First Midwest Bancorp (ONBPP) 8-K Results of Operations and Financial Condition

Exhibit 99.2

First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)

	2012									2011															2010
	June 30/YTD			2nd Quarter			1st Quarter			Dec. 31/YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31/YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter
Period-End Balance Sheet
Assets:
Cash and cash equivalents	$	478,162		$	478,162		$	486,373		$	641,530		$	641,530		$	1,062,333		$	711,469		$	526,460		$	585,776		$	585,776		$	735,945		$	373,080		$	126,914
Securities available-for-sale	1,174,931			1,174,931			1,183,975			1,013,006			1,013,006			970,430			1,009,873			1,057,758			1,057,802			1,057,802			1,058,609			1,090,109			1,152,039
Securities held-to-maturity	60,933			60,933			56,319			60,458			60,458			74,375			76,142			81,218			81,320			81,320			85,687			87,843			90,449
FHLB and FRB stock	46,750			46,750			46,750			58,187			58,187			58,187			58,187			61,338			61,338			61,338			62,038			59,864			59,428
Loans held-for-sale	—			—			1,500			4,200			4,200			4,620			1,595			3,800			236			236			1,168			—			—
Commercial and industrial	1,597,427			1,597,427			1,496,966			1,458,446			1,458,446			1,476,034			1,518,772			1,493,465			1,465,903			1,465,903			1,472,439			1,494,119			1,454,714
Agricultural	272,742			272,742			237,686			243,776			243,776			250,436			237,518			234,898			227,756			227,756			212,800			199,597			200,527
Commercial real estate:
Office, retail, and industrial	1,391,129			1,391,129			1,366,899			1,299,082			1,299,082			1,263,315			1,229,100			1,205,880			1,203,613			1,203,613			1,215,649			1,220,191			1,239,583
Multi-family	308,250			308,250			301,356			288,336			288,336			317,313			336,138			344,645			349,862			349,862			350,458			369,281			348,178
Residential construction	88,908			88,908			99,768			105,836			105,836			116,283			129,327			151,887			174,690			174,690			226,126			241,094			276,322
Commercial construction	147,626			147,626			142,307			144,909			144,909			145,889			146,679			153,392			164,472			164,472			193,041			202,041			233,662
Other commercial real estate	817,071			817,071			829,005			888,146			888,146			877,241			852,966			850,334			856,357			856,357			837,877			831,723			790,502
1-4 family mortgages	237,341			237,341			217,729			201,099			201,099			189,587			185,002			178,538			160,890			160,890			150,110			145,457			139,840
Consumer	437,532			437,532			445,612			458,483			458,483			468,396			477,409			482,504			497,017			497,017			506,166			504,844			512,546
Total loans, excluding covered loans	5,298,026			5,298,026			5,137,328			5,088,113			5,088,113			5,104,494			5,112,911			5,095,543			5,100,560			5,100,560			5,164,666			5,208,347			5,195,874
Covered loans	230,047			230,047			251,376			260,502			260,502			289,747			314,942			349,446			371,729			371,729			396,121			164,924			144,369
Allowance for loan losses	(116,182		)	(116,182		)	(116,264		)	(119,462		)	(119,462		)	(128,791		)	(137,331		)	(142,503		)	(142,572		)	(142,572		)	(144,569		)	(145,027		)	(144,824		)
Net loans	5,411,891			5,411,891			5,272,440			5,229,153			5,229,153			5,265,450			5,290,522			5,302,486			5,329,717			5,329,717			5,416,218			5,228,244			5,195,419
Other real estate owned	28,309			28,309			35,276			33,975			33,975			23,863			24,407			33,863			31,069			31,069			52,044			57,023			62,565
Covered other real estate owned	9,136			9,136			16,990			23,455			23,455			21,594			14,583			21,543			22,370			22,370			24,222			10,657			8,649
FDIC indemnification asset	58,302			58,302			58,488			65,609			65,609			63,508			95,752			85,386			95,899			95,899			95,641			75,991			54,591
Investment in bank owned life insurance	206,572			206,572			206,304			206,235			206,235			205,886			198,149			197,889			197,644			197,644			198,666			198,399			198,201
