Hawthorn Bancshares, Inc.'s ( NASDAQ:HWBK ) dividend will be increasing to US$0.17 on 1st of July. This makes the...
JEFFERSON CITY, Mo., April 29, 2022 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced today that its Board of Directors approved an increase in the quarterly cash dividend of $0.02 per common share, or 13.3%, to a total of $0.17 per common share, payable July 1, 2022 to shareholders of record at the close of business on June 15, 2022. The board also approved a special stock dividend of 4% per common share payable July 1, 2022 to shareholders of record at the close of busines
First Quarter 2022 Highlights Net income of $6.6 million, or $1.00 per diluted share Net interest margin, fully taxable equivalent ("FTE") of 3.50% Return on average assets and equity of 1.51% and 18.41%, respectively Loans, excluding Small Business Paycheck Protection Program ("PPP") loans, increased $37.9 million, or 2.9%, compared to the linked fourth quarter 2021 (“linked quarter”) Deposits decreased $60.7 million, or 4.0%, compared to the linked quarter JEFFERSON CITY, Mo., April 29, 2022 (