Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Midwest Bank Partners With 101.9 THE MIX to Honor Women-Owned Businesses
First Midwest Bancorp, Inc.March 15, 2021 GMT
CHICAGO, March 15, 2021 (GLOBE NEWSWIRE) For the second straight year, First Midwest Bank has joined forces with 101.9 THE MIX to celebrate and recognize women-owned businesses through its Inspiring Women in Business contest. The grand prize winner will be awarded $5,000 for her business and another $5,000 to donate to a local non-profit organization.
“While the last year has been incredibly challenging for all small business owners, many studies show that the pandemic has disproportionally impacted the health of women-owned businesses,” said Cheri Rubocki, Director of Branch Banking at First Midwest Bank. “We are proud to partner with THE MIX again to recognize and reward the contributions and resiliency of female entrepreneurs, and we hope they inspire
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Interest income and yields on tax-exempt securities and loans are presented on a tax-equivalent basis, assuming a federal income tax of 21%. The corresponding income tax impact related to tax-exempt items is recorded in income tax expense. These adjustments have no impact on net income. See the Non-GAAP Financial Information section presented later in this release for a discussion of this non-GAAP financial measure.
Net interest income for the fourth quarter of 2020 increased by 3.8% from the third quarter of 2020 and was consistent with the fourth quarter of 2019. Net interest income compared to both prior periods was impacted by an increase in interest income and fees on PPP loans and lower cost of funds, partially offset by lower yields on loans and securities. Compared to the fourth quarter of 2019, net interest income was also impacted by growth in loans and securities as well as the acquisition of interest-earning assets from the Park Bank transaction that closed in the
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Midwest Provides Nearly $500,000 in Grants and Donations to Support Local Communities
First Midwest Bancorp, Inc.January 25, 2021 GMT
CHICAGO, Jan. 25, 2021 (GLOBE NEWSWIRE) First Midwest Bank today announced it awarded $250,000 in grants to more than 80 local non-profit organizations through its charitable foundation. These donations are part of First Midwest’s broader $2.5 million philanthropic commitment to its communities announced last year. Since March 2020, the foundation has provided more than $750,000 to local United Way COVID-19 emergency response funds and awarded $500,000 in grants to local non-profit organizations.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Midwest Bancorp, Inc. Announces Schedule for 2020 Fourth Quarter and Full Year Earnings .
First Midwest Bancorp, Inc.January 7, 2021 GMT
CHICAGO, Jan. 07, 2021 (GLOBE NEWSWIRE) First Midwest Bancorp, Inc. (“the Company”), the holding company of First Midwest Bank, today announced the following schedule and contact information for its 2020 fourth quarter and full year earnings release and conference call:
Earnings Release: Tuesday, January 26, 2021, after the market close, by GlobeNewswire distribution and the Company’s website at
investor.firstmidwest.com.
Conference Call: Wednesday, January 27, 2021, at 11:00 A.M. ET. Listen-only mode, via telephone and Internet broadcast on the Company’s website at
First Midwest Bancorp, Inc. Announces Schedule for 2020 Fourth Quarter and Full Year Earnings Release and Conference Call First Midwest Bancorp, Inc. Chicago, Illinois, UNITED STATES
CHICAGO, Jan. 07, 2021 (GLOBE NEWSWIRE) First Midwest Bancorp, Inc. (“the Company”), the holding company of First Midwest Bank, today announced the following schedule and contact information for its 2020 fourth quarter and full year earnings release and conference call:
Earnings Release: Tuesday, January 26, 2021, after the market close, by GlobeNewswire distribution and the Company’s website at
investor.firstmidwest.com.
Conference Call: Wednesday, January 27, 2021, at 11:00 A.M. ET. Listen-only mode, via telephone and Internet broadcast on the Company’s website at