Earnings ·
Reports $0.11 diluted EPS for Q3 2026 as merger with Farmers Bancorp drives asset growth to $2.6B
RMBIRichmond Mutual Bancorporation, Inc.
Richmond Mutual Bancorporation, Inc. reported third-quarter 2026 net income of $1.7 million, or $0.11 diluted earnings per share, a decline from $3.6 million, or $0.36 EPS, in the prior-year quarter. The results reflect the full impact of the July 1 merger with Farmers Bancorp, which expanded total assets to $2.6 billion and net interest income by 89% to $22.8 million. Earnings were pressured by a $6.1 million provision for credit losses driven by charge-offs and higher noninterest expense that included $3.0 million in merger-related costs. The company operates as a community bank holding company offering financial services through branches in Indiana and Ohio.