Press Releases

Date Title  
Toggle Summary Midland States Bancorp, Inc. Announces $25 Million Stock Repurchase Program and Declares Quarterly Cash Dividend of $0.2425 Per Share
EFFINGHAM, Ill. , Aug. 06, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved a stock repurchase program that authorizes the Company to repurchase up to $25 million of its common stock.  The Board of Directors also declared
Toggle Summary Midland States Bancorp, Inc. to Participate in 2019 KBW Community Bank Investor Conference
EFFINGHAM, Ill. , July 29, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) today announced that members of its executive management team will be participating in the 2019 KBW Community Bank Investor Conference in New York City on July 30 , 2019.  During the event, the
Toggle Summary Midland States Bancorp, Inc. Announces 2019 Second Quarter Results
Highlights Net income of $16.4 million , or $0.67 diluted earnings per share Book value per share increased 2.2% to $26.66 Tangible book value per share increased 3.8% to $18.36 Acquisition of HomeStar Financial Group, Inc. completed on July 17, 2019 EFFINGHAM, Ill.
Toggle Summary Midland States Bancorp, Inc. Completes the Acquisition of HomeStar Financial Group
EFFINGHAM, Ill. , July 17, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced that it has completed its acquisition of HomeStar Financial Group, Inc. (“HomeStar”), the parent company of HomeStar Bank and Financial Services (“HomeStar
Toggle Summary Midland States Bancorp, Inc. to Announce Second Quarter 2019 Financial Results on Thursday, July 25
Conference call and webcast to be held on Friday, July 26 EFFINGHAM, Ill. , July 02, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2019 financial results after market close on Thursday, July 25, 2019 .
Toggle Summary Midland States Bancorp, Inc. to Participate In Piper Jaffray Midwest Bank Symposium
EFFINGHAM, Ill. , June 11, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) today announced that members of its executive management team will be participating in the Piper Jaffray Midwest Bank Symposium in Chicago on June 13 , 2019.  During the event, the management team will
Toggle Summary Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.2425 Per Share
EFFINGHAM, Ill. , May 03, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.2425 per share.  The dividend is payable on or about May 20, 2019 to all shareholders of record as of the close of
Toggle Summary Midland States Bancorp, Inc. Announces 2019 First Quarter Results
Highlights Net income of $14.0 million , or $0.57 diluted earnings per share Book value per share increased 2.3% to $26.08 Tangible book value per share increased 4.0% to $17.68 Definitive agreement to acquire HomeStar Financial Group, Inc. announced on April 2, 2019 EFFINGHAM, Ill.
Toggle Summary Midland States Bancorp, Inc. to Acquire HomeStar Financial Group, Inc.
EFFINGHAM, Ill. and MANTENO, Ill. , April 02, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) and HomeStar Financial Group, Inc. (“HomeStar”) today announced that they have entered into a definitive agreement whereby Midland will acquire 100% of the
Toggle Summary Midland States Bancorp, Inc. to Announce First Quarter 2019 Financial Results on Thursday, April 25
Conference call and webcast to be held on Friday, April 26 EFFINGHAM, Ill. , April 02, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2019 financial results after market close on Thursday, April 25, 2019 .
Toggle Summary Midland States Bancorp, Inc. Increases Quarterly Cash Dividend to $0.2425 Per Share
EFFINGHAM, Ill. , Feb. 05, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.2425 per share, which represents an increase of 10.2% from the prior quarterly cash dividend of $0.22 per share.  The
Toggle Summary Midland States Bancorp, Inc. Announces 2018 Fourth Quarter Results
Highlights Net income of $16.3 million , or $0.67 diluted earnings per share Return on average assets of 1.14% Return on average shareholders’ equity of 10.81% and return on average tangible common equity of 16.40% Book value per share increased 2.2% to $25.50 and tangible book value per share
Toggle Summary Midland States Bancorp, Inc. to Announce Fourth Quarter 2018 Financial Results on Thursday, January 24
Conference call and webcast to be held on Friday, January 25 EFFINGHAM, Ill. , Jan. 04, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2018 financial results after market close on Thursday, January 24, 2019 .
Toggle Summary Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.22 Per Share
EFFINGHAM, Ill. , Nov. 08, 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.  The dividend is payable on or about November 26, 2018 to all shareholders of record as of the close of
Toggle Summary Midland States Bancorp, Inc. Appoints Jennifer L. DiMotta to Board of Directors
EFFINGHAM, Ill. , Nov. 08, 2018 (GLOBE NEWSWIRE) --   Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today that Jennifer L. DiMotta has been appointed to the Board of Directors of the Company and Midland States Bank . With the addition of Mrs.
Toggle Summary Midland States Bancorp Announces Participation in the Sandler O’Neill East Coast Financial Services Conference
EFFINGHAM, Ill. , Nov. 02, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that members of its executive management team will be participating in the Sandler O’Neill 2018 East Coast Financial Services Conference in Palm Beach, Florida on November 7 , 2018. 
Toggle Summary Midland States Bancorp, Inc. Announces 2018 Third Quarter Results
Highlights Net income of $8.5 million , or $0.35 diluted earnings per share Adjusted earnings of $15.6 million , or $0.64 diluted earnings per share, primarily reflects the exclusion of $9.6 million of integration and acquisition expenses Total loans increased $60.5 million from end of prior
Toggle Summary Midland States Bancorp, Inc. Announces Next Step in CEO Succession Plan
EFFINGHAM, Ill. , Oct. 19, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today that Leon J. Holschbach will retire from his position as Chief Executive Officer of Midland States Bancorp, Inc.
