Bank holding company providing banking and financial services through its subsidiary, First Mid Bank & Trust.
First Mid Bancshares, Inc. operates as a robust financial holding company that serves diverse customer segments across the United States. Established in 1865 and headquartered in Mattoon, Illinois, the company focuses on providing comprehensive community banking solutions tailored to meet the needs of commercial, retail, and agricultural clients.
The company's core offerings include a wide array of deposit products such as demand deposits, savings accounts, money market deposits, and time deposits, catering to both individual and business customers. First Mid Bancshares also maintains a robust lending portfolio encompassing commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans. Additionally, it extends specialized lending to municipalities, supporting community projects like infrastructure enhancements and equipment purchases.
Beyond traditional banking services, First Mid Bancshares enhances its value proposition with comprehensive wealth management solutions. These services encompass estate planning, investment management, farm management, and brokerage services, ensuring personalized financial strategies for individual clients. Furthermore, the company provides employee benefit services for businesses and a range of insurance products, including property and casualty, senior insurance products, group medical insurance for businesses, and personal lines insurance for individuals, thereby offering holistic financial solutions under one roof. With a network comprising 52 banking centers in Illinois, 14 offices in Missouri, and a loan production office in Indiana, First Mid Bancshares continues to strengthen its presence and commitment to community-focused banking and financial services.