SEC Tracker
Get the app

Richmond Mutual Bancorporation RMBI

Richmond Mutual Bancorporation reports third quarter 2026 earnings.

Item 2.02 Reports results

Form
8-K
Filed
Importance
Major
  1. Net income of $1.7 million, or $0.11 diluted earnings per share, for the quarter.
  2. This compares to $2.2 million in the second quarter of 2026 and $3.6 million in the third quarter of 2025.
  3. The provision for credit losses was $6.1 million in the third quarter of 2026, up from $823,000 in the second quarter and $269,000 in the third quarter of 2025.
  4. The increase was due to $6.1 million in net charge-offs during the quarter.

Written from the 8-K on EDGAR. Check the filing before you rely on it.

Open in the appGet the appView on EDGAR

Get an email when Richmond Mutual Bancorporation files

Only major filings: results, leadership changes, listing notices and other major events, each with the plain-English summary when we have one or the key facts and the EDGAR link. Routine insider filings never email. Confirm once; unsubscribe in one click.

The reading, claim by claim

  1. The filing includes a press release announcing net income of $1.7 million, or $0.11 diluted earnings per share, for the quarter.
  2. This compares to $2.2 million in the second quarter of 2026 and $3.6 million in the third quarter of 2025.
  3. The decrease in net income was attributed to higher provision for credit losses and noninterest expense.
  4. The provision for credit losses was $6.1 million in the third quarter of 2026, up from $823,000 in the second quarter and $269,000 in the third quarter of 2025.
  5. The increase was due to $6.1 million in net charge-offs during the quarter.

5 of 5 claims matched the filing text.

From the filing

ITEM 2.02 Results of Operations and Financial Condition

ITEM 2.02 Results of Operations and Financial Condition

On October 30, 2026, the Registrant announced third quarter 2026 earnings. A copy of the earning release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

ITEM 9.01 Financial Statements and Exhibits

ITEM 9.01 Financial Statements and Exhibits

(d) Exhibit

99.1

Press release dated October 30, 2026, announcing third quarter 2026 earnings.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.

RICHMOND MUTUAL BANCORPORATION, INC.

Date: October 30, 2026 By: /s/Bradley M. Glover

Bradley M. Glover

Executive Vice President and CFO

RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2026 THIRD QUARTER FINANCIAL RESULTS1

RICHMOND, INDIANA (October 30, 2026) – Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Midwest, today reported net income of $1.7 million, or diluted earnings per share of $0.11, for the third quarter of 2026.1 This compares to net income of $2.2 million, or $0.22 diluted earnings per share, for the second quarter of 2026, and net income of $3.6 million, or diluted earnings per share of $0.36, for the third quarter of 2025.2

The decrease in net income from the second quarter of 2026 and the third quarter of 2025 was primarily due to higher provision for credit losses, as well as noninterest expense.3 The provision for credit losses totaled $6.1 million during the third quarter of 2026, compared to $823,000 in the prior quarter and $269,000 in the third quarter of 2025.4 The increase in provision was primarily due to the need to replenish and increase the allowance for credit losses following $6.1 million of net charge-offs during the quarter5, including a partial charge-off of $4.5 million on a nonaccruing commercial real estate loan, which was transferred to other real estate owned during the current quarter, and an $803,000 charge-off on a commercial and industrial loan, as well as an increase in non-performing loa

Similar companies

Companies of similar size in SIC 6022 and related industry codes: the same peer list as the financial tables.

  1. CF Bankshares CFBK public float $136M, Jun 30, 2025
  2. Ohio Valley Banc OVBC public float $136M, Jun 30, 2025
  3. Franklin Financial Services FRAF public float $140M, Jun 30, 2025
  4. Peoples Bancorp of North Carolina PEBK public float $134M, Jun 30, 2025
  5. Hanover Bancorp HNVR public float $131M, Jun 30, 2025