Hawthorn Bancshares Reports Results for the Fourth Quarter and the Year Ended December 31, 2025

Rhea-AI Summary

Hawthorn Bancshares (NASDAQ: HWBK) reported 2025 net income of $23.8 million (EPS $3.43), a 30.4% increase versus 2024. Fourth-quarter 2025 net income was $6.2 million (EPS $0.90). Net interest margin (FTE) rose to 3.89% for 2025; efficiency ratio improved to 63.41%. Book value per share increased to $25.13. Deposits were $1.55 billion and loans were $1.49 billion at year end. The board approved a quarterly cash dividend of $0.21 payable April 1, 2026.

Positive

• Net income +30.4% YoY to $23.8 million for 2025
• Net interest margin improved to 3.89% (FTE) for 2025
• Efficiency ratio improved 451 bps to 63.41% for 2025
• Book value per share increased 17.6% to $25.13

Negative

• Q4 net loan charge-offs rose to $1.1 million, driven by one commercial charge-off

News Market Reaction

-0.06%

2 alerts

-0.06% News Effect

-$141K Valuation Impact

$234M Market Cap

0.6x Rel. Volume

On the day this news was published, HWBK declined 0.06%, reflecting a mild negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $141K from the company's valuation, bringing the market cap to $234M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q4 2025 net income: $6.2 million Q4 2025 diluted EPS: $0.90 2025 net income: $23.8 million +5 more

8 metrics

Q4 2025 net income $6.2 million Fourth quarter 2025

Q4 2025 diluted EPS $0.90 Fourth quarter 2025 vs. $0.88 prior quarter

2025 net income $23.8 million Full year 2025 vs. $18.3 million in 2024

2025 diluted EPS $3.43 Full year 2025 vs. $2.61 in 2024

Q4 2025 net interest margin 4.03% FTE basis vs. 3.97% prior quarter

2025 efficiency ratio 63.41% Full year 2025 vs. 67.92% in 2024

Loans held for investment $1.49 billion As of December 31, 2025

Quarterly dividend $0.21 per share Approved January 28, 2026, up from $0.20

Market Reality Check

Price: $34.00 Vol: Volume 5,046 is below the...

low vol

$34.00 Last Close

Volume Volume 5,046 is below the 7,419 share 20-day average (relative volume 0.68) ahead of this earnings release. low

Technical Shares at $32.56 are trading above the 200-day MA of $30.73 and about 10.77% below the 52-week high of $36.49.

Peers on Argus

HWBK was up 1.02% while several regional bank peers like LCNB (-1.78%) and WNEB ...

HWBK was up 1.02% while several regional bank peers like LCNB (-1.78%) and WNEB (-1.42%) traded lower; only PVBC gained (+2.66%), suggesting this move was more company-specific than sector-driven.

Previous Earnings Reports

5 past events · Latest: Oct 29 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Oct 29	Q3 2025 earnings	Positive	+0.9%	Strong Q3 profit growth, NIM expansion, and higher loans and deposits.
Jul 30	Q2 2025 earnings	Positive	+0.0%	Higher net income, wider net interest margin, and better efficiency ratio.
Apr 30	Q1 2025 earnings	Positive	+0.8%	Earnings growth with improving margin, efficiency, and credit quality metrics.
Jan 22	FY & Q4 2024 earnings	Positive	+1.0%	Q4 2024 profit growth, higher NIM, and stronger capital and credit quality.
Oct 30	Q3 2024 earnings	Positive	+3.1%	Sharp year-over-year EPS increase with improved margin and book value.

Pattern Detected

Earnings releases have typically led to modest positive next-day moves, with fundamentals steadily improving across 2024–2025.

Recent Company History

Over the past five earnings cycles, Hawthorn Bancshares has shown consistent fundamental improvement. Q3 2025 delivered net income of $6.1M and EPS of $0.88 with a net interest margin of 3.97%. Earlier 2025 quarters also featured higher margins, better efficiency ratios, and strong capital. The 2024 full-year report marked a turn to higher profitability and improving credit quality. Today’s 2025 full-year and Q4 results extend this trend with higher EPS, stronger returns on assets and equity, and solid capital ratios.

