Local bank informs customers it’s going to be sold

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Lang
12/19/25

A local bank has informed its customers that it’s being sold.

Two Rivers Bank & Trust notified customers on Thursday that it was being acquired by First Mid Bancshares, Inc., which is a holding company for First Mid Bank & Trust.

Two Rivers says the purchase will allow the company to serve an expanded geographic area and provide more lending solutions and a wider range of products and services for its customers.

First Mid Bank & Trust currently has dozens of branches in Illinois, Wisconsin and Missouri.

The purchase is expected to be approved by various government agencies early next year. In the meantime, Two Rivers says operations will continue as normal at its various locations, including Ridgeway Drive in Coralville.