[425] FIRST MID BANCSHARES, INC. Business Combination Communication
First Mid Bancshares (FMBH) announced a merger with Two Rivers Financial Group (TRVR). Two Rivers will become part of First Mid, with closing targeted for the first quarter of 2026, subject to customary approvals. Customers are told it’s business as usual until completion, with existing checks and cards continuing to work and any system changes communicated in advance.
The combined organization highlights expanded access to banking services across Wisconsin, Illinois, Missouri, and Texas, plus broader ag, insurance, and investment offerings. First Mid currently operates over 70 banking centers in these states, and the companies do not anticipate banking center closings. Branch hours are expected to remain the same before the merger. The bank name will change when the banks merge in
First Mid plans to file a Form S-4, and a proxy statement/prospectus for Two Rivers shareholders will be provided. The forward-looking statement discussion notes potential risks, including required regulatory and shareholder approvals and integration timing and costs.
First Mid Bancshares (FMBH) ha annunciato una fusione con Two Rivers Financial Group (TRVR). Two Rivers entrerà a far parte di First Mid, con chiusura prevista per il primo trimestre del 2026, soggetta alle consuete approvazioni. I clienti sono informati che è sempre attività normale fino al completamento, con assegni e carte esistenti che continueranno a funzionare e eventuali cambiamenti di sistema comunicati in anticipo.
L'organizzazione combinata offrirà un accesso ampliato ai servizi bancari in Wisconsin, Illinois, Missouri e Texas, oltre a una gamma più ampia di offerte di agricoltura, assicurazioni e investimenti. Attualmente First Mid gestisce oltre 70 sportelli bancari in questi stati, e le aziende non prevedono chiusure di sportelli. Orari degli uffici dovrebbero rimanere invariati prima della fusione. Il nome della banca cambierà quando le banche si fonderanno in
First Mid prevede di presentare un modulo S-4, e sarà fornita una dichiarazione/prospetto di delega agli azionisti di Two Rivers. La sezione sulle dichiarazioni previsionali evidenzia rischi potenziali, inclusi necessità di approvazioni regolamentari e azionisti e tempi e costi dell'integrazione.
First Mid Bancshares (FMBH) anunció una fusión con Two Rivers Financial Group (TRVR). Two Rivers pasará a formar parte de First Mid, con cierre previsto para el primer trimestre de 2026, sujeto a las aprobaciones habituales. A los clientes se les informa que seguirán siendo tiempo de negocio normal hasta la finalización, con los cheques y tarjetas existentes que seguirán funcionando y cualquier cambio de sistema comunicado por adelantado.
La organización combinada ampliará el acceso a servicios bancarios en Wisconsin, Illinois, Missouri y Texas, además de ampliar las ofertas de agronegocios, seguros y asesoría de inversiones. First Mid opera actualmente más de 70 centros bancarios en estos estados, y las empresas no anticipan cierres de sucursales. Se espera que el horario de las oficinas permanezca igual antes de la fusión. El nombre del banco cambiará cuando las banks se fusionen en
First Mid planea presentar un Formulario S-4, y se proporcionará una declaración/prospecto para los accionistas de Two Rivers. La sección sobre declaraciones prospectivas señala riesgos potenciales, incluidas aprobaciones regulatorias y de accionistas requeridas, y los tiempos y costos de la integración.
First Mid Bancshares (FMBH) 은 Two Rivers Financial Group (TRVR) 와의 합병을 발표했습니다. Two Rivers는 First Mid 의 일부가 되며, 2026년 1분기로 닻을 내리려는 폐쇄를 목표로 하되 일반적인 승인에 따른다. 고객에게는 완료될 때까지 평소대로 업무가 진행되며, 기존 수표와 카드가 계속 작동하고 시스템 변경사항은 사전에 고지될 것이라고 안내됩니다.
합병된 조직은 위스콘신, 일리노이, 미주리 및 텍사스 전역에서 은행 서비스에 대한 접근성을 확대하고, 농업, 보험 및 투자 분야의 제안을 확대합니다. First Mid는 현재 이들 주에서 70개가 넘는 은행 지점을 운영하고 있으며, 은행 지점 폐쇄는 예상하지 않습니다. 지점 운영 시간은 합병 전과 동일하게 유지될 것으로 보입니다. 은행 이름은 두 은행이 합병될 때
First Mid 는 S-4 양식 제출을 계획하고 있으며, Two Rivers 주주를 위한 대리 성명서/발행설명을 제공할 것입니다. 향후 전망 진술 토론은 규제 및 주주 승인의 필요성, 통합 시기 및 비용 등 잠재적 위험을 지적합니다.
First Mid Bancshares (FMBH) a annoncé une fusion avec Two Rivers Financial Group (TRVR). Two Rivers fera partie de First Mid, la clôture visant le premier trimestre 2026, sous réserve des approbations habituelles. On dit aux clients que tout est affaires habituelles jusqu'à l'achèvement, avec les chèques et les cartes existants qui continueront de fonctionner et tout changement de système communiqué à l'avance.
L'organisation fusionnée offrira un accès élargi aux services bancaires à travers le Wisconsin, l'Illinois, le Missouri et le Texas, ainsi que des offres plus larges en agriculture, assurance et investissements. First Mid exploite actuellement plus de 70 centres bancaires dans ces États, et les entreprises ne prévoient pas de fermetures de centres. Les heures d'ouverture devraient rester les mêmes avant la fusion. Le nom de la banque changera lorsque les banques fusionneront en
First Mid prévoit de déposer un Formulaire S-4, et une déclaration/prospectus de procuration pour les actionnaires de Two Rivers sera fourni. La discussion sur les déclarations prospectives indique des risques potentiels, notamment les approbations réglementaires et des actionnaires requises, ainsi que les coûts et le calendrier d'intégration.
First Mid Bancshares (FMBH) kündigte eine Fusion mit Two Rivers Financial Group (TRVR) an. Two Rivers wird Teil von First Mid, der Abschluss ist für das erste Quartal 2026 vorgesehen, vorbehaltlich der üblichen Genehmigungen. Kunden wird mitgeteilt, dass bis zum Abschluss normale Geschäftstätigkeit herrscht, vorhandene Checks und Karten weiterhin funktionieren und Systemänderungen im Voraus mitgeteilt werden.
Die fusionierte Organisation ermöglicht einen erweiterten Zugang zu Bankdienstleistungen in Wisconsin, Illinois, Missouri und Texas sowie ein breiteres Angebot in den Bereichen Agrar, Versicherung und Investitionen. First Mid betreibt derzeit in diesen Bundesstaaten über 70 Filialen, und die Unternehmen gehen nicht von Filialschließungen aus. Die Öffnungszeiten der Filialen sollen vor der Fusion unverändert bleiben. Der Bankname wird sich ändern, wenn die Banken in
First Mid plant die Einreichung eines Form S-4, und es wird eine Proxy-Erklärung/Prospekt für die Two Rivers-Aktionäre bereitgestellt. Die Diskussion zu zukunftsgerichteten Aussagen weist auf potenzielle Risiken hin, darunter notwendige behördliche und Aktionärs-Genehmigungen sowie Zeit- und Kostenfaktoren der Integration.
أعلنت شركة First Mid Bancshares (FMBH) عن اندماج مع Two Rivers Financial Group (TRVR). ستصبح Two Rivers جزءاً من First Mid، مع إغلاق مستهدف للربع الأول من 2026، رهناً بالموافقات المعتادة. يُبلغ العملاء بأن العمل سيكون كالمعتاد حتى الإتمام، مع استمرار عمل الشيكات والبطاقات الحالية وأي تغييرات في النظام سيتم الإبلاغ عنها مسبقاً.
