Richmond Mutual and Farmers Bancorp receive shareholder approval for merger

M&A Richmond Mutual Bancorporation, Inc. May 27

Richmond Mutual Bancorporation and The Farmers Bancorp obtained necessary shareholder approvals for their planned merger, with completion expected by end of Q2 2026. Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual stock per share in a tax-free transaction, creating a combined entity operating as First Bank Midwest.