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Parent Company Only Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract] |
Condensed balance sheets |
First Mid Bancshares, Inc. (Parent Company) |  |  |  |
Balance Sheets |  | December 31,
|  | 2019 |  | 2018
Assets |  |  |  |
Cash |  | $ | 13,792 |  |  | $ | 18,571 |
Premises and equipment, net |  | 3,564 |  |  | 3,127 |
Investment in subsidiaries |  | 525,418 |  |  | 498,544 |
Other assets |  | 4,529 |  |  | 4,637 |
Total Assets |  | $ | 547,303 |  |  | $ | 524,879 |
Liabilities and Stockholders’ equity |  |  |  |  |  |
Liabilities |  |  |  |  |  |
Debt |  | 18,858 |  |  | 29,000 |
Other liabilities |  | 1,836 |  |  | 20,015 |
Total Liabilities |  | 20,694 |  |  | 49,015 |
Stockholders’ equity |  | 526,609 |  |  | 475,864 |
Total Liabilities and Stockholders’ equity |  | $ | 547,303 |  |  | $ | 524,879 |
Condensed statements of income |
First Mid Bancshares, Inc. (Parent Company) |  |  |  |  |  |
Statements of Income and Comprehensive Income |  | Years ended December 31,
|  | 2019 |  | 2018 |  | 2017
Income: |  |  |  |  |  |
Dividends from subsidiaries |  | $ | 38,688 |  |  | $ | 21,694 |  |  | $ | 18,925 |
Other income |  | 12 |  |  | 171 |  |  | 1,227 |
Total income |  | 38,700 |  |  | 21,865 |  |  | 20,152 |
Operating expenses |  | 4,492 |  |  | 5,424 |  |  | 3,902 |
Income before income taxes and equity in undistributed earnings of subsidiaries |  | 34,208 |  |  | 16,441 |  |  | 16,250 |
Income tax benefit |  | 1,256 |  |  | 1,274 |  |  | 864 |
Income before equity in undistributed earnings of subsidiaries |  | 35,464 |  |  | 17,715 |  |  | 17,114 |
Equity in undistributed earnings of subsidiaries |  | 12,479 |  |  | 18,885 |  |  | 9,570 |
Net income |  | 47,943 |  |  | 36,600 |  |  | 26,684 |
Other comprehensive income (loss), net of taxes |  | 14,833 |  |  | (4,169 | ) |  | 3,525 |
Comprehensive income |  | $ | 62,776 |  |  | $ | 32,431 |  |  | $ | 30,209 |
Condensed statements of cash flows |
First Mid Bancshares, Inc. (Parent Company) |  |  |  |  |  |
Statements of Cash Flows |  | Years ended December 31,
|  | 2019 |  | 2018 |  | 2017
Cash flows from operating activities: |  |  |  |  |  |
Net income |  | $ | 47,943 |  |  | $ | 36,600 |  |  | $ | 26,684 |
Adjustments to reconcile net income to net |  |  |  |  |  |  |  |  |
cash provided by operating activities: |  |  |  |  |  |  |  |  |
Depreciation, amortization, accretion, net |  | 125 |  |  | 90 |  |  | 82 |
Dividends received from subsidiary |  | 38,688 |  |  | 21,694 |  |  | 18,925 |
Equity in undistributed earnings of subsidiaries |  | (12,479 | ) |  | (18,885 | ) |  | (9,570 | )
Increase in other assets |  | (39,042 | ) |  | (1,645 | ) |  | (19,348 | )
Increase in other liabilities |  | (17,104 | ) |  | 79 |  |  | 733 |
Net cash provided by operating activities |  | 18,131 |  |  | 37,933 |  |  | 17,506 |
Cash flows from investing activities: |  |  |  |  |  |
Investment in subsidiary |  | (343 | ) |  | (13,430 | ) |  | — |
Net cash from business acquisition |  | 310 |  |  | (29,321 | ) |  | — |
Net cash used in investing activities |  | (33 | ) |  | (42,751 | ) |  | — |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Repayment of short-term debt |  | — |  |  | — |  |  | (4,000 | )
Repayment of long-term debt |  | (10,310 | ) |  | (10,313 | ) |  | (3,750 | )
Proceeds from issuance of common stock |  | 589 |  |  | 36,645 |  |  | 4,399 |
Payment to repurchase common stock |  | (1,293 | ) |  | (138 | ) |  | (797 | )
Direct expense related to capital transactions |  | — |  |  | (2,309 | ) |  | (216 | )
Dividends paid on common stock |  | (11,863 | ) |  | (8,792 | ) |  | (7,228 | )
Net cash provided by (used in) financing activities |  | (22,877 | ) |  | 15,093 |  |  | (11,592 | )
Increase (decrease) in cash |  | (4,779 | ) |  | 10,275 |  |  | 5,914 |
Cash at beginning of year |  | 18,571 |  |  | 8,296 |  |  | 2,382 |
Cash at end of year |  | $ | 13,792 |  |  | $ | 18,571 |  |  | $ | 8,296 |

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