Every material Form 8-K FIRST MID BANCSHARES, INC. has filed with the SEC since October 21, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
First Mid Bancshares reported third quarter 2026 net income of $33.3 million, or $1.25 diluted EPS, up from $22.5 million, or $0.94 per share, a year earlier. The company also announced a pending acquisition of Evergreen Bancshares, Inc., and disclosed a $14.8 million loss from a securities sale completed in late October, which will be reflected in fourth quarter results.
Q3 2026 net income $33.3 million, $1.25 diluted EPS, versus $27.8 million and $1.04 in Q2 2026 and $22.5 million and $0.94 in Q3 2025
Pending acquisition of Evergreen Bancshares, Inc.; Evergreen's subsidiary is American Bank of Freedom
Investment securities sold on October 26, 2026 at a loss of $14.8 million, providing $175.8 million in cash
Total loans fell $85.8 million to $6.85 billion; total deposits rose $44.2 million to $7.62 billion; regular quarterly dividend of $0.26 per share payable December 1, 2026
First Mid Bancshares agreed on October 28, 2026 to acquire Evergreen Bancshares, parent of American Bank of Freedom, for 0.4081 First Mid shares plus $5.20 in cash per Evergreen share, about $70.7 million in aggregate based on First Mid's October 27 closing price of $51.01. The deal is expected to close in the first quarter of 2027, subject to regulatory and Evergreen shareholder approvals, and First Mid estimates about 5% EPS accretion in 2028 and tangible book value dilution of about 0.5%. Shareholders should note that the company expects to cross $10 billion in assets as a result of the transaction and that the filing says the figures are illustrative and may change.
Consideration: 0.4081 First Mid shares plus $5.20 cash per Evergreen share; about 1,109,690 First Mid shares and $14.1 million in cash in total, roughly 80% stock and 20% cash
Target: American Bank of Freedom had about $932 million in assets, $712 million in loans and $727 million in deposits as of September 30, 2026, with 10 banking centers
Timing: closing expected in the first quarter of 2027; bank merger and systems conversion expected in the second quarter of 2027
Pro forma estimates: about 5.0% EPS accretion in 2028, tangible book value dilution of about 0.5%, earnback of about 0.5 years, and about $13.8 million in pre-tax transaction costs
First Mid Bancshares signed Amendment No. 2 to a 2021 Registration Rights Agreement with the EPL LINCO Trust and PL Generations LLC on October 16, 2026. The amendment lets PL Generations receive Trust shares and become a holder of those shares under the agreement, and the registration statement covering resale of the shares remains effective until August 7, 2027 under the earlier amendment. The filing does not report any financial results or a change in the company's financial outlook.
Amendment No. 2 dated October 16, 2026 adds PL Generations LLC as a permitted transferee under the Registration Rights Agreement.
The shares were issued to the Trust in February 2021 as consideration for the acquisition of LINCO Bancshares, Inc.
The resale registration statement (Form S-3, File No. 333-254205) must stay effective until August 7, 2027, subject to certain exceptions.
Director J. Kyle McCurry, who is affiliated with the Trust and PL Generations, continues to serve on the company's boards.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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