FMBH · CIK 700565
What First Mid Bancshares, Inc. told the SEC could break it.
2 self-disclosed vulnerabilities, pulled from its own filings, each in the company’s words, with the source. This is the risk register almost nobody reads.
A limited set so far, we surface every cited disclosure we’ve extracted for FMBH. More may follow as additional filings are processed.
In its own words
What could break it.
Commodity & input dependence
- Agricultural / grain-farming loan concentrationmedium
At year-end 2025 the loan portfolio held $681.4M of loans to agriculture-related borrowers, of which $577.9M was concentrated in grain farming, exposing the bank to farm commodity prices and yields.
“At December 31, 2025, the Company’s loan portfolio included $681.4 million of loans to borrowers whose businesses are directly related to agriculture. Of this amount, $577.9 million was concentrated in other grain farming.”
SEC filing →As of 2026
Geographic concentration
- Central Illinois loan/operations concentrationmedium
First Mid's operations and loan portfolio are concentrated in central Illinois, where agriculture is the dominant industry, tying its credit performance to one regional economy.
“The Company's operations (and therefore its loans) are concentrated in central Illinois, an area where agriculture is the dominant industry.”
SEC filing →As of 2026
The hidden graph
Who it depends on, and who depends on it.
Relationships surfaced from filings, including ones disclosed by the other side, which is how the non-obvious ones come to light.
Its suppliers
Bankers' Bank
“First Mid Bank has $130 million available in overnight federal fund lines, including $30 million from First Horizon Bank, N.A., $25 million from Zions Bank, $20 million from U.S. Bank, N.A., $20 million from BMO Bank, N.A., $20 million from Bankers' Bank., and $15 million from The Northern Trust Company.”
Cited →“First Mid Bank has $130 million available in overnight federal fund lines, including $30 million from First Horizon Bank, N.A., $25 million from Zions Bank, $20 million from U.S. Bank, N.A., $20 million from BMO Bank, N.A., $20 million from Bankers' Bank., and $15 million from The Northern Trust Company.”
Cited →“First Mid Bank has $130 million available in overnight federal fund lines, including $30 million from First Horizon Bank, N.A., $25 million from Zions Bank, $20 million from U.S. Bank, N.A., $20 million from BMO Bank, N.A., $20 million from Bankers' Bank., and $15 million from The Northern Trust Company.”
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