Parent Company Only Financial Statements (Notes)

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Parent Company Only Financial Statements

Parent Company Only Financial Statements

Presented below are condensed balance sheets, statements of income and cash flows for the Company (in thousands):

First Mid-Illinois Bancshares, Inc. (Parent Company)
Balance Sheets	December 31,
	2016		2015
Assets
Cash	$	2,382	$	1,660
Premises and equipment, net	2,648		2,713
Investment in subsidiaries	315,752		222,116
Other assets	2,982		950
Total Assets	$	323,764	$	227,439
Liabilities and Stockholders’ equity
Liabilities
Dividends payable	$	—	$	550
Debt	41,979		20,620
Other liabilities	1,112		1,260
Total Liabilities	43,091		22,430
Stockholders’ equity	280,673		205,009
Total Liabilities and Stockholders’ equity	$	323,764	$	227,439

First Mid-Illinois Bancshares, Inc. (Parent Company)
Statements of Income and Comprehensive Income	Years ended December 31,
	2016			2015		2014
Income:
Dividends from subsidiaries	$	19,475		$	6,094	$	7,900
Other income	66			66		65
Total income	19,541			6,160		7,965
Operating expenses	3,491			2,556		2,425
Income before income taxes and equity in undistributed earnings of subsidiaries	16,050			3,604		5,540
Income tax benefit	1,073			974		948
Income before equity in undistributed earnings of subsidiaries	17,123			4,578		6,488
Equity in undistributed earnings of subsidiaries	4,717			11,934		8,973
Net income	21,840			16,512		15,461
Other comprehensive income (loss), net of taxes	(6,484		)	1,598		7,505
Comprehensive income	$	15,356		$	18,110	$	22,966

First Mid-Illinois Bancshares, Inc. (Parent Company)
Statements of Cash Flows	Years ended December 31,
	2016			2015			2014
Cash flows from operating activities:
Net income	$	21,840		$	16,512		$	15,461
Adjustments to reconcile net income to net
cash provided by operating activities:
Depreciation, amortization, accretion, net	87			87			110
Dividends received from subsidiary	19,475			6,094			7,900
Equity in undistributed earnings of subsidiaries	(4,717		)	(11,934		)	(8,973		)
Increase in other assets	(111,379		)	(4,707		)	(7,412		)
Increase in other liabilities	153			37			260
Net cash provided by (used in) operating activities	(74,541		)	6,089			7,346
Cash flows from investing activities:
Investment in subsidiary	(5,000		)	(27,825		)	—
Net cash from business acquisition	68,798			—			—
Net cash provided by (used in) investing activities	63,798			(27,825		)	—
Cash flows from financing activities:
Repayment of short-term debt	(3,000		)	—			—
Proceeds from short-term debt	7,000			—			—
Repayment of long-term debt	(938		)	—			—
Proceeds from long-term debt	15,000			—			—
Conversion of preferred stock to shares of common stock	(27,500		)	—			(24,635		)
Proceeds from issuance of common stock	27,695			28,222			25,123
Direct expense related to capital transactions	(229		)	—			—
Purchase of treasury stock	—			(1,066		)	(1,763		)
Dividends paid on preferred stock	(1,286		)	(2,002		)	(4,339		)
Dividends paid on common stock	(5,277		)	(3,487		)	(2,648		)
Net cash provided by (used in) financing activities	11,465			21,667			(8,262		)
Increase (decrease) in cash	722			(69		)	(916		)
Cash at beginning of year	1,660			1,729			2,645
Cash at end of year	$	2,382		$	1,660		$	1,729