secwatch.observer — SEC 8-K summary
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Issuer:     FIRST MID BANCSHARES, INC. (FMBH)
CIK:        0000700565
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001171843-23-004705
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Mid Q2 net income $16.6M ($0.80 EPS); Blackhawk acquisition closing mid-August
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- Net income $16.6M ($0.80 diluted EPS); adjusted net income $17.2M ($0.83 diluted EPS).
- Loans grew 1.1% QoQ to $4.81B; deposits grew 3.8% to $5.22B.
- Net interest margin (tax-equivalent) 2.84%, down 10 bps QoQ from higher funding costs.
- Completed PGIB Insurance acquisition on June 16 ($2.5M annual revenue); Blackhawk reg approvals received, closing targeted mid-August.
- Quarterly dividend maintained at $0.23/share, payable Sept 1 to holders of record Aug 14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700565/000117184323004705/0001171843-23-004705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700565/000117184323004705/f8k_072623.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-004705

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