First Midwest Bank Mortgage Rates, Fees & Info

Chicago, IL

LEI: KV8W1JTB8FZ821S5ED75

Tax ID: 36-1495255

5 stars - out of 5 stars, based on 83 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

First Midwest Bank is a small bank specializing in Refi and Home Purchase loans. First Midwest Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Chicago, Milwaukee, Denver, Miami, and Minneapolis among others. First Midwest Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. First Midwest Bank is typically an average fee lendor.


Originations

6,828

Origination Dollar Volume (All Markets)

$2,273,240,000

Employee count

1,886 Show all (22) awards

Relative Rate

First Midwest Bank's average 30 year fixed rate mortgage of loans were 3.03%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.12%.

Relative Fees

First Midwest Bank's average total fees for a 30 year fixed rate mortgage are $3,913.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5,033 $1,427,655,000 $283,659 $3,359 3.03%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 217 $168,045,000 $774,401 $3,034 3.23%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 111 $75,595,000 $681,036 $4,219 2.89%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 80 $47,800,000 $597,500 $5,103 2.82%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 7 $32,775,000 $4,682,143 $4,817 3.24%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 60 $29,610,000 $493,500 $3,922 2.88%
COLUMBUS, OH (FHA|USDA|VA) 1 $26,135,000 $26,135,000 $0 3.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 47 $21,705,000 $461,809 $4,567 2.82%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 146 $20,480,000 $140,274 $2,811 3.06%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 2 $19,400,000 $9,700,000 $2,708 3.13%
MADISON, WI (FHA|USDA|VA) 12 $18,560,000 $1,546,667 $3,313 2.84%
KANSAS CITY, MO-KS (FHA|USDA|VA) 69 $18,475,000 $267,754 $2,667 2.70%
Outside of Metro Areas 54 $15,840,000 $293,333 $3,243 3.00%
Whitewater, WI (FHA|USDA|VA) 31 $12,675,000 $408,871 $3,212 2.83%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 18 $12,430,000 $690,556 $6,453 2.85%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 24 $12,160,000 $506,667 $5,549 2.88%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 25 $12,135,000 $485,400 $4,585 2.95%
RACINE, WI (FHA|USDA|VA) 8 $11,950,000 $1,493,750 $3,332 3.27%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 31 $11,755,000 $379,194 $3,583 2.58%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 25 $11,135,000 $445,400 $4,889 2.96%
Ottawa, IL (FHA|USDA|VA) 78 $10,510,000 $134,744 $2,690 3.06%
BLOOMINGTON, IL (FHA|USDA|VA) 7 $10,125,000 $1,446,429 $2,750 3.22%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 29 $9,845,000 $339,483 $2,846 2.63%
Beaver Dam, WI (FHA|USDA|VA) 2 $9,170,000 $4,585,000 $0 3.25%
SAGINAW, MI (FHA|USDA|VA) 1 $9,005,000 $9,005,000 $0 2.09%
JACKSONVILLE, FL (FHA|USDA|VA) 27 $8,705,000 $322,407 $3,498 2.97%
DECATUR, IL (FHA|USDA|VA) 2 $8,340,000 $4,170,000 $2,099 2.49%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 22 $6,650,000 $302,273 $2,647 2.77%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $4,960,000 $2,480,000 $0 3.37%
PORT ST. LUCIE, FL (FHA|USDA|VA) 11 $4,745,000 $431,364 $4,713 2.80%
COLORADO SPRINGS, CO (FHA|USDA|VA) 9 $4,385,000 $487,222 $6,751 2.72%
KANKAKEE, IL (FHA|USDA|VA) 26 $4,160,000 $160,000 $3,197 3.24%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 8 $3,870,000 $483,750 $6,496 2.78%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 12 $3,610,000 $300,833 $1,953 2.50%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 13 $3,575,000 $275,000 $2,964 2.86%
Breckenridge, CO (FHA|USDA|VA) 2 $3,560,000 $1,780,000 $9,797 2.44%
NILES, MI (FHA|USDA|VA) 9 $3,535,000 $392,778 $3,055 2.61%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 11 $3,315,000 $301,364 $3,809 2.77%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $3,175,000 $352,778 $4,554 2.71%
DANVILLE, IL (FHA|USDA|VA) 38 $3,120,000 $82,105 $1,791 3.27%
TUCSON, AZ (FHA|USDA|VA) 7 $3,115,000 $445,000 $4,229 2.84%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 8 $3,060,000 $382,500 $4,538 2.88%
ROCKFORD, IL (FHA|USDA|VA) 14 $2,950,000 $210,714 $3,584 2.78%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 7 $2,845,000 $406,429 $3,218 2.89%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 13 $2,805,000 $215,769 $3,751 3.32%
FORT COLLINS, CO (FHA|USDA|VA) 5 $2,725,000 $545,000 $3,650 2.90%
Galesburg, IL (FHA|USDA|VA) 38 $2,640,000 $69,474 $2,549 3.21%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 9 $2,615,000 $290,556 $2,409 2.85%
GREELEY, CO (FHA|USDA|VA) 6 $2,610,000 $435,000 $3,565 2.69%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 7 $2,495,000 $356,429 $5,357 3.00%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $2,425,000 $808,333 $2,700 2.98%
Holland, MI (FHA|USDA|VA) 2 $2,390,000 $1,195,000 $5,024 3.00%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 7 $2,365,000 $337,857 $3,133 2.93%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $2,325,000 $332,143 $2,863 2.50%
Glenwood Springs, CO (FHA|USDA|VA) 4 $2,210,000 $552,500 $3,007 2.53%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $2,210,000 $276,250 $3,616 3.09%
RICHMOND, VA (FHA|USDA|VA) 9 $2,115,000 $235,000 $2,201 2.53%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 4 $2,030,000 $507,500 $2,975 2.81%
PEORIA, IL (FHA|USDA|VA) 13 $1,965,000 $151,154 $3,314 3.11%
BOULDER, CO (FHA|USDA|VA) 3 $1,905,000 $635,000 $3,118 2.75%
Key West, FL (FHA|USDA|VA) 3 $1,815,000 $605,000 $6,543 2.92%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 6 $1,750,000 $291,667 $3,422 2.69%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,750,000 $291,667 $2,848 2.79%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 11 $1,725,000 $156,818 $3,982 3.13%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 3 $1,685,000 $561,667 $4,540 2.54%
Heber, UT (FHA|USDA|VA) 1 $1,685,000 $1,685,000 $0 1.50%
Sterling, IL (FHA|USDA|VA) 4 $1,680,000 $420,000 $2,815 3.28%
RALEIGH-CARY, NC (FHA|USDA|VA) 5 $1,665,000 $333,000 $2,428 2.68%
WICHITA, KS (FHA|USDA|VA) 5 $1,665,000 $333,000 $5,959 2.83%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $1,635,000 $545,000 $2,723 2.75%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 6 $1,600,000 $266,667 $2,454 2.62%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $1,595,000 $531,667 $4,135 3.29%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 5 $1,565,000 $313,000 $3,329 3.33%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $1,560,000 $195,000 $3,686 2.67%
ST. LOUIS, MO-IL (FHA|USDA|VA) 9 $1,455,000 $161,667 $3,087 2.82%
PANAMA CITY, FL (FHA|USDA|VA) 3 $1,435,000 $478,333 $4,071 2.75%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $1,310,000 $655,000 $2,777 2.88%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 4 $1,310,000 $327,500 $2,960 2.88%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $1,310,000 $327,500 $4,190 2.47%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 4 $1,280,000 $320,000 $2,520 2.72%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $1,275,000 $425,000 $2,492 2.88%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $1,265,000 $421,667 $4,953 2.79%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $1,245,000 $415,000 $4,840 3.08%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $1,240,000 $620,000 $6,156 3.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $1,235,000 $247,000 $3,311 2.85%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $4,008 2.75%
ALBUQUERQUE, NM (FHA|USDA|VA) 4 $1,170,000 $292,500 $4,128 2.63%
FAYETTEVILLE, NC (FHA|USDA|VA) 5 $1,155,000 $231,000 $2,333 2.35%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,994 2.78%
OCALA, FL (FHA|USDA|VA) 3 $1,135,000 $378,333 $4,421 3.00%
MONTGOMERY, AL (FHA|USDA|VA) 5 $1,085,000 $217,000 $4,032 2.98%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 3 $1,085,000 $361,667 $5,839 2.96%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $990,000 $495,000 $3,731 2.75%
ERIE, PA (FHA|USDA|VA) 3 $975,000 $325,000 $3,920 2.71%
Payson, AZ (FHA|USDA|VA) 1 $975,000 $975,000 $4,242 2.88%
KNOXVILLE, TN (FHA|USDA|VA) 3 $975,000 $325,000 $1,995 2.33%
Plymouth, IN (FHA|USDA|VA) 1 $955,000 $955,000 $3,472 3.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $955,000 $318,333 $5,026 2.58%
BELLINGHAM, WA (FHA|USDA|VA) 2 $900,000 $450,000 $3,011 2.50%
Rochelle, IL (FHA|USDA|VA) 5 $885,000 $177,000 $2,021 2.97%
Montrose, CO (FHA|USDA|VA) 1 $875,000 $875,000 $2,843 3.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $870,000 $435,000 $4,657 2.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $855,000 $285,000 $2,434 2.54%
COLUMBIA, SC (FHA|USDA|VA) 4 $850,000 $212,500 $4,578 2.53%
ASHEVILLE, NC (FHA|USDA|VA) 3 $845,000 $281,667 $4,971 2.92%
GREEN BAY, WI (FHA|USDA|VA) 2 $790,000 $395,000 $2,576 2.81%
Port Angeles, WA (FHA|USDA|VA) 2 $740,000 $370,000 $1,508 2.06%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 3 $735,000 $245,000 $2,089 3.00%
Pontiac, IL (FHA|USDA|VA) 7 $725,000 $103,571 $3,210 3.30%
ROANOKE, VA (FHA|USDA|VA) 2 $720,000 $360,000 $3,203 2.63%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $715,000 $715,000 $7,289 4.00%
Fort Morgan, CO (FHA|USDA|VA) 2 $710,000 $355,000 $1,850 2.69%
RENO, NV (FHA|USDA|VA) 2 $700,000 $350,000 $1,998 2.88%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $700,000 $350,000 $2,040 2.56%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $700,000 $350,000 $4,515 2.69%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $675,000 $675,000 $6,254 2.88%
LYNCHBURG, VA (FHA|USDA|VA) 2 $670,000 $335,000 $4,332 2.50%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $655,000 $655,000 $5,254 2.63%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $650,000 $325,000 $3,540 3.06%
Oskaloosa, IA (FHA|USDA|VA) 1 $635,000 $635,000 $3,119 2.63%
PITTSBURGH, PA (FHA|USDA|VA) 3 $615,000 $205,000 $6,266 2.46%
OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $605,000 $201,667 $4,238 2.38%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $585,000 $585,000 $4,035 2.88%
TULSA, OK (FHA|USDA|VA) 2 $570,000 $285,000 $3,586 2.81%
SALINAS, CA (FHA|USDA|VA) 1 $545,000 $545,000 $3,867 2.63%
Branson, MO (FHA|USDA|VA) 1 $545,000 $545,000 $3,320 3.25%
SAVANNAH, GA (FHA|USDA|VA) 1 $545,000 $545,000 $6,673 3.13%
Prineville, OR (FHA|USDA|VA) 1 $545,000 $545,000 $5,634 2.75%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $545,000 $545,000 $3,526 2.25%
Sevierville, TN (FHA|USDA|VA) 2 $540,000 $270,000 $2,216 2.50%
Angola, IN (FHA|USDA|VA) 1 $535,000 $535,000 $3,916 3.00%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $535,000 $535,000 $1,963 2.50%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $515,000 $515,000 $5,477 3.50%
PUEBLO, CO (FHA|USDA|VA) 1 $515,000 $515,000 $3,696 2.88%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $505,000 $505,000 $5,280 2.00%
GAINESVILLE, FL (FHA|USDA|VA) 2 $480,000 $240,000 $5,407 2.38%
SHEBOYGAN, WI (FHA|USDA|VA) 3 $475,000 $158,333 $1,902 3.75%
Warsaw, IN (FHA|USDA|VA) 1 $455,000 $455,000 $5,032 3.13%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $455,000 $455,000 $3,396 2.25%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $455,000 $455,000 $2,833 2.13%
Edwards, CO (FHA|USDA|VA) 1 $455,000 $455,000 $3,586 3.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $450,000 $225,000 $3,269 2.94%
SAN ANGELO, TX (FHA|USDA|VA) 2 $450,000 $225,000 $4,211 2.31%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $435,000 $435,000 $4,310 2.13%
Chillicothe, OH (FHA|USDA|VA) 1 $425,000 $425,000 $2,409 2.63%
