Midland States Bancorp reported a FY 2025 net loss of USD 124.3 million, with a diluted loss per common share of USD 6.12. Net interest income was USD 236.8 million, and provision for credit losses was USD 59.8 million. Noninterest income totaled USD 88.2 million, while noninterest expense rose to USD 380.0 million, including a USD 154.0 million goodwill impairment charge in Q1 2025. For FY 2025, Midland’s tax-equivalent net interest margin was 3.64%. Total assets were USD 6.51 billion at December 31, 2025, with deposits of USD 5.42 billion and shareholders’ equity of USD 565.5 million. Total loans (gross) were USD 4.35 billion at year-end, and the allowance for credit losses was USD 69.2 million (1.59% of total loans). Nonperforming loans ended FY 2025 at USD 65.5 million (1.50% of total loans). Key updates included the sale of participation interests in USD 317.5 million of the GreenSky consumer loan portfolio in April 2025 (retaining USD 53.6 million), and the sale of substantially all of the equipment finance portfolio in Q4 2025, resulting in a USD 21.4 million loss on sale; Midland also ceased originating new equipment finance loans and leases effective September 30, 2025 and recorded USD 1.0 million of severance expense in Q3 2025. The company redeemed USD 50.8 million of fixed-to-floating subordinated notes due 2029 on September 30, 2025 (7.91% rate). Wealth management reported FY 2025 revenue of USD 31.0 million, with assets under administration of USD 4.48 billion at December 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Midland States Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001466026-26-000020), on March 02, 2026, and is solely responsible for the information contained therein.