v3.25.2
CAPITAL REQUIREMENTS (Tables)
12 Months Ended
Dec. 31, 2024
Capital Requirements [Abstract]  
Schedule of Actual and Required Capital Amounts and Ratios
At December 31, 2024 and 2023, the Company’s and the Bank’s actual and required capital ratios were as follows:
ActualFully Phased-In
Regulatory
Guidelines Minimum
Required to be
Well Capitalized Under
Prompt Corrective
Action Requirements
(dollars in thousands)AmountRatioAmount
Ratio(1)
AmountRatio
December 31, 2024
Total risk-based capital ratio
Midland States Bancorp, Inc.$833,709 13.07 %$669,998 10.50 %N/AN/A
Midland States Bank792,327 12.43 669,052 10.50 $637,192 10.00%
Tier 1 risk-based capital ratio
Midland States Bancorp, Inc.685,934 10.75 542,379 8.50 N/AN/A
Midland States Bank712,263 11.18 541,614 8.50 509,754 8.00
Common equity tier 1 risk-based capital ratio
Midland States Bancorp, Inc.510,435 8.00 446,665 7.00 N/AN/A
Midland States Bank712,263 11.18 446,035 7.00 414,175 6.50
Tier 1 leverage ratio
Midland States Bancorp, Inc.685,934 9.03 255,237 4.00 N/AN/A
Midland States Bank712,263 9.38 254,877 4.00 318,596 5.00
December 31, 2023 (restated)
Total risk-based capital ratio
Midland States Bancorp, Inc.$866,878 12.37 %$735,539 10.50 %N/AN/A
Midland States Bank809,596 11.57 734,781 10.50 $699,791 10.00%
Tier 1 risk-based capital ratio
Midland States Bancorp, Inc.685,767 9.79 595,437 8.50 N/AN/A
Midland States Bank722,122 10.32 594,823 8.50 559,833 8.00
Common equity tier 1 risk-based capital ratio
Midland States Bancorp, Inc.510,269 7.28 490,360 7.00 N/AN/A
Midland States Bank722,122 10.32 489,854 7.00 454,864 6.50
Tier 1 leverage ratio
Midland States Bancorp, Inc.685,767 8.73 280,206 4.00 N/AN/A
Midland States Bank722,122 9.20 279,917 4.00 349,896 5.00
(1)Total risk-based capital ratio, Tier 1 risk-based capital ratio and Common equity tier 1 risk-based capital ratio include the capital conservation buffer of 2.5%.