TOLEDO, OH (FHA|USDA|VA) 2 $420,000 $210,000 $3,513 2.94%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $420,000 $210,000 $2,834 2.44%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $415,000 $415,000 $2,635 2.38%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 2 $400,000 $200,000 $3,064 3.00%
LAWRENCE, KS (FHA|USDA|VA) 1 $395,000 $395,000 $3,109 2.75%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $390,000 $195,000 $2,988 2.69%
TOPEKA, KS (FHA|USDA|VA) 2 $380,000 $190,000 $1,949 2.88%
Dixon, IL (FHA|USDA|VA) 4 $370,000 $92,500 $2,537 3.03%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $360,000 $180,000 $1,833 2.94%
Effingham, IL (FHA|USDA|VA) 1 $355,000 $355,000 $2,419 2.63%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $345,000 $345,000 $3,242 2.50%
Shelton, WA (FHA|USDA|VA) 1 $345,000 $345,000 $3,787 2.50%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $335,000 $335,000 $3,399 2.75%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $325,000 $325,000 $2,028 2.25%
APPLETON, WI (FHA|USDA|VA) 1 $315,000 $315,000 $3,199 3.50%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $305,000 $305,000 $3,170 3.38%
Vernal, UT (FHA|USDA|VA) 1 $305,000 $305,000 $8,807 2.38%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $295,000 $295,000 $2,673 2.88%
MORRISTOWN, TN (FHA|USDA|VA) 1 $275,000 $275,000 $2,141 2.75%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $265,000 $265,000 $4,018 3.13%
Martinsville, VA (FHA|USDA|VA) 1 $265,000 $265,000 $2,152 2.25%
Muscatine, IA (FHA|USDA|VA) 2 $260,000 $130,000 $1,894 3.63%
TERRE HAUTE, IN (FHA|USDA|VA) 2 $260,000 $130,000 $2,196 3.19%
YUBA CITY, CA (FHA|USDA|VA) 1 $255,000 $255,000 $6,669 2.75%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $255,000 $255,000 $2,560 2.88%
FLORENCE, SC (FHA|USDA|VA) 1 $255,000 $255,000 $2,265 2.75%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $255,000 $255,000 $882 2.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $255,000 $255,000 $1,973 2.25%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $255,000 $255,000 $2,875 2.75%
IOWA CITY, IA (FHA|USDA|VA) 1 $245,000 $245,000 $2,042 2.88%
COLUMBIA, MO (FHA|USDA|VA) 1 $245,000 $245,000 $1,942 2.50%
Madisonville, KY (FHA|USDA|VA) 1 $245,000 $245,000 $4,536 3.50%
Cookeville, TN (FHA|USDA|VA) 1 $245,000 $245,000 $3,344 3.00%
Lewisburg, TN (FHA|USDA|VA) 1 $245,000 $245,000 $3,332 2.75%
Thomasville, GA (FHA|USDA|VA) 1 $245,000 $245,000 $2,566 2.75%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $245,000 $245,000 $680 3.50%
SYRACUSE, NY (FHA|USDA|VA) 1 $245,000 $245,000 $3,446 2.88%
SUMTER, SC (FHA|USDA|VA) 1 $235,000 $235,000 $1,037 2.25%
Clovis, NM (FHA|USDA|VA) 1 $235,000 $235,000 $8,337 2.13%
FARGO, ND-MN (FHA|USDA|VA) 1 $225,000 $225,000 $1,818 2.25%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $215,000 $215,000 $6,077 2.88%
GOLDSBORO, NC (FHA|USDA|VA) 1 $215,000 $215,000 $1,740 2.25%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $215,000 $215,000 $2,870 2.88%
Lake City, FL (FHA|USDA|VA) 1 $195,000 $195,000 $2,591 2.63%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $195,000 $195,000 $3,568 3.75%
FLINT, MI (FHA|USDA|VA) 1 $185,000 $185,000 $2,086 2.50%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $175,000 $175,000 $2,919 2.75%
Baraboo, WI (FHA|USDA|VA) 1 $175,000 $175,000 $2,168 2.75%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $165,000 $165,000 $2,920 2.75%
MOBILE, AL (FHA|USDA|VA) 1 $155,000 $155,000 $1,788 3.25%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $155,000 $155,000 $2,204 2.75%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $155,000 $155,000 $2,638 2.13%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $155,000 $155,000 $2,616 3.00%
GREENVILLE, NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,573 2.75%
BATON ROUGE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $1,944 2.25%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $145,000 $145,000 $2,870 2.88%
Paducah, KY-IL (FHA|USDA|VA) 1 $145,000 $145,000 $2,196 2.38%
Charleston-Mattoon, IL (FHA|USDA|VA) 1 $145,000 $145,000 $4,796 3.00%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $145,000 $145,000 $2,084 2.38%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $145,000 $145,000 $2,501 3.50%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $2,117 2.88%
Kendallville, IN (FHA|USDA|VA) 1 $135,000 $135,000 $2,602 2.63%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $135,000 $135,000 $2,805 2.88%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $135,000 $135,000 $2,195 3.25%
Murray, KY (FHA|USDA|VA) 1 $135,000 $135,000 $3,216 2.13%
Boone, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,633 3.63%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 2 $130,000 $65,000 $2,967 3.12%
Stevens Point, WI (FHA|USDA|VA) 1 $125,000 $125,000 $2,836 2.63%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $125,000 $125,000 $2,654 2.25%
Mason City, IA (FHA|USDA|VA) 1 $125,000 $125,000 $2,990 3.63%
Fairfield, IA (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.99%
Clinton, IA (FHA|USDA|VA) 3 $115,000 $38,333 $2,865 2.62%
Burlington, IA-IL (FHA|USDA|VA) 1 $115,000 $115,000 $4,946 3.13%
THE VILLAGES, FL (FHA|USDA|VA) 1 $115,000 $115,000 $3,153 2.88%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,408 3.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.25%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $85,000 $85,000 $3,080 2.75%
Madison, IN (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.99%
Crossville, TN (FHA|USDA|VA) 1 $75,000 $75,000 $2,852 3.38%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $65,000 $65,000 $0 2.99%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $65,000 $65,000 $2,504 3.00%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $55,000 $55,000 $4,609 3.63%
ROCHESTER, MN (FHA|USDA|VA) 1 $35,000 $35,000 $2,158 2.75%
FORT WAYNE, IN (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.00%

First Midwest Bank's top markets include Chicago, Milwaukee, Denver, Miami, and Minneapolis among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 6,535 $2,201,615,000 $336,896 $3,278 3.01%
FHA 142 $28,670,000 $201,901 $7,405 3.09%
VA 137 $40,645,000 $296,679 $4,234 2.47%
USDA 14 $2,310,000 $165,000 $4,795 2.88%

For the 2021 period, First Midwest Bank's most frequently originated loan type of loans were Conventional, with 6,535 originations. Their 2nd most popular type is FHA, with 142 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 2,603 $946,465,000 $363,605 $2,343 2.90%
Home Purchase 1,996 $908,000,000 $454,910 $5,010 3.00%
Cash Out Refi 914 $267,500,000 $292,670 $2,745 3.00%
Other 716 $90,350,000 $126,187 $2,363 3.24%
Home Improvement 599 $60,925,000 $101,711 $877 3.21%

For the 2021, First Midwest Bank's most frequently cited loan purpose of loans were Refi, with 2,603 originations. The 2nd most popular reason of loans were Home Purchase, with 1,996 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 5,065 $1,440,295,000 $284,362 $3,913 3.03%
15 Year 1,030 $203,210,000 $197,291 $2,340 2.63%
20 Year 238 $61,570,000 $258,697 $2,476 2.85%
10 Year 164 $49,040,000 $299,024 $1,747 3.04%
5 Year 158 $192,400,000 $1,217,722 $478 3.97%
Other 120 $246,470,000 $2,053,917 $2,345 3.52%
3 Year 26 $44,610,000 $1,715,769 $0 4.34%
1 Year 25 $31,985,000 $1,279,400 $580 4.47%
30+ year 2 $3,660,000 $1,830,000 $6,810 3.00%

For the 2021, First Midwest Bank's most frequently cited loan length of loans were 30 Year, with 5,065 originations. The 2nd most popular length of loans were 15 Year, with 1,030 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 3,868 $1,198,020,000 $309,726
$<1k 865 $302,435,000 $349,636
$2k-3k 117 $29,325,000 $250,641
$3k-4k 73 $30,565,000 $418,699
$5k+ 19 $7,935,000 $417,632

$3,913 of loans were First Midwest Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 3,868 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 3,384 $1,270,840,000 $375,544
3-4% 1,821 $648,525,000 $356,137
<2.5% 1,253 $303,405,000 $242,143
4-5% 301 $39,045,000 $129,718
5-6% 61 $10,945,000 $179,426
6-7% 8 $480,000 $60,000

