First Mid Illinois Bancshares Inc (FMBH) - Net Assets
Based on the latest financial reports, First Mid Illinois Bancshares Inc (FMBH) has net assets worth $958.69 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.97 Billion) and total liabilities ($7.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check First Mid Illinois Bancshares Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $958.69 Million |
| % of Total Assets | 12.03% |
| Annual Growth Rate | 11.75% |
| 5-Year Change | 51.24% |
| 10-Year Change | 241.57% |
| Growth Volatility | 12.28 |
First Mid Illinois Bancshares Inc - Net Assets Trend (1994–2025)
This chart illustrates how First Mid Illinois Bancshares Inc's net assets have evolved over time, based on quarterly financial data. Also explore First Mid Illinois Bancshares Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for First Mid Illinois Bancshares Inc (1994–2025)
The table below shows the annual net assets of First Mid Illinois Bancshares Inc from 1994 to 2025. For live valuation and market cap data, see First Mid Illinois Bancshares Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $958.69 Million | +13.27% |
| 2024-12-31 | $846.39 Million | +6.71% |
| 2023-12-31 | $793.20 Million | +25.28% |
| 2022-12-31 | $633.15 Million | -0.12% |
| 2021-12-31 | $633.89 Million | +11.56% |
| 2020-12-31 | $568.23 Million | +7.90% |
| 2019-12-31 | $526.61 Million | +10.66% |
| 2018-12-31 | $475.86 Million | +54.52% |
| 2017-12-31 | $307.96 Million | +9.72% |
| 2016-12-31 | $280.67 Million | +36.91% |
| 2015-12-31 | $205.01 Million | +24.31% |
| 2014-12-31 | $164.92 Million | +10.40% |
| 2013-12-31 | $149.38 Million | -4.66% |
| 2012-12-31 | $156.69 Million | +11.15% |
| 2011-12-31 | $140.97 Million | +25.57% |
| 2010-12-31 | $112.27 Million | +0.94% |
| 2009-12-31 | $111.22 Million | +34.36% |
| 2008-12-31 | $82.78 Million | +2.89% |
| 2007-12-31 | $80.45 Million | +6.16% |
| 2006-12-31 | $75.79 Million | +4.78% |
| 2005-12-31 | $72.33 Million | +4.59% |
| 2004-12-31 | $69.15 Million | -2.04% |
| 2003-12-31 | $70.59 Million | +5.67% |
| 2002-12-31 | $66.81 Million | +4.51% |
| 2001-12-31 | $63.92 Million | +10.74% |
| 2000-12-31 | $57.73 Million | +12.05% |
| 1999-12-31 | $51.52 Million | +2.06% |
| 1998-12-31 | $50.48 Million | +10.76% |
| 1997-12-31 | $45.58 Million | +14.21% |
| 1996-12-31 | $39.90 Million | +13.01% |
| 1995-12-31 | $35.31 Million | +15.39% |
| 1994-12-31 | $30.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Mid Illinois Bancshares Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2048.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $463.54 Million | 48.35% |
| Common Stock | $100.69 Million | 10.50% |
| Other Comprehensive Income | $-98.65 Million | -10.29% |
| Other Components | $493.11 Million | 51.44% |
| Total Equity | $958.69 Million | 100.00% |
First Mid Illinois Bancshares Inc Competitors by Market Cap
The table below lists competitors of First Mid Illinois Bancshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Cogeneration Corp
TW:8926
|
$1.06 Billion |
|
PolEnergia S.A.
WAR:PEP
|
$1.06 Billion |
|
Shanghai Yanpu Metal Products Co Ltd
SHG:605128
|
$1.06 Billion |
|
OceanFirst Financial Corp
NASDAQ:OCFC
|
$1.06 Billion |
|
Neuberger Berman Next Generation Connectivity Fund Inc
NYSE:NBXG
|
$1.06 Billion |
|
Zhejiang Jingxing Paper Joint Stock Co Ltd
SHE:002067
|
$1.06 Billion |
|
Northeast Bancorp
NASDAQ:NBN
|
$1.05 Billion |
|
Whirlpool China Co Ltd
SHG:600983
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Mid Illinois Bancshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 846,391,000 to 958,692,000, a change of 112,301,000 (13.3%).
- Net income of 91,749,000 contributed positively to equity growth.
- Dividend payments of 23,395,000 reduced retained earnings.
- Share repurchases of 724,000 reduced equity.
- New share issuances of 1,120,000 increased equity.
