Richmond Mutual Bancorporation, Inc.
For the period ended Dec 31, 2025. Filed Mar 23, 2026.
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FY2025 · Filed Mar 23, 2026
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Item 14. Principal Accountant Fees and Services
Principal Accountant Fees and Services
Set forth below is certain information concerning aggregate fees billed for professional services rendered by Forvis Mazars, LLP during the years ended December 31, 2025 and 2024.
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Audit Fees | $430,519 | $393,750 |
| Audit-related Fees | 18,500 | 17,325 |
| Tax fees | — | 3,955 |
| All Other Fees | — | — |
Audit Fees. Audit Fees include aggregate fees billed for professional services for the audits of Richmond Mutual Bancorporation’s annual financial statements for the years ended December 31, 2025 and 2024 and for review of quarterly condensed consolidated financial statements included in periodic reports filed with the SEC during 2025 and 2024.
Audit-Related Fees. Audit-Related Fees for 2025 and 2024 include fees billed for the audit of Richmond Mutual Bancorporation’s Employee Stock Ownership Plan.
Tax Fees. There were no tax fees charged in 2025. Tax Fees for 2024 include review of certain tax matters during 2024.
All Other Fees. There were no other fees charged in 2025 or 2024.
Our Audit Committee has determined that the services provided by Forvis Mazars, LLP as set forth herein are compatible with maintaining Forvis Mazars, LLP’s independence.
Pursuant to the terms of its charter, the Audit Committee is responsible for the appointment, compensation, retention and oversight of the work of the independent auditors. The Audit Committee must pre-approve the engagement letters and the fees to be paid to the independent auditors for all audit and permissible non-audit services to be provided by the independent auditors and consider the possible effect that any non-audit services could have on the independence of the auditors. The Audit Committee may establish pre-approval policies and procedures, as permitted by applicable law and SEC regulations and consistent with its charter for the engagement of the independent auditors to render permissible non-audit services to the Corporation, provided that any pre-approvals delegated to one or more members of the committee are reported to the committee at its next scheduled meeting. At this time, the Audit Committee has not adopted any pre-approval policies.
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