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First Mid Bancshares, Inc. (FMBH)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
32.68+0.31 (+0.96%)
At close: 04:00PM EDT
32.68 0.00 (0.00%)
After hours: 04:02PM EDT

First Mid Bancshares, Inc.

1421 Charleston Avenue
Mattoon, IL 61938
United States
217 234 7454
https://www.firstmid.com

Sector(s)Financial Services
IndustryBanks - Regional
Full Time Employees1,158

Key Executives

NameTitlePayExercisedYear Born
Mr. Joseph R. DivelyChairman, President & CEO896.65kN/A1959
Mr. Matthew K. Smith CPAExecutive VP & CFO417.83kN/A1975
Mr. Michael L. TaylorSenior EVP & COO500.02kN/A1969
Mr. Eric S. McRaeExecutive Vice President420.45kN/A1965
Mr. Bradley L. BeesleyExecutive Vice President574.63kN/A1972
Mr. Jeremy R. FrieburgSenior VP & Chief Information OfficerN/AN/A1981
Mr. Jason M. CrowderSVP & General CounselN/AN/A1971
Ms. Rhonda R. GatonsExecutive VP & Director of Human ResourcesN/AN/A1972
Ms. Amanda D. LewisExecutive Vice PresidentN/AN/A1980
Mr. Jordan D. ReadSenior VP & Chief Risk OfficerN/AN/A1990
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; employee benefit services for businesses; and farm management and brokerage services. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.

Corporate Governance

First Mid Bancshares, Inc.’s ISS Governance QualityScore as of March 1, 2024 is 4. The pillar scores are Audit: 5; Board: 4; Shareholder Rights: 6; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.