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):
JANUARY 24, 2001
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
January 25, 2001, attached as Exhibit 99, providing information concerning the
Registrant's announcement that it entered into a definitive agreement that
provides for the acquisition by First Mid-Illinois Bank & Trust, N.A. (the
"Bank"), a wholly-owned subsidiary bank of the Registrant, of American Bank of
Illinois (the "Target"). Under the terms of this agreement, the Bank will
purchase all of the issued and outstanding stock of the Target from Community
Financial Corp for cash. The consummation of the transactions contemplated by
this agreement is subject to the receipt of required regulatory approvals.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99 - Press release issued January 25, 2001
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: January 26, 2001 By: /s/ William S. Rowland
---------------------------
William S. Rowland
President and Chief
Executive Officer
EXHIBIT INDEX
Exhibit
NUMBER DESCRIPTION
99 Press release issued January 25, 2001
Exhibit 99
NEWS
Date: January 24, 2001
For Immediate Release
Contact: William S. Rowland,
Chairman & CEO
(217) 258-0415
FIRST MID-ILLINOIS TO ACQUIRE
AMERICAN BANK OF ILLINOIS
First Mid-Illinois Bank & Trust announced today that it has reached
agreement to acquire American Bank of Illinois, a $33 million bank with offices
in Highland and Pocahontas, Illinois.
William S. Rowland, Chairman of First Mid-Illinois Bank & Trust, said,
"We are pleased to be able to add Highland and Pocahontas to the growing list
of communities we serve. First Mid-Illinois operates with a community banking
philosophy where decisions are made at the local level. Throughout our
markets, we are an active partner in the communities we serve."
Karl D. Tauber, President of American Bank, added, "We are pleased to be
joining the First Mid-Illinois family. They have a wide array of products and
services, convenient and easy to use technology and a record of community
involvement which dates back to 1865 - when the Bank was first chartered. This
will be very positive for our customers, our employees, as well as for the
Highland and Pocahontas communities."
The agreement is subject to regulatory approval and the transaction is
expected to be completed in early spring 2001. As a result of the transaction,
American's customers will become customers of First Mid-Illinois Bank & Trust.
Rowland added, "We are excited about this opportunity and plan to make
the transition smooth by communicating well in advance with customers. We
offer a full range of competitively priced banking services and in a manner
which is convenient to the customer. Our mission is to offer banking services
which exceed customers' expectations and we recognize the importance of making
new customers feel comfortable with First Mid-Illinois."
First Mid-Illinois Bank & Trust, headquartered in Mattoon, Illinois, is a
subsidiary of First Mid-Illinois Bancshares, Inc. and has total assets of $640
million. In addition, First Mid-Illinois operates 20 banking centers and 25
ATMs. Banking services and information about First Mid-Illinois may also be
accessed via the internet at WWW.FIRSTMID.COM.