Parent Company Only Financial Statements (Tables)

12 Months Ended

Dec. 31, 2018

Condensed Financial Information Disclosure [Abstract]

Condensed balance sheets

First Mid-Illinois Bancshares, Inc. (Parent Company)
Balance Sheets	December 31,
	2018		2017
Assets
Cash	$	18,571	$	8,296
Premises and equipment, net	3,127		2,654
Investment in subsidiaries	498,544		328,830
Other assets	4,637		3,555
Total Assets	$	524,879	$	343,335
Liabilities and Stockholders’ equity
Liabilities
Debt	29,000		34,313
Other liabilities	20,015		1,058
Total Liabilities	49,015		35,371
Stockholders’ equity	475,864		307,964
Total Liabilities and Stockholders’ equity	$	524,879	$	343,335

Condensed statements of income

First Mid-Illinois Bancshares, Inc. (Parent Company)
Statements of Income and Comprehensive Income	Years ended December 31,
	2018			2017		2016
Income:
Dividends from subsidiaries	$	21,694		$	18,925	$	19,475
Other income	171			1,227		66
Total income	21,865			20,152		19,541
Operating expenses	5,424			3,902		3,491
Income before income taxes and equity in undistributed earnings of subsidiaries	16,441			16,250		16,050
Income tax benefit	1,274			864		1,073
Income before equity in undistributed earnings of subsidiaries	17,715			17,114		17,123
Equity in undistributed earnings of subsidiaries	18,885			9,570		4,717
Net income	36,600			26,684		21,840
Other comprehensive income (loss), net of taxes	(4,169		)	3,525		(6,484		)
Comprehensive income	$	32,431		$	30,209	$	15,356

Condensed statements of cash flows

First Mid-Illinois Bancshares, Inc. (Parent Company)
Statements of Cash Flows	Years ended December 31,
	2018			2017			2016
Cash flows from operating activities:
Net income	$	36,600		$	26,684		$	21,840
Adjustments to reconcile net income to net
cash provided by operating activities:
Depreciation, amortization, accretion, net	90			82			87
Dividends received from subsidiary	21,694			18,925			19,475
Equity in undistributed earnings of subsidiaries	(18,885		)	(9,570		)	(4,717		)
Increase in other assets	(1,645		)	(19,348		)	(111,379		)
Increase in other liabilities	79			733			153
Net cash provided by (used in) operating activities	37,933			17,506			(74,541		)
Cash flows from investing activities:
Investment in subsidiary	(13,430		)	—			(5,000		)
Net cash from business acquisition	(29,321		)	—			68,798
Net cash provided by (used in) investing activities	(42,751		)	—			63,798
Cash flows from financing activities:
Repayment of short-term debt	—			(4,000		)	(3,000		)
Proceeds from short-term debt	—			—			7,000
Repayment of long-term debt	(10,313		)	(3,750		)	(938		)
Proceeds from long-term debt	—			—			15,000
Proceeds from issuance of common stock	36,645			4,399			195
Payment to repurchase common stock	(138		)	(797		)	—
Direct expense related to capital transactions	(2,309		)	(216		)	(229		)
Dividends paid on preferred stock	—			—			(1,286		)
Dividends paid on common stock	(8,792		)	(7,228		)	(5,277		)
Net cash provided by (used in) financing activities	15,093			(11,592		)	11,465
Increase (decrease) in cash	10,275			5,914			722
Cash at beginning of year	8,296			2,382			1,660
Cash at end of year	$	18,571		$	8,296		$	2,382