Investor FAQ

Where is Midland's corporate headquarters?
Midland States Bancorp, Inc. is headquartered in Effingham, Illinois, where its bank, Midland States Bank, has been located since 1881. The Company’s address is 1201 Network Centre Drive, Effingham, IL 62401.

Where is Midland incorporated?
The Company is a “C” corporation incorporated under the laws of the State of Illinois.

When did Midland go public and what price?
Midland completed its IPO and began trading on Nasdaq under the ticker symbol “MSBI” on May 24, 2016. The opening price was $22.00.

What is Midland’s fiscal year?
The Company is on a calendar fiscal year, running from January 1 – December 31.

How is Midland’s stock traded?
Midland’s common stock is listed for trading on Nasdaq under the ticker symbol “MSBI”.

Does Midland pay dividends?
The Company has a long history of paying regular quarterly dividends. While it cannot assure investors that its board of directors will declare a dividend for any particular quarter, or the amount of such dividend, Midland’s current policy is to continue paying dividends absent any material change in its business or financial results.

What is the current dividend rate for Midland’s common stock?
Information regarding the Company’s recent dividend history is available in the Company’s Registration Statement on Form S-1 and the Prospectus, which is a part of that Registration Statement under “Dividend Policy.”

When are dividends usually paid?
Dividends are typically paid in the second week of February, May, August and November.

Does Midland offer Direct Deposit of dividends?
Yes. Shareholders can receive their dividends either through receipt of a check in the mail or via direct deposit. Information on setting up direct dividend deposits can be obtained through Computershare, the Company’s stock transfer agent, at www.computershare.com.

Does Midland have a dividend reinvestment plan and how can I participate?
The Company does not currently offer a Dividend Reinvestment Plan but may introduce such a plan in the future.

Has Midland had any stock splits?
In 2010, in connection with Midland moving its state of domicile from Delaware to Illinois, Midland effected a ten-for-one stock split and issued new certificates representing the adjusted shares. All shares of the Illinois entity have been issued in the post-split amounts, and all currently outstanding shares represent those amounts. The Company does not expect any additional stock splits in the foreseeable future.

Who is transfer agent?
The Company’s transfer agent is Computershare.

Who should shareholders contact with questions about their Midland stock?
Computershare has a customer service department equipped to handle questions regarding our shareholders’ stock, including transfers, receipt of dividends, etc. Computershare’s website is located at www.computershare.com and its telephone number is 877-373-6374. The mailing address for U.S. mail is P.O. Box 30170, College Station, TX 77842. Overnight deliveries to Computershare should be addressed to 211 Quality Circle, Suite 210, College Station, TX 77845. Midland recommends stock certificates and other valuable articles being sent by insured, overnight delivery.

How do Midland shareholders transfer stock, change the address on their shareholder account, or replace a lost stock certificate?
Shareholders wishing to transfer their shares into a new or additional names, change the address, replace lost certificates or have their shares held electronically by Computershare should contact Computershare at the website/phone or address shown above.

Does Midland have a direct stock purchase plan?
Midland does not currently offer a direct stock purchase plan, but may introduce such a plan in the future.

Who is Midland's auditor?
The Company’s independent outside auditor is Crowe Horwath, LLP.

Who is Midland’s legal counsel?
Midland’s principal legal counsel is Barack Ferrazzano Kirschbaum & Perlman, LLP.

Where are the latest corporate news releases, financial reports and any documents Midland has filed with the Securities & Exchange Commission (SEC), including Forms 10-K and 10-Q, available?
Such information is posted on the Company’s website under “Investors.”

Whom should shareholders or other interested parties contact regarding investor inquiries?
The fastest way to contact Midland’s Investor Relations Department is to send an email to corpsec@midlandsb.com.

How can interested parties obtain a copy of Midland’s annual report and proxy?
The Company’s proxy statement (beginning with the proxy statement for the 2017 annual shareholders meeting) and its annual report to shareholders will be filed with the SEC and will be available at www.sec.gov, and will also be posted on the Company’s website.

When and where will Midland hold its next annual meeting?
The Company’s annual meeting typically occurs in the first week of May each year, and is held in Effingham, Illinois. The exact time and place can be found in the Company’s proxy statement distributed in connection with the annual meeting.