First Midwest Bancorp INC Stock: price and directors' dealings · United States · SEC (Form 4)

About First Midwest Bancorp INC

FIRST MIDWEST BANCORP INC was a U.S. regional banking holding company historically listed on the NASDAQ under the ticker FMBI. For French-speaking investors, the company is best understood as a classic Midwest banking franchise: a locally anchored financial institution focused on retail banking, commercial banking, and relationship-based lending to households, small businesses, and middle-market clients. The company was founded in 1982 in Illinois, and its headquarters were located in Chicago, near O’Hare Airport. ([en.wikipedia.org](https://en.wikipedia.org/wiki/First_Midwest_Bancorp?utm_source=openai)) Before it ceased to exist as an independent public issuer, First Midwest operated through First Midwest Bank and maintained a meaningful footprint across Illinois, with additional exposure in Indiana, Iowa, and Wisconsin. Its business model combined community-style deposit gathering with more specialized services for business customers, including commercial loans, real estate lending, treasury management, small-business financing, and deposit products. The franchise also offered wealth management, mortgage, private banking, and related fee-based services, which put it in competition with other regional banks serving the Chicago and broader Midwest corridor. ([en.wikipedia.org](https://en.wikipedia.org/wiki/First_Midwest_Bancorp?utm_source=openai)) From a competitive standpoint, First Midwest occupied the middle tier of U.S. regional banking: large enough to serve a broad client base and support a diversified product set, but still dependent on regional economic conditions, deposit competition, and credit performance. Its long-standing presence in the Chicago market was an asset, particularly for commercial relationship banking, but the company also faced pressure from larger national banks, other listed regionals, and increasingly digital competitors in both deposits and lending. ([en.wikipedia.org](https://en.wikipedia.org/wiki/First_Midwest_Bancorp?utm_source=openai)) The most important recent corporate event was the merger with Old National Bancorp. The transaction was announced in 2021 and completed on February 15, 2022, after which First Midwest was no longer an independent listed company. SEC Form 4 filings around that period largely reflect dispositions tied to the merger and the exchange of equity interests, which is highly relevant for any investor screening insider transactions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/702325/000112760222005659/xslF345X03/form4.xml?utm_source=openai)) In practical terms, FIRST MIDWEST BANCORP INC is now mainly a legacy name in U.S. regional banking rather than an active stand-alone investment case. Still, its profile remains instructive for investors analyzing the American banking sector: a 1982-founded Chicago-based lender, operating on the NASDAQ in the United States, built around commercial and retail banking, and ultimately consolidated in a broader industry M&A wave. ([en.wikipedia.org](https://en.wikipedia.org/wiki/First_Midwest_Bancorp?utm_source=openai))