Midland States Bancorp, Inc. files 10-Q

Midland States Bancorp, Inc. reported a net income of $18.5 million for the first quarter of 2026, a significant improvement from a net loss of $141.0 million in the same period of 2025, primarily driven by a substantial decrease in noninterest expense, including a goodwill impairment charge in the prior year. The company's total assets grew slightly to $6.55 billion, while total loans saw a minor decrease to $4.34 billion.