---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-049841"
form_type: "8-K"
ticker: "RMBI"
cik: "0001767837"
company_name: "Richmond Mutual Bancorporation, Inc."
filed_at: "2026-07-27T21:06:37+00:00"
generated_at: "2026-07-27T21:08:14.149491+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Richmond Mutual Q2 net income falls to $2.2M ($0.22 EPS) on $1.9M merger costs

## Summary
- Net income $2.2M ($0.22 diluted EPS) vs $2.8M ($0.28) in Q1 2026 and $2.6M ($0.26) in Q2 2025.
- Net interest margin expanded to 3.22% from 3.10% in Q1 2026 and 2.93% in Q2 2025.
- Nonperforming loans rose to 1.78% of total loans ($21.8M) from 1.46% at Dec 31, 2025.
- Completed merger with Farmers Bancorp on July 1, 2026; combined bank renamed First Bank Midwest.
- Noninterest expense increased 16.8% to $10.2M, driven by $1.9M non-recurring merger-related costs.

## SEC filing metadata
- accession: 0001628280-26-049841
- form_type: 8-K
- ticker: RMBI
- cik: 0001767837
- company_name: Richmond Mutual Bancorporation, Inc.
- filed_at: 2026-07-27T21:06:37+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767837/000162828026049841/0001628280-26-049841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767837/000162828026049841/rmbi-20260727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-049841
- JSON: https://secwatch.observer/filing/0001628280-26-049841.json
- Plain text: https://secwatch.observer/filing/0001628280-26-049841.txt

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