The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 11,576,767 |
| Provision for credit losses | 2,152,969 |
| Depreciation and amortization | 891,834 |
| Deferred income tax | -114,442 |
| Stock based compensation | 815,821 |
| Investment securities amortization, net | -754,838 |
| Net loss on sale of investment securities available for sale | -156,040 |
| Net gains on loan and lease sales | 409,369 |
| (gain) loss on sale of real estate owned | 6,067 |
| Gain on sale of premises and equipment | 4,500 |
| Accretion of loan origination fees | 884,026 |
| Amortization of mortgage-servicing rights | 208,603 |
| Esop shares expense | 738,051 |
| Increase in cash surrender value of life insurance | 97,140 |
| Loans originated for sale | 20,708,456 |
| Proceeds on loans sold | 20,443,536 |
| Interest receivable | 269,925 |
| Other assets | -732,172 |
| Other liabilities | 1,367,403 |
| Interest payable | -1,374,701 |
| Net cash provided by operating activities | 15,969,408 |
| Net change in interest-bearing time deposits | -1,770,000 |
| Purchases of securities available for sale | 5,702,862 |
| Proceeds from maturities and paydowns of securities available for sale | 18,540,188 |
| Proceeds from sales of securities available for sale | 6,765,888 |
| Proceeds from maturities and paydowns of securities held to maturity | 749,419 |
| Net change in loans | 18,405,177 |
| Proceeds from sales of real estate owned | 43,502 |
| Purchases of premises and equipment | 1,361,889 |
| Proceeds from sale of premises and equipment | 0 |
| Purchases of fhlb stock | 0 |
| Net cash used in investing activities | -1,140,931 |
| Demand and savings deposits | 16,564,101 |
| Certificates of deposit | 4,389,302 |
| Advances by borrowers for taxes and insurance | 60,235 |
| Proceeds from other borrowings | 12,000,000 |
| Proceeds from fhlb advances | 284,000,000 |
| Repayment of fhlb advances | 309,000,000 |
| Repurchase of common stock | 5,633,659 |
| Proceeds from stock option exercises | -4 |
| Dividends paid | 5,835,148 |
| Net cash provided by financing activities | -3,455,173 |
| Net change in cash and cash equivalents | 11,373,304 |
| Cash and cash equivalents, beginning of period | 21,757,190 |
| Cash and cash equivalents, end of period | 33,130,494 |
Richmond Mutual Bancorporation, Inc. (RMBI)
Richmond Mutual Bancorporation, Inc. (RMBI)