First Midwest Bancorp, Inc. FMBI Income Statement

First midwest bancorp, inc. (FMBI)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Interest Income
Loans
620,614	617,632	605,271	579,290	549,347	523,229	498,465	482,569	469,652	463,331	430,798	400,202	371,908	337,998	328,050	316,067	305,361	300,303	297,348	290,539	277,958	265,501	252,960	244,861	240,733	239,224	240,752	243,810	246,692	248,752	249,930	250,343	251,439	252,865	254,074	255,405	257,755	259,318	261,370	260,025	0	0	0
Covered loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,804	14,717	14,798	15,120	15,873	18,685	22,102	25,284	28,904	29,548	27,202	22,145	17,285	9,854	5,560	0	0	0
Investment securities
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-
Other short-term investments
8,837	8,314	7,395	6,227	5,571	4,794	4,962	4,745	4,573	4,520	4,072	3,696	3,188	2,873	2,967	3,242	3,494	3,738	3,696	3,333	3,165	3,131	3,026	3,173	3,262	3,326	3,585	3,385	3,189	3,021	2,793	2,979	3,045	3,083	3,032	2,923	2,757	2,463	2,080	1,762	0	0	0
Securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Securities held-to-maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total interest income
706,476	698,739	681,662	649,231	613,637	582,492	552,550	532,934	517,362	509,716	476,459	444,449	414,483	378,332	366,671	353,057	341,063	335,984	332,626	325,196	312,643	299,864	290,675	286,142	285,892	287,247	289,326	292,581	296,346	300,569	305,127	309,718	315,496	321,511	325,230	327,393	328,371	328,867	329,153	331,954	0	0	0
Interest Expense
Deposits
78,113	77,598	70,809	59,481	48,197	37,774	29,514	23,457	19,154	16,184	13,783	11,934	10,687	9,863	9,658	9,467	9,387	9,527	9,719	10,196	10,305	10,377	10,655	10,686	11,178	11,901	12,895	14,184	15,859	18,052	20,279	22,807	25,098	27,256	29,201	31,596	34,253	37,127	44,544	52,647	0	0	0
Borrowed funds
20,518	18,228	18,118	16,406	15,460	15,388	13,182	11,799	10,385	9,100	8,553	7,791	7,191	6,313	5,847	4,993	3,612	2,314	1,076	157	208	573	951	1,332	1,548	1,607	1,714	1,831	1,936	2,009	2,182	2,381	2,578	2,743	2,784	2,875	2,937	3,267	5,324	8,420	0	0	0
Senior and subordinated debt
14,812	14,431	13,983	13,352	12,897	12,708	12,530	12,488	12,453	12,428	13,426	12,948	12,431	12,465	11,487	11,988	12,534	12,545	12,426	12,309	12,191	12,062	12,348	12,768	13,187	13,607	13,751	14,006	14,217	14,840	14,442	13,031	11,664	9,892	9,124	9,123	9,124	9,124	10,534	11,958	0	0	0
Total interest expense
113,443	110,257	102,910	89,239	76,554	65,870	55,226	47,744	41,992	37,712	35,762	32,673	30,309	28,641	26,992	26,448	25,533	24,386	23,221	22,662	22,704	23,012	23,954	24,786	25,913	27,115	28,360	30,021	32,012	34,901	36,903	38,219	39,340	39,891	41,109	43,594	46,314	49,518	60,402	73,025	0	0	0
Net interest income
593,033	588,482	578,752	559,992	537,083	516,622	497,324	485,190	475,370	472,004	440,697	411,776	384,174	349,691	339,679	326,609	315,530	311,598	309,405	302,534	289,939	276,852	266,721	261,356	259,979	260,132	260,966	262,560	264,334	265,668	268,224	271,499	276,156	281,620	284,121	283,799	282,057	279,349	268,751	258,929	0	0	0
Provision for loan losses
73,115	44,027	44,244	42,994	43,117	47,854	46,067	44,928	41,553	31,290	28,573	28,462	28,308	30,983	30,176	24,278	22,193	21,152	18,311	24,938	24,279	19,168	17,509	11,552	12,024	16,257	21,850	128,871	145,516	158,052	174,361	82,995	79,300	80,582	132,577	145,728	148,491	147,349	111,452	114,138	0	0	0
