Midland States Bancorp Inc

Midland States Bancorp Inc operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals businesses municipalities and other entities It operates through Banking Wealth Management and Other segments The company accepts various deposits such as checking savings money market and sweep accounts as well as certificates of deposits It also offers term loans to purchase capital equipment lines of credit for working capital and operational purposes commercial real estate loans for owner occupied and nonowner occupied commercial property as well as farmland loans construction and land development loans developers of commercial real estate investment properties residential developments individual clients for construction of single family homes as well as to construct owneruser properties and residential real estate loans and home equity lines of credit In addition the company provides consumer installment loans for the purchase of cars boats and other recreational vehicles as well as for the purchase of major appliances and other home improvement projects commercial equipment leasing and trust and wealth management products and services including financial and estate planning trustee and custodial services investment management tax and insurance planning business planning corporate retirement plan consulting and administration and retail brokerage services As of December 31 2021 it operated 52 fullservice banking offices The company was founded in 1881 and is headquartered in Effingham Illinois