Stocks · News reference
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced the completion of its merger with FSC Bancshares, Inc. and the integration of Farmers State Bank into Hawthorn Bank, effective September 3, 2026. The combined entity now has approximately $2.2 billion in total assets and operates 27 banking locations across Missouri and Kansas. Customer conversion is anticipated in Q1 2027.
Filed: 2026-09-04 AccNo: 0000893847-26-000091 Size: 206 KB Item 2.01: Completion of Acquisition or Disposition of Assets Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Hawthorn Bancshares reported Q2 2026 net income of $7.3 million ($1.06 EPS), up 20.1% year-over-year. The company improved its net interest margin to 4.16% and efficiency ratio to 60.66%. However, loans and deposits both declined sequentially, and non-performing assets increased. The Board approved a $0.21 quarterly dividend and increased share repurchase authorization to $10 million.
Hawthorn Bancshares, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.21 per common share, payable on October 1, 2026 to shareholders of record as of September 15, 2026.