Filing Analysis
Richmond Mutual Bancorporation, Inc. announced the declaration of a cash dividend of $0.15 per share. The dividend is payable on September 17, 2026, to shareholders of record as of September 3, 2026.
📋 Key Facts
- Dividend amount: $0.15 per share (cash).
- Record date: September 3, 2026.
- Payment date: September 17, 2026.
- Ticker: RMBI (NASDAQ).
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its second quarter 2026 earnings results. The filing serves as a formal notification of the release of financial performance data for the period ending June 30, 2026.
📋 Key Facts
- Earnings announcement date: July 27, 2026
- Reporting period: Second Quarter 2026
- The filing includes an earnings press release as Exhibit 99.1.
This is an amendment to a previous 8-K filing (Form 8-K/A) intended to provide supplemental disclosure regarding Board committee assignments following a merger. The filing details the specific committee roles assigned to newly appointed directors from The Farmers Bancorp.
📋 Key Facts
- The filing is an Amendment No. 1 to an Original 8-K filed on July 1, 2026.
- The amendment follows the completion of a merger with The Farmers Bancorp on July 1, 2026.
- Five individuals were appointed to the Board: Christopher D. Cook, Thomas D. Crawford, Barbara A. Cutillo, Daniel J. Lahrman, and James D. Moore.
- Audit Committee assignments (as of July 15, 2026): Barbara A. Cutillo, Thomas D. Crawford, and James D. Moore.
- Compensation Committee assignments: Barbara A. Cutillo, Thomas D. Crawford, and Daniel J. Lahrman.
- Corporate Governance and Nominating Committee assignments: James D. Moore and Daniel J. Lahrman.
Richmond Mutual Bancorporation, Inc. has completed its merger with The Farmers Bancorp, effectively expanding its operations and board of directors. The transaction involves a stock-for-stock exchange ratio of 3.40 shares of Richmond common stock for each share of Farmers.
🚩 Red Flags
- Significant issuance of new common stock (6.25M shares) which may lead to dilution for existing shareholders.
- Multiple executive officers (Cook, Valentino, Kozuch) entered into change in control agreements involving severance/benefits.
📋 Key Facts
- Merger effective date: July 1, 2026.
- Exchange ratio: 3.40 shares of Richmond Common Stock per share of Farmers common stock.
- Total shares issued by Richmond in connection with the merger: 6,254,357 shares (before fractional share adjustments).
- Board expansion: The board increased from six to eleven directors, adding five former Farmers directors.
- Management changes: Christopher D. Cook appointed President of Richmond and CEO of First Bank Midwest; Garry D. Kleer remains Chairman and CEO of Richmond.
Richmond Mutual Bancorporation (RMBI) reported the results of its Annual Meeting of Stockholders on May 27, 2026, where shareholders approved the merger of The Farmers Bancorp (Frankfort, Indiana) into Richmond Mutual.
📋 Key Facts
- Shareholders approved the merger of The Farmers Bancorp into Richmond Mutual based on an agreement dated November 11, 2025.
- The merger involves the issuance of Richmond Mutual common stock to Farmers Bancorp shareholders.
- Garry D. Kleer and Kathryn Girten were elected as directors for three-year terms expiring in 2029.
- Forvis Mazars, LLP was ratified as the independent registered public accounting firm for 2026.
- The advisory vote on executive compensation was approved.
Richmond Mutual Bancorporation, Inc. announced that its Board of Directors has declared a cash dividend of $0.15 per share on the Company's common stock. The dividend is scheduled to be paid on June 17, 2026, to stockholders of record as of June 3, 2026.
📋 Key Facts
- Declared a cash dividend of $0.15 per share on common stock.
- The dividend is payable on June 17, 2026.
- The record date for stockholders is the close of business on June 3, 2026.
Richmond Mutual Bancorporation (RMBI) is proceeding with its acquisition of The Farmers Bancorp, issuing a reminder letter to Farmers' shareholders to vote on the pending merger. The SEC declared the S-4 registration statement effective on April 3, 2026, and the company is currently in the solicitation phase of the transaction.
