Overview
- TickerFMBH on Nasdaq1
- IndustryState Commercial Banks1
- HeadquartersMattoon, Illinois1
- Incorporated inDE2
- Business address1515 Charleston Ave, Po Box 499, Mattoon, Il 619382
- Filer categoryLarge accelerated filer2
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First Mid Bancshares, Inc. (the “Company”), is a financial holding company. The Company is engaged in the business of banking through its wholly owned subsidiary, First Mid Bank & Trust, N.A. (“First Mid Bank”). The Company offers insurance products and services to customers through its wholly owned subsidiary, First Mid Insurance Group, Inc. (“First Mid Insurance”). The Company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, First Mid Wealth Management Company. The Company also wholly owns a captive insurance company, First Mid Captive, Inc. Through First Mid Bank, the Company owns an investment subsidiary, First Mid Investments, Inc. In addition, the Company wholly owns five statutory business trusts, First Mid-Illinois Statutory Trust II (“First Mid Trust II”), Clover Leaf Statutory Trust I ("CLST Trust"), FBTC Statutory T…3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest and fees on loans | $338.7M | $320.4M | $262.4M |
| Taxable | $21.6M | $21.3M | $24.9M |
| Exempt from federal income tax | $7.3M | $7.6M | $7.2M |
| Interest on certificates of deposit | $103.0K | $144.0K | $98.0K |
| Interest on federal funds sold | $3.0K | $53.0K | $419.0K |
| Interest on deposits with other financial institutions | $5.3M | $7.9M | $5.1M |
| Total interest income | $373.0M | $357.4M | $300.2M |
| Interest on deposits | $98.3M | $106.9M | $77.3M |
| Interest on securities sold under repurchase agreements with customers | $4.5M | $6.4M | $6.6M |
| Interest on other borrowings | $8.4M | $8.7M | $16.8M |
| Interest on junior subordinated debentures | $1.8M | $2.2M | $1.9M |
| Interest on subordinated debt | $3.8M | $4.5M | $4.2M |
| Total interest expense | $116.8M | $128.7M | $106.7M |
| Net interest income | $256.2M | $228.7M | $193.5M |
| Provision for credit losses | $9.9M | $5.6M | $6.1M |
| Net interest income after provision for credit losses | $246.2M | $223.1M | $187.4M |
| Wealth management revenues | $22.9M | $22.8M | $20.8M |
| Insurance commissions | $32.3M | $28.6M | $24.8M |
| Service charges | $12.3M | $12.4M | $10.9M |
| Securities gains (losses), net | -$2.5M | -$433.0K | $3.4M |
| Mortgage banking revenue, net | $3.7M | $4.0M | $2.3M |
| ATM / debit card revenue | $16.4M | $16.8M | $14.3M |
| Bank owned life insurance | $5.5M | $4.7M | $5.0M |
| Other income | $2.5M | $7.5M | $5.3M |
| Total other income | $93.1M | $96.3M | $86.8M |
| Salaries and employee benefits | $134.6M | $124.1M | $105.0M |
| Net occupancy and equipment expense | $36.6M | $30.4M | $26.9M |
| Net other real estate owned expense | $539.0K | $411.0K | $1.9M |
| FDIC insurance expense | $3.5M | $3.5M | $3.3M |
| Amortization of intangible assets | $12.4M | $13.6M | $9.1M |
| Stationery and supplies | $1.8M | $1.9M | $1.3M |
| Legal and professional | $10.7M | $12.9M | $7.4M |
| ATM / debit card expense | $6.9M | $6.4M | $5.3M |
| Marketing and donations | $3.3M | $3.4M | $3.0M |
| Other expense | $11.8M | $18.4M | $22.5M |
| Total other expense | $222.2M | $215.0M | $185.7M |
| Income before income taxes | $117.0M | $104.4M | $88.4M |
| Income taxes | $25.3M | $25.5M | $19.5M |
| Net income | $91.7M | $78.9M | $68.9M |
| Basic net income per common share | $3.84 | $3.31 | $3.17 |
| Diluted net income per common share | $3.83 | $3.30 | $3.15 |
| Cash dividends declared per common share | $98.00 | $94.00 | $92.00 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Non-interest bearing | $57.2M | $92.1M | ||
| Interest bearing | $197.6M | $29.0M | ||
| Federal funds sold | $76.0K | $75.0K | ||
| Cash and cash equivalents | $254.9M | $121.2M | ||
| Certificates of deposit | $1.7M | $3.5M | ||
| Available-for-sale, at fair value (amortized cost of $1,215,813 and $1,257,436 at December 31, 2025 and 2024, respectively) | $1.1B | $1.1B | ||
| Held-to-maturity, at amortized cost (estimated fair value of $2,288 and $2,279 at December 31, 2025 and 2024, respectively) | $2.3M | $2.3M | ||
