BankRankedMidland States Bank
ROA: Below AverageEffingham, IL | Charter: SM | Holding Company: MIDLAND STATES BCORP INC
Established: 1881-01-01
Total Assets
$6.50B
Total Deposits
$5.43B
Net Income
$-114457000
Branches
60
FDIC data last updated: April 2, 2026
Overview
Midland States Bank is a community bank, headquartered in Effingham, IL. With $6.50B in total assets, Midland States Bank holds a notable position in the U.S. banking landscape (Source: FDIC BankFind). The institution operates under a SM charter. It is part of the MIDLAND STATES BCORP INC holding company.
Midland States Bank holds approximately $5.43B in total deposits (Source: FDIC BankFind). The bank operates 60 branches, indicating a more focused geographic footprint. Established 1881-01-01, the institution has a track record in the banking industry.
This profile uses publicly available government data to present a factual overview. It does not constitute an endorsement or recommendation of this institution. Consumers may wish to consider factors such as account fees, digital banking features, and customer service when evaluating any bank.
Financial Health Analysis
Return on Assets (ROA)
-1.62%
National avg: 1.21%
Return on Equity (ROE)
-17.07%
National avg: 11.47%
FDIC Insured
Yes
Up to $250,000 per depositor
Midland States Bank reports a Return on Assets (ROA) of -1.62%, which is significantly below the national average of 1.21%, which may indicate weaker profitability (Source: FDIC BankFind). In practical terms, an ROA of -1.62% means that for every $100 in assets, the bank generates approximately $-1.62 in profit.
The bank's Return on Equity (ROE) is -17.07%, which is significantly below the national average of 11.47%, which may suggest challenges in generating shareholder returns (Source: FDIC BankFind). ROE measures how effectively a bank uses shareholder equity to generate profit.
Midland States Bank reported negative net income of $-114457000 in the most recent reporting period (Source: FDIC BankFind). Net income reflects overall profitability after all expenses, taxes, and provisions.
Past financial performance does not guarantee future stability or profitability. These metrics reflect a single reporting period and may vary from quarter to quarter. Consult a licensed financial professional before making banking decisions based on financial data.
Midland States Bank vs. national average
National averages calculated from all active FDIC-insured banks.
Customer Experience
CFPB complaint data is not available for Midland States Bank. This is common for smaller community banks and does not indicate a problem. The CFPB Consumer Complaint Database primarily tracks complaints for larger financial institutions that serve a high volume of consumers.
Branch and Access
Midland States Bank operates 60 branches, primarily serving regional markets (Source: FDIC BankFind). This branch count is typical for mid-size institutions that balance physical locations with digital banking services.
The bank is headquartered in Effingham, IL. Consumers considering this institution may want to verify branch locations near their home or workplace, as headquarter location does not always indicate where branches are concentrated.
Branch access is one factor in choosing a bank. Consumers who primarily use mobile and online banking may prioritize digital features and rates over physical branch proximity.
View banks in ILHow Midland States Bank compares to similar-sized banks
| Bank | Assets |
|---|---|
| Midland States Bank | $6.50B |
| BMW Bank of North America | $12.81B |
| PlainsCapital Bank | $12.75B |
| First Bank | $12.66B |
| Dollar Bank, Federal Savings Bank | $12.51B |
Data Sources
FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/
CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/
Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/
BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.