Here are the 10-Q quarterly reports from Midland States Bancorp, Inc. (MSBIP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MSBIP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MSBIP filings page.
Midland States Bancorp, Inc. reported third-quarter net income of $22.808 million, compared with $7.557 million a year earlier; diluted earnings per common share were $0.95 versus $0.24. For the nine months ended September 30, 2026, net income was $61.159 million, compared with a $121.393 million net loss in 2025. Quarterly net interest income was $62.722 million versus $61.117 million, while total provision for credit losses was $3.735 million versus $20.005 million.
At September 30, 2026, total assets were $6.817 billion, deposits were $5.617 billion and loans were $4.283 billion. Net cash provided by operating activities for the first nine months was $84.810 million, compared with $132.741 million in 2025.
Available-for-sale securities had $174.763 million of gross unrealized losses at September 30, compared with $85.137 million at December 31, 2025. The company said the losses generally reflected interest rates and other market conditions rather than credit-related impairment; it did not intend to sell and was not more likely than not to be required to sell the securities before anticipated recovery of amortized cost. Third-quarter other comprehensive loss, net of tax, was $54.266 million, and total comprehensive loss was $31.458 million.
Midland States Bancorp, Inc. reported improved profitability for the quarter ended June 30, 2026. Net income was 19,888 (dollars in thousands), up from 12,024, and net income available to common shareholders was 17,660. Diluted earnings per common share rose to 0.82 from 0.44. For the first six months of 2026, net income was 38,351 versus a net loss of 128,950 in the prior-year period, which had been affected by goodwill impairment.
Net interest income was 59,589 for the quarter and 117,006 year to date, similar to 2025, while the total provision for credit losses declined to 6,819 for the quarter and 11,822 year to date, from 17,369 and 28,219. Noninterest income increased modestly, led by higher wealth management and credit enhancement income, and noninterest expense fell sharply due to the absence of prior-year impairment. At June 30, 2026, total loans were 4,243,704 and deposits 5,707,278 (dollars in thousands). The allowance for credit losses on loans decreased to 62,519, and nonaccrual loans were 57,458, while loan restructurings to borrowers experiencing financial difficulty totaled 26,583 over the first six months.
Midland States Bancorp, Inc. reported net income of $18.5 million for the three months ended March 31, 2026, compared with a net loss driven by a large goodwill impairment a year earlier. Net interest income was $57.4 million, as lower interest expense offset softer loan interest.
Total loans were $4.34 billion and deposits were $5.44 billion, showing a largely stable balance sheet. The allowance for credit losses on loans was $67.9 million, with a $5.0 million provision and net charge-offs concentrated in commercial and consumer portfolios. Common shareholders earned $0.74 per diluted share.