{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-013653","form_type":"8-K","ticker":"RMBI","cik":"0001767837","company_name":"Richmond Mutual Bancorporation, Inc.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.464216+00:00","generated_at":"2026-06-16T09:15:19.653758+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Richmond Mutual Q1 net income $2.9M ($0.27 EPS); NIM narrows to 3.04% on rate headwinds","bullets":["Net income $2.9M vs $3.3M in Q4 2022; diluted EPS $0.27 down 12.9% sequentially.","Net interest income fell 6.2% to $9.9M; NIM compressed 29 bp to 3.04%.","Adopted CECL, recording a one-time $3.8M after-tax reduction to retained earnings.","Nonperforming loans improved to 0.86% of loans from 0.94% at Dec 31.","Repurchased 98,553 shares at avg $11.68; deposits flat but brokered deposits up to 28.3%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-013653","json":"https://secwatch.observer/filing/0001628280-23-013653.json","markdown":"https://secwatch.observer/filing/0001628280-23-013653.md","text":"https://secwatch.observer/filing/0001628280-23-013653.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1767837/000162828023013653/0001628280-23-013653-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1767837/000162828023013653/rmbi-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:15:19.653758+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0174d6dd943e984b196709ad8c5a37d4c80bb958","claim":"Richmond Mutual Bancorporation, Inc. reported first quarter of 2023 results: net income $2.9 million, EPS $0.27 diluted earnings per share.","evidence_excerpt":"Richmond Mutual Bancorporation, Inc., a Maryland corporation (the “Company”) (NASDAQ: RMBI), parent company of First Bank Richmond (the “Bank”), today announced net income of $2.9 million, or $0.27 diluted earnings per share, for the first quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1767837/000162828023013653/0001628280-23-013653-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"$2.9 million"},{"label":"EPS","value":"$0.27 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}