First Mid Bank & Trust, National Association
Mattoon, Illinois, Coles County
$9.1B in total assets, the 183rd largest of 4,309 US banks and 8th of 328 headquartered in Illinois.
- FDIC certificate
- 3705
- Established
- 1865
- Owned by
- First Mid Bancshares Inc
- Primary regulator
- OCC
- Website
- www.firstmid.com
At a glance
Compared with 50 banks headquartered in Illinois with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $9.1B | 94% | $2.7B | |
| Loans | $6.9B | 96% | $2.0B | |
| Deposits | $7.6B | 96% | $2.3B | |
| Return on assets | 1.18% | 33% | 1.42% | |
| Net interest margin | 3.65% | 57% | 3.53% | |
| Efficiency ratio | 58.6% | 65% | 51.0% | |
| Equity to assets | 11.84% | 86% | 9.97% | |
| Loans to deposits | 91% | 68% | 86% |
Growth
Total assets grew 9.7% a year over the last 5 years and 15.8% a year over 10 years, including 7 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jun 2026 | Two Rivers Bank & Trust Burlington, IA, an affiliate under the same holding company | $1.2B |
| Dec 2023 | Blackhawk Bank Beloit, WI, an affiliate under the same holding company | $1.5B |
| Jun 2022 | Jefferson Bank and Trust Company Saint Louis, MO, an affiliate under the same holding company | $748M |
| May 2021 | Providence Bank Columbia, MO, an affiliate under the same holding company | $1.0B |
| Apr 2019 | Soy Capital Bank and Trust Company Decatur, IL, an affiliate under the same holding company | $420M |
| Aug 2018 | First Bank & Trust, Paris, IL, an affiliate under the same holding company | $493M |
| Mar 2017 | First Clover Leaf Bank, National Association Edwardsville, IL, an affiliate under the same holding company | $678M |
| Sep 2006 | Peoples State Bank of Mansfield Mansfield, IL, an affiliate under the same holding company | $140M |
| Apr 2001 | American Bank of Illinois in Highland Highland, IL | $33M |
| Nov 1997 | Heartland Savings Bank Mattoon, IL, an affiliate under the same holding company | $90M |
| Oct 1994 | Downstate National Bank Altamont, IL | $53M |
| May 1992 | State Bank of Sullivan Sullivan, IL, an affiliate under the same holding company | $39M |
| May 1992 | The First National Bank and Trust Company of Douglas County Tuscola, IL | $30M |
| May 1992 | Charleston Community Bank Charleston, IL, an affiliate under the same holding company | $23M |
| May 1992 | Cumberland County National Bank in Neoga Neoga, IL, an affiliate under the same holding company | $19M |
| Apr 1989 | Mattoon Bank Mattoon, IL, an affiliate under the same holding company | $19M |
Where they operate
87 branches in 41 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Coles County, IL | $1.7B | 66.6% | 1 of 12 |
| Madison County, IL | $753M | 11.2% | 3 of 23 |
| Des Moines County, IA | $570M | 37.6% | 1 of 11 |
| Macon County, IL | $414M | 17.8% | 3 of 13 |
| Winnebago County, IL | $374M | 4.6% | 8 of 18 |
| Rock County, WI | $359M | 10.4% | 5 of 18 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 53 branches since 2016 (34 to 87, +155.9%). 12 opened, 65 acquired, 24 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 34 | |||
| 2016 | Opened 11 in Illinois | 11 | 0 | +11 | 45 |
| 2017 | Acquired First Clover Leaf Bank, National Association | 6 | 0 | +6 | 51 |
| 2018 | Acquired First Bank & Trust,Closed Champaign and Maryville | 7 | 2 | +5 | 56 |
| 2019 | Acquired Soy Capital Bank and Trust CompanyOpened Alton, closed Decatur | 10 | 2 | +8 | 64 |
| 2020 | Closed Highland and Peoria | 0 | 2 | −2 | 62 |
| 2021 | Acquired Providence BankClosed 10 in Illinois | 14 | 10 | +4 | 66 |
| 2022 | Acquired Jefferson Bank and Trust Company | 5 | 0 | +5 | 71 |
| 2023 | Acquired Blackhawk Bank | 10 | 0 | +10 | 81 |
| 2025 | Closed 8 in 2 states | 0 | 8 | −8 | 73 |
| 2026 through Q2 | Acquired Two Rivers Bank & Trust | 14 | 0 | +14 | 87 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 42% | 28% | |
| Business (C&I) | 22% | 26% | |
| 1-4 family residential | 11% | 14% | |
| Farmland | 6% | 3% | |
| Multifamily | 6% | 9% | |
| Construction and land | 5% | 7% | |
| Agricultural | 5% | 1% | |
| Consumer | 1% | 6% | |
| Other | 3% | 5% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 59% | 55% | |
| Time deposits | 20% | 24% | |
| Noninterest-bearing | 20% | 21% |
Brokered deposits are 8.2% of deposits (peers 7.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.53% | 0.49% |
| Net charge-offs, annualized | 0.08% | 0.07% |
| Reserves to loans | 1.25% | 1.07% |
| Leverage ratio | 10.70% | 10.08% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Illinois
Largest competitors in Coles County, IL
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/first-mid