Richmond Mutual Bancorporation Inc (OQ:RMBI)

Feb 21, 2024 03:30 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind., Feb. 21, 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 March 14, 2024 to stockholders of record as of the close of business on March 4, 2024.
Feb 05, 2024 11:00 am ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES ANNUAL SHAREHOLDERS' MEETING DATE
RICHMOND, Ind., Feb. 5, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company") announced today that the Company's annual meeting of shareholders will be held on Wednesday, May 15, 2024. The voting record date for shareholders entitled to vote at the annual meeting will be March 28, 2024.
Jan 25, 2024 05:58 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2023 FOURTH QUARTER FINANCIAL RESULTS
RICHMOND, Ind., Jan. 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 $1.9 million, or $0.19 diluted earnings per share, for the fourth quarter of 2023, compared to net income of $1.9 million, or $0.19 diluted earnings per share, for the third quarter of 2023, and net income of $3.3 million, or $0.31 diluted earnings per share, for the fourth quarter of 2022. Net income was $9.5 million, or $0.91 diluted earnings per share, for the year ended
Nov 17, 2023 01:00 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind., Nov. 17, 2023 /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 14, 2023 to stockholders of record as of the close of business on November 30, 2023.
Oct 19, 2023 06:27 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2023 THIRD QUARTER FINANCIAL RESULTS
RICHMOND, Ind., Oct. 19, 2023 /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 $1.9 million, or $0.19 diluted earnings per share, for the third quarter of 2023, compared to net income of $2.7 million, or $0.26 diluted earnings per share, for the second quarter of 2023, and net income of $3.2 million, or $0.29 diluted earnings per share, for the third quarter of 2022.
Jul 25, 2023 04:18 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2023 SECOND QUARTER FINANCIAL RESULTS
RICHMOND, Ind., July 25, 2023 /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 $2.7 million, or $0.26 diluted earnings per share, for the second quarter of 2023, compared to net income of $2.9 million, or $0.27 diluted earnings per share, for the first quarter of 2023, and net income of $3.5 million, or $0.31 diluted earnings per share, for the second quarter of 2022.
Jun 06, 2023 04:18 pm ET
Richmond Mutual Bancorporation, Inc. Announces Increase and Extension of Stock Repurchase Program
RICHMOND, Ind., June 6, 2023 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company"), the parent holding company of First Bank Richmond, today announced that its Board of Directors approved an amendment to the Company's existing stock repurchase program by authorizing the purchase of up to 321,386 shares of the Company's issued and outstanding common stock in addition to the remaining 827,554 shares available for repurchase under the existing program as of June 06, 2023, and extending the stock repurchase program's expiration date to June 06, 2024.  Since the stoc
May 17, 2023 04:08 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind., May 17, 2023 /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 June 15, 2023, to stockholders of record as of the close of business on June 1, 2023. 
Apr 27, 2023 04:53 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2023 FIRST QUARTER FINANCIAL RESULTS
RICHMOND, Ind., April 27, 2023 /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 $2.9 million, or $0.27 diluted earnings per share, for the first quarter of 2023, compared to net income of $3.3 million, or $0.31 diluted earnings per share, for the fourth quarter of 2022, and net income of $3.0 million, or $0.26 diluted earnings per share, for the first quarter of 2022. Diluted earnings per share decreased 12.9% and increased 3.8% for the first quarter o
Feb 06, 2023 03:07 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES ANNUAL SHAREHOLDERS' MEETING DATE
RICHMOND, Ind., Feb. 6, 2023 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company")  announced today that the Company's annual meeting of shareholders will be held on Wednesday, May 17, 2023. The voting record date for shareholders entitled to vote at the annual meeting will be March 31, 2023.
Jan 26, 2023 03:10 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2022 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS
RICHMOND, Ind., Jan. 26, 2023 /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 $3.3 million, or $0.31 diluted earnings per share, for the fourth quarter of 2022, compared to net income of $3.2 million, or $0.29 diluted earnings per share, for the third quarter of 2022, and net income of $2.7 million, or $0.24 diluted earnings per share, for the fourth quarter of 2021. Diluted earnings per share increased 6.9% and 29.2% for the fourth quarter of 2022 as
Nov 16, 2022 12:41 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind., Nov. 16, 2022 /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 $0.10 per share. The cash dividend will be payable on December 15, 2022 to stockholders of record as of the close of business on December 1, 2022.
