First Mid-Illinois Bancshares, Inc. Completes Acquisition of SCB Bancorp, Inc.
First Mid Bancshares, Inc. (FMBH)
Last first mid bancshares, inc. earnings: 4/30 08:00 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
MATTOON, Ill., Nov. 15, 2018 (GLOBE NEWSWIRE) -- First Mid-Illinois Bancshares, Inc. (NASDAQ: FMBH) (“First Mid” or the “Company”) announced today that the acquisition of SCB Bancorp, Inc. (“Soy Capital”), which includes Soy Capital Bank and Trust and its wholly owned subsidiary, J.L. Hubbard Insurance and Bonds, has been completed. The acquisition represents approximately $458 million in total assets, $341 million in deposits and $254 million in loans through ten banking centers in Illinois. There are no immediate changes for Soy Capital customers. The conversion of accounts from Soy Capital Bank and Trust to First Mid is expected to happen in the second quarter of next year. Customers will receive information well in advance of any changes that may affect them. “We are very excited to expand our insurance, wealth management and ag services divisions while strengthening our community banking franchise with a company that has a long history of delivering excellent service to it
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News
- First Mid Bancshares, Inc. (NASDAQ: FMBH) had its price target lowered by analysts at Stephens from $40.00 to $38.00. They now have an "overweight" rating on the stock.MarketBeat
- First Mid Bancshares, Inc. (NASDAQ: FMBH) had its price target raised by analysts at Raymond James from $34.00 to $38.00. They now have an "outperform" rating on the stock.MarketBeat
- First Mid Bancshares (NASDAQ:FMBH) Has Announced A Dividend Of $0.23 [Yahoo! Finance]Yahoo! Finance
- First Mid Bancshares Full Year 2023 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- First Mid Bancshares (FMBH) Q4 Earnings and Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
FMBH
Earnings
- 1/25/24 - Beat
FMBH
Sec Filings
- 4/5/24 - Form 8-K
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- FMBH's page on the SEC website