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AI brief of an SEC Form 8-K · HAWTHORN BANCSHARES, INC. (HWBK)

Hawthorn Bancshares completes merger with FSC Bancshares, adding Farmers State Bank

Neutral Impact 4 of 5 m&a Written later

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.

Key points

  • 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.

The filing

CompanyHAWTHORN BANCSHARES, INC. (HWBK)
Form8-K, current report
Filed with the SECSep 4, 2026, 9:40 AM ET
Accession number0000893847-26-000091

Items reported: 2.01 Acquisition or Disposition Completed7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.