Net interest income after provision for loan losses
519,918	544,455	534,508	516,998	493,966	468,768	451,257	440,262	433,817	440,714	412,124	383,314	355,866	318,708	309,503	302,331	293,337	290,446	291,094	277,596	265,660	257,684	249,212	249,804	247,955	243,875	239,116	133,689	118,818	107,616	93,863	188,504	196,856	201,038	151,544	138,071	133,566	132,000	157,299	144,791	0	0	0
Noninterest Income
Wealth management fees
49,098	48,337	46,804	45,363	44,154	43,512	43,528	43,075	42,619	41,321	38,729	37,055	35,172	33,071	32,189	30,916	29,707	29,162	28,413	27,912	27,031	26,474	25,932	25,229	24,803	24,185	23,573	22,970	22,238	21,791	21,253	20,820	20,663	20,324	23,056	21,802	20,267	18,807	14,578	14,321	0	0	0
Service charges on deposit accounts
49,665	49,424	49,387	48,741	48,603	48,715	48,377	48,560	48,655	48,368	46,394	44,541	42,557	40,665	40,653	40,464	40,181	39,979	39,691	39,074	38,161	36,910	36,154	35,724	35,869	36,526	36,956	36,986	36,716	36,699	36,967	37,680	38,395	37,879	37,124	36,158	35,647	35,884	36,728	37,166	0	0	0
Capital market products income
17,300	13,900	9,100	6,800	7,400	7,700	8,315	9,007	8,424	8,200	8,012	8,336	8,185	10,024	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Card-based fees
17,723	18,133	18,195	17,624	17,469	17,024	18,502	20,371	24,809	28,992	30,402	31,742	30,502	29,104	28,403	27,939	27,300	26,984	26,613	26,391	25,407	24,340	23,467	22,330	21,908	21,649	21,406	21,143	20,908	20,852	20,549	20,234	20,084	19,593	19,262	18,878	18,213	17,577	16,960	16,461	0	0	0
Mortgage banking income
10,889	10,105	7,275	5,866	5,701	7,094	8,142	8,731	8,640	8,131	9,316	10,464	10,682	10,162	8,402	6,410	5,986	5,741	4,776	4,499	4,019	4,011	4,256	4,404	4,455	5,306	4,445	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Merchant servicing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,806	0	0	0	-	-	-	-	-	-	-	-	-	-
Other service charges, commissions, and fees
10,011	9,940	9,670	9,433	9,488	9,425	1,972	3,931	6,949	9,843	9,101	9,977	9,723	9,542	7,532	9,018	9,278	8,848	9,712	7,871	6,564	5,855	7,667	7,933	7,585	7,663	14,896	10,506	7,488	4,486	-3,959	-812	2,242	5,021	13,271	13,914	14,299	14,494	17,954	17,043	0	0	0
Net securities losses
0	-	-	-	0	-	-	-	-	-	0	0	-	1,420	1,919	2,256	2,748	2,373	1,488	3,534	7,536	8,097	8,307	39,538	35,237	34,164	34,105	87	22	-921	-1,119	-453	927	2,410	4,182	10,109	9,699	12,216	3,579	3,838	0	0	0
BOLI income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	0	0	0	0	0
Total fee-based revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Net trading gains (losses)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	0	0
Other income
12,157	11,586	11,047	10,291	9,659	9,636	9,232	8,914	10,226	9,859	9,664	9,509	7,941	7,282	2,545	2,226	2,261	2,764	6,009	5,560	5,387	4,567	3,514	4,273	3,763	4,452	3,826	6,845	5,863	7,086	7,023	4,399	4,924	3,114	11,351	10,928	9,826	9,573	2,876	2,235	0	0	0
Net gain on sale-leaseback transaction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on termination of FHLB forward commitments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sales of properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on FDIC-assisted transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Total noninterest income
