| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans and leases | 19,676,223 | 19,182,992 | ||
| Investment securities | 1,933,714 | 1,920,303 | ||
| Other | 203,430 | 242,842 | ||
| Total interest income | 21,813,367 | 21,346,137 | ||
| Deposits | 7,757,269 | 7,811,994 | ||
| Borrowings | 2,761,137 | 2,774,702 | ||
| Total interest expense | 10,518,406 | 10,586,696 | ||
| Net interest income | 11,294,961 | 10,759,441 | ||
| Provision for (reversal of) credit losses | 268,674 | 744,690 | ||
| Net interest income after provision for (reversal of) credit losses | 11,026,287 | 10,014,751 | ||
| Service charges on deposit accounts | 319,433 | 309,936 | ||
| Card fee income | 316,425 | 335,944 | ||
| Loan and lease servicing fees | 164,032 | 135,880 | ||
| Net gains (loss) on securities (includes 0, 11,331, (156,859), and (50,698), respectively, related toaccumulated other comprehensive income reclassifications) | 0 | -156,859 | ||
| Net gains on loan and lease sales | 94,280 | 101,338 | ||
| Other income | 404,059 | 353,698 | ||
| Total non-interest income | 1,298,229 | 1,079,937 | ||
| Salaries and employee benefits | 4,500,594 | 4,767,107 | ||
| Net occupancy expenses | 340,023 | 342,971 | ||
| Equipment expenses | 234,667 | 263,307 | ||
| Data processing fees | 955,062 | 925,536 | ||
| Deposit insurance expense | 306,000 | 304,000 | ||
| Printing and office supplies | 47,528 | 34,518 | ||
| Legal and professional fees | 540,344 | 447,674 | ||
| Advertising expense | 109,563 | 98,225 | ||
| Bank service charges | 37,379 | 37,720 | ||
| Real estate owned expense | 8,425 | 1,225 | ||
| Other expenses | 1,003,180 | 887,980 | ||
| Total non-interest expenses | 8,082,765 | 8,110,263 | ||
| Income before income tax expense | 4,241,751 | 2,984,425 | ||
| Provision for income taxes (includes 0, 2,380, (32,940), and (10,647), respectively, related to income tax expense (benefit) from reclassification of items) | 644,745 | 382,427 | ||
| Net income | 3,597,006 | 2,601,998 | ||
| Average shares outstanding (in shares) | 10,420,613 | 10,416,086 | ||
| Basic (in usd per share) | 0.37 | 0.27 | ||
| Diluted (in usd per share) | 0.36 | 0.26 | ||
| Shares outstanding for diluted eps (in shares) | 9,893,853 | 9,844,872 | ||
Richmond Mutual Bancorporation, Inc. (RMBI)
Richmond Mutual Bancorporation, Inc. (RMBI)