First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)

	2007								2006										2005				2004
	Sept. 30/ YTD		3rd Quarter		2nd Quarter		1st Quarter		Dec. 31/ YTD		4th Quarter		3rd Quarter		2nd Quarter		1st Quarter		Dec. 31/ YTD		4th Quarter		Dec. 31/ YTD
Period-End Balance Sheet
Total assets	$	7,884,345	$	7,884,345	$	8,055,358	$	8,235,110	$	8,441,526	$	8,441,526	$	8,596,864	$	8,692,828	$	8,715,524	$	7,210,151	$	7,210,151	$	6,863,381
Securities HTM - amortized cost		92,913		92,913		104,152		103,697		91,380		91,380		98,745		116,707		121,012		56,772		56,772		64,576
Securities HTM - fair market value		93,151		93,151		104,317		103,951		91,602		91,602		99,019		116,922		121,026		56,791		56,791		64,618
Securities AFS - fair market value		1,924,357		1,924,357		2,183,450		2,296,375		2,442,674		2,442,674		2,561,962		2,593,715		2,654,189		2,286,630		2,286,630		2,179,438
Mortgages held for sale		1,408		1,408		5,665		3,674		4,760		4,760		6,186		3,000		3,050		4,301		4,301		4,251
Loans:
Commercial and industrial		1,522,270		1,522,270		1,544,210		1,541,544		1,547,081		1,547,081		1,584,626		1,550,730		1,524,978		1,161,660		1,161,660		1,146,168
Agricultural		158,015		158,015		156,594		175,554		158,305		158,305		149,453		140,440		134,708		131,689		131,689		107,059
Real estate - commercial		1,853,088		1,853,088		1,814,315		1,858,557		1,852,557		1,852,557		1,873,539		1,873,402		1,811,045		1,729,009		1,729,009		1,493,855
Real estate - construction		621,613		621,613		597,961		589,549		583,761		583,761		565,707		539,915		463,367		413,286		413,286		427,248
Real estate - 1-4 family		200,694		200,694		206,506		211,489		215,464		215,464		213,614		220,377		349,934		143,286		143,286		92,512
Direct consumer		533,885		533,885		538,662		552,809		573,128		573,128		587,556		601,420		625,189		570,042		570,042		576,691
Indirect consumer		41,907		41,907		51,610		64,118		78,648		78,648		95,059		115,061		132,914		157,219		157,219		291,745
Total loans		4,931,472		4,931,472		4,909,858		4,993,620		5,008,944		5,008,944		5,069,554		5,041,345		5,042,135		4,306,191		4,306,191		4,135,278
Other Assets:
Other earning assets		20,865		20,865		20,734		17,868		5,081		5,081		3,330		4,399		5,464		1,607		1,607		330
Total earning assets		6,971,015		6,971,015		7,223,859		7,415,234		7,552,839		7,552,839		7,739,777		7,759,166		7,825,850		6,655,501		6,655,501		6,383,873
Corporate owned life insurance		201,418		201,418		199,396		197,421		196,598		196,598		194,632		193,048		194,333		156,441		156,441		151,359
Intangibles:
Goodwill		262,195		262,195		262,196		262,195		262,195		262,195		262,229		266,037		264,900		85,962		85,962		84,547
Other intangibles		27,146		27,146		28,251		29,357		30,463		30,463		31,610		32,766		29,939		10,035		10,035		12,165
Total intangibles		289,341		289,341		290,447		291,552		292,658		292,658		293,839		298,803		294,839		95,997		95,997		96,712
Deposits:
Demand deposits		1,082,068		1,082,068		1,070,528		1,073,065		1,124,081		1,124,081		1,068,815		1,125,448		1,105,452		976,557		976,557		922,540
Interest bearing deposits		4,752,107		4,752,107		4,744,216		4,834,377		5,043,135		5,043,135		5,160,575		5,132,737		4,945,387		4,171,275		4,171,275		3,982,838
Total deposits		5,834,175		5,834,175		5,814,744		5,907,442		6,167,216		6,167,216		6,229,390		6,258,185		6,050,839		5,147,832		5,147,832		4,905,378
Fed funds purchased and repurchase agreements		514,438		514,438		573,064		598,035		612,608		612,608		520,616		912,806		803,943		746,057		746,057		704,589
Other borrowed funds		484,064		484,064		599,126		639,621		569,660		569,660		774,700		499,747		825,141		548,475		548,475		513,743
Subordinated debt		227,948		227,948		226,118		228,274		228,674		228,674		228,747		226,128		227,472		130,092		130,092		129,294
Stockholders' equity		727,928		727,928		741,060		753,988		751,014		751,014		745,869		694,938		688,484		544,068		544,068		532,038
Stockholders' equity, excluding OCI	$	764,313	$	764,313	$	776,208	$	770,326	$	766,302	$	766,302	$	747,543	$	728,113	$	711,032	$	552,352	$	552,352	$	521,923
Average Balance Sheet
Total assets	$	8,148,827	$	7,991,143	$	8,151,473	$	8,307,340	$	8,255,764	$	8,502,699	$	8,597,152	$	8,668,348	$	7,237,200	$	7,042,670	$	7,201,290	$	6,860,245
Securities - HTM taxable		9,882		9,306		9,797		10,555		9,848		9,588		9,888		9,936		9,984		10,644		10,306		11,826
Securities - HTM tax-exempt		90,217		88,407		97,716		84,485		91,046		86,951		96,413		114,720		65,808		52,611		41,061		50,079
Securities - AFS taxable		1,366,406		1,310,385		1,371,869		1,418,147		1,515,276		1,493,117		1,569,185		1,596,625		1,400,563		1,587,973		1,595,861		1,412,866
Securities - AFS tax-exempt		904,043		864,559		896,428		952,104		998,727		1,021,820		1,037,147		1,041,464		892,653		643,422		739,753		658,998
Total loans		4,950,984		4,895,800		4,944,483		5,013,967		4,869,360		5,046,665		5,037,574		5,063,873		4,319,484		4,214,750		4,295,483		4,143,067
Other earning assets		31,702		29,798		33,590		31,741		10,892		10,459		8,552		10,767		13,853		7,917		9,572		30,344
Total earning assets		7,353,234		7,198,255		7,353,883		7,510,999		7,495,149		7,668,600		7,758,759		7,837,385		6,702,345		6,517,317		6,692,036		6,307,180
Deposits:
Demand deposits		1,056,699		1,051,292		1,061,987		1,056,880		1,052,413		1,086,979		1,083,334		1,106,177		931,104		931,711		950,523		894,093
Savings deposits		742,378		774,133		746,702		705,543		653,321		679,681		674,039		697,663		560,364		615,324		576,291		646,214
NOW accounts		906,007		941,488		905,683		870,064		924,539		936,793		992,916		991,743		774,166		893,706		836,264		921,635
Money market deposits		861,703		864,001		858,639		862,452		867,775		882,627		919,889		948,992		717,199		672,411		674,351		732,456
Core transactional deposits		3,566,787		3,630,914		3,573,011		3,494,939		3,498,048		3,586,080		3,670,178		3,744,575		2,982,833		3,113,152		3,037,429		3,194,398
Time deposits > $100,000		833,671		822,079		844,232		834,844		746,036		854,693		805,129		699,235		621,877		604,270		630,323		510,490
Time deposits < $100,000		1,513,044		1,386,797		1,491,777		1,663,599		1,683,866		1,713,424		1,731,613		1,760,261		1,527,599		1,361,440		1,459,305		1,185,868
Total time deposits		2,346,715		2,208,876		2,336,009		2,498,443		2,429,902		2,568,117		2,536,742		2,459,496		2,149,476		1,965,710		2,089,628		1,696,358
Total deposits		5,913,502		5,839,790		5,909,020		5,993,382		5,927,950		6,154,197		6,206,920		6,204,071		5,132,309		5,078,862		5,127,057		4,890,756
FFP, repos, other borrowed funds		1,160,567		1,093,068		1,162,315		1,227,797		1,339,826		1,265,370		1,343,671		1,447,591		1,303,041		1,235,205		1,334,883		1,253,419
Subordinated debt		227,683		226,180		228,229		228,667		206,449		228,746		226,187		227,460		142,236		130,377		130,414		128,454
Total funding sources		7,301,752		7,159,038		7,299,564		7,449,846		7,474,225		7,648,313		7,776,778		7,879,122		6,577,586		6,444,444		6,592,354		6,272,629
Stockholders' equity		753,968		741,820		760,010		760,277		695,020		762,535		724,695		698,388		592,263		538,515		541,351		530,721

Note: See the "Source of Information" Section Located at the End of this Document for a Discussion of the Data Included Herein.