تبرز المنظمة المدمجة وصولاً موسعاً إلى الخدمات المصرفية عبر ويسكونسن وإلينوي وميسوري وتكساس، بالإضافة إلى عروض أوسع في مجالات الزراعة والتأمين والاستثمار. تدير First Mid حالياً أكثر من 70 مركزاً مصرفياً في هذه الولايات، ولا تتوقع الشركات إغلاق فروع. من المتوقع أن تظل ساعات العمل في الفروع كما هي قبل الدمج. سيتغير اسم البنك عند اندماج البنوك في
تخطط First Mid لتقديم نموذج S-4، وسيتم توفير بيان وكالة/نشرة للمساهمين في Two Rivers. وتشير مناقشة البيانات الموجهة للمستقبل إلى مخاطر محتملة، بما في ذلك الموافقات التنظيمية وموافقة المساهمين وتكاليف وتوقيت الدمج.
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Insights
Announced bank merger with closing targeted for Q1 2026; neutral.
First Mid plans to combine with Two Rivers, aiming to close in
The communication lists no transaction value or financial terms. It underscores non‑disruption pre‑close and notes a bank name change in
Key formal step: filing of a Form S-4 with a proxy statement/prospectus sent to Two Rivers shareholders. The actual impact depends on approvals and integration execution; specifics on financial effects are not provided in this excerpt.
First Mid Bancshares (FMBH) ha annunciato una fusione con Two Rivers Financial Group (TRVR). Two Rivers entrerà a far parte di First Mid, con chiusura prevista per il primo trimestre del 2026, soggetta alle consuete approvazioni. I clienti sono informati che è sempre attività normale fino al completamento, con assegni e carte esistenti che continueranno a funzionare e eventuali cambiamenti di sistema comunicati in anticipo.
L'organizzazione combinata offrirà un accesso ampliato ai servizi bancari in Wisconsin, Illinois, Missouri e Texas, oltre a una gamma più ampia di offerte di agricoltura, assicurazioni e investimenti. Attualmente First Mid gestisce oltre 70 sportelli bancari in questi stati, e le aziende non prevedono chiusure di sportelli. Orari degli uffici dovrebbero rimanere invariati prima della fusione. Il nome della banca cambierà quando le banche si fonderanno in
First Mid prevede di presentare un modulo S-4, e sarà fornita una dichiarazione/prospetto di delega agli azionisti di Two Rivers. La sezione sulle dichiarazioni previsionali evidenzia rischi potenziali, inclusi necessità di approvazioni regolamentari e azionisti e tempi e costi dell'integrazione.
First Mid Bancshares (FMBH) anunció una fusión con Two Rivers Financial Group (TRVR). Two Rivers pasará a formar parte de First Mid, con cierre previsto para el primer trimestre de 2026, sujeto a las aprobaciones habituales. A los clientes se les informa que seguirán siendo tiempo de negocio normal hasta la finalización, con los cheques y tarjetas existentes que seguirán funcionando y cualquier cambio de sistema comunicado por adelantado.
La organización combinada ampliará el acceso a servicios bancarios en Wisconsin, Illinois, Missouri y Texas, además de ampliar las ofertas de agronegocios, seguros y asesoría de inversiones. First Mid opera actualmente más de 70 centros bancarios en estos estados, y las empresas no anticipan cierres de sucursales. Se espera que el horario de las oficinas permanezca igual antes de la fusión. El nombre del banco cambiará cuando las banks se fusionen en
First Mid planea presentar un Formulario S-4, y se proporcionará una declaración/prospecto para los accionistas de Two Rivers. La sección sobre declaraciones prospectivas señala riesgos potenciales, incluidas aprobaciones regulatorias y de accionistas requeridas, y los tiempos y costos de la integración.
First Mid Bancshares (FMBH) 은 Two Rivers Financial Group (TRVR) 와의 합병을 발표했습니다. Two Rivers는 First Mid 의 일부가 되며, 2026년 1분기로 닻을 내리려는 폐쇄를 목표로 하되 일반적인 승인에 따른다. 고객에게는 완료될 때까지 평소대로 업무가 진행되며, 기존 수표와 카드가 계속 작동하고 시스템 변경사항은 사전에 고지될 것이라고 안내됩니다.
