Welcome to our dedicated page for Richmond Mut Bancorporation SEC filings (Ticker: RMBI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission (SEC) filings for Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI), a Maryland-based bank holding company for First Bank Richmond. Through these documents, investors can review the company’s official regulatory disclosures about its community banking operations in Indiana and Ohio.
Richmond Mutual Bancorporation, Inc. files periodic reports such as Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, which contain detailed information on assets, loans and leases, deposits, nonperforming loans and leases, allowance for credit losses, net interest income, noninterest income, noninterest expense, capital ratios, and risk factors. These filings explain how interest rate changes, funding costs, and credit quality affect the company’s performance and balance sheet.
The company also submits Current Reports on Form 8-K to disclose material events. Recent 8-K filings referenced in the input data report quarterly earnings releases, cash dividend declarations on RMBI common stock, and the entry into an Agreement and Plan of Merger with The Farmers Bancorp. The merger-related Form 8-K describes the planned combination of Farmers with Richmond Mutual, the intended merger of The Farmers Bank into First Bank Richmond, the exchange ratio for Farmers’ shares, expected ownership percentages in the combined company, and the conditions required to complete the transaction.
On Stock Titan, these filings are updated in line with EDGAR and can be paired with AI-powered summaries that highlight key points, such as changes in net interest margin, provisions for credit losses, or terms of the Merger Agreement. Users can also monitor documents that relate to capital actions, including dividend announcements furnished on Form 8-K. Together, these filings offer a structured view of Richmond Mutual Bancorporation, Inc.’s regulatory reporting and material corporate events.
Richmond Mutual Bancorporation, Inc. reported first quarter 2026 net income of $2.8 million, or $0.28 diluted EPS, up from $2.0 million, or $0.20, a year earlier but down from $3.4 million, or $0.35, in the fourth quarter of 2025.
Net interest income was $11.4 million and annualized net interest margin was 3.10%, slightly below the prior quarter but above 2.79% in first quarter 2025. Asset quality remained stable with nonperforming loans and leases at 1.48% of total loans and leases and an allowance equal to 1.41%.
The Company highlighted nonrecurring items, including core processor implementation fees, fraud losses, and taxes on a nonaccrual loan, which weighed on earnings. Management emphasized strong capital, with stockholders’ equity of $144.9 million and an equity-to-assets ratio of 9.54%.
The filing also updates on the proposed all-stock merger with Farmers Bancorp, under which Farmers Bancorp shareholders will receive 3.40 Company shares per Farmers share and are expected to own about 38% of the combined company. All required regulatory approvals have been received, with shareholder votes scheduled for late May 2026.
Richmond Mutual Bancorporation, Inc. and The Farmers Bancorp, Frankfort, Indiana have entered into a merger agreement dated November 11, 2025 under which Farmers Bancorp will merge into Richmond Mutual and Farmers Bank will merge into First Bank Richmond. Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual common stock per Farmers Bancorp share, with cash paid for fractional shares. Based on shares outstanding as of March 30, 2026, Richmond Mutual expects to issue approximately 6,269,855 shares, resulting in former Farmers Bancorp shareholders owning about 38% of the combined company and existing Richmond Mutual shareholders owning about 62%. The combined company is expected to have approximately $2.6 billion in total assets and continue trading on Nasdaq under the ticker RMBI. The merger is subject to shareholder approvals, regulatory approvals, satisfaction of closing conditions, and customary termination rights and fees.
Richmond Mutual Bancorporation, Inc. and The Farmers Bancorp, Frankfort, Indiana entered into a merger agreement under which Farmers Bancorp will merge into Richmond Mutual, creating a combined bank holding company with approximately $2.6 billion in total assets and an estimated market capitalization of $224.7 million. Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual common stock per Farmers Bancorp share, with Richmond Mutual expecting to issue approximately 6,269,855 shares in the merger. Based on a $13.55 Richmond Mutual closing price on March 30, 2026, the per-share merger consideration equated to about $46.07 per Farmers Bancorp share, or roughly $85.0 million aggregate. Post-closing ownership is estimated at ~38% for former Farmers Bancorp shareholders and ~62% for existing Richmond Mutual shareholders. The merger is conditioned on shareholder approvals and regulatory clearances; all required regulatory approvals have been received and shareholder meetings are scheduled for May 26–27, 2026.
The Vanguard Group filed Amendment No. 2 to a Schedule 13G/A concerning Richmond Mutual BanCorp Inc common stock (CUSIP 76525P100), stating it beneficially owns 0 shares representing 0% of the class. The filing explains an internal realignment effective January 12, 2026 that caused certain subsidiaries and business divisions to report beneficial ownership separately in reliance on SEC Release No. 34-39538.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. The statement lists voting and dispositive powers as zero and notes Vanguard entities have rights to dividends or proceeds for managed accounts where applicable.
Richmond Mutual Bancorporation, Inc. proposes to acquire The Farmers Bancorp in a stock merger that would create a combined bank holding company with approximately $2.6 billion in total assets. Under the merger, Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual common stock per Farmers Bancorp share.
Richmond Mutual expects to issue approximately 6,269,855 shares and estimates former Farmers Bancorp shareholders will own about 38% of the combined company on a fully diluted basis. Completion is expected in Q2 2026, but is subject to regulatory approvals and shareholder votes required at separate Richmond Mutual and Farmers Bancorp meetings.
Richmond Mutual Bancorporation reported higher 2025 earnings and outlined continued balance sheet growth. Net income rose to $11.6 million from $9.4 million in 2024, supported by community banking, leasing and wealth management operations with $246.3 million in assets under management.
At December 31, 2025, the company had $1.5 billion in assets, $1.2 billion in loans and leases, $1.1 billion in deposits and $145.8 million in stockholders’ equity. Commercial and multi-family real estate loans made up 52.2% of the loan and lease portfolio, while leases represented 12.2%.
Asset quality weakened as non-performing assets increased to $17.5 million, or 1.14% of total assets, from 0.45% a year earlier. The allowance for credit losses on loans and leases was $16.5 million, or 1.38% of total loans and leases. Funding included $1.1 billion of deposits, with brokered deposits of $235.9 million and Federal Home Loan Bank advances of $240.0 million. The company also highlighted a planned merger with The Farmers Bancorp, expected to close in the second quarter of 2026, subject to customary approvals.
Richmond Mutual Bancorporation, Inc. Market President (West Ohio) William A. Daily Jr. bought 212.7936 shares of common stock in an open-market purchase at $14.10 per share.
After this trade, he directly owns 844.5901 common shares and holds rights to buy 25,000 shares that vest in five equal annual installments commencing on June 30, 2026.
Richmond Mutual Bancorporation, Inc. Market President (West Ohio) William A. Daily Jr. reported an open-market purchase of 347.2222 shares of common stock at $14.4000 per share. After this trade, he directly holds 631.7965 common shares. He also holds 25,000 common stock rights that vest in five equal annual installments starting on June 30, 2026.