secwatch.observer — SEC 8-K summary
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Issuer:     Richmond Mutual Bancorporation, Inc. (RMBI)
CIK:        0001767837
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0001767837-25-000001
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Richmond Mutual Q4 2024 net income $2.5M ($0.24 EPS); net interest margin 2.70%
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- Net income $2.5M ($0.24 diluted EPS) flat vs Q3 2024, up from $1.9M ($0.19) in Q4 2023.
- Net interest income $9.9M, up 4.6% QoQ and 5.7% YoY; net interest margin 2.70% vs 2.60% QoQ.
- Loans and leases net $1.2B, up 6.3% YoY; nonperforming loans improved to 0.58% from 0.72% YoY.
- Repurchased 133,858 shares at avg $13.95 in Q4; 472,944 shares remain under buyback program.
- Deposits $1.1B, up 5.1% YoY; uninsured deposits estimated at 22.7% of total excluding collateralized public deposits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767837/000176783725000001/0001767837-25-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767837/000176783725000001/rmbi-20250123.htm
  HTML page:      https://secwatch.observer/filing/0001767837-25-000001

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