EFFINGHAM, Ill. , April 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2024 financial results after market close on Thursday, April 25, 2024 . Along with the press release announcing the financial results, the Company
EFFINGHAM, Ill. , Feb. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today that Gerald Carlson has been appointed to the Board of Directors of the Company and Midland States Bank . With the addition of Mr.
EFFINGHAM, Ill. , Feb. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its common stock, an increase of 3.3% from the previous quarterly cash dividend of $0.30 per share.
EFFINGHAM, Ill. , Feb. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (“Midland” or the “Company”) today announced that Jeffrey G. Ludwig , its President and Chief Executive Officer, has been appointed to the Federal Advisory Council (“FAC)” of the Board of Governors of
Fourth Quarter 2023 Highlights: Net income available to common shareholders of $18.5 million , or $0.84 per diluted share Adjusted earnings available to common shareholders of $19.8 million , or $0.89 per diluted share Tangible book value per share increased 7.8% from prior quarter to $23.35 Common
EFFINGHAM, Ill. , Jan. 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2023 financial results after market close on Thursday, January 25, 2024 . Along with the press release announcing the financial results, the Company
EFFINGHAM, Ill. , Dec. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to $25 million of its common stock.
EFFINGHAM, Ill. , Nov. 06, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its common stock. The dividend is payable on November 24, 2023 to all shareholders of record as of the
Third Quarter 2023 Highlights: Net income available to common shareholders of $15.8 million , or $0.71 per diluted share Adjusted earnings per diluted share of $0.78 reflects impact of balance sheet repositioning that is expected to be accretive to earnings prospectively Common equity tier 1
EFFINGHAM, Ill. , Oct. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2023 financial results after market close on Thursday, October 26, 2023 . Along with the press release announcing the financial results, the Company
EFFINGHAM, Ill. , Aug. 01, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its common stock. The dividend is payable on August 18, 2023 to all shareholders of record as of the
Second Quarter 2023 Highlights: Net income available to common shareholders of $19.3 million , or $0.86 per diluted share Efficiency ratio improved to 55.0% from prior quarter Total loan growth of $13.1 million , or 0.8% annualized Total deposit growth of $1.3 million or 0.1% annualized Common
EFFINGHAM, Ill. , July 07, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2023 financial results after market close on Thursday, July 27, 2023 . Along with the press release announcing the financial results, the Company
EFFINGHAM, Ill. , May 02, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its common stock. The dividend is payable on May 19, 2023 to all shareholders of record as of the close
First Quarter 2023 Highlights: Net income available to common shareholders of $19.5 million , or $0.86 per diluted share Total loan growth of $47.8 million , or 3.0% annualized from prior quarter Total deposits increased $60.5 million , or 3.8% annualized from prior quarter, with uninsured deposits
EFFINGHAM, Ill. , April 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2023 financial results after market close on Thursday, April 27, 2023 . Along with the press release announcing the financial results, the Company
23 rd consecutive year that Midland States Bancorp has increased its quarterly cash dividend EFFINGHAM, Ill. , Feb. 07, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its
Summary Net income available to common shareholders of $29.7 million , or $1.30 per diluted share $17.5 million gain on the termination of forward starting interest rate swaps, $3 .3 million loss on commercial mortgage servicing rights held for sale and $3.5 million impairment on other real estate
Conference call and webcast to be held on Friday, January 27 EFFINGHAM, Ill. , Jan. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2022 financial results after market close on Thursday, January 26, 2023 .
EFFINGHAM, Ill. , Dec. 06, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to $25 million of its common stock.
EFFINGHAM, Ill. , Oct. 31, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share of its common stock. The dividend is payable on November 21, 2022 to all shareholders of record as of the
Summary Net income of $23.5 million , or $1.04 diluted earnings per share ROAA of 1.22%, ROAE of 13.34% and ROATCE of 20.24% Total loans increased 27.8% annualized from prior quarter Continued growth in noninterest-bearing and total deposits Nonperforming assets declined 14.2% from end of prior
Conference call and webcast to be held on Friday, October 21 EFFINGHAM, Ill. , Oct. 05, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2022 financial results after market close on Thursday, October 20, 2022 .
