Company profile

Joseph R. Dively
Incorporated in
Fiscal year end
Industry (SEC)
Former names
First Mid Illinois Bancshares Inc, First-mid Illinois Bancshares Inc
IRS number

FMBH stock data



5 Aug 19
21 Oct 19
31 Dec 19


Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Net income 10.98M 13.32M 9.94M 8.23M
Diluted EPS 0.66 0.8 0.62 0.54
Net change in cash -64.13M 91.15M 76.92M -21.09M
Cash on hand 168.42M 232.55M 141.4M 64.49M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Net income 36.6M 26.68M 21.84M 16.51M
Diluted EPS 2.52 2.13 2.05 1.81
Net change in cash 52.52M -87.02M 60.12M 64.05M
Cash on hand 141.4M 88.88M 175.9M 115.78M

Financial data from company earnings reports

Financial report summary

  • Difficult economic conditions and market disruption have adversely impacted the banking industry and financial markets generally and may again significantly affect the business, financial condition, or results of operations of the Company.
  • The Company’s profitability depends significantly on economic conditions in the geographic region in which it operates.
  • Decline in the strength and stability of other financial institutions may adversely affect the Company’s business.
  • Changes in interest rates may negatively affect our earnings.
  • The Company may not have sufficient cash or access to cash to satisfy current and future financial obligations, including demands for loans and deposit withdrawals, funding operating costs and for other corporate purposes
  • If the Company were unable to borrow funds through access to capital markets, it may not be able to meet the cash flow requirements of its depositors, creditors, and borrowers, or the operating cash needed to fund corporate expansion and other corporate activities.
  • Loan customers or other counter-parties may not be able to perform their contractual obligations resulting in a negative impact on the Company’s earnings
  • Deterioration in the real estate market could lead to losses, which could have a material adverse effect on the business, financial condition and results of operations or the Company.
  • The allowance for loan losses may prove inadequate or be negatively affected by credit risk exposures.
  • Declines in the value of securities held in the investment portfolio may negatively affect the Company’s earnings and capital.
  • A failure in or breach of the company's operational or security systems, or those of it's third party service providers, including as a result of cyber-attacks, could disrupt the company's business, result in unintentional disclosure or misuse of confidential or proprietary information, damage the company's reputation, increase our costs and cause losses.
  • If the Company’s stock price declines from levels at
  • , management will evaluate the goodwill balances for impairment, and if the values of the businesses have declined, the Company could recognize an impairment charge for its goodwill.
  • The Company may issue additional common stock or other equity securities in the future which could dilute the ownership interest of existing stockholders
  • Human error, inadequate or failed internal processes and systems, and external events may have adverse effects on the Company
  • The Company is exposed to various business risks that could have a negative effect on the financial performance of the Company
  • If the Company is unable to make favorable acquisitions or successfully integrate our acquisitions, the Company’s growth could be impacted.
  • The Company and the banking industry are subject to government regulation, legislation and policy.
Management Discussion
  • The largest source of revenue for the Company is net interest income. Net interest income represents the difference between total interest income earned on earning assets and total interest expense paid on interest-bearing liabilities.  The amount of interest income is dependent upon many factors, including the volume and mix of earning assets, the general level of interest rates and the dynamics of changes in interest rates.  The cost of funds necessary to support earning assets varies with the volume and mix of interest-bearing liabilities and the rates paid to attract and retain such funds.  
  • Net interest income is the excess of interest received from earning assets over interest paid on interest-bearing liabilities. For analytical purposes, net interest income is presented on a full tax equivalent (TE) basis in the table that follows. The federal statutory rate in effect of 21% for 2019 and 2018 was used. The TE analysis portrays the income tax benefits associated with the tax-exempt assets. The year-to-date net yield on interest-earning assets excluding the TE adjustments of $1,085,000 and $963,000 for 2019 and 2018, respectively were 3.63% at June 30, 2019 and 3.66% at June 30, 2018.
  • (1) The tax-exempt income is not recorded on a tax equivalent basis.
Content analysis ?
H.S. sophomore Bad
New words: investor, predominant, proportion, stratifying, swap, Unamortized