Hoyne Bancorp, Inc. (HYNE) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Hoyne Bancorp, Inc. on June 22, 2026. The Company, incorporated in Delaware and listed on the NASDAQ Capital Market, operates as a stock holding company following a conversion from a mutual holding company structure completed on December 3, 2025. The filing specifically addresses a change in the Company's independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on governance and audit matters rather than financial performance data.
Material Changes
- Dismissal of Auditor: On June 22, 2026, the Audit Committee dismissed Wipfli LLP as the independent registered public accounting firm, effective immediately. Wipfli had audited the Company's financial statements for the year ended December 31, 2025, and the former mutual holding company for 2023 and 2024.
- Appointment of New Auditor: On June 22, 2026, the Audit Committee approved the engagement of Plante & Moran, PLLC as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, effective immediately.
- Audit Opinions: Wipfli's audit reports for the years ended December 31, 2024, and 2025 did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, scope, or accounting principles.
Outlook, Risks, and Contingencies
Disagreements and Reportable Events: The Company reported no disagreements with Wipfli regarding accounting principles, financial statement disclosure, or auditing scope during the relevant periods. The only "reportable event" noted was a material weakness in internal control over financial reporting disclosed in the 2025 Form 10-K. Management determined this weakness was remediated as of March 26, 2026.
Consultations with New Auditor: The Company confirmed that no consultations were held with Plante & Moran regarding accounting principles or audit opinions during the two years ended December 31, 2025, and the interim period through June 22, 2026.
Investor Verification Checklist
- Verify the status of the engagement letter and client acceptance procedures for Plante & Moran, PLLC.
- Review the letter from Wipfli LLP to the SEC (Exhibit 16.1) for any additional commentary on the dismissal.
- Confirm the remediation of the previously disclosed material weakness in internal controls as of March 26, 2026.
- Monitor upcoming financial reports for the first audit opinion issued by the new accounting firm.