secwatch.observer — SEC 8-K summary
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Issuer:     FIRST MID BANCSHARES, INC. (FMBH)
CIK:        0000700565
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001171843-26-001231
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Mid Bancshares completes acquisition of Two Rivers Financial Group
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700565/000117184326001231/0001171843-26-001231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700565/000117184326001231/f8k_030126.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-001231

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