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First Mid Bancshares, Inc. to Acquire Two Rivers Financial Group, Inc.

PUBLIC · FMBHOct 30, 2025

Acquiring Company

First Mid Bankshares

Acquired Company

Two Rivers Financial Group

IllinoisIowaFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceFintechLendingBanking

Description

On October 29, 2025, First Mid Bancshares, Inc. and its wholly-owned subsidiary, Star Sub LLC, entered into a Merger Agreement with Two Rivers Financial Group, Inc. As per the agreement, First Mid will acquire 100% of Two Rivers assets and merge it with its subsidiary. This merger positions First Mid for growth in the Iowa market. The separate existence of Two Rivers will cease following the merger.

Quick answer

First Mid Bankshares is acquiring Two Rivers Financial Group, announced October 30, 2025. First Mid Bankshares is based in Illinois, United States.

How much did First Mid Bankshares pay for Two Rivers Financial Group?
The deal value was not disclosed.
What does First Mid Bankshares do?
First Mid Bankshares, Inc. is a financial services holding company offering banking and related financial services.
Where are First Mid Bankshares and Two Rivers Financial Group based?
First Mid Bankshares is based in Illinois, United States. Two Rivers Financial Group is based in Iowa, United States.
Who are the decision-makers at First Mid Bankshares?
Fundz holds 3 contacts at First Mid Bankshares. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

First Mid Bankshares

Location

Illinois, United States

About

First Mid Bankshares, Inc. is a financial services holding company offering banking and related financial services. The company operates through various subsidiaries across the United States. Known for its community bank roots, First Mid focuses on personalized customer service and community involvement.

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Frequently asked

Who acquired Two Rivers Financial Group?

Two Rivers Financial Group was acquired by First Mid Bankshares, based in Illinois. The deal was reported on October 30, 2025. First Mid Bankshares, Inc. is a financial services holding company offering banking and related financial services. The company operates through various subsidiaries across the United States. First Mid Bankshares is publicly traded (FMBH) and operates in Financial Services.

When did First Mid Bankshares acquire Two Rivers Financial Group?

First Mid Bankshares's acquisition of Two Rivers Financial Group was reported on October 30, 2025. On October 29, 2025, First Mid Bancshares, Inc. and its wholly-owned subsidiary, Star Sub LLC, entered into a Merger Agreement with Two Rivers Financial Group, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Two Rivers Financial Group do?

Two Rivers Financial Group, Inc. is a financial services company based in Iowa. The company offers a variety of financial products and services, serving both individual and business clients. It is privately held, operating in Financial Services, and is based in Iowa.

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