RMBI net income up 23.5% as margin expands 30bp; nonperforming loans triple to 1.46%

Filed March 23, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 27, 2025 · ~1 min read

Key Changes

• high

  Nonperforming loans surged from $6.8M (0.58%) to $17.4M (1.46%), driven by one $6.7M commercial real estate loan in foreclosure and a $2.4M multi-family loan 90+ days past due. Credit loss provision quadrupled to $2.2M.

  MD&A: Asset Quality verify on EDGAR →
• high

  Announced definitive merger with Farmers Bancorp expected to close Q2 2026, pending regulatory and shareholder approvals. Incurred $467K in merger-related expenses during 2025.

  MD&A: Strategic Transactions verify on EDGAR →
• high

  Net interest margin expanded from 2.67% to 2.97% (+30 bp) as asset yields rose faster than funding costs, reversing prior year's compression. Net income climbed 23.5% to $11.6M.

  MD&A: Net Interest Income verify on EDGAR →