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Parent Company Only Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheets |
First Mid Bancshares, Inc. (Parent Company) |  |  |  |  |  |
Balance Sheets |  | December 31, |
|  | 2022 |  |  | 2021 |
Assets |  |  |  |  |  |
Cash |  | $ | 24,854 |  |  | $ | 28,421 |
Premises and equipment, net |  |  | 4,955 |  |  |  | 4,377 |
Investment in subsidiaries |  |  | 714,237 |  |  |  | 713,296 |
Other assets |  |  | 5,212 |  |  |  | 4,048 |
Total assets |  | $ | 749,258 |  |  | $ | 750,142 |
Liabilities and stockholders’ equity |  |  |  |  |  |
Liabilities |  |  |  |  |  |
Debt |  | $ | 113,917 |  |  | $ | 113,595 |
Other liabilities |  |  | 2,186 |  |  |  | 2,653 |
Total liabilities |  |  | 116,103 |  |  |  | 116,248 |
Stockholders’ equity |  |  | 633,155 |  |  |  | 633,894 |
Total liabilities and stockholders’ equity |  | $ | 749,258 |  |  | $ | 750,142 |
Condensed Statements of Income |
First Mid Bancshares, Inc. (Parent Company) |  |  |  |  |  |  |  |  |
Statements of Income and Comprehensive Income (Loss) |  | Years ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Income: |  |  |  |  |  |  |  |  |
Dividends from subsidiaries |  | $ | 34,040 |  |  | $ | 28,075 |  |  | $ | 29,663 |
Other income |  |  | 542 |  |  |  | 9 |  |  |  | 43 |
Total income |  |  | 34,582 |  |  |  | 28,084 |  |  |  | 29,706 |
Operating expenses |  |  | 9,221 |  |  |  | 9,630 |  |  |  | 4,697 |
Income before income taxes and equity in undistributed earnings of subsidiaries |  |  | 25,361 |  |  |  | 18,454 |  |  |  | 25,009 |
Income tax benefit |  |  | 2,780 |  |  |  | 2,656 |  |  |  | 1,231 |
Income before equity in undistributed earnings of subsidiaries |  |  | 28,141 |  |  |  | 21,110 |  |  |  | 26,240 |
Equity in undistributed earnings of subsidiaries |  |  | 44,811 |  |  |  | 30,380 |  |  |  | 19,030 |
Net income |  |  | 72,952 |  |  |  | 51,490 |  |  |  | 45,270 |
Other comprehensive income (loss), net of taxes |  |  | (150,676 | ) |  |  | (17,926 | ) |  |  | 8,735 |
Comprehensive income (loss) |  | $ | (77,724 | ) |  | $ | 33,564 |  |  | $ | 54,005 |
Condensed Statements of Cash Flows |
First Mid Bancshares, Inc. (Parent Company) |  |  |  |  |  |  |  |  |
Statements of Cash Flows |  | Years ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income |  | $ | 72,952 |  |  | $ | 51,490 |  |  | $ | 45,270 |
Adjustments to reconcile net income to net |  |  |  |  |  |  |  |  |
Cash provided by operating activities: |  |  |  |  |  |  |  |  |
Depreciation, amortization, accretion, net |  |  | 218 |  |  |  | 350 |  |  |  | 104 |
Dividends received from subsidiary |  |  | 34,040 |  |  |  | 28,075 |  |  |  | 29,663 |
Equity in undistributed earnings of subsidiaries |  |  | (44,811 | ) |  |  | (30,380 | ) |  |  | (19,030 | )
Increase in other assets |  |  | (208,359 | ) |  |  | (206,880 | ) |  |  | (30,121 | )
Increase in other liabilities |  |  | (146 | ) |  |  | 1,760 |  |  |  | 1,349 |
Net cash provided by (used in) operating activities |  |  | (146,106 | ) |  |  | (155,585 | ) |  |  | 27,235 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Investment in subsidiary |  |  | — |  |  |  | — |  |  |  | (700 | )
Net cash from business acquisition |  |  | 67,323 |  |  |  | 30,968 |  |  |  | — |
Net cash provided by (used in) investing activities |  |  | 67,323 |  |  |  | 30,968 |  |  |  | (700 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Repayment of short-term debt |  |  | — |  |  |  | — |  |  |  | (5,000 | )
Proceeds from short-term debt |  |  | — |  |  |  | — |  |  |  | 5,000 |
Issuance of subordinated debt |  |  | — |  |  |  | — |  |  |  | 94,253 |
Proceeds from issuance of common stock |  |  | 93,415 |  |  |  | 46,128 |  |  |  | 610 |
Payment to repurchase common stock |  |  | (340 | ) |  |  | (326 | ) |  |  | (213 | )
Direct expense related to capital transactions |  |  | (29 | ) |  |  | (206 | ) |  |  | — |
Dividends paid on common stock |  |  | (17,830 | ) |  |  | (14,721 | ) |  |  | (12,814 | )
Net cash provided by financing activities |  |  | 75,216 |  |  |  | 30,875 |  |  |  | 81,836 |
Increase (decrease) in cash |  |  | (3,567 | ) |  |  | (93,742 | ) |  |  | 108,371 |
Cash at beginning of year |  |  | 28,421 |  |  |  | 122,163 |  |  |  | 13,792 |
Cash at end of year |  | $ | 24,854 |  |  | $ | 28,421 |  |  | $ | 122,163 |

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