| Equity securities, at fair value | $4.6M | $4.4M | ||
| Loans held for sale, at fair value | $5.2M | $6.6M | ||
| Loans | $6.0B | $5.7B | ||
| Less allowance for credit losses | -$74.9M | -$70.2M | -$68.7M | -$59.1M |
| Net loans | $5.9B | $5.6B | ||
| Interest receivable | $39.9M | $38.6M | ||
| Other real estate owned, net | $2.9M | $2.2M | ||
| Premises and equipment, net | $90.8M | $100.2M | ||
| Goodwill, net | $203.4M | $203.4M | ||
| Intangible assets, net | $49.6M | $58.5M | ||
| Bank owned life insurance | $174.9M | $170.9M | ||
| Right of use asset | $12.7M | $13.9M | ||
| Tax assets | $46.2M | $59.6M | ||
| Other assets | $69.4M | $75.5M | ||
| Total assets | $8.0B | $7.5B | ||
| Non-interest bearing | $1.4B | $1.3B | ||
| Interest bearing | $5.0B | $4.7B | ||
| Total deposits | $6.4B | $6.1B | ||
| Securities sold under agreements to repurchase | $196.7M | $204.1M | ||
| Interest payable | $5.8M | $5.3M | ||
| Other borrowings | $270.0M | $242.5M | ||
| Junior subordinated debentures, net | $24.5M | $24.3M | ||
| Subordinated debt, net | $60.0M | $87.5M | ||
| Lease liability | $13.2M | $14.2M | ||
| Other liabilities | $42.5M | $38.4M | ||
| Total liabilities | $7.0B | $6.7B | ||
| Common stock, $4 par value; authorized 45,000,000 shares; issued 24,671,969 and 24,564,356 shares in 2025 and 2024, respectively; outstanding 23,986,299 and 23,895,807 shares in 2025 and 2024, respectively | $100.7M | $100.3M | ||
| Additional paid-in capital | $517.0M | $512.8M | ||
| Retained earnings | $463.5M | $395.2M | ||
| Deferred compensation | $2.7M | $2.8M | ||
| Accumulated other comprehensive loss | -$101.3M | -$142.4M | ||
| Treasury stock at cost, 685,670 and 668,549 shares in 2025 and 2024, respectively | -$23.9M | -$22.2M | ||
| Total stockholders equity | $958.7M | $846.4M | $793.2M | $633.2M |
| Total liabilities and stockholders equity | $8.0B | $7.5B | ||
| Available-for-sale, amotized cost | $1.2B | $1.3B | ||
| Held-to-maturity, at fair value | $2.3M | $2.3M | ||
| Common stock, par value (in dollars per share) | $4.00 | $4.00 | ||
| Common stock, authorized (in shares) | 45.0M shares | 45.0M shares | ||
| Common stock, issued (in shares) | 24.7M shares | 24.6M shares | ||
| Common stock, outstanding (in shares) | 24.0M shares | 23.9M shares | ||
| Treasury stock (in shares) | 685.7K shares | 668.5K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Non-interest bearing | $57.2M | $92.1M | ||
| Interest bearing | $197.6M | $29.0M | ||
| Federal funds sold | $76.0K | $75.0K | ||
| Cash and cash equivalents | $254.9M | $121.2M | ||
| Certificates of deposit | $1.7M | $3.5M | ||
| Available-for-sale, at fair value (amortized cost of $1,215,813 and $1,257,436 at December 31, 2025 and 2024, respectively) | $1.1B | $1.1B | ||
| Held-to-maturity, at amortized cost (estimated fair value of $2,288 and $2,279 at December 31, 2025 and 2024, respectively) | $2.3M | $2.3M | ||
| Equity securities, at fair value | $4.6M | $4.4M | ||
| Loans held for sale, at fair value | $5.2M | $6.6M | ||
| Loans | $6.0B | $5.7B | ||
| Less allowance for credit losses | -$74.9M | -$70.2M | -$68.7M | -$59.1M |
| Net loans | $5.9B | $5.6B | ||
| Interest receivable | $39.9M | $38.6M | ||
| Other real estate owned, net | $2.9M | $2.2M | ||
| Premises and equipment, net | $90.8M | $100.2M | ||
| Goodwill, net | $203.4M | $203.4M | ||
| Intangible assets, net | $49.6M | $58.5M | ||
| Bank owned life insurance | $174.9M | $170.9M | ||
| Right of use asset | $12.7M | $13.9M | ||
| Tax assets | $46.2M | $59.6M | ||
| Other assets | $69.4M | $75.5M | ||
| Total assets | $8.0B | $7.5B | ||
| Non-interest bearing | $1.4B | $1.3B | ||
| Interest bearing | $5.0B | $4.7B | ||
| Total deposits | $6.4B | $6.1B | ||
| Securities sold under agreements to repurchase | $196.7M | $204.1M | ||
| Interest payable | $5.8M | $5.3M | ||
| Other borrowings | $270.0M | $242.5M | ||
| Junior subordinated debentures, net | $24.5M | $24.3M | ||
| Subordinated debt, net | $60.0M | $87.5M | ||
| Lease liability | $13.2M | $14.2M | ||
| Other liabilities | $42.5M | $38.4M | ||
| Total liabilities | $7.0B | $6.7B | ||
