HWBK · Hawthorn Bancshares, Inc. · Investor Relations

JEFFERSON CITY, Mo., Sept. 10, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (NASDAQ: HWBK) and Hawthorn Bank are deeply saddened to announce the passing of Jonathan “Jon” Holtaway, a member of the Company’s Board of Directors since 2019. Mr. Holtaway passed away on September 4, 2026, at the age of 55. “Jon was an exceptional director, advisor and friend,” said Brent Giles, Chairman and Chief Executive Officer of Hawthorn Bancshares and Hawthorn Bank. “He brought extraordinary insight, wisdom and sound judgment to every discussion, and his counsel helped guide important decisions at Hawthorn. Jon had a deep understanding of community banking and a thoughtful, long-term perspective that challenged us to think strategically and encouraged us to pursue opportunities for growth. We are grateful for his service, his friendship and the lasting impact he made on our organization. We will deeply miss his presence.” Mr. Holtaway was President of Ategra Capital Management, LLC, a registered

JEFFERSON CITY, Mo., Sept. 04, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (“Hawthorn”) (NASDAQ: HWBK), the Missouri-based holding company of Hawthorn Bank, today announced the completion of the merger of FSC Bancshares, Inc. (“FSC”) with and into Hawthorn, with Hawthorn continuing as the surviving corporation, and the merger of FSC’s wholly-owned banking subsidiary, Farmers State Bank, Cameron, Missouri, with and into Hawthorn Bank, with Hawthorn Bank continuing as the surviving bank. The mergers became effective on September 3, 2026. “We welcome the Farmers State Bank team, customers and communities to Hawthorn. This partnership allows us to bring greater resources, expanded financial solutions, and enhanced capabilities to customers while preserving the relationship-based service and community focus that define both organizations,” said Brent Giles, Chief Executive Officer of Hawthorn. The combined company now has total assets of approximately $2.2 billion. With the

JEFFERSON CITY, Mo., July 29, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (NASDAQ: HWBK) , (the “Company”), the bank holding company for Hawthorn Bank, reported second quarter 2026 net income of $7.3 million, or earnings per diluted share (“EPS”) of $1.06. Second Quarter 2026 Results Net income improved $1.2 million, or 20.1% , to $7.3 million from the second quarter 2025 (the "prior year quarter") and the efficiency ratio improved to 60.66% compared to 62.32% for the prior year quarter EPS of $1.06 , an improvement of $0.18 per share, or 20% , from the prior year quarter Net interest margin, fully taxable equivalent ("FTE") improved in the second quarter 2026 to 4.16% compared to 4.07% for the first quarter 2026 (the "prior quarter”) and 3.89% for the prior year quarter Provision for credit losses was $0.2 million higher than the prior quarter Return on average assets and equity of 1.63% and 16.39%, respectively Loans decreased $37.8 million, or 2.6%, and deposits decreased

JEFFERSON CITY, Mo., July 29, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced today that its Board of Directors approved a quarterly cash dividend of $0.21 per common share. The dividend is payable on October 1, 2026 to shareholders of record at the close of business on September 15, 2026. About Hawthorn Bancshares, Inc. Hawthorn Bancshares, Inc., a bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank, which has served families and businesses for more than 160 years. Hawthorn Bank has multiple locations, including in the greater Kansas City metropolitan area, Jefferson City, Columbia, Springfield, and Clinton. Contact: Hawthorn Bancshares, Inc. Brent M. Giles Chief Executive Officer TEL: 573.761.6100 www.HawthornBancshares.com Statements made in this press release that suggest the Company's or management's intentions, hopes, beliefs, expectations, or predictions of the future include

JEFFERSON CITY, Mo., April 29, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (NASDAQ: HWBK) , (the “Company”), the bank holding company for Hawthorn Bank, reported first quarter 2026 net income of $6.8 million, or earnings per diluted share (“EPS”) of $0.98. First Quarter 2026 Results Net income improved $1.4 million, or 25.9% , to $6.8 million from the first quarter 2025 (the "prior year quarter") and the efficiency ratio improved to 60.46% compared to 66.64% for the prior year quarter EPS of $0.98 , an improvement of $0.21 per share, or 27% , from the prior year quarter Net interest margin, fully taxable equivalent ("FTE") remained consistent in the first quarter 2026 at 4.07% compared to 4.03% for the fourth quarter 2025 (the "prior quarter") and improved from 3.67% for the prior year quarter Provision for credit losses was $0.3 million lower than the prior quarter Return on average assets and equity of 1.49% and 15.41%, respectively Loans decreased $32.6 million, or 2.2%, and