합병된 조직은 위스콘신, 일리노이, 미주리 및 텍사스 전역에서 은행 서비스에 대한 접근성을 확대하고, 농업, 보험 및 투자 분야의 제안을 확대합니다. First Mid는 현재 이들 주에서 70개가 넘는 은행 지점을 운영하고 있으며, 은행 지점 폐쇄는 예상하지 않습니다. 지점 운영 시간은 합병 전과 동일하게 유지될 것으로 보입니다. 은행 이름은 두 은행이 합병될 때
First Mid 는 S-4 양식 제출을 계획하고 있으며, Two Rivers 주주를 위한 대리 성명서/발행설명을 제공할 것입니다. 향후 전망 진술 토론은 규제 및 주주 승인의 필요성, 통합 시기 및 비용 등 잠재적 위험을 지적합니다.
First Mid Bancshares (FMBH) a annoncé une fusion avec Two Rivers Financial Group (TRVR). Two Rivers fera partie de First Mid, la clôture visant le premier trimestre 2026, sous réserve des approbations habituelles. On dit aux clients que tout est affaires habituelles jusqu'à l'achèvement, avec les chèques et les cartes existants qui continueront de fonctionner et tout changement de système communiqué à l'avance.
L'organisation fusionnée offrira un accès élargi aux services bancaires à travers le Wisconsin, l'Illinois, le Missouri et le Texas, ainsi que des offres plus larges en agriculture, assurance et investissements. First Mid exploite actuellement plus de 70 centres bancaires dans ces États, et les entreprises ne prévoient pas de fermetures de centres. Les heures d'ouverture devraient rester les mêmes avant la fusion. Le nom de la banque changera lorsque les banques fusionneront en
First Mid prévoit de déposer un Formulaire S-4, et une déclaration/prospectus de procuration pour les actionnaires de Two Rivers sera fourni. La discussion sur les déclarations prospectives indique des risques potentiels, notamment les approbations réglementaires et des actionnaires requises, ainsi que les coûts et le calendrier d'intégration.
First Mid Bancshares (FMBH) kündigte eine Fusion mit Two Rivers Financial Group (TRVR) an. Two Rivers wird Teil von First Mid, der Abschluss ist für das erste Quartal 2026 vorgesehen, vorbehaltlich der üblichen Genehmigungen. Kunden wird mitgeteilt, dass bis zum Abschluss normale Geschäftstätigkeit herrscht, vorhandene Checks und Karten weiterhin funktionieren und Systemänderungen im Voraus mitgeteilt werden.
Die fusionierte Organisation ermöglicht einen erweiterten Zugang zu Bankdienstleistungen in Wisconsin, Illinois, Missouri und Texas sowie ein breiteres Angebot in den Bereichen Agrar, Versicherung und Investitionen. First Mid betreibt derzeit in diesen Bundesstaaten über 70 Filialen, und die Unternehmen gehen nicht von Filialschließungen aus. Die Öffnungszeiten der Filialen sollen vor der Fusion unverändert bleiben. Der Bankname wird sich ändern, wenn die Banken in
First Mid plant die Einreichung eines Form S-4, und es wird eine Proxy-Erklärung/Prospekt für die Two Rivers-Aktionäre bereitgestellt. Die Diskussion zu zukunftsgerichteten Aussagen weist auf potenzielle Risiken hin, darunter notwendige behördliche und Aktionärs-Genehmigungen sowie Zeit- und Kostenfaktoren der Integration.
أعلنت شركة First Mid Bancshares (FMBH) عن اندماج مع Two Rivers Financial Group (TRVR). ستصبح Two Rivers جزءاً من First Mid، مع إغلاق مستهدف للربع الأول من 2026، رهناً بالموافقات المعتادة. يُبلغ العملاء بأن العمل سيكون كالمعتاد حتى الإتمام، مع استمرار عمل الشيكات والبطاقات الحالية وأي تغييرات في النظام سيتم الإبلاغ عنها مسبقاً.
