RICHMOND, Ind., Feb. 14,
2025 /PRNewswire/ -- Richmond Mutual Bancorporation,
Inc. (NASDAQ: RMBI) (the "Company") announced today that the
Company's annual meeting of stockholders will be held on
Wednesday, May 21, 2025. The record
date for stockholders entitled to vote at the annual meeting will
be March 24, 2025.
About Richmond Mutual Bancorporation, Inc.
Richmond Mutual Bancorporation, Inc., headquartered in
Richmond, Indiana, is the holding
company for First Bank Richmond, a community-oriented financial
institution offering traditional financial and trust services
within its local communities through its eight locations in
Richmond, Centerville, Cambridge City and Shelbyville, Indiana, its five locations in
Sidney, Piqua and Troy,
Ohio and its loan production office in Columbus, Ohio.
Forward-Looking Statements
Statements in this press release and other filings by the
Company with the Securities and Exchange Commission (the "SEC"), as
well as press releases or other public or stockholder
communications released by the Company, may contain forward-looking
statements, including, but not limited to, (i) statements regarding
the financial condition, results of operations and business of the
Company, (ii) statements about the Company's plans, objectives,
expectations and intentions and other statements that are not
historical facts and (iii) other statements identified by the words
or phrases "will likely result," "are expected to," "will
continue," "is anticipated," "estimate," "project," "intends" or
similar expressions that are intended to identify "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are based on
current beliefs and expectations of the Company's management and
are inherently subject to significant business, economic and
competitive uncertainties and contingencies, many of which are
beyond the Company's control. In addition, these forward-looking
statements are subject to assumptions with respect to future
business strategies and decisions that are subject to change. When
considering forward-looking statements, keep in mind these risks
and uncertainties. Undue reliance should not be placed on any
forward-looking statement, which speaks only as of the date
made.
The following factors, among others, could cause actual
results to differ materially from the anticipated results or other
expectations expressed in the forward-looking statements: adverse
economic conditions in our local market areas or other markets
where we have lending relationships; employment levels, labor
shortages and the effects of inflation, a recession or slowed
economic growth; changes in the interest rate environment,
including the increases and decreases in the Federal Reserve
benchmark rate and duration at which such interest rate levels are
maintained, which could adversely affect our revenues and expenses,
the value of assets and obligations, and the availability and cost
of capital and liquidity; the impact of inflation and the current
and future monetary policies of the Federal Reserve in response
thereto; the effects of any federal government shutdown; the impact
of bank failures or adverse developments at other banks and related
negative press about the banking industry in general on investor
and depositor sentiment; legislative changes; changes in policies
by regulatory agencies; the risks of lending and investing
activities, including changes in the level and direction of loan
delinquencies and write-offs and changes in estimates of the
adequacy of the allowance for loan losses; the Company's ability to
access cost-effective funding, including maintaining the confidence
of depositors; fluctuations in real estate values and both
residential and commercial real estate market conditions;
competitive pressures among depository institutions, including
repricing and competitors' pricing initiatives, and their impact on
our market position, loan, and deposit products; changes in
management's business strategies, including expectations regarding
key growth initiatives and strategic priorities; changes in the
regulatory and tax environments in which the Company operates;
disruptions, security breaches, or other adverse events, failures
or interruptions in, or attacks on, our information technology
systems or on the third-party vendors who perform several of our
critical processing functions; the potential imposition of new
tariffs or changes to existing trade policies that could affect
economic activity or specific industry sectors; the effects of
climate change, severe weather events, natural disasters,
pandemics, epidemics and other public health crises, acts of war or
terrorism, civil unrest, and other external events on our business;
and other factors described in the Company's latest Annual Report
on Form 10-K and Quarterly Reports on Form 10-Q and other reports
filed with or furnished to the Securities and Exchange Commission -
that are available on our website at
www.firstbankrichmond.com and on the SEC's website at
www.sec.gov.
The factors listed above could materially affect the
Company's financial performance and could cause the Company's
actual results for future periods to differ materially from any
opinions or statements expressed with respect to future periods in
any current statements. The Company does not undertake - and
specifically declines any obligation - to publicly release the
result of any revisions which may be made to any forward-looking
statements to reflect events or circumstances after the date of
such statements or to reflect the occurrence of anticipated or
unanticipated events.
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SOURCE Richmond Mutual Bancorporation, Inc.
