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: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Actual | | Fully Phased-In Regulatory Guidelines Minimum | | Required to be Well Capitalized Under Prompt Corrective Action Requirements | (dollars in thousands) | Amount | | Ratio | | Amount | | Ratio(1) | | Amount | | Ratio | December 31, 2024 | | | | | | | | | | | | Total risk-based capital ratio | | | | | | | | | | | | Midland States Bancorp, Inc. | $ | 833,709 | | | 13.07 | % | | $ | 669,998 | | | 10.50 | % | | N/A | | N/A | Midland States Bank | 792,327 | | | 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/A | | N/A | Midland States Bank | 712,263 | | | 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/A | | N/A | Midland States Bank | 712,263 | | | 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/A | | N/A | Midland States Bank | 712,263 | | | 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/A | | N/A | Midland States Bank | 809,596 | | | 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/A | | N/A | Midland States Bank | 722,122 | | | 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/A | | N/A | Midland States Bank | 722,122 | | | 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/A | | N/A | Midland States Bank | 722,122 | | | 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%.
|