Oct 20, 2022 07:51 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2022 THIRD QUARTER FINANCIAL RESULTS
RICHMOND, Ind., Oct. 20, 2022 /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 $3.2 million, or $0.29 diluted earnings per share, for the third quarter of 2022, compared to net income of $3.5 million, or $0.31 diluted earnings per share, for the second quarter of 2022, and net income of $3.1 million, or $0.27 diluted earnings per share, for the third quarter of 2021. Diluted earnings per share decreased 6.5% and increased 7.4% for the third quarter of
Aug 17, 2022 03:09 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind., Aug. 17, 2022 /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 $0.10 per share. The cash dividend will be payable on September 15, 2022 to stockholders of record as of the close of business on September 1, 2022.
Jul 21, 2022 07:00 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2022 SECOND QUARTER FINANCIAL RESULTS
RICHMOND, Ind., July 21, 2022 /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 $3.5 million, or $0.31 diluted earnings per share, for the second quarter of 2022, compared to net income of $3.0 million, or $0.26 diluted earnings per share, for the first quarter of 2022, and net income of $2.8 million, or $0.24 diluted earnings per share, for the second quarter of 2021. Diluted earnings per share increased 19.2% and 29.2% for the second quarter of 2022 a
Jul 21, 2022 06:38 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES FOURTH STOCK REPURCHASE PROGRAM
RICHMOND, Ind., July 21, 2022 /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") approved a fourth stock repurchase program under which the Company may repurchase up to 1,184,649 shares or approximately 10% of its outstanding shares through open market purchases, privately-negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These shares will be purchased from time to
May 18, 2022 04:27 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDEND
RICHMOND, Ind., May 18, 2022 /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 $0.10 per share.  The cash dividend will be payable on June 16, 2022 to stockholders of record as of the close of business on June 2, 2022. 
Apr 21, 2022 04:14 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2022 FIRST QUARTER FINANCIAL RESULTS
RICHMOND, Ind., April 21, 2022 /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 $3.0 million, or $0.26 diluted earnings per share, for the first quarter of 2022, compared to net income of $2.7 million, or $0.24 diluted earnings per share, for the fourth quarter of 2021, and net income of $2.6 million, or $0.22 diluted earnings per share, for the first quarter of 2021. Diluted earnings per share increased 8.3% and 18.2% for the first quarter of 2022 as
Feb 16, 2022 03:46 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. INCREASES QUARTERLY DIVIDEND 43% TO $0.10 PER SHARE
RICHMOND, Ind., Feb. 16, 2022 /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 $0.10 per share, which represents a 43% increase over the $0.07 per share quarterly dividend declared in November 2021.  The cash dividend will be payable on March 17, 2022 to stockholders of record as of the close of business on March 3, 2022.
Feb 07, 2022 03:28 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES ANNUAL SHAREHOLDERS' MEETING DATE
RICHMOND, Ind., Feb. 7, 2022 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company")  announced today that the Company's annual meeting of shareholders will be held on Wednesday, May 18, 2022. The voting record date for shareholders entitled to vote at the annual meeting will be March 25, 2022.
Jan 27, 2022 03:03 pm ET
RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2021 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS
RICHMOND, Ind., Jan. 27, 2022 /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 $2.7 million, or $0.24 diluted earnings per share, for the fourth quarter of 2021, compared to net income of $3.1 million, or $0.27 diluted earnings per share, for the third quarter of 2021, and net income of $2.5 million, or $0.21 diluted earnings per share, for the fourth quarter of 2020. Net income was $11.1 million, or $0.96 diluted earnings per share for the year ended
Nov 17, 2021 02:38 pm ET
Richmond Mutual Bancorporation, Inc. Announces Quarterly Dividend
RICHMOND, Ind., Nov. 17, 2021 /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 $0.07 per share.  The cash dividend will be payable on December 16, 2021 to stockholders of record as of the close of business on December 2, 2021. 
