First Mid Bancshares names Matt Smith CEO as part of planned succession

First Mid Bancshares (FMBH) announced a leadership transition as part of its long-term, board-led succession planning process. Effective July 1, Matthew Smith, President, will become CEO and President of First Mid and its subsidiary, First Mid Bank & Trust, N.A., and will be appointed to the company’s Board of Directors. Joseph Dively, Chairman and CEO, will transition to Executive Chairman of the Board. Smith joined First Mid in 2016 as CFO and was named President in June 2025. Dively has served as Chairman and CEO of First Mid Bancshares, Inc. since January 1, 2014, and has been a Director since 2004.