| Common stock, $4 par value; authorized 45,000,000 shares; issued 24,671,969 and 24,564,356 shares in 2025 and 2024, respectively; outstanding 23,986,299 and 23,895,807 shares in 2025 and 2024, respectively | $100.7M | $100.3M | ||
| Additional paid-in capital | $517.0M | $512.8M | ||
| Retained earnings | $463.5M | $395.2M | ||
| Deferred compensation | $2.7M | $2.8M | ||
| Accumulated other comprehensive loss | -$101.3M | -$142.4M | ||
| Treasury stock at cost, 685,670 and 668,549 shares in 2025 and 2024, respectively | -$23.9M | -$22.2M | ||
| Total stockholders equity | $958.7M | $846.4M | $793.2M | $633.2M |
| Total liabilities and stockholders equity | $8.0B | $7.5B | ||
| Available-for-sale, amotized cost | $1.2B | $1.3B | ||
| Held-to-maturity, at fair value | $2.3M | $2.3M | ||
| Common stock, par value (in dollars per share) | $4.00 | $4.00 | ||
| Common stock, authorized (in shares) | 45.0M shares | 45.0M shares | ||
| Common stock, issued (in shares) | 24.7M shares | 24.6M shares | ||
| Common stock, outstanding (in shares) | 24.0M shares | 23.9M shares | ||
| Treasury stock (in shares) | 685.7K shares | 668.5K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $91.7M | $78.9M | $68.9M |
| Provision for credit losses | $9.9M | $5.6M | $6.1M |
| Depreciation, amortization and accretion, net | $19.8M | $20.8M | $14.9M |
| Change in cash surrender value of bank owned life insurance | -$5.0M | -$4.7M | -$4.0M |
| Gain on cash surrender value of bank owned life insurance | -$487.0K | $0 | -$976.0K |
| Stock-based compensation expense | $2.6M | $2.4M | $1.7M |
| Operating lease payments | -$3.3M | -$3.3M | -$3.3M |
| Loss (gain) on sale of investment securities, net | $2.5M | $433.0K | -$3.4M |
| Loss (gain) on sale of other real property owned, net | $325.0K | -$1.3M | $4.1M |
| Loss (gain) on sale of premises and equipment | -$1.9M | $1.2M | $131.0K |
| Gain on sale of loans held for sale, net | -$4.0M | -$3.6M | -$1.2M |
| Loss (gain) on repayment of subordinated debentures | $589.0K | -$493.0K | $0 |
| Gain on repayment of other borrowings | -$85.0K | $0 | $0 |
| Deferred income taxes | -$2.3M | $590.0K | $16.7M |
| Increase in accrued interest receivable | -$1.3M | -$3.6M | -$2.7M |
| Increase in accrued interest payable | $2.3M | $217.0K | $1.0M |
| Origination of loans held for sale | -$166.2M | -$127.0M | -$62.2M |
| Proceeds from sale of loans held for sale | $171.6M | $129.0M | $58.7M |
| Decrease (increase) in other assets | $10.6M | $33.5M | -$20.6M |
| (Decrease) Increase in other liabilities | $3.5M | -$4.2M | -$1.7M |
| Net cash provided by operating activities | $130.9M | $124.4M | $72.4M |
| Proceeds from maturities of certificates of deposit investments | $2.7M | $245.0K | $1.2M |
| Purchase of certificates of deposit investments | -$900.0K | -$2.3M | -$245.0K |
| Proceeds from sales of investment securities available-for-sale | $51.7M | $32.3M | $343.6M |
| Proceeds from maturities of investment securities available-for-sale | $117.6M | $91.7M | $106.0M |
| Proceeds from maturities of investment securities held-to-maturity | $0 | $0 | $668.0K |
| Purchase of investment securities available-for-sale | -$132.1M | -$20.1M | -$1.5M |
| Purchase of held-to-maturity investment securities | -$64.0K | -$53.0K | $0 |
| Net increase in loans | -$345.7M | -$99.1M | -$20.8M |
| Purchases of premises and equipment | -$6.8M | -$4.9M | -$3.6M |
| Proceeds from sale of premises and equipment | $11.2M | $7.0K | $0 |
| Proceeds from sales of other real property owned, net | $811.0K | $3.6M | $2.5M |
| Proceeds from bank owned life insurance death benefit | $1.4M | $0 | $2.0M |
| Net cash (used in) provided by acquisition | -$2.4M | -$8.9M | $44.6M |
| Net cash (used in) provided by investing activities | -$302.6M | -$7.5M | $474.4M |
| Net increase (decrease) in deposits | $338.2M | -$66.6M | -$328.3M |
| Decrease in repurchase agreements | -$7.4M | -$9.6M | -$7.7M |
| Proceeds from other borrowings | $200.0M | $165.0M | $150.0M |
| Repayment of other borrowings | -$172.4M | -$186.2M | -$351.1M |
| Proceeds from short-term debt | $4.0M | $0 | $0 |
| Repayment of short-term debt | -$4.0M | $0 | $0 |
| Repayment of subordinated debentures | -$29.9M | -$19.5M | $0 |
| Proceeds from issuance of common stock | $1.1M | $1.1M | $1.0M |
