---
title: "Richmond Mutual Bancorporation, Inc. Announces Merger with Farmers Bancorp"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/272747746.md"
description: "Richmond Mutual Bancorporation, Inc. has announced a strategic merger with Farmers Bancorp, effective January 15, 2026. This merger will create a community bank with $2.6 billion in assets and 24 branches, expected to deliver approximately 35% EPS accretion post-merger. Leadership will include Garry Kleer as CEO and Chris Cook as President. The merger aims to enhance product offerings and increase lending limits, with a closing anticipated in early Q2 2026, pending approvals."
datetime: "2026-01-15T21:23:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272747746.md)
  - [en](https://longbridge.com/en/news/272747746.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272747746.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/272747746.md) | [繁體中文](https://longbridge.com/zh-HK/news/272747746.md)


# Richmond Mutual Bancorporation, Inc. Announces Merger with Farmers Bancorp

**On January 15, 2026, Richmond Mutual Bancorporation, Inc. announced a strategic merger with Farmers Bancorp.**

**Key Highlights:**

-   Merger creates a $2.6B asset community bank with 24 branches.
-   Expected to deliver ~35% EPS accretion post-merger.
-   Leadership includes Garry Kleer as CEO and Chris Cook as President.
-   Merger enhances product offerings and increases lending limits.
-   Closing expected in early Q2 2026, subject to approvals.

Original SEC Filing: Richmond Mutual Bancorporation, Inc. \[ RMBI \] - 8-K - Jan. 15, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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