FIRST MID BANCSHARES, INC.
First Mid Bancshares, Inc. (NASDAQ: FMBI) operates as a financial holding company providing comprehensive banking, insurance, wealth management, and trust services across the Midwest and Texas. The company's website is www.firstmid.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What FIRST MID BANCSHARES, INC. does
In the company’s own words
First Mid Bancshares, Inc. (NASDAQ: FMBI) operates as a financial holding company providing comprehensive banking, insurance, wealth management, and trust services across the Midwest and Texas. The company's website is www.firstmid.com.
The company conducts its banking operations through First Mid Bank & Trust, N.A., a national bank with a substantial presence across Illinois, Missouri, Wisconsin, and Texas. First Mid Bank operates fifty-four separate locations in Illinois, eighteen in Missouri, three in Wisconsin, one in Texas, and one office in Indiana dedicated to agency finance and loan production, serving sixty different communities. The bank's lending portfolio has grown significantly, with total commercial real estate loans increasing from $1.7 billion in 2021 to $2.6 billion by the end of 2025. Lending activities represent approximately 74 percent of total revenues.
Beyond traditional banking, First Mid Bancshares operates First Mid Insurance Group, which provides property and casualty, senior insurance products, and group medical insurance. The company also operates First Mid Wealth Management Company, offering estate planning, investment services, employee benefit services, farm management, and brokerage services. A captive insurance subsidiary, First Mid Captive, Inc., and an investment subsidiary, First Mid Investments, Inc., round out the corporate structure.
The company has pursued strategic growth through acquisitions, most notably the August 2023 acquisition of Blackhawk Bancorp, which was subsequently merged into First Mid Bank in December 2023. During the third quarter of 2024, the company acquired Mid Rivers Insurance Group, which was merged into First Mid Insurance.
First Mid Bancshares maintains a strong capital position with regulatory capital ratios exceeding Federal Reserve Board minimum requirements. The company employs a centralized operational structure based in Mattoon, Illinois, which allows branch locations to maintain customer focus while managing administrative costs and regulatory compliance. The company's credit quality metrics compare favorably with peer institutions, with nonperforming loans at 0.53 percent of total loans and average net charge-offs of 0.06 percent over the past five years.
Company details
- Sector
- Financials
- Industry
- Banks & Brokers
- Headquarters
- MATTOON, IL
- Fiscal year end
- December
- CIK
- 700565
- SIC
- 6022
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns FIRST MID BANCSHARES, INC. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · FIRST MID BANCSHARES, INC.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do FIRST MID BANCSHARES, INC. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of FIRST MID BANCSHARES, INC.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in FIRST MID BANCSHARES, INC.'s last four quarterly filings that the numbers alone won't show?”