FMBH · First Mid Bancshares, Inc. · Executive Compensation

$51.02 +0.17 (+0.33%) At close · Sep 11

Russell 2000 member Rebalance outlook locked

Market Cap

$1.36B

26.60M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph R. Dively	CEO	$543,400	—	$514,272	—	$1,019,364	$32,301	$2,109,337
Matthew K. Smith	President	$361,737	—	$192,852	—	$419,843	$35,806	$1,010,238
Michael L. Taylor	Sr Executive Vice President & Chief Operating Officer	$360,901	—	$149,996	—	$364,399	$34,106	$909,402
Jordan D. Read	Executive Vice President & Chief Financial & Risk Officer	$278,150	—	$149,996	—	$290,145	$58,191	$776,482
Eric S. McRae	Executive Vice President & Chief Lending Officer	$304,157	—	$149,996	—	$237,096	$40,865	$732,114

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph R. Dively	CEO	$540,700	—	$402,000	—	$628,659	$32,649	$1,604,008
Bradley L. Beesley	Executive Vice President & Chief Wealth Mgmt Officer	$213,207	—	$73,700	—	$463,936	$30,020	$780,863
Michael L. Taylor	Sr Executive Vice President & Chief Operating Officer	$350,527	—	$117,250	—	$234,788	$32,424	$734,989
Matthew K. Smith	Executive Vice President & Chief Financial Officer	$315,395	—	$117,250	—	$213,512	$34,334	$680,491
Eric S. McRae	Executive Vice President & Chief Lending Officer	$297,696	—	$117,250	—	$174,441	$37,475	$626,862

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph R. Dively	CEO	$520,000	—	$287,456	—	$346,112	$30,538	$1,184,106
Bradley L. Beesley	Executive Vice President & Chief Wealth Mgmt Officer	$205,006	—	$55,280	—	$339,275	$30,346	$629,907
Michael L. Taylor	Sr Executive Vice President & Chief Operating Officer	$340,000	—	$82,920	—	$128,928	$31,090	$582,938
Eric S. McRae	Executive Vice President & Chief Lending Officer	$290,000	—	$82,920	—	$95,600	$34,852	$503,372
Matthew K. Smith	Executive Vice President & Chief Financial Officer	$280,000	—	$82,920	—	$106,176	$31,651	$500,747

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph R. Dively	CEO	$517,164	—	$427,960	—	$562,588	$44,525	$1,552,237
Michael L. Taylor	Sr Executive Vice President & Chief Operating Officer	$338,617	—	$123,450	—	$209,984	$32,543	$704,594
Eric S. McRae	Executive Vice President & Chief Lending Officer	$289,105	—	$123,450	—	$241,280	$36,764	$690,599
Bradley L. Beesley	Executive Vice President & Chief Wealth Mgmt Officer	$197,309	—	$82,300	—	$372,520	$31,804	$683,933
Matthew K. Smith	Executive Vice President & Chief Financial Officer	$278,400	—	$123,450	—	$172,928	$31,045	$605,823

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph R. Dively	CEO	$493,220	—	$357,136	—	$802,222	$36,799	$1,689,377
Eric S. McRae	Executive Vice President & Chief Lending Officer	$281,601	—	$120,190	—	$442,558	$37,347	$881,696
Michael L. Taylor	Sr Executive Vice President & Chief Operating Officer	$326,211	—	$120,190	—	$363,228	$29,844	$839,473
Matthew K. Smith	Executive Vice President & Chief Financial Officer	$263,856	—	$120,190	—	$294,703	$29,817	$708,566
Bradley L. Beesley	Executive Vice President & Chief Wealth Mgmt Officer	$191,368	—	$68,680	—	$393,631	$30,405	$684,084

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph R. Dively	CEO	$490,537	—	$179,192	—	$313,209	$28,723	$1,011,661
Bradley L. Beesley	Executive Vice President & Chief Wealth Mgmt Officer	$192,224	—	$34,460	—	$293,045	$25,054	$544,783
Michael L. Taylor	Sr Executive Vice President & Chief Operating Officer	$323,008	—	$51,690	—	$107,776	$28,583	$511,057
Eric S. McRae	Executive Vice President & Chief Lending Officer	$286,718	—	$51,690	—	$104,041	$36,085	$478,534
Matthew K. Smith	Executive Vice President & Chief Financial Officer	$253,088	—	$60,305	—	$85,014	$27,186	$425,593

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph R. Dively Chairman	President & Chief Executive Officer Matthew K. Smith Executive Vice President & Chief Financial Officer	$444,877	—	$173,212	—	$239,328	$27,516	$884,933
Joseph R. Dively	CEO	$444,877	—	$173,212	—	$239,328	$27,516	$884,933
Michael L. Taylor	Sr Executive Vice President & Chief Operating Officer	$301,072	—	$83,275	—	$82,799	$28,701	$495,847
Bradley L. Beesley	Executive Vice President & Chief Wealth Mgmt Officer	$175,997	—	$33,310	—	$218,224	$25,541	$453,072
Eric S. McRae	Executive Vice President & Chief Credit Officer	$271,003	—	$49,965	—	$74,424	$33,036	$428,428
Matthew K. Smith	Executive Vice President & Chief Financial Officer	$226,178	—	$66,620	—	$62,289	$26,311	$381,398

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph R. Dively	CEO	$413,591	—	$319,144	—	$289,800	$30,645	$1,053,180
Joseph R. Dively Chairman	President & Chief Executive Officer Matthew K. Smith Executive Vice President & Chief Financial Officer	$413,591	—	$319,144	—	$289,800	$30,645	$1,053,180
Michael L. Taylor	Sr Executive Vice President & Chief Operating Officer	$287,348	—	$116,760	—	$106,297	$26,778	$537,183
Eric S. McRae	Executive Vice President & Chief Credit Officer	$260,580	—	$116,760	—	$96,464	$34,226	$508,030
Bradley L. Beesley	Executive Vice President & Chief Wealth Mgmt Officer	$167,493	—	$77,840	—	$206,278	$28,232	$479,843
Matthew K. Smith	Executive Vice President & Chief Financial Officer	$213,673	—	$77,840	—	$79,212	$24,734	$395,459

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph R. Dively Chairman	President & Chief Executive Officer Matthew K. Smith Executive Vice President & Chief Financial Officer	$375,049	—	$113,526	—	$189,172	$34,583	$712,330
Michael L. Taylor	Senior Executive Vice President & Chief Operating Officer	$277,038	—	$55,828	—	$97,679	$28,543	$459,088
Eric S. McRae	Executive Vice President & Chief Credit Officer	$250,203	—	$50,422	—	$88,217	$29,833	$418,675
Bradley L. Beesley	Executive Vice President & Chief Wealth Management Officer	$167,493	—	$21,794	—	$165,976	$28,015	$383,278

Executive changes

Person	Role	Change	Effective	Filed
Matthew K. Smith	Board of Directors	Appointed	2026-07-01	2026-04-29
Matthew K. Smith	Chief Executive Officer and President	Appointed	2026-07-01	2026-04-29
Alex Melvin	Class I director	Appointed	2025-11-18	2025-11-03
Jordan Read	Chief Financial Officer	Appointed	2025-06-30	2025-06-30
Matthew K. Smith	President	Appointed	2025-06-30	2025-06-30
Gisele A. Marcus	Director	Appointed	—	2025-05-06
James E. Zimmer	Director	Appointed	—	2025-05-06
Robert S. Cook	Director	Appointed	—	2025-05-06
Paul L. Palmby	Board of Directors	Appointed	2024-11-19	2024-11-01

Key facts CIK 700565 CUSIP 320866106 13F (30d) 53 filings 53 filers Visit website Investor relations