SOURCE: Midwest Banc Holdings, Inc.

May 29, 2007 13:00 ET

Midwest Banc Holdings Declares Dividend

MELROSE PARK, IL--(Marketwire - May 29, 2007) - Midwest Banc Holdings, Inc. (NASDAQ: MBHI) announced that its board of directors declared a $0.13 per share dividend to its common stockholders. The dividend will be payable on July 5, 2007 to stockholders of record as of June 22, 2007. Midwest Banc Holdings currently has 24.6 million shares outstanding.

Midwest Banc Holdings, Inc. provides a wide range of retail and commercial lending services, personal and corporate trust services, residential mortgage origination, and securities and insurance brokerage activities throughout the greater Chicago metropolitan area. The Company's principal operating subsidiaries are: Midwest Bank and Trust Company, Midwest Financial and Investment Services, Inc., Midwest Bank Insurance Services, LLC, and Royal American Investment Services, Inc. Information on Midwest Banc Holdings, Inc. is available at www.midwestbanc.com.

Contact Information

  • For further information, please contact:
    Daniel R. Kadolph
    Executive Vice President and Chief Financial Officer
    (708) 450-6759