First Mid Bancshares (NASDAQ:FMBH) (NASDAQ: FMBH), headquartered in Mattoon, Illinois, is a financial services holding company that offers a comprehensive suite of banking products and services through its main subsidiary, First Mid Bank & Trust. The company’s primary business activities include commercial and retail banking, mortgage origination and servicing, wealth management and trust administration, as well as treasury and cash management solutions.
Through its branch network, First Mid provides consumer deposit products such as checking and savings accounts, certificates of deposit and online banking services. The firm’s lending portfolio covers home mortgages, residential and commercial real estate financing, business credit lines, equipment lending and agribusiness loans. Additionally, it offers investment advisory, retirement planning and fiduciary services to individuals and institutional clients, supported by digital channels and mobile payment platforms.
First Mid Bancshares serves communities across east-central and southern Illinois, with branch markets that include Bloomington-Normal, Champaign-Urbana, Peoria, Quincy and surrounding areas. Its regional footprint enables it to cater to local agricultural, commercial and municipal clients, leveraging market knowledge and community relationships to support growth and financial well-being.
The bank’s heritage traces back to 1891, while the holding company was established in the early 1980s to facilitate geographic expansion and strategic acquisitions. The organization is led by Chairman and Chief Executive Officer Thomas M. Clifford, who oversees corporate governance, business development and community engagement initiatives.