During 2021, First Midwest Bank's average interest rate of loans were 3.03%, while their most frequently originated rate bucket of loans were 2.5-3%, with 3,384 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 2,071 $298,795,000 $144,276 $3,003 2.99%
$200k-400k 1,841 $510,715,000 $277,412 $3,565 2.92%
$100,000 or less 1,604 $94,140,000 $58,691 $2,268 3.18%
$400k-600k 539 $264,705,000 $491,104 $3,893 2.89%
$600k-1MM 475 $358,575,000 $754,895 $4,414 2.96%
$1MM+ 298 $746,310,000 $2,504,396 $5,800 2.96%

2021 saw First Midwest Bank place emphasis on $100k-200k loans with 2,071 originations, totaling $298,795,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 1,382 $308,100,000 $222,938 $3,283 2.99%
$50k-75k 1,154 $171,430,000 $148,553 $3,277 3.01%
$150k-250k 1,144 $391,600,000 $342,308 $3,633 2.97%
$75k-100k 973 $169,415,000 $174,116 $3,162 2.97%
$250k+ 905 $572,375,000 $632,459 $4,230 2.92%
$50k or less 860 $91,580,000 $106,488 $3,182 3.02%

First Midwest Bank lent most frequently to those with incomes in the $100k-150k range, with 1,382 originations. The second most popular income band? $50k-75k, with 1,154 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,632 $447,230,000 $274,038 $3,257 2.96%
30-36% 1,334 $373,740,000 $280,165 $3,459 3.00%
<20% 631 $176,655,000 $279,960 $3,059 2.93%
44% 324 $50,300,000 $155,247 $4,005 2.95%
42% 288 $79,560,000 $276,250 $3,573 3.00%
41% 284 $80,940,000 $285,000 $3,474 3.03%
39% 254 $72,680,000 $286,142 $3,623 3.02%
37% 254 $68,960,000 $271,496 $3,686 2.97%
38% 248 $76,420,000 $308,145 $3,577 2.98%
40% 233 $65,585,000 $281,481 $3,576 3.00%
36% 233 $63,425,000 $272,210 $3,761 3.04%
43% 206 $37,020,000 $179,709 $3,423 2.94%
45% 127 $21,565,000 $169,803 $3,143 2.93%
49% 110 $27,580,000 $250,727 $3,668 2.80%
46% 107 $26,645,000 $249,019 $3,241 2.88%
48% 103 $24,245,000 $235,388 $3,399 2.88%
47% 90 $18,570,000 $206,333 $3,672 2.97%
50-60% 38 $10,120,000 $266,316 $6,572 2.99%
>60% 3 $535,000 $178,333 $6,901 3.71%

First Midwest Bank lent most frequently to those with DTI ratios of 20-30%, with 1,632 originations. The next most common DTI ratio? 30-36%, with 1,334 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 5,494 $1,440,920,000 $262,272 $3,395 2.96%
Not applicable 217 $522,025,000 $2,405,645 $0 3.76%
Not provided 603 $172,405,000 $285,912 $3,554 3.12%
Asian 241 $94,535,000 $392,261 $4,066 2.86%
Black 247 $39,225,000 $158,806 $3,249 3.19%
American Indian 14 $2,360,000 $168,571 $3,983 3.08%
Native Hawaiian 6 $1,140,000 $190,000 $2,123 2.67%
Other Asian 2 $230,000 $115,000 $0 2.49%
Asian Indian 1 $135,000 $135,000 $0 2.99%
Filipino 1 $125,000 $125,000 $0 1.99%
Other Pacific Islander 1 $95,000 $95,000 $0 2.99%
Guamanian 1 $45,000 $45,000 $0 2.99%

Approval Rates

Total approvals of all applications
74.87%

First Midwest Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
83.32%

First Midwest Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 6,828 $2,273,240,000 $332,929

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
6,828 $2,273,240,000 $332,929

