Getting your Trinity Audio player ready...
First Midwest Bancorp Inc.’s fourth-quarter net income slipped to $3.5 million, or 29 cents a share, from $5.5 million, or 45 cents a share, a year earlier, as the latest period included a $3.9 million pretax charge for restructuring. Naperville-based First Midwest said that before the charge, earnings were up 9 percent, to $5.9 million, or 49 cents a share.
For the full year, the bank holding company’s profit declined to $20.4 million, or $1.67 a share, from $20.8 million, or $1.68 a share, in 1993.
