Business Context and Reporting Period
Company: FIRST MID BANCSHARES, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: April 4, 2025
Reporting Period: Event date of April 4, 2025
The Company entered into a Ninth Amendment to its Sixth Amended and Restated Credit Agreement with The Northern Trust Company.
Key Financial Metrics
This filing does not contain periodic financial statements (e.g., revenue, profit, cash flow, or margins). The only financial metric disclosed relates to the credit facility:
- Revolving Loan Amount: $15 million
- Original Maturity Date: April 4, 2025
- New Maturity Date: April 3, 2026
Material Changes
The primary material change is the extension of the maturity date for the Company's $15 million revolving loan by one year. No other material changes to financial position or operations are disclosed in this report.
Guidance, Outlook, and Risks
Management Commentary: The filing provides no forward-looking guidance, outlook, or management commentary beyond the description of the loan amendment.
Risks and Contingencies: No specific risks or contingencies are detailed in this report. The description of the Amendment is qualified by reference to the full text of the agreement filed as Exhibit 10.1.
Investor Verification Checklist
- Verify the terms of the Ninth Amendment to the Credit Agreement in Exhibit 10.1.
- Confirm the interest rate and fees associated with the extended $15 million revolving loan.
- Review the Company's most recent 10-Q or 10-K for current liquidity positions and debt covenants.