Midland States Bancorp,Inc. (NASDAQ:MSBI) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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Midland States Bancorp,Inc. (NASDAQ:MSBI) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.

On October26, 2017, Midland States Bancorp,Inc. (the “Company” or “Midland”) issued a press release announcing its financial results for the third quarter of 2017. The press release is furnished herewith as Exhibit99.1.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October20, 2017, Kevin L. Thompson resigned from his positions as Chief Financial Officer, principal financial officer and principal accounting officer. The Company appointed Jeffrey G. Ludwig to serve as Chief Financial Officer, principal financial officer and principal accounting officer on an interim basis while the Company conducts an executive search for Mr.Thompson’s replacement.

Mr.Ludwig, 46, currently serves as Executive Vice President of the Company and as President of Midland States Bank, the Company’s wholly owned subsidiary, and previously served as the Company’s Chief Financial Officer from November2006 through November2016. A complete description of Mr.Ludwig’s positions with the Company and prior business experience is set forth in the Company’s proxy statement for its 2017 annual meeting of shareholders, filed with the Securities and Exchange Commission on March17, 2017, which description is incorporated herein by reference.

Item 7.01. Regulation FD Disclosure.

On October26, 2017, the Company made available on its website a slide presentation regarding the Company’s third quarter 2017 financial results, which will be used as part of a publicly accessible conference call on October27, 2017. The slide presentation is furnished herewith as Exhibit99.2.

The information furnished to Item 2.02 and this Item 7.01, and the related exhibits, shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Item 8.01. Other Events.

On October26, 2017, the Company issued a press release regarding the change in the Company’s Chief Financial Officer, which is filed herewith as Exhibit99.3.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.


Midland States Bancorp, Inc. Exhibit
EX-99.1 2 a17-24443_1ex99d1.htm PRESS RELEASE (THIRD QUARTER EARNINGS) Exhibit 99.1       For Immediate Release   MIDLAND STATES BANCORP,…
To view the full exhibit click here

About Midland States Bancorp,Inc. (NASDAQ:MSBI)

Midland States Bancorp, Inc. is a diversified financial holding company. The Company’s banking subsidiary is Midland States Bank (the Bank). The Company’s principal business activity has been lending to and accepting deposits from individuals, businesses, municipalities and other entities. The Company’s segments include Banking, which provides a range of financial products and services to consumers and businesses, including loan products; commercial equipment leasing; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts; merchant services, and corporate treasury management services; Commercial Federal Housing Administration (FHA) Origination and Servicing, which provides for the origination and servicing of government sponsored mortgages for multifamily and healthcare facilities, and Other, which includes the operating results of the Company and its wealth management business unit.