---
schema_version: "secwatch.filing_event.v1"
accession: "0000893847-26-000061"
form_type: "8-K/A"
ticker: "HWBK"
cik: "0000893847"
company_name: "HAWTHORN BANCSHARES, INC."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T23:05:33.779919+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hawthorn Bancshares corrects sale-leaseback error, cuts Q1 net income by $1.1M

## Summary
- Correction of sale-leaseback accounting error reduces Q1 net income by $1.1M and diluted EPS by $0.15.
- Proceeds of $1.9M from property sale reclassified as financing obligation; gain recognition deferred.
- Revised Q1 net income $5.7M ($0.83 diluted EPS) vs. originally higher preliminary results.
- Company will re-evaluate transaction for sale-leaseback accounting as contractual obligations are resolved.
- Q1 net interest margin FTE 4.07%; loans decreased 2.2% from prior quarter to $1.45B.

## SEC filing metadata
- accession: 0000893847-26-000061
- form_type: 8-K/A
- ticker: HWBK
- cik: 0000893847
- company_name: HAWTHORN BANCSHARES, INC.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/893847/000089384726000061/0000893847-26-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/893847/000089384726000061/hwbk-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000893847-26-000061
- JSON: https://secwatch.observer/filing/0000893847-26-000061.json
- Plain text: https://secwatch.observer/filing/0000893847-26-000061.txt

## Source-grounded claims
- claim_id: 196fe1cf128b46b85b049d2f78fb8d45f74098d5
  claim: HAWTHORN BANCSHARES, INC. reported quarter ended March 31, 2026 results: net income $5.7 million, EPS $0.83.
  evidence_excerpt: Hawthorn Bancshares Reports First Quarter 2026 Results Jefferson City, MO — April 29, 2026 — Hawthorn Bancshares, Inc. (NASDAQ: HWBK) , (the “Company”), the bank holding company for Hawthorn Bank, reported first quarter 2026 net income of $5.7 million, or earnings per diluted share (“EPS”) of $0.83.
  evidence_url: https://www.sec.gov/Archives/edgar/data/893847/000089384726000061/0000893847-26-000061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.