Business NewsMarketWire • First Midwest Bank Clarifies Market Rumors and Reaffirms Well Capitalized Status

First Midwest Bank Clarifies Market Rumors and Reaffirms Well Capitalized Status

First Midwest Bank Clarifies Market Rumors and Reaffirms Well Capitalized Status

ITASCA, IL--(Marketwire - April 2, 2010) -  First Midwest Bank ("First Midwest"), the wholly owned subsidiary of Itasca-based First Midwest Bancorp, Inc. (NASDAQ: FMBI), today released a statement to clarify that neither First Midwest Bank nor First Midwest Bancorp, Inc. are affiliated with Melrose Park-based Midwest Banc Holdings, Inc. or Midwest Bank & Trust. First Midwest issued this statement in response to confusion and concerns raised in the market as a result of recent news articles published in the Chicago area press regarding the capital status of Midwest Banc Holdings, Inc.

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First Midwest Bank Clarifies Market Rumors and Reaffirms Well Capitalized Status