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 945 $130,885,000 $138,503 $2,220 3.00%
40-60% 1,144 $331,000,000 $289,336 $2,619 2.88%
60-80% 2,362 $1,106,910,000 $468,633 $3,154 2.97%
80-100% 1,593 $647,135,000 $406,237 $4,566 2.98%
Over 100% 19 $5,775,000 $303,947 $9,133 2.93%
Under 20% 765 $51,535,000 $67,366 $1,245 3.34%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
FIRST MIDWEST BANCORP, INC. Other type of mortgage Closing on a mortgage 1 20.0%
FIRST MIDWEST BANCORP, INC. Conventional home mortgage Trouble during payment process 3 60.0%
FIRST MIDWEST BANCORP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 20.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
First Midwest Bank 10322 Indianapolis Boulevard Highland, IN 46322 Full Service B&M $320,114
First Midwest Bank 12600 South Harlem Avenue Palos Heights, IL 60463 Full Service B&M $449,677
First Midwest Bank 1290 East Steger Road Crete, IL 60417 Full Service B&M $48,656
First Midwest Bank 130 West Lincoln Hwy Dekalb, IL 60115 Full Service B&M $136,345
First Midwest Bank 1301 North Larkin Avenue Joliet, IL 60435 Full Service B&M $102,243
First Midwest Bank 1308 N. Richmond Road Mchenry, IL 60050 Full Service B&M $325,424
First Midwest Bank 13500 South Cicero Avenue Crestwood, IL 60445 Full Service B&M $153,731
First Midwest Bank 1415 West Jefferson Street Joliet, IL 60435 Full Service B&M $104,950
First Midwest Bank 14870 West Greenfield Avenue Brookfield, WI 53005 Full Service B&M $447,804
First Midwest Bank 1500 Allanson Road Mundelein, IL 60060 Full Service B&M $146,336
First Midwest Bank 15900 South Wolf Road Orland Park, IL 60462 Full Service B&M $269,806
First Midwest Bank 1600 West Lake Street Melrose Park, IL 60160 Full Service B&M $73,955
First Midwest Bank 16700 South 80th Avenue Tinley Park, IL 60477 Full Service B&M $253,848
First Midwest Bank 212 North Chicago Street Joliet, IL 60432 Full Service Cyber Office $0
First Midwest Bank 212 W. Madison St. Waukegan, IL 60085 Full Service B&M $753,110
First Midwest Bank 220 West Main Street Morris, IL 60450 Full Service B&M $221,420
First Midwest Bank 224 North Main Street Seneca, IL 61360 Full Service B&M $54,949
First Midwest Bank 2290 Sycamore Road Dekalb, IL 60115 Full Service B&M $69,444
First Midwest Bank 230 West State Street Sycamore, IL 60178 Full Service B&M $273,818
First Midwest Bank 2301 N Cicero Avenue Chicago, IL 60639 Full Service B&M $66,614
First Midwest Bank 2400 West 95th Street Evergreen Park, IL 60805 Full Service B&M $119,881
First Midwest Bank 241 East Deerpath Lake Forest, IL 60045 Full Service B&M $83,712
First Midwest Bank 24509 West Lockport Street Plainfield, IL 60544 Full Service B&M $285,635
First Midwest Bank 2601 West Schaumburg Road Schaumburg, IL 60194 Full Service B&M $68,553
First Midwest Bank 2760 Route 34 Oswego, IL 60543 Full Service B&M $61,415
First Midwest Bank 330 East Kilbourn Avenue Milwaukee, WI 53202 Full Service B&M $432,380
First Midwest Bank 3303 Sheridan Road Zion, IL 60099 Full Service B&M $153,444
First Midwest Bank 3540 Hobson Road Woodridge, IL 60517 Full Service B&M $79,237
First Midwest Bank 3737 West 147th Street Midlothian, IL 60445 Full Service B&M $102,672
First Midwest Bank 3747 N Clark Street Chicago, IL 60613 Full Service Retail $24,053
First Midwest Bank 3800 Rock Creek Blvd. Joliet, IL 60431 Limited, Administrative $0
First Midwest Bank 3805 N. Johnsburg Road Johnsburg, IL 60051 Full Service B&M $65,292
First Midwest Bank 4000 West North Avenue Chicago, IL 60639 Full Service B&M $240,731
First Midwest Bank 4001 West 95th Street Oak Lawn, IL 60453 Full Service B&M $210,465
First Midwest Bank 41 South Vail Ave Arlington Heights, IL 60005 Full Service B&M $119,187
First Midwest Bank 4101 West 183rd Street Country Club Hills, IL 60478 Full Service B&M $93,882
First Midwest Bank 4150 Kennedy Drive East Moline, IL 61244 Full Service B&M $49,590
First Midwest Bank 725 Waukegan Road Deerfield, IL 60015 Full Service B&M $260,021
First Midwest Bank 749 Lee Street Des Plaines, IL 60016 Full Service B&M $189,828
First Midwest Bank 750 Ridge Road Munster, IN 46321 Full Service B&M $145,440
First Midwest Bank 7540 West Capitol Drive Milwaukee, WI 53216 Full Service B&M $303,524
First Midwest Bank 7800 West 95th Street Hickory Hills, IL 60457 Full Service B&M $695,494
First Midwest Bank 7940 South Harlem Avenue Bridgeview, IL 60455 Full Service B&M $299,844
First Midwest Bank 800 South State Street Lockport, IL 60441 Full Service B&M $106,545
First Midwest Bank 812 West Springfield Champaign, IL 61820 Full Service B&M $116,118
First Midwest Bank 820 Joliet Street Dyer, IN 46311 Full Service B&M $139,424
First Midwest Bank 8501 West Higgins Road Chicago, IL 60631 Full Service B&M $632,888
First Midwest Bank 8601 W Ogden Lyons, IL 60534 Full Service Cyber Office $0
First Midwest Bank 8601 West Ogden Avenue Lyons, IL 60534 Full Service B&M $107,978
First Midwest Bank 100 East Ogden Avenue Westmont, IL 60559 Full Service B&M $109,773
First Midwest Bank 100 North Gilbert Street Danville, IL 61832 Full Service B&M $115,083
First Midwest Bank 1011 14th Street North Chicago, IL 60064 Full Service B&M $47,053
First Midwest Bank 1030 Dixie Highway Chicago Heights, IL 60411 Full Service B&M $86,723
First Midwest Bank 17500 Oak Park Avenue Tinley Park, IL 60477 Full Service B&M $602,141
First Midwest Bank 1777 North Cedar Lake Road Round Lake, IL 60073 Full Service B&M $100,631
First Midwest Bank 18120 South Torrence Avenue Lansing, IL 60438 Full Service B&M $71,405
First Midwest Bank 18600 Dixie Highway Homewood, IL 60430 Full Service B&M $211,403
First Midwest Bank 1970 North Halsted Avenue Chicago, IL 60614 Full Service B&M $143,499
First Midwest Bank 1975 West Ridge Road Gary, IN 46408 Full Service B&M $32,876
First Midwest Bank 19997 S. La Grange Road Frankfort, IL 60423 Full Service B&M $267,529
First Midwest Bank 2 South Broadway Aurora, IL 60507 Full Service B&M $30,297
First Midwest Bank 20 South Kankakee Coal City, IL 60416 Full Service B&M $75,660
First Midwest Bank 200 West Corning Avenue Peotone, IL 60468 Full Service B&M $107,872
First Midwest Bank 212 N Chicago St Joliet, IL 60432 Full Service Cyber Office $0
First Midwest Bank 212 N Chicago St Joliet, IL 60432 Full Service B&M $1,294,004
First Midwest Bank 2801 East 53rd Street Davenport, IA 52807 Full Service B&M $35,896
First Midwest Bank 2801 West Jefferson Street Joliet, IL 60435 Full Service B&M $152,531
First Midwest Bank 2806 North Vermilion Street Danville, IL 61832 Full Service B&M $52,452
First Midwest Bank 282 N Weber Road Bolingbrook, IL 60440 Full Service B&M $80,184
First Midwest Bank 2930 Ridge Road Highland, IN 46322 Full Service B&M $74,694
First Midwest Bank 300 N. Hunt Club Road Gurnee, IL 60031 Full Service B&M $259,806
First Midwest Bank 302 East Main Street Galesburg, IL 61401 Full Service B&M $91,213
First Midwest Bank 302 East Wells Street Milwaukee, WI 53202 Full Service B&M $0
First Midwest Bank 320 West Kimberly Road Davenport, IA 52806 Full Service B&M $78,784
First Midwest Bank 321 East Church Street Sandwich, IL 60548 Full Service B&M $67,526
First Midwest Bank 3220 W. 26th Street Chicago, IL 60623 Full Service B&M $56,326
First Midwest Bank 324 East Main Street Knoxville, IL 61448 Full Service B&M $41,217
First Midwest Bank 4753 Broadway Chicago, IL 60640 Full Service B&M $117,287
First Midwest Bank 506 15th Street Moline, IL 61265 Full Service B&M $348,220
First Midwest Bank 520 North Cass Avenue Westmont, IL 60559 Full Service B&M $125,248
First Midwest Bank 530 E. Washington Street Grayslake, IL 60030 Full Service B&M $80,659
First Midwest Bank 555 West Dundee Road Buffalo Grove, IL 60089 Full Service B&M $236,530
First Midwest Bank 5601 Monee Manhattan Rd. Ste. 111 Monee, IL 60449 Full Service B&M $94,519
First Midwest Bank 579 West Lincoln Highway Merrillville, IN 46410 Full Service B&M $69,138
First Midwest Bank 601 Pearson Drive Genoa, IL 60135 Full Service B&M $49,206
First Midwest Bank 6041 North Clark Street Chicago, IL 60660 Full Service B&M $75,399
First Midwest Bank 6603 Columbia Avenue Hammond, IN 46320 Full Service B&M $165,284
First Midwest Bank 6611 Kennedy Avenue Hammond, IN 46323 Full Service B&M $58,332
First Midwest Bank 7181 West Irving Park Road Chicago, IL 60634 Full Service B&M $206,911
First Midwest Bank 8750 W Bryn Mawr Ave, Ste 1300 Chicago, IL 60631 Full Service B&M $0
First Midwest Bank 915 West Glen Park Avenue Griffith, IN 46319 Full Service B&M $51,125
First Midwest Bank 930 North Main Street Elburn, IL 60119 Full Service B&M $47,589
First Midwest Bank 970 Brook Forest Ave Shorewood, IL 60431 Full Service B&M $94,643
First Midwest Bank 9700 West 131st Street Palos Park, IL 60464 Full Service B&M $102,968
First Midwest Bank 9800 Wicker Avenue Saint John, IN 46373 Full Service B&M $105,116
First Midwest Bank Depot Street Gardner, IL 60424 Full Service B&M $49,257
First Midwest Bank N Green Bay Road And Grand Avenue Waukegan, IL 60085 Full Service B&M $53,088
First Midwest Bank One West Roosevelt Road Villa Park, IL 60181 Full Service B&M $50,595
First Midwest Bank 1058 West Bryn Mawr Chicago, IL 60660 Full Service B&M $51,120
First Midwest Bank 10635 South Ewing Avenue Chicago, IL 60617 Full Service B&M $101,028
First Midwest Bank 10858 Pike Street Crown Point, IN 46307 Full Service B&M $39,316
First Midwest Bank 1095 South Water Wilmington, IL 60481 Full Service B&M $67,219
First Midwest Bank 1100 North Main Crown Point, IN 46307 Full Service B&M $86,433
First Midwest Bank 1111 West Route 6 Morris, IL 60450 Full Service B&M $163,296
First Midwest Bank 11210 West Lincoln Highway Mokena, IL 60448 Full Service B&M $112,113
First Midwest Bank 11900 South Pulaski Road Alsip, IL 60803 Full Service B&M $190,159
First Midwest Bank 120 North Washington Street Naperville, IL 60540 Full Service B&M $59,141
First Midwest Bank 1201 Golf Road Waukegan, IL 60085 Full Service B&M $376,046
First Midwest Bank 12015 South Western Avenue Blue Island, IL 60406 Full Service B&M $237,430

