FIRST MID BANCSHARES, INC.
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 6, 2026
FMBH$51.24-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Stockholders’ Equity (unaudited)
For the nine months ended September 30, 2026
| (In thousands) | CommonStock | AdditionalPaid-In-Capital | RetainedEarnings | DeferredCompensation | AccumulatedOtherComprehensiveLoss | TreasuryStock | Total |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | $100,688 | $516,984 | $463,543 | $2,654 | $(101,301) | $(23,876) | $958,692 |
| Net income | — | — | 87,413 | — | — | — | 87,413 |
| Other comprehensive loss, net of tax | — | — | — | — | (35,844) | — | (35,844) |
| Dividends on common stock ($.76 per share) | — | 7 | (19,486) | — | — | — | (19,479) |
| Issuance of 82,046 restricted common shares pursuant to 2017 stock incentive plan, net of forfeitures | 328 | 3,252 | — | — | — | — | 3,580 |
| Issuance of 6,975 common shares pursuant to 2017 stock incentive plan, net of forfeitures | 28 | 276 | — | — | — | — | 304 |
| Issuance of 20,852 common shares pursuant to the employee stock purchase plan | 84 | 613 | — | — | — | — | 697 |
| Issuance of 2,539,831 common shares pursuant to acquisition of Two Rivers Financial Group, Inc. | 10,159 | 93,999 | — | — | — | — | 104,158 |
| Purchase of 34,558 treasury shares | — | — | — | — | — | (1,421) | (1,421) |
| Deferred compensation | — | — | — | (3,394) | — | (558) | (3,952) |
| Grant of restricted stock units pursuant to the 2017 stock incentive plan | — | 2,504 | — | — | — | — | 2,504 |
| Release of restricted stock units pursuant to 2017 stock incentive plan | — | (2,070) | — | — | — | — | (2,070) |
| Vested restricted shares/units compensation expense | — | 160 | — | 2,153 | — | — | 2,313 |
| September 30, 2026 | $111,287 | $615,725 | $531,470 | $1,413 | $(137,145) | $(25,855) | $1,096,895 |
For the nine months ended September 30, 2025
| (In thousands) | CommonStock | AdditionalPaid-In-Capital | RetainedEarnings | DeferredCompensation | AccumulatedOtherComprehensiveLoss | TreasuryStock | Total |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | $100,258 | $512,810 | $395,189 | $2,756 | $(142,383) | $(22,239) | $846,391 |
| Net income | — | — | 68,071 | — | — | — | 68,071 |
| Other comprehensive income, net tax | — | — | — | — | 32,371 | — | 32,371 |
| Cash dividends on common stock (0.73/share) | — | — | (17,424) | — | — | — | (17,424) |
| Issuance of 72,934 restricted shares pursuant to 2017 stock incentive plan, net of forfeitures | 292 | 2,551 | — | — | — | — | 2,843 |
| Issuance of 5,600 common shares pursuant to 2017 stock incentive plan | 22 | 196 | — | — | — | — | 218 |
| Issuance of 22,492 common shares pursuant to the employee stock purchase plan | 90 | 587 | — | — | — | — | 677 |
| Deferred compensation | — | — | — | (2,590) | — | (622) | (3,212) |
| Grant of restricted units pursuant to 2017 stock incentive plan | — | 2,070 | — | — | — | — | 2,070 |
| Release of restricted units pursuant to 2017 stock incentive plan | — | (1,634) | — | — | — | — | (1,634) |
| Vested restricted shares/units compensation expense | — | 166 | — | 1,642 | — | — | 1,808 |
| September 30, 2025 | $100,662 | $516,746 | $445,836 | $1,808 | $(110,012) | $(22,861) | $932,179 |
| Nine months ended September 30, | ||
|---|---|---|
| (In thousands) | 2026 | 2025 |
| Cash flows from operating activities: | ||
| Net income | $87,413 | $68,071 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Provision for credit losses | 3,844 | 7,572 |
| Depreciation, amortization and accretion, net | 16,742 | 14,858 |
| Change in cash surrender value of bank owned life insurance | (4,242) | (3,661) |
| Gain on death benefit paid from bank owned life insurance | (92) | (487) |
| Stock-based compensation expense | 2,524 | 1,996 |
| Operating lease payments | (2,676) | (2,483) |
| Loss (gain) on sale of investment securities, net | (118) | 2,111 |