EFFINGHAM, Ill. , Aug. 17, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (“Midland” or the “Company”) (Nasdaq: MSBI), the holding company for Midland States Bank (the “Bank”), announced today that it has priced an underwritten public offering of 4,600,000 depositary shares (the “depositary
EFFINGHAM, Ill. , Aug. 09, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The dividend is payable on or about August 26, 2022 to all shareholders of record as of the close of
Summary Net income of $21.9 million , or $0.97 diluted earnings per share ROAA, ROAE, and ROATCE all increased from prior quarter Total loans increased 18.5% annualized from prior quarter Net interest margin increased 15 basis points from prior quarter to 3.65% Efficiency ratio improved to 53.10%
Conference call and webcast to be held on Friday, July 29 EFFINGHAM, Ill. , July 06, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2022 financial results after market close on Thursday, July 28, 2022 .
EFFINGHAM, Ill. , June 21, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced the completion of its branch purchase and assumption of deposits and certain loans and other assets associated with FNBC Bank and Trust’s (“FNBC”) branches in
EFFINGHAM, Ill. , June 10, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today that Sherina Maye Edwards has been appointed to the Board of Directors of the Company and Midland States Bank . Ms.
EFFINGHAM, Ill. , May 03, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The dividend is payable on or about May 23, 2022 to all shareholders of record as of the close of
EFFINGHAM, Ill. , May 02, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced the formation of a partnership with LendingPoint, an AI-driven CreditTech platform that provides financing solutions to consumers.
Summary Net income of $20.7 million , or $0.92 diluted earnings per share Total loans increased 24.1% annualized Net interest income increased 4.7% from prior quarter to $56.8 million Net interest margin increased 25 basis points from prior quarter to 3.50% Efficiency ratio improved to 55.73% from
EFFINGHAM, Ill. , April 07, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced a new partnership with Synctera, who provides consulting and a technology platform that connects banks with fintech partners.
Conference call and webcast to be held on Friday, April 29 EFFINGHAM, Ill. , April 05, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2022 financial results after market close on Thursday, April 28, 2022 .
22nd consecutive year that Midland States Bancorp has increased its quarterly cash dividend EFFINGHAM, Ill. , Feb. 01, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share, an increase
Summary Net income of $23.1 million , or $1.02 diluted earnings per share Total loans increased 25.2% annualized Total deposits increased 9.1% from end of prior quarter Non-performing loans declined 22.0% from end of prior quarter Net interest income increased 5.7% from prior quarter to $54.3
EFFINGHAM, Ill. , Jan. 25, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced the signing of a branch purchase and assumption agreement with FNBC Bank & Trust (“FNBC”) whereby Midland will acquire the deposits and certain loans and
Conference call and webcast to be held on Friday, January 28 EFFINGHAM, Ill. , Jan. 05, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2021 financial results after market close on Thursday, January 27, 2022 .
EFFINGHAM, Ill. , Nov. 01, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share. The dividend is payable on or about November 29, 2021 to all shareholders of record as of the close of
Summary Net income of $19.5 million , or $0.86 diluted earnings per share Total loans increased 8.2% annualized, excluding commercial FHA lines and PPP loans Non-performing loans declined 11.0% from end of prior quarter Net interest margin increased 5 bps from prior quarter to 3.34% Efficiency
Conference call and webcast to be held on Friday, October 29 EFFINGHAM, Ill. , Oct. 06, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2021 financial results after market close on Thursday, October 28, 2021 .
EFFINGHAM, Ill. , Sept. 07, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved modifications to the Company’s previously announced stock repurchase program, which increase the aggregate repurchase authority to $75 million
EFFINGHAM, Ill. , Aug. 04, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share. The dividend is payable on or about August 20, 2021 to all shareholders of record as of the close of
Summary Net income of $20.1 million , or $0.88 diluted earnings per share Return on average shareholders’ equity of 12.59% Return on average tangible common equity of 17.85% Tangible common equity to tangible assets ratio increased 45 bps to 7.12% Book value and tangible book value per share
Conference call and webcast to be held on Friday, July 23 EFFINGHAM, Ill. , July 07, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2021 financial results after market close on Thursday, July 22, 2021 .
EFFINGHAM, Ill. , June 29, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) today announced the settlement of a prior tax issue related to the treatment of gains recognized on FDIC -assisted transactions that will result in a $6.75 million tax benefit that will be recognized in
EFFINGHAM, Ill. , June 02, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) today announced that Midland States Bank , its wholly-owned bank subsidiary, has completed its acquisition of substantially all of the trust assets of ATG Trust Company (“ATG Trust”).
EFFINGHAM, Ill. , May 04, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share. The dividend is payable on or about May 21, 2021 to all shareholders of record as of the close of
Summary Net income of $18.5 million , or $0.81 diluted earnings per share Efficiency ratio improved to 56.88% from 58.55% in Q4 2020 Return on average shareholders’ equity of 12.04% Return on average tangible common equity of 17.28% Tier 1 leverage ratio increased 29 bps to 7.79% Book value and
Conference call and webcast to be held on Friday, April 23 EFFINGHAM, Ill. , April 06, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2021 financial results after market close on Thursday, April 22, 2021 .
EFFINGHAM, Ill. , Feb. 10, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) today announced that Midland States Bank , its wholly-owned bank subsidiary, has signed an agreement to purchase substantially all of the trust assets of ATG Trust Company (“ATG Trust”), a trust company
21st consecutive year that Midland States Bancorp has increased its quarterly cash dividend EFFINGHAM, Ill. , Feb. 02, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share, an increase
Summary Net income of $8.3 million , or $0.36 diluted earnings per share Adjusted earnings of $12.5 million , or $0.54 diluted earnings per share, primarily reflecting the exclusion of $4.9 million of charges related to the prepayment of FHLB advances Total loans increased $161.9 million , or 3.3%,
Conference call and webcast to be held on Friday, January 29 EFFINGHAM, Ill. , Jan. 06, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2020 financial results after market close on Thursday, January 28, 2021 .
EFFINGHAM, Ill. , Nov. 09, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company”) today announced the retirement of John M. (Jack) Schultz from his position as Chairman of the Board of the Company, effective December 9, 2020 . Jeffrey C.
EFFINGHAM, Ill. , Nov. 05, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.2675 per share. The dividend is payable on or about November 30, 2020 to all shareholders of record as of the close of
Summary Net income of $ 8 6 thousand , or $0 . 00 diluted earnings per share Adjusted earnings of $12.0 million , or $ 0.52 diluted earnings per share, primarily reflects the exclusion of $ 13.9 million of charges related to branch and facilities optimization plan Total loans increased $ 102.
Conference call and webcast to be held on Friday, October 23 EFFINGHAM, Ill. , Oct. 06, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2020 financial results after market close on Thursday, October 22, 2020 .
EFFINGHAM, Ill. , Sept. 03, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (“Midland” or the “Company”) today announced a series of planned branch and corporate office reductions as part of its ongoing efforts to enhance efficiencies and financial performance.
EFFINGHAM, Ill. , Aug. 28, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (“Midland” or the “Company”) today announced that it had completed the sale of its commercial FHA origination platform, which operated through its Love Funding subsidiary, to Dwight Capital , a
EFFINGHAM, Ill. , Aug. 04, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.2675 per share. The dividend is payable on or about August 21, 2020 to all shareholders of record as of the close of
Summary Net income of $12.6 million , or $0.53 diluted earnings per share Total loans increased $463.2 million , or 10.6%, from the end of the prior quarter Total deposits increased $292.5 million , or 6.3%, from the end of the prior quarter Efficiency ratio of 58.5% Allowance for credit losses
Conference call and webcast to be held on Friday, July 24 EFFINGHAM, Ill. , July 07, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2020 financial results after market close on Thursday, July 23, 2020 .
