• Midland States Bancorp posted Q2 2026 net income available to common shareholders of $17.7 million, rising 9.26% from Q1; diluted EPS climbed 10.81% to $0.82.
• Net interest margin widened 0.07 percentage points to 3.98%; return on average assets edged up to 1.22% from 1.16% in Q1.
• Total loans fell $94.9 million to $4.24 billion, reflecting planned runoff in specialty finance and non-core portfolios; total deposits increased $267.2 million to $5.71 billion.
• Net charge-offs rose to $12.5 million from $6.7 million in Q1, including an $8.6 million charge-off tied to a nonperforming commercial real estate credit.
• CEO Jeffrey G. Ludwig cited continued progress in transforming the bank, highlighting margin expansion, reduced reliance on higher-cost brokered deposits, and higher capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Midland States Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001466026-26-000071), on July 23, 2026, and is solely responsible for the information contained therein.