---
schema_version: "secwatch.filing_event.v1"
accession: "0001767837-22-000023"
form_type: "8-K"
ticker: "RMBI"
cik: "0001767837"
company_name: "Richmond Mutual Bancorporation, Inc."
filed_at: "2022-10-24T23:59:59+00:00"
generated_at: "2026-06-23T01:41:42.243724+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# RMBI Q3 EPS $0.29, down 6.5% QoQ; loans up 9.9% YTD, NIM falls to 3.39%

## Summary
- Net income $3.2M ($0.29 diluted EPS) vs $3.5M ($0.31) Q2'22 and $3.1M ($0.27) Q3'21; EPS -6.5% QoQ, +7.4% YoY.
- Net interest margin narrowed to 3.39% from 3.45% Q2'22 and 3.42% Q3'21 due to faster liability cost growth.
- Loans and leases, net, grew $82.6M (9.9%) YTD to $915.5M; total deposits up $58.5M (6.5%) to $958.6M.
- Stockholders' equity fell $55.5M (30.8%) to $125.0M since Dec 2021, driven by $54M AOCI hit and $9.6M buybacks.
- Company repurchased 45,689 shares at avg $14.17 in Q3; 1.14M shares remain under repurchase program.

## SEC filing metadata
- accession: 0001767837-22-000023
- form_type: 8-K
- ticker: RMBI
- cik: 0001767837
- company_name: Richmond Mutual Bancorporation, Inc.
- filed_at: 2022-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767837/000176783722000023/0001767837-22-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767837/000176783722000023/rmbi-20221020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767837-22-000023
- JSON: https://secwatch.observer/filing/0001767837-22-000023.json
- Plain text: https://secwatch.observer/filing/0001767837-22-000023.txt

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