Richmond Mutual Q2 FY26 net income falls 21.43% to $2.2 million

• Richmond Mutual posted Q2 2026 net income of $2.2 million, down 21.43% from Q1 2026, with diluted EPS of $0.22.
• Net interest income rose 5.5% from Q1 to $12.1 million as annualized net interest margin widened 12 basis points to 3.22%.
• Noninterest expense climbed 16.8% from Q1 to $10.2 million, including $1.9 million of non-recurring merger-related costs.
• Provision for credit losses increased to $823,000 as nonperforming loans and leases rose to $21.8 million, or 1.78% of total loans and leases.
• The company completed its merger with Farmers Bancorp on July 1; Farmers results will be included starting the quarter ending Sept. 30, 2026.

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: 0001628280-26-049841), on July 27, 2026, and is solely responsible for the information contained therein.