secwatch.observer — SEC 8-K summary
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Issuer:     Midland States Bancorp, Inc. (MSBI)
CIK:        0001466026
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001466026-26-000012
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Midland States Bancorp Q4 2025 net loss $5.1M; adjusted EPS $0.53; sells equipment finance portfolio
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- Net loss available to common shareholders of $5.1M ($0.24 diluted EPS) vs Q3 income of $5.3M ($0.24).
- Adjusted earnings available to common shareholders of $11.9M ($0.53 diluted EPS) excludes $21.4M loss on equipment finance sale.
- Net interest margin 3.74%, down 5 bps QoQ; cost of deposits fell 17 bps to 1.95%.
- Nonperforming assets stable at 1.02% of total assets; allowance for credit losses dropped to 1.59% of loans due to portfolio sale.
- Common equity tier 1 capital ratio improved to 9.89%; repurchased $9.6M of common stock in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466026/000146602626000012/0001466026-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466026/000146602626000012/msbi-20260122.htm
  HTML page:      https://secwatch.observer/filing/0001466026-26-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer