secwatch.observer — SEC 8-K summary
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Issuer:     FIRST MID BANCSHARES, INC. (FMBH)
CIK:        0000700565
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001171843-24-002181
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Mid Q1 net income $20.5M ($0.86 EPS); insurance drives record noninterest income
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- Net income $20.5M, diluted EPS $0.86; adjusted net income $22.3M, adjusted EPS $0.93.
- Net interest income fell 3.5% QoQ to $2.0M decline; NIM tax-equivalent 3.25%.
- Record noninterest income of $24.5M led by insurance revenue up $3.8M QoQ.
- Nonperforming loans to total loans 0.36%; ACL to loans 1.24%; net charge-offs $0.4M.
- Dividend $0.23 payable May 31, 2024 to holders of record May 15; tangible book value $22.49.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700565/000117184324002181/0001171843-24-002181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700565/000117184324002181/f8k_042424.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002181

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