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Midland States Bank is pleased to announce that it has been named to Newsweek magazine’s ranking of America’s Best Banks. “This acknowledgement emphasizes our mission of serving our customers where, when and how they want,” commented Jeffrey G. Ludwig, CEO of Midland States Bank. “We thank our customers and communities for placing trust in us to handle their financial needs in a responsible and transparent manner for more than 140 years.” Newsweek worked in partnership with LendingTree to evaluate thousands of FDIC-insured banks and credit unions on more than 50 different categories. Factors included the health of the bank, customer service performance and features, digital and branch presence, as well as account and loan options to identify the best-in-class options for consumers.

Best Small Bank 2023
Midland States Bancorp, Inc. Announces 2019 Third Quarter Results Net income of $12.7 million, or $0.51 diluted earnings per share, which included $5.3 million, or $0.15 per diluted share, of integration and acquisition expenses Acquisition of HomeStar Financial Group, Inc. completed on July 17, 2019 Total assets surpassed $6 billion at September 30, 2019 Efficiency ratio improved to 60.6% from 61.6% in prior quarter
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