The estimated Net Worth of E. Michael Blum is at least $531 millier dollars as of 24 October 2023. Mr. Blum owns over 1,100 units of Richmond Mutual Bancorporation stock worth over $491,300 and over the last 5 years he sold RMBI stock worth over $0. In addition, he makes $39,600 as Independent Director at Richmond Mutual Bancorporation.
E has made over 4 trades of the Richmond Mutual Bancorporation stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 1,100 units of RMBI stock worth $11,231 on 24 October 2023.
The largest trade he's ever made was buying 15,000 units of Richmond Mutual Bancorporation stock on 1 July 2019 worth over $150,000. On average, E trades about 4,220 units every 315 days since 2019. As of 24 October 2023 he still owns at least 38,685 units of Richmond Mutual Bancorporation stock.
You can see the complete history of Mr. Blum stock trades at the bottom of the page.
E. Michael Blum serves as Independent Director of the Company. Mr. Blum, since 1987, is the President and Owner of Bullerdick’s, a furniture and mattress store located in Richmond, Indiana, which has been in business since 1930. He is a member of the Richmond Redevelopment Commission and was a past president and director of Main Street Center City Development, a former community-based nonprofit organization dedicated to the revitalization of the historic downtown area of Richmond, Indiana. Mr. Blum’s years of work with and running Bullerdick’s has provided him with strong leadership, management, financial and administrative skills, which together with his 25 years of service as a bank director, brings valuable knowledge and skills to our organization. In addition, his participation in our local business community for over 30 years brings knowledge of the local economy and business opportunities to First Bank Richmond.
As the Independent Director of Richmond Mutual Bancorporation, the total compensation of E Blum at Richmond Mutual Bancorporation is $39,600. There are 8 executives at Richmond Mutual Bancorporation getting paid more, with Garry D. Kleer having the highest compensation of $532,909.
E Blum is 64, he's been the Independent Director of Richmond Mutual Bancorporation since 1993. There are 10 older and 10 younger executives at Richmond Mutual Bancorporation. The oldest executive at Richmond Mutual Bancorporation, Inc. is Lindley Mann, 74, who is the Lead Independent Director.
E's mailing address filed with the SEC is RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND, IN, 47374.
Over the last 5 years, insiders at Richmond Mutual Bancorporation have traded over $112,131 worth of Richmond Mutual Bancorporation stock and bought 362,233 units worth $3,848,438 . The most active insiders traders include Jeffrey A. Jackson, M. Lynn Wetzel et Harold T. Iii Hanley. On average, Richmond Mutual Bancorporation executives and independent directors trade stock every 44 days with the average trade being worth of $118,694. The most recent stock trade was executed by M. Lynn Wetzel on 1 May 2024, trading 1,250 units of RMBI stock currently worth $13,725.
Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. The company accepts various deposits, including savings deposit accounts, money market accounts NOW and demand accounts, and certificates of deposit. It also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans. In addition, the company engages in the lease financing business; and provision of fee-based financial services comprising trust and estate administration, investment management, retirement plan administration, and private banking services. It operates through 12 full service and one limited-service banking offices with seven full-service and one limited-service offices located in Indiana; five offices situated in Ohio; one full-service banking office and four other branch offices are located in Richmond, Indiana; two other offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; two offices in Sidney and Ohio; two offices in Piqua and one office in Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is headquartered in Richmond, Indiana.
Richmond Mutual Bancorporation executives and other stock owners filed with the SEC include: