Richmond Mutual Bancorporation, Inc.

FOR IMMEDIATE RELEASESeptember 11, 202625 Years Later: Remembering September 11 and the National Unity that Followed FBMW honors the lives lost, the courage shown and the spirit of unity that brought Americans together in the aftermath of September 11, 2001RICHMOND, INDIANA — First Bank Midwest joins communities across the nation today in solemn remembrance of the 25th anniversary of the terrorist attacks of September 11, 2001, honoring the nearly 3,000 lives lost and recognizing the countless individuals whose lives were forever changed by the events of that day.Twenty-five years later, September 11 remains a defining moment in our nation’s history. We remember the innocent lives lost in New York City, at the Pentagon and aboard Flight 93 in Pennsylvania. We honor the firefighters, police officers, emergency personnel, members of the military and ordinary citizens who responded with extraordinary courage, many placing the lives of others before their own.We also remember what followed.In the hours and days after unimaginable tragedy, Americans came together. Communities supported one another, neighbors cared for neighbors, and differences that too often divide us gave way to a shared sense of compassion, resilience and common purpose.“Twenty-five years later, many of us can still remember exactly where we were when we learned what was happening on September 11,” said Chris Cook, President and CEO of First Bank Midwest. “We remember the tremendous loss and heartbreak of that day, but we should also remember the remarkable courage, compassion and unity that followed. For a time, we were simply Americans, standing together and supporting one another. As we honor those whose lives were lost or forever changed, I hope we also carry forward that spirit of unity and remember the strength that can be found when we choose to care for one another and work toward a common purpose.”For First Bank Midwest, the anniversary is also an opportunity to recognize the important role communities play during moments of both hardship and hope. As a community bank serving communities throughout Indiana and Ohio, First Bank Midwest remains committed to strengthening relationships, serving its neighbors and contributing to the places its employees and customers call home.On this 25th anniversary, First Bank Midwest encourages its employees, customers and communities to pause and remember those who were lost, honor those who answered the call to serve, and reflect upon the unity and compassion that emerged from one of our nation’s darkest days.Today, we remember September 11, 2001. We honor the lives lost. And we carry forward the spirit of unity that followed.# # #About First Bank MidwestFirst Bank Midwest is a community bank serving customers through 26 full-service locations across Indiana and Ohio, committed to delivering relationship-focused banking, local decision-making, and personalized financial solutions for individuals, families, businesses, and the communities it proudly serves. First Bank Midwest operates under the parent company Richmond Mutual Bancorporation, Inc., which trades on the NASDAQ under the ticker symbol RMBI. Richmond Mutual Bancorporation,

FOR IMMEDIATE RELEASE MERGER BETWEEN RICHMOND MUTUAL BANCORPORATION, INC. ANDTHE FARMERS BANCORP, FRANKFORT, INDIANA RECEIVES SHAREHOLDER APPROVALRICHMOND, IN – May 27, 2026 – Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (“Richmond Mutual”) and The Farmers Bancorp, Frankfort, Indiana (OTCPK: FABP) (“Farmers Bancorp”) today jointly announced that they each received the necessary shareholder approval for the consummation of their planned merger. Farmers Bancorp’s shareholders approved the merger agreement and related transactions at its special meeting of shareholders held on May 26, 2026. Richmond Mutual’s shareholders approved the merger agreement and the issuance of its shares in the transaction at its annual meeting of shareholders held on May 27, 2026. Richmond Mutual previously announced the receipt of all required bank regulatory approvals for the merger of Richmond Mutual and Farmers Bancorp, as well as the merger of Farmers Bancorp’s bank subsidiary, The Farmers Bank, into Richmond Mutual’s bank subsidiary, First Bank Richmond. The transaction is expected to be completed on or around the end of the second quarter of 2026, subject to satisfaction of customary closing conditions.Upon completion of the merger, Farmers Bancorp shareholders will be entitled to receive 3.40 shares of Richmond Mutual common stock for each share of Farmers Bancorp common stock they own. The exchange ratio is fixed, and the transaction is expected to qualify as a tax-free exchange for Farmers Bancorp’s shareholders.The combined company will continue to trade on the Nasdaq Capital Market under the ticker symbol "RMBI." The holding company will operate under the name "Richmond Mutual Bancorporation, Inc.," and the combined bank will operate under the new name “First Bank Midwest.” The administrative headquarters of the combined company will be located in Richmond, Indiana, and the administrative headquarters of the combined bank will be located in Frankfort, Indiana.About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville, Cambridge City and Shelbyville, Indiana, its six locations in Columbus, Sidney, Piqua and Troy, Ohio. About The Farmers Bancorp, Frankfort, Indiana The Farmers Bancorp, Frankfort, Indiana operates as the financial holding company for The Farmers Bank. Founded in 1876, The Farmers Bank is a full-service financial institution based in Clinton County, Indiana. In addition to its main office at 9 East Clinton Street, Frankfort, Indiana, the Bank operates a loan production office in Carmel and branches in Fishers, Frankfort, Kirklin, Lebanon, Michigantown, Mulberry, Noblesville, Rossville, Sheridan, Tipton and Westfield.Cautionary Statement Regarding Forward-Looking InformationThis news release contains "forward-looking statements" as defined in the

FOR IMMEDIATE RELEASEMay 5, 2026 First Bank Richmond, Mutual Federal, a division of First Bank Richmond, and The Farmers Bank Reveal New Name and Logo: First Bank Midwest RICHMOND, INDIANA and FRANKFORT, INDIANA — First Bank Richmond and The Farmers Bank announced today that, pending shareholder and regulatory approval, the combined organization will operate under the name First Bank Midwest. The new name and official logo are being unveiled as part of this announcement. The combined organization will include all locations of First Bank Richmond, The Farmers Bank, and Mutual Federal, a division of First Bank Richmond, creating a network of 26 full-service banking offices across Indiana and Ohio. Beginning July 1, 2026, the new name will be introduced, with branding updates occurring in phases. For our customers, there are no immediate changes. Their accounts, services, locations, and the people they work with remain the same. As we move forward, any updates will be communicated clearly and designed to enhance the overall banking experience. First Bank Midwest will continue to operate under the parent company Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI), headquartered in Richmond, Indiana, with the bank headquartered in Frankfort, Indiana. “Our focus remains on delivering the same local service and strong relationships our customers expect,” said Garry Kleer, Chairman & CEO of First Bank Richmond. “This merger strengthens our ability to serve our communities while maintaining the personal approach that defines community banking.” Customers will receive additional updates as the transition progresses over the coming months.   For questions, customers may contact: mergerquestions@firstbankrichmond.com   DOWNLOAD PDF VERSION     About First Bank Richmond First Bank Richmond is a community-oriented financial institution headquartered in Richmond, Indiana. First Bank Richmond provides full banking services to individuals and businesses through its eight branches located in Indiana and six branches in Ohio. The Ohio offices currently operate as Mutual Federal, a division of First Bank Richmond. Member FDIC. Equal Housing Lender.    

  FOR IMMEDIATE RELEASE Mutual Federal Opens New Columbus Banking CenterCommunity-focused bank expands presence with full-service location in Grandview Yard Columbus, Ohio – October 31, 2025 – Mutual Federal, a division of First Bank Richmond, announced the official opening of its new Columbus Banking Center on October 31, 2025. The new full-service location brings relationship-focused community banking to the Columbus region, offering a broad range of consumer, mortgage, and business banking services backed by modern digital tools. Located at 861 Yard Street, Columbus, OH 43212 in the Grandview Yard/Grandview Heights/Upper Arlington corridor, the Columbus Banking Center provides in-branch financial expertise paired with modern conveniences such as online account opening, mobile banking, enhanced digital services, and a 24-hour walk-up ATM. “We’re excited to officially open our doors in Columbus,” said Bill Daily, Ohio Market President. “Mutual Federal has a long history of serving communities with personalized, relationship-centered banking. Expanding into Columbus allows us to bring that same trusted approach to one of Ohio’s most dynamic markets.” The Columbus Banking Center provides: Personal checking, savings, and certificates of deposit Business accounts and comprehensive treasury management services Home loans, home equity lines of credit, and consumer lending Digital banking with online account opening Local decision-making from an experienced Columbus-based team 24-hour ATM access at the branch Banking Center hours are Monday through Friday, 9:00 a.m. to 5:00 p.m. “In every market we serve, our mission is to be more than just a bank,” said Daily. “Columbus is growing quickly, and we are committed to growing with it — through financial services, community partnerships, and local engagement.” In addition to offering full-service banking, Mutual Federal will continue its community-forward commitment through local partnerships, sponsorships, and volunteer support across central Ohio. For more information about the Columbus Banking Center or to open an account online, visit www.mutualfederal.com or call (614) 987-6749.

