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The FDIC and First Midwest Bank entered into a loss-share transaction on $343.8 million of Palos Bank and Trust Company's assets. First Midwest Bank assumed Waukegan Savings Bank's $77 million in deposits and $89 million in assets following its closure by the FDIC. The two Waukegan branches will open as First Midwest locations.
The Continental Illinois National Bank and Trust Company was at one time the seventh-largest commercial bank in the United States as measured by deposits, with approximately $40 billion in assets. In 1984, Continental Illinois became the largest ever bank failure in U.S. history, when a run on the bank led to its seizure by the Federal Deposit ...
First Busey Bank is a financial institution headquartered in Champaign, Illinois, and operates in Illinois, Indiana, and southwest Florida. It is owned by First Busey Holding, a financial holding company. The bank provides a comprehensive range of banking services, encompassing commercial, financial, agricultural, and real estate loans, as well ...
First Mid-Illinois (FMBH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further ...
First Mid-Illinois (FMBH) delivered earnings and revenue surprises of 30.44% and 3.26%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
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Neoga hosts a strong banking and finance industry, with First Mid Bank and Trust and First Neighbor Bank having locations within Neoga. These locally managed, regional banks, with assets in excess of $600,000,000 are capable of assisting in any development projects requiring capital investment.
First Mid-Illinois (FMBH) delivered earnings and revenue surprises of -4.26% and 4.01%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?