Hoyne Bancorp, Inc. 8-K
Research Summary
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Hoyne Bancorp Changes Independent Auditor to Plante Moran
What Happened
Hoyne Bancorp, Inc. filed an 8-K reporting that on June 22, 2026 its Audit Committee dismissed Wipfli LLP as the company’s independent registered public accounting firm and approved the engagement of Plante & Moran, PLLC as the new independent auditor, effective immediately (subject to standard client acceptance procedures and an engagement letter). Wipfli had audited Hoyne’s consolidated financial statements for the year ended December 31, 2025 and the former mutual holding company’s (Hoyne Savings, MHC) statements for 2024 and 2023. Wipfli’s prior audit reports were unmodified.
Key Details
- Dismissal date: June 22, 2026; Wipfli LLP was the prior independent auditor.
- New auditor approved: Plante & Moran, PLLC (engagement effective June 22, 2026, pending client acceptance and engagement letter).
- Audit scope/history: Wipfli audited the Company for year ended Dec 31, 2025 and the MHC for years ended Dec 31, 2024 and 2023; those audit reports did not contain a disclaimer, adverse opinion, or qualification.
- Internal control note: Wipfli identified a material weakness disclosed in the Company’s 2025 Form 10-K; management states that the material weakness was remediated as of March 26, 2026. The company requested and filed Wipfli’s letter to the SEC dated June 24, 2026.
Why It Matters
A change in independent auditor is material because auditors review and report on a company’s financial statements and controls. Investors should note the transition timeline and that the prior audits were unmodified and the previously disclosed material weakness was reported remediated. The new auditor’s acceptance and any future audit opinions will be important for confidence in Hoyne’s financial reporting going forward.
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