Goodwill and other intangible assets	281,981			281,981			282,815			283,650			283,650			283,163			284,120			285,077			286,033			286,033			287,173			281,255			280,477
Other assets	342,388			342,388			340,772			354,136			354,136			346,765			364,592			379,791			389,098			389,098			350,412			342,624			364,175
Total assets	$	8,099,355		$	8,099,355		$	7,988,002		$	7,973,594		$	7,973,594		$	8,380,174		$	8,129,391		$	8,036,609		$	8,138,302		$	8,138,302		$	8,367,823		$	7,805,089		$	7,592,907
Liabilities and Stockholders’ Equity:
Demand deposits	$	1,727,009		$	1,727,009		$	1,637,593		$	1,593,773		$	1,593,773		$	1,634,623		$	1,494,390		$	1,346,698		$	1,329,505		$	1,329,505		$	1,284,940		$	1,188,356		$	1,129,777
Interest-bearing deposits	4,900,734			4,900,734			4,848,770			4,885,402			4,885,402			4,991,985			5,001,159			5,073,196			5,181,971			5,181,971			5,392,319			4,935,209			4,734,327
Total deposits	6,627,743			6,627,743			6,486,363			6,479,175			6,479,175			6,626,608			6,495,549			6,419,894			6,511,476			6,511,476			6,677,259			6,123,565			5,864,104
Borrowed funds	189,524			189,524			202,155			205,371			205,371			386,429			272,024			273,342			303,974			303,974			323,077			328,470			387,163
Senior and subordinated debt	231,138			231,138			231,106			252,153			252,153			137,751			137,748			137,746			137,744			137,744			137,741			137,739			137,737
Other liabilities	72,398			72,398			95,677			74,308			74,308			77,476			82,828			81,925			73,063			73,063			69,687			59,803			60,135
Stockholders’ equity	978,552			978,552			972,701			962,587			962,587			1,151,910			1,141,242			1,123,702			1,112,045			1,112,045			1,160,059			1,155,512			1,143,768
Total liabilities and stockholders’ equity	$	8,099,355		$	8,099,355		$	7,988,002		$	7,973,594		$	7,973,594		$	8,380,174		$	8,129,391		$	8,036,609		$	8,138,302		$	8,138,302		$	8,367,823		$	7,805,089		$	7,592,907
Stockholders’ equity, excluding OCI	$	990,419		$	990,419		$	983,620		$	975,863		$	975,863		$	1,163,323		$	1,156,581		$	1,148,075		$	1,139,784		$	1,139,784		$	1,169,262		$	1,168,315		$	1,162,646
Stockholders’ equity, common	978,552			978,552			972,701			962,587			962,587			958,910			948,242			930,702			919,045			919,045			967,059			962,512			950,768
Stockholders’ equity, common excluding OCI	990,419			990,419			983,620			975,863			975,863			970,323			963,581			955,075			946,784			946,784			976,262			975,315			969,646
Stockholders’ equity, preferred	—			—			—			—			—			193,000			193,000			193,000			193,000			193,000			193,000			193,000			193,000
Average Balance Sheet
Total assets	$	8,035,466		$	8,113,742		$	7,957,191		$	8,159,906		$	8,142,503		$	8,229,780		$	8,171,095		$	8,094,951		$	8,024,654		$	8,314,634		$	8,203,617		$	7,905,364		$	7,665,781
Investment securities	1,201,053			1,238,767			1,163,338			1,110,619			1,069,844			1,057,075			1,150,221			1,166,991			1,207,036			1,139,127			1,178,794			1,213,455			1,298,832
FHLB and FRB stock	49,641			46,750			52,531			59,352			58,187			58,187			59,745			61,338			60,249			61,703			60,998			59,758			58,495
Total loans, excluding covered loans	5,151,615			5,213,944			5,089,286			5,101,621			5,085,792			5,136,130			5,108,234			5,075,840			5,191,154			5,155,416			5,207,419			5,204,566			5,197,499
Covered loans and FDIC indemnification asset	307,855			297,141			318,569			398,559			343,479			387,635			420,108			444,242			323,595			480,612			367,727			233,907			208,663
Other earning assets	456,249			448,126			464,373			639,984			732,051			758,030			582,570			483,252			382,023			609,391			464,793			314,480			55,275
Total interest-earning assets	$	7,166,413		$	7,244,728		$	7,088,097		$	7,310,135		$	7,289,353		$	7,397,057		$	7,320,878		$	7,231,663		$	7,164,057		$	7,446,249		$	7,279,731		$	7,026,166		$	6,818,764
Demand deposits	$	1,694,526		$	1,797,854		$	1,591,198		$	1,498,900		$	1,613,221		$	1,569,671		$	1,465,438		$	1,342,013		$	1,224,629		$	1,348,188		$	1,242,257		$	1,181,097		$	1,124,320
Interest-bearing demand deposits	552			718			386			6			24			—			—			—			—
Savings deposits	1,019,027			1,042,099			995,955			934,937			952,962			940,151			944,802			901,205			815,371			864,334			832,672			803,353			759,786
NOW accounts	1,057,410			1,063,336			1,051,484			1,091,178			1,062,969			1,129,893			1,126,913			1,044,280			1,082,774			1,075,642			1,173,347			1,157,246			922,179
Money market deposits	1,180,520			1,176,723			1,184,316			1,230,090			1,237,600			1,236,546			1,205,736			1,240,439			1,199,362			1,302,325			1,226,314			1,155,889			1,110,519
Transactional deposits	4,952,035			5,080,730			4,823,339			4,755,111			4,866,776			4,876,261			4,742,889			4,527,937			4,322,136			4,590,489			4,474,590			4,297,585			3,916,804
Time deposits	1,585,167			1,548,410			1,621,926			1,792,009			1,688,995			1,731,413			1,813,164			1,937,890			1,991,637			2,069,389			2,022,721			1,916,116			1,956,745
Total deposits	6,537,202			6,629,140			6,445,265			6,547,120			6,555,771			6,607,674			6,556,053			6,465,827			6,313,773			6,659,878			6,497,311			6,213,701			5,873,549
Borrowed funds	199,741			195,934			203,548			265,702			252,839			262,001			262,525			285,847			359,174			281,050			337,905			342,808			477,323
Senior and subordinated debt	239,678			231,123			248,232			150,285			187,488			137,749			137,747			137,745			137,739			137,743			137,740			137,738			137,736
Total funding sources	$	6,976,621		$	7,056,197		$	6,897,045		$	6,963,107		$	6,996,098		$	7,007,424		$	6,956,325		$	6,889,419		$	6,810,686		$	7,078,671		$	6,972,956		$	6,694,247		$	6,488,608
Stockholders’ equity	$	973,710		$	977,054		$	970,368		$	1,119,523		$	1,072,684		$	1,148,548		$	1,134,770		$	1,122,315		$	1,148,219		$	1,156,263		$	1,163,661		$	1,152,394		$	1,119,866
Stockholders’ equity, common	973,710			977,054			970,368			947,145			961,500			955,548			941,770			929,315			955,219			963,263			970,661			959,394			926,866
Stockholders’ equity, preferred	—			—			—			172,378			111,184			193,000			193,000			193,000			193,000			193,000			193,000			193,000			193,000

First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)

	2012									2011															2010
	June 30/YTD			2nd Quarter			1st Quarter			Dec. 31/YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31/YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter
Income Statement
Interest income	$	150,786		$	75,518		$	75,268		$	321,511		$	78,757		$	80,175		$	81,296		$	81,283		$	328,867		$	82,476		$	82,338		$	82,274		$	81,779
Interest expense	18,900			8,814			10,086			39,891			9,679			9,640			9,935			10,637			49,518			10,897			12,125			12,655			13,841
Net interest income	131,886			66,704			65,182			281,620			69,078			70,535			71,361			70,646			279,349			71,579			70,213			69,619			67,938
Provision for loan losses	40,668			22,458			18,210			80,582			21,902			20,425			18,763			19,492			147,349			73,897			33,576			21,526			18,350
Service charges on deposit accounts	17,508			8,848			8,660			37,879			9,957			10,215			9,563			8,144			35,884			9,202			9,249			9,052			8,381
Wealth management fees	10,786			5,394			5,392			20,323			5,052			4,982			5,236			5,053			18,806			4,943			4,714			4,620			4,529
Other service charges, commissions, and fees	7,617			4,097			3,520			16,387			3,877			4,289			4,244			3,977			14,495			3,603			3,946			3,710			3,236
Card-based fees	10,332			5,312			5,020			19,593			4,971			4,931			5,162			4,529			17,577			4,640			4,547			4,497			3,893
Total fee-based revenue	46,243			23,651			22,592			94,182			23,857			24,417			24,205			21,703			86,762			22,388			22,456			21,879			20,039
