Richmond Mutual Bancorporation Inc
For the period ended Mar 31, 2025. Filed May 9, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 9, 2025
RMBI$15.82+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets at (Unaudited) and December 31,
Condensed Consolidated Balance Sheets
| March 31,2025 | December 31,2024 | |
|---|---|---|
| (Unaudited) | ||
| Assets | ||
| Cash and due from banks | $10,401,734 | $8,986,540 |
| Interest-earning demand deposits | 16,630,358 | 12,770,650 |
| Cash and cash equivalents | 27,032,092 | 21,757,190 |
| Interest-earning time deposits | 300,000 | 300,000 |
| Investment securities - available for sale | 256,101,105 | 258,191,630 |
| Investment securities - held to maturity | 2,932,158 | 3,497,913 |
| Loans held for sale | 388,325 | 1,092,920 |
| Loans and leases, net of allowance for credit losses of $16,077,931 and $15,790,885, respectively | 1,175,833,456 | 1,158,879,008 |
| Premises and equipment, net | 12,778,513 | 12,922,028 |
| Federal Home Loan Bank stock | 13,907,100 | 13,907,100 |
| Interest receivable | 6,059,804 | 6,030,000 |
| Mortgage-servicing rights | 1,932,655 | 1,950,504 |
| Cash surrender value of life insurance | 3,879,550 | 3,856,494 |
| Other assets | 21,647,368 | 22,490,073 |
| Total assets | $1,522,792,126 | $1,504,874,860 |
| Liabilities | ||
| Noninterest-bearing deposits | $103,353,499 | $110,105,973 |
| Interest-bearing deposits | 1,002,308,806 | 983,833,884 |
| Total deposits | 1,105,662,305 | 1,093,939,857 |
| Federal Home Loan Bank advances | 274,000,000 | 265,000,000 |
| Advances by borrowers for taxes and insurance | 730,398 | 590,439 |
| Interest payable | 3,702,201 | 4,831,674 |
| Other liabilities | 7,765,365 | 7,641,130 |
| Total liabilities | 1,391,860,269 | 1,372,003,100 |
| Commitments and Contingent Liabilities | — | — |
| Stockholders' Equity | ||
| Common stock, $0.01 par value | ||
| Authorized - 90,000,000 shares | ||
| Issued and outstanding - 10,490,264 shares and 10,814,960 shares at March 31, 2025 and December 31, 2024, respectively | 104,903 | 108,150 |
| Additional paid-in capital | 93,836,968 | 97,709,231 |
| Retained earnings | 92,058,581 | 91,582,986 |
| Unearned employee stock ownership plan (ESOP) | (10,538,580) | (10,722,410) |
| Accumulated other comprehensive loss | (44,530,015) | (45,806,197) |
| Total stockholders' equity | 130,931,857 | 132,871,760 |
| Total liabilities and stockholders' equity | $1,522,792,126 | $1,504,874,860 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.