In Brief: First Midwest in Illinois Buys Iowa's CF Bancorp

First Midwest Bancorp announced that it has completed its first out-of-state acquisition, of CF Bancorp, Davenport, Iowa.

The $3.2 billion-asset First Midwest has operated for many years in the Illinois half of the Quad Cities, Moline and Rock Island, where it has about $375 million in assets.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER