UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):
JULY 24, 2002
FIRST MID-ILLINOIS BANCSHARES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE
(STATE OR OTHER JURISDICTION OF INCORPORATION)
0-13368 37-1103704
(COMMISSION FILE NUMBER) (IRS EMPLOYER IDENTIFICATION NO.)
1515 CHARLESTON AVENUE, MATTOON, IL 61938
(ADDRESS INCLUDING ZIP CODE OF PRINCIPAL EXECUTIVE OFFICES)
(217) 234-7454
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
Item 5. Other Events
Incorporated by reference is a press release issued by the Registrant on July
24, 2002, attached as Exhibit 99, providing information concerning the
Registrant's announcement regarding the plans of First Mid-Illinois Bank &
Trust, N.A., the wholly-owned subsidiary bank of the Registrant (the "Bank") to
open new banking centers in Champaign and Maryville, Illinois which are subject
to regulatory approval.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99 - Press release issued July 24, 2002
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has dully caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
FIRST MID-ILLINOIS BANCSHARES, INC.
Dated: July 24, 2002 By:________________________________
William S. Rowland
President and Chief
Executive Officer
EXHIBIT INDEX
Exhibit
Number Description
99 Press release issued July 24, 2002
Exhibit 99
NEWS
Date: July 24, 2002
For Immediate Release
Contact: William S. Rowland
Chairman & CEO
217/258-0415
FIRST MID TO OPEN TWO NEW BANKING CENTERS
First Mid-Illinois Bank & Trust, with total assets of $700 million and 22
locations across Illinois, has announced plans to open two new banking centers.
One will be in Champaign, located on South Neil Street in the Shoppes of
Knollwood. The second will be in Maryville, which is just east of St. Louis
between Collinsville and Edwardsville.
According to William S. Rowland, Chairman and CEO of First Mid-Illinois Bank &
Trust, "We chose these locations for new banking centers based on the growth of
these markets and as a strategic opportunity to expand the geographic area we
serve. We have studied the demographics of both Champaign/Urbana and the metro
east area of St. Louis and believe that we can be successful. We have operated
in Urbana for some time now, and our presence in Highland, which is not far from
Maryville, has proven very successful."
Mr. Rowland added: "Our Board of Directors is very interested in having us
remain an independent company. We have added numerous products and services in
recent years, expanded the area in which we do business, and at the same time
maintained a consistent record of profitability and high quality service. We
believe these new locations will provide added convenience for our customers,
and at the same time provide a new dimension of growth opportunities for our
company. Subject to receiving regulatory approval, we plan to open both of the
new banking centers later this year."
First Mid-Illinois Bank & Trust, originally chartered as the 24th U.S. National
Bank in 1865, has assets in excess of $700 million and manages an additional
$300 million in assets through its Trust & Financial Services division. First
Mid operates banking centers in fifteen communities, including: Urbana,
Monticello, Tuscola, Arcola, Mattoon, Charleston, Effingham, Neoga, Altamont,
Sullivan, De Land, Decatur, Taylorville, Pocahontas, and Highland. More
information about First Mid-Illinois Bank & Trust is available at
www.firstmid.com.