Correction See Of Press Release Asserting Richmond Mutual Bancorporation, Inc. 2020 Fourth Quarter And Total Yr Money Effects

RICHMOND, Ind., Jan. 29, 2021 /PRNewswire/ — Richmond Mutual Bancorporation, Inc., a Maryland company (the “Company”) (NASDAQ: RMBI), dad or mum enterprise of Very first Financial institution Richmond (the “Bank”), these days declared a correction to its earnings release issued on Thursday, January 28, 2021 entitled, “Richmond Mutual Bancorporation, Inc. Announces 2020 Fourth Quarter and Whole Yr Financial Success.”

In the earnings release, the date “January 28, 2020”, which appeared a few instances, was misstated and ought to have read through “January 28, 2021″.

About Richmond Mutual Bancorporation, Inc.

Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding firm for 1st Lender Richmond, a local community-oriented economic institution featuring classic money and have confidence in products and services in just its nearby communities by way of its 8 locations in Richmond, Centerville, Cambridge City and Shelbyville, Indiana, its 5 places in Sidney, Piqua and Troy, Ohio and its bank loan production business in Columbus, Ohio.

Ahead-On the lookout STATEMENTS:

This document and other filings by the Enterprise with the Securities and Exchange Fee (the “SEC”), as well as press releases or other public or stockholder communications introduced by the Corporation, may possibly comprise ahead-seeking statements, like, but not confined to, (i) statements regarding the economic issue, final results of functions and enterprise of the Business, (ii) statements about the Company’s ideas, targets, expectations and intentions and other statements that are not historical specifics and (iii) other statements identified by the phrases or phrases “will probably consequence,” “are anticipated to,” “will continue on,” “is anticipated,” “estimate,” “project,” “intends” or equivalent expressions that are meant to identify “forward-seeking statements”, in just the that means of the Private Securities Litigation Reform Act of 1995. These ahead-wanting statements are based on present-day beliefs and expectations of the Company’s management and are inherently subject to major business enterprise, economic and aggressive uncertainties and contingencies, many of which are outside of the Company’s manage. In addition, these forward-wanting statements are matter to assumptions with regard to upcoming business enterprise techniques and conclusions that are matter to change.

The adhering to factors, amongst other individuals, could trigger real success to differ materially from the expected final results or other expectations expressed in the forward-searching statements: the effect of the COVID-19 pandemic, such as on the Company’s credit history high quality and enterprise functions, as nicely as its affect on normal economic and fiscal marketplace situations and other uncertainties this sort of as the extent and length of the impression of the pandemic on general public health, the U.S. and worldwide economies, and on customer and corporate clients, including financial activity, employment stages and market liquidity legislative changes changes in policies by regulatory agencies fluctuations in fascination premiums the pitfalls of lending and investing routines, such as alterations in the amount and way of mortgage delinquencies and publish-offs and adjustments in estimates of the adequacy of the allowance for personal loan losses the Company’s means to obtain value-efficient funding fluctuations in true estate values and both residential and commercial true estate current market conditions demand for financial loans and deposits in the Company’s current market area adjustments in management’s business enterprise techniques changes in the regulatory and tax environments in which the Organization operates and other variables established forth in the Company’s filings with the SEC.

The factors shown higher than could materially have an impact on the Company’s economical overall performance and could induce the Company’s true results for long term intervals to vary materially from any views or statements expressed with regard to upcoming periods in any existing statements.

The Company does not undertake – and specifically declines any obligation – to publicly launch the outcome of any revisions which may well be built to any forward-hunting statements to replicate occasions or situations following the date of these kinds of statements or to replicate the event of expected or unanticipated events. When looking at forward-hunting statements, preserve in mind these pitfalls and uncertainties. Undue reliance ought to not be put on any ahead-on the lookout assertion, which speaks only as of the day made. Refer to the Company’s periodic and present-day reports submitted with the SEC for distinct threats that could result in precise benefits to be appreciably various from these expressed or implied by any ahead-on the lookout statements.

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