First Midwest Bancorp, Inc. (FMBI) financial statements (2020 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)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments516320367280398624587
Cash and cash equivalents476289347262381606587
Short-term investments413120181717 
Disposal group, including discontinued operation     2 
Total current assets:516320367280398626587
Noncurrent Assets
Operating lease, right-of-use asset140
Property, plant and equipment 12912179115129116
Intangible assets, net (including goodwill), including:876791755367339334276
Goodwill 729698341319311264
Intangible assets, net (excluding goodwill) 625726202412
Other undisclosed intangible assets, net (including goodwill)876     (0)
Assets held-for-sale, long lived4
Total noncurrent assets:1,016920876445454463397
Other undisclosed assets16,48114,26612,83410,6978,8808,3567,270
TOTAL ASSETS:18,01315,50614,07711,4239,7339,4458,253
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,6539067158791651415
Total current liabilities:1,6539067158791651415
Noncurrent Liabilities
Liabilities, other than long-term debt  24(2)513
Pension and other postretirement defined benefit plans, liabilities13
Liability, pension and other postretirement and postemployment benefits  24(2)5
Total noncurrent liabilities:  24(2)513
Other undisclosed liabilities14,02012,54511,4969,2838,4248,1987,234
Total liabilities:15,67413,45112,21210,1658,5868,3447,252
Stockholders' equity
Stockholders' equity attributable to parent2,3402,0551,8651,2571,1461,1011,001
Common stock1111111
Treasury stock, value(220)(201)(210)(219)(226)(234)(241)
Additional paid in capital1,2081,1151,032499447450414
Accumulated other comprehensive income (loss)7(53)(33)(41)(28)(16)(27)
Retained earnings1,3441,1931,0751,017954900854
Total stockholders' equity:2,3402,0551,8651,2571,1461,1011,001
TOTAL LIABILITIES AND EQUITY:18,01315,50614,07711,4239,7339,4458,253

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues6675826054684203661
Revenue, net   11
Net investment income667582510378334291 
Financial services revenue95898675 
Cost of revenue(44)(48)(31)(31)(21)(19)(16)
Provision for loan, lease, and other losses(44)(48)
Financial services costs(31)(31)(21)(19)(16)
Gross profit:623534574437399347(16)
Operating expenses(327)(323)(305)(247)(220)(210)(25)
Other operating income, net
(Noninterest Income, Other Operating Income)
111044354
Operating income (loss):306221273194182141(37)
Nonoperating income  457818
Investment income, nonoperating  (2)12834
Losses on sales of other real estate     (3)(4)
Bank owned life insurance income  6443(12)
Interest and debt expense(103)(66)(38)(29)(24)(25)(28)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes4842(51)(32)(44)(23)175
Income from continuing operations before income taxes:252197188139120100128
Income tax expense(63)(39)(90)(46)(38)(31)(49)
Net income attributable to parent:1891589892826979
Other undisclosed net loss available to common stockholders, basic(2)(1)(1)(1)(1)(1)(1)
Net income available to common stockholders, diluted:1871579791816878

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1891589892826979
Other comprehensive income (loss)42(13)8(13)(13)11(11)
Comprehensive income:23114510680708068
Other undisclosed comprehensive income, net of tax, attributable to parent39      
Comprehensive income, net of tax, attributable to parent:27114510680708068

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.

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