Richmond Mutual Bancorporation Merges With Farmers Bancorp to Form a $2.6 Billion Community Bank

November 12, 2025

Richmond Mutual Bancorporation, Inc. entered into a definitive all-stock merger agreement under which The Farmers Bancorp will merge with and into Richmond Mutual. The deal is valued at approximately $82 million, or $44.71 per share of Farmers Bancorp common stock, and is expected to close in early Q2 2026 pending regulatory and shareholder approvals.

Buyers
Richmond Mutual Bancorporation, Inc.
Targets
The Farmers Bancorp
Location
Indiana, United States
Transaction Type
Buyout

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