Richmond Mutual Bancorporation, Inc. filings document material events for the Maryland bank holding company and its First Bank Richmond subsidiary. Recent Form 8-K disclosures include earnings releases under results of operations, cash dividend declarations on common stock, Regulation FD investor presentation materials, and related exhibit filings.
The filing record also covers capital-structure and governance disclosures relevant to a public bank holding company, including common-stock dividend actions, shareholder voting matters, material agreements, financial condition updates, and regulatory capital information for the banking subsidiary.
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.
Richmond Mutual Bancorporation, Inc. announced that its Board of Directors has declared a cash dividend of $0.15 per share on its common stock. The dividend will be paid on March 11, 2026 to stockholders of record at the close of business on February 25, 2026. The company is the holding company for First Bank Richmond, a community-focused financial institution serving markets in Indiana and Ohio.
Richmond Mutual Bancorporation executive William A. Daily Jr., Market President (West Ohio), reported buying 284.5743 shares of common stock at $14.06 per share in a direct purchase on January 28, 2026. He also directly holds options to buy 25,000 shares at $13.37 per share, expiring July 15, 2035, which vest in five equal annual installments beginning June 30, 2026.
Richmond Mutual Bancorporation, Inc. filed a current report to note that it announced its fourth quarter 2025 earnings. The company stated that a detailed earnings press release, dated January 22, 2026, has been furnished as an exhibit and incorporated by reference. This filing serves mainly as a formal notice to investors that updated financial results for the period are available through the attached press release.