 JEFFERSON CITY, Mo., Aug. 05, 2020 GLOBE NEWSWIRE -- Hawthorn Bancshares of Jefferson City, MO NASDAQ: HWBK announced today that its Board of Directors approved a quarterly cash dividend of 0.12 per share payable October 1, 2020 to shareholders of record at the close of business on September 15, 2020. This dividend payment is consistent with the previous quarterly rate. About Hawthorn BancsharesHawthorn 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 Lees Summit, Liberty, St. Louis, Springfield, Independence, Columbia, Clinton, Osceola, Warsaw, Belton, Drexel, Harrisonville, California and St. Robert, Missouri.Statements made in this press release that suggest Hawthorn Bancshares or managements intentions, hopes, beliefs, expectations, or predictions of the future include forward-looking statements 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 companys quarterly and annual reports filed with the Securities and Exchange Commission. CONTACT: Contact: Stephen E. Guthrie Chief Financial Officer TEL: 573.761.6100 FAX: 573.761.6276 