2018 Press Releases

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03/07/18Midland States Bancorp Announces Executive Management Promotions
EFFINGHAM, Ill., March 07, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) (“the Company”) announced today the following promotions within the executive management team of the Company and its wholly-owned subsidiary Midland States Bank (“the Bank”): Jeffrey G. Ludwig has been promoted to President of the Company and Chief Executive Officer of the Bank.  Prior to these promotions Mr. Ludwig served as Executive Vice President and Chief Financial Officer of the Company ... 
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02/28/18Midland States Bancorp, Inc. Completes the Acquisition of Alpine Bancorporation
EFFINGHAM, Ill., Feb. 28, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) (“Midland”) today announced it has completed its acquisition of Alpine Bancorporation, Inc. (“Alpine”), the parent company of Alpine Bank & Trust Co. As a result of the transaction, Alpine Bank & Trust Co. is now a wholly owned subsidiary of Midland.  The transaction brings Midland’s total assets to approximately $5.7 billion and its Wealth Management group to more than $3.1 billion in assets ... 
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02/06/18Midland States Bancorp, Inc. Increases Quarterly Cash Dividend by 10% to $0.22 Per Share
EFFINGHAM, Ill., Feb. 06, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.22 per share, an increase of 10% from the previous quarterly cash dividend of $0.20 per share.  The dividend is payable on or about February 23, 2018 to all shareholders of record as of the close of business on February 16, 2018. About Midland States Bancorp, Inc. Midland States Bancorp, Inc. is a community-based... 
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01/25/18Midland States Bancorp, Inc. Announces 2017 Fourth Quarter Results
Highlights • Net income of $2.0 million, or $0.10 diluted earnings per share, included the following significant items $0.23 per diluted share in tax expense due to the revaluation of deferred tax assets     $0.08 per diluted share of integration and acquisition expenses • Two charge-offs drive $4.6 million increase in provision for loan losses compared to prior quarter, impacting EPS by $0.14 per diluted share • Total loans increase at 9% annualized rate • Efficiency ratio impr... 
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01/09/18Midland States Bancorp, Inc. Announces Receipt of Federal Regulatory Approval for Acquisition of Alpine Bancorporation
EFFINGHAM, Ill. and BELVIDERE, Ill., Jan. 09, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) (the “Company” or “Midland”) and Alpine Bancorporation, Inc. (“Alpine”) today announced the receipt of the required regulatory approval from The Federal Reserve Bank of St. Louis for the acquisition of Alpine Bancorporation by Midland States Bancorp.  The consummation of Midland’s acquisition of Alpine Bancorporation remains subject to the approval of each party’s shareholders, app... 
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01/08/18Midland States Bancorp Announces New Leadership, Rebranding and Expansion of its Equipment Leasing Business
EFFINGHAM, Ill., Jan. 08, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that Fred Van Etten has joined Midland as President of the Company’s equipment finance business.  Mr. Van Etten joins Midland from Scottrade Financial Services, Inc., where he served as President of Scottrade Bank Equipment Finance.  Midland also announced that Heartland Business Credit, its equipment leasing subsidiary, will be rebranded as Midland Equipment Finance and operated as a ... 
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01/03/18Midland States Bancorp, Inc. to Announce Fourth Quarter 2017 Financial Results on Thursday, January 25
Conference call and webcast to be held on Friday, January 26 EFFINGHAM, Ill., Jan. 03, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it will issue its fourth quarter 2017 financial results after market close on Thursday, January 25, 2018. Midland States Bancorp will also host a conference call and webcast at 7:30 a.m. Central Time on Friday, January 26, 2018 to discuss its financial results.  Analysts and investors may participate in the question-... 
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