Fundz

Richmond Mutual and Farmers Bancorp to merge

PUBLIC · RMBIMay 27, 2026

Acquiring Company

Richmond Mutual Bancorporation

Acquired Company

The Farmers Bancorp Frankfort Indiana

RichmondIndianaFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Richmond Mutual Bancorporation, Inc. and The Farmers Bancorp have received shareholder approval for their merger. The transaction is expected to complete by the end of Q2 2026, allowing Farmers Bancorp's shareholders to exchange their shares for Richmond Mutual common stock. Upon completion, the combined company will operate as Richmond Mutual Bancorporation, Inc.

Quick answer

Richmond Mutual Bancorporation is acquiring The Farmers Bancorp Frankfort Indiana, announced May 27, 2026. Richmond Mutual Bancorporation is based in Richmond, Indiana, United States.

How much did Richmond Mutual Bancorporation pay for The Farmers Bancorp Frankfort Indiana?
The deal value was not disclosed.
What does Richmond Mutual Bancorporation do?
Richmond Mutual Bancorporation, Inc. is a Maryland-based banking institution and parent company of First Bank Richmond.
Where are Richmond Mutual Bancorporation and The Farmers Bancorp Frankfort Indiana based?
Richmond Mutual Bancorporation is based in Richmond, Indiana, United States. The Farmers Bancorp Frankfort Indiana is based in Indiana, United States.

Source: Fundz verified event record.

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Company Information

Company

Richmond Mutual Bancorporation

Location

Richmond, Indiana, United States

About

Richmond Mutual Bancorporation, Inc. is a Maryland-based banking institution and parent company of First Bank Richmond. The company focuses on providing various banking services while maintaining a commitment to customer support and community involvement. It has demonstrated strong financial results and growth, particularly in net income and earnings per share. The company emphasizes sustainable practices and long-term value creation for its shareholders.

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Frequently asked

Who acquired The Farmers Bancorp Frankfort Indiana?

The Farmers Bancorp Frankfort Indiana was acquired by Richmond Mutual Bancorporation, based in Richmond. The deal was reported on May 27, 2026. Richmond Mutual Bancorporation, Inc. is a Maryland-based banking institution and parent company of First Bank Richmond. Richmond Mutual Bancorporation is publicly traded (RMBI) and operates in Financial Services.

When did Richmond Mutual Bancorporation acquire The Farmers Bancorp Frankfort Indiana?

Richmond Mutual Bancorporation's acquisition of The Farmers Bancorp Frankfort Indiana was reported on May 27, 2026. Richmond Mutual Bancorporation, Inc. and The Farmers Bancorp have received shareholder approval for their merger. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Farmers Bancorp Frankfort Indiana do?

The Farmers Bancorp operates as the financial holding company for The Farmers Bank, which has been providing full-service banking since 1876. It serves Clinton County and operates multiple branches across Indiana. It is privately held, operating in Financial Services, and is based in Indiana.

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