Bank owned life insurance income	652			404			248			2,231			241			1,479			259			252			1,560			696			267			349			248
Security gains (losses), net	(792		)	151			(943		)	2,410			(110		)	449			1,531			540			12,216			1,662			6,376			1,121			3,057
Gains on FDIC-assisted transactions	—			—			—			—			—			—			—			—			4,303			—			—			4,303			—
Gain on acquisition of deposits	—			—			—			1,076			1,076			—			—			—			—			—			—			—			—
Gains on early extinguishment of debt	256			—			256			—			—			—			—			—			—			—			—			—			—
Other	2,367			(169		)	2,536			2,038			1,571			(1,754		)	499			1,722			3,710			1,421			1,654			(342		)	977
Total noninterest income	48,726			24,037			24,689			101,937			26,635			24,591			26,494			24,217			108,551			26,167			30,753			27,310			24,321
Salaries and employee benefits	63,616			29,566			34,050			128,774			35,220			29,182			31,554			32,818			114,378			31,028			29,926			26,540			26,884
Net occupancy and equipment expense	15,844			7,513			8,331			32,953			7,681			8,157			8,012			9,103			32,218			7,916			8,326			7,808			8,168
FDIC premiums	3,378			1,659			1,719			7,990			1,758			1,799			1,708			2,725			10,880			2,967			2,835			2,546			2,532
Write-downs and losses on sales of OREO	2,830			2,527			303			9,686			1,425			2,611			3,423			2,227			40,480			15,412			8,265			8,924			7,879
Other real estate expense, net	3,158			1,597			1,561			6,607			1,540			1,563			1,800			1,704			9,554			2,408			1,312			2,926			2,908
Other intangibles amortization	1,668			834			834			3,802			932			957			956			957			4,278			1,139			1,107			1,029			1,003
Other expenses	33,276			17,461			15,815			72,092			18,035			19,907			18,266			15,884			66,991			16,204			17,006			17,682			16,099
Total noninterest expense	123,770			61,157			62,613			261,904			66,591			64,176			65,719			65,418			278,779			77,074			68,777			67,455			65,473
Income before income tax	16,174			7,126			9,048			41,071			7,220			10,525			13,373			9,953			(38,228		)	(53,225		)	(1,387		)	7,948			8,436
Income tax	1,917			761			1,156			4,508			296			1,583			2,720			(91		)	(28,544		)	(25,066		)	(3,972		)	139			355
Net income	$	14,257		$	6,365		$	7,892		$	36,563		$	6,924		$	8,942		$	10,653		$	10,044		$	(9,684	)	$	(28,159	)	$	2,585		$	7,809		$	8,081
Net income applicable to common shares	$	14,042		$	6,289		$	7,753		$	25,437		$	3,877		$	6,263		$	7,971		$	7,326		$	(19,717	)	$	(30,327	)	$	11		$	5,171		$	5,428
Basic earnings per common share	0.19			0.09			0.11			0.35			0.05			0.09			0.11			0.10			(0.27		)	(0.41		)	0.00			0.07			0.08
Diluted earnings per common share	0.19			0.09			0.11			0.35			0.05			0.09			0.11			0.10			(0.27		)	(0.41		)	0.00			0.07			0.08
Weighted average shares outstanding	73,739			73,659			73,505			73,289			73,382			73,361			73,259			73,151			72,422			73,085			73,072			73,028			70,469
Weighted average diluted shares outstanding	73,739			73,659			73,505			73,289			73,382			73,361			73,259			73,151			72,422			73,085			73,072			73,028			70,469
Tax equivalent adjustment (1)	$	6,616		$	3,324		$	3,292		$	13,818		$	3,339		$	3,395		$	3,517		$	3,567		$	16,312		$	3,742		$	4,053		$	4,265		$	4,252
Net interest income (FTE) (1)	138,502			70,028			68,474			295,438			72,417			73,930			74,878			74,213			295,661			75,321			74,266			73,884			72,190
Common stock and related per common share data:
Book value	$	13.07		$	13.07		$	12.99		$	12.93		$	12.93		$	12.87		$	12.73		$	12.49		$	12.40		$	12.40		$	13.06		$	13.00		$	12.84
Tangible book value	9.30			9.30			9.21			9.12			9.12			9.07			8.92			8.66			8.54			8.54			9.18			9.20			9.05
Dividends declared per share	0.02			0.01			0.01			0.04			0.01			0.01			0.01			0.01			0.04			0.01			0.01			0.01			0.01
Market price - period high	12.87			12.25			12.87			13.48			10.31			12.72			13.48			13.07			17.95			13.13			13.43			17.95			14.43
