Highest-materiality recent filing
Richmond Mutual completes merger with Farmers Bancorp; issues 6.25M shares
Effective July 1, 2026, Richmond merged with Farmers Bancorp; each Farmers share converted into 3.40 Richmond shares.
Richmond Mutual and Farmers Bancorp shareholders approve merger; expected close Q2 2026
Richmond Mutual shareholders voted 6,608,986 for and 106,010 against the merger proposal.
RMBI Q1 net income $2.8M ($0.28), up 41% YoY; merger closing in Q2
Net income $2.8M ($0.28 diluted EPS) vs $2.0M ($0.20) in Q1 2025, up 41% YoY.
Richmond Mutual Q4 EPS $0.35 (+45.8% YoY); announces $82M merger with Farmers Bancorp
Q4 2025 net income $3.4M ($0.35 diluted EPS), up 45.8% YoY from $0.24; down 2.8% QoQ from $0.36.
RMBI merges with Farmers Bancorp in all-stock deal valued at ~$82M
Exchange ratio: 3.4 RMBI shares per FABP share; aggregate equity value ~$82M based on RMBI closing of $13.15 on Nov 10.
Richmond Mutual Bancorp Q2 2025 EPS $0.26, up 30% YoY; NIM expands to 2.93%
Net income $2.6M ($0.26 diluted EPS) vs $2.1M ($0.20 EPS) Q2 2024, a 30% increase.
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.
Richmond Mutual Q3 net income $2.5M ($0.24 EPS); up 32% YoY
Net income $2.5M vs $1.9M in Q3 2023; diluted EPS $0.24 vs $0.19 YoY.
Richmond Mutual Q2 net income falls to $2.1M, EPS $0.20; NIM compresses to 2.64%
Diluted EPS of $0.20 vs $0.23 in Q1'24 and $0.26 in Q2'23; net income $2.1M down 12.5% QoQ.
Richmond Mutual Q4 net income $1.9M ($0.19 EPS), down 42% YoY; NIM 2.67%
EPS $0.19 flat QoQ, down from $0.31 in Q4 2022; full-year EPS $0.91 vs $1.17.
Richmond Mutual Q3 net income $1.9M ($0.19 EPS), down from Q2; net margin falls to 2.66%
Net income $1.9M ($0.19 diluted EPS) vs $2.7M ($0.26) in Q2 2023 and $3.2M ($0.29) in Q3 2022.
Richmond Mutual Q2 net income falls to $2.7M; net interest margin compresses to 2.77%
Q2 2023 diluted EPS $0.26, down from $0.27 in Q1 2023 and $0.31 in Q2 2022.
Shareholders elected Kathryn Girten as director for a three-year term; votes: 4,751,333 for, 1,802,343 withheld, 2,372,671 broker non-votes.
Richmond Mutual Bancorp Q4 net income $3.3M ($0.31 EPS), full year $13.0M
Q4 2022 net income $3.3M ($0.31 diluted EPS); full year net income $13.0M ($1.17), up 17.1% YoY.
Net income $3.5M ($0.31 diluted EPS) vs $2.8M ($0.24) in Q2 2021, up 29% YoY.
Richmond Mutual Q2 net income $3.5M, EPS $0.31; announces new 10% stock buyback program
Net income $3.5M ($0.31 diluted EPS) vs $3.0M ($0.26) Q1'22 and $2.8M ($0.24) Q2'21; YoY EPS +29%.
in connection with the completion of the Corporation’s merger with The Farmers Bancorp on July 1, 2026, Christopher D. Cook, Thomas D. Crawford, Barbara A. Cutillo, Daniel J. Lahrman, and James D. Moore were appointed to the Board of Directors.
in connection with the completion of the Corporation’s merger with The Farmers Bancorp on July 1, 2026, Christopher D. Cook, Thomas D. Crawford, Barbara A. Cutillo, Daniel J. Lahrman, and James D. Moore were appointed to the Board of Directors.
in connection with the completion of the Corporation’s merger with The Farmers Bancorp on July 1, 2026, Christopher D. Cook, Thomas D. Crawford, Barbara A. Cutillo, Daniel J. Lahrman, and James D. Moore were appointed to the Board of Directors.
in connection with the completion of the Corporation’s merger with The Farmers Bancorp on July 1, 2026, Christopher D. Cook, Thomas D. Crawford, Barbara A. Cutillo, Daniel J. Lahrman, and James D. Moore were appointed to the Board of Directors.
in connection with the completion of the Corporation’s merger with The Farmers Bancorp on July 1, 2026, Christopher D. Cook, Thomas D. Crawford, Barbara A. Cutillo, Daniel J. Lahrman, and James D. Moore were appointed to the Board of Directors.
Barbara A. Cutillo, the former chairman of the Farmers board of directors, was appointed as Vice Chair of the Richmond and First Bank Midwest boards.
Paul J. Witte ceased serving as President and Chief Operating Officer of First Bank Richmond and was appointed Indiana Market President of First Bank Midwest.
Christopher D. Cook, the former President and Chief Executive Officer of Farmers, was appointed President of Richmond and President and Chief Executive Officer of First Bank Midwest.
Christopher D. Cook (Class I), James D. Moore (Class I), Barbara A. Cutillo (Class II), Thomas D. Crawford (Class II) and Daniel J. Lahrman (Class III), all former directors of Farmers (each, a ‘New Director’ and, collectively, the ‘New Directors’).
Christopher D. Cook (Class I), James D. Moore (Class I), Barbara A. Cutillo (Class II), Thomas D. Crawford (Class II) and Daniel J. Lahrman (Class III), all former directors of Farmers (each, a ‘New Director’ and, collectively, the ‘New Directors’).
Christopher D. Cook, the former President and Chief Executive Officer of Farmers, was appointed President of Richmond and President and Chief Executive Officer of First Bank Midwest.
Chad L. Kozuch, the former Chief Financial Officer of Farmers, was appointed Chief Risk Officer of First Bank Midwest.
Max materiality 0.90 · Median 0.47 · Most common event dividend