| Purchase of treasury stock | -$724.0K | -$659.0K | -$465.0K |
| Dividends paid on common stock | -$23.4M | -$22.4M | -$19.6M |
| Net cash (used in) provided by financing activities | $305.5M | -$138.8M | -$556.2M |
| Increase (decrease) in cash and cash equivalents | $133.7M | -$21.8M | -$9.4M |
| Interest | $116.3M | $128.8M | $104.6M |
| Total income taxes, net of refunds | $18.0M | -$1.5M | $22.3M |
| Loans transferred to other real estate owned | $159.0K | $4.7M | $681.0K |
| Fixed assets transferred to other real estate owned | $1.9M | $0 | $0 |
| Initial recognition of right-of-use assets in exchange for lease liabilities | $1.7M | $2.7M | $1.4M |
No quarter-by-quarter statement was filed.
Corporate structure
FIRST MID BANCSHARES, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of FIRST MID BANCSHARES, INC.
- BlackRock Filed SCHEDULE 13G/A on FIRST MID BANCSHARES, INC., latest Jul 28, 2026 (2 filings since Apr 27, 2026)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on FIRST MID BANCSHARES, INC., latest Mar 26, 2026 (2 filings since Feb 13, 2024)
- EPL LINCO Trust Filed SC 13D/A on FIRST MID BANCSHARES, INC., latest Aug 8, 2024
- Elizabeth L. Celio Filed SC 13D/A on FIRST MID BANCSHARES, INC., latest Sep 20, 2023
- FIRST MID BANCSHARES, INC. Mattoon, Illinois
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FIRST MID BANCSHARES, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $130.7M8 Dec 31, 2025 | $137.2M8 Dec 31, 2024 | −4.7% |
| Accumulated depreciation | $39.9M8 Dec 31, 2025 | $36.9M8 Dec 31, 2024 | +8.0% |
| Property and equipment, net | $90.8M8 Dec 31, 2025 | $100.2M8 Dec 31, 2024 | −9.4% |
| Operating-lease assets (leased space) | $12.7M8 Dec 31, 2025 | $13.9M8 Dec 31, 2024 | −8.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Marketable securities, current | $1.1B8 Dec 31, 2025 | $1.1B7 Dec 31, 2024 | +1.3% |
| Debt securities available for sale | $1.1B8 Dec 31, 2025 | $1.1B8 Dec 31, 2024 | +1.3% |
| Debt securities held to maturity | $2.3M8 Dec 31, 2025 | $2.3M8 Dec 31, 2024 | +0.4% |
| Equity securities at fair value | $4.6M8 Dec 31, 2025 | $4.4M8 Dec 31, 2024 | +3.4% |
| Deposits held (banks) | $6.4B8 Dec 31, 2025 | $6.1B8 Dec 31, 2024 | +5.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $203.4M8 Dec 31, 2025 | $203.4M8 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $49.6M8 Dec 31, 2025 | $58.5M8 Dec 31, 2024 | −15.2% |
Properties, in its own words
The Company's headquarters is located at 1421 Charleston Avenue, Mattoon Illinois and is owned and used by First Mid Bank for various operation purposes. In addition, First Mid Bank owns facilities located at 1420 Wabash Avenue, Mattoon, Illinois, which is used by branch support operations and 1100 Broadway Avenue, Mattoon, Illinois which is used by loan operations.
The main office of First Mid Bank is located at 1515 Charleston Avenue, Mattoon, Illinois and is owned by First Mid Bank. First Mid Bank also owns a building located at 1520 Charleston Avenue, which is used by First Mid Insurance, and by First Mid Bank for back-room operations. First Mid Insurance also uses a building owned by First Mid Bank at 1501 Broadway Avenue. First Mid Bank also conducts business through numerous facilities, owned, leased, and located on land only leases in twenty-seven counties throughout Illinois, six throughout Missouri, one county in Wisconsin, and one county in Texas. Of the seventy-six banking offices operated by First Mid Bank, fifty-five are owned, eighteen are leased from non-affiliated third parties, and three are located in land only leases with non-affiliated third parties. First Mid Bank also has an office in metro Indianapolis, Indiana that provides agency finance. In addition to having employees throughout the First Mid Bank footprint, First Mid Insurance Group and First Mid Wealth Management conduct business in numerous other facilities. First Mid Insurance leases facilities located in four counties in Illinois and two counties in Missouri from non-affiliated third parties. First Mid Wealth Management owns a facility located at 1321 Charleston Avenue, Mattoon, Illinois and leases facilities located in three counties in Illinois from non-affiliated third parties.