Market price - period low	9.42			9.42			10.25			6.89			6.89			7.22			11.05			10.79			9.26			9.26			10.72			12.10			10.37
Closing price at period end	10.98			10.98			11.98			10.13			10.13			7.32			12.29			11.79			11.52			11.52			11.53			12.16			13.55
Closing price to book value	0.8			0.8			0.9			0.8			0.8			0.6			1.0			0.9			0.9			0.9			0.9			0.9			1.1
Period end shares outstanding	74,862			74,862			74,898			74,435			74,435			74,485			74,473			74,543			74,096			74,096			74,057			74,049			74,046
Period end treasury shares	10,925			10,925			10,889			11,352			11,352			11,302			11,314			11,244			11,691			11,691			11,730			11,738			11,741
Number of shares repurchased	—			—			—			—			—			—			—			—			—			—			—			—			—
Common dividends	$	1,494		$	745		$	749		$	2,978		$	744		$	745		$	743		$	746		$	2,965		$	741		$	743		$	741		$	740
Preferred dividends	—			—			—			8,658			1,420			2,413			2,412			2,413			9,650			2,413			2,412			2,412			2,413
Other Key Ratios/Data:
Return on average common equity (2)	2.90		%	2.59		%	3.21		%	2.69		%	1.60		%	2.60		%	3.39		%	3.20		%	-2.06		%	-12.49		%	0.00		%	2.16		%	2.38		%
Return on average assets (2)	0.36		%	0.32		%	0.40		%	0.45		%	0.34		%	0.43		%	0.52		%	0.50		%	-0.12		%	-1.34		%	0.13		%	0.40		%	0.43		%
Net interest margin (1)	3.88		%	3.88		%	3.88		%	4.04		%	3.95		%	3.97		%	4.10		%	4.15		%	4.13		%	4.02		%	4.05		%	4.21		%	4.28		%
Yield on average earning assets (1)	4.41		%	4.37		%	4.45		%	4.59		%	4.47		%	4.49		%	4.64		%	4.75		%	4.82		%	4.60		%	4.72		%	4.94		%	5.10		%
Cost of funds	0.72		%	0.67		%	0.76		%	0.73		%	0.71		%	0.70		%	0.73		%	0.78		%	0.89		%	0.75		%	0.84		%	0.92		%	1.05		%
Efficiency ratio (1)	62.58		%	60.56		%	64.62		%	62.12		%	64.76		%	60.57		%	60.49		%	62.70		%	58.84		%	59.08		%	59.91		%	57.92		%	58.41		%
Net noninterest expense ratio (2)	1.86		%	1.85		%	1.88		%	2.00		%	1.99		%	1.93		%	2.00		%	2.09		%	2.33		%	2.51		%	2.15		%	2.31		%	2.34		%
Effective income tax rate	11.85		%	10.68		%	12.78		%	10.98		%	4.10		%	15.04		%	20.34		%	-0.91		%	74.67		%	47.09		%	286.37		%	1.75		%	4.21		%
Full time equivalent employees - end of period	1,758			1,758			1,757			1,791			1,791			1,833			1,846			1,845			1,838			1,838			1,884			1,762			1,729
Number of bank offices	98			98			98			98			98			96			96			97			98			98			100			95			94
Number of automated teller machines	132			132			132			132			132			133			135			136			137			137			129			131			129

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

First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)

	2012									2011															2010
	June 30/YTD			2nd Quarter			1st Quarter			Dec. 31/YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31/YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter
Pre-Tax, Pre-Provision Operating Earnings
Income before income tax	$	16,174		$	7,126		$	9,048		$	41,071		$	7,220		$	10,525		$	13,373		$	9,953		$	(38,228	)	$	(53,225	)	$	(1,387	)	$	7,948		$	8,436
Provision for credit losses	40,668			22,458			18,210			80,582			21,902			20,425			18,763			19,492			147,349			73,897			33,576			21,526			18,350
Pre-tax, pre-provision earnings	56,842			29,584			27,258			121,653			29,122			30,950			32,136			29,445			109,121			20,672			32,189			29,474			26,786
Adjustments to Pre-Tax, Pre-Provision Operating Earnings:
Security gains (losses), net	(792		)	151			(943		)	2,410			(110		)	449			1,531			540			12,216			1,662			6,376			1,121			3,057
Gains on FDIC-assisted transactions	—			—			—			—			—			—			—			—			4,303			—			—			4,303			—
Gain on acquisition of deposits	—			—			—			1,076			1,076			—			—			—			—			—			—			—			—
Gains on early extinguishment of debt	256			—			256			—			—			—			—			—			—			—			—			—			—
BOLI write-downs	—			—			—			—			—			—			—			—			—			—			—			—			—