| Loss on sales and write-downs of other real estate owned, net | 598 | 238 |
| Gain on sale of premises and equipment | (10) | (1,260) |
| Gain on sale of loans held for sale, net | (3,535) | (2,785) |
| Loss on repayment of subordinated debt | 125 | 289 |
| Gain on repayment of other borrowings | — | (85) |
| Increase in accrued interest receivable | (3,328) | (2,996) |
| Increase in accrued interest payable | 548 | 2,840 |
| Origination of loans held for sale | (131,109) | (119,883) |
| Proceeds from sale of loans held for sale | 131,478 | 123,739 |
| Decrease (increase) in other assets | (5,355) | 1,665 |
| Increase (decrease) in other liabilities | 5,932 | (1,068) |
| Net cash provided by operating activities | 98,739 | 88,671 |
| Cash flows from investing activities: | ||
| Proceeds from maturities of certificates of deposits | 2,000 | 2,450 |
| Purchases of certificates of deposits | (4,120) | — |
| Proceeds from sales of investment securities available-for-sale | 167,867 | 42,094 |
| Proceeds from maturities of investment securities available-for-sale | 75,859 | 87,543 |
| Purchases of investment securities available-for-sale | (376,705) | (116,705) |
| Purchase of investment securities held-to-maturity | (9) | (56) |
| Net decrease (increase) in loans | 31,924 | (157,373) |
| Proceeds from sale of equity securities | 2,201 | — |
| Purchases of premises and equipment | (5,692) | (4,814) |
| Proceeds from sale of premises and equipment | 20 | 7,871 |
| Proceeds from sales of other real property owned, net | 519 | 590 |
| Proceeds from bank owned life insurance death benefit | 452 | 1,414 |
| Purchase of other investments | (2,093) | — |
| Net cash provided by (used in) acquisition | 88,269 | (2,300) |
| Net cash used in investing activities | (19,508) | (139,286) |
| Cash flows from financing activities: | ||
| Net increase in deposits | 179,698 | 232,447 |
| Decrease in repurchase agreements with customers | (8,990) | (3,616) |
| Proceeds from other borrowings | 235,000 | 150,000 |
| Repayment of other borrowings | (171,126) | (147,435) |
| Proceeds from short-term debt | — | 4,000 |
| Repayment of short-term debt | — | (4,000) |
| Repayment of subordinated debt | (37,500) | (8,381) |
| Proceeds from issuance of common stock | 1,001 | 895 |
| Purchase of treasury stock | (1,421) | — |
| Dividends paid on common stock | (19,479) | (17,424) |
| Net cash provided by financing activities | 177,183 | 206,486 |
| Increase in cash and cash equivalents | 256,414 | 155,871 |
| Cash and cash equivalents at beginning of period | 254,920 | 121,216 |
| Cash and cash equivalents at end of period | $511,334 | $277,087 |
| Nine months ended September 30, | ||
|---|---|---|
| (In thousands) | 2026 | 2025 |
| Supplemental disclosures of cash flow information | ||
| Cash paid (received) during the period for: | ||
| Interest | $101,178 | $84,846 |
| Income taxes, net of refunds | ||
| US Federal | $23,275 | $9,091 |
| State of Illinois | 6,694 | 3,756 |
| State of Missouri | 200 | 573 |
| State of Wisconsin | 340 | 385 |
| Other | 291 | 180 |
| Total income taxes, net of refunds | $30,800 | $13,985 |
| Supplemental disclosures of noncash investing and financing activities | ||
| Loans transferred to other real estate owned | $2,399 | $103 |
| Fixed assets transferred to other real estate owned | — | — |
| Initial recognition of right-of-use assets in exchange for lease liabilities | 85 | 1,584 |
| Dividends reinvested in common stock | — | — |
| Net tax benefit related to option and deferred compensation plans | — | — |
| Supplemental disclosures for purchases of capital stock | ||
| Fair value of assets acquired and goodwill recognized | $1,186,197 | $— |
| Consideration paid: | ||
| Cash paid | 3 | — |
| Common stock issued | 104,158 | — |
| Total consideration paid | 104,161 | — |
| Fair value of liabilities assumed | $1,082,036 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.