{"schema_version":"secwatch.filing_event.v1","accession":"0001466026-25-000010","form_type":"8-K","ticker":"MSBI","cik":"0001466026","company_name":"Midland States Bancorp, Inc.","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.376987+00:00","generated_at":"2026-05-23T02:14:10.814654+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"Preliminary Q1 EPS $0.57; restatement for 2024 ongoing, GreenSky loan sale closed","bullets":["Net income available to common shareholders $12.6M, diluted EPS $0.57 for Q1 2025 (preliminary, unaudited).","Company expects restatement of 2024 financials; audit not yet completed due to third-party lending accounting evaluation.","Sold ~$330M (89%) of GreenSky loan portfolio in April 2025; remaining retained under new servicing agreement.","Net charge-offs $16.9M, including $11.1M fully reimbursed from third-party programs; equipment finance charge-offs $4.5M.","Community Bank loans grew $56.8M; overall loans declined $149.5M due to intentional reduction in Specialty Finance and Equipment Finance."],"urls":{"canonical":"https://secwatch.observer/filing/0001466026-25-000010","json":"https://secwatch.observer/filing/0001466026-25-000010.json","markdown":"https://secwatch.observer/filing/0001466026-25-000010.md","text":"https://secwatch.observer/filing/0001466026-25-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1466026/000146602625000010/0001466026-25-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1466026/000146602625000010/msbi-20250430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:14:10.814654+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"}