Richmond Mutual Bancorporation Announces Board and Officer Changes
Ticker: RMBI · Form: 8-K · Filed: Mar 26, 2024 · CIK: 1767837
| Field | Detail |
|---|---|
| Company | Richmond Mutual Bancorporation, Inc. (RMBI) |
| Form Type | 8-K |
| Filed Date | Mar 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, board-of-directors, officer-appointment
TL;DR
Richmond Mutual Bancorporation reshuffled its board and officers on 3/25. Expect new strategies.
AI Summary
Richmond Mutual Bancorporation, Inc. announced on March 25, 2024, changes in its board of directors and officer appointments. The filing details the departure of certain officers and directors, the election of new directors, and the appointment of new officers, alongside information on compensatory arrangements for these key individuals.
Why It Matters
Changes in a company's leadership and board can signal shifts in strategy, governance, or operational focus, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Leadership changes can introduce uncertainty regarding future strategy and operational stability.
Key Players & Entities
- Richmond Mutual Bancorporation, Inc. (company) — Registrant
- March 25, 2024 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the departures and appointments?
The filing indicates changes related to the departure of directors or certain officers, and the election of directors and appointment of certain officers, along with compensatory arrangements.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on March 25, 2024.
What is the principal executive office address for Richmond Mutual Bancorporation, Inc.?
The principal executive offices are located at 31 North 9th Street, Richmond, Indiana 47374.
What is the SIC code for Richmond Mutual Bancorporation, Inc.?
The Standard Industrial Classification code is 6022 for State Commercial Banks.
Does this filing include information on executive compensation?
Yes, the filing mentions 'Compensatory Arrangements of Certain Officers' as one of the items covered.
Filing Stats: 713 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-03-26 17:15:23
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share RMBI The NASDAQ Stock Market
Filing Documents
- rmbi-20240325.htm (8-K) — 24KB
- 0001767837-24-000004.txt ( ) — 148KB
- rmbi-20240325.xsd (EX-101.SCH) — 2KB
- rmbi-20240325_lab.xml (EX-101.LAB) — 22KB
- rmbi-20240325_pre.xml (EX-101.PRE) — 13KB
- rmbi-20240325_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized. RICHMOND MUTUAL BANCORPORATION, INC. Date: March 25, 2024 By: /s/Bradley M. Glover Bradley M. Glover CFO