{"schema_version":"secwatch.filing_event.v1","accession":"0001466026-24-000005","form_type":"8-K","ticker":"MSBI","cik":"0001466026","company_name":"Midland States Bancorp, Inc.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.251233+00:00","generated_at":"2026-06-06T18:15:09.895256+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Midland States Bancorp Q4 net income $18.5M, EPS $0.84; tangible book value up 7.8%","bullets":["Net income available to common of $18.5M ($0.84 diluted EPS) vs $9.2M ($0.41) in Q3; adjusted EPS $0.89.","Tangible book value per share rose 7.8% QoQ to $23.35; CET1 ratio improved to 8.40% from 8.07%.","Net interest margin (tax-equivalent) stable at 3.21% vs 3.20% Q3; total loans declined 2.4% largely due to equipment finance and consumer runoff.","Loans 30-89 days past due increased to $82.8M from $46.6M; allowance for credit losses rose to 1.12% of loans from 1.06%.","Board authorized new $25M share repurchase program effective Jan 1, 2024; 135,685 shares repurchased in Q4 at avg $21.11."],"urls":{"canonical":"https://secwatch.observer/filing/0001466026-24-000005","json":"https://secwatch.observer/filing/0001466026-24-000005.json","markdown":"https://secwatch.observer/filing/0001466026-24-000005.md","text":"https://secwatch.observer/filing/0001466026-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1466026/000146602624000005/0001466026-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1466026/000146602624000005/msbi-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:15:09.895256+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3c6206bd2f4c051d6b5d66dc8782903a43c2c56b","claim":"Midland States Bancorp, Inc. reported the fourth quarter of 2023 results: net income $18.5 million, EPS $0.84 per diluted share.","evidence_excerpt":"Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported net income available to common shareholders of $18.5 million, or $0.84 per diluted share, for the fourth quarter of 2023, compared to $9.2 million, or $0.41 per diluted share, for the third quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1466026/000146602624000005/0001466026-24-000005-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Net income","value":"$18.5 million"},{"label":"EPS","value":"$0.84 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}