Historical Comparison

earnings

+1.2 %

Average Historical Move

Historical Analysis

Past earnings releases moved HWBK by an average of 1.17%, typically modest gains on steady fundamental improvement.

Typical Pattern

Earnings reports from Q3 2024 through Q3 2025 showed rising net income, expanding net interest margins, and improving efficiency. The 2024 full-year release established a higher profitability base, while Q1–Q3 2025 highlighted sustained ROA and ROE strength and solid credit quality. The new Q4 2025 and full-year 2025 results continue this progression with higher EPS, stronger capital ratios, and growing book value per share.

Regulatory & Risk Context

Active S-3 Shelf · $150 million

Shelf Active

Active S-3 Shelf Registration 2025-06-26

$150 million registered capacity

An effective S-3 shelf filed on Jun 26, 2025 allows Hawthorn to issue up to $150 million in various securities over time, providing capital-raising flexibility but also the potential for dilution if equity securities are offered.

Market Pulse Summary

This announcement details Q4 2025 and full-year 2025 earnings, highlighting higher net income, EPS o...

Analysis

This announcement details Q4 2025 and full-year 2025 earnings, highlighting higher net income, EPS of $3.43, improved net interest margin of 3.89%, and a better efficiency ratio of 63.41%. Credit metrics remain manageable and capital ratios, including total risk-based capital of 15.49%, stay strong. An effective $150 million shelf registration provides funding flexibility but also potential dilution if tapped. Investors may track future margins, credit quality, dividend growth, and any use of the shelf.

Key Terms

net interest margin, efficiency ratio, non-performing assets, provision for credit losses, +4 more

8 terms

net interest margin financial

"Net interest margin, fully taxable equivalent ("FTE"), improved in the fourth quarter..."

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

efficiency ratio financial

"Efficiency ratio of 63.41%, an improvement of 451 basis points from 67.92%..."

A measure of how much a company spends to produce each dollar of revenue, usually shown as operating expenses divided by revenue and expressed as a percentage. Think of it as a household’s budget: a lower percentage means more of each dollar earned stays as profit, while a higher number means costs are eating into returns. Investors use it to judge cost control and compare how efficiently companies turn revenue into earnings, especially in banks and financial firms.

non-performing assets financial

"Non-performing assets totaled $7.0 million at December 31, 2025..."

Loans or other credit exposures that are not producing expected income because borrowers have stopped making scheduled payments for a significant period (commonly around 90 days). Think of it like a business lending money that has gone quiet — the cash flow stops while the lender still carries the debt on its books. High levels of non-performing assets matter to investors because they reduce a lender’s earnings, tie up capital that could be used for growth, and signal higher risk of future losses.

provision for credit losses financial

"The Company recognized provision for credit losses on loans and unfunded commitments of $0.4 million..."

Provision for credit losses is an amount set aside by a financial institution to cover potential future losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution manage risks and stay financially healthy. For investors, it signals how cautious a lender is about potential loan defaults and can impact the company's profitability and financial stability.

allowance for credit losses financial

"The allowance for credit losses at December 31, 2025 was $21.1 million..."

Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.

total risk-based capital financial

"total risk-based capital of 15.49% at the end of the year..."

The total amount of capital a regulated financial firm must hold as a cushion against losses, measured relative to how risky its loans and investments are. Think of it as a household emergency fund sized to match how many and how risky the bills and debts are; the bigger and riskier the obligations, the more capital is required. Investors watch this metric because it signals a firm's ability to absorb losses, meet regulatory requirements, pay dividends, and support growth without needing outside help.

tier 1 capital financial

"tier 1 capital to risk-weighted assets 14.24%..."

Tier 1 capital is a bank’s core financial cushion—mainly common stock, retained earnings and certain reserves—that can absorb losses while the bank keeps operating. Investors care because it signals a lender’s ability to survive stress, meet regulatory requirements and continue lending or paying dividends; think of it as the engine’s safety margin that keeps a car running through bumps in the road.

tier 1 leverage financial

"tier 1 leverage 12.12%, and common equity to assets 9.19%."

