May 25, 2024


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Correction Detect Of Press Launch Announcing Richmond Mutual Bancorporation, Inc. 2020 Fourth Quarter And Complete 12 months Money Benefits

RICHMOND, Ind., Jan. 29, 2021 /PRNewswire/ — Richmond Mutual Bancorporation, Inc., a Maryland company (the “Company”) (NASDAQ: RMBI), mother or father business of Initially Lender Richmond (the “Bank”), today introduced a correction to its earnings launch issued on Thursday, January 28, 2021 entitled, “Richmond Mutual Bancorporation, Inc. Announces 2020 Fourth Quarter and Full Year Financial Success.”

In the earnings release, the day “January 28, 2020”, which appeared three times, was misstated and should have read through “January 28, 2021″.

About Richmond Mutual Bancorporation, Inc.

Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for 1st Bank Richmond, a group-oriented economical establishment giving classic monetary and trust providers inside of its local communities by means of its eight locations in Richmond, Centerville, Cambridge Town and Shelbyville, Indiana, its five destinations in Sidney, Piqua and Troy, Ohio and its loan creation business in Columbus, Ohio.

Forward-On the lookout STATEMENTS:

This document and other filings by the Corporation with the Securities and Trade Commission (the “SEC”), as properly as press releases or other general public or stockholder communications unveiled by the Firm, may have forward-searching statements, which include, but not constrained to, (i) statements regarding the fiscal condition, results of operations and company of the Organization, (ii) statements about the Company’s ideas, targets, anticipations and intentions and other statements that are not historic details and (iii) other statements recognized by the words or phrases “will probable consequence,” “are expected to,” “will continue on,” “is anticipated,” “estimate,” “project,” “intends” or similar expressions that are intended to establish “forward-looking statements”, inside the which means of the Personal Securities Litigation Reform Act of 1995. These ahead-seeking statements are based mostly on existing beliefs and anticipations of the Company’s management and are inherently matter to sizeable enterprise, financial and competitive uncertainties and contingencies, quite a few of which are beyond the Company’s handle. In addition, these ahead-wanting statements are issue to assumptions with respect to long term business enterprise tactics and selections that are subject matter to modify.

The pursuing variables, between other folks, could cause precise benefits to differ materially from the anticipated effects or other anticipations expressed in the forward-on the lookout statements: the impact of the COVID-19 pandemic, such as on the Company’s credit score top quality and enterprise operations, as well as its impression on common financial and financial current market ailments and other uncertainties this sort of as the extent and duration of the effect of the pandemic on community health and fitness, the U.S. and world wide economies, and on purchaser and company clients, which includes economic action, work levels and market place liquidity legislative variations changes in insurance policies by regulatory agencies fluctuations in curiosity prices the dangers of lending and investing routines, which includes modifications in the degree and path of financial loan delinquencies and write-offs and alterations in estimates of the adequacy of the allowance for mortgage losses the Company’s ability to access price-efficient funding fluctuations in true estate values and each household and commercial serious estate current market conditions demand for loans and deposits in the Company’s market place location improvements in management’s enterprise approaches improvements in the regulatory and tax environments in which the Company operates and other variables set forth in the Company’s filings with the SEC.

The variables listed previously mentioned could materially have an effect on the Company’s fiscal overall performance and could result in the Company’s actual success for future periods to differ materially from any viewpoints or statements expressed with regard to long run durations in any present statements.

The Corporation does not undertake – and specifically declines any obligation – to publicly launch the final result of any revisions which may be designed to any ahead-on the lookout statements to mirror gatherings or instances immediately after the date of these types of statements or to reflect the occurrence of predicted or unanticipated functions. When thinking of forward-seeking statements, keep in thoughts these challenges and uncertainties. Undue reliance should not be placed on any ahead-on the lookout assertion, which speaks only as of the date manufactured. Refer to the Company’s periodic and present stories filed with the SEC for distinct hazards that could trigger precise success to be substantially distinctive from individuals expressed or implied by any forward-on the lookout statements.

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Source Richmond Mutual Bancorporation, Inc.