Welcome to our dedicated page for First Mid Bancshares SEC filings (Ticker: FMBH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
First Mid Bancshares, Inc. filings document the regulatory record of a bank holding company with banking, wealth management, agricultural services, brokerage, and insurance operations. Form 8-K reports cover operating results, financial condition updates, material agreements, capital actions, completed acquisition activity, and debt arrangements tied to the holding company and its bank subsidiary.
Proxy and annual meeting disclosures cover director elections, advisory votes on executive compensation, compensation tables, governance matters, and security-holder voting results. The filing record also includes capital-structure disclosures involving common stock, dividends, repurchases, credit facilities, acquisition consideration, direct financial obligations, and risk-factor topics relevant to a regulated financial institution.
Zimmer James Edwin reported acquisition or exercise transactions in this Form 4 filing.
FIRST MID BANCSHARES, INC. director James Edwin Zimmer reported a routine update to his holdings. He received 259.9499 shares of common stock credited to an account under the Company’s Deferred Compensation Plan at $48.7864 per share, described as a planned quarterly purchase. After this award, that deferred compensation account held 18,604.4422 shares. The filing also lists indirect holdings of 4,050 shares in an IRA and 217 shares held in five custodial accounts for his grandchildren under the Illinois Uniform Transfers to Minors Act, where he disclaims beneficial ownership except for any pecuniary interest, plus 6,068.3391 shares held directly.
FIRST MID BANCSHARES, INC. director Mary Westerhold reported updated holdings of common stock, including a routine compensation-related acquisition. She received 272.8186 shares at $48.7864 per share through a planned quarterly purchase under the Company's Deferred Compensation Plan, a non-market grant classified as an award or other acquisition.
After this transaction, her Deferred Compensation Plan account holds 15,638.6831 shares indirectly. The Form 4 also lists multiple indirect positions through trusts, LLCs, and retirement accounts, plus 3,675 shares held directly, with several entries reflecting holdings or transactions not required to be reported under Section 16.
FIRST MID BANCSHARES, INC. CEO & President Matthew K. Smith reported routine changes in his holdings of Common Stock. A key entry shows a holding balance of 22,812 direct shares following the latest update.
Separately, he acquired 66.234 shares of Common Stock indirectly at an average price of $48.7864 per share through a grant or award tied to the Company’s Deferred Compensation Plan. After this planned quarterly purchase, his indirect holdings in the plan total 2,213.0702 shares. These transactions reflect compensation and deferred savings activity rather than open-market buying or selling.
FIRST MID BANCSHARES, INC. executive Eric S. McRae reported a compensation-related stock acquisition rather than an open-market trade. He received 87.0598 shares of common stock at $48.7865 per share through a planned quarterly purchase under the Company’s Deferred Compensation Plan, increasing his indirect holdings in that plan to 8,441.8304 shares.
The Form 4 also updates his other positions in First Mid common stock. Direct holdings are listed at 34,752.1229 shares, with additional indirect holdings of 2,602.1218 shares via an IRA and 4,583.6936 shares through a 401k Plan. These entries together show his current ownership across direct and retirement-related accounts.
FIRST MID BANCSHARES, INC. director Robert S. Cook reported updated holdings in the company’s common stock. The only new activity was an acquisition of 270.2445 shares credited to an account labeled "by Deferred Comp" at an average price of $48.7865 per share.
According to a footnote, these shares were acquired through a planned quarterly purchase under the company’s Deferred Compensation Plan, making this a routine, compensation-related transaction rather than an open‑market trade. Following this grant, the deferred compensation account holds 7,134.7323 shares indirectly, alongside other indirect holdings via a spouse, an LLC, an IRA, and as custodian for children, plus a separate direct holding of 17,797 shares.
Nelson Regina P reported acquisition or exercise transactions in this Form 4 filing.
FIRST MID BANCSHARES, INC. executive Regina P. Nelson, EVP and Chief Marketing Officer, received an award of 1,000 shares of Common Stock on May 8, 2026. The filing shows this as a grant or award transaction rather than an open-market purchase.
The shares were issued under the company’s Long Term Incentive Plan and will vest in thirds over three years, beginning on December 15, 2026. After this award, Nelson is reported as directly owning 1,000 shares, reflecting a routine compensation-related equity grant.
First Mid Bancshares, Inc. delivered stronger first‑quarter 2026 results and expanded its balance sheet through acquisitions. Total assets reached $9.29 billion, up from $7.97 billion at year‑end, with net loans rising to $6.85 billion and deposits to $7.55 billion.
Net income for the quarter was $26.3 million, compared with $22.2 million a year earlier. Basic and diluted earnings per share were both $1.06, up from $0.93. Net interest income increased to $70.8 million as loan and securities interest grew faster than funding costs.
The company closed its acquisition of Two Rivers Financial Group, issuing 2,539,831 shares valued at about $104.2 million and adding over $1.18 billion of assets, without recording new goodwill. Nonaccrual loans rose to $43.2 million, while the allowance for credit losses increased to $86.8 million. Accumulated other comprehensive loss widened to $108.7 million, driven by unrealized losses on available‑for‑sale securities.
First Mid Bancshares, Inc. reported voting results from its 2026 Annual Meeting of Stockholders held on April 29, 2026. Stockholders present in person or by proxy represented 18,743,640 shares of common stock, or approximately 70.4% of eligible votes, satisfying quorum requirements.
Four directors were elected to three-year terms. J. Kyle McCurry received 17,277,089 votes for and 1,466,551 votes withheld, Alex J. Melvin received 17,126,515 for and 1,617,125 withheld, Paul L. Palmby received 17,902,690 for and 840,950 withheld, and Mary J. Westerhold received 16,690,195 for and 2,053,445 withheld.
On the advisory vote regarding executive compensation, stockholders cast 18,015,590 votes for the resolution, 497,646 votes against, and 230,404 abstentions, with no broker non-votes reported.
First Mid Bancshares, Inc. announced a planned leadership transition as part of its long-term succession process. Effective July 1, 2026, Matthew K. Smith, age 52, will become Chief Executive Officer and President of the Company and First Mid Bank & Trust, N.A., and will join the Board of Directors.
Joseph R. Dively will move from Chief Executive Officer to Executive Chair of the Company and remain Chairman of the Board, continuing to lead strategy, governance, oversight, and mergers and acquisitions. The Board approved an Executive Employment Agreement for Smith effective July 1, 2026 through December 31, 2027, with automatic 1-year renewals. Under this agreement, Smith will receive a base salary of $425,000 and participate in the Company’s incentive, long-term incentive, and deferred compensation plans.
The Company highlighted Smith’s role in its expansion since 2016, during which total assets grew from approximately $2.8 billion to $9.3 billion. A press release describing the transition was furnished as Exhibit 99.1.
First Mid Bancshares, Inc. reported strong first-quarter 2026 results, with net income of $26.3 million, or $1.06 diluted EPS, and adjusted net income of $28.4 million, or $1.14 diluted EPS. The quarter included the closing of the Two Rivers acquisition, which added $871.4 million in loans and $1.04 billion in deposits.
Total loans reached $6.94 billion and total deposits $7.55 billion, helping expand net interest income to $70.8 million, up 19.1% from a year earlier, and net interest margin to 3.78%. Asset quality remained solid, with an allowance for credit losses of $86.8 million and a coverage ratio of 196.98% of non-performing loans.
Capital ratios stayed well above regulatory “well capitalized” levels, and tangible book value per share increased 2.1% to $30.04. The Board declared a regular quarterly dividend of $0.25 per share, while management highlighted record quarterly earnings per share and continued integration of the Two Rivers franchise.