First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)

	2007												2006															2005						2004
	Sept. 30/ YTD			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31/ YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31/ YTD			4th Quarter			Dec. 31/ YTD
Income Statement
Interest income	$	362,350		$	120,090		$	120,671		$	121,589		$	476,409		$	125,397		$	126,437		$	123,050		$	101,525		$	366,700		$	100,030		$	315,342
Interest expense		180,319			59,393			59,707			61,219			224,550			62,634			60,764			57,092			44,060			130,850			40,681			86,478
Net interest income		182,031			60,697			60,964			60,370			251,859			62,763			65,673			65,958			57,465			235,850			59,349			228,864
Loan loss provision		5,191			470			1,761			2,960			10,229			3,865			2,715			2,059			1,590			8,930			2,780			12,923
Service charges on deposit accounts		33,029			11,959			11,483			9,587			40,036			10,594			10,971			10,847			7,624			30,199			8,308			28,837
Trust and investment management fees		11,640			3,934			3,916			3,790			14,269			3,666			3,736			3,695			3,172			12,593			3,059			11,888
Other service charges, commissions, and fees		16,859			5,601			6,099			5,159			20,135			5,362			5,471			4,837			4,465			17,572			4,479			15,147
Card-based fees		11,946			4,054			4,181			3,711			13,777			3,712			3,734			3,762			2,569			10,207			2,615			9,252
Subtotal, total fee-based revenue		73,474			25,548			25,679			22,247			88,217			23,334			23,912			23,141			17,830			70,571			18,461			65,124
Corporate owned life insurance income		5,916			2,023			1,982			1,911			7,616			1,966			2,206			1,940			1,504			5,163			1,437			4,939
Security (losses) gains, net		(760	)		(5,165	)		961			3,444			4,269			3,371			509			20			369			(3,315	)		(6,152	)		8,222
(Losses) on early extinguishment of debt		—			—			—			—			—			—			—			—			—			—			—			(2,653	)
Other income		4,088			989			2,001			1,098			3,181			982			364			166			1,669			2,193			664			3,749
Total noninterest income		82,718			23,395			30,623			28,700			103,283			29,653			26,991			25,267			21,372			74,612			14,410			79,381
Salaries and employee benefits		83,912			27,354			29,008			27,550			106,201			26,507			27,023			27,039			25,632			95,179			23,991			92,171
Occupancy and equipment expense		24,370			8,266			7,976			8,128			30,380			7,747			8,133			7,911			6,589			25,173			6,457			24,862
Other real estate expense, net		439			397			71			(29	)		843			96			175			449			123			931			175			1,272
Other intangibles amortization		3,317			1,106			1,105			1,106			4,039			1,148			1,156			1,175			560			2,130			532			2,130
Acquisition and restructure charges		36			—			—			36			1,753			—			—			1,753			—			—			—			650
Other expenses		36,799			12,858			12,577			11,364			49,399			12,297			12,631			13,663			10,808			42,290			11,423			42,253
Total noninterest expense		148,873			49,981			50,737			48,155			192,615			47,795			49,118			51,990			43,712			165,703			42,578			163,338
Pre-tax earnings		110,685			33,641			39,089			37,955			152,298			40,756			40,831			37,176			33,535			135,829			28,401			131,984
Income taxes		25,108			6,404			9,778			8,926			35,052			9,228			9,616			8,441			7,767			34,452			5,771			32,848
Net income	$	85,577		$	27,237		$	29,311		$	29,029		$	117,246		$	31,528		$	31,215		$	28,735		$	25,768		$	101,377		$	22,630		$	99,136
Basic earnings per share	$	1.73		$	0.55		$	0.59		$	0.58		$	2.39		$	0.63		$	0.63		$	0.58		$	0.55		$	2.22		$	0.50		$	2.13
Diluted earnings per share	$	1.71		$	0.55		$	0.59		$	0.58		$	2.37		$	0.63		$	0.62		$	0.57		$	0.55		$	2.21		$	0.49		$	2.12
Weighted average shares outstanding		49,554			49,134			49,617			49,921			49,102			49,991			49,940			49,896			46,532			45,567			45,390			46,469
Weighted average diluted shares outstanding		49,915			49,447			49,984			50,322			49,469			50,392			50,315			50,244			46,879			45,893			45,753			46,860
Tax equivalent adjustment (1)	$	15,670		$	4,988		$	5,252		$	5,430		$	23,551		$	5,882		$	6,132		$	6,383		$	5,154		$	16,080		$	4,351		$	17,440
Net interest income (FTE) (1)	$	197,701		$	65,685		$	66,216		$	65,800		$	275,410		$	68,645		$	71,805		$	72,341		$	62,619		$	251,930		$	63,700		$	246,304
Stock and related per share data:
Book value	$	14.94		$	14.94		$	14.97		$	15.16		$	15.01		$	15.01		$	14.92		$	13.92		$	13.81		$	11.99		$	11.99		$	11.55
Tangible book value		9.00			9.00			9.10			9.30			9.16			9.16			9.04			7.93			7.89			9.87			9.87			9.45
Dividends declared per share		0.885			0.295			0.295			0.295			1.120			0.295			0.275			0.275			0.275			1.015			0.275			0.90
Market price - period high		39.31			36.62			38.17			39.31			39.52			39.52			38.89			37.52			37.14			39.25			39.25			38.30
Market price - period low		31.87			31.87			34.82			36.00			32.62			36.62			34.42			34.64			32.62			31.25			34.66			31.13
Closing price at period end	$	34.16		$	34.16		$	35.51		$	36.75		$	38.68		$	38.68		$	37.89		$	37.08		$	36.57		$	35.06		$	35.06		$	36.29
Closing price to book value		2.3			2.3			2.4			2.4			2.6			2.6			2.5			2.7			2.6			2.9			2.9			3.1
Period end shares outstanding		48,735			48,735			49,494			49,747			50,025			50,025			50,001			49,925			49,866			45,387			45,387			46,065
Period end treasury shares		12,591			12,591			11,832			11,579			11,301			11,301			11,325			11,401			11,460			11,540			11,540			10,862
Number of shares repurchased		1,470			792			338			340			23			1			10			10			2			857			—			897
Common dividends	$	43,829		$	14,509		$	14,622		$	14,698		$	56,033		$	14,779		$	13,769		$	13,749		$	13,736		$	46,238		$	12,502		$	42,567
Other Key Ratios/Data:
Return on average equity (2)		15.18	%		14.57	%		15.47	%		15.48	%		16.87	%		16.40	%		17.09	%		16.50	%		17.64	%		18.83	%		16.58	%		18.68	%
Return on average assets (2)		1.40	%		1.35	%		1.44	%		1.42	%		1.42	%		1.47	%		1.44	%		1.33	%		1.44	%		1.44	%		1.25	%		1.45	%
Net interest margin (1)		3.59	%		3.63	%		3.61	%		3.53	%		3.67	%		3.57	%		3.69	%		3.70	%		3.76	%		3.87	%		3.79	%		3.91	%
Yield on average earning assets (1)		6.87	%		6.91	%		6.86	%		6.83	%		6.67	%		6.81	%		6.79	%		6.62	%		6.43	%		5.87	%		6.20	%		5.28	%
Cost of funds		3.86	%		3.86	%		3.84	%		3.88	%		3.50	%		3.79	%		3.60	%		3.38	%		3.16	%		2.37	%		2.86	%		1.61	%
Efficiency ratio (1)		52.06	%		51.87	%		52.13	%		52.19	%		50.53	%		49.56	%		49.06	%		52.12	%		51.51	%		49.44	%		49.76	%		50.11	%
Net noninterest expense ratio (2)		1.07	%		1.06	%		1.04	%		1.12	%		1.13	%		1.00	%		1.04	%		1.24	%		1.27	%		1.25	%		1.21	%		1.30	%
Effective income tax rate		22.7	%		19.0	%		25.0	%		23.5	%		23.0	%		22.6	%		23.6	%		22.7	%		23.2	%		25.4	%		20.3	%		24.9	%
Full time equivalent employees - end of period		1,866			1,866			1,885			1,908			1,892			1,892			1,845			1,898			2,012			1,635			1,635			1,630
Number of bank offices		100			100			100			100			99			99			99			99			99			67			67			67

Note: Discussion of footnotes (1) and (2) are located at the end of this document.

Note: See the “Source of Information” Section Located at the End of this Document for a Discussion of the Data Included Herein.

First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)

	2007												2006															2005						2004
	Sept. 30 / YTD			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31 / YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31 / YTD			4th Quarter			Dec. 31 / YTD
Parent Company Data:
Parent investment in subsidiaries - end of period	$	870,126		$	870,126		$	873,854		$	891,359		$	887,908		$	887,908		$	907,510		$	882,891		$	698,823		$	604,112		$	604,112		$	596,428
Risk-Based Capital Data:
Tier 1 capital	$	600,083		$	600,083		$	610,872		$	603,885		$	598,755		$	598,755		$	578,809		$	554,405		$	541,291		$	581,393		$	581,393		$	550,310
Tier 2 capital		161,317			161,317			162,293			162,299			162,266			162,266			162,264			162,250			162,207			56,393			56,393			56,718
Total capital		761,400			761,400			773,165			766,184			761,021			761,021			741,073			716,655			703,498			637,786			637,786			607,028
Risk-adjusted assets	$	6,256,930		$	6,256,930		$	6,190,247		$	6,192,407		$	6,259,983		$	6,259,983		$	6,363,958		$	6,415,479		$	6,355,337		$	5,424,063		$	5,424,063		$	5,267,528
Tier 1 capital / risk-based assets		9.59	%		9.59	%		9.87	%		9.75	%		9.56	%		9.56	%		9.10	%		8.64	%		8.52	%		10.72	%		10.72	%		10.45	%
Total capital / risk-based assets		12.17	%		12.17	%		12.49	%		12.37	%		12.16	%		12.16	%		11.64	%		11.17	%		11.07	%		11.76	%		11.76	%		11.52	%
Leverage ratio		7.75	%		7.75	%		7.75	%		7.52	%		7.29	%		7.29	%		6.95	%		6.59	%		7.78	%		8.16	%		8.16	%		8.16	%
Tangible capital ratio		5.77	%		5.77	%		5.80	%		5.82	%		5.62	%		5.62	%		5.44	%		4.72	%		4.67	%		6.30	%		6.30	%		6.43	%
Tangible capital ratio, excluding OCI		6.25	%		6.25	%		6.26	%		6.03	%		5.81	%		5.81	%		5.46	%		5.11	%		4.94	%		6.41	%		6.41	%		6.28	%
Tangible equity / risk-based assets		7.01	%		7.01	%		7.28	%		7.47	%		7.32	%		7.32	%		7.10	%		6.17	%		6.19	%		8.26	%		8.26	%		8.26	%
Loan Performance Data:
Nonaccrual loans:
Commercial	$	7,440		$	7,440		$	8,815		$	9,318		$	8,803		$	8,803		$	9,424		$	9,841		$	10,803		$	9,092		$	9,092		$	11,267
Real estate - commercial		2,223			2,223			2,395			3,946			3,181			3,181			4,747			2,513			2,478			371			371			1,774
Real estate - construction		540			540			540			540			720			720			559			559			559			559			559			4,159
Real estate - 1-4 family		480			480			717			1,405			1,413			1,413			1,373			1,263			1,920			548			548			581
Direct consumer		1,972			1,972			2,324			2,197			1,920			1,920			1,199			1,090			1,225			1,244			1,244			1,250
Indirect consumer		116			116			136			176			172			172			157			181			193			176			176			166
Total nonaccrual loans		12,771			12,771			14,927			17,582			16,209			16,209			17,459			15,447			17,178			11,990			11,990			19,197
Renegotiated / restructured loans		—			—			—			—			—			—			—			—			—			—			—			—
Nonperforming loans		12,771			12,771			14,927			17,582			16,209			16,209			17,459			15,447			17,178			11,990			11,990			19,197
Foreclosed real estate		4,032			4,032			3,683			3,195			2,727			2,727			4,088			4,195			4,033			2,878			2,878			3,736
Nonperforming assets		16,803			16,803			18,610			20,777			18,936			18,936			21,547			19,642			21,211			14,868			14,868			22,933