JEFFERSON CITY, Mo., April 29, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced today that its Board of Directors approved a quarterly cash dividend of $0.21 per common share. The dividend is payable on July 1, 2026 to shareholders of record at the close of business on June 15, 2026. About Hawthorn Bancshares, Inc. Hawthorn Bancshares, Inc., a bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank, which has served families and businesses for more than 160 years. Hawthorn Bank has multiple locations, including in the greater Kansas City metropolitan area, Jefferson City, Columbia, Springfield, and Clinton. Contact: Hawthorn Bancshares, Inc. Brent M. Giles Chief Executive Officer TEL: 573.761.6100 www.HawthornBancshares.com Statements made in this press release that suggest the Company's or management's intentions, hopes, beliefs, expectations, or predictions of the future include

JEFFERSON CITY, Mo., April 29, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (NASDAQ: HWBK) , (the “Company”), announced today that Grant Burcham has been appointed to the Board of Directors of the Company and its subsidiary, Hawthorn Bank, effective April 29, 2026. Mr. Burcham was elected as a Class III director on the Company's board of directors, and he will hold office for a term expiring at the Company’s 2028 annual meeting of shareholders. Burcham is a Kansas City–based investor, entrepreneur, and former community banking leader with more than three decades of executive experience. He currently serves as Managing Partner of Big Bear Ventures and Chairman of CyTek Corporation, a managed IT and cybersecurity services provider. Burcham previously spent 34 years at Missouri Bank & Trust (“mobank”), where he served as Chairman and CEO and led the bank’s impressive growth before its sale to BOK Financial in 2016. From 2018 until recently, Burcham served on the board of

JEFFERSON CITY, Mo., April 29, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (“Hawthorn”) (NASDAQ: HWBK), the holding company for Hawthorn Bank, and FSC Bancshares, Inc. (“FSC”), the holding company for Farmers State Bank, today jointly announced the signing of an Agreement and Plan of Reorganization (the “Agreement”) pursuant to which Hawthorn will acquire FSC in a cash and stock transaction valued at approximately $28.3 million in the aggregate, based on Hawthorn’s closing stock price of $34.57 as of April 28, 2026. Based on financial data as of March 31, 2026, the combined company is expected to have total assets of approximately $2.2 billion, total loans of approximately $1.7 billion, and total deposits of approximately $1.9 billion. The proposed transaction will further strengthen Hawthorn’s community banking franchise and meaningfully expand its presence in northern Missouri, adding approximately $384 million in total assets and nine branch locations across the Farmers State

JEFFERSON CITY, Mo., Jan. 28, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (NASDAQ: HWBK), (the "Company"), the holding company for Hawthorn Bank, reported fourth quarter 2025 net income of $6.2 million, or earnings per diluted share ("EPS") of $0.90, and net income of $23.8 million, or EPS of $3.43, for the year ended December 31, 2025. Fourth Quarter 2025 Results Net income of $6.2 million, or $0.90 per diluted share, which improved from $6.1 million, or $0.88 per diluted share, for the third quarter 2025 (the "prior quarter"). Net interest margin, fully taxable equivalent ("FTE"), improved in the fourth quarter of 2025 to 4.03% compared to 3.97% for the prior quarter. Return on average assets and equity of 1.33% and 14.47%, respectively, compared to 1.33% and 15.21%, respectively, for the prior quarter and 1.00% and 12.49%, respectively, for the fourth quarter 2024 (the "prior year quarter"). Loans decreased $27.2 million, or 1.8%, to $1.49 billion from $1.51 billion at

JEFFERSON CITY, Mo., Jan. 28, 2026 (GLOBE NEWSWIRE) - Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced today that its Board of Directors approved a quarterly cash dividend of $0.21 per common share, an increase of $0.01 per common share, or 5%, from the previous quarterly dividend. The dividend is payable on April 1, 2026 to shareholders of record at the close of business on March 15, 2026. About Hawthorn Bancshares, Inc. Hawthorn Bancshares, Inc., a bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank, which has served families and businesses for more than 160 years. Hawthorn Bank has multiple locations, including in the greater Kansas City metropolitan area, Jefferson City, Columbia, Springfield, and Clinton. Contact: Hawthorn Bancshares, Inc. Brent M. Giles Chief Executive Officer TEL: 573.761.6100 www.HawthornBancshares.com Statements made in this press release that suggest the Company's or management's