Quarterly ResultMay 8, 2026, 12:31 PM
Hawthorn Bancshares Q1 Net Income $5.74M; EPS $0.83
AI Summary
Hawthorn Bancshares reported a net income of $5.74 million for the first quarter of 2026, an increase from $5.38 million in the prior year. Basic earnings per share rose to $0.83 from $0.77. The company also filed a universal shelf registration statement for up to $150 million to provide financial flexibility and recorded a $1.9 million financing obligation from a failed sale-leaseback transaction. Total assets decreased to $1.86 billion from $1.89 billion at year-end 2025.
Key Highlights
- Net income for Q1 2026 increased to $5.74 million from $5.38 million in Q1 2025.
- Basic earnings per share rose to $0.83 in Q1 2026 from $0.77 in Q1 2025.
- Total assets decreased to $1.86 billion at March 31, 2026, from $1.89 billion at December 31, 2025.
- Total deposits decreased to $1.52 billion at March 31, 2026, from $1.55 billion at December 31, 2025.
- Loans held for investment decreased to $1.45 billion at March 31, 2026, from $1.49 billion at December 31, 2025.
- Net interest income increased to $17.10 million in Q1 2026 from $15.29 million in Q1 2025.
- Company filed a universal shelf registration for up to $150 million, effective July 2, 2025.
- Recorded a $1.9 million financing obligation from a failed sale-leaseback transaction.
Price Impact
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