Every 10-Q that Richmond Mutual Bancorporation, Inc. (RMBI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RMBI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RMBI filings page.
Richmond Mutual Bancorporation, Inc. reported stronger results for the six months ended June 30, 2026. Net income was $5.0 million, up from $4.6 million a year earlier, and basic EPS rose to $0.52 from $0.47. Net interest income for the period increased to $23.5 million from $21.0 million as interest expense declined despite a higher-rate environment. Total assets reached $1.55 billion, with loans and leases, net, at $1.21 billion and deposits at $1.15 billion.
Asset quality remained controlled: nonaccrual loans and leases were $20.0 million, and the allowance for credit losses on loans and leases was $17.0 million, modestly higher than year-end 2025. The bank’s total risk-based capital ratio was 14.24%, above the 10.0% well-capitalized threshold. Richmond Mutual completed its all-stock acquisition of The Farmers Bancorp on July 1, 2026, issuing 6,254,358 shares for consideration of about $99.3 million; Farmers’ results will be consolidated starting in the third quarter. The company incurred $1.9 million of merger-related expenses in the quarter, temporarily pressuring earnings.
Richmond Mutual Bancorporation, Inc. reported stronger quarterly results while preparing for a major merger. For the three months ended March 31, 2026, net income rose to $2.8 million from $2.0 million a year earlier, with diluted earnings per share increasing to $0.28 from $0.20. Net interest income improved to $11.4 million as deposit and borrowing costs declined.
Total assets were $1.52 billion, loans and leases net of allowance were $1.17 billion, and deposits totaled $1.11 billion at March 31, 2026. Credit quality remained manageable, with nonperforming loans and leases at 1.48% of total and the allowance for credit losses at 1.41% of loans and leases. The company also advanced its pending stock-for-stock merger with The Farmers Bancorp, an approximately $82 million transaction expected to close around the end of the second quarter of 2026, subject to shareholder approvals.
Richmond Mutual Bancorporation (RMBI) reported higher earnings for the quarter ended September 30, 2025. Net income was $3,597,006 versus $2,471,878 a year ago, and diluted EPS was $0.36 versus $0.24. For the first nine months, net income was $8,167,314 versus $6,901,373. Net interest income rose to $11,294,961 from $9,432,799 as interest expense eased slightly and loan yields improved.
Total assets were $1,525,565,364 as of September 30, 2025, up from $1,504,874,860 at December 31, 2024. Loans and leases, net, were $1,178,231,605 versus $1,158,879,008, while deposits reached $1,118,258,347 versus $1,093,939,857. Accumulated other comprehensive loss narrowed to $38,106,794 from $45,806,197, reflecting securities valuation improvement.
Credit metrics were mixed: the allowance for credit losses was $16,364,629; nonaccrual loans and leases were $6,381,000 versus $5,063,000 at year‑end. The company paid a $0.15 per‑share dividend in the quarter and repurchased $5,633,659 of common stock year‑to‑date. Shares outstanding were 10,426,263 at September 30, 2025.
Richmond Mutual Bancorporation (RMBI) reported modest operating growth for the quarter and first half of 2025. Net income for Q2 2025 was $2.60 million, up from $2.06 million a year earlier, and year-to-date net income was $4.57 million versus $4.43 million in 2024. Earnings per share rose to $0.27 basic for the quarter and $0.47 basic year-to-date as the company repurchased common stock during the period.
Total assets were approximately $1.508 billion and total deposits were about $1.096 billion. Loans and leases, net of allowance, were $1.1679 billion with an allowance for credit losses of $16.219 million. The company recorded a higher provision for credit losses in Q2 2025 of $744,690 (six-month provision $1.4758 million), and net charge-offs contributed to a modest increase in the allowance. Investment securities showed aggregate unrealized losses of about $55.148 million, but the quarter included an unrealized gain on AFS securities of $959,255 that supported comprehensive income of $3.685 million for the quarter.