Midland States Bancorp, Inc. filings document the regulatory record of an Illinois financial holding company with Nasdaq-listed common stock and depositary shares representing interests in its Series A preferred stock. Current reports record quarterly results, Regulation FD presentations, dividend declarations, stock repurchase authorizations and securities information for MSBI and MSBIP.
Proxy and annual-meeting materials cover director elections, advisory compensation votes, auditor ratification and shareholder voting results. Other filings disclose board composition, officer changes, capital-return actions and formal governance matters at the holding company and Midland States Bank subsidiary.
Midland States Bancorp reported a strong turnaround in the first quarter of 2026. Net income available to common shareholders was $16.2 million, or $0.74 per diluted share, compared with a loss of $5.1 million, or $0.24 per share, in the prior quarter and a loss of $143.2 million a year earlier.
Adjusted earnings available to common shareholders were $17.2 million, or $0.79 per diluted share, and adjusted pre-provision net revenue was $30.5 million. Net interest margin improved to 3.91% as deposit costs declined to 1.81%. Community Bank loans grew $68.8 million while total loans eased to $4.34 billion and deposits rose to $5.44 billion. Credit quality strengthened, with nonperforming assets at 0.91% of total assets and net charge-offs at 0.64% of average loans. Capital remained solid, with a common equity tier 1 ratio of 9.98%, and the company repurchased $7.8 million of common stock.
Midland States Bancorp, Inc. president and CEO Jeffrey G. Ludwig reported an amended insider transaction reflecting a corrected share amount acquired through the company’s Employee Stock Purchase Plan. He received 1,312 shares of common stock at $19.05 per share for the calendar quarter.
After this grant/award acquisition, his directly held common stock position increased to 400,971.432 shares. The amendment states the original report inadvertently showed an incorrect share amount, while all other information related to this plan-based acquisition remains unchanged.
Midland States Bancorp EVP and Chief Credit Officer Jeremy Andrew received an amended grant of 1,311 shares of Common Stock under the company’s Employee Stock Purchase Plan. The Form 4/A corrects the number of shares previously reported as acquired for the calendar quarter.
The shares were acquired through his contributions to the plan, at a purchase price of $19.05 per share, based on the ESPP feature that uses the lower of 90% of the fair market value on the first day of the quarter or the closing price on the last day. Following this acquisition, he directly owns 65,194 shares of Midland States Bancorp common stock.
Midland States Bancorp director Richard Dean Bingham reported a small equity award under a deferred compensation plan. On March 31, 2026, he acquired 448.124 common share equivalents at $22.97 each through dividend reinvestment in the Directors Deferred Compensation Plan. Each common share equivalent is economically equal to one share of common stock and becomes payable when his service as a director ends. After this grant, he holds 22,735.8203 common share equivalents in the plan, alongside 9,879.106 underlying common shares from restricted stock units, direct and indirect common stock positions, and 4,000 Series A Preferred Depositary Shares. He disclaims beneficial ownership of some reported securities beyond his pecuniary interest.
Midland States Bancorp director Jennifer DiMotta acquired additional equity-based compensation through the company’s deferred compensation plan. She received 227.1620 common share equivalents in the DDCP on the transaction date, at a reference value of $22.9700 per equivalent.
Each common stock equivalent is the economic equivalent of one share of common stock and was credited via dividend reinvestment on existing DDCP balances, fully vesting immediately and payable upon termination of board service. After this transaction, DiMotta holds 11,195.2547 common share equivalents in the plan, 5,338.0000 common shares underlying restricted stock units, and 6,799.0000 shares of common stock directly.
Midland States Bancorp, Inc. director Jerry L. McDaniel reported receiving a grant of 544.005 common share equivalents on March 31, 2026 at $22.97 per share. These were acquired through dividend reinvestments in the Deferred Director Compensation Plan and are fully vested, becoming payable upon termination of his board service.
Following this transaction, he directly holds 37,532.7143 common share equivalents and 2,060 underlying shares through restricted stock units, plus 8,258 common shares directly and additional indirect holdings through a revocable trust and a family account, subject to a disclaimer of beneficial ownership beyond his pecuniary interest.
Midland States Bancorp director Jeffrey M. McDonnell acquired 387.914 common share equivalents on March 31, 2026 through dividend reinvestment in the company’s deferred director compensation plan at $22.97 per unit. Each unit is economically equal to one common share, fully vested on grant, and payable when his board service ends.
After this award, he directly holds 18,777.8558 common share equivalents, restricted stock units representing 9,455.125 underlying common shares, and 1,987 common shares, plus 24,245 common shares held indirectly through a revocable trust, all subject to his pecuniary-interest beneficial ownership disclaimer.
Midland States Bancorp, Inc. director Jeffrey C. Smith acquired additional common share equivalents through dividend reinvestment in a deferred compensation plan. On the transaction date, he received 300.1630 and 319.3640 common share equivalents at reference prices of $22.97 and $22.31, which are economically equal to common stock and fully vested immediately. After these grants, he directly holds 9,038.9202 common share equivalents, 13,126.306 Restricted Stock Units tied to common stock, and 34,109 shares of common stock.
Midland States Bancorp director Richard T. Ramos received additional deferred equity compensation through the company’s plan. On March 31, 2026, he acquired 705.277 common share equivalents, each economically equal to one common share, at a reference value of $22.97 per unit via dividend reinvestment in the DDCP.
After this grant, he holds 46,339.8711 common share equivalents in the plan, which are payable upon termination of his service as a director. Separately, he directly holds 20,103 shares of common stock and deferred rights equivalent to 4,990 shares through restricted stock units. No open‑market buys or sells were reported in this filing.