The Farmers Bancorp, Frankfort, Indiana
FABP/Richmond Mutual Bancorporation, Inc.RMBIRichmond Mutual to acquire Farmers Bancorp in $82.4M stock deal
Key takeaways
- Richmond Mutual Bancorporation, Inc. acquires The Farmers Bancorp, Frankfort, Indiana — $82M aggregate (stock).
Deal value
$82M
stock
Per-share offer
—
Premium
—
Days to close
—
Term fee
—
Announced
Apr 24, 2026
Preliminary Proxy
—
Definitive Proxy
—
Record date
—
Shareholder vote
—
Expected close
—
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.
No closing-condition data extracted.
No competing-bidder, activist, or dissident-proxy signals in the database for this target.
Acquirer side· Richmond Mutual Bancorporation, Inc.
Legal
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
- · John Tanselle
“John Tanselle, Esquire Amundsen Davis LLC 201 North Illinois Street, Suite 1400 Capital Center, South Tower Indianapolis, Indiana 46204”
| Firm | Role | Side | Deals in DB | |
|---|---|---|---|---|
| Silver, Freedman, Taff & Tiernan LLP | Legal | Acquirer | 2 | View deals → |
| Amundsen Davis LLC | Legal | Target | 2 | View deals → |
- Apr 24, 2026this filing
Richmond Mutual to acquire Farmers Bancorp in $82.4M stock deal
- Apr 24, 2026
| Date | Form | Section | Headline | Status |
|---|---|---|---|---|
| Apr 24, 2026 | — | definitive | Richmond Mutual to acquire Farmers Bancorp in stock merger | vote_scheduled |
| Announced | Target | Acquirer | Value | Consid. | Premium | Term Fee % |
|---|---|---|---|---|---|---|
| Apr 24, 2026 | The Farmers Bancorp, Frankfort, Indiana(FABP) | Richmond Mutual Bancorporation, Inc. | $85M | stock | — | — |
| Apr 24, 2026 | Adirondack Bancorp, Inc. | Arrow Financial Corporation | $89M | mixed | — | — |
| Apr 30, 2026 | Carbonium Core, Inc. | TOMI Environmental Solutions, Inc. | $120M | stock | — | — |
| Apr 24, 2026 | M2i Global, Inc. | Volato Group, Inc. | $33M | stock | — | — |
| Apr 24, 2026 | M2i Global, Inc. | Volato Group, Inc. | $29M | stock | — | — |
| Apr 24, 2026 | Cantor Equity Partners II, Inc. | Securitize Holdings, Inc. | $225M | mixed | — | — |
| Apr 28, 2026 | Jackson Supply Company | Watsco, Inc. | $230M | — | — | — |
Richmond Mutual Bancorporation, Inc. agreed to acquire The Farmers Bancorp, Frankfort, Indiana in an all-stock merger announced November 11, 2025. Under the merger agreement, Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual common stock for each share owned, representing approximately $44.71 per share based on November 11, 2025 closing price and $82.4 million in aggregate consideration. The combined entity will operate as Richmond Mutual Bancorporation with approximately $2.6 billion in total assets across 25 branches in Central and East Central Indiana and Western and Central Ohio.