First Mid Bancshares, Inc. (FMBH): Canvas del Modelo de Negocio [Actualizado en Ene-2025]

Sumérgete en el plan estratégico de First Mid Bancshares, Inc. (FMBH), una potencia bancaria regional dinámica que transforma los servicios financieros tradicionales a través del pensamiento innovador y los enfoques centrados en la comunidad. Este lienzo de modelo comercial integral revela cómo FMBH aprovecha sus fortalezas únicas en los préstamos agrícolas, las tecnologías de banca digital y las soluciones financieras personalizadas para crear valor para diversos segmentos de clientes en Illinois y regiones circundantes. Desde plataformas digitales robustas hasta relaciones locales profundamente arraigadas, FMBH demuestra una estrategia sofisticada que lo distingue en el panorama bancario competitivo.

First Mid Bancshares, Inc. (FMBH) - Modelo de negocios: asociaciones clave

Asociaciones comerciales locales y regionales

First Mid Bancshares mantiene asociaciones con las siguientes asociaciones comerciales:

Asociación	Tipo de colaboración	Estado de membresía
Asociación de Banqueros de Illinois	Redes comerciales	Miembro activo
Midwest Business Alliance	Desarrollo económico regional	Socio estratégico

Redes de préstamos agrícolas

Las asociaciones clave de préstamos agrícolas incluyen:

• Servicios de crédito agrícola de América
• Corporación Federal de Hipotecas Agrícolas (Farmer Mac)
• Oficina de Agricultura de Illinois

Proveedores de servicios de tecnología

Proveedor	Servicio tecnológico	Valor anual del contrato
Jack Henry & Asociado	Software bancario central	$ 2.4 millones
Fiserv	Soluciones de banca digital	$ 1.7 millones

Collaboradores de servicios financieros y de servicios financieros

Asociaciones estratégicas de servicio financiero:

• Seguro nacional
• Grupo financiero principal
• Mutual de Omaha

Organizaciones de inversión comunitaria

Organización	Enfoque de inversión	Contribución anual
Fondo de instituciones financieras de desarrollo comunitario	Inversiones comunitarias de bajos ingresos	$500,000
Agencias de desarrollo económico local	Soporte de pequeñas empresas	$350,000

First Mid Bancshares, Inc. (FMBH) - Modelo de negocio: actividades clave

Servicios bancarios comerciales y personales

A partir del cuarto trimestre de 2023, First Mid Bancshares informó activos totales de $ 8.1 mil millones con préstamos totales de $ 6.2 mil millones. El banco opera 86 centros bancarios en Illinois y Missouri.

Categoría de servicio bancario	Ingresos anuales (2023)	Segmentos de clientes
Préstamo comercial	$ 178.4 millones	Empresas pequeñas a medianas
Banca personal	$ 92.6 millones	Consumidores individuales

Préstamos agrícolas y rurales

Los préstamos agrícolas representan el 22% de la cartera de préstamos totales del banco, con $ 1.36 mil millones en préstamos agrícolas al 31 de diciembre de 2023.

• Préstamos agrícolas totales: $ 1.36 mil millones
• Tamaño promedio del préstamo agrícola: $ 385,000
• Cobertura del mercado rural: 47 condados en Illinois y Missouri

Servicios de gestión de patrimonio y inversión

First Mid Bancshares administra aproximadamente $ 1.8 mil millones en activos de gestión de patrimonio a partir de 2023.

Tipo de servicio	Activos bajo administración	Valor promedio de cartera de clientes
Gestión de patrimonio	$ 1.8 mil millones	$675,000
Aviso de inversión	$ 612 millones	$285,000

Desarrollo de la plataforma de banca digital

Las transacciones bancarias digitales aumentaron en un 37% en 2023, con el 68% de los clientes que usan plataformas de banca móvil.

• Usuarios de banca móvil: 112,000
• Transacciones bancarias en línea: 3.2 millones anuales
• Inversión de plataforma digital: $ 4.7 millones en 2023

Banca comunitaria y de relación

First Mid Bancshares mantiene una fuerte presencia comunitaria con 86 centros bancarios y una profunda penetración del mercado local.

Métrica de compromiso de la comunidad	2023 rendimiento
Inversiones de la comunidad local	$ 12.3 millones
Préstamos de desarrollo comunitario	$ 87.6 millones

First Mid Bancshares, Inc. (FMBH) - Modelo de negocio: recursos clave

Infraestructura bancaria regional fuerte

A partir del cuarto trimestre de 2023, First Mid Bancshares opera con:

Infraestructura métrica	Cantidad
Activos totales	$ 8.6 mil millones
Depósitos totales	$ 7.3 mil millones
Total de ramas	115 ubicaciones

Equipo experimentado de gestión financiera

Composición de liderazgo ejecutivo:

• Promedio de tenencia ejecutiva: 18 años en banca
• Experiencia de liderazgo combinado: más de 125 años
• Múltiples ejecutivos altos con títulos financieros avanzados

Tecnologías de banca digital avanzadas

Plataforma digital	Capacidades
Usuarios de banca móvil	127,500
Volumen de transacciones en línea	3.2 millones de transacciones mensuales
Inversión de seguridad digital	$ 4.7 millones anuales

Red de sucursal extensa

Cobertura geográfica:

• Estados primarios: Illinois (96 ramas)
• Estados secundarios: Missouri, Indiana (19 ramas)

Sistemas de gestión de riesgos robustos

Métrica de gestión de riesgos	Actuación
Relación de préstamos sin rendimiento	0.62%
Reserva de pérdida de préstamo	$ 82.3 millones
Relación de adecuación de capital	12.4%

First Mid Bancshares, Inc. (FMBH) - Modelo de negocio: propuestas de valor

Soluciones bancarias personalizadas para comunidades locales

A partir del cuarto trimestre de 2023, First Mid Bancshares sirve 79 ubicaciones bancarias en Illinois y Missouri, con activos totales de $ 8.4 mil millones. El banco proporciona soluciones financieras personalizadas dirigidas a necesidades específicas de la comunidad.

Segmento de mercado	Total de clientes	Valor de relación promedio
Comunidades locales	142,000	$58,700
Pequeñas empresas	6,700	$124,500

Tasas de interés competitivas y productos financieros

First Mid ofrece tarifas competitivas en múltiples categorías de productos:

• Cuentas corrientes personales: 0.05% - 0.25% APY
• Cuentas de ahorro: 0.40% - 1.20% APY
• Cuentas del mercado monetario: 0.60% - 1.75% APY
• Certificado de depósitos: 3.50% - 5.25% APY

Servicios bancarios digitales y tradicionales integrales

Penetración de banca digital a partir de 2023: 68% de la base total de clientes, con $ 2.1 mil millones en volumen de transacciones digitales.

Servicio digital	Tasa de adopción de usuarios
Banca móvil	62%
Pago de factura en línea	54%
Depósito de cheque móvil	47%

Fuerte enfoque en segmentos del mercado agrícola y rural

Portafolio de préstamos agrícolas: $ 1.2 mil millones, que representa el 16.5% de la cartera de préstamos totales en 2023.

Tipo de préstamo agrícola	Volumen total del préstamo
Producción de cultivos	$ 510 millones
Equipo agrícola	$ 280 millones
Bienes raíces rurales	$ 410 millones

Toma de decisiones locales y enfoque basado en relaciones

Promedio de la relación con los clientes: 8.3 años. Autoridad de toma de decisiones locales para préstamos por debajo de $ 2 millones.

• Tiempo promedio de aprobación del préstamo: 3-5 días hábiles
• El comité de crédito local se reúne dos veces por semana
• 95% de las decisiones de préstamo tomadas en las regiones del mercado local

First Mid Bancshares, Inc. (FMBH) - Modelo de negocios: Relaciones con los clientes

Gestión de relaciones personales

First Mid Bancshares mantiene 98 ubicaciones bancarias en Illinois y Missouri, con un enfoque dedicado en las interacciones personalizadas de los clientes. A partir del cuarto trimestre de 2023, el banco atiende a aproximadamente 75,000 clientes individuales y comerciales.

Métrica de interacción del cliente	2023 datos
Duración promedio de la relación con el cliente	7.3 años
Gerentes de relaciones bancarias personales	42 profesionales dedicados
Tasa de satisfacción del cliente	89.4%

Compromiso del cliente centrado en la comunidad

First Mid Bancshares invierte significativamente en la participación de la comunidad local a través de programas específicos.

• Patrocinios de eventos comunitarios: 67 eventos locales en 2023
• Contribuciones caritativas locales: $ 1.2 millones
• Programas de educación financiera: 23 talleres realizados

Atención al cliente multicanal

El banco proporciona un soporte integral en múltiples plataformas:

Canal de soporte	Porcentaje de uso
Banca en línea	62%
Banca móvil	48%
Soporte en la rama	35%
Soporte telefónico	22%

Servicios de asesoramiento financiero personalizados

First Mid Bancshares ofrece servicios de asesoramiento financiero especializados con un enfoque dirigido.

• Clientes de gestión de patrimonio: 3.200
• Valor promedio de la cartera: $ 1.4 millones
• Consultas de planificación de jubilación: 1.875 en 2023

Estrategias de construcción de relaciones a largo plazo

El banco implementa iniciativas estratégicas de retención de clientes.

Estrategia de retención	Métrico de rendimiento
Tasa de retención de clientes	94.3%
Tasa de éxito de venta cruzada	37%
Participantes del programa de fidelización	28,500 clientes

First Mid Bancshares, Inc. (FMBH) - Modelo de negocios: canales

Red de sucursales físicas

A partir del cuarto trimestre de 2023, First Mid Bancshares opera 86 lugares bancarios en Illinois y Missouri.

Estado	Número de ramas
Illinois	72
Misuri	14

Plataforma bancaria en línea

La plataforma digital del banco admite Más de 45,000 usuarios bancarios en línea activos a diciembre de 2023.

• Plataforma basada en la web disponible 24/7
• Acceso seguro a la cuenta
• Seguimiento del historial de transacciones
• Servicios de pago de facturas

Aplicación de banca móvil

La aplicación móvil de First Mid Bancshares tiene 32,500 usuarios de banca móvil registrada en 2023.

Función de la aplicación móvil	Disponibilidad
Depósito de cheque móvil	Sí
Controles de tarjetas	Sí
Alertas en tiempo real	Sí

Servicios de banca telefónica

El banco mantiene un Centro de llamadas de servicio al cliente dedicado Operando de 7:00 a.m. a 7:00 p.m. hora central.

• Consultas de saldo de la cuenta
• Verificación de transacciones
• Servicios de activación de tarjetas

Red de cajeros automáticos

First Mid Bancshares proporciona acceso a 129 ubicaciones de cajeros automáticos a través de sus regiones operativas.

Detalles de la red de cajeros automáticos	Contar
Cajeros automáticos	86
ATM de red compartidos	43

First Mid Bancshares, Inc. (FMBH) - Modelo de negocio: segmentos de clientes

Empresas pequeñas a medianas

A partir del cuarto trimestre de 2023, First Mid Bancshares atiende a 3.412 clientes comerciales pequeños a medianos en Illinois y Missouri. Cartera total de préstamos comerciales para este segmento: $ 487.6 millones.

Métricas de segmento de negocios	Valor
Total de clientes de PYME	3,412
Cartera de préstamos comerciales	$ 487.6 millones
Tamaño promedio del préstamo	$142,900

Clientes del sector agrícola

Los préstamos agrícolas representan el 22.3% de la cartera de préstamos totales de Mid Mid Bancshares, con 1.876 clientes agrícolas activos.

• Préstamos agrícolas totales: $ 312.5 millones
• Tamaño promedio del préstamo agrícola: $ 166,500
• Enfoque geográfico primario: regiones agrícolas de Illinois y Missouri

Clientes de banca minorista individual

First Mid Bancshares atiende a 87,654 clientes de banca minorista individual en su red.

Segmento de banca minorista	Cantidad
Total de clientes minoristas	87,654
Cuentas corrientes personales	52,392
Cuentas de ahorro personal	35,262

Gobierno local y entidades municipales

First Mid Bancshares brinda servicios bancarios a 64 del gobierno local y los clientes municipales.

• Relaciones bancarias municipales totales: 64
• Portafolio de préstamos municipales: $ 156.3 millones
• Tamaño promedio del préstamo municipal del cliente: $ 2.44 millones

Individuos de alto nivel de red

El banco atiende a 1,243 clientes individuales de alto patrimonio con activos de más de $ 1 millón.

Segmento de alto nivel de red	Valor
Total de los clientes de alto nivel de red	1,243
Valor de activo de cliente promedio	$ 3.2 millones
Activos totales administrados	$ 3.97 mil millones

First Mid Bancshares, Inc. (FMBH) - Modelo de negocio: Estructura de costos

Gastos de operación de rama

A partir del año fiscal 2023, First Mid Bancshares reportó gastos de operación de sucursales totales de $ 42.7 millones.

Categoría de gastos	Monto ($)
Alquiler y ocupación	18,500,000
Utilidades	3,200,000
Mantenimiento	5,600,000
Equipo de rama	6,900,000
Otros costos operativos	8,500,000

Tecnología e inversiones en infraestructura digital

Las inversiones tecnológicas para 2023 totalizaron $ 22.3 millones.

• Plataforma de banca digital: $ 8,700,000
• Infraestructura de ciberseguridad: $ 5,600,000
• Actualizaciones de sistemas de TI: $ 4,900,000
• Herramientas de análisis de datos: $ 3,100,000

Compensación y capacitación de empleados

Los gastos totales relacionados con los empleados para 2023 fueron de $ 87.6 millones.

Categoría de compensación	Monto ($)
Salarios base	62,500,000
Beneficios	15,600,000
Programas de capacitación	2,700,000
Bonos de rendimiento	6,800,000

Costos de cumplimiento regulatorio

Los gastos de cumplimiento regulatorio para 2023 ascendieron a $ 12.4 millones.

• Personal legal y de cumplimiento: $ 5,200,000
• Sistemas de informes: $ 3,600,000
• Tarifas de auditoría externa: $ 2,100,000
• Capacitación de cumplimiento: $ 1,500,000

Gastos de marketing y adquisición de clientes

Los gastos de marketing para 2023 fueron de $ 7.9 millones.

Canal de marketing	Monto ($)
Marketing digital	3,200,000
Publicidad tradicional	2,500,000
Patrocinios comunitarios	1,200,000
Programas de adquisición de clientes	1,000,000

First Mid Bancshares, Inc. (FMBH) - Modelo de negocio: flujos de ingresos

Ingresos por intereses de préstamos

A partir del cuarto trimestre de 2023, el primer medio Bancshares informó $ 200.3 millones en ingresos por intereses totales. El desglose de la cartera de préstamos incluye:

Categoría de préstamo	Saldo total	Porcentaje
Préstamos comerciales	$ 1.2 mil millones	42%
Hipotecas residenciales	$ 780 millones	27%
Préstamos al consumo	$ 510 millones	18%
Préstamos agrícolas	$ 390 millones	13%

Tarifas de servicio bancario

En 2023, las tarifas de servicio bancario generados $ 47.6 millones en ingresos. Las categorías de tarifas incluyen:

• Tarifas de mantenimiento de la cuenta: $ 12.3 millones
• Tarifas de transacción de cajeros automáticos: $ 8.7 millones
• Tarifas de sobregiro: $ 15.2 millones
• Tasas de transferencia de cables: $ 6.4 millones
• Otros cargos de servicio: $ 5 millones

Comisiones de gestión de patrimonio

Segmento de gestión de patrimonio generado $ 22.1 millones en comisiones para 2023, con la siguiente distribución:

Servicio	Ingresos por comisión
Aviso de inversión	$ 9.6 millones
Planificación de jubilación	$ 6.5 millones
Servicios de planificación patrimonios	$ 4.2 millones
Gestión de confianza	$ 1.8 millones

Ventas de productos de inversión

Las ventas de productos de inversión en 2023 totalizaron $ 18.7 millones, con la siguiente mezcla de productos:

• Fondos mutuos: $ 7.5 millones
• Anualidades: $ 5.9 millones
• Certificados de depósito: $ 3.2 millones
• Productos de inversión estructurados: $ 2.1 millones

Servicios de gestión del tesoro

Servicios de gestión del tesoro contribuidos $ 15.3 millones en ingresos para 2023, con servicios que incluyen:

• Soluciones de gestión de efectivo: $ 6.8 millones
• Servicios comerciales: $ 4.5 millones
• Servicios bancarios internacionales: $ 2.7 millones
• Soluciones de banca corporativa especializada: $ 1.3 millones

First Mid Bancshares, Inc. (FMBH) - Canvas Business Model: Value Propositions

You're looking at the core reasons customers choose First Mid Bancshares, Inc. It's not just about having a bank account; it's about the breadth of services available from a single, established source. First Mid Bancshares, Inc. offers a full-suite financial services approach, meaning you can handle your banking, insurance needs, and wealth planning all under one roof. This integration is key, especially when you see that they bolster their non-interest income with what is described as Illinois' largest community bank insurance agency.

Here's a quick look at how that diversification plays out in the numbers as of Q3 2025:

Value Proposition Component	Metric/Data Point	Value as of Q3 2025
Full-Suite Offering: Wealth Management	Assets Under Management (AUM)	$6.4B
Full-Suite Offering: Revenue Mix	Non-Interest Income as % of Revenue (LTM)	Approximately 30%
Lending Scale	Total Loans	$5.82 billion
Funding Base	Total Deposits	$6.29 billion
Financial Stability Benchmark	Tangible Book Value Per Share (Non-GAAP)	$28.21

The company's longevity is a major draw; they've been serving communities since 1865. That's a deep history, which translates into a community-focused, relationship-based banking approach. They maintain a geographically disbursed franchise across Illinois, Missouri, Texas, and Wisconsin, plus a loan production office in the greater Indianapolis area. They are even expanding this footprint with the pending acquisition of Two Rivers Financial Group, Inc. to enter Iowa.

When it comes to lending, First Mid Bancshares, Inc. emphasizes a diversified lending mix, with a strong focus on commercial, Ag, and real estate loans. This isn't just talk; you see the Ag focus reflected in their specialized services. For financial stability, you can look at the reported metrics; the Tangible book value per share stood at $28.21 in Q3 2025, reflecting a 6.0% increase during that quarter alone.

The specialized Ag services are a distinct value proposition, offering more than just standard lending. You get expertise in farm management, which is important in their core markets. Here are some specifics on that segment:

• - Ag Services revenue for the quarter was $1.8 million.
• - Announced pending acquisition of Ray Farm Management Services, Inc..
• - Expected to add approximately 9,000 acres under management from the acquisition.

Honestly, the combination of long-term stability and a broad, integrated service offering is what sets their value proposition apart. Finance: draft 13-week cash view by Friday.

First Mid Bancshares, Inc. (FMBH) - Canvas Business Model: Customer Relationships

You're looking at how First Mid Bancshares, Inc. (FMBH) keeps its customers close, which really boils down to balancing that traditional, face-to-face community feel with the efficiency of modern digital tools. For your high-value commercial and wealth clients, the relationship is definitely managed closely.

Dedicated relationship managers for commercial and wealth clients

The bank supports its relationship-based lending, which saw total loans grow to $5.82 billion in the third quarter of 2025. This requires dedicated attention, especially as they integrate new business lines, like the pending acquisition of Two Rivers Financial Group, Inc., which will broaden their wealth and insurance offerings. The core of this high-touch service is evident in their wealth management segment.

• Wealth management revenues for Q3 2025 were $5.1 million.
• As of mid-2025, FMBH managed approximately $6.3 billion in wealth management assets.
• Combined wealth management and insurance revenue saw an 8.2% year-over-year increase in Q1 2025.

Community banking model emphasizing local presence and service

First Mid Bancshares, Inc. leans heavily on its community focus, which is the bedrock of its service delivery. They are a $7.7 billion community-focused organization. This local presence is maintained through a network of physical locations, though they are actively optimizing this footprint. They recently completed a branch optimization project, closing 8 full-service branches across their footprint. Still, they are investing in new physical touchpoints, like the grand opening of their newest financial center in Champaign, IL, on October 1, 2025. This strategy aims to deliver high-value, relationship-based support where it's needed most.

The commitment to community is also driving strategic expansion; the pending acquisition of Two Rivers Financial Group, Inc. is specifically cited as a cultural and strategic fit based on a shared focus on community banking.

Here's a quick look at the physical scale versus the digital investment:

Relationship Channel Element	Metric/Value	As of Date/Period
Total Banking Centers & LPO Locations	85 (82 banking centers + 3 LPO locations)	June 30, 2025
New Financial Center Opening	1 (Champaign, IL)	October 1, 2025
Branch Closures (Optimization)	8 full-service branches closed	Q3 2025
Wealth Management Assets Under Management	$6.3 billion	June 30, 2025
Total Deposits	$6.29 billion	Q3 2025

Self-service digital channels for transactional banking needs

To manage transactional banking and align with customer migration to digital, First Mid Bancshares, Inc. has been making significant technology investments. They completed their core system conversion in late October 2025, which is expected to bring process efficiencies. Furthermore, they successfully completed their retail online system conversion during the first quarter of 2025. This sets up a platform supporting a full suite of digital self-service options.

• Digital services include Full-Service Online Banking and Mobile Banking.
• Transactional tools include Mobile Deposit, Online Bill Pay, and Zelle: P2P Transfer.
• They also support Online Account Opening and E-lending.

The bank added personnel to its Digital Solutions Teams to better compete against both traditional and non-traditional rivals.

Personalized advisory services for wealth and insurance clients

The advisory side is supported by First Mid Insurance Group, Inc. and First Mid Wealth Management Co., which are key subsidiaries. These services provide a crucial non-interest income stream, which was a key driver of growth in Q1 2025. The focus here is on personalized guidance, from savings and retirement strategies to insurance product suites, which are offered across their Illinois and Missouri office locations.

First Mid Bancshares, Inc. (FMBH) - Canvas Business Model: Channels

First Mid Bancshares, Inc. serves its customers through a combination of physical locations and digital channels, supporting its status as a community-focused organization with approximately $7.7 billion in assets as of the third quarter of 2025.

The physical branch network is established across four key states:

• - Physical branch network across Illinois, Missouri, Texas, and Wisconsin.
• - The institution operates over 80 branches across these states.
• - During the third quarter of 2025, First Mid Bancshares, Inc. completed the closing of 8 full-service branches.

Here is a snapshot of the physical and organizational scale supporting these channels as of late 2025:

Metric	Value/Detail
Total Assets (Q3 2025)	$7.7 billion or $7.8 billion
Total Loans (Q3 2025)	$5.82 billion
Total Deposits (Q3 2025)	$6.29 billion
Branch Network States	Illinois, Missouri, Texas, Wisconsin
Branch Closures (Q3 2025)	8 full-service branches

Digital access is a growing component of the channel strategy, supported by recent technology upgrades:

• - Digital banking platforms (mobile and online) for retail and business customers.
• - Successful conversion of the retail online platform completed in the first quarter of 2025.
• - Core system conversion finalized in late October 2025.

For specialized lending and services, First Mid Bancshares, Inc. maintains dedicated offices:

• - Loan production offices, including one in the greater Indianapolis area.
• - A direct contact number for Agency Finance, which includes a direct line at 317-813-1700.

The insurance and wealth management services are delivered through a direct sales approach, contributing to non-interest income diversification:

• - Direct sales force for insurance and wealth management services.
• - Wealth management revenues for the third quarter of 2025 totaled $5.1 million.

First Mid Bancshares, Inc. (FMBH) - Canvas Business Model: Customer Segments

You're looking at the core groups First Mid Bancshares, Inc. (FMBH) serves across its community-focused footprint. Honestly, their model is built on deep local relationships, which you can see reflected in how they segment their business.

The customer segments are clearly defined, spanning from everyday banking needs to specialized wealth and agricultural services across their network in Illinois, Missouri, Texas, and Wisconsin, plus that loan production office near Indianapolis. They are even expanding into Iowa with the pending acquisition of Two Rivers Financial Group, Inc., announced in October 2025.

Here's a look at the primary groups First Mid Bancshares, Inc. targets:

• - Retail customers: Individuals and families in local communities who use personal and commercial banking solutions.
• - Commercial businesses: Small to mid-sized enterprises (SMEs) needing banking, treasury, and asset management services.
• - Agricultural customers: Farmers and Ag-related businesses, where First Mid Bancshares, Inc. claims the title of the Largest farm manager in Illinois.
• - High-net-worth individuals seeking wealth and trust management through First Mid Wealth Management Company.

To give you a sense of the scale these segments operate within as of late 2025, look at the balance sheet figures from their third quarter results:

Metric	Value as of September 30, 2025	Context
Total Organization Size (Description)	$7.7 billion community-focused organization	Overall scope of operations
Total Loans	$5.82 billion	The total credit extended across retail and commercial/ag segments
Total Deposits	$6.29 billion	The funding base largely sourced from retail and commercial customers
Wealth Management AUM (As of 3/31/2025)	$6.2 billion	Assets managed for high-net-worth and business clients
Ag Services Revenue (Q2 2025)	$2.3 million	Revenue generated specifically from the Ag Services line of business

The retail segment drives the core deposit base, which stood at $6.29 billion at the end of September 2025. You see evidence of this consumer focus in their offerings like checking, savings, mortgages, and consumer loans, including home equity products.

For commercial businesses, the focus is on providing solutions that support growth, which is critical given the total loan portfolio size of $5.82 billion as of September 30, 2025. The bank also supports these clients through First Mid Insurance Group, Inc..

The agricultural segment is a specialized niche, supported by the company's status as the largest farm manager in Illinois. This segment contributes through dedicated Ag Services revenue, which was $2.3 million in the second quarter of 2025.

Finally, high-net-worth individuals and businesses access wealth and trust management services. First Mid Wealth Management Co. reported Assets Under Management (AUM) of $6.2 billion as of March 31, 2025. This group benefits from specialized trust services not offered through their brokerage partner, Raymond James Financial Services Advisors, Inc..

Finance: draft the loan concentration breakdown by sector for Q3 2025 by next Tuesday.

First Mid Bancshares, Inc. (FMBH) - Canvas Business Model: Cost Structure

You're looking at the core expenses First Mid Bancshares, Inc. is managing as of late 2025. The focus here is on controlling the cost base while executing major strategic shifts, like system conversions and branch optimization.

• - Interest expense on deposits and borrowings (lower by $3.9 million vs. Q3 2024)
• - Personnel expenses (salaries and benefits) increased by $2.0 million in Q3 2025 compared to Q3 2024, driven by annual compensation increases and incentives for over performance.
• - Non-interest expenses, managed for an adjusted efficiency ratio of 58.75% (Q3 2025).
• - Technology and data processing costs for core system conversion were a factor, with one-time costs associated with technology enhancements noted in Q3 2025. For context, Q1 2025 included $1.0 million in nonrecurring technology initiative expenses.
• - Occupancy and equipment costs for the branch network saw increases primarily from one-time costs related to branch closures; First Mid Bancshares, Inc. closed 8 full-service branches across its footprint during Q3 2025.

To give you a clearer picture of the non-interest expense movement leading into the end of 2025, here is a breakdown based on the Q3 results:

Expense Component	Q3 2025 Amount	Change vs. Q3 2024
Total Non-Interest Expense	$57.1 million	Increased $3.2 million
Salaries and Benefits Expense	Contextual	Increased $2.0 million
Adjusted Efficiency Ratio	58.75%	Improved from 61.33%

The management of funding costs is a key driver here; interest expense was notably lower year-over-year in the third quarter. Also, the completion of the core operating system conversion in late October sets up potential future process efficiencies. That's a big lever for cost control moving into 2026.

First Mid Bancshares, Inc. (FMBH) - Canvas Business Model: Revenue Streams

You're looking at how First Mid Bancshares, Inc. actually brings in the money, which is key for understanding its stability, especially with interest rate fluctuations. The core engine remains the traditional banking spread.

The primary driver is Net Interest Income (NII), which comes from the difference between what First Mid Bancshares, Inc. earns on its loans and investments and what it pays out on deposits and borrowings. For the third quarter of 2025, this figure hit $66.4 million. This was supported by a net interest margin, on a tax equivalent basis, that expanded to 3.80% in Q3 2025, marking the sixth consecutive quarter of NII growth.

To balance the interest rate risk, First Mid Bancshares, Inc. relies on fee income, which represented approximately 28% of total revenue over the last twelve months ending September 30, 2025. This non-interest income is generated across several complementary business lines. Here's a quick look at the composition of that fee income for the quarter ending September 30, 2025, where total non-interest income was $22.9 million.

Revenue Source (Fee Income Component)	Percentage of Total Fee Income (Q3 2025)	Approximate Dollar Value (Q3 2025)
First Mid Insurance Group	31%	$7.1 million (Commissions)
First Mid Wealth Management	22%	$5.1 million
Debit Card Revenue	17%	$3.89 million
Deposit Service Charges	12%	$2.75 million
Securities Gains, Net	12%	$2.75 million
Mortgage Banking Revenue	4%	$0.92 million
Other	4%	$0.92 million

The overall revenue streams for First Mid Bancshares, Inc. as of late 2025 are clearly segmented across its banking, insurance, and wealth management operations. You can see the key components below:

• - Net Interest Income (NII) from loans and investments, reported at $66.4 million in Q3 2025.
• - Non-interest income from fees, which accounted for approximately 28% of total revenue over the trailing twelve months ending September 30, 2025.
• - Wealth Management fees, which totaled $5.1 million in Q3 2025.
• - Insurance brokerage commissions and fees, with insurance commissions specifically reported at $7.1 million for the quarter.
• - Service charges on deposit accounts, which represented 12% of total fee income in Q3 2025, alongside loan fees contributing to the overall non-interest income.

To be defintely clear, the wealth management segment manages Assets Under Management (AUM) totaling $6.4 billion as of Q3'25. Finance: draft the Q4 2025 revenue projection based on the Q3 run-rate by next Tuesday.