First Mid-Illinois Bank

First Mid-Illinois Bancshares, Inc. is the parent company of First Mid-Illinois Bank & Trust, N.A.; Mid-Illinois Data Services, Inc.; and First Mid Insurance Group. The bank was first chartered in 1865 and has since grown into a more than $2 billion community-focused organization that provides financial services through a network of 46 banking centers in 33 Illinois communities. Our talented team is comprised of over 500 men and women who take great pride in First Mid, their work and their ability to serve our customers. Our stock is traded in The NASDAQ Stock Market LLC under the ticker symbol “FMBH.” Our Mission is to fulfill the financial needs of our communities with exceptional personal service, professionalism and integrity, and deliver meaningful value and results for customers and shareholders. Our Vision is to be a nimble, community banking team committed to quality and growth for the benefit of all our stakeholders. Our Strategy is to operate as a customer-focused organization; to recruit and retain a well-educated, quality staff; to invest in our communities; to build technological capabilities which will better serve the next generation of customers; to achieve long term consistent growth; and to produce levels of profitability that provide the resources necessary to reinvest in the bank.
Type
Public
HQ
Mattoon, US
Size (employees)
598 (est)+16%
First Mid-Illinois Bank is headquartered in Mattoon, US

First Mid-Illinois Bank Office Locations

First Mid-Illinois Bank has an office in Mattoon
Mattoon, US (HQ)
1515 Charleston Ave

First Mid-Illinois Bank Metrics

First Mid-Illinois Bank Financial Metrics

Revenue (2016)

$75.5 m

Revenue growth (2015-16), %

27%

Gross profit

$71.2 m

Gross profit margin (2016), %

94%

Net income (2016)

$21.8 m

Market capitalization (28-Apr-2017)

$406.9 m

Closing share price (28-Apr-2017)

$33.2

Cash (31-Dec-2016)

$175.9 m
First Mid-Illinois Bank's current market capitalization is $406.9 m.
First Mid-Illinois Bank's revenue was reported to be $75.5 m in FY, 2016 which is a 27% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$53.5 m$54.7 m$59.3 m$75.5 m

Revenue growth, %

2%8%27%

Cost of goods sold

$3.5 m$4.3 m

Gross profit

$55.8 m$71.2 m

Gross profit Margin, %

94%94%

EBIT

$54.4 m$68.4 m

EBIT margin, %

92%91%

Pre tax profit

$25.7 m$33.8 m

Net Income

$14.7 m$15.5 m$16.5 m$21.8 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$65.1 m$51.7 m$115.8 m$175.9 m

Accounts Receivable

$6.6 m$6.8 m$8.1 m$10.6 m

Inventories

PP&E

$28.6 m$27.4 m$31.3 m$40.3 m

Total Assets

$1.6 b$1.6 b$2.1 b$2.9 b

Accounts Payable

$277 k$285 k$356 k$535 k

Dividends Payable

$530 k$550 k

Additional Paid-in Capital

$33.9 m$55.6 m$79.6 m$158.7 m

Retained Earnings

$86.6 m$62 m$71.7 m$86.2 m

Total Equity

$205 m$280.7 m

Financial Leverage

10.3 x10.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$14.7 m$15.5 m$16.5 m$21.8 m

Depreciation and Amortization

$904 k$966 k

Accounts Receivable

Inventories

Accounts Payable

($64 k)

Cash From Operating Activities

$24.7 m$17.8 m$22 m$27.4 m

Cash From Investing Activities

($67.1 m)($10 m)($78.1 m)

Long-term Borrowings

($21 m)($10 m)($5 m)($15 m)

Dividends Paid

($4.1 m)($4.3 m)($2 m)($1.3 m)

Cash From Financing Activities

$24.9 m($21.1 m)$110.8 m

Interest Paid

$3.6 m$3.2 m$3.4 m$4.1 m

Income Taxes Paid

$7.7 m$9.3 m$7.8 m$13.1 m

First Mid-Illinois Bank Market Value History

First Mid-Illinois Bank Company Life

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