---
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"
generated_at: "2026-05-27T13:50:52.278715+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Midland States Bancorp reports Q4 net loss of $54.8M; exits non-core consumer loan portfolios

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466026-25-000003
- JSON: https://secwatch.observer/filing/0001466026-25-000003.json
- Plain text: https://secwatch.observer/filing/0001466026-25-000003.txt

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