With its credit quality increasingly troubled, Midwest Banc Holdings Inc. was already among the relatively small group of banks to defer dividend payments on the government's preferred shares.

Now the $3.6 billion-asset company is going back to the till, asking the Treasury for even more capital. This time it's seeking to bolster a tangible common equity ratio that has dwindled to what analysts peg as a dangerously low 0.12%, after a $76.5 million loss in the second quarter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.