secwatch.observer — SEC 8-K summary
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Issuer:     FIRST MID BANCSHARES, INC. (FMBH)
CIK:        0000700565
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001171843-25-002652
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Mid Bancshares reports record Q1 net income $22.2M ($0.93 EPS); NIM expands to 3.60%
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- Record net income of $22.2M ($0.93 diluted EPS); adjusted net income of $23.1M ($0.96 adjusted EPS).
- Net interest margin (tax-equivalent) expanded 19 bps QoQ to 3.60%, driving fourth consecutive quarter of NII growth.
- Loans grew $26.4M to $5.70B; deposits increased $73.3M to $6.13B; FHLB borrowings and sub debt reduced $55.5M.
- Quarterly dividend of $0.24 declared, payable May 30, 2025 to holders of record May 15, 2025.
- Nonperforming loans declined $3.2M to $26.6M; ACL ratio 1.23%; allowance coverage of NPLs at 263.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700565/000117184325002652/0001171843-25-002652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700565/000117184325002652/f8k_042925.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-002652

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