Oct 21, 2021 04:01 pm ET
Richmond Mutual Bancorporation, Inc. Announces Third Quarter 2021 Financial Results
RICHMOND, Ind., Oct. 21, 2021 /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 $3.1 million, or $0.27 diluted earnings per share, for the third quarter of 2021, compared to net income of $2.8 million, or $0.24 diluted earnings per share, for the second quarter of 2021, and net income of $2.5 million, or $0.21 diluted earnings per share, for the third quarter of 2020.
Aug 19, 2021 03:54 pm ET
Richmond Mutual Bancorporation, Inc. Announces Quarterly Dividend
RICHMOND, Ind., Aug. 19, 2021 /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 $0.07 per share.  The cash dividend will be payable on September 16, 2021 to stockholders of record as of the close of business on September 2, 2021. 
Jul 22, 2021 04:37 pm ET
Richmond Mutual Bancorporation, Inc. Announces Second Quarter 2021 Financial Results
RICHMOND, Ind., July 22, 2021 /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 $2.8 million, or $0.24 diluted earnings per share, for the second quarter of 2021, compared to net income of $2.6 million, or $0.22 diluted earnings per share, for the first quarter of 2021, and net income of $2.5 million, or $0.20 diluted earnings per share, for the second quarter of 2020.
Feb 18, 2021 03:38 pm ET
Richmond Mutual Bancorporation, Inc. Announces Quarterly Dividend
RICHMOND, Ind., Feb. 18, 2021 /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 $0.07 per share, which represents a 40.0% increase over the $0.05 per share quarterly dividend declared in November 2020.  The cash dividend will be payable on March 18, 2021 to stockholders of record as of the close of business on March 4, 2021. 
Jan 29, 2021 03:12 pm ET
Correction Notice Of Press Release Announcing Richmond Mutual Bancorporation, Inc. 2020 Fourth Quarter And Full Year Financial Results
RICHMOND, Ind., Jan. 29, 2021 /PRNewswire/ --  Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond (the "Bank"), today announced a correction to its earnings release issued on Thursday, January 28, 2021 entitled, "Richmond Mutual Bancorporation, Inc. Announces 2020 Fourth Quarter and Full Year Financial Results."
Jan 28, 2021 03:40 pm ET
Richmond Mutual Bancorporation, Inc. Announces 2020 Fourth Quarter And Full Year Financial Results
RICHMOND, Ind., Jan. 28, 2021 /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 $0.21 diluted earnings per share, for the fourth quarter of 2020, compared to net income of $2.5 million, or $0.21 diluted earnings per share, for the third quarter of 2020, and a net loss of $12.5 million, or $(1.01) diluted earnings per share, for the fourth quarter of 2019.  Net income was $10.0 million, or $0.82 diluted earnings per share for the year en
Nov 30, 2020 03:45 pm ET
Richmond Mutual Bancorporation, Inc. Announces the Death of its Director W. Ray (Steve) Stevens, III
RICHMOND, Ind., Nov. 30, 2020 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (the "Company") (NASDAQ: RMBI), parent company to First Bank Richmond, today announced the passing of W. Ray (Steve) Stevens, III.  Mr. Stevens passed away unexpectedly on November 25, 2020 in his home. Mr. Stevens served as a director of First Bank Richmond for over 25 years and as a director of the Company since its formation in 2019. He also served as chair of the Company's audit committee and as a member of its corporate governance and nominating committee.
Nov 18, 2020 03:40 pm ET
Richmond Mutual Bancorporation, Inc. Announces Quarterly Dividend
RICHMOND, Ind., Nov. 18, 2020 /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 $0.05 per share, payable on December 17, 2020 to stockholders of record as of the close of business on December 3, 2020. 