EFFINGHAM, Ill. , May 05, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.2675 per share. The dividend is payable on or about May 22, 2020 to all shareholders of record as of the close of
Summary Net income of $1.5 million , or $0.06 diluted earnings per share New CECL accounting standard adopted as of January 1, 2020 , resulting in increase to allowance for credit losses on loans of $12.8 million and higher provision for credit losses on loans Financial results include $8.5 million
Conference call and webcast to be held on Friday, April 24 EFFINGHAM, Ill. , April 15, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2020 financial results after market close on Thursday, April 23, 2020 .
EFFINGHAM, Ill. , March 11, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved an amendment to the Company’s current stock repurchase program that increases the amount of common stock authorized for repurchase from $25
EFFINGHAM, Ill. , Feb. 04, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.2675 per share, which represents an increase of 10.3% from the prior quarterly cash dividend of $0.2425 per share.
Highlights Net income of $12.8 million , or $0.51 diluted earnings per share Adjusted earnings of $16.1 million , or $0.64 diluted earnings per share, primarily reflects the exclusion of $3.3 million in integration and acquisition expenses and a $1.8 million loss on the repurchase of subordinated
Conference call and webcast to be held on Friday, January 24 EFFINGHAM, Ill. , Jan. 07, 2020 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2019 financial results after market close on Thursday, January 23, 2020 .
EFFINGHAM, Ill. , Nov. 12, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company”) today announced that Eric T. Lemke has been appointed Chief Financial Officer of the Company and Midland States Bank , its wholly-owned subsidiary (the “Bank”). Jeff Ludwig , President
EFFINGHAM, Ill. , Nov. 11, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) today announced that members of its executive management team will be participating in the Sandler O’Neill East Coast Financial Services Conference in Naples, Florida on November 14 , 2019. During the
EFFINGHAM, Ill. , Nov. 07, 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 November 25, 2019 to all shareholders of record as of the close
Net income of $12.7 million , or $0.51 diluted earnings per share, which included $5.3 million , or $0.15 per diluted share, of integration and acquisition expenses Acquisition of HomeStar Financial Group, Inc. completed on July 17, 2019 Total assets surpassed $6 billion at September 30, 2019
Conference call and webcast to be held on Friday, October 25 EFFINGHAM, Ill. , Oct. 02, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2019 financial results after market close on Thursday, October 24, 2019 .
EFFINGHAM, Ill. , Sept. 20, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today the issuance of $100 million aggregate principal amount of fixed-to-floating rate subordinated notes (the “Notes”), consisting of $72.75 million of 10-year
EFFINGHAM, Ill. , Sept. 19, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) today announced that members of its executive management team will be participating in the Stephens 9 th Annual Bank Forum in Little Rock, Arkansas on September 25, 2019 .
EFFINGHAM, Ill. , Aug. 26, 2019 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today that Stephen A. Erickson , Chief Financial Officer, has resigned from the Company and Midland States Bank in order to accept a position with another financial
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
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
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.
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
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 .
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
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
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.
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
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 .
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
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
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 .
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
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.
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.
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
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.
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 .
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,
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
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
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
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 .
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
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
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,
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 .
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.
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
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
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
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.
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.
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 .
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
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
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
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”),
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
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 .
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
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.
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
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
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
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 .
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 ,
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 .
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
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
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
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
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
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
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 .
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
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
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
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
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.
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.
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 .
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
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
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
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.
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
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
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
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
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
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 .
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
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
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
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
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
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 .
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
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
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.
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
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
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
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
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.
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
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
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,
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
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
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.
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.
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
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
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
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
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
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
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.
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.
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
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
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
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
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
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.
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
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
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
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
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
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
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.
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.
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
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
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.
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
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
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.
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
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.
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.
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
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.
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
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
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
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
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
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
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,
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