Write-downs and losses on sales of OREO	(2,830		)	(2,527		)	(303		)	(9,686		)	(1,425		)	(2,611		)	(3,423		)	(2,227		)	(40,480		)	(15,412		)	(8,265		)	(8,924		)	(7,879		)
Severance-related costs	(315		)	—			(315		)	(2,000		)	(2,000		)	—			—			—			—			—			—			—			—
Integration costs associated with FDIC-assisted transactions	—			—			—			—			—			—			—			—			(3,324		)	(576		)	(847		)	(1,772		)	(129		)
Total adjustments	(3,681		)	(2,376		)	(1,305		)	(8,200		)	(2,459		)	(2,162		)	(1,892		)	(1,687		)	(27,285		)	(14,326		)	(2,736		)	(5,272		)	(4,951		)
Pre-tax, pre-provision operating earnings	$	60,523		$	31,960		$	28,563		$	129,853		$	31,581		$	33,112		$	34,028		$	31,132		$	136,406		$	34,998		$	34,925		$	34,746		$	31,737
Parent Company Data:
Parent investment in subsidiaries - end of period	$	1,158,841		$	1,158,841		$	1,150,670		$	1,135,894		$	1,135,894		$	1,181,190		$	1,174,139		$	1,190,525		$	1,173,342		$	1,173,342		$	1,216,074		$	1,204,551		$	1,188,859
Risk-Based Capital Data:
Preferred stock	$	—		$	—		$	—		$	—		$	—		$	191,393		$	191,220		$	191,050		$	190,882		$	190,882		$	190,716		$	190,553		$	190,392
Common stock	858			858			858			858			858			858			858			858			858			858			858			858			858
Accumulated paid in capital	414,665			414,665			413,742			428,001			428,001			425,647			424,877			422,405			437,550			437,550			436,774			435,605			434,704
Retained earnings	823,250			823,250			817,630			810,487			810,487			807,334			801,723			794,395			787,678			787,678			819,157			819,890			815,395
Treasury stock	(248,354		)	(248,354		)	(248,610		)	(263,483		)	(263,483		)	(261,909		)	(262,097		)	(260,633		)	(277,184		)	(277,184		)	(278,243		)	(278,591		)	(278,703		)
Trust preferred securities	64,265			64,265			64,265			84,730			84,730			84,730			84,730			84,730			84,730			84,730			84,730			84,730			84,730
Unrealized loss on equity securities	—			—			—			—			—			—			—			—			—			—			—			—			—
Intangible assets	(281,981		)	(281,981		)	(282,815		)	(283,650		)	(283,650		)	(283,163		)	(284,120		)	(285,077		)	(286,033		)	(286,033		)	(287,173		)	(281,255		)	(280,477		)
Disallowed deferred tax assets	(54,178		)	(54,178		)	(50,602		)	(52,080		)	(52,080		)	(44,858		)	(41,363		)	(43,392		)	(41,071		)	(41,071		)	(13,662		)	(1,761		)	—
Tier 1 capital	718,525			718,525			714,468			724,863			724,863			920,032			915,828			904,336			897,410			897,410			953,158			970,030			966,902
Tier 2 capital	131,130			131,130			129,330			129,098			129,098			129,277			129,595			130,033			130,351			130,351			131,564			130,949			131,114
Total capital	$	849,655		$	849,655		$	843,798		$	853,961		$	853,961		$	1,049,309		$	1,045,423		$	1,034,369		$	1,027,761		$	1,027,761		$	1,084,722		$	1,100,979		$	1,098,016
Risk-adjusted assets	$	6,409,112		$	6,409,112		$	6,263,673		$	6,241,191		$	6,241,191		$	6,244,070		$	6,261,928		$	6,291,987		$	6,317,744		$	6,317,744		$	6,416,082		$	6,361,397		$	6,372,521
Tier 1 common capital	654,260			654,260			650,203			640,133			640,133			642,302			638,098			626,606			619,680			619,680			675,428			692,300			689,172
Tangible common equity	696,571			696,571			689,886			678,937			678,937			675,747			664,122			645,625			633,012			633,012			679,886			681,257			670,291
Tangible common equity excluding OCI	708,438			708,438			700,805			692,213			692,213			687,160			679,461			669,998			660,751			660,751			689,089			694,060			689,169
Adjusted average assets	7,772,866			7,772,866			7,620,777			7,813,637			7,813,637			7,909,645			7,862,447			7,795,603			8,002,186			8,002,186			7,909,998			7,640,068			7,404,963
Total capital / risk-weighted assets	13.26		%	13.26		%	13.47		%	13.68		%	13.68		%	16.80		%	16.69		%	16.44		%	16.27		%	16.27		%	16.91		%	17.31		%	17.23		%
Tier 1 capital / risk-weighted assets	11.21		%	11.21		%	11.41		%	11.61		%	11.61		%	14.73		%	14.63		%	14.37		%	14.20		%	14.20		%	14.86		%	15.25		%	15.17		%
