SCHEDULE 13G: Fourthstone Entities Disclose 5.30% Passive Stake in White River Bancshares Co

Fourthstone LLC and affiliated entities have filed a Schedule 13G, reporting beneficial ownership of 5.30% of White River Bancshares Co's common stock, held for investment purposes.

Summary

• Fourthstone LLC, a Delaware Limited Liability Company and Investment Adviser, along with affiliated entities and L. Phillip Stone, IV, have filed a Schedule 13G.
• The filing reports an aggregate beneficial ownership of 129,756 shares of White River Bancshares Co's Common Stock.
• This ownership represents 5.30% of the Issuer's outstanding common stock.
• The percentage is calculated based on 2,446,563 shares of Common Stock outstanding as of December 31, 2024, as reported in White River Bancshares Co's Q4 Earnings Release.
• The Reporting Persons explicitly state that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of the Issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, explicitly stating the shares are not held for control purposes. It provides no information to indicate a positive or negative sentiment regarding the issuer's performance or future.

Future Outlook

NA

Industry Context

Schedule 13G filings are routine disclosures by passive investors who acquire more than 5% of a company's stock. They indicate a significant, but non-activist, investment by an institutional investor or a group. For White River Bancshares Co, a financial institution, this indicates that Fourthstone, an investment adviser specializing in financials, sees value in the company's common stock.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant ownership stakes by institutional investors, which can be a signal of confidence or interest in the company.
• Company Management: Awareness of a significant passive investor holding.

Key Dates

Keywords

White River Bancshares Co, Fourthstone LLC, Schedule 13G, beneficial ownership, common stock, investment adviser, SEC filing, financial services, banking sector