Midwest Banc Holdings, Inc. is a bank holding company operating in the greater Chicago metropolitan area. In early November, Midwest announced that it would participate in the Treasury Department’s Capital Purchase Program, and that it would sell $85.5 million of preferred stock to the Treasury.
Midwest was one of a handful of U.S. banks to hold a relatively large share of Fannie Mae and Freddie Mac equity, and thus was hurt, to an extent, by the government takeover of the two companies.
Financial Documents | Federal contracts | Lobbying reports
Political Contributions | Related Articles | Bank Bio Chart
11-12-08 Midwest Banc Holdings Latest Proxy
11-10-2008 Midwest Banc Form 10-Q
11-03-08 Midwest Banc Holdings, Inc. Reports Q3 Results
3-14-2008 Midwest Banc Form 10-K
12-31-2007 Midwest Banc Annual Report
No federal contracts found
Center for Responsive Politics (Last Accessed 11/18/08).
November 12, 2008 Bank gets federal bailout funds (Pioneer Local)
November 3, 2008 Midwest Banc to Receive $85.5 Million Through U.S. Treasury's TARP Capital Purchase Program (press release)
November 3, 2008 Midwest Banc gets capital infusion under TARP (Reuters)
November 3, 2008 Midwest Banc Holdings, Inc. Reports Q3 Results (Reuters)
September 8, 2008 Ten Banks That Will Be Hurt by the Takeover of Fannie and Freddie (Seeking Alpha)
September 8, 2008 Fannie-Freddie Fallout Will Hit Gateway Financial and Midwest Banc (Seeking Alpha)
Bailout Bank Bio: Midwest Banc Holdings Inc
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Federal Equity Investment |
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Total Revenue |
$209.35 million (2007) |
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Net Income |
$18.58 million (2007) |
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Number of Employees |
539 |
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Corporate Headquarters |
Melrose Park, Illinois |
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Business Sector |
Banking |
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Officers and Directors |
James J. Giancola, President, Chief Executive Officer, Director |
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Corporate Website |
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Executive Compensation |
Last Updated November 18, 2008
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