Loans past due 90 days + and still accruing		21,421			21,421			19,633			15,603			12,810			12,810			11,296			14,185			10,693			8,958			8,958			2,658
Reserve for loan losses (RLL):
RLL	$	61,412		$	61,412		$	62,391		$	62,400		$	62,370		$	62,370		$	62,370		$	62,359		$	62,320		$	56,393		$	56,393		$	56,718
Loan loss provision		5,191			470			1,761			2,960			10,229			3,865			2,715			2,059			1,590			8,930			2,780			12,923
Net charge-offs by category:
Commercial		4,391			1,130			1,252			2,009			5,783			2,800			1,060			998			925			4,193			1,225			7,058
Real estate - commercial		105			5			41			59			1,394			278			511			546			59			1,167			608			1,370
Real estate - construction		214			—			18			196			—			—			—			—			—			—			—			355
Real estate - 1-4 family		145			9			10			126			138			9			49			52			28			96			—			108
Consumer		1,294			305			449			540			2,872			778			1,084			457			553			3,799			837			3,718
Total net charge-offs		6,149			1,449			1,770			2,930			10,187			3,865			2,704			2,053			1,565			9,255			2,670			12,609
NPA ratios:
Nonperforming loans / loans		0.26	%		0.26	%		0.30	%		0.35	%		0.32	%		0.32	%		0.34	%		0.31	%		0.34	%		0.28	%		0.28	%		0.46	%
Nonperforming assets /loans + foreclosed real estate		0.34	%		0.34	%		0.38	%		0.42	%		0.38	%		0.38	%		0.42	%		0.39	%		0.42	%		0.35	%		0.35	%		0.55	%
Nonperforming assets + loans past due 90 days
/ loans + foreclosed real estate		0.77	%		0.77	%		0.78	%		0.73	%		0.63	%		0.63	%		0.65	%		0.67	%		0.63	%		0.55	%		0.55	%		0.62	%
Nonperforming assets / total assets		0.21	%		0.21	%		0.23	%		0.25	%		0.22	%		0.22	%		0.25	%		0.23	%		0.24	%		0.21	%		0.21	%		0.33	%
Loan loss ratios:
RLL / loans		1.25	%		1.25	%		1.27	%		1.25	%		1.25	%		1.25	%		1.23	%		1.24	%		1.24	%		1.31	%		1.31	%		1.37	%
RLL / nonperforming loans		480.87	%		480.87	%		417.97	%		354.91	%		384.79	%		384.79	%		357.24	%		403.70	%		362.79	%		470.33	%		470.33	%		295.45	%
Net charge-offs to average net loans		0.17	%		0.12	%		0.14	%		0.24	%		0.21	%		0.30	%		0.21	%		0.16	%		0.15	%		0.22	%		0.25	%		0.30	%

Footnotes:

(1) Tax equivalent basis reflects federal and state tax benefits.

(2) Annualized based on the number of days outstanding for each period presented.

Source of Information:

The information and statistical data contained herein have been prepared by First Midwest Bancorp, Inc. and have been derived or calculated from selected quarterly and period-end historical financial statements prepared in accordance with accounting principles generally accepted in the United States. The balance sheet and income statement information contained herein as of each year end, and for the years then ended, are derived from financial statements and footnote information audited by Ernst & Young LLP, First Midwest's independent external auditors. The quarterly balance sheet and income statement information contained herein is derived from quarterly financial statements and footnote information upon which Ernst & Young LLP has rendered a Quarterly Review Report.

First Midwest Bancorp, Inc. is under no obligation to update, keep current or continue to provide the information contained herein. This information is provided solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or establish any business relationships with First Midwest Bancorp, Inc. or any of its subsidiaries.

3