Illinois

MB Financial in Chicago saw its earnings dip thanks mainly to costs associated with its acquisition of Taylor Capital Group.

Hanmi Bank in Los Angeles has hired executives to expand its customer base in Texas and Illinois.

Regulators on Friday closed The National Republic Bank of Chicago, the 16th institution to fail this year.

First Waterloo Bancshares in Waterloo, Ill., has agreed to buy Prairie Financial Bancorp in Stewardson, Ill.

Northern Trust in Chicago reported slightly lower third-quarter profits, as an increase in fee-based income was offset by higher operating expenses.

First Midwest Bancorp in Itasca, Ill., reported a significant decline in quarterly earnings on costs tied to two acquisitions.

Wintrust Financial in Rosemont, Ill., reported third-quarter earnings of $40.2 million, as increases in interest and fee income were partially offset by heavier expenses.

PrivateBancorp in Chicago reported higher earnings in the third quarter primarily thanks to loan growth.

Wintrust Financial in Rosemont, Ill., has agreed to buy Delavan Bancshares in Wisconsin.

The $171 million-asset company said in a press release Wednesday that it was recently informed that certain loans used to back its investment in repurchase agreements may be fraudulent.

First Farmers Financial in Converse, Ind., has agreed to buy three community banks in Illinois.

More community banks are looking to outsource their mortgage operations to reduce the regulatory burden, but structuring such deals — and determining proper compensation — can be tricky. Here's how two Chicago-area lenders solved the problem.

First Busey in Champaign, Ill., has agreed to buy Herget Financial in Pekin, Ill.

Urban Partnership Bank in Chicago has lured a former Citibank executive out of retirement to lead its consumer banking operations.

Federal Savings Bank in Chicago has teamed up with West Suburban Bank in Lombard, Ill., to offer mortgage products across West Suburban's 37-branch network.

Mitch Feiger, CEO of MB Financial, along with Mark Hoppe, former Taylor CEO, reflect on the merger, the regulatory environment and keeping key people happy in the highly competitive Chicago market.

Old Second Bancorp in Aurora, Ill., said Wednesday that its chief executive officer, William Skoglund, will retire at the end of this year. He will be succeeded by James Eccher, the company's chief operating officer.

The $2.5 billion-asset QCR said in a press release Friday that the new company will include the mortgage staff from its Quad City Bank & Trust.

CHICAGO — Mortgage delinquency rates declined by nearly 20% to a national rate of 3.46% in the second quarter from a year earlier, according to a report from TransUnion LLC.

LAKE BLUFF, Ill. — Credit unions continue to inch closer to what banks are charging for overdrafts.