Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. The company accepts various deposits, including savings deposit accounts, money market accounts NOW and demand accounts, and certificates of deposit. It also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans. In addition, the company engages in the lease financing business; and provision of fee-based financial services comprising trust and estate administration, investment management, retirement plan administration, and private banking services. It operates through seven full service and one limited service offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; five full-service offices in Piqua, Sidney, and Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is based in Richmond, Indiana.
IPO Year: 2019
Exchange: NASDAQ
Website: firstbankrichmond.com
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8-K - Richmond Mutual Bancorporation, Inc. (0001767837) (Filer)
8-K - Richmond Mutual Bancorporation, Inc. (0001767837) (Filer)
SCHEDULE 13G/A - Richmond Mutual Bancorporation, Inc. (0001767837) (Subject)
10-Q - Richmond Mutual Bancorporation, Inc. (0001767837) (Filer)
8-K - Richmond Mutual Bancorporation, Inc. (0001767837) (Filer)
DEF 14A - Richmond Mutual Bancorporation, Inc. (0001767837) (Filer)
10-K - Richmond Mutual Bancorporation, Inc. (0001767837) (Filer)
8-K - Richmond Mutual Bancorporation, Inc. (0001767837) (Filer)
8-K - Richmond Mutual Bancorporation, Inc. (0001767837) (Filer)
8-K - Richmond Mutual Bancorporation, Inc. (0001767837) (Filer)
RICHMOND, Ind., May 21, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.15 per share. The cash dividend will be payable on June 18, 2025 to stockholders of record as of the close of business on June 5, 2025. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville,
RICHMOND, Ind., April 24, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ:RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $2.0 million, or $0.20 diluted earnings per share, for the first quarter of 2025, compared to net income of $2.5 million, or $0.24 diluted earnings per share, for the fourth quarter of 2024, and net income of $2.4 million, or $0.23 diluted earnings per share, for the first quarter of 2024. The provision for credit losses totaled $731,000 for the first quarter of 2025, compared to a provision for credit losses of $196,000 and $183,000 for the fourth and first quarters of 2024
RICHMOND, Ind., Feb. 14, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) (the "Company") announced today that the Company's annual meeting of stockholders will be held on Wednesday, May 21, 2025. The record date for stockholders entitled to vote at the annual meeting will be March 24, 2025. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville, Cambridge City and Shelbyville, Indiana, i
RICHMOND, Ind., Feb. 14, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.15 per share, marking an increase of $0.01 per share, or 7%, from the previous quarter. The cash dividend will be payable on March 12, 2025, to stockholders of record as of the close of business on February 26, 2025. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services w
RICHMOND, Ind., Jan. 23, 2025 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ:RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $2.5 million, or $0.24 diluted earnings per share, for the fourth quarter of 2024, compared to net income of $2.5 million, or $0.24 diluted earnings per share, for the third quarter of 2024, and net income of $1.9 million, or $0.19 diluted earnings per share, for the fourth quarter of 2023. President's Comments Garry Kleer, Chairman, President and Chief Executive Officer, commented, "Our earnings for the fourth quarter of 2024 benefited from our year-over-year loan growth as
RICHMOND, Ind., Nov. 20, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.14 per share. The cash dividend will be payable on December 19, 2024 to stockholders of record as of the close of business on December 5, 2024. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Cent
RICHMOND, Ind., Oct. 24, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ:RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $2.5 million, or $0.24 diluted earnings per share, for the third quarter of 2024, compared to net income of $2.1 million, or $0.20 diluted earnings per share, for the second quarter of 2024, and net income of $1.9 million, or $0.19 diluted earnings per share, for the third quarter of 2023. Diluted earnings per share increased 20.0% and increased 26.3% for the third quarter of 2024 as compared to the second quarter of 2024 and the third quarter of 2023, respectively. Presiden
RICHMOND, Ind., Aug. 20, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.14 per share. The cash dividend will be payable on September 18, 2024 to stockholders of record as of the close of business on September 4, 2024. About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Ce
RICHMOND, Ind., July 25, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ:RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income of $2.1 million, or $0.20 diluted earnings per share, for the second quarter of 2024, compared to net income of $2.4 million, or $0.23 diluted earnings per share, for the first quarter of 2024, and net income of $2.7 million, or $0.26 diluted earnings per share, for the second quarter of 2023. President's Comments Garry Kleer, Chairman, President and Chief Executive Officer, commented, "Our average deposit balances increased during the quarter and with the continued pressure on
RICHMOND, Ind., May 16, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI) (the "Company"), the parent company of First Bank Richmond, today announced that its Board of Directors (the "Board") extended the Company's current stock repurchase program, scheduled to expire on June 6, 2024, for an additional year, now set to expire on June 6, 2025. As of May 15, 2024, 723,195 shares remained available for future purchase under the existing stock repurchase program. Since the stock repurchase program's inception through May 15, 2024, the Company has repurchased 782,840 shares at an aggregate cost of $8.8 million. Garry Kleer, the Company's Chairman, President and Chief Execut
4 - Richmond Mutual Bancorporation, Inc. (0001767837) (Issuer)
4 - Richmond Mutual Bancorporation, Inc. (0001767837) (Issuer)