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The Farmers Bancorp, Frankfort, Indiana

FABP/Richmond Mutual Bancorporation, Inc.RMBI

Richmond Mutual to acquire Farmers Bancorp in stock merger

$85MStockVote Scheduledhigh confidence

Key takeaways

  • Richmond Mutual Bancorporation, Inc. acquires The Farmers Bancorp, Frankfort, Indiana — $85M aggregate (stock).

Merger Arbeconomics, downside, days

Deal value

$85M

stock

Per-share offer

Premium

Days to close

Term fee

ConsiderationStock
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

    May 27, 2026

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required51d post-vote
Vote dateMay 27, 2026
Record date
Mailing date
Record → vote
Threshold
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups

No closing-condition data extracted.


Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

Acquirer side· Richmond Mutual Bancorporation, Inc.

Legal

Martin L. Meyrowitz, P.C.

  • · James S. Fleischer
James S. Fleischer, Esquire Martin L. Meyrowitz, P.C. Silver, Freedman, Taff & Tiernan LLP 3299 K Street, N.W. Suite 100 Washington, DC 20007

Silver, Freedman, Taff & Tiernan LLP

  • · James S. Fleischer
James S. Fleischer, Esquire Martin L. Meyrowitz, P.C. Silver, Freedman, Taff & Tiernan LLP 3299 K Street, N.W. Suite 100 Washington, DC 20007

Target side· The Farmers Bancorp, Frankfort, Indiana

Legal

Amundsen Davis LLC

  • · John Tanselle
John Tanselle, Esquire Amundsen Davis LLC 201 North Illinois Street, Suite 1400 Capital Center, South Tower Indianapolis, Indiana 46204

Counterparty Historyprior deals in DB
FirmRoleSideDeals in DB
Silver, Freedman, Taff & Tiernan LLPLegalAcquirer2View deals →
Amundsen Davis LLCLegalTarget2View deals →
Martin L. Meyrowitz, P.C.LegalAcquirer1View deals →

Filing Timelineevery filing on this issuer
  1. Apr 24, 2026

    Richmond Mutual to acquire Farmers Bancorp in $82.4M stock deal

  2. Apr 24, 2026this filing

    Richmond Mutual to acquire Farmers Bancorp in stock merger


Filing Trailcross-reference table
DateFormSectionHeadlineStatus
Apr 24, 2026definitiveRichmond Mutual to acquire Farmers Bancorp in $82.4M stock dealproxy_filed

Comparablessimilar size band, definitive
AnnouncedTargetAcquirerValueConsid.PremiumTerm Fee %
Apr 24, 2026The Farmers Bancorp, Frankfort, Indiana(FABP)Richmond Mutual Bancorporation, Inc.$82Mstock
Apr 24, 2026Adirondack Bancorp, Inc.Arrow Financial Corporation$89Mmixed
Apr 30, 2026Carbonium Core, Inc.TOMI Environmental Solutions, Inc.$120Mstock
Apr 24, 2026M2i Global, Inc.Volato Group, Inc.$33Mstock
Apr 24, 2026Ace Green Recycling, Inc.Athena Technology Acquisition Corp. II$250Mstock
Apr 24, 2026M2i Global, Inc.Volato Group, Inc.$29Mstock
Apr 24, 2026Cantor Equity Partners II, Inc.Securitize Holdings, Inc.$225Mmixed
Apr 28, 2026Jackson Supply CompanyWatsco, Inc.$230M

Sources

Richmond Mutual Bancorporation, Inc. agreed to acquire The Farmers Bancorp, Frankfort, Indiana in an all-stock merger announced November 11, 2025, with Farmers Bancorp shareholders receiving 3.40 shares of Richmond Mutual common stock per share owned. The combined company will have approximately $2.6 billion in total assets with a market capitalization of approximately $224.7 million and operate 25 branches across Central and East Central Indiana and Western and Central Ohio. Shareholder votes are scheduled for May 26, 2026 (Farmers Bancorp special meeting) and May 27, 2026 (Richmond Mutual annual meeting).

Item id: 0a09357f-9ad4-4121-972f-bd4d0bcf2a71 · ingested Apr 24, 2026