The rest of Item 2
None of the properties owned by the Company are subject to any major encumbrances. The Company believes these facilities are suitable and adequate to operate its banking and related business. The net investment of the Company and subsidiaries in real estate and equipment at December 31, 2025 was $90.8 million.
Item 2 of the 10-K filed Feb 27, 2026.3
Leadership
Who has led FIRST MID BANCSHARES, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerMatthew K. Smith Jul 6, 2026 to now13
- Chief executive officerBradley L. Beesley Feb 1, 2022 to Jul 6, 202614
- Chief executive officerJoseph R. Dively Jan 29, 2014 to Nov 20, 201415
- Chief executive officerClay M. Dean Nov 20, 2014 to Feb 1, 202216
- Chief executive officerWilliam S. Rowland Nov 14, 2006 to Mar 14, 201317
- ChairJoseph R. Dively Dec 5, 2025 to now18
- PresidentMatthew K. Smith Dec 17, 2025 to now19
- PresidentJoseph R. Dively May 12, 2011 to Nov 8, 201320
- Chief financial officerJordan D. Read Dec 17, 2025 to now21
- Chief financial officerBradley L. Beesley Jan 28, 2021 to Dec 16, 202122
- Chief financial officerMatthew K. Smith Sep 6, 2017 to Jan 28, 202123
- Chief financial officerMichael L. Taylor Aug 25, 2006 to May 2, 201724
- Chief operating officerMichael L. Taylor Dec 19, 2017 to now25
Board members and other officers (42)
- EVP, Chief Marketing OfficerRegina P. Nelson Dec 5, 2025 to now26
- EVP, Chief Information OfficerJeremy R. Frieburg Feb 7, 2024 to now27
- EVP Chief Retail Banking Ofc.Stas R. Wolak Feb 13, 2024 to now28
- EVP, Chief Marketing & DepositLaura J. Hughes Apr 25, 2023 to Apr 25, 202329
- SVP, Chief Credit OfficerMegan E. McElwee Jan 10, 2022 to now30
- SVP, Chief Risk OfficerJordan D. Read Sep 3, 2021 to now31
- VP, Director of Project MgmtAnya Y. Schuetz Nov 2, 2021 to now32
- SVP, Chief Information OfficerDavid R. Hiden Jun 27, 2018 to Jan 31, 202433
- SVP, Director Human ResourcesRhonda G. Gatons Apr 29, 2016 to now34
- EVP, Director of FinanceMatthew K. Smith Dec 1, 2016 to May 16, 201735
- Executive VP-Wealth ManagementBradley L. Beesley Feb 25, 2015 to Dec 16, 202036
- SVP-Human ResourcesDanielle Niebrugge Jun 17, 2014 to Jun 17, 201437
- SVP Retail BankingAmanda D. Lewis Oct 1, 2014 to now38
- SVPClay M. Dean Nov 23, 2012 to Aug 20, 201439
- VP, Director Human ResourcesPeggy S. Lawson May 5, 2011 to May 5, 201140
- Senior V.P. Risk MgmtChristopher L. Slabach May 9, 2008 to Dec 16, 202141
- Vice PresidentEric S. McRae Dec 18, 2008 to now42
- EVP-Wealth ManagementCharles Allen Lefebvre May 9, 2007 to Nov 20, 201443
- VP, Director of Human ResourceKelly A. Downs Feb 22, 2006 to Nov 23, 201244
- Vice PresidentLaurel G. Allenbaugh Feb 22, 2006 to Dec 19, 202345
- EVP for TrustRobert J. Swift Feb 22, 2006 to Dec 22, 200646
- Vice PresidentStanley E. Gilliland Mar 16, 2006 to Dec 28, 200747
- Board memberAlex J. Melvin Dec 8, 2025 to now48
- Board memberPaul Laurence Palmby Nov 6, 2024 to now49
- Board memberGisele A. Marcus Feb 3, 2022 to now50
- Board memberJames Kyle McCurry Feb 24, 2021 to now51
- Board memberZachary Horn Jan 23, 2020 to now52
- Board memberMary Westerhold Sep 14, 2016 to now53
- Board memberWilliam S. Rowland Jan 29, 2014 to Aug 14, 201754
- Board memberRobert S. Cook Jul 30, 2014 to now55
- Board memberHolly A. Bailey May 3, 2012 to now56
- Board memberBenjamin I. Lumpkin Jan 29, 2009 to Jun 29, 201257
- Board memberSteven L. Grissom Mar 2, 2007 to Mar 23, 202358
- Board memberKenneth R. Diepholz Sep 5, 2007 to Jun 4, 200859
- Board memberRichard Anthony Lumpkin Feb 24, 2006 to Jun 1, 200660
- Board memberDaniel E. Marvin Jr. Mar 6, 2006 to Jan 6, 200961
- Board memberCharles A. /tx Adams Mar 14, 2006 to Mar 19, 201362
- Board memberJoseph R. Dively Mar 14, 2006 to now63
- Board memberRay A. Sparks Mar 14, 2006 to Apr 1, 202264