تبرز المنظمة المدمجة وصولاً موسعاً إلى الخدمات المصرفية عبر ويسكونسن وإلينوي وميسوري وتكساس، بالإضافة إلى عروض أوسع في مجالات الزراعة والتأمين والاستثمار. تدير First Mid حالياً أكثر من 70 مركزاً مصرفياً في هذه الولايات، ولا تتوقع الشركات إغلاق فروع. من المتوقع أن تظل ساعات العمل في الفروع كما هي قبل الدمج. سيتغير اسم البنك عند اندماج البنوك في
تخطط First Mid لتقديم نموذج S-4، وسيتم توفير بيان وكالة/نشرة للمساهمين في Two Rivers. وتشير مناقشة البيانات الموجهة للمستقبل إلى مخاطر محتملة، بما في ذلك الموافقات التنظيمية وموافقة المساهمين وتكاليف وتوقيت الدمج.
Filed by First Mid Bancshares, Inc.
pursuant to Rule 425 under the Securities Act of 1933,
as amended, and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934, as amended
Subject Company: Two Rivers Financial Group, Inc.
First Mid Bancshares, Inc. Exchange Act File No.: 001-36434
Questions and Answers for our customers
concerning our recent merger announcement
Overview
On October 30, 2025, First Mid Bancshares, Inc. (First Mid) (NASDAQ: FMBH) and Two Rivers Financial Group, Inc. (Two Rivers) (OTCQX: TRVR) were pleased to announce that Two Rivers will become part of First Mid, headquartered in Mattoon, IL. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions and required approvals. Combining our companies will increase your access to banking services through an expanded network of branch and ATM locations throughout Wisconsin, Illinois, Missouri, and Texas, while also providing significant wealth management and insurance services. As we draw closer to the completion of this transaction, you will receive additional information about any changes to your current accounts which may affect you.
Until the transaction is complete, it is business as usual at Two Rivers. You should continue to use your existing checks, debit/ATM cards, etc. Rest assured you will continue to receive the highest level of service in our banking centers, now and in the future.
We know you may have questions about this change; therefore, we are sharing some information with you that may be helpful. We are committed to keeping you informed about this process and how it may affect you. As always, you can call Two Rivers at 888.226.6063 with any questions or concerns.
Why are you doing this merger?
With each organization having legacies extending greater than a century, there are parallel rich histories of tradition, growth, and a deep commitment to the communities we serve. Placing customers first is at the core of the value system for both community banks. Together, through our shared values and collective resources, we will build on this strong foundation; expanding our products and services to better serve those who value and deserve the authentic community banking experience for generations to come.
Who is First Mid?
First Mid Bank & Trust, the oldest national bank in Illinois, has proudly served communities since its chartering in 1865. Recognized as one of the nation’s top-performing banks, First Mid was recently named by Forbes among America’s Best Banks (#33) and the Best Banks in Illinois (#2). The bank has also earned a five-star rating from Bauer Financial, been ranked among the Top 100 Community Banks by S&P Global Market Intelligence and has received the Small Business Administration’s Central/Southern Illinois Community Lender of the Year award from the Illinois District Office for multiple consecutive years.
What will happen to the Bank Branch/ATM/Online Banking I currently use?
Absolutely nothing is changing right now. You should continue to use your existing checks, debit/ATM cards, etc. as you normally do. Prior to the system integration, any changes will be communicated to you. You will continue to receive the same high-quality service before and after the merger.
How does this merger benefit me?
First Mid has a like-minded focus on commitment to the communities it serves and is a fit both culturally and strategically for our customers, employees, and shareholders. The merger will create a larger organization that will strengthen the products and services available to our customers. In the future, you will enjoy a broader range of financial solutions including expanded ag, insurance, and investment services. The merger will increase your access to banking services through an expanded network of branch and ATM locations. First Mid currently operates over 70 banking centers in Wisconsin, Illinois, Missouri, and Texas.
Will banking centers be closing?
First Mid’s branch network is complementary with Two Rivers branch network, and we do not anticipate any banking center closings.
Will my branch hours be changing?
Prior to the merger, Two Rivers and First Mid will continue to operate as separate businesses. We do not anticipate any change in our hours. If there are changes of any kind in the future, we will share that information with our customers well in advance.
Will this change your commitment to the community?
First Mid shares our commitment to community investment and community service. First Mid employees are encouraged and empowered to volunteer their time. Last year, First Mid employees donated over 22,000 volunteer hours to their communities.
Will the name of the bank change?
Yes, the name will change when the banks merge in mid-2026.
How can I find out more about First Mid services?
As we get closer to the merger date, more information will be available to you. Until that time, you can learn more about First Mid by visiting www.firstmid.com or by following First Mid Bank & Trust on Facebook.
Forward Looking Statements
This document may contain certain forward-looking statements about First Mid and Two Rivers, such as discussions of First Mid’s and Two Rivers’ pricing and fee trends, credit quality and outlook, liquidity, new business results, expansion plans, anticipated expenses and planned schedules. First Mid intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations of First Mid and Two Rivers, are identified by use of the words “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions. Actual results could differ materially from the results indicated by these statements because the realization of those results is subject to many risks and uncertainties, including, among other things, the possibility that any of the anticipated benefits of the proposed transactions between First Mid and Two Rivers will not be realized or will not be realized within the expected time period; the risk that integration of the operations of Two Rivers with First Mid will be materially delayed or will be more costly or difficult than expected; the inability to complete the proposed transactions due to the failure to satisfy conditions to completion of the proposed transactions, including failure to obtain the required regulatory, shareholder and other approvals; the failure of the proposed transactions to close for any other reason; the effect of the announcement of the proposed transactions on customer relationships and operating results; the possibility that the proposed transactions may be more expensive to complete than anticipated, including as a result of unexpected factors or events; changes in interest rates; general economic conditions and those in the market areas of First Mid and Two Rivers; legislative and/or regulatory changes; monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board; the quality or composition of First Mid’s and Two Rivers’ loan or investment portfolios and the valuation of those investment portfolios; demand for loan products; deposit flows; competition, demand for financial services in the market areas of First Mid and Two Rivers; accounting principles, policies and guidelines; the ability to complete the proposed transactions or any of the other foregoing risks. Additional information concerning First Mid, including additional factors and risks that could materially affect First Mid’s financial results, are included in First Mid’s filings with the SEC, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date they are made. Except as required under the federal securities laws or the rules and regulations of the SEC, we do not undertake any obligation to update or review any forward-looking information, whether as a result of new information, future events or otherwise.
Important Information about the Merger and Additional Information
First Mid will file a registration statement on Form S-4 with the SEC in connection with the proposed transaction. The registration statement will include a proxy statement of Two Rivers that also constitutes a prospectus of First Mid, which will be sent to the shareholders of Two Rivers. Investors in Two Rivers are urged to read the proxy statement/prospectus, which will contain important information, including detailed risk factors, when it becomes available. The proxy statement/prospectus and other documents which will be filed by First Mid with the SEC will be available free of charge at the SEC’s website, www.sec.gov. These documents also can be obtained free of charge by accessing First Mid’s website at www.firstmid.com under the tab “Investors Relations” and then under “SEC Filings.” Alternatively, when available, these documents can be obtained free of charge from First Mid upon written request to First Mid Bancshares, P.O. Box 499, Mattoon, IL 61938, Attention: Investor Relations; or from Two Rivers upon written request to Two Rivers Financial Group, Inc., 222 North Main, Burlington, IA 52601, Attention: Frank J. Delaney, Chair & Interim CEO. A final proxy statement/prospectus will be mailed to the shareholders of Two Rivers.
Participants in the Solicitation
First Mid and Two Rivers, and certain of their respective directors, executive officers and other members of management and employees, are participants in the solicitation of proxies in connection with the proposed transactions. Information about the directors and executive officers of First Mid is set forth in the proxy statement for its 2025 annual meeting of stockholders, which was filed with the SEC on March 18, 2025. These documents can be obtained free of charge from the sources provided above. Investors may obtain additional information regarding the interests of such participants in the proposed transactions by reading the proxy statement/prospectus for such proposed transactions when it becomes available.
No Offer or Solicitation
This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
FAQ
What did First Mid Bancshares (FMBH) announce regarding Two Rivers (TRVR)?
Will my banking services change before the merger closes?
Will branches close or hours change due to the merger of FMBH and TRVR?
What expanded access will customers have after the merger?
When will the bank name change after the FMBH–TRVR merger?
What regulatory filings will be made for the transaction?