Leverage ratio	9.24		%	9.24		%	9.38		%	9.28		%	9.28		%	11.63		%	11.65		%	11.60		%	11.21		%	11.21		%	12.05		%	12.70		%	13.06		%
Tier 1 common capital / risk-weighted assets	10.21		%	10.21		%	10.38		%	10.26		%	10.26		%	10.29		%	10.19		%	9.96		%	9.81		%	9.81		%	10.53		%	10.88		%	10.81		%
Tangible common equity ratio	8.91		%	8.91		%	8.95		%	8.83		%	8.83		%	8.35		%	8.47		%	8.33		%	8.06		%	8.06		%	8.41		%	9.05		%	9.17		%
Tangible common equity ratio, excluding OCI	9.06		%	9.06		%	9.10		%	9.00		%	9.00		%	8.49		%	8.66		%	8.64		%	8.41		%	8.41		%	8.53		%	9.22		%	9.42		%
Tangible common equity / risk-weighted assets	10.87		%	10.87		%	11.01		%	10.88		%	10.88		%	10.82		%	10.61		%	10.26		%	10.02		%	10.02		%	10.60		%	10.71		%	10.52		%

First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)

	2012									2011															2010
	June 30/YTD			2nd Quarter			1st Quarter			Dec. 31/YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31/YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter
Asset Quality Performance Data:
Ending loans, excluding covered loans	$	5,298,026		$	5,298,026		$	5,137,328		$	5,088,113		$	5,088,113		$	5,104,494		$	5,112,911		$	5,095,543		$	5,100,560		$	5,100,560		$	5,164,666		$	5,208,347		$	5,195,874
Average loans, excluding covered loans	5,151,615			5,213,944			5,089,286			5,101,621			5,085,792			5,136,130			5,108,234			5,075,840			5,191,154			5,155,416			5,207,419			5,204,566			5,197,499
Non-performing loans:
Commercial and industrial	$	55,358		$	55,358		$	55,158		$	44,152		$	44,152		$	30,507		$	44,393		$	54,561		$	50,088		$	50,088		$	40,955		$	39,942		$	38,095
Agricultural	1,293			1,293			882			1,019			1,019			2,977			1,009			1,171			2,497			2,497			3,495			1,139			2,532
Commercial real estate:
Office, retail, and industrial	46,629			46,629			34,831			30,043			30,043			24,728			16,567			16,753			19,573			19,573			21,721			17,170			18,204
Multi-family	8,843			8,843			9,615			6,487			6,487			18,196			23,385			6,787			6,203			6,203			6,813			7,904			8,349
Residential construction	17,500			17,500			21,104			18,076			18,076			20,911			23,576			36,326			52,122			52,122			61,050			71,148			93,412
Commercial construction	21,981			21,981			20,297			23,347			23,347			15,672			21,449			20,980			28,685			28,685			21,471			20,457			20,023
Other commercial real estate	34,192			34,192			43,137			51,447			51,447			45,727			36,984			38,732			40,605			40,605			44,516			21,950			21,806
1-4 family mortgages	5,466			5,466			5,648			5,322			5,322			4,648			4,577			3,362			3,902			3,902			3,310			5,706			5,826
Consumer	7,246			7,246			8,873			7,432			7,432			7,823			5,555			7,891			8,107			8,107			8,035			8,273			7,826
Total non-accrual loans	198,508			198,508			199,545			187,325			187,325			171,189			177,495			186,563			211,782			211,782			211,366			193,689			216,073
Loans past due 90 days and still accruing	8,192			8,192			7,674			9,227			9,227			6,008			6,502			5,231			4,244			4,244			9,136			6,280			7,995
Total non-performing loans	206,700			206,700			207,219			196,552			196,552			177,197			183,997			191,794			216,026			216,026			220,502			199,969			224,068
Restructured, accruing loans	7,811			7,811			2,076			17,864			17,864			7,033			14,529			14,120			22,371			22,371			11,002			9,030			5,168
Other real estate owned	28,309			28,309			35,276			33,975			33,975			23,863			24,407			33,863			31,069			31,069			52,044			57,023			62,565
Total non-performing assets	$	242,820		$	242,820		$	244,571		$	248,391		$	248,391		$	208,093		$	222,933		$	239,777		$	269,466		$	269,466		$	283,548		$	266,022		$	291,801
Loans past due 30-89 days and still accruing	23,597			23,597			21,241			27,495			27,495			34,061			30,424			28,927			23,646			23,646			41,590			32,012			28,018
