FIG Partners Served As Lead Book Runner In $36 Million Stock Offering For First Mid-Illinois Bancshares, Inc.

FIG Has Raised $4.3 Billion In Equity Capital In 132 Offerings

ATLANTA, June 19, 2018 — First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH) has announced the pricing of an underwritten public offering of 947,368 shares of common stock at $38.00 per share for gross proceeds of approximately $36,000,000.

FIG Served As Lead Book Runner In $36 Million Stock Offering For First Mid-Illinois BancsharesFirst Mid-Illinois Bancshares, Inc. (First Mid) has granted the underwriters an option to purchase an additional 15% of shares of its common stock. First Mid intends to use the proceeds from the offering for general corporate purposes, including its previously announced proposed acquisition of SCB Bancorp, Inc.

The FIG team included Greg Gersack and Matthew Veneri, Managing Principals and Co-Heads of Investment Banking; Lozan Aleksandrov, Senior Vice President and Deputy Head of Capital Markets; 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.

FIG Advised Clover Community Bankshares, Inc. In $21.5 Million AcquisitionFIG Advised Citizens Community Bancorp, Inc. In $50.7 Million Acquisition Of United Bank