Written Agreement by and among: ) MIDWEST BANC HOLDINGS, INC. ) Melrose Park, Illinois ) Docket Nos. 03-031-WA/RB-HC ) 03-031-WA/RB-SM MIDWEST BANK AND TRUST ) COMPANY ) OBRE No. 2004-BBTC-22 Elmwood Park, Illinois ) FEDERAL RESERVE BANK OF ) CHICAGO...Midwest Banc Holdings Inc • March 16th, 2004 • National commercial banks
WHEREAS, in recognition of their common goal to strengthen the risk management practices of Midwest Banc Holdings, Inc., Melrose Park, Illinois (“Midwest Banc”), a registered bank holding company, and its subsidiary bank, the Midwest Bank and Trust Company, Elmwood Park, Illinois (the “Bank”), a state chartered bank that is a member of the Federal Reserve System and is subject to regulation and examination by the Commissioner of Banks and Real Estate of the State of Illinois (the “Commissioner”) pursuant to section 48 of the Illinois Banking Act, and in recognition of Midwest Banc’s and the Bank’s steps to address deficiencies, Midwest Banc, the Bank, the Federal Reserve Bank of Chicago (the “Reserve Bank”), and the
