RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES ANNUAL SHAREHOLDERS' MEETING DATE

Rhea-AI Summary

Richmond Mutual Bancorporation (NASDAQ: RMBI) announced that its annual shareholder meeting is set for May 17, 2023, with a voting record date of March 31, 2023. The company operates as a community-oriented financial institution, offering various traditional financial and trust services across its locations in Indiana and Ohio.

Richmond Mutual aims to keep shareholders informed as it navigates challenges, including potential economic impacts from various external factors such as inflation and the ongoing geopolitical situation.

Positive

• None.

Negative

• Potential economic challenges due to inflation and geopolitical events.
• Risks related to lending activities and fluctuations in real estate values.

RICHMOND, Ind., Feb. 6, 2023 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company")  announced today that the Company's annual meeting of shareholders will be held on Wednesday, May 17, 2023. The voting record date for shareholders entitled to vote at the annual meeting will be March 31, 2023.

About Richmond Mutual Bancorporation, Inc.

Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville, Cambridge City and Shelbyville, Indiana, its five locations in Sidney, Piqua and Troy, Ohio and its loan production office in Columbus, Ohio.

Forward-Looking Statements

Statements in this press release that are not historical facts may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  Such statements often include words such as "believe," "expect," "anticipate," "estimate," and "intend" or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements, by their nature, are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated in such statements, including potential adverse impacts to economic conditions in our local market areas, other markets where the Company has lending relationships, or other aspects of the Company's business operations or financial markets, including, without limitation, as a result of employment levels, labor shortages and the effects of inflation, a potential recession or slowed economic growth caused by increasing political instability from acts of war including Russia's invasion of Ukraine, as well as increased prices and supply chain disruptions and any governmental or societal response to new COVID-19 variants; significant short-term interest rate increases by the Federal Reserve; recessionary pressures caused by inflation and the Federal Reserve actions to combat inflation; legislative changes; changes in policies by regulatory agencies; fluctuations in interest rates; the risks of lending and investing activities, including changes in the level and direction of loan delinquencies and write-offs and changes in estimates of the adequacy of the allowance for loan losses; the Company's ability to access cost-effective funding; fluctuations in real estate values and both residential and commercial real estate market conditions; demand for loans and deposits in the Company's market area; changes in management's business strategies; changes in the regulatory and tax environments in which the Company operates; and other factors described in the Company's latest Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission, which are available at www.firstbankrichmond.com and on the SEC's website at www.sec.gov. The Company does not undertake—and specifically disclaims any obligation—to revise any forward-looking statement to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statement.

 

View original content:https://www.prnewswire.com/news-releases/richmond-mutual-bancorporation-inc-announces-annual-shareholders-meeting-date-301739768.html

SOURCE Richmond Mutual Bancorporation, Inc.

FAQ

When is the annual meeting for Richmond Mutual Bancorporation (RMBI)?

The annual meeting for Richmond Mutual Bancorporation (NASDAQ: RMBI) is scheduled for May 17, 2023.

What is the record date for shareholders to vote at the annual meeting of RMBI?

The voting record date for shareholders entitled to vote at the annual meeting of RMBI is March 31, 2023.

Where is Richmond Mutual Bancorporation (RMBI) headquartered?

Richmond Mutual Bancorporation (NASDAQ: RMBI) is headquartered in Richmond, Indiana.

What type of services does Richmond Mutual Bancorporation (RMBI) offer?

Richmond Mutual Bancorporation (NASDAQ: RMBI) offers traditional financial and trust services through its community-oriented financial institution.