Oct 22, 2020 04:32 pm ET
Richmond Mutual Bancorporation, Inc. Announces Third Quarter 2020 Financial Results
RICHMOND, Ind., Oct. 22, 2020 /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 $0.21 diluted earnings per share, for the third quarter of 2020, compared to net income of $2.5 million, or $0.20 diluted earnings per share, for the second quarter of 2020, and a net loss of $3.3 million, or $(0.26) diluted earnings per share, for the third quarter of 2019.  Net income was $7.5 million, or $0.60 diluted earnings per share for the first nine
Jul 23, 2020 04:30 pm ET
Richmond Mutual Bancorporation, Inc. Announces Second Quarter 2020 Financial Results
RICHMOND, Ind., July 23, 2020 /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 $0.20 diluted earnings per share, for the second quarter of 2020, which was unchanged from first quarter of 2020 and up $2.2 million compared to net income of $335,000 for the second quarter of 2019.  Net income was $5.0 million, or $0.40 diluted earnings per share for the first half of 2020, compared to $1.7 million for the first half of 2019.  There is no
Jul 08, 2020 04:40 pm ET
Richmond Mutual Bancorporation, Inc. Announces Stock Repurchase Program
RICHMOND, Ind., July 8, 2020 /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") approved a stock repurchase program under which the Company may repurchase up to 676,331 shares or 5% of its outstanding shares through open market purchases, privately-negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These shares will be purchased from time to time over a twelve-month
May 21, 2020 11:13 am ET
Richmond Mutual Bancorporation, Inc. Announces Quarterly Dividend
RICHMOND, Ind., May 21, 2020 /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 $0.05 per share, payable on June 18, 2020 to stockholders of record as of the close of business on June 4, 2020.
Apr 27, 2020 07:20 pm ET
Richmond Mutual Bancorporation, Inc. Announces First Quarter 2020 Financial Results
RICHMOND, Ind., April 27, 2020 /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 $0.20 diluted earnings per share, for the first quarter of 2020 compared to net income of $1.4 million for the first quarter of 2019.  There is no comparison of earnings per share to the first quarter of 2019, as the Company's reorganization from the mutual to stock form of ownership and related stock offering was not completed until July 1, 2019.
Nov 04, 2019 07:06 am ET
Richmond Mutual Bancorporation, Inc. Announces Third Quarter Financial Results
RICHMOND, Ind., Nov. 4, 2019 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond (the "Bank"), today announced a net loss of $3.3 million for the third quarter of 2019 compared to net income of $335,000 for the second quarter of 2019 and $1.6 million for the three months ended September 30, 2018.  The decrease in earnings in the third quarter of 2019 reflects the contribution to the First Bank Richmond, Inc. Community Foundation ("Community Foundation" or "Foundation") and corresponding charge of $
Aug 21, 2019 06:27 pm ET
Richmond Mutual Bancorporation, Inc. Announces Appointment Of New Director
RICHMOND, Ind., Aug. 21, 2019 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. ("RMBI"), the holding company for First Bank Richmond (the "Bank"), announced today that it increased the size of the board of directors from seven to eight members and appointed Harold T. Hanley III to fill the vacancy created by this increase.  This appointment will be effective as of September 1, 2019.  Mr. Hanley will serve in the class of directors whose terms expire in 2022.   Mr. Hanley has not been appointed to any Board committees of the Company as of the date of this press release.  Mr. Hanley will a
Aug 13, 2019 04:01 pm ET
Richmond Mutual Bancorporation, Inc. Announces Second Quarter Financial Results
RICHMOND, Ind., Aug. 13, 2019 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc., a Maryland corporation (the "Company") (NASDAQ: RMBI), parent company of First Bank Richmond (the "Bank"), today announced net income for the three months ended June 30, 2019 of $335,000, a $1.0 million decrease from net income of $1.4 million for the three months ended June 30, 2018.  Net income for the second quarter of 2019 was impacted by a non-recurring $1.3 million after-tax expense related to the adoption of the nonqualified deferred compensation plan during the quarter.  Excluding this non-recurring e
Jul 01, 2019 02:47 pm ET
Richmond Mutual Bancorporation, Inc., And First Bank Richmond Announce Completion Of Reorganization And Stock Offering
RICHMOND, Ind., July 1, 2019 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. ("RMBI") announced today that it has become the holding company for First Bank Richmond (the "Bank") in connection with the completion of the Bank's reorganization from the mutual holding company form of organization to the stock holding company form of organization.  RMBI has also completed its related stock offering.  RMBI's common stock (CUSIP Number 76525P 100) will begin trading on the Nasdaq Capital Market under the symbol "RMBI" on July 2, 2019.

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