---
schema_version: "secwatch.filing_event.v1"
accession: "0000893847-26-000091"
form_type: "8-K"
ticker: "HWBK"
cik: "0000893847"
company_name: "HAWTHORN BANCSHARES, INC."
filed_at: "2026-09-04T13:40:24+00:00"
generated_at: "2026-09-04T13:41:12.186466+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hawthorn Bancshares completes merger with FSC Bancshares; total assets ~$2.2B

## Summary
- Merger effective Sept. 3, 2026; each FSC share exchanged for $73.7099 cash + 2.1823 HWBK shares.
- Total consideration: 413,101 HWBK shares and $13,953,000 cash delivered to FSC shareholders.
- Combined company has ~$2.2B total assets; Hawthorn Bank now operates 27 MO locations plus 1 in Kansas.
- Customer conversion of Farmers State Bank onto Hawthorn platform expected in Q1 2027.
- Farmers State Bank customers continue using existing channels until conversion.

## SEC filing metadata
- accession: 0000893847-26-000091
- form_type: 8-K
- ticker: HWBK
- cik: 0000893847
- company_name: HAWTHORN BANCSHARES, INC.
- filed_at: 2026-09-04T13:40:24+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/893847/000089384726000091/0000893847-26-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/893847/000089384726000091/hwbk-20260903.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000893847-26-000091
- JSON: https://secwatch.observer/filing/0000893847-26-000091.json
- Plain text: https://secwatch.observer/filing/0000893847-26-000091.txt

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