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Mar 31, 2020
First Mid Q1 2020 Earnings Report
Announced first quarter 2020 results reflecting soundness and diversification.
Key Takeaways
First Mid Bancshares reported solid earnings for the first quarter of 2020, driven by loan growth and improved asset quality measures, despite a material reserve build. The company's capital ratios increased, with the total capital ratio ending at 16.13%.
Generated 1.8% loan growth.
Improved asset quality measures.
Delivered solid earnings despite a material reserve build.
All capital ratios increased, with total capital ratio ending at 16.13%.
First Mid
First Mid
Forward Guidance
This document may contain certain forward-looking statements about First Mid, such as discussions of First Mid’s pricing and fee trends, credit quality and outlook, liquidity, new business results, expansion plans, anticipated expenses, planned schedules and impacts from COVID-19.