8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) April 22, 2014
First Midwest Bancorp, Inc. (Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of Incorporation)	0-10967 (Commission File Number)	36-3161078 (IRS Employer Identification No.)
One Pierce Place, Suite 1500, Itasca, Illinois (Address of principal executive offices)		60143 (Zip Code)
(630) 875-7450 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act         (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act         (17 CFR 240.13e-4(c))

Item 8.01 Other Event

On April 23, 2014, First Midwest Bancorp, Inc. (the “Company”) issued a press release announcing that its wholly-owned subsidiary, First Midwest Bank, entered into a definitive purchase and assumption agreement dated as of April 22, 2014 to acquire the Chicago area banking operations of Banco Popular North America (doing business as Popular Community Bank), which is a subsidiary of Popular, Inc. This press release, dated April 23, 2014, is attached to this report as Exhibit 99.1.

The information set forth in this Current Report on Form 8-K (including the information in Exhibit 99.1 attached hereto) is being furnished to the Securities and Exchange Commission and is not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under the Exchange Act. Such information shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

The following Exhibit is furnished with this Current Report on Form 8-K.

(d) Exhibits.

99.1     Press Release issued by First Midwest Bancorp, Inc. dated April 23, 2014.

* * *

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	First Midwest Bancorp, Inc.
	(Registrant)
Date: April 28, 2014	/s/ NICHOLAS J CHULOS
	Nicholas J. Chulos Executive Vice President, Corporate Secretary, and General Counsel

EX-99.1

				Exhibit 99.1
		First Midwest Bancorp, Inc.		News Release
				First Midwest Bancorp, Inc. One Pierce Place, Suite 1500 Itasca, Illinois 60143-9768 (630) 875-7450 www.firstmidwest.com
	FOR IMMEDIATE RELEASE
CONTACT:			Paul F. Clemens (Investors) EVP and Chief Financial Officer (630) 875-7347 paul.clemens@firstmidwest.com	James M. Roolf (Media) SVP and Corporate Relations Officer (630) 875-7533 jim.roolf@firstmidwest.com
TRADED:			NASDAQ Global Select Market
SYMBOL:			FMBI

FIRST MIDWEST BANK TO ACQUIRE CHICAGO BANKING OPERATIONS

OF POPULAR COMMUNITY BANK

First Midwest Bank Significantly Strengthens its Metro Chicago Presence

ITASCA, IL, APRIL 23, 2014 - First Midwest Bancorp, Inc. (the “Company” or “First Midwest”) (NASDAQ NGS: FMBI) announced today that its subsidiary bank, First Midwest Bank, has signed a definitive agreement to acquire the Chicago banking operations of Popular Community Bank, a subsidiary of Popular, Inc. The acquisition includes Popular Community Bank’s retail banking offices and its small business and middle market commercial lending activities in the Chicago metropolitan area.

As part of the transaction, First Midwest will acquire twelve full-service retail branches, approximately $750 million in deposits and approximately $525 million in loans. The deposit premium for the transaction is 2.5%. The transaction is subject to customary regulatory approvals and certain closing conditions, and is expected to close before the end of 2014.

“We are excited to welcome the clients of Popular Community Bank to First Midwest. First Midwest is the bank of choice for more than one quarter million families and twenty-five thousand businesses throughout the greater Chicagoland area,” said First Midwest Bancorp, Inc. President and Chief Executive Officer Michael L. Scudder. “This acquisition is consistent with our desire to expand our footprint in Chicago and surrounding suburban markets. We are very pleased to add experienced commercial and retail lending teams that share our commitment of delivering personal attention and a full range of business, retail and wealth management services to our clients.”

About the Company

First Midwest is the premier relationship-based financial institution in the dynamic Chicagoland banking market. As one of Illinois’ largest independent bank holding companies, First Midwest, through its subsidiary bank and other affiliates, provides a full range of business and retail banking and wealth management services through approximately 90 banking offices located in metropolitan Chicago, northwest Indiana, central and western Illinois, and eastern Iowa. The Company website is www.firstmidwest.com.

Safe Harbor Statement

This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not historical facts but instead represent only the Company’s beliefs regarding future results or events, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual results and outcomes may differ, possibly materially, from the anticipated results and outcomes indicated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect the Company’s future results, see “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013 and other reports filed with the Securities and Exchange Commission. Forward-looking statements represent management’s best judgment as of the date hereof based on currently available information. The Company undertakes no duty to update any forward-looking statements contained in this press release after the date hereof.