Midland States Bancorp, Inc.

Midland States Bancorp, Inc. is a diversified financial holding company headquartered in Effingham, Illinois, formed in 1988. Its banking subsidiary, Midland States Bank, an Illinois state-chartered bank formed in 1881, operates branches across Illinois and in Missouri. The company provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance, and financial planning services. As of December 31, 2025, the Company had total assets of $6.51 billion, and its wealth management group had assets under administration of approximately $4.48 billion. The principal business is Community Banking, which primarily involves commercial and retail lending and deposit taking. Midland States Bancorp delivers a comprehensive range of banking products and services to individuals, businesses, municipalities, and other entities within its market areas, including Illinois and the St. Louis metropolitan area. As of December 31, 2025, the company operated 53 full-service banking offices. The lending strategy aims for a broadly diversified loan portfolio based on customer type (businesses versus individuals), loan product (e.g., owner-occupied commercial real estate, commercial loans, agricultural loans), geographic location, and industries of business customers (e.g., manufacturing, retail, hospitality). Commercial lending activities primarily focus on loans originated from borrowers in its market areas, marketed through branch offices and personal service. The business development and marketing strategy primarily targets middle market businesses, with Commercial Loans being among its primary products and services.