The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 3,597,006 | 4,570,308 |
| Provision for credit losses | 268,674 | 1,475,785 |
| Depreciation and amortization | 224,326 | 440,839 |
| Deferred income tax | -117,881 | -237,680 |
| Stock based compensation | 29,295 | 726,918 |
| Investment securities amortization, net | -201,811 | -364,455 |
| Net loss on sale of investment securities - available for sale | 0 | -156,859 |
| Net gains on loan and lease sales | 94,280 | 196,443 |
| (gain) loss on sale of real estate owned | 6,067 | 0 |
| Gain on sale of premises and equipment | 0 | 4,500 |
| Accretion of loan origination fees | 173,308 | 446,258 |
| Amortization of mortgage-servicing rights | 57,593 | 95,477 |
| Esop shares expense | 192,848 | 359,612 |
| Increase in cash surrender value of life insurance | 24,778 | 47,798 |
| Loans originated for sale | 3,727,371 | 10,018,214 |
| Proceeds on loans sold | 4,328,076 | 9,765,589 |
| Interest receivable | -364,140 | 166,155 |
| Other assets | -69,000 | -1,277,317 |
| Other liabilities | 2,017,487 | -102,499 |
| Interest payable | -929,072 | -988,458 |
| Net cash provided by operating activities | 6,277,499 | 7,025,154 |
| Net change in interest-bearing time deposits | 300,000 | - |
| Purchases of securities available for sale | 462,031 | 4,330,256 |
| Proceeds from maturities and paydowns of securities available for sale | 5,918,124 | 8,875,127 |
| Proceeds from sales of securities available for sale | 0 | 6,765,143 |
| Proceeds from maturities and paydowns of securities held to maturity | 160,080 | 565,159 |
| Net change in loans | 12,280,484 | 8,701,674 |
| Proceeds from sales of real estate owned | 43,502 | 0 |
| Purchases of premises and equipment | 461,788 | 703,448 |
| Proceeds from sale of premises and equipment | 0 | 0 |
| Purchase of fhlb stock | 0 | 0 |
| Net cash used in investing activities | -6,782,597 | 2,470,051 |
| Demand and savings deposits | 7,412,123 | 10,048,117 |
| Certificates of deposit | 14,457,208 | -7,598,958 |
| Advances by borrowers for taxes and insurance | 134,822 | 76,318 |
| Proceeds from fhlb advances | 50,000,000 | 179,000,000 |
| Repayment of fhlb advances | 63,000,000 | 177,000,000 |
| Repurchase of common stock | 0 | 5,633,659 |
| Proceeds from stock option exercises | 0 | 0 |
| Dividends paid | 1,445,585 | 2,932,730 |
| Net cash provided by financing activities | 7,558,568 | -4,040,912 |
| Net change in cash and cash equivalents | 7,053,470 | 5,454,293 |
| Cash and cash equivalents at beginning of period | 21,757,190 | - |
| Cash and cash equivalents at end of period | 34,264,953 | - |
Richmond Mutual Bancorporation, Inc. (RMBI)
Richmond Mutual Bancorporation, Inc. (RMBI)