secwatch.observer — SEC 8-K summary
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Issuer:     FIRST MID BANCSHARES, INC. (FMBH)
CIK:        0000700565
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001171843-23-002584
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Mid Q1 net income $19.2M ($0.93 EPS); record insurance revenue; announces Blackhawk merger
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- Net income $19.2M, diluted EPS $0.93; adjusted net income $19.7M, $0.96 EPS.
- Record insurance revenue drove noninterest income to $22.5M, up 6.6% YoY.
- Announced acquisition of Blackhawk Bancorp; expected to close in 2023.
- Efficiency initiative to deliver $2.2M annual cost savings; $0.5M severance in Q1.
- Board declared $0.23 quarterly dividend, payable June 1, 2023 to holders of record May 17.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700565/000117184323002584/0001171843-23-002584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700565/000117184323002584/f8k_042623.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-002584

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer