Highest-materiality recent filing
Midland States Bancorp appoints Claire Stack as permanent CFO, effective May 8, 2026
Claire Stack, age 38, was EVP and CFO of Midland States Bancorp and its bank subsidiary since May 8, 2026.
All four Class I directors elected: DiMotta (9.3M for, 6.4M against), Ludwig (15.1M for, 0.9M against), Ramos (14.8M for, 1.1M against), Smith (14.7M for, 1.2M against).
Midland States Bancorp boosts stock buyback authorization to $45M, extends to Dec 31, 2026
Board increased repurchase authorization from $25M to $45M; program extended to December 31, 2026.
Midland States Bancorp declares $0.32 common and $0.4844 preferred dividends
Common dividend $0.32 per share; payable May 22, 2026; record date May 15, 2026.
Midland States Q1 net income $16.2M ($0.74 EPS), swing from prior losses
Net income available to common shareholders of $16.2M ($0.74 EPS) vs Q4 loss of $5.1M and Q1 2025 loss of $143.2M.
Midland States Bancorp terminates CFO Eric Lemke; appoints Claire Stack as interim CFO
Eric Lemke terminated as CFO and principal financial/accounting officer effective March 5, 2026.
Board increased from 10 to 11; James F. Deutsch appointed as Class II director effective Feb 3, 2026, term expiring at 2027 annual meeting.
Midland States Bancorp declares $0.32 quarterly common dividend; $0.4844 preferred dividend
Common dividend $0.32/share, payable Feb. 20, 2026, record Feb. 13, 2026.
Midland States Bancorp Q4 2025 net loss $5.1M; adjusted EPS $0.53; sells equipment finance portfolio
Net loss available to common shareholders of $5.1M ($0.24 diluted EPS) vs Q3 income of $5.3M ($0.24).
Chief Accounting Officer Donald J. Spring to retire; CFO Eric T. Lemke to assume role
Donald J. Spring, Chief Accounting Officer & Corporate Controller, announced retirement effective January 2, 2026.
Midland States Bancorp sells equipment finance portfolio to North Mill for $502M
Sale closed Nov 28, 2025 for $502M cash; portfolio was $599M gross ($565M net) plus $21M operating leases.
Jeffrey S. Mefford, President of Midland States Bank and EVP of the Company, will retire effective June 30, 2026.
Midland States declares $0.32 dividend and authorizes $25M stock buyback
Common dividend of $0.32/share payable Nov 21, 2025 to holders of record Nov 14 (unchanged from prior quarter).
Midland States Q3 net income $5.3M ($0.24/sh) vs $18.2M ($0.83) year ago; ceases equipment finance
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.
Midland States Bancorp to redeem all $50.75M subordinated notes on Sept 30, 2025
Redeeming $50.75M Fixed-to-Floating Rate Subordinated Notes due 2029 on September 30, 2025.
Midland States Bancorp receives Nasdaq deficiency notice for delayed Q2 10-Q filing
Received Nasdaq notice on Aug 19, 2025 for failure to timely file Q2 2025 Form 10-Q.
Midland States Bancorp reports annual meeting results; all proposals approved
Three Class III directors elected: R. Dean Bingham, Jerry L. McDaniel, Jeffrey M. McDonnell (each with majority support).
Midland States Bancorp raises quarterly common dividend 3.2% to $0.32/share
Quarterly cash dividend on common stock increased to $0.32 from $0.31 per share, a 3.2% rise.
Midland States Q2 net income $9.8M ($0.44 diluted), down from $23.5M ($1.06) YoY
Net income available to common shareholders of $9.8M ($0.44 diluted EPS), down 58% from $23.5M ($1.06) in Q2 2024.
Midland States Bancorp receives Nasdaq deficiency notice for delayed 10-K and 10-Q filings
Nasdaq notice received May 19, 2025 for failure to timely file FY2024 10-K and Q1 2025 10-Q.
Director Sherina M. Edwards resigns from Midland States Bancorp board
Sherina M. Edwards resigned from the Board effective May 12, 2025.
Midland States declares $0.31 common and $0.4844 preferred dividends
Quarterly common dividend of $0.31 per share, payable May 23, 2025 to holders of record May 16, 2025.
Preliminary Q1 EPS $0.57; restatement for 2024 ongoing, GreenSky loan sale closed
Net income available to common shareholders $12.6M, diluted EPS $0.57 for Q1 2025 (preliminary, unaudited).
Midland States Bancorp restates 2022-2024 financials; sells $330M GreenSky portfolio
Audit committee concludes financials for 2022-2024 and 2024 interim periods should no longer be relied upon due to accounting errors in third-party loan origination programs.
Midland States Bancorp receives Nasdaq deficiency notice for late 10-K filing
Received Nasdaq notice on April 3, 2025 for failing to file 2024 Form 10-K on time.
Midland States Bancorp declares $0.31 common dividend and $0.4844 preferred dividend
Quarterly cash dividend of $0.31 per common share, payable Feb 21, 2025 to holders of record Feb 14, 2025.
Midland States Bancorp reports Q4 net loss of $54.8M; exits non-core consumer loan portfolios
Net loss available to common shareholders of $54.8M ($2.52 diluted loss per share), vs. Q3 income of $16.2M.
Midland States Bancorp SVP and Corporate Counsel Douglas Tucker retires
Douglas J. Tucker retired as Senior Vice President and Corporate Counsel on January 3, 2025.
Midland States Bancorp files investor presentation with Q3 2024 financial and strategic update
Total assets $7.8B, loans $5.7B, deposits $6.3B as of Sept 30, 2024.
Common dividend $0.31/share payable Nov 25, 2024 to holders of record Nov 18, 2024.
Net income available to common shareholders of $16.2M ($0.74 diluted EPS) vs $4.5M ($0.20) in Q2 2024.
Midland States Bancorp appoints Jeremy Jameson as Chief Credit Officer, succeeding retiring CCO
Jeremy Jameson joins as Chief Credit Officer of Midland States Bank, effective August 12, 2024.
Midland States Bancorp declares $0.31 common dividend; $0.4844 preferred dividend
Quarterly cash dividend of $0.31 per common share declared, payable Aug 23, 2024 to holders of record Aug 16, 2024.
Midland States Bancorp Q2 2024: Net income $4.5M, EPS $0.20; community bank loans +$91M
YTD adj. ROAA 0.53%, adj. ROTCE 6.51%; TCE/TA 6.59%.
Net income available to common shareholders was $4.5 million ($0.20/diluted share), down from $11.7 million in Q1 2024 and $19.3 million in Q2 2023.
Midland States Bancorp Q1 2024 EPS $0.53, adjusted ROATCE 9.34%, outlines strategy
Net income available to common shareholders $11.7M, diluted EPS $0.53; YTD adjusted ROAA 0.72%, adjusted ROATCE 9.34%.
Midland States Bancorp declares $0.31 common dividend, $0.4844 preferred dividend
Quarterly common dividend of $0.31 per share, payable May 24, 2024, to holders of record May 17, 2024.
Midland States Bancorp appoints Travis Franklin to board; annual meeting results announced
Travis J. Franklin appointed as Class II director effective May 7, 2024, term expiring at 2027 annual meeting.
Midland States Bancorp Q1 EPS $0.53 down 37% QoQ; NPLs double to $105M
Diluted EPS $0.53 vs $0.84 in Q4 2023 and $0.86 in Q1 2023; net income available to common $11.7M.
On May 11, 2026, Midland States Bancorp, Inc. (the “Company”) announced that Claire A. Stack was appointed as Executive Vice President and Chief Financial Officer of the Company and its wholly owned banking subsidiary, Midland States Bank (the “Bank”), effective May 8, 2026.
On May 12, 2025, Sherina M. Edwards informed Midland States Bancorp, Inc. (the “Company”) of her resignation from the Company’s Board of Directors (the “Board”), effective May 12, 2025.
On January 3, 2025, Douglas J. Tucker retired from his position as Senior Vice President and Corporate Counsel of Midland States Bancorp, Inc.
On May 7, 2024, the board of directors of Midland States Bancorp, Inc. (the “Company”), the holding company of Midland States Bank (the “Bank”), appointed Travis J. Franklin as a director of the Company.
Max materiality 0.90 · Median 0.55 · Most common event leadership