Richmond Mutual Q2 FY26 net income falls 14.4% to $2.2 million; net interest margin widens 29 percentage points to 3.22%

• Richmond Mutual Bancorporation posted Q2 net income of $2.2 million, down 14.4% from a year earlier, with diluted EPS of $0.22.
• Net interest income before credit losses rose 12.2% to $12.1 million, lifting net interest margin 29 basis points to 3.22%.
• Noninterest expense climbed 25.4% to $10.2 million, driven by $1.9 million of nonrecurring merger-related costs.
• Credit quality weakened as nonaccrual loans and leases increased to $20 million at June 30, 2026 from year-end 2025.
• The company completed its Farmers Bancorp merger on July 1; Farmers results will be included starting the September 2026 quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Richmond Mutual Bancorporation Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-056785), on August 13, 2026, and is solely responsible for the information contained therein.