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Thursday, November 26, 2009, 5:30AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
First Midwest Bancorp Inc. (FMBI)On Nov 25: 10.35  Down 0.06 (0.58%)  
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First Midwest Bancorp Inc.
One Pierce Place
Suite 1500 PO Box 459
Itasca, IL 60143-9768
United States - Map
Phone: 630-875-7450
Fax: 630-875-7369
Web Site: http://www.firstmidwest.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:1,794

BUSINESS SUMMARY 
First Midwest Bancorp, Inc. operates as the holding company for First Midwest Bank, which provides commercial and retail banking, and financial services. It primarily engages in generating deposits and originating loans. The company offers demand deposits, savings deposits, NOW accounts, money market deposits, time deposits, brokered deposits, certificates of deposit, and retirement accounts. It also provides commercial and industrial loans; agricultural loans; commercial real estate loans consisting of loans for industrial buildings, office buildings, and retail shopping centers; residential land and development loans primarily for single-family and multi-family residential projects; loans for various types of other commercial properties, such as land for future commercial development, multi-unit residential mortgages, and hotels; and consumer loans, such as home equity. In addition, First Midwest Bancorp offers a range of financial products and services, including lending, depository, trust, investment management, insurance, cash management, safe deposit box, and other related financial services, as well as wealth management, investment, and retirement plan services. The company serves consumers; and commercial, industrial, and public and governmental customers. As of December 31, 2008, it operated 97 bank branches, an operational facility, and a lending office; and 129 automated teller machines located in various communities in northern Illinois and northwestern Indiana, primarily in the Chicago metropolitan suburban area. The company was founded in 1982 and is headquartered in Itasca, Illinois.
Key Statistics

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    CORPORATE GOVERNANCE 
    First Midwest Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 76.2% of S&P 600 companies and 95.2% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Michael L. Scudder , 48
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee and Group Exec. VP of First Midwest Bank
    $ 472.00K $ 50.00K
    Mr. Paul F. Clemens , 56
    Chief Financial Officer, Principal Accounting Officer and Exec. VP
    $ 262.00K $ 0
    Mr. Thomas J. Schwartz , 59
    Exec. VP, Director, Member of Exec. Committee, Chief Exec. Officer of First Midwest Bank, Pres of First Midwest Bank of First Midwest Bank
    $ 439.00K $ 0
    Ms. Janet M. Viano , 53
    Group Pres of Retail Banking - First Midwest Bank
    $ 224.00K $ 55.00K
    Mr. Victor P. Carapella , 59
    Exec. VP of the First Midwest Bank
    $ 269.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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