JEFFERSON CITY, Mo., April  29, 2026  (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ:HWBK), (the &#34;Company&#34;), announced today that Grant Burcham has been appointed to the Board of Directors of the Company and its

HWBK

Hawthorn Bancshares, Inc. Announces Appointment of Grant Burcham to its Board of Directors

Hawthorn Bancshares Welcomes Experienced Leader to Board of Directors

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

Hawthorn Bancshares Announces Cash Dividend

JEFFERSON CITY, Mo., April  29, 2026  (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ:HWBK), (the &#34;Company&#34;), the bank holding company for Hawthorn Bank, reported first quarter 2026 net income of $6.8 million, or

Hawthorn Bancshares Reports First Quarter 2026 Results

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>JEFFERSON CITY, Mo., April  29, 2026  (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc. (NASDAQ:HWBK), (the &amp;#34;Company&amp;#34;), announced today that Grant Burcham has been appointed to the Board of Directors of the Company and its</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Hawthorn Bancshares has appointed Grant Burcham as a director, enhancing its leadership team. With over three decades in banking and a successful track record, Burcham&#039;s experience could drive future growth for the company.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Grant Burcham appointed to HWBK&#039;s Board of Directors effective April 29, 2026.</li><li>Burcham has over 30 years of banking leadership experience.</li><li>He led significant growth at Missouri Bank &amp; Trust before its sale in 2016.</li><li>Burcham&#039;s expertise in entrepreneurship and operational growth is expected to benefit HWBK.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>BOK Financial Corporation (BOKF)</strong>: Acquired Missouri Bank &amp; Trust in 2016.</li><li><strong>CyTek Corporation (N/A)</strong>: Burcham is the Chairman, indicating potential tech-focused growth.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under Corporate Developments as the addition of an experienced board member indicates a strategic move towards enhancing leadership. Burcham&#039;s background in banking and entrepreneurship could lead to significant sector advantages.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Burcham&#039;s appointment may enhance HWBK&#039;s strategic direction and investor appeal.</li><li>Anticipated growth strategies could lead to improved financial performance.</li><li>Market sentiment may shift positively with Burcham&#039;s proven track record.</li><li>Potential partnerships could arise from Burcham&#039;s established networks.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Grant Burcham&#039;s term as director runs until the 2028 annual meeting.</li><li>He previously served over 34 years at Missouri Bank &amp; Trust.</li><li>Burcham was noted as Ernst &amp; Young&#039;s Entrepreneur of the Year.</li><li>Hawthorn Bank has been operational for over 160 years.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>HWBK is likely to see positive momentum due to Burcham&#039;s strategic leadership, potentially increasing investor confidence in the medium term.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="left">JEFFERSON CITY, Mo., April  29, 2026  (GLOBE NEWSWIRE) -- Hawthorn Bancshares, Inc.<strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HWBK">HWBK</a>)</strong>, (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&#39;s board of directors, and he will hold office for a term expiring at the Company's 2028 annual meeting of shareholders.</p>  <p align="left">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 &amp; 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 directors for Country Club Bank.</p>  <p align="left">Burcham is focused on private investment, mentorship, and board leadership, playing an active role in the regional business community. He acquired CyTek in 2021 and helped transform it into a fast-growing technology company. Burcham has been recognized as Ernst &amp; Young's Entrepreneur of the Year and named to the <em>Kansas City Business Journal's</em> Power 100.</p>  <p align="left">"We are excited to welcome Grant to our board," said Brent Giles, Chief Executive Officer of Hawthorn Bancshares, Inc. "He brings a rare combination of entrepreneurial vision and operational discipline. His experience running and growing mobank and his success as an investor make him an ideal addition to our board."</p>  <p align="left">"I'm excited to join the board and support Hawthorn's continued growth. This is a talented team with a clear vision, and I look forward to contributing my experience as they build on their momentum," said Burcham.</p>  <p align="left"><strong>About Hawthorn Bancshares, Inc.</strong><br></br>Hawthorn Bancshares, Inc., a financial-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.</p>  <p align="justify"><strong>Contact:</strong></p>  <p align="left"><strong>Hawthorn Bancshares, Inc.</strong><br></br>Brent M. Giles <br></br>Chief Executive Officer<br></br>TEL: 573.761.6100<br></br>www.HawthornBancshares.com</p>  <p align="justify"><em>Statements made in this press release that suggest Hawthorn Bancshares&#39; or management&#39;s intentions, hopes, beliefs, expectations, or predictions of the future include &#34;forward-looking statements&#34; within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. It is important to note that actual results could differ materially from those projected in such forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in such forward-looking statements is contained from time to time in the company&#39;s quarterly and annual reports filed with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this communication, and the Company disclaims any obligation to update any forward-looking statement or to publicly announce the results of any revisions to any of the forward-looking statements included herein, except as required by law.</em></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcwOTk0NyM3NTc0MjcwIzIwOTA2MDc="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/OWIyZGZjNDMtYmRhYi00OWNiLTk5YWYtNzIzZmYyMzM0MTM1LTExMDIxNzgtMjAyNi0wNC0yOS1lbg==/tiny/Hawthorn-Bancshares-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/a2927c42-cb13-46cb-86fb-6e95482758d1"><img src="https://ml.globenewswire.com/media/a2927c42-cb13-46cb-86fb-6e95482758d1/small/hbankshares-logo-2024-horizontal-color-jpg.jpg" border="0" width="150" height="41" alt="Primary Logo"></img></a></p>

Hawthorn Bancshares has appointed Grant Burcham as a director, enhancing its leadership team. With over three decades in banking and a successful track record, Burcham's experience could drive future growth for the company.

Hawthorn Bancshares, Inc. Announces Appointment of Grant Burcham to its Board of Directors

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