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Saturday, December 19, 2009, 2:44AM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Up 1.45%
Midwest Banc Holdings Inc. (MBHI)On Dec 18: 0.3922  Down 0.0478 (10.86%)  
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Midwest Banc Holdings Inc.
501 W North Avenue
Melrose Park, IL 60160
United States - Map
Phone: 708-865-1053
Fax: 708-865-7273
Web Site: http://www.midwestbank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Midwest Banks
Full Time Employees:420

BUSINESS SUMMARY 
Midwest Banc Holdings, Inc. operates as the holding company for Midwest Bank and Trust Company, which provides a range of retail and commercial banking products and services to individual and corporate customers in Chicago. It offers various deposit products, such as checking, money market, and savings accounts, as well as time deposits, including individual retirement accounts. The company’s loan portfolio comprises commercial and industrial loans to small to medium-sized businesses; construction loans for land development, and commercial and residential development and improvements; commercial real estate loans secured by the real estate, including farmland, multifamily residential properties, and other nonfarm-nonresidential properties; consumer real estate loans, including home equity lines of credit; and consumer loans, such as automobile financing. It also provides personal and corporate trust, employee benefit trust, and land trust services, as well as agency, custody, and escrow services. In addition, the company, through its subsidiary, Midwest Financial and Investment Services, Inc., operates as a broker-dealer that engages in general securities business in the Chicago metropolitan area, which includes the provision of insurance and investment-related services, including securities trading, financial planning, mutual funds sales, fixed and variable rate annuities, and tax-exempt and conventional unit trusts. As of December 31, 2008, it operated 27 full-service locations and 29 ATMs in the Chicago metropolitan area. The company was founded in 1959 and is headquartered in Melrose Park, Illinois.
Key Statistics

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    CORPORATE GOVERNANCE 
    Midwest Banc Holdings Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 97.1% of CGQ Universe companies and 92.3% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Ms. JoAnn Sannasardo Lilek , 53
    Chief Financial Officer, Exec. VP, Sec., Treasurer, Chief Financial Officer of Midwest Bank & Trust Company and Exec. VP of Midwest Bank & Trust Company
    $ 253.00K $ 0
    Mr. Jay J. Fritz CFP, 60
    Sr. Exec. VP
    $ 331.00K $ 0
    Mr. Sheldon Bernstein , 62
    Exec. VP of Midwest Bank & Trust Company
    $ 212.00K $ 0
    Mr. Roberto R. Herencia , 49
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Midwest Bank & Trust Co, Pres of Midwest Bank & Trust Co of Midwest Bank & Trust Co
    N/A N/A
    Mr. Dennis M. Motyka , 58
    Exec. VP of Midwest Bank & Trust Company of Midwest Financial & Investment Services Inc
    N/A N/A
    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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