0000702325-14-000035.txt : 20140811 0000702325-14-000035.hdr.sgml : 20140811 20140811171837 ACCESSION NUMBER: 0000702325-14-000035 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20140808 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140811 DATE AS OF CHANGE: 20140811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST MIDWEST BANCORP INC CENTRAL INDEX KEY: 0000702325 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 363161078 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10967 FILM NUMBER: 141031522 BUSINESS ADDRESS: STREET 1: ONE PIERCE PLACE STREET 2: SUITE 1500 CITY: ITASCA STATE: IL ZIP: 60143 BUSINESS PHONE: 6308757450 MAIL ADDRESS: STREET 1: ONE PIERCE PLACE STREET 2: SUITE 1500 CITY: ITASCA STATE: IL ZIP: 60143 8-K 1 fmbi081120148-k.htm 8-K FMBI 08.11.2014 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) August 8, 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) 


60143-1254 
(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:
[ ]    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 






Item 8.01 Other Events

On August 11, 2014, First Midwest Bancorp, Inc. (the “Company”) issued a press release announcing that its wholly-owned subsidiary, First Midwest Bank, completed its acquisition of the Chicago banking operations of Popular Community Bank, which is a subsidiary of Popular, Inc., in accordance with a definitive purchase and assumption agreement entered into on April 22, 2014. The press release, dated August 11, 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
(d)    Exhibits
The following Exhibit is furnished with this Current Report on Form 8-K:
99.1     Press Release issued by First Midwest Bancorp, Inc. dated August 11, 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:
August 11, 2014
/s/ NICHOLAS J. CHULOS
 
 
By: Nicholas J. Chulos
Executive Vice President, Corporate Secretary, and General Counsel
 
 




EX-99.1 2 fmbi08112014ex-991.htm EX-99.1 FMBI 08.11.2014 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 COMPLETES ITS ACQUISITION OF THE
CHICAGO BANKING OPERATIONS OF POPULAR COMMUNITY BANK

ITASCA, IL, August 11, 2014 - First Midwest Bancorp, Inc. (“First Midwest”) (NASDAQ NGS: FMBI) announced today that its subsidiary bank, First Midwest Bank, completed its acquisition of the Chicago banking operations of Popular Community Bank, a subsidiary of Popular, Inc. (NASDAQ: BPOP).

The acquisition consisted of Popular Community Bank’s twelve full-service retail branches and its small business and middle market commercial lending activities in the Chicago metropolitan area, which included approximately $726 million in deposits and approximately $562 million in loans as of July 31, 2014.

“We are very excited to welcome the customers of Popular Community Bank to First Midwest,” said First Midwest President and Chief Executive Officer Michael L. Scudder. “We are equally pleased to welcome a team of experienced commercial and retail colleagues that share our commitment to delivering personal attention and a full range of products and services to our clients.”

Scudder went on to add, “This transaction reflects our continuing desire to expand our presence in Chicago and surrounding markets.”

About First Midwest

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 100 banking offices located in metropolitan Chicago, northwest Indiana, central and western Illinois, and eastern Iowa. First Midwest has been recognized by J.D. Power as having the “Highest Customer Satisfaction with Retail Banking in the Midwest Region” according to the 2014 Retail Banking Satisfaction StudySM. First Midwest’s website is www.firstmidwest.com.

Forward-Looking Statements

This press release may contain certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by the use of words such as “may,” “expect,” “anticipate,” “believe,” or “continue” and words of similar import. Forward-looking statements are not historical facts but instead express only management’s beliefs regarding future results or events, many of which, by their nature, are inherently uncertain and outside of management’s control. It is possible that actual results and events may differ, possibly materially, from the anticipated results or events indicated in these forward-looking statements.





Factors that may cause such a difference include, but are not limited to, expected synergies, cost savings and other financial benefits of proposed or completed acquisition transactions might not be realized within the expected timeframes or might be less than projected; credit and interest rate risks; customer borrowing, repayment, investment and deposit practices; customer and employee reactions to an acquisition transaction; regulatory or legal requirements or obligations; general economic conditions; and other risks and factors identified in First Midwest’s Annual Report on Form 10-K for the year ended December 31, 2013 and other reports filed with the Securities and Exchange Commission.

Forward-looking statements are not guarantees of future performance, and First Midwest cautions you not to place undue reliance on these statements. Forward-looking statements are made only as of the date of this press release, and First Midwest undertakes no obligation to update any forward-looking statements contained in this press release to reflect new information or events or conditions after the date hereof.



* * *



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