• First Mid Bancshares will acquire Evergreen Bancshares in a transaction valued at approximately $70.7 million.
• Evergreen shareholders will receive 0.4081 First Mid shares and $5.20 cash for each share held.
• Closing is targeted for the first quarter of 2027, subject to regulatory and Evergreen shareholder approvals.
• The acquisition will expand the buyer's St. Louis presence while adding a full-service Indianapolis-area branch.
• The deal is projected to increase 2028 earnings per share by approximately 5%, including the modeled Durbin impact.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Mid Bancshares Inc. published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.