Illinois

Parkway Bancorp in Harwood Heights, Ill., no longer plans to buy Park Bancorp in Chicago.

Centrue Financial in Ottawa, Ill., has named a new chairman, after its longtime chairman resigned for health reasons.

First Midwest Bancorp in Itasca, Ill., has agreed to buy NI Bancshares in Sycamore, Ill.

An interbank loan market for community and regional banks, and backed by the Chicago Board Options Exchange, plans to open for business next month.

MB Financial in Chicago has agreed to buy an asset management firm.

Crossroads Bank in Effingham, Ill., has selected Michael Defend as its new chief executive. Defend, who will also serve as president, will step into his new role at the beginning of next year.

The online lender Enova International has hired an ex-HSBC executive as its chief operating officer.

Merger-related expenses took a nearly $6 million bite out of third-quarter earnings at Wintrust Financial in Rosemont, Ill., but its chief executive predicted several recently completed deals will pay off sooner than anticipated.

PrivateBancorp in Chicago reported higher third-quarter profit on loan growth.

Town and Country Financial in Springfield, Ill., has agreed to buy the parent of Premier Bank of Jacksonville in Illinois.