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MB Financial, Inc. Reports Loan Growth, Strong Fee Income, And Fourth Quarter Net Income Of $24.0 Million

DEPOSIT MIX

The following table shows the composition of deposits as of the dates indicated (dollars in thousands):

           
12/31/2012 9/30/2012 6/30/2012 3/31/2012 12/31/2011
  % of   % of   % of   % of   % of
Amount   Total Amount   Total Amount   Total Amount   Total Amount   Total
Low cost deposits:
Noninterest bearing deposits $ 2,164,547 29 % $ 2,011,542 27 % $ 1,946,468 26 % $ 1,874,028 25 % $ 1,885,694 25 %
Money market and
NOW accounts 2,747,273 36 % 2,682,608 36 % 2,564,493 34 % 2,702,636 35 % 2,645,334 34 %
Savings accounts 811,333   11 % 797,741   10 % 790,350   11 % 786,357   10 % 753,610   10 %
Total low cost deposits 5,723,153   76 % 5,491,891   73 % 5,301,311   71 % 5,363,021   70 % 5,284,638   69 %
 
Certificates of deposit:
Certificates of deposit 1,525,366 20 % 1,632,370 22 % 1,718,266 23 % 1,820,266 24 % 1,925,608 25 %
Brokered deposit accounts 294,178   4 % 355,086   5 % 451,132   6 % 451,415   6 % 437,361   6 %
Total certificates of deposit 1,819,544   24 % 1,987,456   27 % 2,169,398   29 % 2,271,681   30 % 2,362,969   31 %
 
Total deposits $ 7,542,697   100 % $ 7,479,347   100 % $ 7,470,709   100 % $ 7,634,702   100 % $ 7,647,607   100 %
 

Our deposit mix improved over the past twelve months as low cost deposits increased by 8.3% and comprised 76% of total deposits at December 31, 2012 compared to 69% at December 31, 2011 driven by positive noninterest bearing deposit inflows.

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