Richmond Mutual reports Q3 net income of $1.75 million
Richmond Mutual reported Q3 2026 net income of $1.75M, down from previous periods, with EPS at $0.11. Net interest income rose to $22.85M, but credit losses increased to $6.12M. The company completed a merger with Farmers Bancorp, forming First Bank Midwest. Nine-month net income was $6.76M, down from $8.17M in 2025. According to the company, nonrecurring merger expenses were $3.0M.

