---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-001231"
form_type: "8-K"
ticker: "FMBH"
cik: "0000700565"
company_name: "FIRST MID BANCSHARES, INC."
filed_at: "2026-03-02T23:59:59+00:00"
generated_at: "2026-05-15T22:54:00.052193+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Mid Bancshares completes acquisition of Two Rivers Financial Group

## Summary
- Closed on Feb 28, 2026; Two Rivers shareholders received 1.225 FMBH shares per share (total ~2.54M shares).
- Two Rivers had $1.2B assets, $883M loans, $1.0B deposits, $1.2B trust/wealth AUM at 12/31/25.
- Combined First Mid now has ~$9.1B total assets and ~$7.9B trust/wealth AUM.
- First Mid assumed $10.31M junior subordinated debt (due 2035) and $20.07M loan from Bankers' Bank.
- Account conversion from Two Rivers expected in June 2026; customers notified in advance.

## SEC filing metadata
- accession: 0001171843-26-001231
- form_type: 8-K
- ticker: FMBH
- cik: 0000700565
- company_name: FIRST MID BANCSHARES, INC.
- filed_at: 2026-03-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700565/000117184326001231/0001171843-26-001231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700565/000117184326001231/f8k_030126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-001231
- JSON: https://secwatch.observer/filing/0001171843-26-001231.json
- Plain text: https://secwatch.observer/filing/0001171843-26-001231.txt

## Source-grounded claims
- claim_id: 20a8312c8add5450b7152dba69c8c5914773002c
  claim: FIRST MID BANCSHARES, INC. incurred senior notes of $10,310,000 with The Bank of New York Mellon Trust Company, N.A. maturing March 15, 2035.
  evidence_excerpt: First Mid assumed Two Rivers’ rights, duties and obligations under the Indenture between Two Rivers and the Trustee, dated as of December 30, 2004, pursuant to which Two Rivers has outstanding $10,310,000 of Junior Subordinated Debt Securities due March 15, 2035.
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326001231/0001171843-26-001231-index.htm
- claim_id: 8d2287d8163bf1a176b79b6769cf238a59b1caac
  claim: FIRST MID BANCSHARES, INC. incurred loan of approximately $20,074,551 with Bankers’ Bank.
  evidence_excerpt: First Mid assumed Two Rivers’ rights, duties and obligations with respect to Two Rivers’ loan with Bankers’ Bank, which had outstanding on February 28, 2026 approximately $20,074,551.
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326001231/0001171843-26-001231-index.htm
- claim_id: a2ca5a503768ebdf80de6205757316e5fb86fcf2
  claim: FIRST MID BANCSHARES, INC. completed an acquisition involving Two Rivers Financial Group, Inc. for 2,539,879 shares of First Mid common stock (closed 2026-02-28).
  evidence_excerpt: to be withheld. On an aggregate basis, the total consideration payable by First Mid at the closing of the Merger to Two Rivers’ shareholders and equity holders was approximately 2,539,879 shares of First Mid common stock. Two Rivers’ outstanding stock equity awards fully vested upon consummation of the Merger. This description of the Merger is qualified in its
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326001231/0001171843-26-001231-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.