TITLE

Midwest Warns on Capital, Seeks Funds

AUTHOR(S)
Fajt, Marissa
PUB. DATE
January 2010
SOURCE
American Banker;1/11/2010, Vol. 175 Issue 5, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the financial performance of Midwest Banc Holdings Inc. Midwest Banc has announced that its subsidiary bank will continue to experience declining credit quality in the fourth quarter of the 2009 fiscal year. Also, Midwest Banc's subsidiary's capital ratios will drop to undercapitalized.
ACCESSION #
47419837

 

Related Articles

  • FABULOUS ON THE FUNDAMENTALS. Engen, John // U.S. Banker;Jan2006, Vol. 116 Issue 1, p30 

    The article presents the top performers in the banking industry for the first three quarters of 2005 in the U.S. Umpqua Holdings Corp. was considered as the top retail bank. It has earned its record through edgy marketing. Century City, California-based First Regional Bancorp also generated...

  • Costs Spike for 3 in Chicago. Jackson, Ben // American Banker;4/26/2007, Vol. 172 Issue 80, p20 

    The article discusses the first-quarter, 2007 earnings reports of three Chicago, Illinois-area banks. Taylor Capital Group, Midwest Banc Holdings Inc. said their first-quarter earnings fell because of worsening credit quality and higher expenses. First Midwest Bancorp posted strong earnings...

  • Community Banks Make Business Loan Gains. Reosti, John; Thompson Osuri, Laura; Jackson, Ben; Kuehner-Hebert, Katie // American Banker;1/31/2005, Vol. 170 Issue 20, p1 

    Focuses on community banks, the demand for commercial and industrial loans, and the competition for small-business loans. Factors contributing to fourth-quarter profits and losses; Challenge in funding loan growth with deposits; Examples of financial performance or loan growth at CoBiz Inc.,...

  • Midwest of Ill. Stung By Problem Borrower. Jackson, Ben // American Banker;1/22/2007, Vol. 172 Issue 14, p6 

    The author reports that continuing problems collecting from a single borrower would reduce the fourth quarter net income of Midwest Banc Holdings Inc. by $4 million or 16 cents per diluted share. Total nonaccrual loans relating to this borrower, who has not been identified, stood at $25.8...

  • SOCRECARD.  // Crain's Chicago Business;9/22/2008, Vol. 31 Issue 38, p4 

    Several charts are presented depicting the financial performance of various companies including Midwest Banc Holdings, Private Bancorp, and CME Group.

  • Urban Parent's Refocus Freeing a Farm Lender. Jackson, Ben // American Banker;6/6/2005, Vol. 170 Issue 107, p4 

    Announces that Midwest Bank of Western Illinois, formerly National Bank of Monmouth, is regaining its independence from Midwest Banc Holdings Inc. How an investment group led by the bank's management will purchase the bank from the holding company; Benefits of the deal for Midwest Bank, which...

  • Midwest Banc Holdings, CoVest Kill Deal. Jackson, Ben // American Banker;7/2/2003, Vol. 168 Issue 126, p20 

    Midwest Banc Holdings Inc. and CoVest Bancshares have called off a merger that had already been delayed once, saying they could not settle on the terms of a second extension, as of July 2003. The Illinois companies had announced the original deal in November 2002. It called for the $2.2...

  • Illinois Bank's Growth Story Hits a GSE Wall. Barba, Robert // American Banker;10/9/2008, Vol. 173 Issue 196, p1 

    The article reports that Midwest Banc Holdings Inc., a quickly growing bank in Illinois, is facing financial trouble in October, 2008. The company had invested in Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSE) that were taken over in a conservatoriship by the U.S....

  • Midwest Acts to Counter GSE Damage. Barba, Robert // American Banker;9/17/2008, Vol. 173 Issue 180, p20 

    The article reports on a September 16, 2008 announcement from Midwest Banc Holdings Inc. of Melrose Park, Illinois. In the announcement the company indicated that it intends to raise up to $125 million through a preferred stock offering to offset losses from investments it had made in Fannie Mae...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics