First Midwest Bancorp, Inc. (FMBI) financial statements (2021 and earlier)

Company profile

Business Address 8750 WEST BRYN MAWR AVENUE
CHICAGO, IL 60631
State of Incorp. DE
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,194341320367280398624
Cash and cash equivalents1,117299289347262381606
Short-term investments76423120181717
Disposal group, including discontinued operation      2
Total current assets:1,194341320367280398626
Noncurrent Assets
Operating lease, right-of-use asset125141
Property, plant and equipment12814112912179115129
Intangible assets, net (including goodwill)933875791755367339334
Goodwill862797729698341319311
Intangible assets, net (excluding goodwill)70796257262024
Total noncurrent assets:1,1861,157920876445454463
Other undisclosed assets18,45916,35214,26612,83410,6978,8808,356
TOTAL ASSETS:20,83917,85015,50614,07711,4239,7339,445
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,5461,659906715879165141
Total current liabilities:1,5461,659906715879165141
Noncurrent Liabilities
Liabilities, other than long-term debt   24(2)5
Liability, pension and other postretirement and postemployment benefits   24(2)5
Total noncurrent liabilities:   24(2)5
Other undisclosed liabilities16,60213,82112,54511,4969,2838,4248,198
Total liabilities:18,14915,48013,45112,21210,1658,5868,344
Stockholders' equity
Stockholders' equity attributable to parent2,6902,3712,0551,8651,2571,1461,101
Preferred stock231      
Common stock1111111
Treasury stock, value(232)(220)(201)(210)(219)(226)(234)
Additional paid in capital1,2751,2111,1151,032499447450
Accumulated other comprehensive income (loss)26(2)(53)(33)(41)(28)(16)
Retained earnings1,3891,3811,1931,0751,017954900
Total stockholders' equity:2,6902,3712,0551,8651,2571,1461,101
TOTAL LIABILITIES AND EQUITY:20,83917,85015,50614,07711,4239,7339,445

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues665699582605468420366
Net investment income651699582510378334291
Financial services revenue95898675
Cost of revenue(99)(44)(48)(31)(31)(21)(19)
Provision for loan, lease, and other losses(99)(44)(48)
Financial services costs(31)(31)(21)(19)
Gross profit:566655534574437399347
Operating expenses(367)(345)(323)(305)(247)(220)(210)
Other operating income, net
(Noninterest Income, Other Operating Income)
1212104435
Operating income:210321221273194182141
Nonoperating income   4578
Investment income, nonoperating   (2)128
Losses on sales of other real estate      (3)
Bank owned life insurance income   6443
Interest and debt expense(72)(110)(66)(38)(29)(24)(25)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(3)5542(51)(32)(44)(23)
Income from continuing operations before income taxes:135266197188139120100
Income tax expense(27)(66)(39)(90)(46)(38)(31)
Net income attributable to parent:10820015898928269
Preferred stock dividends and other adjustments(9)      
Other undisclosed net loss available to common stockholders, basic(1)(2)(1)(1)(1)(1)(1)
Net income available to common stockholders, diluted:9819815797918168

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:10820015898928269
Other comprehensive income (loss)2851(13)8(13)(13)11
Comprehensive income, net of tax, attributable to parent:136250145106807080

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: