XML 71 R39.htm IDEA: XBRL DOCUMENT
v3.20.4

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | The Company has goodwill from business combinations, intangible assets from branch acquisitions, identifiable intangible assets assigned to core deposit relationships and customer lists of business lines acquired. The following table presents gross carrying amount and accumulated amortization by major intangible asset class as of December 31, 2020 and 2019 (in thousands):
|  | 2020 |  |  | 2019 |
|  | Gross Carrying |  |  | Accumulated |  |  | Gross Carrying |  |  | Accumulated |
|  | Value |  |  | Amortization |  |  | Value |  |  | Amortization |
Goodwill not subject to amortization |  | $ | 108,752 |  |  | $ | 3,760 |  |  | $ | 108,752 |  |  | $ | 3,760 |
Intangibles from branch acquisition |  |  | 3,015 |  |  |  | 3,015 |  |  |  | 3,015 |  |  |  | 3,015 |
Core deposit intangibles |  |  | 32,355 |  |  |  | 20,910 |  |  |  | 32,355 |  |  |  | 17,746 |
Customer list intangibles |  |  | 16,389 |  |  |  | 5,222 |  |  |  | 16,129 |  |  |  | 3,917 |
|  | $ | 160,511 |  |  | $ | 32,907 |  |  | $ | 160,251 |  |  | $ | 28,438 |
Intangible Assets Mortgage Servicing Rights | The unpaid principal balance of mortgage loans serviced for others was $126.8 million and $186.2 million at December 31, 2020 and 2019, respectively. The following table summarizes the activity pertaining to the mortgage servicing rights included in intangible assets as of December 31, 2020 and 2019 (in thousands):
|  | December 31, 2020 |  |  | December 31, 2019 |
Beginning Balance |  | $ | 1,444 |  |  | $ | 2,101 |
Acquired Balance |  |  | — |  |  |  | — |
Mortgage Servicing rights capitalized |  |  | — |  |  |  | — |
Valuation reserve |  |  | (273 | ) |  |  | (380 | )
Mortgage Servicing rights amortized |  |  | (593 | ) |  |  | (411 | )
I/O strip |  |  | (62 | ) |  |  | 134 |
Ending Balance |  | $ | 516 |  |  | $ | 1,444 |
Schedule of Intangible Assets Amortization Expense | Total amortization expense for the years ended December 31, 2020, 2019 and 2018 was as follows (in thousands):
|  | 2020 |  |  | 2019 |  |  | 2018 |
Core deposit intangibles |  | $ | 3,164 |  |  | $ | 3,729 |  |  | $ | 2,544 |
Customer list intangibles |  |  | 1,305 |  |  |  | 1,269 |  |  |  | 363 |
Mortgage Servicing Rights |  |  | 593 |  |  |  | 850 |  |  |  | 308 |
|  | $ | 5,062 |  |  | $ | 5,848 |  |  | $ | 3,215 |
Schedule of Expected Amortization Expense | Estimated amortization expense for each of the five succeeding years is shown in the table below (in thousands):
For year ended 12/31/21 |  | $ | 4,408 |
For year ended 12/31/22 |  |  | 3,526 |
For year ended 12/31/23 |  |  | 3,214 |
For year ended 12/31/24 |  |  | 2,946 |
For year ended 12/31/25 |  |  | 2,633 |

X
- Definition [Table Text Block] for Intangible Assets, Mortgage Servicing Rights [Table] + References No definition available. + Details
Name: | fmbh_IntangibleAssetsMortgageServicingRightsTableTextBlock
Namespace Prefix: | fmbh_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration