Richmond Mutual Bancorporation, Inc.
Richmond Mutual Bancorporation, Inc. operates as a community bank holding company providing comprehensive financial services through its subsidiary First Bank Richmond. The company is regulated by the Federal Reserve Board and trades on the NASDAQ under ticker symbol RMBI. More information is available at the… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Richmond Mutual Bancorporation, Inc. does
In the company’s own words
Richmond Mutual Bancorporation, Inc. operates as a community bank holding company providing comprehensive financial services through its subsidiary First Bank Richmond. The company is regulated by the Federal Reserve Board and trades on the NASDAQ under ticker symbol RMBI. More information is available at the company's website.
First Bank Richmond, established in 1887 as a mutual savings and loan, has evolved through multiple charter conversions and reorganizations. The bank completed its conversion from mutual to stock holding company form in July 2019, with Richmond Mutual Bancorporation-Maryland serving as the new parent company. The organization maintains a significant presence across Indiana and Ohio, operating thirteen full-service banking offices and one limited-service office strategically located in Wayne and Shelby Counties in Indiana and Shelby, Miami, and Franklin Counties in Ohio.
The company's core business centers on community banking, with primary operations conducted through First Bank Richmond. The bank attracts deposits from the general public and institutional sources, including brokered deposits, and deploys these funds primarily into commercial and multi-family real estate loans, residential mortgages, consumer loans, direct financing leases, and commercial and industrial loans. As of December 31, 2025, the company managed approximately $1.5 billion in consolidated assets, $1.2 billion in loans and leases net of allowance, and $1.1 billion in deposits.
The company operates several specialized subsidiaries supporting its core banking operations. First Insurance Management, Inc., formed in 2022, functions as a pooled captive insurance company providing property and casualty coverage. FB Richmond Holdings, Inc. manages substantially all of the bank's investment portfolio, which held approximately $254.7 million in securities at year-end 2025. FB Richmond Properties, Inc. holds certain residential mortgages and commercial real estate loans totaling approximately $102.6 million.
First Bank Richmond's leasing division, First Federal Leasing, provides direct financing leases for commercial equipment nationwide, maintaining a portfolio of $145.8 million. The bank also offers trust and wealth management services, with total assets under management and administration reaching $246.3 million. In November 2025, the company entered into a definitive merger agreement with The Farmers Bancorp, with completion anticipated in the second quarter of 2026.
Company details
- Sector
- Financials
- Industry
- Banks & Brokers
- Headquarters
- RICHMOND, IN
- Fiscal year end
- December
- CIK
- 1767837
- SIC
- 6022
Financial performance, year by year
Fiscal 2019–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Richmond Mutual Bancorporation, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Richmond Mutual Bancorporation, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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