First Mid Bancshares, Inc. Completes Acquisition of Two Rivers Financial Group, Inc.

MATTOON, Ill., March 02, 2026 (GLOBE NEWSWIRE) -- First Mid Bancshares, Inc. (NASDAQ: FMBH) (“First Mid” or the “Company”) announced today that the acquisition of Two Rivers Financial Group, Inc. (“Two Rivers”) has been completed.

As of 12/31/2025, Two Rivers had approximately $1.2 billion in assets, $883 million in loans, $1.0 billion in deposits, and more than $1.2 billion in trust and wealth assets under management through 14 locations in Iowa. With the completion of this acquisition, First Mid has approximately $9.1 billion in total assets and $7.9 billion in total trust and wealth assets under management.

There are no immediate changes for Two Rivers' customers. The conversion of accounts from Two Rivers is expected to happen in June of this year. Customers will receive information well in advance of any changes that may impact them.

“We welcome Two Rivers' customers and employees to First Mid and are excited to provide expanded services to the strong relationships the Two Rivers team has built over the years,” said Joe Dively, First Mid Chairman and Chief Executive Officer. “We have worked closely with the Two Rivers team over the last few months to ensure a smooth transition.”

About First Mid: First Mid Bancshares, Inc. (“First Mid”) is the parent company of First Mid Bank & Trust, N.A., First Mid Insurance Group, Inc., First Mid Wealth Management Co., and Two Rivers Bank & Trust. First Mid is a $9.1 billion community-focused organization that provides a full-suite of financial services including banking, wealth management, brokerage, Ag services, and insurance through a sizeable network of locations throughout Illinois, Missouri, Texas, and Wisconsin and a loan production office in the greater Indianapolis area. Together, our First Mid team takes great pride in providing solutions and services to the customers and communities and has done so over the last 160 years. More information about the Company is available on our website at www.firstmid.com.

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