Exhibit 99.1 Hawthorn Bancshares Reports Results for the Fourth Quarter and the Year Ended December 31, 2024 Jefferson City, MO — January 22, 2025 — Hawthorn Bancshares, Inc. (NASDAQ: HWBK), (the "Company"), the holding company for Hawthorn Bank, reported fourth quarter 2024 net income of $4.6 million, or earnings per diluted share of $0.66, and net income of $18.3 million, or earnings per diluted share ("EPS") of $2.61, for the year ended December 31, 2024. Fourth Quarter 2024 Results 2024 Results Brent Gi ...

JEFFERSON CITY, Mo., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK), (the “Company”), the holding company for Hawthorn Bank, reported fourth quarter 2024 net income of $4.6 million, or earnings per diluted share of $0.66, and net income of $18.3 million, or earnings per diluted share ("EPS") of $2.61, for the year ended December 31, 2024. Fourth Quarter 2024 Results Net income of $4.6 million, or $0.66 per diluted shareNet interest margin, fully taxable equivalent ("FTE"), improv ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______________ to ______________ Commission file number: 0-23636 HAWTHORN BANCSHARES, INC. (Exact name of registrant as specified in its charter) Missouri ...

JEFFERSON CITY, Mo., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK), (the "Company"), the bank holding company for Hawthorn Bank, reported third quarter 2024 net income of $4.6 million, or earnings per diluted share ("EPS") of $0.66. Third Quarter 2024 Results Net income improved $2.0 million, or 77%, from the third quarter 2023 (the "prior year quarter") EPS of $0.66, an improvement of $0.30 per share, or 83%, from the prior year quarter Net interest margin, fully taxable equiva ...

Exhibit 99.1 Hawthorn Bancshares Reports Third Quarter 2024 Results Jefferson City, MO — October 30, 2024 — Hawthorn Bancshares, Inc. (NASDAQ: HWBK), (the "Company"), the bank holding company for Hawthorn Bank, reported third quarter 2024 net income of $4.6 million, or earnings per diluted share ("EPS") of $0.66. Third Quarter 2024 Results • Net income improved $2.0 million, or 77%, from the third quarter 2023 (the "prior year quarter") | --- | |-------------------------------------------------------------- ...

JEFFERSON CITY, Mo., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Bob Regnier will join the Board of Directors of each of Hawthorn Bank, and its parent company Hawthorn Bancshares, Inc., (Nasdaq: HWBK), as an advisory member. In addition to his contributions on the boards, Regnier will have an active role in providing strategic advice and extending Hawthorn Bank's reach, influence, and relationship-driven community banking model within the Kansas City metro. His experience and expertise will be instrumental in advoca ...

Earnings The increase in the current quarter compared to the prior quarter was primarily due to an increase in earnings on bank owned life insurance and the recognition of a gain on sale on foreclosed property. Investments increased $1.4 million, or 0.7%, to $191.2 million as of June 30, 2024 compared to March 31, 2024 and decreased $69.6 million, or 26.7%, from June 30, 2023. [Tables follow] Financial Summary The allowance for credit losses at June 30, 2024 was $22.0 million, or 1.47% of outstanding loans, ...

The average cost of deposits was 2.69% for the second quarter 2024, compared to 2.61% for the prior quarter and 2.07% for the prior year quarter. Non-interest bearing demand deposits as a percent of total deposits was 25.9% as of June 30, 2024, compared to 25.7% and 28.4% at March 31, 2024 and June 30, 2023, respectively. The allowance for credit losses at June 30, 2024 was $22.0 million, or 1.47% of outstanding loans, and 495.38% of non-performing loans. At March 31, 2024, the allowance for credit losses w ...

Hawthorn Bancshares, Inc., a financial-bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank of Jefferson City, Missouri with additional locations in the Missouri communities of Kansas City, Lee's Summit, Liberty, Springfield, Independence, Columbia, Clinton, Osceola, Warsaw, Belton, Drexel, Harrisonville, California, Missouri. Contact: JEFFERSON CITY, Mo., July 30, 2024 (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced today that its Boa ...

Exhibit 99.1 Hawthorn Bancshares Reports Second Quarter 2024 Results Jefferson City, MO — July 30, 2024 — Hawthorn Bancshares, Inc. (NASDAQ: HWBK), (the "Company"), the bank holding company for Hawthorn Bank, reported second quarter 2024 net income of $4.6 million and earnings per diluted share ("EPS") of $0.66. Second Quarter 2024 Results • Net income improved $0.2 million and EPS improved $0.03 per share from the first quarter 2024 (the "prior quarter") • Net interest margin, fully taxable equivalent ("FT ...