HAWTHORN BANCSHARES, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | $32.8M | $10.5M | $5.9M |
| Pretax income | $29.1M | $22.4M | $432,000 | $25.1M | $28.2M |
| Income tax expense | $5.3M | $4.1M | -$524,000 | $4.3M | $5.7M |
| Net income | $23.8M | $18.3M | $956,000 | $20.8M | $22.5M |
| Balance Sheet | |||||
| Cash and equivalents | $104.3M | $51.0M | $93.5M | $83.7M | $159.9M |
| Total assets | $1.9B | $1.8B | $1.9B | $1.9B | $1.8B |
| Total liabilities | $1.7B | $1.7B | $1.7B | $1.8B | $1.7B |
| Stockholders' equity | $174.2M | $149.5M | $136.1M | $127.4M | $149.0M |
| Cash Flow Statement | |||||
| Cash from operations | $26.9M | $25.6M | $17.6M | $20.3M | $30.2M |
| Depreciation and amortization | $2.3M | $1.7M | $2.2M | $2.3M | $2.3M |
| Stock-based compensation | $392,000 | $184,000 | $42,000 | $0 | $0 |
| Capital expenditure | $4.1M | $3.0M | $2.1M | $2.6M | $591,000 |
| Free cash flow | $22.8M | $22.6M | $15.5M | $17.7M | $29.6M |
| Dividends paid | $5.4M | $5.0M | $4.6M | $4.2M | $3.6M |
| Share repurchases | $2.9M | $1.1M | $0 | $2.9M | $2.1M |
Shares outstanding 6.9M · Free float 63.5%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.