Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. The company accepts various deposits, including savings deposit accounts, money market accounts NOW and demand accounts, and certificates of deposit. It also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans. In addition, the company engages in the lease financing business; and provision of fee-based financial services comprising trust and estate administration, investment management, retirement plan administration, and private banking services. It operates through 12 full service and one limited-service banking offices with seven full-service and one limited-service offices located in Indiana; five offices situated in Ohio; one full-service banking office and four other branch offices are located in Richmond, Indiana; two other offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; two offices in Sidney and Ohio; two offices in Piqua and one office in Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is headquartered in Richmond, Indiana.

Richmond Mutual Bancorporation, Inc.

First Bank Richmond offers personal and business banking services, including checking and savings accounts, loans, and wealth management services. It provides digital banking tools for customers to manage their finances online.

First Bank Richmond

Banking

First Bank Shelbyville

First Bank Richmond | 673 followers on LinkedIn. Doing Great Things Together | First Bank Richmond is a community-oriented financial institution headquartered in Richmond, Indiana. First Bank Richmond provides full banking services to individuals and businesses through its eight branches located in Indiana and five branches and one loan production office in Ohio. The Ohio offices currently operate as Mutual Federal, a division of First Bank Richmond.

President/Chief Operating Officer

Paul Witte

Risk Management & Credit Review, SVP at First Bank Richmond

Niles Richards

Donna B. Spears Proud IU Trustee

Donna B. Spears

Realtor at First Richmond Group

Teresa Kinder

Are you ready for a change? We are ready for you! We are currently in search of candidates to join our team! Sound good? Find a link to our current job openings and information about working at First Bank on our site: https://hubs.la/Q01YwpBW0

Business owners, we know you spend the day juggling everything from managing inventory to taking customer calls. And yet, without the ability for customers to easily pay you, things can come to a screeching halt. Don’t let that happen! Here's how Autobooks can help you get paid: https://hubs.la/Q02Y-RtL0 #BankWhereYouBelong 💙

Today, we are celebrating a milestone anniversary! Pam, Senior Vice President/Retail Lending Manager, has been a member of the First Bank Family for 20 years! Congratulations on the two decades of service, Pam! Here's to many more! #BankWhereYouBelong 💙🎂

Last Friday, November 15th, we proudly attended the 2024 Girls Inc. of Wayne County Signature Event "Paint Her A Better Future." Thank you to Girls Inc. of Wayne County for putting together such an amazing night! #BankWhereYouBelong 💙

Today, we are celebrating a milestone anniversary! Becky, Universal Banker I, has been with us for 30 years! Thank you for everything you do, Becky! Congratulations on this outstanding achievement! #BankWhereYouBelong 💙🎂

Received an unsolicited email or letter demanding money or personal information will be released? Don’t respond and report it to your trusted branch. #FraudTipFriday #BankWhereYouBelong 💙🕶️

Let's all give a warm welcome to Karly as she joins the First Bank family as a Universal Banker I! Karly has prior customer service experience and we are confident that she will make a positive impact on our team! #BankWhereYouBelong 💙

Ready to take control of your holiday spending? This Holiday Budget Coach on our site will help you create a budget that keeps you on track while enjoying the festivities. Check it out here: https://hubs.la/Q02Y4JjT0 #BankWhereYouBelong 💙🎁

Last Friday, we celebrated a milestone anniversary! Brandy, our Human Resources Coordinator & Administrative Supervisor, has been with us for 25 years! Congratulations on a quarter century of service, Brandy! We appreciate everything you do! #BankWhereYouBelong 💙🎂

Have you recently opened a new loan? Beware of unsolicited offers of warranties or vague waiver offers. If you’re unsure, reach out to your trusted branch. #FraudTipFriday #BankWhereYouBelong 💙🕶️

	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	27.79M -	31.63M 13.82%	34.13M 7.90%	40.14M 17.64%	43.53M 8.44%	46.37M 6.52%	72.02M 55.33%
cost of revenue
gross profit	27.79M -	31.63M 13.82%	34.13M 7.90%	40.14M 17.64%	43.53M 8.44%	46.37M 6.52%	72.02M 55.33%
selling and marketing expenses	527.75K -	543.85K 3.05%	823.52K 51.42%	371.75K 54.86%	395.95K 6.51%	459.48K 16.04%
general and administrative expenses	14.70M -	16.03M 8.99%	37.21M 132.19%	17.00M 54.31%	20.79M 22.29%	19.17M 7.81%
selling general and administrative expenses	15.23M -	16.57M 8.79%	38.03M 129.54%	17.37M 54.32%	21.19M 21.95%	19.63M 7.37%
research and development expenses
other expenses	-32.08M -	-33.49M 4.39%	-91.54M 173.34%	-45.02M 50.81%	-51.14M 13.58%	-40.25M 21.29%
cost and expenses	-16.85M -	-16.92M 0.42%	-53.50M 216.25%	-27.65M 48.32%	-29.95M 8.32%	-20.63M 31.14%	61.02M 395.84%
operating expenses	-16.85M -	-16.92M 0.42%	-53.50M 216.25%	-27.65M 48.32%	-29.95M 8.32%	-20.63M 31.14%
interest expense	5.25M -	7.75M 47.66%	11.16M 43.91%	9.39M 15.81%	7.68M 18.22%	10.22M 33.03%	6.94M 32.11%
ebitda	12.16M -	15.82M 30.08%	-18.29M 215.58%	13.96M 176.35%	15.12M 8.28%	27.03M 78.80%
operating income	10.94M -	14.71M 34.48%	-19.38M 231.74%	12.50M 164.48%	13.58M 8.69%	25.74M 89.56%	72.02M 179.77%
depreciation and amortization	1.22M -	1.11M 9.16%	1.09M 1.88%	1.47M 34.39%	1.54M 4.83%	1.29M 16.23%
total other income expenses net	-5.25M -	-7.75M 47.66%				-9.99M -	11.00M 210.10%
income before tax	5.69M -	6.96M 22.31%	-19.38M 378.56%	12.50M 164.48%	13.58M 8.69%	15.75M 15.97%	11.00M 30.13%
income tax expense	2.97M -	1.28M 56.99%	-5.29M 514.04%	2.48M 146.81%	2.44M 1.69%	2.78M 14.29%	1.52M 45.54%
net income	2.72M -	5.68M 109.11%	-14.08M 348.06%	10.02M 171.13%	11.14M 11.25%	12.97M 16.34%	9.49M 26.83%
weighted average shs out	13.03M -	13.03M 0%	12.46M 4.32%	12.26M 1.60%	11.36M 7.40%	12.26M 7.99%	10.40M 15.23%
weighted average shs out dil	13.03M -	13.03M 0%	12.46M 4.32%	12.29M 1.42%	11.63M 5.32%	12.29M 5.62%	10.45M 14.94%
eps	0.21 -	0.44 109.52%	-1.13 356.82%	0.82 172.57%	0.98 19.51%	1.06 8.16%	0.91 14.15%
epsdiluted	0.21 -	0.44 109.52%	-1.13 356.82%	0.82 172.57%	0.96 17.07%	1.06 10.42%	0.91 14.15%

COM:FIRSTBANKRICHMOND

First Bank Richmond

Last Close

13.58

22/11 21:00

Market Cap

127.92M

Beta: -

Volume Today

20.42K

Avg: -

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