MERGER BETWEEN RICHMOND MUTUAL BANCORPORATION, INC. AND THE FARMERS BANCORP, FRANKFORT, INDIANA RECEIVES SHAREHOLDER APPROVAL

Richmond Mutual Bancorporation, Inc. and The Farmers Bancorp have received necessary shareholder approvals for their planned merger. Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual common stock for each share owned. The transaction is expected to close by end of Q2 2026. The combined company will operate as Richmond Mutual Bancorporation, Inc. on Nasdaq under ticker RMBI, with the bank operating as First Bank Midwest.