For 2021, First Midwest Bank had 109 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $603,900
Net interest income $579,254
Total noninterest income $178,955
Gross Fiduciary activities income $33,449
Service charges on deposit accounts $43,761
Trading account gains and fees $0
Additional Noninterest Income $101,745
Pre-tax net operating income $315,624
Securities gains (or losses, -) $-276
Income before extraordinary items $232,382
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $232,382
Minority interest net income $0
Net income $232,382
Sale, conversion, retirement of capital stock, net $0
Net operating income $232,600

First Midwest Bank's gross interest income from loans was $603,900,000.
First Midwest Bank's net interest income from loans was $579,254,000.
First Midwest Bank's fee based income from loans was $43,761,000.
First Midwest Bank's net income from loans was $232,382,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $24,646
Provision for credit losses $3,174
Total noninterest expense $439,411
Salaries and employee benefits $242,703
Premises and equipment expense $56,093
Additional noninterest expense $140,615
Applicable income taxes $82,966
Net charge-offs $40,954
Cash dividends $119,000

First Midwest Bank's interest expense for loans was $24,646,000.
First Midwest Bank's payroll and benefits expense were $242,703,000.
First Midwest Bank's property, plant and equipment expenses $56,093,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 2.0%
Nonfarm, nonresidential loans 1.0%
Multifamily residential loans 1.0%
1-4 family residential loans 0.0%
HELOC loans 1.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $17,578,256
Deposits held in domestic offices $17,578,256
Deposits by Individuals, partnerships, and corporations $15,796,963
Deposits by U.S. Government $21
Deposits by States and political subdivisions in the U.S. $1,742,323
Deposits by Commercial banks and other depository institutions in U.S. $38,949
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $9,602,922
Demand deposits $6,483,358
Nontransaction accounts $7,975,334
Money market deposit accounts (MMDAs) $3,406,272
Other savings deposits (excluding MMDAs) $2,854,612
Total time deposits $1,714,450
Total time and savings deposits $11,094,898
Noninterest-bearing deposits $6,450,523
Interest-bearing deposits $11,127,733
Retail deposits $17,196,563
IRAs and Keogh plan accounts $276,149
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $21,629,046
Cash & Balances due from depository institutions $2,119,072
Interest-bearing balances $1,898,865
Total securities $3,186,547
Federal funds sold & reverse repurchase $0
Net loans and leases $14,496,765
Loan and leases loss allowance $201,237
Trading account assets $0
Bank premises and fixed assets $119,847
Other real estate owned $5,196
Goodwill and other intangibles $883,926
All other assets $817,693

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $21,629,046
Total Liabilities $19,150,012
Total deposits $17,578,256
Interest-bearing deposits $11,127,733
Deposits held in domestic offices $17,578,256
% insured (estimated) $55
Federal funds purchased and repurchase agreements $141,288
Trading liabilities $0
Other borrowed funds $1,150,528
Subordinated debt $0
All other liabilities $279,940

Issued Loan Types

Type Value (in 000's)
Net loans and leases $14,496,765
Loan and leases loss allowance $201,237
Total loans and leases (domestic) $14,698,002
All real estate loans $9,253,942
Real estate loans in domestic offices $9,253,942
Construction and development loans $515,022
Residential 1-4 family construction $207,838
Other construction, all land development and other land $307,184
Loans secured by nonfarm nonresidential properties $3,136,804
Nonfarm nonresidential secured by owner-occupied properties $1,531,817
Commercial real estate & other non-farm, non-residential $1,604,987
Multifamily residential real estate $1,328,930
1-4 family residential loans $4,107,636
Farmland loans $165,550
Loans held in foreign offices $0
Farm loans $158,068
Commercial and industrial loans $4,259,134
To non-U.S. addressees $0
Loans to individuals $555,567
Credit card loans $18
Related Plans $2,257
Consumer Auto Loans $49,032
Other loans to individuals $504,260
All other loans & leases $471,291
Loans to foreign governments and official institutions $0
Other loans $137,034
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $34,961
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $437
Non 1-4 family restructured loans & leases $0
Total loans and leases (foreign) $0

First Midwest Bank had $14,496,765,000 of loans outstanding in 2021. $9,253,942,000 of loans were in real estate loans. $515,022,000 of loans were in development loans. $1,328,930,000 of loans were in multifamily mortgage loans. $4,107,636,000 of loans were in 1-4 family mortgage loans. $158,068,000 of loans were in farm loans. $18,000 of loans were in credit card loans. $49,032,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 1,943 $603,997 $310,858
Nonfarm, nonresidential loans - <$100k 226 $13,811 $61,111
Nonfarm, nonresidential loans - $100-250k 563 $76,060 $135,098
Nonfarm, nonresidential loans - $250k-1MM 1,154 $514,126 $445,516
Commercial & Industrial, US addressed loans - <$1MM 3,296 $553,524 $167,938
Commercial & Industrial, US addressed loans - <$100k 1,390 $70,652 $50,829
Commercial & Industrial, US addressed loans - $100-250k 711 $76,539 $107,650
Commercial & Industrial, US addressed loans - $250k-1MM 1,195 $406,333 $340,028
Farmland loans - <$1MM 155 $24,184 $156,026
Farmland loans - <$100k 46 $2,076 $45,130
Farmland loans - $100-250k 64 $8,584 $134,125
Farmland loans - $250k-1MM 45 $13,524 $300,533
Agriculture operations loans - <$1MM 299 $34,995 $117,040
Agriculture operations loans - <$100k 133 $5,025 $37,782
Agriculture operations loans - $100-250k 96 $10,934 $113,896
Agriculture operations loans - $250k-1MM 70 $19,036 $271,943