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Midland States Bancorp, Inc. Common Stock, also called Midland States Bank, is a bank holding company, which engages in the provision of commercial and consumer banking products and services through its subsidiary, Midland States Bank. Read More It operates through the following segments: Banking; Wealth Management; Commercial Federal Housing Administration Origination and Servicing; and Other. The Banking segment offers financial products and services such as loans, mortgage loan sales and servicing, letters of credit, deposit products, merchant services, and corporate treasury management services. The Wealth Management segment consists trust and fiduciary services, brokerage, and retirement planning services. The Commercial Federal Housing Administration Origination and Servicing segment refers to the origination and servicing of government sponsored mortgages for multifamily and healthcare facilities. The Other segment comprises operating results of the parent company, captive insurance business unit, and the elimination of intercompany transactions. The company was founded in 1988 and is headquartered in Effingham, IL. The listed name for MSBI is Midland States Bancorp, Inc. Common Stock.
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