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 Data and Metrics

First Mid-Illinois Bank Financial Metrics

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.
USD

Revenue (FY, 2016)

75.5 m

Revenue growth (FY, 2015 - FY, 2016), %

27%

Gross profit (FY, 2016)

71.2 m

Gross profit margin (FY, 2016), %

94%

Net income (FY, 2016)

21.8 m

EBIT (FY, 2016)

68.4 m

Market capitalization (26-Jun-2017)

425.6 m

Closing share price (26-Jun-2017)

34.3

Cash (31-Dec-2016)

175.9 m
First Mid-Illinois Bank's current market capitalization is $425.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

53.5 m54.7 m59.3 m75.5 m

Revenue growth, %

2%8%27%

Cost of goods sold

3.5 m4.3 m

Gross profit

55.8 m71.2 m

Gross profit Margin, %

94%94%

EBIT

54.4 m68.4 m

EBIT margin, %

92%91%

Pre tax profit

25.7 m33.8 m

Net Income

14.7 m15.5 m16.5 m21.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

65.1 m51.7 m115.8 m175.9 m

Accounts Receivable

6.6 m6.8 m8.1 m10.6 m

PP&E

28.6 m27.4 m31.3 m40.3 m

Total Assets

1.6 b1.6 b2.1 b2.9 b

Accounts Payable

277 k285 k356 k535 k

Dividends Payable

530 k550 k

Additional Paid-in Capital

33.9 m55.6 m79.6 m158.7 m

Retained Earnings

86.6 m62 m71.7 m86.2 m

Total Equity

205 m280.7 m

Financial Leverage

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

Net Income

14.7 m15.5 m16.5 m21.8 m

Depreciation and Amortization

904 k966 k

Accounts Payable

(64 k)

Cash From Operating Activities

24.7 m17.8 m22 m27.4 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 m3.2 m3.4 m4.1 m

Income Taxes Paid

7.7 m9.3 m7.8 m13.1 m
USDY, 2016

Revenue/Employee

146.3 k

Financial Leverage

10.3 x

First Mid-Illinois Bank Market Value History

First Mid-Illinois Bank Company Life and Culture

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