{"schema_version":"secwatch.filing_event.v1","accession":"0001466026-25-000003","form_type":"8-K","ticker":"MSBI","cik":"0001466026","company_name":"Midland States Bancorp, Inc.","filed_at":"2025-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.705887+00:00","generated_at":"2026-05-27T13:50:52.278715+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Midland States Bancorp reports Q4 net loss of $54.8M; exits non-core consumer loan portfolios","bullets":["Net loss available to common shareholders of $54.8M ($2.52 diluted loss per share), vs. Q3 income of $16.2M.","Sold $87.1M LendingPoint portfolio; committed to sell $371.7M Greensky portfolio, recognizing combined $50.7M charge-offs/provision.","Net charge-offs of $102.7M and provision for credit losses of $93.5M, driven by credit deterioration in consumer, Specialty Finance, and equipment finance.","Substandard accruing loans fell $88.7M to $78.8M; nonperforming loans rose $25.6M to $140.1M.","Net interest margin improved to 3.19% (from 3.10% Q3); total risk-based capital ratio 13.38%."],"urls":{"canonical":"https://secwatch.observer/filing/0001466026-25-000003","json":"https://secwatch.observer/filing/0001466026-25-000003.json","markdown":"https://secwatch.observer/filing/0001466026-25-000003.md","text":"https://secwatch.observer/filing/0001466026-25-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1466026/000146602625000003/0001466026-25-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1466026/000146602625000003/msbi-20250123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T13:50:52.278715+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}