Richmond Mutual Bancorporation Reports Q3 Net Income of $3.6 Million

Reuters
Oct 24, 2025
<a href="https://laohu8.com/S/RMBI">Richmond Mutual</a> Bancorporation Reports Q3 Net Income of $3.6 Million

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.

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 PR Newswire (Ref. ID: DE05834) on October 23, 2025, and is solely responsible for the information contained therein.

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