First Midwest Bank
First Midwest Bank more than doubled its third quarter profit year-over-year to $50 million.
Offices will be turned into living spaces in Hammond's tallest building. The goal is to bring "downtown apartment-style contemporary living" by spring 2023.
First Midwest Bank's board approved a proposal to be acquired by Evansville-based Old National for $6.5 billion in an all-stock deal that will create the sixth-largest bank based in the Midwest.
The Chicago-based bank, which is in the process of merging with Evansville-based Old National, made $0.41 per share in the second quarter, up from $0.36 per share in the first quarter and $0.16 per share in the second quarter of 2020. That's a 14% increase over the first quarter and a 156% jump year-over-year.
The security guard who was fatally shot at the attempted robbery at First Midwest Bank has been identified as a Tinley Park man.
First Midwest Bank's profit more than doubled year-over-year in the first quarter.
First Midwest Bank gave nearly $500,000 to charities, including local United Way chapters.
First Midwest Bank, which already has closed several Northwest Indiana branches in recent years, is looking to close 17 branches, or about 15% of its retail footprint, this year.
The Chicago-based bank said it will close 17 branches, or about 15% of its branch network, by early next year because of changing consumer behavior, including a shift toward online banking.
Terrance Brown, 32, of Harvey, Illinois, is being held in federal detention, pending his next hearing Tuesday in U.S. District Court.
Police are seeking to identify a suspect in an armed robbery Wednesday at a First Midwest Bank in Hammond's Hessville neighborhood.
No one was injured, and the suspect ran away after stealing an undisclosed amount of money, police said.
First Midwest Bancorp made $17.8 million in the second quarter, down 8.2% from the $19.4 million in net income the bank earned in the first quarter and down 61.8% from the $46.6 million it pulled in during the second quarter of 2019.
First Midwest Bancorp, Inc. Announces Pricing of $110 Million Preferred Stock Offering
First Midwest Bank and 1st Source Bank are donating to coronavirus relief funds.
First Midwest Bank completed its acquisition of Park Bank in Milwaukee.
First Midwest Bank announces stock repurchase program and a dividend.
Police have arrested a Hammond man in connection with Tuesday's robbery of First Midwest Bank in Munster.
First Midwest Bank was honored for having three women on its 12-member board of directors.