First Midwest Bank began in Joliet, Illinois and continues to serve the southern Chicago suburbs and the Quad Cities area. Their participation in the Treasury Department’s Capital Purchase Program came soon after the bank announced weak 3^rd quarter financials in late October. As with many local banks, First Midwest reported problems due to the weakening economy and struggling housing markets. According to President and CEO Michael L. Scudder, “Performance for the quarter, while solid, reflected the impact of a fading economic environment, significantly weakened housing sector, and erratic financial markets.”

11-13-2008 First MIdwest Bank Corp Financial Presentation

11-10-08 First Midwest Bancorp 10-Q

10-22-2008 First Midwest Bank Corp 8K

4-4-2008 2007 First Midwest Bank Corp Annual Report and Form 10K

4-4-2208 First Midwest Bank Corp 2008 Proxy Statement

No federal contracts found

►Lobbying reports (if any)

►Political Contributions

Center for Responsive Politics (last accessed 11/17/08)

►Related Articles

November 10, 2008 First Midwest Bancorp, Inc. Announces Capital Purchase Program Preliminary Approval (CNNMoney.com)

October 22, 2008 First Midwest Bancorp, Inc. Announces 2008 Third Quarter Results (MarketWatch)

October 22, 2008 Transcript – First Midwest Bancorp Incorporated, Q3 2008 Earnings Conference Call (Seeking Alpha)

October 22, 2008  Wintrust, First Midwest stocks under pressure (Chicago Tribune)

Ocotber 4, 2008 First Midwest Bank's Investment Grade Ratings Reaffirmed by Standard & Poor's (PR-Canada.net)

Bailout Bank Bio: First Midwest Bancorp

 Last Updated November 17, 2008