Toggle Summary Midland States Bancorp, Inc. to Announce Third Quarter 2018 Financial Results on Thursday, October 25
Conference call and webcast to be held on Friday, October 26 EFFINGHAM, Ill. , Oct. 03, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2018 financial results after market close on Thursday, October 25, 2018 .
Toggle Summary Midland States Bancorp Announces Participation in the Stephens 8th Annual Bank CEO Forum
EFFINGHAM, Ill. , Sept. 18, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that members of its executive management team will be participating in the Stephens 8 th Annual Bank CEO Forum in Little Rock, Arkansas on September 25-26 , 2018.  During the conference,
Toggle Summary Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.22 Per Share
EFFINGHAM, Ill. , Aug. 07, 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.  The dividend is payable on or about August 24, 2018 to all shareholders of record as of the close of
Toggle Summary Midland States Bancorp, Inc. Announces 2018 Second Quarter Results
Highlights Net income of $12.8 million , or $0.52 diluted earnings per share Adjusted earnings of $14.5 million , or $0.59 diluted earnings per share, primarily reflects the exclusion of $2.0 million of integration and acquisition expenses Total loans increased $66.7 million from end of prior
Toggle Summary Midland States Bancorp Announces Participation in the KBW 19th Annual Community Bank Investor Conference
EFFINGHAM, Ill. , July 24, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that members of its executive management team will be participating in the KBW 19 th Annual Community Bank Investor Conference on July 31 and August 1 in New York City.  During the
Toggle Summary Midland States Bancorp, Inc. to Announce Second Quarter 2018 Financial Results on Thursday, July 26
Conference call and webcast to be held on Friday, July 27 EFFINGHAM, Ill. , July 03, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it will issue its second quarter 2018 financial results after market close on Thursday, July 26, 2018 .
Toggle Summary Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.22 Per Share
EFFINGHAM, Ill. , May 08, 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.  The dividend is payable on or about May 25, 2018 to all shareholders of record as of the close of
Toggle Summary Midland States Bancorp Announces Participation in D.A. Davidson Financial Institutions Conference
EFFINGHAM, Ill. , May 04, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that members of its executive management team will be participating in the D.A. Davidson Financial Institutions Conference on May 9-10 in Denver , Colorado.  During the conference, the
Toggle Summary Midland States Bancorp, Inc. Announces 2018 First Quarter Results
Highlights Net income of $1.8 million , or $0.08 diluted earnings per share, which included $11.9 million , or $0.44 per diluted share, of integration and acquisition expenses Acquisition of Alpine Bancorporation, Inc. completed on February 28, 2018 Total assets surpassed $5.7 billion at March 31,
Toggle Summary Midland States Bancorp, Inc. to Announce First Quarter 2018 Financial Results on Thursday, April 26
Conference call and webcast to be held on Friday, April 27 EFFINGHAM, Ill. , April 04, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it will issue its first quarter 2018 financial results after market close on Thursday, April 26, 2018 .
Toggle Summary Midland 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.
Toggle Summary Midland 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
Toggle Summary Midland 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
Toggle Summary Midland 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
Toggle Summary Midland 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.
Toggle Summary Midland 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.
Toggle Summary Midland 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 .
Toggle Summary Midland States Bancorp to Participate in the Sandler O’Neill East Coast Financial Services Conference
EFFINGHAM, Ill. , Nov. 14, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that members of its executive management team will be participating in the Sandler O’Neill East Coast Financial Services Conference on November 16, 2017 in Naples , Florida.  During the
Toggle Summary Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.20 Per Share
EFFINGHAM, Ill. , Nov. 08, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share.  The dividend is payable on or about November 24, 2017 to all shareholders of record as of the close of
Toggle Summary Midland States Bancorp, Inc. Announces 2017 Third Quarter Results
Highlights Definitive agreement to acquire Alpine Bancorporation announced on October 16, 2017 Integration of Centrue acquisition completed Net income of $2.0 million , or $0.10 diluted earnings per share, for the third quarter of 2017 Pending sale of residential mortgage servicing rights expected
Toggle Summary Midland States Bancorp, Inc. Announces Change in Chief Financial Officer
EFFINGHAM, Ill. , Oct. 26, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) (the “Company”) today announced that Kevin L. Thompson , Chief Financial Officer, resigned for personal reasons from the Company and Midland States Bank , its wholly-owned subsidiary (the “Bank”),
Toggle Summary Midland States Bancorp, Inc. to Acquire Alpine Bancorporation
Highlights of the Announced Transaction Expands Midland’s franchise in northern Illinois and provides leading market share in Rockford , the largest city in Illinois outside of the Chicago market Adds a high quality, low-cost core deposit franchise with a cost of deposits of 19 basis points and a
Toggle Summary Midland States Bancorp, Inc. to Announce Third Quarter 2017 Financial Results on Thursday, October 26
Conference call and webcast to be held on Friday, October 27 EFFINGHAM, Ill. , Oct. 03, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it will issue its third quarter 2017 financial results after market close on Thursday, October 26, 2017 .
Toggle Summary Midland States Bancorp to Participate in 7th Annual Stephens Bank CEO Forum
EFFINGHAM, Ill. , Sept. 15, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that members of its executive management team will be participating in the 7 th Annual Stephens Bank CEO Forum on September 20, 2017 in Little Rock , Arkansas.  During the conference, the
Toggle Summary Midland States Bank Announces New Chairman
EFFINGHAM, ILLINOIS – August 16, 2017- Midland States Bancorp, Inc. (the "Company"), the parent to Midland States Bank (the "Bank"), today announced that Jack Schultz, who has been Chairman of the Company and the Bank since 2006, has retired from the Board of Directors of the Bank. Mr.
Toggle Summary Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.20 Per Share
EFFINGHAM, Ill. , Aug. 08, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share.  The dividend is payable on or about August 25, 2017 to all shareholders of record as of the close of
Toggle Summary Midland States Bancorp to Participate in 2017 KBW Community Bank Investor Conference
EFFINGHAM, Ill. , July 31, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that members of its executive management team will be participating in the 2017 KBW Community Bank Investor Conference on August 1, 2017 in New York City.  During the conference, the
Toggle Summary Midland States Bancorp, Inc. Announces 2017 Second Quarter Results
Highlights Acquisition of Centrue Financial Corporation completed on June 9, 2017 , increasing total assets to $4.5 billion Net income of $3.5 million , or $0.20 diluted earnings per share, for the second quarter of 2017 Tangible book value per share increased to $17.47 at June 30, 2017
Toggle Summary Midland States Bancorp, Inc. to Announce Second Quarter 2017 Financial Results on Thursday, July 27
Conference call and webcast to be held on Friday, July 28 EFFINGHAM, Ill. , July 07, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it will issue its second quarter 2017 financial results after market close on Thursday, July 27, 2017 .
Toggle Summary Midland States Bancorp Files Universal Shelf Registration Statement
EFFINGHAM, Ill. , June 30, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission ( SEC ). The registration statement, once declared effective by the SEC ,
Toggle Summary Midland States Bancorp, Inc. Completes the Acquisition of Centrue Financial Corporation
EFFINGHAM, Ill. , June 12, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) (“Midland”) today announced it has completed its acquisition of Centrue Financial Corporation (NASDAQ:CFCB) (“Centrue”), the parent company of Centrue Bank .
Toggle Summary Midland States Bancorp, Inc. and Centrue Financial Corporation Announce Election Deadline
EFFINGHAM, Ill. and OTTAWA, Ill. , May 30, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) (“Midland”) and Centrue Financial Corporation (NASDAQ:CFCB) (“Centrue”) today announced that the election deadline for Centrue shareholders of record to make merger consideration elections
Toggle Summary Midland States Bancorp Announces Participation in Upcoming Investor Conferences
EFFINGHAM, Ill. , May 08, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that members of its executive management team will be participating in the following investor conferences during the month of May:  D.A. Davidson 19th Annual FIG Summit & Financial
Toggle Summary Love Funding Provides $87.3 Million in FHA Financing for New High-Rise, Market-Rate Apartment Building in Plano, Texas
WASHINGTON , May 04, 2017 (GLOBE NEWSWIRE) -- Love Funding, a subsidiary of Midland States Bancorp, Inc. (NASDAQ:MSBI) and one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, today announced the closing of an $87.3 million FHA loan to build a new
Toggle Summary Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.20 Per Share
EFFINGHAM, Ill. , May 02, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share.  The dividend is payable on or about May 19, 2017 to all shareholders of record as of the close of
Toggle Summary Midland States Bancorp, Inc. Announces 2017 First Quarter Results
Highlights Net income of $8.5 million for first quarter of 2017 Earnings per share of $0.52 , an increase of 24% over prior year period Total loans increased $135 million , or 23.3% annualized Return on average assets of 1.05%; Return on average tangible equity of 12.78% Acquisition of CedarPoint
Toggle Summary Midland States Bancorp, Inc. Receives Federal Reserve Approval for Pending Acquisition of Centrue Financial Corporation
EFFINGHAM, Ill. , April 19, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) (“Midland”) today announced that that it has received approval from the Federal Reserve to acquire Centrue Financial Corporation (“Centrue”) and its wholly owned subsidiary, Centrue Bank , based in
Toggle Summary Midland States Bancorp, Inc. to Announce First Quarter 2017 Financial Results on Thursday, April 27
Conference call and webcast to be held on Friday, April 28 EFFINGHAM, Ill. , April 06, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it will issue its first quarter 2017 financial results after market close on Thursday, April 27, 2017 .
Toggle Summary Midland States Bancorp Announces Acquisition of CedarPoint Investment Advisors
EFFINGHAM, Ill. , March 28, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) today announced that it has acquired CedarPoint Investment Advisors , an SEC registered investment advisory (RIA) firm located in Delafield, Wisconsin.  Founded in 2009, CedarPoint provides clients with
Toggle Summary Midland States Bancorp, Inc. Announces 11% Increase in Quarterly Cash Dividend
EFFINGHAM, Ill. , Feb. 07, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share, an increase of 11% from the previous quarterly cash dividend of $0.18 per share.  The dividend is payable
Toggle Summary Love Funding Closes $17.3 Million Loan to Acquire and Renovate a Senior Apartment Community in Ann Arbor, Michigan
WASHINGTON , Jan. 30, 2017 (GLOBE NEWSWIRE) -- Love Funding, a subsidiary of Midland States Bancorp, Inc. (NASDAQ:MSBI) and one of the nation’s leading providers of FHA multifamily, affordable and healthcare financing, announced the closing of a $17.3 million loan to acquire and renovate Cranbrook
Toggle Summary Midland States Bancorp, Inc. Announces 2016 Fourth Quarter Results
Highlights Net income of $11.6 million , or $0.72 diluted earnings per share Average loans increased $118 million , or 20.7% annualized Return on average assets of 1.44%; Return on average equity of 14.05% Acquisition of Sterling Trust added $400 million in assets under administration Operational
Toggle Summary Midland States Bancorp, Inc. to Acquire Centrue Financial Corporation
Highlights of the Announced Transaction Strengthens Midland’s franchise in northern Illinois markets Adds a high quality, low-cost core deposit franchise with a cost of deposits of 18 basis points Transaction expected to be 8-9% accretive to Midland’s earnings per share in 2018 EFFINGHAM, Ill.