🚩 Red Flags
- Potential dilution of existing RMBI shareholders through the issuance of new common stock for the merger.
- Standard merger risks including potential failure to obtain regulatory approvals and integration challenges.
📋 Key Facts
- RMBI is acquiring The Farmers Bancorp based in Frankfort, Indiana.
- A Registration Statement on Form S-4 was declared effective by the SEC on April 3, 2026.
- The filing includes a 'Reminder Letter' to Farmers shareholders dated May 5, 2026, regarding the proxy vote.
- The transaction will involve the issuance of additional RMBI common stock as consideration.
Richmond Mutual Bancorporation, Inc. announced its financial results for the first quarter ended March 31, 2026. The disclosure was made via a press release furnished as an exhibit to the 8-K filing.
📋 Key Facts
- The company reported first quarter 2026 earnings on April 23, 2026.
- The filing was submitted under Item 2.02 (Results of Operations and Financial Condition).
- A press release detailing the financial performance was included as Exhibit 99.1.
Richmond Mutual Bancorporation, Inc. announced the declaration of a quarterly cash dividend of $0.15 per share.
📋 Key Facts
- Dividend amount: $0.15 per share in cash.
- Record date: February 25, 2026.
- Payment date: March 11, 2026.
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its fourth quarter 2025 earnings results. The filing serves as a formal announcement and incorporates the earnings press release by reference.
📋 Key Facts
- Report date: January 22, 2026
- Event: Announcement of Q4 2025 earnings results
- Exhibit 99.1 contains the full earnings press release dated January 22, 2026
Richmond Mutual Bancorporation, Inc. announced that its CEO and CFO will present at the Eden Capital Management’s Investor Day Conference on January 16, 2026. The filing includes an investor presentation as Exhibit 99.1 to satisfy Regulation FD disclosure requirements.
📋 Key Facts
- Garry D. Kleer (President and CEO) and Bradley M. Glover (SVP and CFO) are scheduled to present at the Eden Capital Management’s Investor Day Conference on January 16, 2026.
- The company filed under Item 7.01 (Regulation FD Disclosure).
- An investor presentation was attached as Exhibit 99.1.
Richmond Mutual Bancorporation, Inc. announced the declaration of a cash dividend of $0.15 per share on its common stock.
📋 Key Facts
- Dividend amount: $0.15 per share in cash.
- Record date: December 4, 2025.
- Payment date: December 18, 2025.
Richmond Mutual Bancorporation, Inc. (RMBI) has entered into a definitive merger agreement to acquire The Farmers Bancorp in an all-stock transaction. The deal is expected to close in Q2 2026 and will result in Farmers shareholders owning approximately 38% of the combined entity.
🚩 Red Flags
- Potential dilution for existing RMBI shareholders due to issuance of new common stock.
- Execution risk involving regulatory approvals and shareholder votes.
- Integration risks including systems, personnel, and technology alignment.
📋 Key Facts
- Merger Agreement signed on November 11, 2025.
- Exchange Ratio: Each share of Farmers common stock will receive 3.4 shares of RMBI common stock.
- Aggregate equity value of the merger is approximately $82 million based on RMBI's Nov 10 closing price of $13.15/share.
- Expected completion date: Second calendar quarter of 2026.
- Post-merger board composition: Five current Farmers directors will join the RMBI board.
- Termination fee: $3.3 million payable by Farmers under certain circumstances.
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its third quarter 2025 earnings results. The filing serves as a formal notification of the release of financial performance data for the period ending September 30, 2025.
📋 Key Facts
- Earnings announcement date: October 23, 2025
- Reporting period: Third Quarter 2025
- The filing includes a press release (Exhibit 99.1) detailing results of operations and financial condition.
Richmond Mutual Bancorporation, Inc. announced the declaration of a cash dividend of $0.15 per share. The dividend is payable on September 18, 2025, to shareholders of record as of September 4, 2025.