Tier 1 leverage is a bank regulatory measure that compares a bank’s core capital—its highest-quality capital like common equity and retained earnings—to its total assets, showing how much of the balance sheet is funded by safe, loss-absorbing capital rather than borrowed money. Investors use it like a safety gauge—higher values mean the bank has a bigger cushion to absorb losses, lower values suggest greater risk to creditors, depositors and shareholders.

AI-generated analysis. Not financial advice.

JEFFERSON CITY, Mo., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK), (the "Company"), the holding company for Hawthorn Bank, reported fourth quarter 2025 net income of $6.2 million, or earnings per diluted share ("EPS") of $0.90, and net income of $23.8 million, or EPS of $3.43, for the year ended December 31, 2025.

Fourth Quarter 2025 Results

• Net income of $6.2 million, or $0.90 per diluted share, which improved from $6.1 million, or $0.88 per diluted share, for the third quarter 2025 (the "prior quarter").
• Net interest margin, fully taxable equivalent ("FTE"), improved in the fourth quarter of 2025 to 4.03% compared to 3.97% for the prior quarter.
• Return on average assets and equity of 1.33% and 14.47%, respectively, compared to 1.33% and 15.21%, respectively, for the prior quarter and 1.00% and 12.49%, respectively, for the fourth quarter 2024 (the "prior year quarter").
• Loans decreased $27.2 million, or 1.8%, to $1.49 billion from $1.51 billion at September 30, 2025.
• Deposits increased $28.2 million, or 1.9%, to $1.55 billion from $1.53 billion at September 30, 2025.

2025 Results

• Net income of $23.8 million, or $3.43 per diluted share, which improved $5.5 million, or 30.4%, from $18.3 million, or $2.61 per diluted share, for 2024 (the "prior year"), an increase of $0.82 per diluted share, or 31.4%.
• Net interest margin, FTE, of 3.89% compared to 3.41% for the prior year.
• Return on average assets and equity of 1.30% and 14.95%, respectively, compared to 1.00% and 13.04%, respectively, for the prior year.
• Efficiency ratio of 63.41%, an improvement of 451 basis points from 67.92% for the prior year.
• Loans increased $20.6 million, or 1.4%, to $1.49 billion from $1.47 billion at the end of the prior year.
• Deposits increased $21.0 million, or 1.4%,  to $1.55 billion from $1.53 billion at the end of the prior year.
• Book value of $25.13 per share, an increase of $3.77, or 17.6% per share, from $21.36 per share for the prior year.
• Remained "well capitalized" with total risk-based capital of 15.49% at the end of the year compared to 14.79% at the end of the prior year.

Financial Results for the Quarter and the Year Ended December 31, 2025

Earnings

Net income increased $0.1 million, or 0.86%, to $6.2 million, or $0.90 per diluted share, for the fourth quarter 2025 compared to $6.1 million, or $0.88 per diluted share, for the prior quarter. Net income increased $1.6 million, or 34.5%, from $4.6 million, or $0.66 per diluted share, in the fourth quarter 2024 (the "prior year quarter").

Net income for 2025 was $23.8 million, or $3.43 per diluted share, compared to net income of $18.3 million, or $2.61 per diluted share, for the prior year, an increase of $0.82 per diluted share, or 31.4%.

Net interest income

Net interest income was $17.6 million for the fourth quarter of 2025, which increased $0.7 million, or 4.2%, from the prior quarter total of $16.9 million, and increased $2.2 million, or 14.6%, from the prior year quarter total of $15.3 million.

Interest income increased $0.3 million, or 1.1%, to $25.3 million for the current quarter from $25.0 million in the prior quarter, and increased $1.4 million, or 5.7%, in the current quarter from $23.9 million for the prior year quarter, driven primarily by an increase in average interest earning assets. Interest expense was $7.7 million for the current quarter, which decreased $0.4 million, or 5.3%, from $8.1 million for the prior quarter, and decreased $0.9 million, or 10.2%, from $8.6 million in the prior year quarter. Net interest margin, on an FTE basis, was 4.03% for the fourth quarter, compared to 3.97% for the prior quarter, and 3.55% for the prior year quarter.

