This record is sourced from Hawthorn's own 8-K press release (Exhibit 99.1), furnished to the SEC on September 4, 2026, which announces the closing of a transaction rather than its original signing; the release does not restate the original deal value or consideration terms from when the merger agreement was first announced, so those figures are not available from this document.

Raymond James & Associates, Inc. served as financial advisor to Hawthorn Bancshares on the acquirer side. Northland Capital Markets served as financial advisor to FSC Bancshares on the target side, and Olsen Palmer LLC separately rendered a fairness opinion to FSC in connection with the transaction.

Hunton Andrews Kurth LLP served as legal counsel to Hawthorn Bancshares. Stinson LLP served as legal counsel to FSC Bancshares.

Beyond confirming that the merger has closed, the press release does not restate deal economics; it notes only that Hawthorn Bank will begin integrating Farmers State Bank into its platform, with customer conversion anticipated in the first quarter of 2027, and that the combined bank will operate twenty-seven banking locations across northern, central, western, and mid-Missouri, plus one location in Kansas.

Not disclosed in this filing: the aggregate transaction value or per-share consideration, the cash/stock mix, the original announcement date and terms of the merger agreement, and any termination fee or financing details.