secwatch.observer — SEC 8-K summary
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Issuer:     HAWTHORN BANCSHARES, INC. (HWBK)
CIK:        0000893847
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000893847-24-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawthorn Bancshares Q3 net income $4.6M, EPS $0.66 (up 83% YoY); declares $0.19 dividend
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- Net income $4.6M, EPS $0.66 vs $2.6M and $0.36 in Q3 2023; nine-month net income $13.7M ($1.95 EPS).
- Net interest margin (FTE) 3.36%, up from 3.33% prior quarter; loans down 2.1% QoQ, deposits down 3.0% QoQ.
- Non-performing loans to total loans 0.28%; allowance for credit losses 1.50% of loans, net charge-offs 0.04% of avg loans.
- Book value per share $20.91, up 24% YoY; total risk-based capital ratio 14.91%; repurchased 56,692 shares at avg $19.51.
- Quarterly dividend of $0.19 per share declared, payable Jan 1, 2025 to holders of record Dec 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893847/000089384724000019/0000893847-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893847/000089384724000019/hwbk-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000893847-24-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer