0001171843-23-002797.txt : 20230503 0001171843-23-002797.hdr.sgml : 20230503 20230503135413 ACCESSION NUMBER: 0001171843-23-002797 CONFORMED SUBMISSION TYPE: 425 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230503 DATE AS OF CHANGE: 20230503 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BLACKHAWK BANCORP INC CENTRAL INDEX KEY: 0000857853 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 391659424 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 425 SEC ACT: 1934 Act SEC FILE NUMBER: 000-18599 FILM NUMBER: 23882987 BUSINESS ADDRESS: STREET 1: 400 BROAD ST CITY: BELOIT STATE: WI ZIP: 53511 BUSINESS PHONE: 6083648911 MAIL ADDRESS: STREET 1: 400 BROAD STREET STREET 2: PO BOX 719 CITY: BELOIT STATE: WI ZIP: 53511 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST MID BANCSHARES, INC. CENTRAL INDEX KEY: 0000700565 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 371103704 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 425 BUSINESS ADDRESS: STREET 1: 1515 CHARLESTON AVE STREET 2: PO BOX 499 CITY: MATTOON STATE: IL ZIP: 61938 BUSINESS PHONE: 2172347454 MAIL ADDRESS: STREET 1: 1515 CHARLESTON AVENUE STREET 2: PO BOX 499 CITY: MATTOON STATE: IL ZIP: 61938 FORMER COMPANY: FORMER CONFORMED NAME: FIRST MID ILLINOIS BANCSHARES INC DATE OF NAME CHANGE: 20040326 FORMER COMPANY: FORMER CONFORMED NAME: FIRST-MID ILLINOIS BANCSHARES INC DATE OF NAME CHANGE: 19920703 425 1 f425_050323.htm 425

Blackhawk Bank Team —

Since the initial announcement of our merger, we have thoroughly enjoyed getting to know the Blackhawk organization and its employees. We look forward to continuing those conversations as we continue to move through the process to combine Blackhawk and First Mid.

When we met, we promised to communicate as early and often as possible. In that spirit, here are some important organizational updates and appointments for you.

At the time of the transaction closing, and subject to and in accordance with First Mid’s bylaws, First Mid’s Board of Directors will vote to approve Todd James as a Director of First Mid effective immediately following the closing of the transaction. Todd's extensive expertise and experience will be invaluable to our organization, and we believe he will contribute significantly to the Company's continued growth and success.

Post-closing, Dave Adkins will be appointed to the First Mid Executive Committee. He will serve as the voice for the new Northern market between closing and conversion. Although Dave has communicated his intention to retire at year-end, his guidance and support for ensuring a successful transition of employees, communities, and customers will be vital.

Around the time of transaction closing, Andy Williams will be named Regional President. Andy will lead lending, production, and growth efforts for the Northern market. His leadership and experience in the industry and familiarity with the community will be a great asset to our team, and we look forward to working with him.

Phyllis Oldenburg has been named as the lead Blackhawk executive for the upcoming conversion effort. Phyllis is an integral part of the team, and her knowledge and proficiency in IT and Operations will be critical as we navigate through the conversion process.

We appreciate your continued hard work and dedication toward our combined commitment to our customers and communities. Please join me in congratulating our colleagues on their appointments. I am confident they will all make significant contributions to our team and ensure a smooth transition.

Joe Dively

Chairman and CEO