• Richmond Mutual’s planned merger with Farmers Bancorp cleared shareholder votes at Farmers’ May 26 special meeting, Richmond’s May 27 annual meeting.
• Farmers shareholders are set to receive 3.40 shares of Richmond Mutual common stock per Farmers share under a fixed exchange ratio.
• Closing is expected around the end of Q2 2026, subject to customary closing conditions.
• Post-close, the combined company will trade on Nasdaq under RMBI; the bank will operate as First Bank Midwest.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-038518), on May 27, 2026, and is solely responsible for the information contained therein.