- Board memberSara Jane Preston Mar 14, 2006 to Feb 15, 201165
- Board memberGary W. Melvin Aug 25, 2006 to May 1, 201866
- General counselJason M. Crowder Aug 16, 2019 to now67
Former names
Timeline
- Jul 23, 20268-K Results of operations68
- Jul 15, 20268-K Entered a material agreement; New debt or obligation69
- Jul 6, 2026New chief executive Matthew K. Smith becomes CEO13
- May 1, 20268-K Shareholder vote70
- Apr 29, 20268-K Results of operations71
- Apr 29, 20268-K Executive or director change; Regulation FD disclosure72
- Apr 15, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation73
- Mar 2, 20268-K Completed an acquisition or sale; New debt or obligation; Regulation FD disclosure74
- Feb 25, 20268-K Other events75
- Feb 20, 20268-K Entered a material agreement; New debt or obligation76
- Jan 29, 20268-K Results of operations77
- Jan 2, 20268-K Other events78
- Dec 30, 20258-K Other events79
- Feb 1, 2022New chief executive Bradley L. Beesley becomes CEO14
- Nov 20, 2014New chief executive Clay M. Dean becomes CEO16
- Jan 29, 2014New chief executive Joseph R. Dively becomes CEO15
- Nov 14, 2006New chief executive William S. Rowland becomes CEO17
Calendar
Coming up
- Oct 29, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.97 a share, on Oct 30, 2025.80
When it reported results
- Jul 23, 2026Reported quarterly or annual results68
- Apr 29, 2026Reported quarterly or annual results71
- Jan 29, 2026Reported quarterly or annual results77
- Oct 30, 2025Reported quarterly or annual results81
- Jul 24, 2025Reported quarterly or annual results82
- Apr 30, 2025Reported quarterly or annual results83
- Jan 23, 2025Reported quarterly or annual results84
- Oct 31, 2024Reported quarterly or annual results85
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
547 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 64 major events, 389 insider forms, 9 large holders, 65 other. The latest 20:
- Oct 6, 20264 PRIMARY DOCUMENT EDGAR
- Oct 6, 20264 PRIMARY DOCUMENT EDGAR
- Oct 6, 20264 PRIMARY DOCUMENT EDGAR
- Oct 6, 20264 PRIMARY DOCUMENT EDGAR
- Oct 6, 20264 PRIMARY DOCUMENT EDGAR
- Aug 7, 202610-Q EDGAR
- Jul 28, 2026SCHEDULE 13G/A EDGAR
- Jul 23, 20268-K EDGAR
- Jul 15, 20268-K EDGAR
- Jul 6, 20264 PRIMARY DOCUMENT EDGAR
- Jul 6, 20264 PRIMARY DOCUMENT EDGAR
- Jul 6, 20264 PRIMARY DOCUMENT EDGAR
- Jul 6, 20264 PRIMARY DOCUMENT EDGAR
- Jul 6, 20264 PRIMARY DOCUMENT EDGAR
- May 11, 20264 PRIMARY DOCUMENT EDGAR
- May 8, 202610-Q EDGAR
- May 1, 20268-K EDGAR
- Apr 29, 20268-K EDGAR
- Apr 29, 20268-K EDGAR
- Apr 27, 2026SCHEDULE 13G/A EDGAR
The 547 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
21 open-market trades by officers, directors and large owners since October 2021: 11 buys and 10 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 20, 2026 | Wolak Stas REVP Chief Retail Banking Ofc. | Sale | 430 | $43.67 | $18.8K | Form 4 |
| Feb 17, 2026 | Zimmer James EdwinDirector | Buy | 217 | $43.66 | $9.5K | Form 4 |
| Feb 4, 2026 | Beesley Bradley LEVP, CEO First Mid Wealth Mgmt | Sale | 6,000 | $44.00 | $264.0K | Form 4 |
| Dec 24, 2025 | Dean Clay MCEO-First Mid Insurance Group | Sale | 3,696 | $40.58 | $150.0K | Form 4 |
| Dec 18, 2025 | Dean Clay MCEO-First Mid Insurance Group | Sale | 1,099 | $42.69 | $46.9K | Form 4 |
| Aug 6, 2025 | Dean Clay MCEO-First Mid Insurance Group | Sale | 1,553 | $37.64 | $58.4K | Form 4 |
| Dec 19, 2024 | Zimmer James EdwinDirector | Buy | 1,000 | $39.87 | $39.9K | Form 4 |
| Nov 21, 2024 | Dean Clay MCEO-First Mid Insurance Group | Sale | 400 | $42.21 | $16.9K | Form 4 |
| Nov 5, 2024 | Dean Clay MCEO-First Mid Insurance Group | Sale | 400 | $37.78 | $15.1K | Form 4 |
| Nov 28, 2023 | JAMES TODD JDirector | Sale | 12,145 | $30.57 | $371.3K | Form 4 |
| Nov 14, 2023 | Dean Clay MCEO-First Mid Insurance Group | Sale | 1,000 | $30.74 | $30.7K | Form 4 |
