First Midwest Bank

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.

Deposit Rates - March 29, 2024

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 June 30, 2023

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 June 30, 2023

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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