FIG Partners Advised First Mid-Illinois In $73.8 Million Acquisition Of First BancTrust Corp.

FIG Has Now Completed 93 M&A Transactions Totaling More Than
$4.2 Billion In Transaction Value To Date

ATLANTA, December 12, 2017 — First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) has announced a definitive agreement to acquire all of the outstanding shares of First BancTrust Corporation (OTCQX:FIRT), the holding company for First Bank & Trust.

FIG Advised First Mid-Illinois In $73.8 Million AcquisitionFirst Bank shareholders will receive 0.80 shares of FMBH common stock and $5.00 in cash for each share of FIRT common stock. Based upon First Mid’s closing price of $38.67 on December 8, 2017, the aggregate transaction value is approximately $73.8 million.

First Bank is a $466 million asset financial services holding company headquartered in Champaign, IL. As of September 30, 2017, First Bank had total deposits and loans of approximately $378 million and $368 million, respectively. Matthew Carr, President of First Bank, will join First Mid in a leadership role after the transaction closed.

“The acquisition of First Bank deepens our presence in the attractive Champaign-Urbana market and provides expanded opportunities in adjacent counties,” said Joe Dively, Chairman and Chief Executive Officer of First Mid. “First Bank has a long history of providing excellent service with a community-minded focus. The merged organizations will be even stronger. Finally, I am very excited to have Matt Carr join our organization, with an expanded role while continuing to lead First Bank’s markets.”

The FIG team included Matthew Veneri, Managing Principal and Co-Head of Investment Banking, and Jason Werner, Vice President.

More information is available here.

Since 2003, FIG has been the trusted advisor to community banks and investors. To learn more about FIG’s investment banking services, visit www.figpartners.com.

The First Bancshares, Inc.FIG Advised Union Savings and Loan In Acquisition