The yield earned on average loans held for investment was 6.13%, on an FTE basis, for the fourth quarter 2025, compared to 6.12% for the prior quarter and 5.86% for the prior year quarter.

The average cost of deposits was 2.23% for the fourth quarter 2025, compared to 2.36% for the prior quarter and 2.49% for the prior year quarter. Non-interest bearing demand deposits as a percent of total deposits was 27.3% as of December 31, 2025, compared to 27.8% and 25.1% at September 30, 2025 and December 31, 2024, respectively.

Net interest income for 2025 was $65.9 million and net interest margin was 3.89%, on an FTE basis, compared to net interest income of $58.6 million and net interest margin of 3.41%, on an FTE basis, for the prior year.

Interest income increased $2.3 million, or 2.4%, to $97.7 million for the current year compared to $95.4 million for the prior year. Interest expense decreased $5.0 million, or 13.5%, to $31.8 million for the current year compared to $36.8 million for the prior year.

The yield earned on average loans increased to 6.03%, on an FTE basis, for the current year compared to 5.80%, on an FTE basis, for the prior year. The yield on investment securities was 3.81% for the current year compared to 3.36% for the prior year.

The average cost of deposits was 2.35% for the current year compared to 2.63% for the prior year.

Non-interest Income

Total non-interest income for the fourth quarter of 2025 was $3.6 million, a decrease of $0.1 million, or 3.5%, from $3.7 million for the prior quarter, and an increase of $0.1 million, or 1.8%, from $3.5 million for the prior year quarter.

Total non-interest income was $14.3 million for both the current year and the prior year.

Non-interest Expense

Non-interest expense for the fourth quarter of 2025 was $13.3 million, an increase of $0.4 million, or 3.4%, from $12.8 million for the prior quarter, which was primarily due to an increase in other non-interest expense. Other non-interest expense was $1.9 million for the fourth quarter of 2025, an increase of $0.4 million, or 25%, from $1.5 million for the prior quarter.

Non-interest expense increased $0.3 million, or 2.6%, from $12.9 million for the prior year quarter, which was driven primarily by an increase of $0.4 million, or 6.6%, in salaries and benefits to $7.0 million for the fourth quarter of 2025 compared to $6.6 million for the prior year quarter.

Non-interest expense for 2025 was $50.8 million, an increase of $1.3 million, or 2.7%, from $49.5 million in the prior year. Salaries and employee benefits increased $1.3 million, or 4.8%, to $27.8 million for the current year compared to the prior year.

Efficiency Ratio

The fourth quarter efficiency ratio was 62.64% compared to 62.30% and 68.48% for the prior quarter and prior year quarter, respectively.

The efficiency ratio for the year was 63.41% compared to 67.92% for the prior year, an improvement of 451 basis points.

Loans

Loans held for investment decreased by $27.2 million, or 1.80%, to $1.49 billion as of December 31, 2025 compared to $1.51 billion as of September 30, 2025 and increased by $20.6 million, or 1.4%, from $1.47 billion as of December 31, 2024.

Investments

Investment securities decreased by $10.1 million, or 4.5%, to $215.9 million as of December 31, 2025 compared to $226.0 million as of September 30, 2025 and decreased by $7.9 million, or 3.5%, from $223.8 million as of December 31, 2024.

Asset Quality

Non-performing assets totaled $7.0 million at December 31, 2025, compared to $7.3 million and $4.2 million at September 30, 2025 and December 31, 2024, respectively. Non-performing assets to total loans was 0.47% at December 31, 2025, compared to 0.48% and 0.29% at September 30, 2025 and December 31, 2024, respectively.

In the fourth quarter of 2025, the Company had net loan charge-offs of $1.1 million, or 0.30% of average loans, compared to net loan charge-offs of $41,000, or 0.01% of average loans, and $43,000, or 0% of average loans, in the prior quarter and the prior year quarter, respectively. The increase was primarily due to a charge-off of one commercial relationship that had been reserved for in a prior period. The Company recognized provision for credit losses on loans and unfunded commitments of  $0.4 million for both the fourth quarter of 2025 and prior quarter and $0.3 million for the prior year quarter.

