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Regulatory Capital (Tables)
12 Months Ended
Dec. 31, 2024
Regulatory Capital [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

As of December 31, 2024 and 2023, the most recent notification from the primary regulators categorized First Mid Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, minimum total risk-based capital, Tier 1 risk-based capital, Common Equity Tier 1 risk-based capital, and Tier 1 leverage ratios must be maintained as set forth in the table below. At December 31, 2024, there were no conditions or events since the most recent notification that management believes have changed this categorization.

 

 

 

Actual

 

 

Required Minimum For Capital Adequacy Purposes with Capital Buffer

 

To Be Well-Capitalized Under Prompt Corrective Action Provisions

(Dollars in thousands)

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Amount

 

 

Ratio

December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company

 

$

935,189

 

 

 

15.37

%

 

$

639,015

 

 

>10.50%

 

N/A

 

 

N/A

First Mid Bank

 

 

880,621

 

 

 

14.51

%

 

 

637,089

 

 

>10.50%

 

$

606,752

 

 

> 10.00%

Tier 1 capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company

 

 

780,096

 

 

 

12.82

%

 

 

517,298

 

 

> 8.50%

 

N/A

 

 

N/A

First Mid Bank

 

 

813,000

 

 

 

13.40

%

 

 

515,739

 

 

> 8.50%

 

 

485,401

 

 

> 8.00%

Common equity tier 1 capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company

 

 

755,816

 

 

 

12.42

%

 

 

426,010

 

 

> 7.00%

 

N/A

 

 

N/A

First Mid Bank

 

 

813,000

 

 

 

13.40

%

 

 

424,726

 

 

> 7.00%

 

 

394,389

 

 

> 6.50%

Tier 1 capital (to average assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company

 

 

780,096

 

 

 

10.33

%

 

 

301,976

 

 

> 4.00%

 

N/A

 

 

N/A

First Mid Bank

 

 

813,000

 

 

 

10.82

%

 

 

300,596

 

 

> 4.00%

 

 

375,745

 

 

> 5.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company

 

$

894,259

 

 

 

14.84

%

 

$

632,724

 

 

>10.50%

 

N/A

 

 

N/A

First Mid Bank

 

 

854,235

 

 

 

14.22

%

 

 

630,581

 

 

>10.50%

 

$

600,553

 

 

> 10.00%

Tier 1 capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company

 

 

724,186

 

 

 

12.02

%

 

 

512,205

 

 

> 8.50%

 

N/A

 

 

N/A

First Mid Bank

 

 

790,917

 

 

 

13.17

%

 

 

510,470

 

 

> 8.50%

 

 

480,443

 

 

> 8.00%

Common equity tier 1 capital (to risk-weighted assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company

 

 

700,128

 

 

 

11.62

%

 

 

421,816

 

 

> 7.00%

 

N/A

 

 

N/A

First Mid Bank

 

 

790,917

 

 

 

13.17

%

 

 

420,387

 

 

> 7.00%

 

 

390,360

 

 

> 6.50%

Tier 1 capital (to average assets)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company

 

 

724,186

 

 

 

9.33

%

 

 

310,587

 

 

> 4.00%

 

N/A

 

 

N/A

First Mid Bank

 

 

790,917

 

 

 

10.23

%

 

 

309,151

 

 

> 4.00%

 

 

386,439

 

 

> 5.00%