---
schema_version: "secwatch.filing_event.v1"
accession: "0001466026-25-000054"
form_type: "8-K"
ticker: "MSBI"
cik: "0001466026"
company_name: "Midland States Bancorp, Inc."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:18:36.921642+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Midland States Q3 net income $5.3M ($0.24/sh) vs $18.2M ($0.83) year ago; ceases equipment finance

## Summary
- Net income available to common shareholders $5.3M, or $0.24 diluted EPS, vs $9.8M ($0.44) in Q2 2025 and $18.2M ($0.83) in Q3 2024.
- Provision for credit losses on loans $20.5M, driven by higher loss given default assumptions in equipment finance; net charge-offs $12.3M.
- Ceased equipment finance originations effective September 30, 2025, to reduce higher-risk asset exposure.
- Net interest margin improved to 3.79% from 3.56% in Q2 2025; cost of deposits fell to 2.12%.
- Nonperforming assets dropped to 1.02% of total assets from 2.10% at Dec 31, 2024; CET1 ratio rose to 9.37%.

## SEC filing metadata
- accession: 0001466026-25-000054
- form_type: 8-K
- ticker: MSBI
- cik: 0001466026
- company_name: Midland States Bancorp, Inc.
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466026/000146602625000054/0001466026-25-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466026/000146602625000054/msbi-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466026-25-000054
- JSON: https://secwatch.observer/filing/0001466026-25-000054.json
- Plain text: https://secwatch.observer/filing/0001466026-25-000054.txt

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