167,335	162,879	152,845	145,560	143,981	144,592	143,035	150,717	158,715	163,149	167,955	170,460	163,337	159,312	156,079	145,240	141,406	136,581	131,171	133,264	130,469	126,618	123,329	144,310	140,558	140,883	145,192	116,238	112,834	109,948	104,495	99,952	102,409	101,937	101,469	107,631	108,447	108,551	113,474	114,115	0	0	0
Noninterest Expense
Salaries and wages
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	123,612	114,543	105,231	105,578	101,654	103,295	101,703	100,632	102,237	97,890	94,361	90,118	87,132	0	0	0
Retirement and other employee benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,524	26,369	26,364	26,711	27,071	23,950	23,089	22,422	20,017	20,648	21,937	0	0	0
Salaries and employee benefits
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net occupancy and equipment expense
56,764	56,334	54,198	53,478	53,458	53,434	53,433	52,365	51,199	49,751	47,699	46,339	43,782	41,154	39,636	38,287	37,981	38,720	38,943	38,176	36,226	35,181	33,612	32,955	33,076	31,832	32,669	32,795	32,515	32,699	31,633	31,682	32,181	32,953	33,188	33,357	33,153	32,218	32,139	31,202	0	0	0
Professional services
43,244	39,941	35,963	34,357	32,188	32,681	31,438	31,992	32,806	33,689	33,211	31,485	27,665	25,122	24,101	23,501	23,531	22,720	23,267	22,787	23,156	23,436	22,364	22,189	22,093	21,922	26,745	27,893	29,203	29,614	27,225	28,131	26,866	26,356	22,854	21,470	21,482	22,903	22,148	19,686	0	0	0
Technology and related costs
22,036	19,758	21,089	20,790	20,719	19,220	19,016	18,758	18,406	18,068	16,937	16,313	15,497	14,765	14,945	14,737	14,595	14,581	14,331	13,911	13,488	12,875	12,415	12,146	11,926	11,335	11,582	11,504	11,471	11,846	11,491	11,294	11,140	10,905	11,238	11,122	11,210	11,070	10,091	9,640	0	0	0
Advertising and promotions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Federal Deposit Insurance Corporation Premium ("FDIC") Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,926	6,921	6,935	6,984	7,990	9,199	10,235	11,073	10,880	10,471	13,670	0	0	0
Net OREO expense
2,175	2,436	2,119	1,325	775	1,162	1,094	2,164	4,051	4,683	9,111	8,141	5,388	3,024	1,407	430	3,413	5,281	4,319	7,015	6,723	7,075	0	0	0	-	-	7,416	10,456	10,521	12,161	13,127	14,226	16,293	31,148	36,551	43,178	50,034	35,675	29,399	0	0	0
Other expenses
31,457	28,995	31,647	31,801	29,586	28,236	16,973	17,825	20,175	23,956	26,144	24,374	22,543	20,152	25,882	24,722	23,089	21,601	22,467	22,108	20,873	20,135	15,122	16,967	17,527	17,358	30,433	30,824	27,213	24,777	24,265	20,509	22,855	23,792	25,654	24,403	23,792	22,772	34,818	32,178	0	0	0
Acquisition and integration related expenses
23,700	21,900	26,140	22,800	13,300	9,600	37	361	1,535	20,100	27,665	28,453	27,897	14,352	8,199	7,027	6,409	1,389	3,748	4,578	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Delivering Excellence implementation costs
899	1,157	4,093	6,098	20,671	20,413	17,254	15,015	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total noninterest expense
