{"schema_version":"secwatch.filing_event.v1","accession":"0001767837-25-000007","form_type":"8-K","ticker":"RMBI","cik":"0001767837","company_name":"Richmond Mutual Bancorporation, Inc.","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.636345+00:00","generated_at":"2026-05-23T07:10:37.546414+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Richmond Mutual Q1 2025 net income $2.0M ($0.20 EPS) vs $2.4M ($0.23) YoY; provision for credit losses surges","bullets":["Diluted EPS $0.20 vs $0.24 in Q4 2024 and $0.23 in Q1 2024; net income $2.0M, down from $2.5M and $2.4M respectively.","Provision for credit losses $731,000, up from $196,000 in Q4 2024 and $183,000 in Q1 2024, driven by commercial loan growth.","One-time pre-tax expense of $246,000 from core provider contract negotiations reduced EPS by $0.02.","Net interest margin improved to 2.79% from 2.70% in prior quarter; net interest income rose 4.0% sequentially to $10.3M.","Repurchased 324,696 shares at avg $13.04 during quarter; additional 48,258 shares bought after quarter end."],"urls":{"canonical":"https://secwatch.observer/filing/0001767837-25-000007","json":"https://secwatch.observer/filing/0001767837-25-000007.json","markdown":"https://secwatch.observer/filing/0001767837-25-000007.md","text":"https://secwatch.observer/filing/0001767837-25-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1767837/000176783725000007/0001767837-25-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1767837/000176783725000007/rmbi-20250424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T07:10:37.546414+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}