secwatch.observer — SEC 8-K summary
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Issuer:     FIRST MID BANCSHARES, INC. (FMBH)
CIK:        0000700565
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001171843-23-006433
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Mid Q3 EPS $0.68 ($0.77 adjusted); Blackhawk acquisition adds $1.2B deposits
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- Net income $15.1M, diluted EPS $0.68; adjusted net income $17.1M, adjusted EPS $0.77.
- Closed Blackhawk acquisition Aug 15; added $1.2B deposits and $730.2M loans. Sold $251.9M in bonds for $3.4M gain.
- Net interest margin (tax equivalent) 3.06%, up 22 bps QoQ; total loans $5.54B, deposits $6.35B.
- Provision expense $5.9M (incl. CECL Day Two); ACL ratio 1.23%; net charge-offs $0.2M; NPLs 0.38%.
- Efficiency ratio adjusted 58.6%; tangible book value per share $19.73 (down, AOCI impact $1.15).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700565/000117184323006433/0001171843-23-006433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700565/000117184323006433/f8k_102523.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-006433

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