secwatch.observer — SEC 8-K summary
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Issuer:     HAWTHORN BANCSHARES, INC. (HWBK)
CIK:        0000893847
Form:       8-K
Filed at:   2026-09-04T13:40:24+00:00
Accession:  0000893847-26-000091
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893847/000089384726000091/0000893847-26-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893847/000089384726000091/hwbk-20260903.htm
  HTML page:      https://secwatch.observer/filing/0000893847-26-000091

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