---
schema_version: "secwatch.filing_event.v1"
accession: "0001767837-24-000017"
form_type: "8-K"
ticker: "RMBI"
cik: "0001767837"
company_name: "Richmond Mutual Bancorporation, Inc."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:35:52.848234+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Richmond Mutual Q3 net income $2.5M ($0.24 EPS); up 32% YoY

## Summary
- Net income $2.5M vs $1.9M in Q3 2023; diluted EPS $0.24 vs $0.19 YoY.
- Net interest income $9.4M, down 1.5% QoQ but up 3.3% YoY; margin 2.60%.
- Noninterest income rose 14.5% YoY to $1.3M on higher loan sale gains.
- Nonperforming loans improved to 0.58% of total loans vs 0.72% at Dec 2023.
- Repurchased 71,306 shares at avg $12.42 during Q3; 22,084 shares post-quarter.

## SEC filing metadata
- accession: 0001767837-24-000017
- form_type: 8-K
- ticker: RMBI
- cik: 0001767837
- company_name: Richmond Mutual Bancorporation, Inc.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767837/000176783724000017/0001767837-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767837/000176783724000017/rmbi-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767837-24-000017
- JSON: https://secwatch.observer/filing/0001767837-24-000017.json
- Plain text: https://secwatch.observer/filing/0001767837-24-000017.txt

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