Our records indicate that this bank has been acquired by
Old National Bank.
First Midwest Bank is an FDIC insured institution headquartered at
8750 W Bryn Mawr Ave, Chicago, IL 60631.
It was founded in
1933 and has approximately $22 billion in
assets. Customers can open an account at one of its 0 branches.
Access up to 90% of your home's equity, up to a maximum of $500,000.
FIXLINE: The flexibility of a HELOC with the stability of a HELOAN.
A fixed rate for life- no need to worry about fluctuating rates.
We make it easy - and fast - to access your cash (as little as 11 days).
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2024
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 3709
Date Established
1933
Assets
$ 21.62 billion
Loans
$ 14.50 billion
Deposits
$ 17.58 billion
Capital
$ 2.48 billion
Summary Balance Sheet as of March 31, 2024
ASSETS
Cash & Balances due from depository institutions
$ 2.12 billion
Interest-bearing balances
$ 1,898.87 million
Total securities
$ 3.19 billion
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 14.50 billion
Loan loss allowance
$ 201.24 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
$ 5.20 million
Goodwill and other intangibles
$ 883.93 million
All other assets
$ 817.69 million
Total Assets
$ 19.15 billion
LIABILITIES
Total deposits
$ 17.58 billion
Interest-bearing deposits
$ 11.13 billion
Deposits held in domestic offices
$ 17.58 billion
% insured (estimated)
55.35%
Federal funds purchased and repurchase agreements
$ 141.29 million
Trading liabilities
N.A.
Other borrowed funds
$ 1,150.53 million
Subordinated debt
N.A.
All other liabilities
$ 279.94 millionn
Total Liabilities
$ 19.15 billion
Shareholders’ Equity
$ 2.47 billion
Summary Income Statement as of March 31, 2024
INCOME AND EXPENSES
Total Interest Income
$ 603.90 million
Total Interest Expense
$ 24.65 million
Net interest income
$ 579.25 million
Provision for loan and lease losses
$ 3.17 million
Total non interest income
$ 178.96 million
Total non interest expense
$ 439.41 million
Pre-tax Net Operating Income
$ 315.62 million
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