First Midwest Bancorp, Inc. (FMBI) financial statements (2022 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)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,194341320367280398
Cash and cash equivalents 1,117299289347262381
Short-term investments 764231201817
Total current assets: 1,194341320367280398
Noncurrent Assets
Operating lease, right-of-use asset 125141
Property, plant and equipment 12814112912179115
Intangible assets, net (including goodwill) 933875791755367339
Goodwill 862797729698341319
Intangible assets, net (excluding goodwill) 707962572620
Total noncurrent assets: 1,1861,157920876445454
Other undisclosed assets 18,45916,35214,26612,83410,6978,880
TOTAL ASSETS: 20,83917,85015,50614,07711,4239,733
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 1,5461,659906715879165
Total current liabilities: 1,5461,659906715879165
Noncurrent Liabilities
Liabilities, other than long-term debt    24(2)
Liability, pension and other postretirement and postemployment benefits    24(2)
Total noncurrent liabilities:    24(2)
Other undisclosed liabilities 16,60213,82112,54511,4969,2838,424
Total liabilities: 18,14915,48013,45112,21210,1658,586
Stockholders' equity
Stockholders' equity attributable to parent 2,6902,3712,0551,8651,2571,146
Preferred stock 231     
Common stock 111111
Treasury stock, value (232)(220)(201)(210)(219)(226)
Additional paid in capital 1,2751,2111,1151,032499447
Accumulated other comprehensive income (loss) 26(2)(53)(33)(41)(28)
Retained earnings 1,3891,3811,1931,0751,017954
Total stockholders' equity: 2,6902,3712,0551,8651,2571,146
TOTAL LIABILITIES AND EQUITY: 20,83917,85015,50614,07711,4239,733

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 665699582605468420
Net investment income 651699582510378334
Financial services revenue958986
Cost of revenue (99)(44)(48)(31)(31)(21)
Provision for loan, lease, and other losses (99)(44)(48)
Financial services costs(31)(31)(21)
Gross profit: 566655534574437399
Operating expenses (367)(345)(323)(305)(247)(220)
Other operating income, net
(Noninterest Income, Other Operating Income)
 121210443
Operating income: 210321221273194182
Nonoperating income    457
Investment income, nonoperating    (2)12
Bank owned life insurance income    644
Interest and debt expense (72)(110)(66)(38)(29)(24)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (3)5542(51)(32)(44)
Income from continuing operations before income taxes: 135266197188139120
Income tax expense (27)(66)(39)(90)(46)(38)
Net income attributable to parent: 108200158989282
Preferred stock dividends and other adjustments (9)     
Other undisclosed net loss available to common stockholders, basic (1)(2)(1)(1)(1)(1)
Net income available to common stockholders, diluted: 98198157979181

Comprehensive Income ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income: 108200158989282
Other comprehensive income (loss) 2851(13)8(13)(13)
Comprehensive income, net of tax, attributable to parent: 1362501451068070

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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