# MIDLAND STATES BANK
EFFINGHAM, IL · FDIC certificate 1040 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $6.69B | |
| Deposits | $5.72B | |
| Loans and leases | $4.25B | |
| Total equity | $612.8M | |
| Loans / deposits | 73.24% (p21 of band) | 87.10% |
| Liquid assets / assets | 29.23% (p74 of band) | |
| Uninsured deposits / deposits | 22.73% (p23 of band) | 30.76% |
| Brokered deposits | 0.37% | |
| Wholesale funding | 4.56% (p44 of band) | |
| FHLB advances / assets | 3.86% | |
| Tier 1 leverage | 10.08% (p39 of band) | 10.50% |
| Unrealized securities loss / equity | -15.40% (p27 of band) | -7.75% |
| AOCI / equity | -1.24% (p13 of band) | |
| ROA (annualized) | 1.22% (p47 of band) | 1.26% |
| Net interest margin | 4.01% (p69 of band) | 3.70% |
| Efficiency ratio | 59.79% (p53 of band) | |
| Noncurrent loans | 1.43% (p83 of band) | 0.51% |
| Net charge-offs (annualized) | 0.58% (p96 of band) | |
| Reserve coverage of noncurrent | 102.69% | |
| Real estate % of loans | 68% | |
| Construction % of loans | 39.79% (p42 of band) | |
| Auto loans | $8.6M (0.20% of loans; DQ 1.21%, NCO 0.00%) | |
| Loans to nondepository financials | $279.2M (46% of equity) (p96 of band) | |
| Deposits YoY | -3.9% | |
| Employees | 782 | |

