Exhibit 99.2

(b) Pro Forma Financial Information.

The following pro forma financial information is the result of combining the Company's reported historical financial information with the ONB Branches historical financial information and making adjustments to the combined information to reflect events that have occurred or that are assumed to have occurred because of the acquisition. The pro forma information should be read in conjunction with the Company’s previously reported historical financial statements and the ONB Branches financial statements included in this filing.

The pro forma condensed consolidating statements do not assume or include any possible cost savings or revenue opportunities that may be realized as a result of the combination. This condensed consolidating pro forma information is provided for illustrative purposes only and is not necessarily indicative of the results of operations or financial position which would have resulted if the combination had been effected at the beginning of the periods presented or as of the date indicated or the financial position or results of operation which we might obtain in the future.

The following pro forma condensed combined financial information presents the financial position of the Company, including the effects of the purchase accounting adjustments and acquisition expenses, had the acquisition taken place at the dates identified (in thousands):


(Unaudited)
 
ONB
Pro Forma
 
 
As of June 30, 2015
First Mid
Branches
Transactions
Note
Pro Forma
Assets
 
 
 
 
 
   Cash and cash equivalents
$
46,334

$
4,919

(1,047
)
G
$
50,206

   Investment securities
465,896

—

—

 
465,896

   Loans, net
1,045,172

158,651

(3,377
)
A
1,200,446

   Interdivisional investment funds
—

320,402

(15,892
)
B
304,510

   Interest receivable
6,044

462

—

 
6,506

   Premises and equipment
27,208

4,292

(125
)
C
31,375

   Goodwill
25,753

—

14,015

D
39,768

   Intangible assets
1,533

—

6,216

E
7,749

   Other assets
16,180

954

—

 
17,134

Total assets
$
1,634,120

$
489,680

$
(210
)
 
$
2,123,590

 
 
 
 
 
 
Liabilities
 
 
 
 
 
   Deposits
$
1,266,199

$
484,233

$
837

F
$
1,751,269

   Repurchase agreements with customers
117,468

4,892

—

 
122,360

   Interest payable
302

122

—

 
424

   Borrowings and other debt
45,620

—

—

 
45,620

   Other liabilities
6,636

433

(366
)
G
6,703

Total liabilities
1,436,225

489,680

471

 
1,926,376

Stockholders’ equity
197,895

—

(681
)
G
197,214

Total liabilities and stockholders’ equity
$
1,634,120

$
489,680

$
(210
)
 
$
2,123,590








(Unaudited)
 
ONB
Pro Forma
 
 
As of December 31, 2014
First Mid
Branches
Transactions
Note
Pro Forma
Assets
 
 
 
 
 
   Cash and cash equivalents
$
51,730

$
4,385

(1,325
)
 
$
54,790

   Investment securities
431,506

—

—

G
431,506

   Loans, net
1,048,724

157,300

(3,377
)
 
1,202,647

   Interdivisional investment funds
—

341,333

(15,892
)
A
325,441

   Interest receivable
6,828

512

—

B
7,340

   Premises and equipment
27,352

4,117

(125
)
 
31,344

   Goodwill
25,753

—

14,015

C
39,768

   Intangible assets
1,844

—

6,216

D
8,060

   Other assets
13,366

1,063

—

E
14,429

Total assets
$
1,607,103

$
508,710

$
(488
)
 
$
2,115,325

 
 
 
 
 
 
Liabilities
 
 
 
 
 
   Deposits
$
1,272,077

$
500,690

$
837

 
$
1,773,604

   Repurchase agreements with customers
121,869

7,590

—

F
129,459

   Interest payable
285

120

—

 
405

   Borrowings and other debt
40,620

—

—

 
40,620

   Other liabilities
7,336

310

(464
)
 
7,182

Total liabilities
1,442,187

508,710

373

G
1,951,270

Stockholders’ equity
164,916

—

(861
)
 
164,055

Total liabilities and stockholders’ equity
$
1,607,103

$
508,710

$
(488
)
G
$
2,115,325

 
 
 
 
 
 


Notes:

A
The difference between the fair value and acquired value of the acquired loans on the date of the acquisition. This amount is being accreted to interest income over the remaining term of the loans.

B
Core deposit premium paid (3.6% of core deposits).

C
The difference between the fair value and acquired value of the premises and equipment acquired on the date of the acquisition.

D
Goodwill resulting from acquisition.

E
Core deposit intangible asset. This amount is being amortized to other expense on a accelerated basis over the estimated life of ten years.

F
The difference between the fair value and acquired value of the acquired time deposits on the date of the acquisition. This amount is being amortized to interest expense over the remaining term of the time deposits.

G
Non-recurring, incremental costs directly related to the transaction not yet reflected in the historical financial statements.





The following pro forma condensed combined financial information presents the results of operations of the Company, including the effects of the purchase accounting adjustments, had the acquisition taken place at the beginning of each period (in thousands):

(Unaudited)
 
ONB
Pro Forma
 
 
For the year ended December 31, 2014
First Mid
Branches
Transactions
Note
Pro Forma
Net interest income
$
51,482

$
7,620

$
2,841

A, B, C
$
61,943

Provision for loan losses
629

—

116

D
745

Non-interest income
18,369

7,522

—

 
25,891

Non-interest expense
44,507

8,811

3,057

E, F, G
56,375

   Income before taxes
24,715

6,331

(332
)
 
30,714

Income tax expense (benefit)
9,254

2,216

(116
)
H
11,354

   Net income (loss)
$
15,461

$
4,115

$
(216
)
 
$
19,360

Dividends on preferred shares
4,152

—

—

 
4,152

Net income available to common stockholders
$
11,309

$
4,115

$
(216
)
 
$
15,208

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
   Basic
$
1.88

 
 
 
$
2.53

   Diluted
$
1.85

 
 
 
$
2.31

 
 
 
 
 
 
Basic weighted average shares
6,002,766

 
 
 
6,002,766

Diluted weighted average shares
8,371,687

 
 
 
8,371,687


(Unaudited)
 
ONB
Pro Forma
 
 
For the six months ended June 30, 2015
First Mid
Branches
Transactions
Note
Pro Forma
Net interest income
$
25,956

$
3,938

$
780

A, B, C
$
30,674

Provision for loan losses
408

—

58

D
466

Non-interest income
9,336

3,603

—

 
12,939

Non-interest expense
22,034

4,271

1,013

E, F, G
27,318

   Income before taxes
12,850

3,270

(291
)
 
15,829

Income tax expense (benefit)
4,655

1,145

(102
)
H
5,698

   Net income (loss)
$
8,195

$
2,125

$
(189
)
 
$
10,131

Dividends on preferred shares
1,100

—

—

 
1,100

Net income available to common stockholders
$
7,095

$
2,125

$
(189
)
 
$
9,031

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
   Basic
$
1.00

 
 
 
$
1.27

   Diluted
$
0.97

 
 
 
$
1.20

 
 
 
 
 
 
Basic weighted average shares
7,112,309

 
 
 
7,112,309

Diluted weighted average shares
8,477,102

 
 
 
8,477,102





(Unaudited)
 
ONB
Pro Forma
 
 
For the six months ended June 30, 2014
First Mid
Branches
Transactions
Note
Pro Forma
Net interest income
$
25,359

$
3,801

$
683

A, B, C
$
29,843

Provision for loan losses
451

—

58

D
509

Non-interest income
9,471

3,761

—

 
13,232

Non-interest expense
22,174

4,407

1,291

E, F, G
27,872

   Income before taxes
12,205

3,155

(666
)
 
14,694

Income tax expense (benefit)
4,569

1,104

(233
)
H
5,440

   Net income (loss)
$
7,636

$
2,051

$
(433
)
 
$
9,254

Dividends on preferred shares
2,208

—

—

 
2,208

Net income available to common stockholders
$
5,428

$
2,051

$
(433
)
 
$
7,046

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
   Basic
$
0.92

 
 
 
$
1.20

   Diluted
$
0.91

 
 
 
$
1.10

 
 
 
 
 
 
Basic weighted average shares
5,882,122

 
 
 
5,882,122

Diluted weighted average shares
8,386,302

 
 
 
8,386,302




Notes:

A
To reflect the accretion of the discount on loans acquired.

B
To reflect the amortization of the premium on time deposits acquired.

C
To reflect the decrease in interest income on interdivisional investments funds as a result of deposit premium paid.

D
To reflect additional provision for loan losses for the loans acquired.

E
To reflect amortization of the core deposit intangible asset.

F
To reflect additional depreciation from adjustment to market value of premises and equipment acquired.

G
To reflect additional operational expenses.

H
Tax effect of pro forma adjustments at an estimated tax rate of 35%.