Midland States Bank: Financial Reports & UBPR Data
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Data as of · sourced from FFIEC call reports. How we update
Midland States Bank, based in Effingham, Illinois, reported $6.7 billion in assets at June 30, 2026, down 5.7% from a year earlier. It shrank its loan book 16.2% over the year, lower than about 9 in 10 of the 895 banks with $1 billion to $10 billion in assets (median 5.9%). It also carries problem assets equal to 8.9% of the capital and reserves that would absorb them, 2.5 times the median of 3.6% for banks its size.
Earnings jumped: net income for the quarter was $21 million, 49% above the same quarter a year earlier. Over the same year, loans shrank 16.2% and deposits shrank 3.9%.
As of June 30, 2026, Midland States Bank reported a CET1 capital ratio of 13.59%, a return on assets of 1.26%, a nonperforming-loan ratio of 2.44% and a Texas ratio of 8.90%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 1201 Network Centre Dr, Effingham, IL 62401
- County
- Effingham
- Metro Area
- Effingham, IL
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 8, St. Louis
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- January 1, 1881
- Offices
- 60 domestic
- Employees (FTE)
- 782
- Domestic deposits
- $5.72B
- Allowance for credit losses
- $62.5M
- Net charge-offs (YTD)
- $19.2M
- Average total assets
- $6.61B
- Average total loans
- $4.24B
- Average interest-bearing deposits
- $4.51B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1040
- Fed RSSD
- 773247
- SEC CIK
- 1466026 → filed by MIDLAND STATES BANCORP, INC.
- Website
- www.midlandsb.com →
- Parent Holding Company
- MIDLAND STATES BANCORP, INC. (RSSD 1491351) · MSBI
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Jeffrey G. Ludwig | CEO | President & CEO |
| Stack Claire Ann | CFO | EVP - Chief Financial Officer |
| Mooney Kyle Owen | COO | SVP - Chief Operating Officer |
| Jameson Jeremy Andrew | CCO | EVP - Chief Credit Officer |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Midland States Bank terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Midland States Bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Midland States Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.59% | 1.26% | 2.44% | 8.90% | 3.99% |
| Q1 2026 | 13.17% | 1.18% | 2.23% | 8.58% | 3.90% |
| Q4 2025 | 13.05% | -0.10% | 1.90% | 9.60% | 3.79% |
| Q3 2025 | 12.08% | 0.71% | 1.97% | 9.53% | 3.90% |
| Q2 2025 | 12.49% | 0.78% | 2.11% | 10.70% | 3.62% |
| Q1 2025 | 11.57% | -7.35% | 3.33% | 19.57% | 3.51% |
| Q4 2024 | 11.18% | -1.48% | 4.29% | 20.57% | 3.44% |
| Q3 2024 | 11.46% | 1.04% | 2.14% | 14.10% | 3.43% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 58 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Effingham Main Branch | Effingham , IL | 62401 | $818.0M |
| St. Charles Branch | Saint Charles , MO | 63304 | $534.4M |
| Rockford Facility | Rockford , IL | 61108 | $375.6M |
| Rockford Alpine Branch | Rockford , IL | 61107 | $251.0M |
| Kankakee Branch | Kankakee , IL | 60901 | $249.5M |
| North Branch | Dixon , IL | 61021 | $200.6M |
| New Sterling Branch | Sterling , IL | 61081 | $182.5M |
| Belvidere Office | Belvidere , IL | 61008 | $178.9M |
| 980 North Bradley Boulevard Office Branch | Bradley , IL | 60915 | $159.7M |
| Streator Main Branch | Streator , IL | 61364 | $157.4M |
| Manteno Branch | Manteno , IL | 60950 | $153.2M |
| Princeton Branch | Princeton , IL | 61356 | $152.9M |
| Joliet Il Branch | Joliet , IL | 60431 | $138.4M |
| Bourbonnais Branch | Bourbonnais , IL | 60914 | $117.2M |
| Machesney Facility | Machesney Park , IL | 61115 | $108.8M |
| Diamond Connection Facility | Diamond , IL | 60416 | $104.5M |
| Clayton Branch | Saint Louis , MO | 63105 | $103.6M |
| Cherry Valley Branch | Rockford , IL | 61112 | $90.1M |
| Grant Park Branch | Grant Park , IL | 60940 | $90.0M |
| Beecher Banking Center Branch | Beecher , IL | 60401 | $89.6M |
| East Veterans Parkway Branch | Yorkville , IL | 60560 | $82.3M |
| Centralia Branch | Centralia , IL | 62801 | $79.0M |
| Champaign Branch | Champaign , IL | 61821 | $75.3M |
| North Peru Branch | Peru , IL | 61354 | $70.4M |
| TriumphOttawa Branch | Ottawa , IL | 61350 | $69.2M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| October 19, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 19, 2019 | Structure Change | Acquired HomeStar Bank and Financial Services Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 14, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 14, 2018 | Structure Change | Acquired Alpine Bank & Trust Co. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 2, 2017 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 2, 2017 | Structure Change | Acquired Centrue Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| March 31, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| March 31, 2015 | Structure Change | Acquired Heartland Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 6, 2013 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 6, 2013 | Structure Change | Acquired The First National Bank of Grant Park Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 16, 2010 | Structure Change | Acquired Westbridge Bank & Trust Company Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| October 15, 2010 | Merger | Participated in FDIC Assisted Merger | FDIC |
| May 23, 2009 | Structure Change | Acquired Strategic Capital Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| May 22, 2009 | Merger | Participated in FDIC Assisted Merger | FDIC |
| February 14, 2009 | Structure Change | Acquired Commercial State Bank of Waterloo Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 13, 2009 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2004 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 15, 2000 | Structure Change | Acquired Centralia Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 14, 2000 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 27, 1999 | Structure Change | Acquired State Bank of Farina Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 26, 1999 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 21 events, scroll the table for the full history.
Regulatory record
What the public regulatory sources show for Midland States Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- 1 against the institution (Federal Reserve)
- November 20, 2013, Federal Reserve: Civil Money Penalty, $5,645: Midland States Bank, Effingham, Illinois
- Period: Most recent institution action November 20, 2013. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.6% of deposits in IL, rank 23 of 383 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 1,643 applications, 989 loans originated, $274.8M originated, across 21 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 23 loans, $8.0M approved, $347K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- Not on file: no CFPB complaints matched
- Period: not on file. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Midland States Bank
What are Midland States Bank's total assets?
As of the Q2 2026 filing, Midland States Bank reported total assets of $6.69 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Midland States Bank headquartered?
Midland States Bank is headquartered in Effingham, IL, United States. It files quarterly FFIEC call reports, as every FDIC-insured commercial bank must.
When was Midland States Bank founded?
Midland States Bank was established in 1881, per the FDIC institution directory.
Is Midland States Bank FDIC-insured?
Yes. Midland States Bank is an FDIC-insured commercial bank (FDIC Certificate #1040). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Midland States Bank?
Midland States Bank's primary federal regulator is the Federal Reserve. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Midland States Bank's CET1 capital ratio?
Midland States Bank reported a Common Equity Tier 1 (CET1) capital ratio of 13.59% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Midland States Bank operate?
Midland States Bank operates 60 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Midland States Bank's Texas Ratio?
Midland States Bank's Texas Ratio is 8.90% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
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