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FMBH (First Mid Bancshares) Credit Losses Provision : $7.6 Mil (As of Mar. 2025)


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What is First Mid Bancshares Credit Losses Provision?

First Mid Bancshares's credit losses provision for the three months ended in Mar. 2025 was $1.7 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was $7.6 Mil.

First Mid Bancshares's quarterly credit losses provision increased from Sep. 2024 ($1.3 Mil) to Dec. 2024 ($3.6 Mil) but then declined from Dec. 2024 ($3.6 Mil) to Mar. 2025 ($1.7 Mil).

First Mid Bancshares's annual credit losses provision increased from Dec. 2022 ($4.8 Mil) to Dec. 2023 ($6.1 Mil) but then declined from Dec. 2023 ($6.1 Mil) to Dec. 2024 ($5.6 Mil).


First Mid Bancshares Credit Losses Provision Historical Data

The historical data trend for First Mid Bancshares's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Mid Bancshares Credit Losses Provision Chart

First Mid Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.10 15.15 4.81 6.10 5.64

First Mid Bancshares Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.36 1.08 1.27 3.64 1.65

First Mid Bancshares Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Mid Bancshares Business Description

Traded in Other Exchanges
N/A
Address
1421 Charleston Avenue, Mattoon, IL, USA, 61938
First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is engaged in the business of banking. The Company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, it also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.
Executives
James Edwin Zimmer director 1010 LINCOLN AVE, CHARLESTON IL 61920
Clay M Dean officer: SVP-Chief Deposit Services 2816 WESTERN AVE, MATTOON IL 61938
Todd J James director 400 BROAD ST, BELOITT WI 53511
Robert S Cook director 631 S BODIN ST, HINSDALE IL 60521
Laura J Hughes officer: EVP, Chief Marketing & Deposit 1251 DEER CREEK RDG, DUBUQUE IA 52003
Bradley L Beesley officer: Executive VP-Wealth Management 1906 SUNSET AVE, EFFINGHAM IL 62401
James Kyle Mccurry director 302 CAMPUSVIEW DRIVE, SUITE 108, COLUMBIA MO 65201
Gisele A Marcus director 3827 SHAW BOULEVARD, ST. LOUIS MO 63110
Megan E Mcelwee officer: SVP, Chief Credit Officer 18537 E COUNTY ROAD 1280N, CHARLESTON IL 61920
Anya Y Schuetz officer: VP, Director of Project Mgmt 2119 REYNOLDS DRIVE, CHARLESTON IL 61938
Jordan D. Read officer: SVP, Chief Risk Officer 1713 CHANDLER WAY, ST. CHARLES MO 63303
Rhonda G Gatons officer: SVP, Director Human Resources 909 E 625 NORTH ROAD, TOWER HILL IL 62571
Ray A Sparks director 30 S COUNTRY CLUB RD, MATTOON IL 61938
David R. Hiden officer: SVP, Chief Information Officer 1421 CHARLESTON AVE, MATTOON IL 61938
Zachary Horn director 8 SOUTH WASHINGTON STREET, SULLIVAN IL 61951