---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-003117"
form_type: "8-K"
ticker: "RMBI"
cik: "0001767837"
company_name: "Richmond Mutual Bancorporation, Inc."
filed_at: "2026-01-22T23:59:59+00:00"
generated_at: "2026-05-16T08:50:38.945796+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Richmond Mutual Q4 EPS $0.35 (+45.8% YoY); announces $82M merger with Farmers Bancorp

## Summary
- Q4 2025 net income $3.4M ($0.35 diluted EPS), up 45.8% YoY from $0.24; down 2.8% QoQ from $0.36.
- Proposed merger with Farmers Bancorp valued at ~$82M; Farmers shareholders receive 3.40 RMBI shares per share; closing expected Q2 2026.
- Nonperforming loans rose to $17.4M (1.46% of loans) from $6.8M (0.58%) a year ago, driven by one $6.7M CRE loan.
- Net interest margin expanded to 3.11% from 2.70% a year ago; net interest income up 16.9% YoY.
- Book value per share $13.88, up from $12.29 a year ago; equity-to-assets ratio 9.55%.

## SEC filing metadata
- accession: 0001628280-26-003117
- form_type: 8-K
- ticker: RMBI
- cik: 0001767837
- company_name: Richmond Mutual Bancorporation, Inc.
- filed_at: 2026-01-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767837/000162828026003117/0001628280-26-003117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767837/000162828026003117/rmbi-20260122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-003117
- JSON: https://secwatch.observer/filing/0001628280-26-003117.json
- Plain text: https://secwatch.observer/filing/0001628280-26-003117.txt

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