| May 10, 2023 | Cook Robert SDirector | Buy | 10,000 | $22.48 | $224.8K | Form 4 |
| May 1, 2023 | Dean Clay MCEO-First Mid Insurance Group | Buy | 1,000 | $25.22 | $25.2K | Form 4 |
| Mar 21, 2023 | Dean Clay MCEO-First Mid Insurance Group | Buy | 1,000 | $27.06 | $27.1K | Form 4 |
| Dec 23, 2022 | Beesley Bradley LEVP, CEO First Mid Wealth Mgmt | Sale | 1,000 | $32.10 | $32.1K | Form 4 |
| Jun 13, 2022 | McCurry James KyleDirector | Buy | 261 | $35.90 | $9.4K | Form 4 |
| Jun 7, 2022 | McCurry James KyleDirector | Buy | 260 | $37.95 | $9.9K | Form 4 |
| Mar 1, 2022 | McCurry James KyleDirector | Buy | 135 | $38.90 | $5.3K | Form 4 |
| Feb 24, 2022 | McCurry James KyleDirector | Buy | 260 | $38.49 | $10.0K | Form 4 |
| Feb 14, 2022 | McCurry James KyleDirector | Buy | 380 | $39.95 | $15.2K | Form 4 |
All 21 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G/A, 2 filings Apr 27, 2026 to Jul 28, 202686
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Feb 13, 2024 to Mar 26, 202687
- EPL LINCO TrustSC 13D/A, 1 filing Aug 8, 202488
- Elizabeth L. CelioSC 13D/A, 1 filing Sep 20, 202389
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Joseph R. Dively | $543.4K | $2.1M90 | |
| 2025 | Matthew K. Smith | $361.7K | $1.0M90 | |
| 2025 | Michael L. Taylor | $360.9K | $909.4K90 | |
| 2025 | Jordan D. Read | $278.1K | $776.5K90 | |
| 2025 | Eric S. McRae | $304.2K | $732.1K90 | |
| 2024 | Chairman & | $540.7K | $1.6M90 | |
| 2024 | Sr Executive VicePresident | $350.5K | $735.0K90 | |
| 2024 | President | $315.4K | $680.5K90 | |
| 2024 | Executive VicePresident & | $297.7K | $626.9K90 | |
| 2023 | Chief Executive Officer | $520.0K | $1.2M90 | |
| 2023 | & Chief Operating Officer | $340.0K | $582.9K90 | |
| 2023 | Chief Lending Officer | $290.0K | $503.4K90 | |
| 2023 | President | $280.0K | $500.7K90 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How FIRST MID BANCSHARES, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFIRST MID BANCSHARES, INC.1
- CIK0000700565
- Employer ID (EIN)37-11037043
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)6022 State Commercial Banks1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address1515 Charleston Ave, Po Box 499, Mattoon, IL 619381
- Mailing address1515 Charleston Avenue, Po Box 499, Mattoon, IL 619381
- Phone21723474541
- Shares outstanding26,601,912 as of Aug 7, 202610
- Public float$899.3M as of Jun 30, 20253
- AuditorForvis Mazars, LLP, St. Louis, Missouri PCAOB ID 686; it also attests to the company’s internal control over financial reporting3
- On EDGAR sinceAug 11, 19951
- Filings2,332 in all: 4 (1,452), 8-K (295), 10-Q (94), 425 (54), SC 13D/A (49), 4/A (41), 3 (35), 5 (35)1
All 51 form types
DEF 14A (32), 10-K (28), 11-K (24), DEFA14A (18), UPLOAD (17), CORRESP (16), SC 13D (15), EFFECT (11), 8-K/A (10), S-8 (10), 424B3 (8), S-4/A (8), ARS (6), S-4 (6), 424B5 (5), S-3 (5), SC 13G/A (5), D (4), PRE 14A (4), SCHEDULE 13G/A (4), 10-K405 (3), 10-Q/A (3), 144 (3), FWP (3), NT 11-K (3), S-3D (3), SC 13G (3), 11-K/A (2), 8-A12G (2), S-3/A (2), S-8 POS (2), 10-K/A (1), 15-12B (1), 15-12G (1), 25-NSE (1), 3/A (1), 305B2 (1), 8-A12B (1), 8-A12B/A (1), CERTNAS (1), DEL AM (1), REGDEX (1), S-3MEF (1)
- Latest filingsAnnual report (10-K) Feb 27, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Mar 17, 2026
Latest 8-K (8-K) Jul 23, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock | FMBH | NASDAQ Global Market |
From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks FIRST MID BANCSHARES, INC. names in Item 1A of its 10-K filed Feb 27, 2026: 13 risks under these headings, as written.3
- Credit Risks
- Deterioration in the real estate market could lead to losses, which could have a material adverse effect on the business, financial condition and results of operations or the Company.
