RICHMOND, Ind., May 21, 2020 /PRNewswire/ -- Richmond Mutual
Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board
of Directors has declared a cash dividend on Richmond Mutual
Bancorporation common stock of $0.05
per share, payable on June 18, 2020
to stockholders of record as of the close of business on
June 4, 2020.
About Richmond Mutual Bancorporation, Inc.
Richmond Mutual Bancorporation, Inc., headquartered in
Richmond, Indiana, is the holding
company for First Bank Richmond, a community-oriented financial
institution offering traditional financial and trust services
within its local communities through its eight locations in
Richmond, Centerville, Cambridge City and Shelbyville, Indiana, its five locations in
Sidney, Piqua and Troy,
Ohio and its loan production office in Columbus, Ohio.
Forward-Looking Statements
Statements in this press release that are not historical facts
may be "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements
often include words such as "believe," "expect," "anticipate,"
"estimate," and "intend" or future or conditional verbs
such as "will," "would," "should," "could," or "may."
Forward-looking statements, by their nature, are subject
to risks and uncertainties that could cause actual results to
differ materially from the results anticipated in such statements,
including the effect of the COVID-19 pandemic on the Company's
credit quality and business operations, as well as its impact on
general economic and financial market conditions and other
uncertainties such as the extent and duration of the impact of the
pandemic on public health, the U.S. and global economies, and on
consumer and corporate customers, employment levels and market
liquidity. In addition, forward-looking statements also are subject
to legislative changes; changes in policies by regulatory agencies;
fluctuations in interest rates; the risks of lending and investing
activities, including changes in the level and direction of loan
delinquencies and write-offs and changes in estimates of the
adequacy of the allowance for loan losses; the Company's ability to
access cost-effective funding; fluctuations in real estate values
and both residential and commercial real estate market conditions;
demand for loans and deposits in the Company's market area; changes
in management's business strategies; changes in the regulatory and
tax environments in which the Company operates; and other factors
set forth in the Company's filings with the SEC.
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SOURCE Richmond Mutual Bancorporation, Inc.