{"schema_version":"secwatch.filing_event.v1","accession":"0001767837-23-000017","form_type":"8-K","ticker":"RMBI","cik":"0001767837","company_name":"Richmond Mutual Bancorporation, Inc.","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.165303+00:00","generated_at":"2026-06-13T03:15:36.997880+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Richmond Mutual Q2 net income falls to $2.7M; net interest margin compresses to 2.77%","bullets":["Q2 2023 diluted EPS $0.26, down from $0.27 in Q1 2023 and $0.31 in Q2 2022.","Net interest income decreased 5.4% sequentially to $9.3M; net interest margin fell 27 bps to 2.77%.","Nonperforming loans improved to 0.81% of total loans ($8.5M) vs 0.94% at Dec 2022.","Company repurchased 237,072 shares at avg $10.26 during Q2; 1.1M shares remain under program.","Adopted CECL on Jan 1, 2023, adding $3.8M net-of-tax to allowance; allowance now 1.45% of loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001767837-23-000017","json":"https://secwatch.observer/filing/0001767837-23-000017.json","markdown":"https://secwatch.observer/filing/0001767837-23-000017.md","text":"https://secwatch.observer/filing/0001767837-23-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1767837/000176783723000017/0001767837-23-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1767837/000176783723000017/rmbi-20230725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:15:36.997880+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":"32fb4a96792413b7ac70b553a6565419d338ec4e","claim":"Richmond Mutual Bancorporation, Inc. reported second quarter of 2023 results: net income $2.7 million, EPS $0.26 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 $2.7 million, or $0.26 diluted earnings per share, for the second quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1767837/000176783723000017/0001767837-23-000017-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Net income","value":"$2.7 million"},{"label":"EPS","value":"$0.26 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"}