FIRST MID BANCSHARES, INC.

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

FMBH$51.24-0.5%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Changes in Stockholders’ Equity

Accumulated
Additional · Other
Common · Paid-In- · Retained · Deferred · Comprehensive · Treasury
	Stock	Capital	Earnings	Compensation	Loss	Stock	Total
December 31, 2024	$100,258	$512,810	$395,189	$2,756	$(142,383)	$(22,239)	$846,391
Net income	—	—	91,749	—	—	—	91,749
Other comprehensive income, net of tax	—	—	—	—	41,082	—	41,082
Dividends on common stock ($.98 per share)	—	—	(23,395)	—	—	—	(23,395)
Issuance of 72,583 restricted common shares pursuant to the 2017 stock incentive plan, net of forfeitures	290	2,541	—	—	—	—	2,831
Issuance of 5,717 common shares pursuant to the 2017 stock incentive plan, net of forfeitures	23	200	—	—	—	—	223
Issuance of 29,313 common shares pursuant to employee stock purchase plan	117	780	—	—	—	—	897
Purchase of 17,121 treasury shares	—	—	—	—	—	(724)	(724)
Deferred compensation	—	—	—	(2,288)	—	(913)	(3,201)
Grant of restricted stock units pursuant to the 2017 stock incentive plan	—	2,070	—	—	—	—	2,070
Release of restricted stock units pursuant to the 2017 stock incentive plan	—	(1,634)	—	—	—	—	(1,634)
Vested restricted shares/units compensation expense	—	217	—	2,186	—	—	2,403
December 31, 2025	$100,688	$516,984	$463,543	$2,654	$(101,301)	$(23,876)	$958,692

Accumulated
Additional · Other
Common · Paid-In- · Retained · Deferred · Comprehensive · Treasury
	Stock	Capital	Earnings	Compensation	Income (Loss)	Stock	Total
December 31, 2023	$99,919	$509,314	$338,662	$2,629	$(136,427)	$(20,893)	$793,204
Net income	—	—	78,898	—	—	—	78,898
Other comprehensive loss, net of tax	—	—	—	—	(5,956)	—	(5,956)
Dividends on common stock ($.94 per share)	—	—	(22,371)	—	—	—	(22,371)
Issuance of 45,995 restricted common shares pursuant to the 2017 stock incentive plan, net of forfeitures	184	1,358	—	—	—	—	1,542
Issuance of 5,717 common shares pursuant to the 2017 stock incentive plan, net of forfeitures	23	169	—	—	—	—	192
Issuance of 32,936 common shares pursuant to employee stock purchase plan	132	730	—	—	—	—	862
Issuance costs pursuant to acquisition of Blackhawk Bancorp, Inc.	—	—	—	—	—	—	—
Purchase of 15,978 treasury shares	—	—	—	—	—	(659)	(659)
Deferred compensation	—	—	—	(1,839)	—	(687)	(2,526)
Grant of restricted stock units pursuant to the 2017 stock incentive plan	—	1,634	—	—	—	—	1,634
Release of restricted stock units pursuant to the 2017 stock incentive plan	—	(617)	—	—	—	—	(617)
Vested restricted shares/units compensation expense	—	222	—	1,966	—	—	2,188
December 31, 2024	$100,258	$512,810	$395,189	$2,756	$(142,383)	$(22,239)	$846,391

Accumulated
Additional · Other
Common · Paid-In- · Retained · Deferred · Comprehensive · Treasury
	Stock	Capital	Earnings	Compensation	Income (Loss)	Stock	Total
December 31, 2022	$86,366	$427,001	$289,284	$2,064	$(151,507)	$(20,053)	$633,155
Net income	—	—	68,935	—	—	—	68,935
Other comprehensive income, net of tax	—	—	—	—	15,080	—	15,080
Dividends on common stock ($.92 per share)	—	—	(19,557)	—	—	—	(19,557)
Issuance of 54,431 restricted common shares pursuant to the 2017 stock incentive plan, net of forfeitures	218	1,402	—	—	—	—	1,620
Issuance of 4,600 common shares pursuant to the 2017 stock incentive plan, net of forfeitures	18	109	—	—	—	—	127
Issuance of 38,989 common shares pursuant to employee stock purchase plan	156	721	—	—	—	—	877
Issuance of 3,290,222 common shares pursuant to acquisition of Blackhawk Bancorp, Inc., net proceeds	13,161	80,347	—	—	—	—	93,508
Purchase of 13,481 treasury shares	—	—	—	—	—	(465)	(465)
Deferred compensation	—	—	—	(765)	—	(375)	(1,140)
Grant of restricted stock units pursuant to the 2017 stock incentive plan	—	1,048	—	—	—	—	1,048
Release of restricted stock units pursuant to the 2017 stock incentive plan	—	(1,529)	—	—	—	—	(1,529)
Vested restricted shares/units compensation expense	—	215	—	1,330	—	—	1,545
December 31, 2023	$99,919	$509,314	$338,662	$2,629	$(136,427)	$(20,893)	$793,204

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