MBFI » Topics » Foreign Operations

These excerpts taken from the MBFI 10-K filed Feb 29, 2008.
Foreign Operations

MB Financial Bank holds certain commercial real estate loans, residential real estate loans, other loans and mortgage-backed investment securities in a real estate investment trust through its wholly owned subsidiary MBRE Holdings LLC headquartered and domiciled in Freeport, The Bahamas. MBRE Holdings LLC and its subsidiary, MB Real Estate Holdings LLC, were established in August 2002 to provide us with alternative methods for raising capital and funding.  We do not engage in operations in any other foreign countries.

Competition

We face substantial competition in all phases of our operations, including deposit gathering and loan origination, from a variety of competitors.  Commercial banks, savings institutions, brokerage firms, credit unions, mutual fund companies, insurance companies and specialty finance companies all compete with us for new and existing customers.  Several national financial institutions have commenced aggressive de novo branching plans that have heightened competitive pressures in our market areas.  Our bank competes by providing quality services to our customers, ease of access to our facilities, convenient hours and competitive pricing of services (including interest rates paid on deposits, interest rates charged on loans and fees charged for other non-interest related services).

Personnel

As of December 31, 2007, we and our subsidiaries employed a total of 1,282 full-time equivalent employees.  We consider our relationship with our employees to be good.

Supervision and Regulation

We, our subsidiary bank, and its subsidiaries, are subject to an extensive system of banking and securities laws and regulations that are intended primarily for the protection of customers and depositors and not for the protection of security holders.  These laws and regulations govern such areas as capital, permissible activities, allowance for loan losses, loans and investments, and rates of interest that can be charged on loans.  Described below are elements of selected laws and regulations.  The descriptions are not intended to be complete and are qualified in their entirety by reference to the full text of the statutes and regulations described.

Foreign
Operations



MB Financial Bank holds certain
commercial real estate loans, residential real estate loans, other loans and
mortgage-backed investment securities in a real estate investment trust through
its wholly owned subsidiary MBRE Holdings LLC headquartered and domiciled in
Freeport, The Bahamas. MBRE Holdings LLC and its
subsidiary, MB Real Estate Holdings LLC, were established in August 2002 to
provide us with alternative methods for raising capital and
funding.  We do not engage in operations in any other foreign
countries.



Competition



We face substantial competition in all
phases of our operations, including deposit gathering and loan origination, from
a variety of competitors.  Commercial banks, savings institutions,
brokerage firms, credit unions, mutual fund companies, insurance companies and
specialty finance companies all compete with us for new and existing
customers.  Several national financial institutions have commenced
aggressive de novo branching plans that have heightened competitive pressures in
our market areas.  Our bank competes by providing quality services to
our customers, ease of access to our facilities, convenient hours and
competitive pricing of services (including interest rates paid on deposits,
interest rates charged on loans and fees charged for other non-interest related
services).



Personnel



As of December 31, 2007, we and our
subsidiaries employed a total of 1,282 full-time equivalent
employees.  We consider our relationship with our employees to be
good.



Supervision
and Regulation



We, our subsidiary bank, and its
subsidiaries, are subject to an extensive system of banking and securities laws
and regulations that are intended primarily for the protection of customers and
depositors and not for the protection of security holders.  These laws
and regulations govern such areas as capital, permissible activities, allowance
for loan losses, loans and investments, and rates of interest that can be
charged on loans.  Described below are elements of selected laws and
regulations.  The descriptions are not intended to be complete and are
qualified in their entirety by reference to the full text of the statutes and
regulations described.



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 29, 2008
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