Allowance for credit losses:
Allowance for loan losses	$	116,182		$	116,182		$	116,264		$	119,462		$	119,462		$	128,791		$	137,331		$	142,503		$	142,572		$	142,572		$	144,569		$	145,027		$	144,824
Reserve for unfunded commitments	2,500			2,500			2,500			2,500			2,500			2,500			2,500			2,500			2,500			2,500			450			450			—
Total allowance for credit losses	$	118,682		$	118,682		$	118,764		$	121,962		$	121,962		$	131,291		$	139,831		$	145,003		$	145,072		$	145,072		$	145,019		$	145,477		$	144,824
Provision for loan losses	$	40,668		$	22,458		$	18,210		$	80,582		$	21,902		$	20,425		$	18,763		$	19,492		$	147,349		$	73,897		$	33,576		$	21,526		$	18,350
Net charge-offs by category:
Commercial and industrial	$	13,394		$	5,870		$	7,524		$	27,788		$	8,910		$	10,165		$	5,585		$	3,128		$	30,602		$	10,198		$	13,262		$	2,679		$	4,463
Agricultural	(32		)	18			(50		)	1,469			484			177			799			9			1,301			125			489			546			141
Commercial real estate:
Office, retail, and industrial	4,928			2,263			2,665			8,114			3,779			2,543			609			1,183			9,710			2,888			2,825			2,353			1,644
Multi-family	322			313			9			14,174			4,803			2,170			6,652			549			2,425			1,206			222			485			512
Residential construction	4,061			3,598			463			11,065			2,498			2,250			899			5,418			54,841			35,935			4,460			9,994			4,452
Commercial construction	2,786			2,616			170			6,182			1,673			4,115			133			261			8,356			7,743			228			115			270
Other commercial real estate	11,111			2,934			8,177			14,888			3,002			4,421			2,107			5,358			28,375			12,202			10,217			1,507			4,449
1-4 family mortgages	460			250			210			1,102			196			320			340			246			982			238			363			261			120
Consumer	4,210			2,244			1,966			8,999			2,199			1,780			2,703			2,317			8,918			2,374			1,979			2,282			2,283
Net charge-offs, excluding covered assets	41,240			20,106			21,134			93,781			27,544			27,941			19,827			18,469			145,510			72,909			34,045			20,222			18,334
Charge-offs on covered assets	2,708			2,434			274			9,911			3,687			1,024			4,108			1,092			1,575			935			(11		)	651			—
Total net charge-offs	$	43,948		$	22,540		$	21,408		$	103,692		$	31,231		$	28,965		$	23,935		$	19,561		$	147,085		$	73,844		$	34,034		$	20,873		$	18,334
Asset Quality ratios:
Non-accrual loans / loans	3.75		%	3.75		%	3.88		%	3.68		%	3.68		%	3.35		%	3.47		%	3.66		%	4.15		%	4.15		%	4.09		%	3.72		%	4.16		%
Non-performing loans / loans	3.90		%	3.90		%	4.03		%	3.86		%	3.86		%	3.47		%	3.60		%	3.76		%	4.24		%	4.24		%	4.27		%	3.84		%	4.31		%
Non-performing assets / loans plus OREO	4.56		%	4.56		%	4.73		%	4.85		%	4.85		%	4.06		%	4.34		%	4.67		%	5.25		%	5.25		%	5.44		%	5.05		%	5.55		%
Non-performing assets / tangible common equity plus allowance for credit losses	29.78		%	29.78		%	30.24		%	31.01		%	31.01		%	25.78		%	27.73		%	30.33		%	34.63		%	34.63		%	34.37		%	32.18		%	35.80		%
Non-accrual loans / total assets	2.45		%	2.45		%	2.50		%	2.35		%	2.35		%	2.04		%	2.18		%	2.32		%	2.60		%	2.60		%	2.53		%	2.48		%	2.85		%
Allowance for credit losses and net charge-off ratios:
Allowance for credit losses / loans	2.24		%	2.24		%	2.31		%	2.40		%	2.40		%	2.57		%	2.73		%	2.85		%	2.84		%	2.84		%	2.81		%	2.79		%	2.79		%
Allowance for credit losses / non-accrual loans	59.79		%	59.79		%	59.52		%	65.11		%	65.11		%	76.69		%	78.78		%	77.72		%	68.50		%	68.50		%	68.61		%	75.11		%	67.03		%
Allowance for credit losses / non-performing loans	57.42		%	57.42		%	57.31		%	62.05		%	62.05		%	74.09		%	76.00		%	75.60		%	67.15		%	67.15		%	65.77		%	72.75		%	64.63		%
Net charge-offs to average net loans	1.61		%	1.55		%	1.67		%	1.84		%	2.15		%	2.16		%	1.56		%	1.48		%	2.80		%	5.61		%	2.59		%	1.56		%	1.43		%

Footnotes:

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

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