## Flags firing in the latest filing

- **charge-offs p90** (`aq_nco`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | wholesale funding >15%, reserve under noncurrent |  |
| 2011-06 | 2 |  |  |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 4 | deposits shrinking, assets shrinking |  |
| 2012-06 | 2 |  | deposits shrinking, assets shrinking |
| 2012-09 | 1 |  | reserve under noncurrent |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 0 |  | wholesale funding >15% |
| 2013-09 | 1 | wholesale funding >15% |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 2 | charge-offs p90, reserve under noncurrent | wholesale funding >15%, capital falling |
| 2014-06 | 2 |  |  |
| 2014-09 | 3 | wholesale funding >15% |  |
| 2014-12 | 4 | capital falling |  |
| 2015-03 | 2 |  | charge-offs p90, wholesale funding >15% |
| 2015-06 | 1 |  | capital falling |
| 2015-09 | 2 | charge-offs p90 |  |
| 2015-12 | 3 | capital falling |  |
| 2016-03 | 3 |  |  |
| 2016-06 | 1 |  | charge-offs p90, capital falling |
| 2016-09 | 2 | wholesale funding >15% |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 3 | capital falling |  |
| 2017-09 | 4 | loans exceed deposits, expense ratio p90 | capital falling |
| 2017-12 | 3 |  | expense ratio p90 |
| 2018-03 | 4 | expense ratio p90 |  |
| 2018-06 | 4 |  |  |
| 2018-09 | 3 | capital falling | loans exceed deposits, expense ratio p90 |
| 2018-12 | 3 | loans exceed deposits | capital falling |
| 2019-03 | 3 |  |  |
| 2019-06 | 2 |  | wholesale funding >15% |
| 2019-09 | 1 |  | loans exceed deposits |
| 2019-12 | 2 | capital falling |  |
| 2020-03 | 3 | charge-offs p90 |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 | loans exceed deposits | reserve under noncurrent |
| 2021-03 | 0 |  | capital falling, charge-offs p90, loans exceed deposits |
| 2021-06 | 1 | charge-offs p90 |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | capital falling |  |
| 2022-06 | 1 |  | capital falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 2 | uninsured deposits leaving |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 | noncurrent p90 | uninsured deposits leaving |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | reserve under noncurrent |  |
| 2025-03 | 6 | losing money, deposits shrinking, assets shrinking |  |
| 2025-06 | 3 |  | noncurrent p90, reserve under noncurrent, deposits shrinking |
| 2025-09 | 6 | loans-to-lenders >50% equity, deposits shrinking, uninsured deposits leaving |  |
| 2025-12 | 6 |  |  |
| 2026-03 | 4 |  | losing money, uninsured deposits leaving |
| 2026-06 | 2 |  | loans-to-lenders >50% equity, deposits shrinking |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-04-03 [Midland States Bancorp, Inc. To Announce First Quarter 2026 Financial Results On Thursday, April 23 - Yahoo Finance](https://news.google.com/rss/articles/CBMiogFBVV95cUxQXzJoYUlOYkFlVndUYVprNU9BemtETXNQY1hJVWFzSU5ET2NJdzQ4VjN6RVZJZXVHRi0xbGZ0eEhJRThtRVZjaERDNzR6eTROczhqby10VU1FUVBZVDJLSnhkaTdnTkIybDFYTGhnUGpJX0RHNlVFS25NVXQ5LW9QY2VHVkNod0gwczNoQ2l1Q2ZUVkg2bnFxVjNqak5zMmJIaUE?oc=5) · Yahoo Finance
- 2026-07-07 [Midland States Bank Promotes Aaron Myers To Market President - Effingham Radio](https://news.google.com/rss/articles/CBMipgFBVV95cUxNc1Y0VGZXbG9TS0dsemk5LUt5YXBkeFhDN2xiMXRhQmoyUnoxaWR6VERiOFgwSDdMelZtZ3Q5T2gzTVR4ckdiVUZyYXpmb1lUdVNnWjB2XzZVc1pxMS1MVmtHU0NQdWRMaE9NUVU1ZHdKQlZMWFRvQVNxRGt5VGNfejJwcHNDY0VDcmRDNmhlZG9JelJjLWlsT0tjYkVVNkFtVmdSQ3VR?oc=5) · Effingham Radio
- 2026-07-31 [Midland States Bank named 2025 Illinois SBA 504 Third-Party Lender of the Year - Shaw Local](https://news.google.com/rss/articles/CBMixwFBVV95cUxQaXR5WW81LWNhWnNfakNPN1FNMHlYYTdsWTI2Nlhza1VLYWVkcEJyNmxBU28tZGpiWkZEemFod19EcWJaWGl2a3BSa0ZoMG1za2hybUUxY3lsYUFOZjdwZndtNXMtVGZJY3NlWnU2Qk1tTTh5M24za3pGU0lQb3lsSXVfSEpDbjRNS3dnbUt1QmZ0UTJnclZ2OC1DLUdGYk12all1bmRhOUY0dVVXcGpRSDJraTZfVmppUHJZUkRzQW1IdGF5c19V?oc=5) · Shaw Local
- 2026-05-30 [Midland States Bank names St. Louis development leaders - St. Louis American](https://news.google.com/rss/articles/CBMisAFBVV95cUxQWWsxb2xCLUs3OU1zX0hPOHdjSnk2Mi03RnlRZEZEMjgwU0NJZGVELVk3Z2NhT3B6RW9LRnJGbDNuR09PeGJYSFZ0V1FWZnd6bERGLTl6TlZDQ2pacWNtZHhsNy1KeEtXSGFac1BVaHJ2WlJVUlg3QjEyY3BkUUZZazZZaXdndGZTY3RIN2lnc1d0c1VxUHRhS3VYWkdHNW1TUnpQdjlDSzZ5NUZLblVKbA?oc=5) · St. Louis American
- 2026-08-31 [Midland States Bank names Jessica Weber Director of Financial Planning and Analysis - Effingham Daily News](https://news.google.com/rss/articles/CBMiigJBVV95cUxPQ1kzcXM0c24xTmtOcjBnSy1jR2FtY1VLMXA2aG42Wjd5VU1naXhUNzJaZk1mSUpya3dTc3lKWGJ4MXltY092ZWRLT2RObTNvaXk0VUVsQ0tpVHk5TDZSRzRxWFpIUmpRTXVMQXNkUnprbVBpVVNnYWV0SFp6Z1hjRzJJOENmdnpLZ3Bod0JCay1ZczA1UVhTenUwZHZpLUJlZWFWRFg3UmJpMEZQSG5CT19ubi0ybko4aGQtTDlGU3B0eGV1eEotX3B5Y0RtUFhVdG1naExtblh5cGVuMDNxQ05LQlYybUhfaGRiSzZpam5meTBLaWNtYmdxS2F5WF9YQXVTVDgtcjVLQQ?oc=5) · Effingham Daily News
- 2025-11-11 [Bank with big St. Louis-area presence taps new leader in succession plan - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOYnM5WTBqdHIyaEVudDNqYjRfQ3FRdlFsZ1lNWldXOHBnVzdUR2piMW52UWZlamV1SXhSUWRaWHlCTDdPNDk3SEdRTmpGVDVzVGVhdEJlNjZsZ3lyMnJ4anNQcFFBUW9Kdk41X0RFRkZ1YkNBY2ZtMmVNTkQxaHNwNnQ3Zkw3czhJZk15UU9aM1FhUzlJeFdlSlB5SDZmVnJYNEFla1BGZ2piZw?oc=5) · The Business Journals
- 2026-01-02 [Midland States Bancorp, Inc. Scheduled to Release Fourth Quarter 2025 Financial Results on January 22, 2026 - Quiver Quantitative](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNUV9jRzlKcHVmZTZ4Zk56aW1iMUxUYUxFbnh6VzNlckRMRXJKSnAzSDdJVFd1anJZRUJIU196MGoydFV6bm9CVFN5dW9RRTMwWmJ3RFpONnhJU01iLVhsZjdzU2RKcHd3cmxJbnFPLTA5ZXZTcnF4S2ZuVWF3UnVsUzJaTmNrVVFzTHgxSVBkWlYtNmdOMXBIdVdGbnFuTi05RVFxS3dYM21oeEZfd0YyRFpyQWVkLU1qa2dGd3licF9JbkMydE95Q0dkNVNMREYzd3pwRExGWTVwcnVa?oc=5) · Quiver Quantitative
- 2026-02-27 [Mendota Bank Robbery Suspect Identified And Jailed - starvedrock.media](https://news.google.com/rss/articles/CBMi0AFBVV95cUxQVnhjbE9CQlVwQzRvUkRZN3h0WVpVbUxVeWNkc0xuUThja2NoZlRRckM2Rk10Q1hLY0F2d2daNjFLYVJ6VURMRFlXMnQtQVY3MnEwS0NuWm9ncFVFd251d25MeGp4MGxvcjVPeWRBdDBEQ1pXd2M4akRiMWxraUNsY1hES0ZFMk9MUkV3OHBnU3NRY1ZOQUliQ2ZJYU1xWUhVNTNjaXpHa0Z2bFRVOGIwN1RtN2lKeHd4eEdYR09CYWEtSEhFN1FFSDJrSl9jSjE5?oc=5) · starvedrock.media

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1040 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/16.json (key "1040", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide