XML 36 R23.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Business Combinations (Tables) - First Clover Leaf [Member] | 9 Months Ended
--- | ---
Sep. 30, 2017
Business Acquisition [Line Items] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the estimated fair values of assets acquired and liabilities assumed at the date of the First Clover Leaf acquisition (in thousands).
| Acquired Book Value | Fair Value Adjustments | As Recorded by First Clover Leaf Bank
Assets |  |  |
Cash | $ | 59,320 |  | $ | — |  | $ | 59,320 |
Investment Securities | 109,911 |  | (737 | ) | 109,174 |
Loans | 448,668 |  | (10,403 | ) | 438,265 |
Allowance for loan losses | (6,928 | ) | 6,928 |  | — |
Other real estate owned | 2,741 |  | (754 | ) | 1,987 |
Premises and equipment | 9,618 |  | 1,963 |  | 11,581 |
Goodwill | 11,385 |  | 7,758 |  | 19,143 |
Core deposit intangible | 99 |  | 4,561 |  | 4,660 |
Other assets | 23,974 |  | 2,875 |  | 26,849 |
Total assets acquired | $ | 658,788 |  | $ | 12,191 |  | $ | 670,979 |
Liabilities and Stockholders' Equity |  |  |
Deposits | $ | 534,692 |  | $ | 1,994 |  | $ | 536,686 |
Securities sold under agreements to repurchase | 23,263 |  | — |  | 23,263 |
FHLB advances | 15,000 |  | 113 |  | 15,113 |
Subordinated debentures | 4,000 |  | (731 | ) | 3,269 |
Other liabilities | 2,103 |  | 2,074 |  | 4,177 |
Total liabilities assumed | 579,058 |  | 3,450 |  | 582,508 |
Net assets acquired | $ | 79,730 |  | $ | 8,741 |  | $ | 88,471 |
Consideration Paid |  |  |
Cash |  |  | $ | 22,545 |
Common stock |  |  | 65,926 |
Total consideration paid |  |  | $ | 88,471 |
Business Acquisition, Pro Forma Information [Table Text Block] | The following unaudited pro forma condensed combined financial information presents the results of operations of the Company, including the effects of the purchase accounting adjustments and acquisition expenses, had the First Clover Leaf acquisition taken place at the beginning of the period (dollars in thousands):
| Three months ended | Nine months ended
| September 30, | September 30,
| 2016 | 2016
Net interest income | $ | 21,255 |  | $ | 63,727 |
Provision for loan losses | 1,363 |  | 2,209 |
Non-interest income | 7,322 |  | 21,640 |
Non-interest expense | 20,039 |  | 57,145 |
Income before income taxes | 7,175 |  | 26,013 |
Income tax expense | 2,481 |  | 9,079 |
Net income | $ | 4,694 |  | $ | 16,934 |
Earnings per share |  |
Basic | $ | 0.45 |  | $ | 1.72 |
Diluted | $ | 0.45 |  | $ | 1.68 |
Basic weighted average shares outstanding | 10,497,072 |  | 9,372,547 |
Diluted weighted average shares outstanding | 10,504,046 |  | 10,057,398 |

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=fmbh_FirstCloverLeafMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |