Hawthorn Bancshares, Inc. filed its Form 10-Q with the SEC on November 9, 2026, reporting unaudited financial results for the quarterly period ended September 30, 2026, including net income of $7.062 million and total assets of $2.141 billion.

Key Highlights

  • Net income of $7.062 million for the three months ended September 30, 2026, compared with $6.132 million for the same period in 2025, according to the filing.
  • Diluted earnings per share of $1.01 for the third quarter of 2026, up from $0.88 in the third quarter of 2025, as reported in the filing.
  • Total assets reached $2.141 billion at September 30, 2026, compared with $1.895 billion at December 31, 2025, the filing disclosed.
  • Net interest income of $19.290 million for the third quarter of 2026, up from $16.865 million in the same quarter of 2025, per the filing.
  • Loans held for investment grew to $1.690 billion at September 30, 2026, from $1.487 billion at December 31, 2025, according to the balance sheet.
  • Total deposits increased to $1.791 billion at September 30, 2026, from $1.554 billion at December 31, 2025, the filing stated.
  • Shares outstanding were 7,315,290 as of November 9, 2026, as indicated on the cover page of the filing.

Hawthorn Bancshares Reports Q3 2026 Financial Results on Balance Sheet Expansion

Hawthorn Bancshares, Inc. (NASDAQ:HWBK), a Missouri-based bank holding company headquartered at 132 East High Street, Jefferson City, Missouri, reported net income of $7.062 million for the three months ended September 30, 2026, according to its quarterly filing. This compares with net income of $6.132 million for the three months ended September 30, 2025. For the nine months ended September 30, 2026, the company disclosed net income of $20.131 million, versus $17.616 million for the same period in 2025. Basic earnings per share for the third quarter were $1.01, while diluted earnings per share were also $1.01, the filing reported.

The company's total assets grew to $2.141 billion at September 30, 2026, from $1.895 billion at December 31, 2025, the filing disclosed. The increase was driven in part by growth in loans held for investment, which rose to $1.690 billion from $1.487 billion over the same period. The allowance for credit losses stood at $24.443 million at September 30, 2026, compared with $21.111 million at December 31, 2025. Total deposits climbed to $1.791 billion from $1.554 billion, the balance sheet showed. Goodwill and other intangible assets, net, were listed at $25.999 million at September 30, 2026, compared with zero at December 31, 2025, suggesting acquisition activity during the period, though the filing's body detail was not fully included in the extracted text.

Total non-interest expense for the third quarter of 2026 was $14.945 million, compared with $12.821 million for the third quarter of 2025, according to the income statement. Processing, network, and bank card expense increased to $2.602 million from $1.372 million year-over-year for the quarter, and legal, examination, and professional fees rose to $896 thousand from $470 thousand. Total stockholders' equity was $191.040 million at September 30, 2026, up from $174.229 million at December 31, 2025. Accumulated other comprehensive loss, net of tax, widened to $(18.899) million from $(3.613) million, reflecting changes in unrealized losses on available-for-sale securities, the filing noted.

What Was Disclosed

Hawthorn Bancshares filed a Form 10-Q for the quarter ended September 30, 2026, disclosing unaudited consolidated balance sheets, income statements, comprehensive income statements, and stockholders' equity statements, along with notes to the financial statements and management's discussion and analysis.