Richmond Mutual Bancorporation, Inc.
For the period ended Sep 30, 2025. Filed Nov 10, 2025.
View on SEC.govAbout this filing
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.
Sep 30, 2025 · Filed Nov 10, 2025
RMBI$15.82+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows (Unaudited) for the
Condensed Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating Activities | ||
| Net income | $8,167,314 | $6,901,373 |
| Adjustments to reconcile net income to net cash provided by operating activities | ||
| Provision for credit losses | 1,744,459 | 354,758 |
| Depreciation and amortization | 665,165 | 638,183 |
| Deferred income tax | (355,561) | (25,729) |
| Stock based compensation | 756,213 | 1,102,526 |
| Investment securities amortization, net | 566,266 | 726,168 |
| Net loss on sale of investment securities - available for sale | 156,859 | 50,698 |
| Net gains on loan and lease sales | (290,723) | (420,740) |
| (Gain) loss on sale of real estate owned | (6,067) | 7,050 |
| Gain on sale of premises and equipment | (4,500) | (6,000) |
| Accretion of loan origination fees | (619,566) | (581,788) |
| Amortization of mortgage-servicing rights | 153,070 | 141,242 |
| ESOP shares expense | 552,460 | 476,482 |
| Increase in cash surrender value of life insurance | (72,576) | (68,601) |
| Loans originated for sale | (13,745,585) | (20,561,099) |
| Proceeds on loans sold | 14,093,665 | 19,987,599 |
| Net change in | ||
| Interest receivable | 197,985 | (30,261) |
| Other assets | 1,346,317 | 1,976,081 |
| Other liabilities | 1,914,988 | (1,743,912) |
| Interest payable | (1,917,530) | (962,951) |
| Net cash provided by operating activities | 13,302,653 | 7,961,079 |
| Investing Activities | ||
| Net change in interest-bearing time deposits | 300,000 | (300,000) |
| Purchases of securities available for sale | (4,792,287) | (3,502,331) |
| Proceeds from maturities and paydowns of securities available for sale | 14,793,251 | 16,414,642 |
| Proceeds from sales of securities available for sale | 6,765,143 | 6,907,932 |
| Proceeds from maturities and paydowns of securities held to maturity | 725,239 | 895,228 |
| Net change in loans | (20,982,158) | (49,250,751) |
| Proceeds from sales of real estate owned | 43,502 | 125,109 |
| Purchases of premises and equipment | (1,165,236) | (344,322) |
| Proceeds from sale of premises and equipment | — | 6,000 |
| Purchase of FHLB stock | — | (1,260,000) |
| Net cash used in investing activities | (4,312,546) | (30,308,493) |
| Financing Activities | ||
| Net change in | ||
| Demand and savings deposits | 17,460,240 | (4,363,372) |
| Certificates of deposit | 6,858,250 | 52,317,925 |
| Advances by borrowers for taxes and insurance | 211,140 | 111,445 |
| Proceeds from FHLB advances | 229,000,000 | 230,500,000 |
| Repayment of FHLB advances | (240,000,000) | (249,500,000) |
| Repurchase of common stock | (5,633,659) | (3,095,162) |
| Proceeds from stock option exercises | — | (13) |
| Dividends paid | (4,378,315) | (4,293,077) |
| Net cash provided by financing activities | 3,517,656 | 21,677,746 |
| Net Change in Cash and Cash Equivalents | 12,507,763 | (669,668) |
| Cash and Cash Equivalents, Beginning of Period | 21,757,190 | 20,240,125 |
| Cash and Cash Equivalents, End of Period | $34,264,953 | $19,570,457 |
| Additional Cash Flows and Supplementary Information | ||
| Interest paid | $33,632,587 | $31,978,012 |
| Transfers from loans to other real estate owned | — | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.