Midland States Bank

Bank

Midland States Bank is a Effingham, IL-based FDIC-insured commercial bank with $6.5B in total assets and $2.5B in commercial real estate loans, representing 39% of total assets.

BankType
ILHQ

Key Contacts

Midland States Bank - Main Office

FDIC Financial Overview

$6.5B

Total Assets

$2.5B

CRE Loans

38.5%

CRE Concentration

$382M

Multifamily

$286M

Construction

$1.8B

Commercial RE

-5.8%

Asset Growth (YoY)

-1.6224706421650827%

ROA

-17.07%

ROE

CRE / Total Assets38.5%

Above 300% CRE concentration guidance threshold

Source: FDIC Quarterly Call Reports (20251231)

FHA Portfolio

340

Active Loans

$1.7B

Outstanding

4.03%

Avg Rate

33 yr

Avg Term

Rates and balances on FHA-insured loans currently held in portfolio, as of February 2026

Rate Range: 2.11%–8.13%

10 loans ($8.6M) maturing by 2031

MaturityRate
May 20273.5%
Sep 20283.89%
Feb 20293.44%
Apr 20294%
Jun 20298.13%
Aug 20295.25%
Nov 20296.1%
May 20304.13%
Sep 20306.35%
Dec 20305.85%

Top States: OH (33) · MI (32) · TN (28) · ME (17) · TX (16)

Source: HUD Insured Multifamily Mortgages

Lending Programs

Visit midlandsb.com for current lending programs and rates.

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