Midland States Bank appoints new finance leadership team members. Effingham, IL / Effingham Radio Oct 27, 2026 | 6:00 AM Effingham, IL-(Effingham Radio)- Midland States Bank (the "Bank") announced today the appointments of Matthew Shelton as Corporate Controller and Tori Flach as Director of Financial Reporting. "Matthew and Tori each bring valuable experience that strengthens our Finance organization," said Claire Stack, Executive Vice President and Chief Financial Officer. "Their leadership enhances our accounting and financial reporting capabilities and reinforces the strong financial stewardship that supports Midland's long-term success." Shelton brings more than 27 years of experience in accounting and financial reporting, including leadership roles in SEC reporting, bank accounting, internal controls, regulatory reporting and finance operations. As Corporate Controller, he oversees the Bank's accounting operations and helps ensure the accuracy and integrity of Midland's financial reporting. Shelton has extensive experience leading accounting organizations within publicly traded financial institutions. He earned a bachelor's degree in accounting from the University of Missouri-St. Louis and passed the Uniform CPA Examination. Flach joins Midland as Director of Financial Reporting. Most recently, she served as an Assurance Manager with CBIZ, where she led audit engagements, advised clients on financial reporting matters and supported process improvement initiatives. At Midland, she oversees internal and external financial reporting and supports the Bank's regulatory and public company reporting activities. Flach earned a Master of Professional Accountancy and a bachelor's degree in accounting from Butler University. She is a Certified Public Accountant and received the Elijah Watt Sells Award from the American Institute of Certified Public Accountants in recognition of exceptional performance on the Uniform CPA Examination. These leadership appointments further strengthen Midland's accounting and financial reporting capabilities in support of the Bank's long-term strategic objectives. About Midland States Bancorp, Inc. Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of September 30, 2026, the Company had total assets of approximately $6.82 billion, and its Wealth Management Group had assets under administration of approximately $4.77 billion. The Company provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit www.midlandsb.com or www.linkedin.com/company/midland-states-bank. Download the free Effingham Radio app for music, news, contests and more! Weather. Top stories. 29.5K Views 9.8K Views

Midland States Bancorp reported third-quarter 2026 net income available to common shareholders of $20.6 million, or $0.95 per diluted share. That compares with $17.7 million in the second quarter and $5.3 million a year earlier. The Illinois-based bank holding company posted a return on average assets of 1.35% and a net interest margin of 4.03%, up from 3.98%. The margin included a $1.6 million interest recovery on a nonaccrual loan payoff. Total loans rose $39.1 million to $4.28 billion, including $23.7 million of growth in the Community Bank portfolio. Total deposits fell $89.8 million to $5.62 billion. Nonperforming assets fell to 0.86% of total assets. Chief executive officer Jeffrey G. Ludwig said the company is making progress resolving legacy credit issues. The company has $24.8 million left under its $45 million share repurchase program.

Midland States Bank names jessica Weber Director of Financial Planning and Analysis. EFFINGHAM, Ill. - August 28, 2026 -Jessica Weber has joined Midland States Bank as Director of Financial Planning and Analysis. In this role, Weber will lead the Bank's financial planning and forecasting functions and partner with leaders across the organization to provide financial insights that support strategic decision-making and Midland's long-term strategic plan. Weber brings more than 15 years of finance leadership experience spanning financial planning and analysis, strategic operations and executive decision support. Throughout her career across both large organizations and privately held businesses, she has partnered with leadership and is seen as a strong team collaborator to support long-term planning, operational performance and business growth. "Jessica is a strong leader with a proven ability to combine strategic thinking with operational execution," said Claire Stack, Chief Financial Officer of Midland States Bank. "Her broad financial expertise, analytical mindset and collaborative approach make her an excellent addition to our Finance team. We look forward to the perspective and leadership she will bring as we continue executing our long-term strategy." Weber earned a Master of Science in Corporate Finance from Washington University and holds two bachelor's degrees from the University of Illinois Urbana-Champaign in Economics and Urban and Regional Planning. A dedicated business leader and community advocate, she co-owns Weber's Jewelry and JJ Dust Trucking, providing financial leadership and strategic support, she also serves on the Next Gen Board for the Retail Jewelers Organization and is an active member of 100+ Women Who Care of Effingham County. About Midland States Bancorp, Inc. Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of June 30, 2026, the Company had total assets of approximately $6.70 billion, and its Wealth Management Group had assets under administration of approximately $4.78 billion. The Company provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit midlandsb.com or follow Midland States Bank on LinkedIn. social share