Toggle Summary Midland States Bancorp Announces Three Advisory Board Members
ST. LOUIS, Jan. 10, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq:MSBI) today announced the appointment of three individuals to its Midland States Bank advisory board for the St. Louis region: Douglas Croghan, Jay Delsing, and Laurna Godwin.
Toggle Summary Midland States Bancorp, Inc. to Announce Fourth Quarter 2016 Financial Results on Thursday, January 26
Conference call and webcast to be held on Friday, January 27 EFFINGHAM, Ill. , Jan. 05, 2017 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it will issue its fourth quarter 2016 financial results after market close on Thursday, January 26, 2017 .
Toggle Summary Midland States Bancorp Added to ABA NASDAQ Community Bank Index
EFFINGHAM, Ill. , Dec. 19, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) today announced that it has been added to the ABA ( American Bankers Association ) NASDAQ Community Bank Index (ABAQ), the nation’s most broadly representative stock index for community banks.  The index
Toggle Summary Midland States Bancorp Announces Branch Network Optimization Plan
EFFINGHAM, Ill. , Nov. 28, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) today announced a branch network optimization plan as part the Company’s Operational Excellence strategic initiative.  As previously announced, Midland’s Operational Excellence initiative is designed to
Toggle Summary Midland States Bancorp to Participate in the Sandler O’Neill East Coast Financial Services Conference
EFFINGHAM, Ill. , Nov. 15, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that Leon J. Holschbach , President and Chief Executive Officer, Jeffrey G. Ludwig , Executive Vice President, and Kevin L. Thompson , Chief Financial Officer, will participate in the
Toggle Summary Midland States Bancorp Names Kevin L. Thompson Chief Financial Officer
EFFINGHAM, Ill. , Nov. 14, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that Kevin L. Thompson has been appointed to the position of Chief Financial Officer of the holding company and the bank.  Mr. Thompson succeeds Jeffrey G.
Toggle Summary Midland Completes Acquisition of $400 Million AUM Trust Department from Sterling National Bank
EFFINGHAM, IL , and MONTEBELLO, NY -- (Marketwired) -- 11/10/16 -- Midland States Bancorp, Inc. (NASDAQ: MSBI) and Sterling National Bank , a wholly-owned subsidiary of Sterling Bancorp (NYSE: STL) announced today that Midland States Bank , Midland's wholly-owned bank subsidiary, has completed its
Toggle Summary Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.18 Per Share
EFFINGHAM, Ill. , Nov. 09, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.18 per share.  The dividend is payable on or about November 28, 2016 to all shareholders of record as of the close of
Toggle Summary Midland States Bancorp Announces New Operational Excellence Initiative
Company also announces investment portfolio repositioning EFFINGHAM, Ill. , Nov. 08, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors has formally adopted a new strategic initiative of “Operational Excellence” under the Company’s
Toggle Summary Midland States Bancorp, Inc. Announces 2016 Third Quarter Results
Third Quarter 2016 Summary Net income of $8.1 million , or $0.51 diluted earnings per share Total loans increased $152 million to $2.31 billion at September 30, 2016 Average loans increased $96 million , or 17.7% annualized Non-interest income of $14.9 million , or 35.4% of total revenue Return on
Toggle Summary Midland States Bancorp Announces Early Termination of FDIC Loss Share Agreements
EFFINGHAM, Ill. , Oct. 03, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it entered into an agreement with the Federal Deposit Insurance Corporation (“FDIC”) on October 3, 2016 to terminate its existing loss share agreements with the FDIC.  The loss share
Toggle Summary Midland States Bancorp, Inc. to Announce Third Quarter 2016 Financial Results on Thursday, October 27
Conference call and webcast to be held on Friday, October 28 EFFINGHAM, Ill. , Oct. 03, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it will issue its third quarter 2016 financial results after market close on Thursday, October 27, 2016 .
Toggle Summary Leon Holschbach Appointed to Advisory Board of Financial Regulatory Group
WASHINGTON , Sept. 22, 2016 (GLOBE NEWSWIRE) -- The Conference of State Bank Supervisors (CSBS), the nationwide organization of banking and financial regulators from all 50 states and U.S. territories, has announced the appointment of Midland States Bancorp (Nasdaq:MSBI) CEO Leon Holschbach to
Toggle Summary Midland States Bancorp to Participate in the 6th Annual Stephens Bank CEO Forum
EFFINGHAM, Ill. , Sept. 20, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that Leon J. Holschbach , President and Chief Executive Officer, and Jeffrey G. Ludwig , Executive Vice President and Chief Financial Officer, will participate in the 6 th Annual Stephens
Toggle Summary Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.18 Per Share
EFFINGHAM, Ill. , Aug. 01, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.18 per share.  The dividend is payable on or about August 19, 2016 to all shareholders of record as of the close of
Toggle Summary Midland States Bancorp to Participate in 2016 KBW Community Bank Investor Conference
EFFINGHAM, Ill. , July 29, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that Leon J. Holschbach , President and Chief Executive Officer, and Jeffrey G. Ludwig , Executive Vice President and Chief Financial Officer, will participate in the 2016 Keefe, Bruyette
Toggle Summary Midland States Bancorp, Inc. Announces 2016 Second Quarter Results
Second Quarter 2016 Summary Successful initial public offering raises net proceeds of $71.7 million Net income of $6.8 million , or $0.50 diluted earnings per share Total loans increased $145 million , or 28.8% on an annualized basis Non-interest income of $14.0 million , or 33.4% of total revenue
Toggle Summary Midland States Bancorp, Inc. to Announce Second Quarter 2016 Financial Results on Thursday, July 28
Conference call and webcast to be held on Friday, July 29 EFFINGHAM, Ill. , July 14, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that it will issue its second quarter 2016 financial results after market close on Thursday, July 28, 2016 .
Toggle Summary Midland States Bank Announces Expansion in Colorado Springs, Colorado and Appointment of Kristie Bender as Market President
EFFINGHAM, ILLINOIS – July 5, 2016 – Midland States Bank is pleased to announce the expansion of its commercial banking team and new location in the Colorado Springs, Colorado, market. The Bank also announced the appointment of Kristie Bender as Market President with the hiring of Jon Hollman and
Toggle Summary Midland States Bancorp, Inc. Set to Join Russell 3000 Index
EFFINGHAM, Ill. , June 20, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) today announced that it is set to join the broad-market Russell 3000 ® Index at the conclusion of the Russell US Indexes annual reconstitution, effective after the US market opens on June 27th , according
Toggle Summary Midland States Bank Hires Cynthia Carr as Director of Information Security and IT Governance
EFFINGHAM, ILLINOIS – June 8, 2016 – Midland States Bank announced that it has hired Cynthia Carr as its Director of Information Security and IT Governance. Carr joins Midland after spending more than 25 years in various IT leadership and delivery positions.
Toggle Summary Midland States Bancorp, Inc. Announces Exercise and Closing of Over-Allotment Option for Initial Public Offering
EFFINGHAM, Ill. , June 06, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that the underwriters of Midland’s initial public offering have exercised in full their option to purchase 545,813 additional shares of common stock from Midland at the initial public
Toggle Summary Midland States Bancorp, Inc. Announces Pricing of Initial Public Offering
EFFINGHAM, Ill. , May 24, 2016 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today the pricing of its initial public offering of 3,638,755 shares of its common stock, including 3,044,252 shares sold by Midland and 594,503 shares sold by selling shareholders, at a public
Toggle Summary Midland States Bancorp, Inc. Launches Initial Public Offering
EFFINGHAM, ILLINOIS – May 11, 2016 – Midland States Bancorp, Inc. announced today that it has commenced an initial public offering of 3,865,000 shares of its common stock pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission.  Midland is offering
Toggle Summary Midland States Bank Wealth Management Hires Wealth Advisor Steven Olsen
EFFINGHAM, ILLINOIS – May 10, 2016 – Midland States Bank announced today that Steven J. Olsen has joined its Wealth Management Group as a Wealth Advisor and Financial Planner. He will be located at its Rockford, Illinois office to help serve the bank's growing client base in northern Illinois and
Toggle Summary Midland States Bank Hires Cristina Ciorna as Training Director
EFFINGHAM, ILLINOIS – April 21, 2016 – Midland States Bank has recently hired Cristina Ciorna, a Learning and Development professional with over 9 years experience in designing and executing programs that elevate employee knowledge, productivity and engagement, to the position of Training Director.
Toggle Summary Midland States Bank Hires John Theisinger as Market President
EFFINGHAM, ILLINOIS – April 20, 2016 – Midland States Bank has recently hired John R. Theisinger to the position of Market President with responsibilities over the Peru, Princeton and Mendota, Illinois markets. Theisinger brings over two decades of experience in retail and commercial banking to
Toggle Summary Midland States Bancorp, Inc. Files Registration Statement for Proposed Initial Public Offering
EFFINGHAM, ILLINOIS – April 11, 2016 – Midland States Bancorp, Inc. announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price
Toggle Summary Midland States Bank Hires Abraham Rezex as Regional Mortgage Sales Manager in St. Louis
EFFINGHAM, ILLINOIS – March 28, 2016 – Midland States Bank announced the hiring of Abraham Rezex as Regional Mortgage Sales Manager for the St. Louis and Missouri market areas. Rezex brings 20 years of management experience in the St. Louis financial services industry, including retail banking,
Toggle Summary Jeff Ludwig Promoted to President and Jeff Mefford to Executive Vice President of Midland States Bank
EFFINGHAM, ILLINOIS – March 2, 2016 – Leon J. Holschbach, Vice Chairman and Chief Executive Officer of Midland States Bank, announced today that Jeffrey G. Ludwig has been promoted to President of Midland States Bank, and Jeffrey S. Mefford has been promoted to Executive Vice President of Community
Toggle Summary Midland to Acquire Trust Department with $400 Million of Assets under Administration from New York-based Sterling National Bank
EFFINGHAM, ILLINOIS AND YONKERS, NEW YORK – February 23, 2016 – Midland States Bank and Sterling National Bank announced today that they have entered into a definitive agreement for Midland States Bank to acquire approximately $400 million in wealth management assets from Sterling National Bank of
Toggle Summary Midland States Bank Promotes Frederick to Director of Retail Banking and Hires Skinner to Regional Retail Manager Position
EFFINGHAM, ILLINOIS – February 11, 2016 – Midland States Bank announced the promotion of Chuck Frederick to Director of Retail Banking for its retail banking footprint, and appointed his David Skinner to the position of Regional Retail Banking Center Manager for the St. Louis market area.
