---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-002468"
form_type: "8-K"
ticker: "FMBH"
cik: "0000700565"
company_name: "FIRST MID BANCSHARES, INC."
filed_at: "2026-04-15T23:59:59+00:00"
generated_at: "2026-05-15T06:13:51.622918+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# First Mid Bancshares enters $15M revolver and $20M term loan; replaces $15M Northern Trust facility

## Summary
- Revolver up to $15M, matures April 2027; interest at Prime minus 0.75% (floor 4.5%), initial ~6.00%.
- Term loan $20M, matures April 2029; interest at 30-day avg SOFR + 2.75%, initial ~6.402%.
- Term loan proceeds to be used to pay down existing subordinated debt.
- Prior $15M Northern Trust revolver matured April 3, 2026 with no amounts outstanding; no termination penalties.
- Obligations secured by negative pledge on 100% of First Mid Bank & Trust capital stock.

## SEC filing metadata
- accession: 0001171843-26-002468
- form_type: 8-K
- ticker: FMBH
- cik: 0000700565
- company_name: FIRST MID BANCSHARES, INC.
- filed_at: 2026-04-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700565/000117184326002468/0001171843-26-002468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700565/000117184326002468/f8k_041526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-002468
- JSON: https://secwatch.observer/filing/0001171843-26-002468.json
- Plain text: https://secwatch.observer/filing/0001171843-26-002468.txt

## Source-grounded claims
- claim_id: b5d8e7e43bd7ee04f1dc71bc610dee585c7af34c
  claim: FIRST MID BANCSHARES, INC. incurred revolving credit of up to $15.0 million with Bankers’ Bank at Wall Street Journal Prime Rate as published in the Midwest Edition minus 0.75%, maturing April 10, 2027.
  evidence_excerpt: On April 10, 2026, First Mid Bancshares, Inc. (the “Company”) entered into a Business Loan Agreement (the “Loan Agreement”) with Bankers’ Bank (the “Lender”), pursuant to which the Lender provides the Company with a revolving line of credit in a principal amount of up to $15.0 million (the “Line of Credit”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326002468/0001171843-26-002468-index.htm
- claim_id: e700ae6539aa1ad1f7797d31782584f4cccf5918
  claim: FIRST MID BANCSHARES, INC. incurred term loan of original principal amount of $20.0 million with Bankers’ Bank at 30-day average SOFR, as published by the Federal Reserve Bank of New York, plus maturing April 10, 2029.
  evidence_excerpt: In addition, on April 10, 2026, the Company entered into a separate Promissory Note (the “Term Note”) with the Lender, evidencing a term loan in an original principal amount of $20.0 million (the “Term Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326002468/0001171843-26-002468-index.htm
- claim_id: 4af7a8720dec9addb010abdf774b5bfc6f021100
  claim: FIRST MID BANCSHARES, INC. entered into Promissory Note (Term Note) with Bankers' Bank valued at $20.0 million (effective 2026-04-10).
  evidence_excerpt: in addition, on April 10, 2026, the Company entered into a separate Promissory Note (the “Term Note”) with the Lender, evidencing a term loan in an original principal amount of $20.0 million (the “Term Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326002468/0001171843-26-002468-index.htm
- claim_id: 54efe47d0c6fec9ac2cfd50cbd348b83ad53629d
  claim: FIRST MID BANCSHARES, INC. entered into Business Loan Agreement with Bankers' Bank valued at $15.0 million (effective 2026-04-10).
  evidence_excerpt: On April 10, 2026, First Mid Bancshares, Inc. (the “Company”) entered into a Business Loan Agreement (the “Loan Agreement”) with Bankers’ Bank (the “Lender”), pursuant to which the Lender provides the Company with a revolving line of credit in a principal amount of up to $15.0 million (the “Line of Credit”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326002468/0001171843-26-002468-index.htm
- claim_id: d58d1497fbc6cef9cc9844b4b96e9111ffd55825
  claim: FIRST MID BANCSHARES, INC. terminated Sixth Amended and Restated Credit Agreement with The Northern Trust Company (effective 2026-04-03).
  evidence_excerpt: The Sixth Amended and Restated Credit Agreement dated as of April 12, 2019, as amended (the “Northern Trust Credit Agreement”), by and between First Mid Bancshares, Inc. (the “Company”) and The Northern Trust Company, matured in accordance with its terms on April 3, 2026, and was terminated effective as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184326002468/0001171843-26-002468-index.htm

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