{"schema_version":"secwatch.filing_event.v1","accession":"0001767837-23-000020","form_type":"8-K","ticker":"RMBI","cik":"0001767837","company_name":"Richmond Mutual Bancorporation, Inc.","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.361617+00:00","generated_at":"2026-06-09T18:43:56.656210+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 Q3 net income $1.9M ($0.19 EPS), down from Q2; net margin falls to 2.66%","bullets":["Net income $1.9M ($0.19 diluted EPS) vs $2.7M ($0.26) in Q2 2023 and $3.2M ($0.29) in Q3 2022.","Net interest margin 2.66%, down from 2.77% QoQ and 3.39% YoY; net interest income fell 2.2% QoQ and 13.2% YoY.","Loans grew 10.9% YTD to $1.1B; deposits up 4.8% to $1.1B. Nonperforming loans improved to 0.74% from 0.94%.","Repurchased 148,546 shares at avg $11.39 in Q3; ~959,611 shares remain under buyback program.","Provision for credit losses $50K vs $8K in Q2; credit quality stable with net charge-offs $299K in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0001767837-23-000020","json":"https://secwatch.observer/filing/0001767837-23-000020.json","markdown":"https://secwatch.observer/filing/0001767837-23-000020.md","text":"https://secwatch.observer/filing/0001767837-23-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1767837/000176783723000020/0001767837-23-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1767837/000176783723000020/rmbi-20231019.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T18:43:56.656210+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":"5cb803b82e2ad7bde7f4b77a3fcd997684ad97e4","claim":"Richmond Mutual Bancorporation, Inc. reported the third quarter of 2023 results: revenue $9.1 million, net income $1.9 million, EPS $0.19 diluted earnings per share.","evidence_excerpt":"30, 2023, and $133.0 million at December 31, 2022. The Company’s equity to assets ratio was 8.34% at September 30, 2023. • Net interest income decreased $206,000, or 2.2%, to $9.1 million for the three months ended September 30, 2023, compared to net interest income of $9.3 million for the prior quarter, and decreased $1.4 million, or 13.2%, from $10.5 million for","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1767837/000176783723000020/0001767837-23-000020-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2023"},{"label":"Revenue","value":"$9.1 million"},{"label":"Net income","value":"$1.9 million"},{"label":"EPS","value":"$0.19 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"}