Company Description
Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities.
It operates through the Banking and Wealth Management segments. The company offers commercial loans; commercial real estate loans that include a variety of property types, such as owner-occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, assisted living facilities, and farmland; construction and land development loans comprising loans to small and midsized businesses to construct owner-user properties, loans to developers of commercial real estate investment properties and residential developments, and loans to individual clients for construction of single family homes; and residential real estate loans, including first and second mortgage loans, and home equity lines of credit.
It also provides commercial equipment leasing; depository products, including checking, savings, money market, certificates of deposits, and sweep accounts; trust and wealth management products and services comprising financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration, and retail brokerage services.
The company was founded in 1881 and is headquartered in Effingham, Illinois.
| Country | United States |
| Founded | 1881 |
| IPO Date | May 24, 2016 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 896 |
| CEO | Jeffrey Ludwig |
Contact Details
Address: 1201 Network Centre Drive Effingham, Illinois 62401 United States | |
| Phone | 217 342 7321 |
| Website | midlandsb.com |
Stock Details
| Ticker Symbol | MSBI |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001466026 |
| CUSIP Number | 597742105 |
| ISIN Number | US5977421057 |
| Employer ID | 37-1233196 |
| SIC Code | 6022 |
Key Executives
| Name | Position |
|---|---|
| Jeffrey G. Ludwig CPA | President, Chief Executive Officer and Vice Chairman |
| Eric T. Lemke CPA | Chief Financial Officer |
| Jeffrey S. Mefford | Executive Vice President |
| Daniel E. Casey | Senior Vice President and Chief Risk Officer of Midland States Bank |
| Donald J. Spring | Chief Accounting Officer and Corporate Controller |
| Kyle Mooney | Chief Information Officer |
| Gerald Maloney | Chief Compliance Officer |
| Shonna Kracinski | Director of Human Resources |
| Danny Leon Stevenson C.F.A., CFA | Executive Vice President of Consumer Banking and Wealth Management |
| Timothy J. Spitz | Senior Vice President of Banking |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jul 8, 2025 | ARS | Filing |
| Jul 1, 2025 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Jul 1, 2025 | DEF 14A | Other definitive proxy statements |
| Jul 1, 2025 | 10-K | Annual Report |
| May 23, 2025 | 8-K | Current Report |
| May 13, 2025 | 8-K | Current Report |
| May 9, 2025 | NT 10-Q | Notification of inability to timely file Form 10-Q or 10-QSB |
| May 6, 2025 | 8-K | Current Report |
| Apr 30, 2025 | 8-K | Current Report |
| Apr 25, 2025 | 8-K | Current Report |