📋 Key Facts
- Dividend amount: $0.15 per share
- Record date: September 4, 2025
- Payment date: September 18, 2025
- Dividend type: Cash dividend on common stock
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its second quarter 2025 earnings results. The filing serves as a formal notice that the quarterly financial performance data is now available via an attached press release.
📋 Key Facts
- Report date: July 23, 2025
- Reporting period: Second Quarter 2025
- The company furnished its earnings release as Exhibit 99.1
- Signed by Bradley M. Glover, Senior Vice President and CFO
Richmond Mutual Bancorporation, Inc. has entered into change-in-control agreements with its President/COO of First Bank Richmond (Paul Witte) and its CFO (Bradley Glover). These agreements provide significant severance benefits in the event of a change in control or termination without cause.
🚩 Red Flags
- Significant potential cash outflows (2x base salary) triggered by change-in-control events.
- Potential for 'parachute payments' subject to Section 280G tax implications, though agreements include mitigation clauses.
📋 Key Facts
- Agreements entered into on May 22, 2025.
- Parties involved: Paul Witte (President and COO of First Bank Richmond) and Bradley Glover (CFO of Company and Bank).
- Initial term expires December 31, 2026, with annual one-year extensions.
- Severance includes a lump-sum cash payment equal to two (2) times the executive's base amount if terminated without cause or for good reason within 12 months of a change in control.
- Includes up to 24 months of continued insurance coverage at no cost to the executive.
- Benefits are contingent upon the execution and non-revocation of a general release of claims.
Richmond Mutual Bancorporation, Inc. reported the results of its annual meeting of stockholders held on May 21, 2025, which included the election of directors and ratification of auditors. Additionally, the company declared a cash dividend of $0.15 per share.
📋 Key Facts
- Annual meeting held on May 21, 2025; results for four proposals were finalized.
- E. Michael Blum, Harold T. Hanley, III, and Garry D. Kleer were elected to the Board of Directors.
- Stockholders approved an advisory vote to hold executive compensation votes every one year.
- Forvis Mazars, LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- A cash dividend of $0.15 per share was declared, payable on June 18, 2025, to stockholders of record as of June 5, 2025.
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its first quarter 2025 earnings results. The filing serves as a formal notification that the earnings release is being furnished via Exhibit 99.1.
📋 Key Facts
- Report date: April 24, 2025
- Subject matter: Announcement of Q1 2025 earnings results
- Exhibit 99.1 contains the full press release dated April 24, 2025
- Signed by Bradley M. Glover, Senior Vice President and CFO
Richmond Mutual Bancorporation, Inc. announced the upcoming retirement of Dean Weinert, President of its subsidiary division, Mutual Federal.
📋 Key Facts
- Dean Weinert notified the company of his intention to retire on February 28, 2025.
- The effective date of retirement is April 11, 2025.
- Mr. Weinert serves as President of Mutual Federal, a division of First Bank Richmond (a wholly owned subsidiary).
Richmond Mutual Bancorporation, Inc. announced the date for its upcoming annual meeting of stockholders. The meeting is scheduled for May 21, 2025.
📋 Key Facts
- Annual meeting of stockholders to be held on Wednesday, May 21, 2025.
- Record date for shareholders entitled to vote at the annual meeting is March 24, 2025.
- The announcement was made via a press release dated February 14, 2025.
Richmond Mutual Bancorporation, Inc. announced the declaration of a quarterly cash dividend of $0.15 per share. This represents a $0.01 increase over the previous quarter's dividend.
📋 Key Facts
- Dividend amount: $0.15 per share (increased from $0.14).
- Record date: February 26, 2025.
- Payment date: March 12, 2025.
- Dividend type: Cash dividend on common stock.
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its fourth quarter 2024 earnings results. The filing serves as a formal notification that the company's quarterly financial performance data is being released via an attached press release.
📋 Key Facts
- Report date: January 23, 2025
- Reporting period: Fourth Quarter 2024 earnings results
- The filing includes Exhibit 99.1 containing the official earnings press release.
Richmond Mutual Bancorporation, Inc. announced the declaration of a cash dividend on its common stock.
📋 Key Facts
- Dividend amount: $0.14 per share in cash.
- Record date: December 5, 2024.
- Payment date: December 19, 2024.
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its third quarter 2024 earnings results. The filing serves as a formal notification of the release of financial performance data for the period ending September 30, 2024.
📋 Key Facts
- The company announced its Q3 2024 earnings on October 24, 2024.
- Earnings release is furnished as Exhibit 99.1.
- The filing was signed by Bradley M. Glover, Senior Vice President and CFO.
Richmond Mutual Bancorporation, Inc. announced the declaration of a cash dividend on its common stock.
📋 Key Facts
- Dividend amount: $0.14 per share in cash.
- Record date: September 4, 2024.
- Payment date: September 18, 2024.
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its second quarter 2024 earnings results.
📋 Key Facts
- Earnings release date: July 25, 2024
- Reporting period: Second Quarter 2024
- The filing serves as a formal announcement of quarterly financial performance via Exhibit 99.1.
Richmond Mutual Bancorporation, Inc. has extended its current stock repurchase program for an additional year, moving the expiration date from June 6, 2024, to June 6, 2025.
📋 Key Facts
- The Board of Directors extended the stock repurchase program on May 16, 2024.
- New expiration date for the program is June 6, 2025.
- As of May 15, 2024, 723,195 shares remained available for purchase under the existing program.
- Since inception through May 15, 2024, the company has repurchased 782,840 shares at an aggregate cost of $8.8 million.
Richmond Mutual Bancorporation, Inc. reported the results of its annual shareholder meeting held on May 15, 2024, and announced a cash dividend declaration.
📋 Key Facts
- Annual meeting held on May 15, 2024.
- Jeffrey A. Jackson elected to the Board of Directors for a term expiring in 2027.
- M. Lynn Wetzel elected to the Board of Directors for a term expiring in 2027.
- Shareholders ratified the appointment of FORVIS, LLP as independent registered public accounting firm for fiscal year ending Dec 31, 2024.
- A cash dividend of $0.14 per share was declared on May 16, 2024.
- Dividend payable date: June 13, 2024; Record date: May 30, 2024.
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its first quarter 2024 earnings results. The filing serves as a formal announcement of the company's quarterly financial performance.
📋 Key Facts
- The report date is April 25, 2024.
- The filing announces the first quarter 2024 earnings results.
- Earnings release is provided in Exhibit 99.1.
Richmond Mutual Bancorporation, Inc. has officially appointed Bradley M. Glover as the permanent Chief Financial Officer (CFO) for both the Company and its subsidiary, First Bank Richmond. Mr. Glover had previously been serving in an acting capacity since May 2023.
📋 Key Facts
- Bradley M. Glover appointed as permanent CFO of Richmond Mutual Bancorporation, Inc. and First Bank Richmond effective March 25, 2024.
- Mr. Glover has been serving in an 'Acting CFO' capacity since May 23, 2023.
- Mr. Glover has been with First Bank Richmond since 2011.
- Prior to this appointment, he served as Vice President/Controller of the Bank starting in 2021.
Richmond Mutual Bancorporation, Inc. announced the declaration of a cash dividend on its common stock.
📋 Key Facts
- Dividend amount: $0.14 per share in cash.
- Record date: March 4, 2024.
- Payment date: March 14, 2024.
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce the date for its upcoming annual meeting of stockholders. The meeting is scheduled for May 15, 2024.
📋 Key Facts
- Annual meeting of stockholders will be held on Wednesday, May 15, 2024.
- The voting record date for shareholders entitled to vote is March 28, 2024.
- The filing includes a press release (Exhibit 99.1) regarding the meeting announcement.
Richmond Mutual Bancorporation, Inc. filed an 8-K to announce its fourth quarter 2023 earnings results. The filing serves as a formal notice that the company's financial performance for the period ending December 31, 2023, has been released via press release.
📋 Key Facts
- The report date is January 25, 2024.
- The filing pertains to Item 2.02 (Results of Operations and Financial Condition).
- Earnings results for the fourth quarter of 2023 were announced on January 25, 2024.