---
schema_version: "secwatch.filing_event.v1"
accession: "0001466026-23-000003"
form_type: "8-K"
ticker: "MSBI"
cik: "0001466026"
company_name: "Midland States Bancorp, Inc."
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:07:37.210950+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Midland States Bancorp Q4 net income $29.7M ($1.30 EPS), up 26% QoQ; ends GreenSky partnership

## Summary
- Net income available to common $29.7M, diluted EPS $1.30, vs $23.5M ($1.04) Q3 and $23.1M ($1.02) year ago.
- Net interest income $63.6M, down 0.7% from Q3; NIM 3.50% vs 3.63% prior.
- Noninterest income $33.8M including $17.5M gain on termination of forward starting interest rate swaps.
- Total loans $6.31B, up 7% annualized; deposits $6.36B, slightly down; TBV per share up 4%.
- Terminating GreenSky loan origination participation effective Oct 21, 2023; GreenSky to service existing loans.

## SEC filing metadata
- accession: 0001466026-23-000003
- form_type: 8-K
- ticker: MSBI
- cik: 0001466026
- company_name: Midland States Bancorp, Inc.
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466026/000146602623000003/0001466026-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466026/000146602623000003/msbi-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466026-23-000003
- JSON: https://secwatch.observer/filing/0001466026-23-000003.json
- Plain text: https://secwatch.observer/filing/0001466026-23-000003.txt

## Key facts
- Earnings Releases
  Midland States Bancorp, Inc. reported financial results for the fourth quarter of 2022.
  - Period: the fourth quarter of 2022
  - Result: reported results
  source text: On January 26, 2023 , Midland States Bancorp, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter of 2022 . The press release is attached as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1466026/000146602623000003/0001466026-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.