Richmond Mutual Bancorporation, Inc. (RMBI) financial statements (2022 and earlier)

Company profile

Business Address 31 N. 9TH STREET
RICHMOND, IN 47374
State of Incorp.
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments234941
Cash and cash equivalents234941
Short-term investments00 
Total current assets:234941
Noncurrent Assets
Property, plant and equipment141514
Total noncurrent assets:141514
Other undisclosed assets1,2301,021931
TOTAL ASSETS:1,2681,084986
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities000
Interest and dividends payable000
Debt67 
Total current liabilities:670
Noncurrent Liabilities
Other undisclosed liabilities1,081884798
Total liabilities:1,087891798
Stockholders' equity
Stockholders' equity attributable to parent, including:180193188
Common stock000
Additional paid in capital114124133
Accumulated other comprehensive income (loss)(1)4(1)
Retained earnings807870
Unearned esop shares(13)(14)(14)
Other undisclosed stockholders' equity attributable to parent  0
Total stockholders' equity:180193188
TOTAL LIABILITIES AND EQUITY:1,2681,084986

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
Revenues444237
Net investment income413837
Cost of revenue(2)(4)(0)
Provision for loan, lease, and other losses(1)(4) 
Amortization of mortgage servicing rights (msrs)(0)(0)(0)
Gross profit:423837
Operating expenses(6)(6) 
Operating income:363237
Nonoperating income
(Investment Income, Nonoperating)
00 
Interest and debt expense(8)(9)(11)
Income from continuing operations before income taxes:282326
Income tax expense(2)(2) 
Income before gain (loss) on sale of properties:252026
Other undisclosed net loss(14)(10) 
Net income:111026
Other undisclosed net loss attributable to parent(0)(0)(40)
Net income (loss) available to common stockholders, diluted:1110(14)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
Net income:111026
Other comprehensive income (loss)54(4)
Comprehensive income:161422
Other undisclosed comprehensive loss, net of tax, attributable to parent(10)(0)(33)
Comprehensive income (loss), net of tax, attributable to parent:614(10)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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