Toggle Summary Midland States Bank Foundation Announces $49,200 in Contributions to Area Organizations
EFFINGHAM, ILLINOIS – January 14, 2016 – The Midland States Bank Foundation today announced contributions totaling $49,200 to four organizations, including Champaign Parks Foundation, Presence Healthcare of Urbana, Centralia Cultural Society and Effingham County Cultural Center and Museum.
Toggle Summary Midland States Bank Helps to Improve Safety at Senior Community in Joliet
Senior Crimestoppers Charter Presentation to be held on January 27, 2016, at 1:00 pm at Marycrest Village, 2115 Marmion Avenue in Joliet, Illinois. JOLIET, ILLINOIS – January 8, 2016 – Residents of Marycrest Village in Joliet, Illinois, will live in a safer and even more secure environment with the
Toggle Summary Midland States Bank Opens New Banking Center in Jennings, Missouri
EFFINGHAM, ILLINOIS – October 13, 2015 – Midland States Bank has furthered its expansion into the St. Louis region by opening a new full-service banking center at 8021 W. Florissant Avenue, in the Buzz Westfall Plaza. This announcement follows Midland’s recent acquisition of eleven area Heartland
Toggle Summary Midland States Bank Opens Wealth Management Office in Downtown Decatur
EFFINGHAM, ILLINOIS – October 5, 2015 – Midland States Bank is pleased to announce the opening of its new Wealth Management office in the historic Olde City Hall building located at 240 South Main Street in Decatur, Illinois. “Midland is very excited to be a partner in the renovation of this
Toggle Summary Midland States Bank Opens New Downtown Effingham Office
EFFINGHAM, ILLINOIS – September 29, 2015 – Midland States Bank will officially open the doors of its new full-service banking center in downtown Effingham on Monday, October 5.  The new banking center at 110 South 5th Street is located within the same city block as Midland’s current facility at 133
Toggle Summary Midland States Bank Hires Frederick As St. Louis Regional Retail Banking Center Manager
EFFINGHAM, ILLINOIS – September 24, 2015 – Midland States Bank is pleased to announce the hiring of Chuck Frederick as Regional Retail Banking Center Manager for the St. Louis market area. In his role, Frederick’s responsibilities include managing and directing Midland’s newly acquired branches for
Toggle Summary Midland States Bank Announces New Market President for St. Louis
EFFINGHAM, ILLINOIS – September 24, 2015 – Midland States Bank is pleased to announce the promotion of Steve Linton to Market President for the St. Louis market. Linton is a member of the Midland States Bank Community Banking leadership team. In his new role, Linton will lead the sales and
Toggle Summary Midland States Bank Wealth Management Group Named to Top 50 U.S. Growth List
EFFINGHAM, ILLINOIS – May 6, 2015 – Midland States Bank’s Wealth Management Group has seen trust revenue growth of nearly twice the industry average. The results landed the bank on the 2014 “Nifty 50” Top 50 Banks for Trust Revenue Growth by Bank Director Magazine in its most recent issue.
Toggle Summary Midland States Bank Foundation Announces $127,000 in Contributions to Area Organizations
EFFINGHAM, ILLINOIS – March 25, 2015 – The Midland States Bank Foundation announced $127,000 in contributions to six organizations including the Workman Community Building Fund, Helen Matthes Library Building Fund, Hospital Sisters of St. Francis Foundation, The First Tee of Greater St.
Toggle Summary Midland States Bancorp, Inc. Announces Jason Ramthun To Serve As St. Louis Market President
EFFINGHAM, ILLINOIS – January 29, 2015 – Midland States Bancorp, Inc. today announced that Jason Ramthun has been promoted to President of Midland’s St. Louis Market.  Midland has a total of 21 banking locations in the St. Louis, Missouri metropolitan region, and has announced it will be opening
Toggle Summary Midland States Bancorp, Inc. Appoints Heartland Bank Executive Jason Penfield as Director of Commercial Lending
EFFINGHAM, ILLINOIS – January 29, 2015 – Midland States Bancorp, Inc. today announced that Jason Penfield has been appointed Director of Commercial Lending.  Midland acquired Heartland Bank, located in St. Louis, Missouri, at the end of 2014.  Penfield has been with Heartland since 2008, and was
Toggle Summary Midland States Bancorp, Inc. Announces New President of Residential Mortgage Operations
EFFINGHAM, ILLINOIS – January 20, 2015 – Midland States Bancorp, Inc., which recently acquired Heartland Bank and is also the parent of Midland States Bank, has announced that Cory Mackwood has been appointed President of Residential Mortgage Operations.  Midland has one of the largest residential
Toggle Summary Midland States Bank Opens Downtown Joliet Banking Center
EFFINGHAM, ILLINOIS – January 15, 2015 – Midland States Bank officially opened its new full-service banking center in downtown Joliet during a ribbon cutting with bank, city and chamber of commerce officials. The new banking center, located at 100 North Chicago Street, adjacent to the historic
Toggle Summary Midland States Bancorp, Inc. Announces Expansion of South Central Region to Include St. Louis
EFFINGHAM, ILLINOIS – January 14, 2015 – Midland States Bancorp, Inc., which recently acquired Heartland Bank and is the parent of Midland States Bank, has announced that the Heartland Bank locations recently acquired by Midland will become part of Midland’s South Central Region and headed up by
Toggle Summary Midland States Bancorp, Inc. Completes Acquisition of Heartland Bank
EFFINGHAM, ILLINOIS – December 31, 2014 – Midland States Bancorp, Inc., parent of Midland States Bank, announced that it has completed its acquisition of Heartland Bank. Midland also announced that Heartland Bank will be merged into Midland States Bank in the first quarter of 2015.
Toggle Summary Midland States Bank Announces Bloomington/Decatur Expansion and Appointment of Rudsinski as Market President
EFFINGHAM, ILLINOIS – December 3, 2014 – Midland States Bank is pleased to announce the expansion of commercial lending services in the Bloomington and Decatur markets and the appointment of Kurt Rudsinski as Market President. Midland opened Wealth Management offices in both cities earlier this
Toggle Summary Midland States Bank Opens Wealth Management Office in Downtown Decatur
EFFINGHAM, ILLINOIS – November 6, 2014 – Midland States Bank is pleased to announce the opening of its new Wealth Management office at 240 South Main in downtown Decatur.  The new office is located in the old city hall building, which was originally built in 1879 and is currently being renovated as
Toggle Summary Midland States Bank Hires T.W. Jolly as Director of Retail Banking
EFFINGHAM, ILLINOIS – October 29, 2014 – Midland States Bank has hired Toliver W. Jolly for its newly created position as Director of Retail Banking. In this new role, Jolly will be responsible for the development and sales management of consumer and small business banking products and services
Toggle Summary Midland States Bank Announces Community Development Plan
EFFINGHAM, ILLINOIS – September 29, 2014 – Midland States Bank today announced the adoption of a bank-wide Community Development Plan (CDP).  Midland’s CDP is partly designed to assist first time and lower income home buyers in its communities.  Other features of the plan are designed to help
Toggle Summary Midland States Bank Officer Receives Elite “CAMS” Anti-Money Laundering Credential
EFFINGHAM, ILLINOIS – September 19, 2014 – Midland States Bank is proud to announce that Ruthann Nichols was recently awarded the widely recognized CAMS® credential by the Association of Certified Anti-Money Laundering Specialists® (ACAMS®), the world’s leading organization of professionals in the
Toggle Summary Midland States Bank Breaks Ground on New Downtown Effingham Banking Center
EFFINGHAM, ILLINOIS – August 18, 2014 – Midland States Bank officially broke ground on its new full-service banking center in downtown Effingham during a ceremony with bank and city officials.  The new banking center, which will replace the current facility located at Jefferson and 5th Street, is
Toggle Summary Midland States Bank Announces Southern Illinois Expansion and Market President Appointment
EFFINGHAM, ILLINOIS – May 21, 2014 – Midland States Bank is pleased to announce the opening of a new commercial lending office in Marion, Illinois, and the appointment of Kevin Wilson as Market President. The new office will focus on commercial and small business programs and services.
Toggle Summary Midland States Bank Community Development and CRA Officer David Noble joins Board of Rebuilding Together® – St. Louis
EFFINGHAM, ILLINOIS – May 15, 2014 – David R. Noble, Community Development and CRA Officer for Midland States Bank, has joined the board of directors of Rebuilding Together® – St. Louis.  Rebuilding Together® – St. Louis provides free home repair for homeowners in need throughout St.
Toggle Summary Midland States Bank Announces Expansion into Bloomington and Decatur and Appointment of Ron Drane
EFFINGHAM, ILLINOIS – May 13, 2014 – Midland States Bank is pleased to announce the expansion of its Wealth Management business, with new offices in Bloomington and Decatur, Illinois, scheduled to open later this year. The Bank also announced the appointment of Ronald Drane as Managing Director of
Toggle Summary Midland States Bank Announces Will County Expansion and New Market President
EFFINGHAM, ILLINOIS – April 22, 2014 – Midland States Bank is pleased to announce the appointment of Anthony A. Denovellis as Market President of the Bank’s new lending office scheduled to open in Will County, Illinois, later this year. Joining Denovellis will be commercial relationship managers
Toggle Summary Midland States Bank Foundation Announces Contributions to the Champaign Park District and Presence Covenant Medical Center
EFFINGHAM, ILLINOIS – March 31, 2014 – Midland States Bank Foundation is pleased to announce contributions to the Champaign Park District and Presence Covenant Medical Center. The Midland States Bank Foundation recently contributed $80,000 to programs and projects in local communities.
Toggle Summary Midland States Bank Financial Strength Rating Remains “Superior” from Nationally Recognized Firm
EFFINGHAM, ILLINOIS – March 20, 2014 – Midland States Bank retained its five-star “Superior” rating from BauerFinancial, Inc., a nationally recognized bank rating and research firm. Bauer reserves its five-star rating for only those banks it rates as the strongest, safest banks in the United
Toggle Summary Midland States Bank Treasurer Selected as Charter Member of FHLB Advisory Committee
EFFINGHAM, ILLINOIS – March 17, 2014 – Michael Karibian, Corporate Treasurer for Midland States Bank, has been selected to serve as a charter member of the Federal Home Loan Bank of Chicago (FHLB) Member Advisory Committee. The new FHLB Member Advisory Committee was created to provide member banks
Toggle Summary Midland States Bank Names David Noble Community Development and CRA Officer
EFFINGHAM, ILLINOIS – February 11, 2014 – Midland States Bank announced that David R. Noble has been named Community Development and CRA Officer.   Noble will spearhead Midland’s corporate-wide community development plan. Following the announced acquisition of Heartland Bank in St.
