| Business Summary | | Midwest
Banc
Holdings,
Inc.
is
a
community-based
bank
holding
company.
The
Company
provides
a
wide
range
of
services,
including
traditional
banking
services,
personal
and
corporate
trust
services,
residential
mortgage
services,
insurance
brokerage
and
retail
securities
brokerage
services.
The
Company's
principal
operating
subsidiaries
are
four
Illinois
community
banks:
Midwest
Bank
and
Trust
Company,
Midwest
Bank
of
Hinsdale,
Midwest
Bank
of
McHenry
County
and
Midwest
Bank
of
Western
Illinois
(collectively,
the
Banks).
In
addition,
one
of
the
Banks
has
a
non-bank
subsidiary
that
provides
insurance
and
investment
brokerage
services,
and
the
Company
has
one
non-bank
subsidiary
that
provides
data
processing
services.
The
Banks
are
community-oriented,
full-service
commercial
banks,
providing
traditional
banking
services
to
individuals,
small
to
medium-sized
businesses,
government
and
public
entities
and
not-for-profit
organizations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Midwest
Banc
Holdings
is
a
community-based
bank
holding
company
for
four
Illinois
community
banks.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
10%
to
$57
million.
Net
interest
income
after
loan
loss
prov.
fell
2%
to
$21.5
million.
Net
income
rose
14%
to
$8.1
million.
Net
interest
income
reflects
growth
in
earning
assets,
offset
by
increased
interest
earning
liabilities.
Earnings
reflect
increased
gains
on
securities
transactions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| E. Silveri, 70 Chairman | -- | Brad Luecke, 50 Pres,
CEO, Director, Vice Chairman and Chief Exec. Officer of the Bank | $347K | Daniel Kadolph, 38 CFO,
Sr. VP | -- | Edward Sibbald, 52 Exec.
VP of Marketing, Director of Investor Relations | 202K | Mary Ceas, 43 Sr.
VP of HR | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|