Hoyne Bancorp names Plante Moran as new auditor
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Rhea-AI Filing Summary
Hoyne Bancorp, Inc. reported that its Audit Committee dismissed Wipfli LLP as independent registered public accounting firm and approved the engagement of Plante & Moran, PLLC as the new auditor for the fiscal year ending December 31, 2026, effective immediately and subject to customary acceptance procedures and an engagement letter. Wipfli’s reports on Hoyne Bancorp’s and its former mutual holding company’s consolidated financial statements for the years ended December 31, 2025 and 2024 contained no adverse opinions, disclaimers, or qualifications. The company notes there were no disagreements with Wipfli on accounting, disclosure, or audit scope matters and no reportable events, other than a previously disclosed material weakness in internal control over financial reporting that management determined was remediated as of March 26, 2026.
Insights
Hoyne Bancorp changes auditors after remediating a past control weakness.
Hoyne Bancorp is transitioning its independent auditor from Wipfli LLP to Plante & Moran, PLLC for the year ending December 31, 2026. The filing states Wipfli’s prior opinions for 2025 and 2024 contained no adverse or qualified opinions.
The company reports no disagreements or reportable events with Wipfli under Item 304 definitions, except a previously disclosed material weakness in internal control over financial reporting. Management determined that weakness was remediated as of March 26, 2026, which reduces near‑term control risk based on the disclosure.
Plante Moran’s engagement is subject to customary client‑acceptance procedures and an engagement letter. Future annual and quarterly reports covering periods after December 31, 2025 will show how the new auditor relationship and the remediated control environment are reflected in ongoing audit opinions and internal control disclosures.
8-K Event Classification
Key Figures
Key Terms
independent registered public accounting firm regulatory
material weakness financial
internal control over financial reporting financial
reportable events regulatory
emerging growth company regulatory
client acceptance procedures financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What auditor change did Hoyne Bancorp (HYNE) disclose in this 8-K?
Did Wipfli issue any adverse opinions on Hoyne Bancorp (HYNE) financials?
Were there disagreements between Hoyne Bancorp (HYNE) and Wipfli?
What internal control issue did Hoyne Bancorp (HYNE) reference?
Did Hoyne Bancorp (HYNE) consult Plante Moran before this engagement?
What exhibit accompanied Hoyne Bancorp’s (HYNE) auditor change disclosure?
AI-generated analysis. How Rhea-AI works. Not financial advice.