Richmond Mutual And The Farmers Bancorp Merge To Form A $2.6 Billion Community Banking Leader
By Amit Chowdhry ● Nov 12, 2025
Richmond Mutual, the holding company of First Bank Richmond, and The Farmers Bancorp (OTCPK: FABP), the holding company of The Farmers Bank, announced that they have entered into a definitive merger agreement valued at approximately $82 million. Under the agreement, Farmers Bancorp will merge with and into Richmond Mutual in an all-stock transaction valued at $44.71 per share of Farmers Bancorp common stock, based on Richmond Mutual’s closing share price of $13.15 on November 10, 2025.