Midland States Bancorp (MSBI) Registration filing summary

Company overview and business model

• Illinois financial holding company formed in 1988; banking subsidiary operates branches in Illinois and Missouri and offers commercial and consumer banking, merchant card services, wealth management, insurance and financial planning.�

• Strategy centers on a high-tech, high-touch customer experience, community banking, relationship-driven growth and a regional franchise approach.�

Financial performance and metrics

• As of June 30, 2026, total assets were $6.70 billion; wealth management assets under administration were $4.78 billion.�

• At June 30, 2026, 20,725,814 common shares were issued and outstanding, including shares issuable upon vesting of outstanding restricted stock awards; 115,000 Series A preferred shares were outstanding.�

Use of proceeds and capital allocation

• Unless a prospectus supplement specifies otherwise, net proceeds may fund general corporate purposes, subsidiary investments or advances, working capital, capital expenditures, repurchases, debt repayment or acquisitions.�

• Pending deployment, proceeds may be placed in temporary investments or deposit accounts at a banking subsidiary; each supplement will state the specific use for that offering.