Every material Form 8-K HAWTHORN BANCSHARES, INC. has filed with the SEC since September 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Hawthorn Bancshares reported third quarter 2026 net income of $7.1 million, or $1.01 per diluted share, up from $6.1 million and $0.88 a year earlier, though down 3.6% from the prior quarter. The results include the September 3, 2026 acquisition of FSC Bancshares, which added loans and deposits and $2.0 million of acquisition costs. The board also declared a quarterly cash dividend of $0.21 per share.
Q3 2026 net income was $7.1 million, up 15.2% from the prior year quarter and down 3.6% from the prior quarter; diluted EPS was $1.01 versus $0.88 a year earlier.
Adjusted diluted EPS, a non-GAAP measure that excludes acquisition costs, was $1.23 for the quarter.
Loans held for investment rose to $1.69 billion and deposits to $1.79 billion as of September 30, 2026, mainly due to the FSC Bancshares acquisition completed September 3, 2026.
Quarterly cash dividend of $0.21 per common share, payable January 1, 2027 to shareholders of record on December 15, 2026.
Hawthorn Bancshares disclosed that Jonathan "Jon" Holtaway, a director of the company and Hawthorn Bank since 2019, died on September 4, 2026, at age 55. The company said it was informed on September 8 and issued a press release on September 10, which is filed as Exhibit 99.1. The filing does not describe any change to the company's operations or financial results.
Mr. Holtaway died on September 4, 2026, at age 55.
He had been a member of the Board of Directors since 2019.
The company was informed on September 8, 2026, and issued a press release on September 10, 2026.
Mr. Holtaway was president of Ategra Capital Management, LLC, which he founded in 2005.
Hawthorn Bancshares, Inc. completed its merger with FSC Bancshares, Inc., effective September 3, 2026, and Farmers State Bank merged into Hawthorn Bank. The company says the combined company has total assets of approximately $2.2 billion, and Farmers State Bank customer conversion is expected in the first quarter of 2027. For shareholders, the deal adds FSC's shares to the company's share count through 413,101 newly issued Hawthorn shares and about $13.95 million in cash consideration.
Merger effective September 3, 2026: FSC Bancshares merged into Hawthorn, and Farmers State Bank merged into Hawthorn Bank.
Each FSC share converted into $73.7099 in cash and 2.1823 Hawthorn shares, plus cash in lieu of fractional shares.
Total consideration: 413,101 Hawthorn common shares and $13,953,000 in cash.
Combined total assets of approximately $2.2 billion; Farmers State Bank customer conversion expected in the first quarter of 2027.
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