456,616	441,395	435,475	423,557	422,831	416,303	407,801	408,514	394,849	415,909	406,252	391,950	373,553	339,500	333,574	325,051	317,148	307,216	305,301	301,249	292,815	283,826	263,792	258,181	255,591	256,737	265,550	270,971	269,701	267,500	260,484	254,537	259,099	261,904	272,387	276,988	278,724	278,779	258,345	248,801	0	0	0
Income before income tax expense
230,637	265,939	251,878	239,001	215,116	197,057	186,491	182,465	197,683	187,954	173,827	161,824	145,650	138,520	132,008	122,520	117,595	119,811	116,964	109,611	103,314	100,476	108,749	135,933	132,922	128,021	118,758	-21,044	-38,049	-49,936	-62,126	33,919	40,166	41,071	-19,374	-31,286	-36,711	-38,228	12,428	10,105	0	0	0
Income tax expense
57,351	66,201	62,853	51,169	44,698	39,187	67,682	78,773	88,641	89,567	57,069	54,899	48,408	46,171	44,053	39,683	37,451	37,747	36,631	34,013	31,790	31,170	34,871	51,281	50,594	48,715	45,401	-16,551	-23,745	-28,882	-34,780	3,796	5,755	4,508	-20,854	-26,409	-28,990	-28,544	-9,398	-11,799	0	0	0
Net income
173,286	199,738	189,025	187,832	170,418	157,870	118,809	103,692	109,042	98,387	116,758	106,925	97,242	92,349	87,955	82,837	80,144	82,064	80,333	75,598	71,524	69,306	73,878	84,652	82,328	79,306	73,357	-4,493	-14,304	-21,054	-27,346	30,123	34,411	36,563	1,480	-4,877	-7,721	-9,684	21,826	21,904	0	0	0
Per Common Share Data
Preferred dividends and accretion on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,776	10,328	10,317	10,308	10,299	10,287	10,278	0	0	0
Net income applicable to non-vested restricted shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	180	802	626	350	-451	-357	-322	-266	-156	-191	0	0	0
Net income applicable to common shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-29,893	24,182	25,864	25,437	-8,767	-15,019	-17,819	-19,717	11,383	11,435	0	0	0
Per Common Share Data
Basic earnings per common share (in dollars per share)
0.18	0.48	0.49	0.43	0.43	0.38	0.52	0.29	0.33	0.02	0.37	0.34	0.23	0.25	0.35	0.31	0.23	0.20	0.30	0.29	0.26	0.18	0.25	0.25	0.24	0.25	0.39	0.22	0.20	0.17	-0.65	0.09	0.11	0.05	0.09	0.11	0.10	-0.42	0.00	0.07	0.08	0.02	0.00
Diluted earnings per common share (in dollars per share)
0.18	0.47	0.49	0.43	0.43	0.38	0.52	0.29	0.33	0.02	0.37	0.34	0.23	0.25	0.35	0.31	0.23	0.20	0.30	0.29	0.26	0.18	0.25	0.25	0.24	0.25	0.39	0.22	0.20	0.17	-0.65	0.09	0.11	0.05	0.09	0.11	0.10	-0.42	0.00	0.07	0.08	0.02	0.00
Dividends declared per common share (in dollars per share)
0.14	-	0.14	0.14	0.12	-	0.11	0.11	0.11	-	0.10	0.10	0.09	-	0.09	0.09	0.09	-	0.09	0.09	0.09	-	0.08	0.08	0.07	-	0.04	0.04	0.01	-	0.01	0.01	0.01	-	0.01	0.01	0.01	-	0.01	0.01	0.01	0.01	0.01
Weighted-average common shares outstanding (in Shares)
109,922	109,106	109,281	108,467	105,770	105,141	102,178	102,159	101,922	101,786	101,752	101,743	100,411	80,429	80,396	80,383	77,980	77,123	77,106	77,089	76,918	75,126	74,341	74,322	74,147	74,029	74,023	74,017	73,867	73,754	73,742	73,659	73,505	73,385	73,361	73,259	73,151	73,119	73,072	73,028	70,469	48,942	48,501
Weighted-average diluted common shares outstanding (in Shares)
110,365	110,437	109,662	108,467	105,770	105,141	102,178	102,159	101,938	101,805	101,772	101,763	100,432	80,443	80,409	80,396	77,992	77,138	77,119	77,101	76,930	75,140	74,352	74,333	74,159	74,044	74,034	74,024	73,874	73,758	73,742	73,659	73,505	73,385	73,361	73,259	73,151	73,119	73,072	73,028	70,469	48,942	48,501