Richmond Mutual Bancorporation Inc. reported net income of $3.6 million for the third quarter of 2025, compared to $2.6 million in the second quarter of 2025 and $2.5 million in the third quarter of 2024. Net interest income rose to $11.3 million for the quarter ended September 30, 2025, up from $10.8 million in the previous quarter and $9.4 million in the same period last year. The annualized net interest margin was 3.07%, compared to 2.93% in the preceding quarter and 2.60% in the third quarter of 2024. Stockholders' equity was $140.0 million as of September 30, 2025, an increase from $132.8 million at December 31, 2024. Book value per share was $13.43 at September 30, 2025, up from $12.74 at June 30, 2025, and $12.29 at December 31, 2024. The company reported that approximately $262.3 million, or 23.5% of total deposits excluding collateralized public deposits, was uninsured as of September 30, 2025. Tier 1 capital to total assets was 10.85% at the end of the quarter.