SIDNEY, OHIO — July 21, 2025 — Mutual Federal, a division of First Bank Richmond, is pleased to announce the addition of Eric LaPrad as Director of Healthcare Lending. Based in Columbus, Mr. LaPrad brings nearly 20 years of specialized banking experience, with a strong track record in SBA lending focused on dental and medical professionals. In his new role, Mr. LaPrad will help clients across the region navigate SBA financing options for the acquisition, development, and refinance of commercial real estate. His expertise supports Mutual Federal’s commitment to delivering personalized financial solutions to healthcare professionals and small businesses. Mr. LaPrad began his banking career in 2004 after attending The Ohio State University, joining MBNA Practice Solutions. After the company was acquired by Bank of America, he spent over a decade in various leadership roles, including managing the Practice Finance Commercial Real Estate department, launching the Practice Banking division, and serving as a Regional Sales Manager for a multi-state territory. Under his leadership, the Mid-South region became one of the top-performing markets nationwide, with over 500 dental offices financed. Following his tenure at Bank of America, Mr. LaPrad founded a financial consulting firm dedicated exclusively to the dental industry, providing tailored solutions for real estate financing, practice acquisitions, equipment loans, and working capital. His firm built a national referral network of over 50 SBA lenders before being successfully sold. “I’m excited to join the Mutual Federal team and bring my passion for supporting healthcare professionals to a bank that values relationships and community impact,” said LaPrad. “Helping dentists and medical professionals achieve practice ownership and long-term growth has been the focus of my career, and I look forward to continuing that mission here in Columbus and beyond.” Leadership at Mutual Federal shares LaPrad’s enthusiasm and recognizes the opportunity ahead. “Eric’s consultative approach, industry depth, and proven track record make him a perfect fit for our team,” said Bill Daily, President Western Ohio. “His ability to build lasting relationships and deliver tailored SBA solutions is exactly the kind of experience we want to bring to our healthcare and small business clients across Ohio.”

SIDNEY, OHIO — June 23, 2025 — Mutual Federal, a division of First Bank Richmond, is pleased to announce the hiring of Tanya Bennett as Vice President Retail Branch Administrator, a key leadership role overseeing all aspects of the bank’s retail sales operations and branch performance. In this position, Bennett will be responsible for leading the strategic direction of retail banking across all Mutual Federal locations, focusing on sales growth, customer experience, employee development, and operational excellence. This role is critical in aligning retail initiatives with the bank’s mission to provide exceptional service and community-focused banking. “Tanya brings an impressive background in retail banking and a results-driven approach to team leadership,” said Bill Daily, President Western Ohio. “Her deep understanding of retail strategy, combined with a passion for service and mentorship, will play a vital role in helping us grow stronger relationships with our customers and communities.” With over 22 years of experience in financial services, Bennett has held various leadership roles across branch administration, sales performance, and customer service excellence. Her hands-on leadership style and commitment to innovation will help further Mutual Federal’s goal of delivering high-quality, community-focused financial solutions. “I’m excited to join Mutual Federal and contribute to a bank that’s truly invested in the success of its customers and communities,” said Bennett. “I look forward to working with our talented team to elevate the retail experience and continue building meaningful relationships with those we serve.”

Mutual Federal, a division of First Bank Richmond, is pleased to announce the appointment of Bill Daily as Market President for Western Ohio, effective April 1, 2025. In this role, Daily will lead strategic growth efforts across the region, further strengthening the bank’s presence and building upon the strong foundation established in 1922. Daily brings more than 30 years of banking and leadership experience to the organization. Most recently, he served as Chief Executive Officer, Director, and Founder of Riverside Bank of Dublin, a de novo institution based in Dublin, Ohio. His career also includes senior leadership roles at CBUS Financial Partners, First Federal Lakewood, Horizon Bank, and Heartland Bank. “We’re excited to welcome Bill to the Mutual Federal team,” said Garry D. Kleer, CEO and Chairman of the Board. “His deep knowledge of the Ohio market, proven leadership, and strategic background make him the ideal person to guide our continued expansion in the region.” Daily holds a Bachelor of Arts in Economics from Indiana University and a Master of Business Administration from Webster University. He has also completed advanced banking programs at the Graduate School of Banking at the University of Wisconsin and the Graduate Agriculture Banking School at Purdue University. With a strong foundation in financial services and a passion for community banking, Daily brings valuable insight that will help shape the future of Mutual Federal and support continued growth throughout Western Ohio.

Sidney, Ohio – Mutual Federal, A division of First Bank Richmond would like to announce the upcoming retirement of Dean Weinert, Market President, on April 11, 2025. A dedicated leader and advocate for community banking, Weinert has played an instrumental role in the organization’s growth and success since joining in 2010. Over the past 15 years, Weinert’s leadership has strengthened the bank’s presence in Ohio, particularly through the Mutual Federal/First Bank Richmond merger and the expansion into key markets, including Columbus. His commitment to relationship banking and community involvement has left a lasting impact on both the institution and the communities it serves. "Dean’s passion for community banking and his ability to build strong relationships have been pivotal to our success,” said Chairman/CEO Garry D. Kleer. "His leadership and vision have positioned us for continued growth, and we are grateful for his years of dedicated service." Weinert’s retirement marks the conclusion of a distinguished banking career spanning decades. As he steps into this new chapter, Mutual Federal extends its deepest gratitude for his contributions and leadership. Please join us in celebrating Dean Weinert’s remarkable career and wishing him the very best in his well-earned retirement.

Sidney, Ohio – Mutual Federal, A division of First Bank Richmond is proud to announce that Dean W. Weinert was awarded the Triangle of Honor Award by the Sidney-Shelby County YMCA on Thursday, October 19, 2023.

  Richmond, Indiana – First Bank Richmond announced today that they made contributions on behalf