About Midland States Bancorp, Inc. - Depositary Shares Each Representing a 1/40th Interest in a Share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred St (MSBIP)

Midland States Bancorp, Inc. is a financial holding company that specializes in community banking, commercial banking, and wealth management services. The company offers a range of financial products and services to individuals, businesses, and institutions. One of its notable offerings is the Depositary Shares, each representing a 1/40th interest in a Share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (MSBIP). These depositary shares provide investors with an opportunity to invest in the preferred stock of Midland States Bancorp, which offers a fixed-rate of return and potential upside if interest rates rise.

With a long history of serving its customers, Midland States Bancorp has built a reputation for providing reliable and personalized financial solutions. The company is committed to delivering exceptional customer service and building long-lasting relationships. Through its community banking division, Midland States Bancorp offers a wide range of financial products and services, such as checking and savings accounts, loans, and mortgages. Its commercial banking division provides tailored banking solutions to businesses of all sizes, including commercial lending, cash management, and treasury management services. Additionally, the company's wealth management division offers investment advisory services, trust and fiduciary services, and retirement planning solutions.