Midland States Bancorp, Inc. Completes the Acquisition of Centrue Financial Corporation
“This acquisition fits squarely into our strategic plan of making accretive acquisitions in good markets. We believe we can realize strong synergies through this transaction while also increasing our ability to grow our customer base in northern and central Illinois,” said Mr. Holschbach.
The transaction will increase the Midland branch network to approximately 50 locations across
Special Note Concerning Forward-Looking Statements
Readers should note that this press release includes “forward-looking statements,” including but not limited to statements about the Centrue transaction. These statements are subject to many risks and uncertainties, including the possibility that any of the anticipated benefits of the transaction will not be realized within the expected time period or at all and the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events. Readers should note that the forward-looking statements included in this press release are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “will,” “propose,” “may,” “plan,” “seek,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue,” or similar terminology. Any forward-looking statements presented herein are made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
Kevin L. Thompson, Chief Financial Officer, at firstname.lastname@example.org or (217) 342-7321 Douglas J. Tucker, Sr.V.P., Corporate Counsel, at email@example.com or (217) 342-7321