• Richmond Mutual Bancorporation’s planned stock-for-stock merger with Farmers Bancorp won shareholder backing at meetings held May 26-27.
• Farmers Bancorp holders are set to receive 3.40 Richmond Mutual shares for each Farmers share under a fixed exchange ratio.
• Closing is expected around the end of Q2 2026, subject to customary closing conditions.
• The combined group will keep trading on Nasdaq under RMBI; the bank will be renamed First Bank Midwest.
• Administrative headquarters will be in Richmond, Indiana; the combined bank’s administrative headquarters will be in Frankfort, Indiana.

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 on May 28, 2026, and is solely responsible for the information contained therein.