Toggle Summary Midland States Bank to Open New Yorkville Banking Center on January 27
EFFINGHAM, ILLINOIS – January 15, 2014 – Midland States Bank has completed the remodeling and renovation of its new full-service Yorkville Banking Center and is scheduled to open on January 27, 2014. The single-story, 3100 square foot brick structure is located at 38 West Countryside Parkway – just
Toggle Summary Midland States Bank Helps Keep Seniors Safe at Joliet Care Center
EFFINGHAM, ILLINOIS – September 24, 2013 – Residents of Fairview Care Center in Joliet, Illinois, will live in a safer and even more secure environment with the help of Midland States Bank in Joliet.  Midland States Bank recently joined the Senior Housing Crime Prevention Foundation, Inc.
Toggle Summary Midland States Bancorp, Inc. Agrees to Acquire Heartland Bank
EFFINGHAM, ILLINOIS – September 12, 2013 – Midland States Bancorp, Inc., parent of Midland States Bank, headquartered in Effingham, Illinois, has agreed to acquire Heartland Bank and its subsidiaries from Love Savings Holding Company, parent company of Heartland Bank.
Toggle Summary Midland States Bank Hires Regional Banking Center Manager
EFFINGHAM, ILLINOIS – August 29, 2013 – Midland States Bank is pleased to announce the addition of Mark Grossi as Regional Banking Center Manager. In his new role, Grossi will be responsible for the management and coordination of consumer banking programs for Midland’s Northern and Eastern Illinois
Toggle Summary Fresh New Look and Enhanced Services at Former First National Bank of Grant Park Branches
EFFINGHAM, ILLINOIS – August 16, 2013 – Midland States Bank, which recently acquired First National Bank of Grant Park and its three branches, has completed its rebranding in Beecher and Bourbonnais and is currently working to remodel the exterior of the Grant Park branch.
Toggle Summary Midland States Bank Announces New Market President and Expansion into Yorkville
EFFINGHAM, ILLINOIS – August 9, 2013 – Midland States Bank is pleased to announce the appointment of Kenneth Spaeth as Market President of the Bank’s new Yorkville, Illinois, office scheduled to open later this year. Joining Spaeth will be Commercial Relationship Manager Matt Dennison, Banking
Toggle Summary Midland States Bancorp, Inc. Acquires First National Bank of Grant Park
EFFINGHAM, ILLINOIS – June 5, 2013 – Midland States Bancorp, Inc. has closed on its acquisition of First National Bank of Grant Park, which has branch locations in Grant Park, Beecher and Bourbonnais, Illinois.  Midland States Bancorp, Inc. is the holding company of Midland States Bank, which has
Toggle Summary Midland Wealth Management Group Names Culhane Chief Investment Officer. Wealth Management Group Surpasses $1 Billion Mark.
EFFINGHAM, ILLINOIS – May 22, 2013 – The Wealth Management Group of Midland States Bank has hired John P. Culhane, with more than 30 years of progressive financial investment management and leadership expertise, as Chief Investment Officer.   “We are extremely pleased to continue to add strong
Toggle Summary Midland States Bank Opens New Full Service Office in Champaign
EFFINGHAM, ILLINOIS – May 13, 2013 – Midland States Bank has opened its first full-service banking center in Champaign. This 4,500 square foot office is conveniently located just east of Mattis Avenue at 1617 W. Springfield Avenue.  Midland currently has 31 banking and wealth management offices in
Toggle Summary Midland States Bank Earns Top Financial Strength Rating From Nationally Recognized Firm
EFFINGHAM, ILLINOIS – April 18, 2013 – Midland States Bank has earned a five-star “Superior” rating from BauerFinancial, Inc., a nationally recognized bank rating and research firm. Bauer reserves its five-star rating for only those banks it rates as the strongest, safest banks in the United
Toggle Summary Midland States Bancorp, Inc. Agrees to Acquire Grant Park Bancshares, Inc.
EFFINGHAM, ILLINOIS – March 12, 2013 – Midland States Bancorp, Inc., parent of Midland States Bank, headquartered in Effingham, Illinois, has agreed to acquire Grant Park Bancshares, Inc., parent company of First National Bank of Grant Park.  First National Bank of Grant Park, with assets of $105.2
Toggle Summary Midland States Bank Acquires Settlement Trust Business from Securant Bank
EFFINGHAM, ILLINOIS – March 1, 2013 – Midland States Bank has completed the acquisition of Securant Bank’s Settlement Trust Group.  The acquisition further expands the client services offered by Midland’s Wealth Management business. The Settlement Trust Group, based in the Milwaukee area,
Toggle Summary Midland States Bank to Acquire Settlement Trust Business from Securant Bank
EFFINGHAM, ILLINOIS – February 21, 2013 – Midland States Bank has agreed to acquire Securant Bank’s Settlement Trust Group expanding its Wealth Management business line.  The Settlement Trust Group, based in the Milwaukee area, specializes in providing trust administration to clients receiving