For 2025, the Company had net loan charge-offs of $1.2 million, or 0.08% of average loans, compared to $2.7 million, or 0.18% of average loans, for 2024. For 2025, the Company recognized a provision for credit losses on loans and unfunded commitments of $0.4 million compared to $1.0 million for 2024.

The allowance for credit losses at December 31, 2025 was $21.1 million, or 1.42% of outstanding loans, and 307.52% of non-performing loans. At September 30, 2025, the allowance for credit losses was $21.9 million, or 1.45% of outstanding loans, and 446.02% of non-performing loans. At December 31, 2024, the allowance for credit losses was $22.0 million, or 1.50% of outstanding loans, and 802.48% of non-performing loans. The allowance for credit losses represents management’s best estimate of expected losses inherent in the loan portfolio and is commensurate with risks in the loan portfolio as of December 31, 2025.

Deposits

Total deposits at December 31, 2025 were $1.55 billion, an increase of $28.2 million, or 1.9%, from $1.53 billion as of September 30, 2025, and an increase of $21.0 million, or 1.4%, from $1.53 billion as of December 31, 2024.

Capital

The Company maintains its “well capitalized” regulatory capital position. At December 31, 2025, capital ratios were as follows: total risk-based capital to risk-weighted assets 15.49%, tier 1 capital to risk-weighted assets 14.24%, tier 1 leverage 12.12%, and common equity to assets 9.19%.

Pursuant to the Company's Repurchase Plan, management is given discretion to determine the number and pricing of the shares to be purchased under the plan, as well as the timing of any such purchases. The Company repurchased 100,358 common shares under the Repurchase Plan during 2025. As of December 31, 2025, $8.4 million remained available for share repurchases pursuant to the Repurchase Plan.

On January 28, 2026, the Company's Board of Directors approved a quarterly cash dividend of $0.21 per common share, an increase of $0.01 per common share, or 5%, from the previous quarterly dividend. The dividend is payable on April 1, 2026 to shareholders of record at the close of business on March 15, 2026.

[Tables follow]

FINANCIAL SUMMARY (unaudited) $000, except per share data
	As of
	December 31,				September 30,				December 31,
Balance sheet information:		2025				2025				2024
Total assets	$	1,894,850			$	1,932,105			$	1,825,185
Loans held for investment		1,486,792				1,514,002				1,466,160
Allowance for credit losses		(21,111	)			(21,904	)			(22,044	)
Investment securities		215,915				226,017				223,801
Deposits		1,554,149				1,525,917				1,533,182
Total stockholders’ equity		174,229				164,938				149,547
Market and per share data:
Book value per share	$	25.13			$	23.76			$	21.36
Market price per share		34.88				31.04				28.35
Diluted earnings per share, year to date		3.43				2.53				2.61
Diluted earnings per share, quarter to date		0.90				0.88				0.66

	For the three months ended
	December 31,			September 30,			December 31,
Statement of income information:		2025			2025			2024
Total interest income	$	25,286		$	25,003		$	23,924
Total interest expense		7,707			8,138			8,578
Net interest income		17,579			16,865			15,346
Provision for credit losses		376			375			300
Non-interest income		3,585			3,716			3,522
Investment securities gains, net		15			105			3
Non-interest expense		13,258			12,821			12,921
Pre-tax income		7,545			7,490			5,650
Income taxes		1,360			1,358			1,053
Net income	$	6,185		$	6,132		$	4,597
Earnings per share:
Basic:	$	0.90		$	0.89		$	0.66
Diluted:	$	0.90		$	0.88		$	0.66

FINANCIAL SUMMARY (continued) (unaudited) $000, except per share data
	For the year ended
	December 31,
Statement of income information:		2025			2024
Total interest income	$	97,658		$	95,351
Total interest expense		31,778			36,758
Net interest income		65,880			58,593
Provision for credit losses		360			1,027
Non-interest income		14,309			14,320
Investment securities gains (losses), net		117			(4	)
Non-interest expense		50,847			49,524
Pre-tax income		29,099			22,358
Income taxes		5,298			4,102
Net income	$	23,801		$	18,256
Earnings per share:
Basic:	$	3.44		$	2.61
Diluted:	$	3.43		$	2.61

