First Mid Illinois Bancshares Inc (FMBH): Gary W Melvin , director of First Mid Illinois Bancshares Inc purchased 9,869 shares on Sep 12, 2016. The Insider buying transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $25.70 per share for a total value of $253,633.30 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 21, 2016, William S Rowland (director) sold 1,000 shares at $24.75 per share price.On May 16, 2016, Joseph R Dively (CEO) purchased 329 shares at $25.11 per share price.Also, On May 16, 2016, Eric S Mcrae (Executive Vice President) purchased 74 shares at $25.11 per share price.On May 16, 2016, James Edwin Zimmer (director) purchased 408 shares at $25.11 per share price.
First Mid-Illinois Bancshares Inc. is a financial holding company. The Company operates in three primary lines of business: community banking and wealth management through its wholly owned subsidiary First Mid-Illinois Bank & Trust N.A. and insurance brokerage through another wholly owned subsidiary The Checkley Agency Inc. doing business as First Mid Insurance Group. Within the community banking line the Company serves commercial retail and agricultural customers with deposit and loan related products. The wealth management line provides estate planning investment and farm management services for individuals and employee benefit services for business enterprises. The insurance brokerage line provides commercial lines insurance to businesses as well as homeowner automobile and other types of personal lines insurance to individuals.