- Other comprehensive income increased equity by 43,736,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $91.75 Million | +9.57% |
| Dividends Paid | $23.39 Million | -2.44% |
| Share Repurchases | $724.00K | -0.08% |
| Share Issuances | $1.12 Million | +0.12% |
| Other Comprehensive Income | $43.74 Million | +4.56% |
| Other Changes | $-185.00K | -0.02% |
| Total Change | $- | 13.27% |
Book Value vs Market Value Analysis
This analysis compares First Mid Illinois Bancshares Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.75x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $9.06 | $43.06 | x |
| 1995-12-31 | $10.34 | $43.06 | x |
| 1996-12-31 | $5.65 | $43.06 | x |
| 1997-12-31 | $6.20 | $43.06 | x |
| 1998-12-31 | $6.62 | $43.06 | x |
| 1999-12-31 | $6.68 | $43.06 | x |
| 2000-12-31 | $7.57 | $43.06 | x |
| 2001-12-31 | $8.37 | $43.06 | x |
| 2002-12-31 | $8.76 | $43.06 | x |
| 2003-12-31 | $9.73 | $43.06 | x |
| 2004-12-31 | $10.07 | $43.06 | x |
| 2005-12-31 | $10.62 | $43.06 | x |
| 2006-12-31 | $11.43 | $43.06 | x |
| 2007-12-31 | $12.43 | $43.06 | x |
| 2008-12-31 | $13.28 | $43.06 | x |
| 2009-12-31 | $18.03 | $43.06 | x |
| 2010-12-31 | $18.35 | $43.06 | x |
| 2011-12-31 | $23.28 | $43.06 | x |
| 2012-12-31 | $26.24 | $43.06 | x |
| 2013-12-31 | $25.39 | $43.06 | x |
| 2014-12-31 | $19.73 | $43.06 | x |
| 2015-12-31 | $22.47 | $43.06 | x |
| 2016-12-31 | $26.35 | $43.06 | x |
| 2017-12-31 | $24.57 | $43.06 | x |
| 2018-12-31 | $32.82 | $43.06 | x |
| 2019-12-31 | $31.52 | $43.06 | x |
| 2020-12-31 | $33.90 | $43.06 | x |
| 2021-12-31 | $35.34 | $43.06 | x |
| 2022-12-31 | $31.28 | $43.06 | x |
| 2023-12-31 | $36.27 | $43.06 | x |
| 2024-12-31 | $35.42 | $43.06 | x |
| 2025-12-31 | $39.97 | $43.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Mid Illinois Bancshares Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.69%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 8.31x
- Recent ROE (9.57%) is below the historical average (10.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 11.22% | 21.61% | 0.04x | 14.74x | $374.00K |
| 1995 | 11.11% | 18.67% | 0.04x | 13.38x | $393.10K |
| 1996 | 10.44% | 18.31% | 0.04x | 12.92x | $175.60K |
| 1997 | 10.37% | 18.72% | 0.05x | 11.69x | $168.40K |
| 1998 | 10.03% | 19.84% | 0.05x | 10.99x | $14.00K |
| 1999 | 10.16% | 20.34% | 0.04x | 11.67x | $80.20K |
| 2000 | 9.80% | 11.11% | 0.08x | 11.14x | $-112.70K |
| 2001 | 10.19% | 12.01% | 0.08x | 11.04x | $123.50K |
| 2002 | 12.03% | 15.52% | 0.07x | 11.62x | $1.35 Million |
| 2003 | 12.88% | 17.76% | 0.06x | 11.25x | $2.03 Million |
| 2004 | 14.10% | 18.87% | 0.06x | 11.95x | $2.84 Million |
| 2005 | 13.56% | 17.18% | 0.07x | 11.76x | $2.57 Million |
| 2006 | 13.21% | 14.52% | 0.07x | 12.94x | $2.43 Million |
| 2007 | 12.63% | 13.62% | 0.07x | 12.63x | $2.11 Million |
| 2008 | 12.71% | 14.55% | 0.07x | 12.68x | $2.25 Million |
| 2009 | 7.39% | 12.66% | 0.06x | 9.85x | $-2.91 Million |
| 2010 | 7.80% | 13.54% | 0.04x | 13.08x | $-2.47 Million |
| 2011 | 8.07% | 15.67% | 0.05x | 10.65x | $-2.72 Million |
| 2012 | 8.95% | 18.93% | 0.05x | 10.07x | $-1.64 Million |
| 2013 | 9.86% | 20.22% | 0.05x | 10.75x | $-216.10K |
| 2014 | 9.38% | 21.15% | 0.05x | 9.74x | $-1.03 Million |
| 2015 | 8.05% | 20.69% | 0.04x | 10.31x | $-3.99 Million |
| 2016 | 7.78% | 21.75% | 0.03x | 10.28x | $-6.23 Million |
| 2017 | 8.66% | 20.93% | 0.04x | 9.23x | $-4.11 Million |
| 2018 | 7.69% | 23.31% | 0.04x | 8.07x | $-10.99 Million |
| 2019 | 9.10% | 23.70% | 0.05x | 7.29x | $-4.72 Million |
| 2020 | 7.97% | 22.48% | 0.04x | 8.32x | $-11.55 Million |
| 2021 | 8.12% | 20.62% | 0.04x | 9.44x | $-11.90 Million |
| 2022 | 11.52% | 25.48% | 0.04x | 10.65x | $9.64 Million |
| 2023 | 8.69% | 22.97% | 0.04x | 9.56x | $-10.39 Million |
| 2024 | 9.32% | 17.64% | 0.06x | 8.88x | $-5.74 Million |
| 2025 | 9.57% | 19.69% | 0.06x | 8.31x | $-4.12 Million |
Industry Comparison
This section compares First Mid Illinois Bancshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $260,431,200
- Average return on equity (ROE) among peers: 10.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Mid Illinois Bancshares Inc (FMBH) | $958.69 Million | 11.22% | 7.31x | $1.06 Billion |
| Ameris Bancorp (ABCB) | $63.00 Million | 11.43% | 9.69x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $71.80 Million | 9.61% | 9.10x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $45.08 Million | 2.57% | 4.16x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $707.65 Million | 15.04% | 10.67x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $949.39 Million |
| Arrow Financial Corporation (AROW) | $334.39 Million | 12.21% | 10.03x | $598.55 Million |
| Associated Banc-Corp (ASB) | $138.60 Million | 13.85% | 12.49x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $115.24 Million | 4.87% | 11.62x | $62.60 Million |
About First Mid Illinois Bancshares Inc
First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural… Read more