Richmond Mutual Bancorporation, Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: RMBI · Form: DEF 14A · Filed: Apr 11, 2024 · CIK: 1767837
| Field | Detail |
|---|---|
| Company | Richmond Mutual Bancorporation, Inc. (RMBI) |
| Form Type | DEF 14A |
| Filed Date | Apr 11, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Stockholder Vote, Richmond Mutual Bancorporation, DEF 14A
TL;DR
<b>Richmond Mutual Bancorporation, Inc. invites stockholders to its 2024 annual meeting on May 15, 2024, urging them to vote by proxy.</b>
AI Summary
Richmond Mutual Bancorporation, Inc. (RMBI) filed a Proxy Statement (DEF 14A) with the SEC on April 11, 2024. The 2024 annual meeting of stockholders for Richmond Mutual Bancorporation, Inc. will be held on May 15, 2024, at 9:00 a.m. Eastern Time. The meeting will take place at the First Bank Richmond Financial Center located at 31 North 9th Street, Richmond, Indiana. Stockholders are urged to vote their shares by proxy via telephone, internet, or mail in advance of the meeting. The proxy statement provides detailed information on the business to be conducted and the voting process. The company will present its 2023 financial and operating performance report at the meeting.
Why It Matters
For investors and stakeholders tracking Richmond Mutual Bancorporation, Inc., this filing contains several important signals. This filing is a definitive proxy statement (DEF 14A), indicating it contains important information for shareholders regarding the upcoming annual meeting and voting procedures. The company emphasizes the importance of shareholder participation through proxy voting to ensure representation and avoid additional solicitation expenses.
Risk Assessment
Risk Level: low — Richmond Mutual Bancorporation, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational concerns highlighted.
Analyst Insight
Review the proxy statement for details on voting matters, director nominations, and executive compensation to make an informed voting decision.
Key Numbers
- 2024 — Annual Meeting Year (Year of the annual meeting)
- May 15 — Meeting Date (Date of the annual meeting)
- 9:00 a.m. Eastern Time — Meeting Time (Time of the annual meeting)
- 31 North 9th Street, Richmond, Indiana — Meeting Location (Physical address for the annual meeting)
Key Players & Entities
- Richmond Mutual Bancorporation, Inc. (company) — Registrant name and filer
- May 15, 2024 (date) — Date of the annual meeting
- First Bank Richmond Financial Center (company) — Location of the annual meeting
- 31 North 9th Street, Richmond, Indiana (location) — Address of the meeting venue
- 2023 (date) — Fiscal year for performance report
- 1934 Act (regulation) — Securities Exchange Act under which the filing is made
FAQ
When did Richmond Mutual Bancorporation, Inc. file this DEF 14A?
Richmond Mutual Bancorporation, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 11, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Richmond Mutual Bancorporation, Inc. (RMBI).
Where can I read the original DEF 14A filing from Richmond Mutual Bancorporation, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Richmond Mutual Bancorporation, Inc..
What are the key takeaways from Richmond Mutual Bancorporation, Inc.'s DEF 14A?
Richmond Mutual Bancorporation, Inc. filed this DEF 14A on April 11, 2024. Key takeaways: The 2024 annual meeting of stockholders for Richmond Mutual Bancorporation, Inc. will be held on May 15, 2024, at 9:00 a.m. Eastern Time.. The meeting will take place at the First Bank Richmond Financial Center located at 31 North 9th Street, Richmond, Indiana.. Stockholders are urged to vote their shares by proxy via telephone, internet, or mail in advance of the meeting..
Is Richmond Mutual Bancorporation, Inc. a risky investment based on this filing?
Based on this DEF 14A, Richmond Mutual Bancorporation, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational concerns highlighted.
What should investors do after reading Richmond Mutual Bancorporation, Inc.'s DEF 14A?
Review the proxy statement for details on voting matters, director nominations, and executive compensation to make an informed voting decision. The overall sentiment from this filing is neutral.
How does Richmond Mutual Bancorporation, Inc. compare to its industry peers?
Richmond Mutual Bancorporation, Inc. operates within the commercial banking sector, as indicated by its SIC code 6022.
Are there regulatory concerns for Richmond Mutual Bancorporation, Inc.?
The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs the solicitation of proxies.
Industry Context
Richmond Mutual Bancorporation, Inc. operates within the commercial banking sector, as indicated by its SIC code 6022.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs the solicitation of proxies.
What Investors Should Do
- Review the proxy statement for details on proposals to be voted on at the annual meeting.
- Vote your shares by proxy (telephone, internet, or mail) by the deadline to ensure your vote is counted.
- Attend the annual meeting on May 15, 2024, if possible, to participate directly in discussions and voting.
Key Dates
- 2024-05-15: Annual Meeting of Stockholders — Key date for shareholder participation and voting.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a definitive proxy statement, typically filed annually to inform shareholders about the upcoming meeting and voting matters.
Filing Stats: 4,605 words · 18 min read · ~15 pages · Grade level 10.8 · Accepted 2024-04-11 10:15:48
Filing Documents
- ny20019676x1_def14a.htm (DEF 14A) — 358KB
- logo_richmondmutual.jpg (GRAPHIC) — 41KB
- sig_garrykleer.jpg (GRAPHIC) — 19KB
- ny20019676x1_pc01.jpg (GRAPHIC) — 741KB
- ny20019676x1_pc02.jpg (GRAPHIC) — 937KB
- 0001140361-24-019253.txt ( ) — 2752KB
BUSINESS
BUSINESS ​ ​ (1) ​ ​ Election of two directors of Richmond Mutual Bancorporation, Inc., each for a three year term.   ​ ​ (2) ​ ​ Ratification of the appointment of FORVIS, LLP as Richmond Mutual Bancorporation, Inc.’s independent registered public accounting firm for the year ending December 31, 2024.   ​ ​   ​ ​   RECORD DATE ​ ​ Holders of record of Richmond Mutual Bancorporation, Inc. common stock at the close of business on March 28, 2024, are entitled to receive this Notice and to vote at the annual meeting of stockholders, or any adjournment or postponement thereof.   ​ ​   ​ ​   PROXY VOTING ​ ​ It is important that your shares be represented and voted at the annual meeting. To ensure that your shares are represented at the annual meeting, please take the time to vote by Internet or telephone or by mailing a completed proxy card as soon as possible. Regardless of the number of shares you own, your vote is important. Please act today.   ​ ​ BY ORDER OF THE BOARD OF DIRECTORS   ​ ​     ​ ​ Garry D. Kleer   ​ ​ Chairman, President and Chief Executive Officer Richmond, Indiana April 11, 2024 Important Notice Regarding the Availability of Proxy Materials for the Stockholder Meeting to Be Held on May 15, 2024.   Richmond Mutual Bancorporation Inc.’s proxy statement, Annual Report on Form 10-K and electronic proxy card are also available on the Internet at http://www.proxyvote.com.   You are encouraged to review all of the information contained in the proxy statement before voting.   31 North 9 th Street Richmond, Indiana 47374 (765) 962-2581 PROXY STATEMENT INTRODUCTION The Board of Directors of Richmond Mutual