	As of or for the three months ended												As of or for the year ended
	December 31,				September 30,				December 31,				December 31,
		2025				2025				2024				2025				2024
Performance Ratios
Return on average assets		1.33	%			1.33	%			1.00	%			1.30	%			1.00	%
Return on average common equity		14.47				15.21				12.49				14.95				13.04
Net interest margin (FTE)		4.03				3.97				3.55				3.89				3.41
Efficiency ratio		62.64				62.30				68.48				63.41				67.92
Asset Quality and Ratios
Non-performing loans(1)	$	6,865			$	4,911			$	2,747
Non-performing assets	$	6,963			$	7,336			$	4,193
Net charge-offs	$	1,122			$	41			$	43			$	1,196			$	2,725
Net charge-offs to average loans		0.30	%			0.01	%			—	%			0.08	%			0.18	%
Allowance for credit losses to total loans		1.42				1.45				1.50
Non-performing loans to total loans		0.46				0.32				0.19
Non-performing assets to loans		0.47				0.48				0.29
Non-performing assets to total assets		0.37				0.38				0.23
Allowance for credit losses on loans to non-performing loans		307.52				446.02				802.48
Capital Ratios
Average stockholders' equity to total assets		9.16	%			8.74	%			8.03	%			8.72	%			7.66	%
Period-end stockholders' equity to period-end assets		9.19				8.54				8.19
Total risk-based capital ratio		15.49				14.90				14.79
Tier 1 risk-based capital ratio		14.24				13.65				13.54
Common equity Tier 1 capital		11.23				10.71				10.49
Tier 1 leverage ratio		12.12				11.97				11.46

(1)      Non-performing loans include loans 90 days past due and accruing and non-accrual loans.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc., a bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank, which has served families and businesses for more than 160 years. Hawthorn Bank has multiple locations, including in the greater Kansas City metropolitan area, Jefferson City, Columbia, Springfield, and Clinton.

Contact:

Hawthorn Bancshares, Inc.
Brent M. Giles
Chief Executive Officer
TEL: 573.761.6100
www.HawthornBancshares.com

The financial results in this press release reflect preliminary, unaudited results, which are not final until the Company's Annual Report on Form 10-K is filed. Statements made in this press release that suggest Hawthorn Bancshares' or management's intentions, hopes, beliefs, expectations, or predictions of the future include "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. It is important to note that actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in such forward-looking statements is contained from time to time in the Company's quarterly and annual reports filed with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this communication, and the Company disclaims any obligation to update any forward-looking statement or to publicly announce the results of any revisions to any of the forward-looking statements included herein, except as required by law.

FAQ

What were Hawthorn Bancshares (HWBK) full-year 2025 earnings and EPS?

Hawthorn reported $23.8 million net income, or $3.43 diluted EPS for 2025. According to Hawthorn Bancshares, this represents a 30.4% increase in net income versus 2024 and a $0.82 per share EPS improvement year-over-year.

How did Hawthorn Bancshares (HWBK) net interest margin change in 2025?

Net interest margin (FTE) increased to 3.89% for 2025. According to Hawthorn Bancshares, higher yields on loans and lower interest expense drove the year-over-year margin improvement from 3.41% in 2024.

What is Hawthorn Bancshares' (HWBK) dividend and payment date announced January 28, 2026?

The board approved a quarterly cash dividend of $0.21 per share, payable April 1, 2026. According to Hawthorn Bancshares, the dividend reflects a $0.01 increase and is payable to shareholders of record March 15, 2026.

How did Hawthorn Bancshares (HWBK) capitalize and what were key capital ratios at year-end 2025?

Hawthorn remained well capitalized with total risk-based capital of 15.49% at December 31, 2025. According to Hawthorn Bancshares, tier 1 capital was 14.24% and tier 1 leverage was 12.12% at year end.

What drove the Q4 2025 increase in net loan charge-offs for Hawthorn Bancshares (HWBK)?

Q4 2025 net loan charge-offs were $1.1 million, reflecting a single commercial relationship charge-off. According to Hawthorn Bancshares, that commercial charge-off had been reserved for in a prior period and drove the quarterly increase.