Short answer
FIRST MID BANCSHARES, INC. (FMBH) filed an 8-K current report with the SEC on April 15, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 1.02 (Termination of a Material Definitive Agreement). $15.0M revolving credit line, maturing April 10, 2027, for corporate liquidity and working capital.
FIRST MID BANCSHARES, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- $15.0M revolving credit line, maturing April 10, 2027, for corporate liquidity and working capital
- Revolver initial rate approximately 6.00%, floating at Prime minus 0.75%, with 4.50% floor
- $20.0M term loan, maturing April 10, 2029, refinancing existing subordinated debt
- Term loan initial rate approximately 6.402%, based on 30-day average SOFR plus 2.75%
- 100% of First Mid Bank & Trust stock subject to negative pledge and financial-regulatory covenants
Item 1.02 · Termination of a Material Definitive Agreement
- $15.0 million Northern Trust revolving facility matured and terminated April 3, 2026
- No amounts outstanding at maturity, eliminating associated borrowing obligations
- Company replaced facility with a new revolving line of credit disclosed separately
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other FIRST MID BANCSHARES, INC. 8-K filings
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