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.
FIRST MID BANCSHARES, INC. President Matthew K. Smith reported an indirect acquisition of common stock through a compensation arrangement. On April 2, 2026, an additional 65.0840 shares of common stock were credited at $41.15 per share under the Company’s Deferred Compensation Plan, described as a planned quarterly purchase. Following this transaction, indirect holdings in the plan increased to 2,134.6832 shares, while a separate line shows 22,653.0000 shares held directly as a baseline ownership figure.
First Mid Bancshares director Robert S. Cook acquired additional Common Stock through compensation rather than an open-market purchase. On April 2, 2026, an award of 320.263 shares was credited at $41.1500 per share via a planned quarterly purchase under the Company’s Deferred Compensation Plan, bringing this deferred comp holding to 6,825.6297 shares held indirectly. The filing also lists his other positions, including 17,797.0000 shares held directly and various indirect holdings as custodian for children, through a 401(k), IRA, an LLC, and by spouse. Several entries are identified as holdings or transactions not required to be reported under Section 16, emphasizing that the main new activity is this routine compensation-related share acquisition.
FIRST MID BANCSHARES, INC. executive Clay M. Dean, CEO of First Mid Insurance Group, reported an open-market sale of 3,696.229 shares of Common Stock on December 24, 2025, at $40.5819 per share through a 401k account. After this transaction, he indirectly holds 277.7001 shares through the 401k, directly holds 12,071.819 shares, and indirectly holds 4,236.9351 shares through a Deferred Compensation Plan.
FIRST MID BANCSHARES, INC. executive Stas R. Wolak, EVP and Chief Retail Banking Officer, reported an open-market sale of 430 shares of Common Stock at $43.67 per share. After this transaction, Wolak directly holds 3,630 shares of the company’s Common Stock.
The Vanguard Group amended its Schedule 13G/A reporting for First Mid Bancshares Inc. The filing states zero shares beneficially owned and 0% of the common stock as of the amendment, and explains an internal realignment effective January 12, 2026 that disaggregated certain subsidiaries' holdings for SEC reporting purposes.
The form lists Vanguard's address and an authorized signature by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026. The amendment affirms Vanguard and certain related entities do not beneficially own more than 5% of the class.
First Mid Bancshares, Inc. is asking stockholders to vote at its April 29, 2026 annual meeting on electing four Class I directors for terms expiring in 2029, holding an advisory vote on executive compensation, and handling any other proper business. Stockholders of record on March 5, 2026, when 26,622,310 common shares were outstanding, may vote.
The proxy details a largely independent 10‑member board, active audit, compensation, nominating & governance, and risk committees, and a focus on diversity, human capital and community and environmental initiatives. Executive pay combines salary, annual cash incentives tied mainly to adjusted net income, asset quality, efficiency, lines-of-business results and loan growth, plus performance‑based RSUs. For 2025, adjusted net income of $91.6 million exceeded target, producing above‑target bonuses, including a $1,019,364 cash incentive for CEO Joseph R. Dively on a $543,400 base salary and maximum vesting of his 12,000‑unit RSU award (earning 13,200 shares).
First Mid Bancshares has completed its acquisition of Two Rivers Financial Group, merging Two Rivers into a First Mid subsidiary. Two Rivers shareholders received 1.225 shares of First Mid common stock for each Two Rivers share, plus cash for fractional shares, resulting in approximately 2,539,879 First Mid shares issued as consideration.
As of December 31, 2025, Two Rivers had about $1.2 billion in assets, $883 million in loans, $1.0 billion in deposits, and more than $1.2 billion in trust and wealth assets under management across 14 Iowa locations. Following the deal, First Mid now has approximately $9.1 billion in total assets and $7.9 billion in total trust and wealth assets under management.
In connection with the merger, First Mid assumed $10,310,000 of Two Rivers’ junior subordinated debt securities due March 15, 2035, and a Bankers’ Bank loan with approximately $20,074,551 outstanding as of February 28, 2026. The company expects customer account conversions from Two Rivers to occur in June, with communications provided in advance.
First Mid Bancshares, Inc. files its annual report describing a diversified community banking, wealth management and insurance platform operating across Illinois, Missouri, Wisconsin, Texas and Indiana. As of February 27, 2026, 24,082,479 common shares were outstanding.
Commercial real estate loans grew from $1.7 billion at December 31, 2021 to $2.6 billion at December 31, 2025, with about 74% of 2025 revenue from lending. Net interest margin on a tax‑equivalent basis improved to 3.70% in 2025 from 3.34% in 2024.
The company emphasizes human capital investment, leadership development and broad employee benefits, and reports 18,685 volunteer hours in 2025. It remains strongly capitalized, with consolidated total risk‑based capital of 15.67% and leverage of 11.07% at December 31, 2025, and continues to pursue organic and acquisition‑driven growth, including the 2023 Blackhawk Bancorp deal valued at $93.51 million.
First Mid Bancshares, Inc. reports that stockholders of Two Rivers Financial Group, Inc. have approved their previously announced merger. Two Rivers will merge into a First Mid subsidiary, making it a wholly owned company within the group.
The merger is expected to close on February 28, 2026, subject to customary closing conditions in the merger agreement. The companies also highlight numerous risk factors that could delay or prevent completion, including integration challenges, regulatory and economic changes, and potential impacts on customer relationships.