- The allowance for credit losses may prove inadequate or be negatively affected by credit risk exposures.
- Interest Rate and Liquidity Risks
- Changes in interest rates may negatively affect our earnings.
- Declines in the value of securities held in the investment portfolio may negatively affect the Company’s earnings and capital.
- If the Company were unable to borrow funds through access to capital markets, it may not be able to meet the cash flow requirements of its depositors, creditors, and borrowers, or the operating cash needed to fund corporate expansion and other corporate activities.
- Operational Risks
- A failure in or breach of the Company's operational or security systems, or those of its third-party service providers, including as a result of cyber-attacks, could disrupt the Company's business, result in unintentional disclosure or misuse of confidential or proprietary information, damage the Company's reputation, increase our costs, and cause losses.
- If the Company’s stock price declines from levels at December 31, 2025, management will evaluate the goodwill balance for impairment, and if the values of the business has declined, the Company could recognize an impairment charge for its goodwill.
- Economic and Market Conditions Risks
- Difficult economic conditions and market disruption have adversely impacted the banking industry and financial markets generally and may again significantly affect the business, financial condition, or results of operations of the Company.
The other 5 risks
- The Company’s profitability depends significantly on economic conditions in the geographic region in which it operates.
- Decline in the strength and stability of other financial institutions may adversely affect the Company’s business.
- Other Business Risks
- The Company may issue additional common stock or other equity securities in the future which could dilute the ownership interest of existing stockholders.
- If the Company is unable to make favorable acquisitions or successfully integrate our acquisitions, the Company’s growth could be impacted.
- The Company and the banking industry are subject to government regulation, legislation, and policy.
Legal proceedings
From time to time the Company and its subsidiaries may be involved in litigation that the Company believes is a type common to our industry. None of any such existing claims are believed to be individually material at this time to the Company, although the outcome of any such existing claims cannot be predicted with certainty.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARJoseph R. Dively, Chair
- 19SEC EDGARMatthew K. Smith, President
- 20SEC EDGARJoseph R. Dively, President
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- 38SEC EDGARAmanda D. Lewis, SVP Retail Banking
- 39SEC EDGARClay M. Dean, SVP
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- 42SEC EDGAREric S. McRae, Vice President
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- 45SEC EDGARLaurel G. Allenbaugh, Vice President
- 46SEC EDGARRobert J. Swift, EVP for Trust
- 47SEC EDGARStanley E. Gilliland, Vice President
- 48SEC EDGARAlex J. Melvin, Board member
- 49SEC EDGARPaul Laurence Palmby, Board member
- 50SEC EDGARGisele A. Marcus, Board member
- 51SEC EDGARJames Kyle McCurry, Board member
- 52SEC EDGARZachary Horn, Board member
- 53SEC EDGARMary Westerhold, Board member
- 54SEC EDGARWilliam S. Rowland, Board member
- 55SEC EDGARRobert S. Cook, Board member
- 56SEC EDGARHolly A. Bailey, Board member
- 57SEC EDGARBenjamin I. Lumpkin, Board member
- 58SEC EDGARSteven L. Grissom, Board member
- 59SEC EDGARKenneth R. Diepholz, Board member
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- 61SEC EDGARDaniel E. Marvin Jr., Board member
- 62SEC EDGARCharles A. /tx Adams, Board member
- 63SEC EDGARJoseph R. Dively, Board member
- 64SEC EDGARRay A. Sparks, Board member
- 65SEC EDGARSara Jane Preston, Board member
- 66SEC EDGARGary W. Melvin, Board member
- 67SEC EDGARJason M. Crowder, General counsel
- 68SEC EDGARResults of operations
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- 70SEC EDGARShareholder vote
- 71SEC EDGARResults of operations
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- 75SEC EDGAROther events
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- 77SEC EDGARResults of operations
- 78SEC EDGAROther events
- 79SEC EDGAROther events
- 80NasdaqNasdaq calendar
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