MSBI Midland States Bancorp, Inc.

Margins & Returns

Midland States Bancorp, Inc. serves as the financial holding company for Midland States Bank, delivering a broad spectrum of banking products and services to individual consumers, businesses, municipalities, and various other entities. Its operations are strategically divided into Banking, Wealth Management, and Other segments. The bank offers a comprehensive suite of deposit solutions, including checking, savings, money market, and sweep accounts, in addition to certificates of deposit (CDs). Regarding lending, Midland provides diverse financing options such as term loans for capital equipment, lines of credit for working capital and operational needs, and commercial real estate loans covering owner-occupied, investment properties, and farmland. It also finances construction and land development projects for both commercial real estate and residential developments, including single-family homes and owner-user properties. Residential customers can access mortgage loans and home equity lines of credit (HELOCs). For consumers, the company extends installment loans for significant purchases like automobiles, recreational vehicles, major appliances, and home improvement projects. Additionally, the bank offers commercial equipment leasing. Within its Wealth Management segment, Midland provides an array of advisory and management services. These encompass 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. As of December 31, 2021, the company operated 52 full-service banking branches. Established in 1881, Midland States Bancorp, Inc. maintains its headquarters in Effingham, Illinois.