Hawthorn Bancshares, Inc. (HWBK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	116.4M	112.1M	109.7M	88.0M	83.2M
Cost of Revenue	31.3M	32.1M	37.8M	35.2M	9.6M
Gross Profit	85.1M	79.9M	71.9M	52.8M	73.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	17.1M	28.9M	27.6M	30.5M	28.6M
General & Admin Expense	16.0M	27.8M	26.6M	29.0M	27.1M
Selling & Marketing Expense	1.1M	1.1M	976.0K	1.5M	1.5M
Other Expenses	35.6M	21.9M	22.0M	21.9M	20.0M
Total Operating Expenses	52.7M	50.8M	49.5M	52.4M	48.5M
Cost and Expenses	84.0M	83.0M	87.3M	87.5M	58.1M
Operating Income (EBIT)	32.4M	29.1M	22.4M	432.0K	25.1M
Non-Operating
Interest Income	98.9M	97.7M	94.8M	91.5M	69.0M
Interest Expense	30.2M	31.8M	36.8M	32.8M	10.5M
Net Interest Income	68.7M	65.9M	58.0M	58.7M	58.5M
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	32.4M	29.1M	22.4M	432.0K	25.1M
Income Tax Expense	6.0M	5.3M	4.1M	(524.0K)	4.3M
Bottom Line
Net Income	26.4M	23.8M	18.3M	956.0K	20.8M
Earnings from Cont. Ops	26.4M	23.8M	18.3M	956.0K	20.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	26.4M	23.8M	18.3M	956.0K	20.8M
Per Share
Basic EPS	$3.82	$3.44	$2.61	$0.14	$2.94
Diluted EPS	$3.82	$3.43	$2.61	$0.14	$2.94
Revenue Per Share	$16.85	$16.04	$15.67	$12.50	$11.78
Shares
Basic Shares Outstanding	6.9M	7.0M	7.0M	7.0M	7.1M
Diluted Shares Outstanding	6.9M	7.0M	7.0M	7.0M	7.1M
Profitability Metrics
EBITDA	33.5M	31.3M	24.0M	2.5M	27.2M
D&A	1.1M	2.2M	1.6M	2.1M	2.1M
EBIT	32.4M	29.1M	22.4M	432.0K	25.1M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026