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First Mid Bancshares, Inc. Completes Acquisition of Two Rivers Financial Group, Inc.
Globenewswire· 2026-03-02 15:00
Core Viewpoint - First Mid Bancshares, Inc. has successfully completed the acquisition of Two Rivers Financial Group, Inc., enhancing its asset base and service offerings [1][2]. Group 1: Acquisition Details - The acquisition of Two Rivers Financial Group, Inc. has been finalized, with Two Rivers holding approximately $1.2 billion in assets, $883 million in loans, and $1.0 billion in deposits as of December 31, 2025 [1][2]. - Following the acquisition, First Mid Bancshares now has approximately $9.1 billion in total assets and $7.9 billion in total trust and wealth assets under management [2]. Group 2: Customer Impact - There will be no immediate changes for Two Rivers' customers, with account conversions expected to occur in June 2026, and customers will be informed in advance of any changes [3]. Group 3: Company Overview - First Mid Bancshares, Inc. is a community-focused organization providing a full suite of financial services, including banking, wealth management, brokerage, agricultural services, and insurance, with a network of locations across Illinois, Missouri, Texas, and Wisconsin [4].