For the quarter ending 2026-03-31, MSBIP had -$14,153K decrease in cash & cash equivalents over the period. $16,348K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 18,463 | -2,888 | 7,557 | -128,950 |
| Provision for credit losses | 5,003 | 11,625 | 20,005 | 28,219 |
| Depreciation on premises and equipment | 1,217 | 1,220 | 1,216 | 2,456 |
| Impairment on goodwill | 0 | 0 | 0 | 153,977 |
| Amortization of intangible assets | 717 | 743 | 743 | 1,738 |
| Amortization of operating lease right-of-use asset | 395 | 392 | 390 | 788 |
| Amortization of loan servicing rights | 385 | 563 | 564 | 1,139 |
| Share-based compensation expense | 939 | 728 | 651 | 1,534 |
| Increase in cash surrender value of life insurance | 2,076 | 2,060 | 2,090 | 4,059 |
| Gain on proceeds from company-owned life insurance | - | 0 | 0 | 343 |
| Investment securities accretion, net | 4,387 | 3,409 | 3,350 | 6,937 |
| Loss on sales of investment securities, net | -1,731 | 0 | 14 | 0 |
| Gain on repurchase of subordinated debt | - | 0 | 0 | 0 |
| Gain on sales of other real estate owned | - | 85 | 0 | 39 |
| Impairment on other real estate owned | - | 0 | 0 | 0 |
| Origination of loans held for sale | 27,193 | 26,035 | 29,644 | 45,532 |
| Proceeds from sales of loans and leases held for sale | 30,531 | 26,509 | 59,999 | 47,026 |
| Gain on sale of loans held for sale | - | 597 | 660 | 1,303 |
| Gain on mortgage servicing rights held for sale | 2,077 | 18 | - | - |
| Loss on sale of loan portfolios | - | -23,051 | - | - |
| Impairment on leased assets and surrendered assets | - | 684 | - | - |
| Accrued interest receivable | 2,051 | -2,848 | 1,619 | -276 |
| Credit enhancement asset | 919 | 6,792 | -35 | -11,004 |
| Other assets | -3,613 | -1,614 | -10,330 | -12,539 |
| Accrued expenses and other liabilities | -7,324 | -35,155 | 15,872 | -20,777 |
| Net cash provided by operating activities | 16,967 | -7,062 | 79,985 | 28,056 |
| Purchases of investment securities available for sale | 241,888 | 222,595 | 182,011 | 36,898 |
| Proceeds from sales of investment securities available for sale | 98,599 | -1 | 103,759 | 0 |
| Maturities and payments on investment securities available for sale | 61,993 | 84,554 | 68,645 | 53,249 |
| Purchases of equity securities | 59 | 22 | 119 | 15 |
| Proceeds from sales of equity securities | - | 0 | - | - |
| Net decrease in loans | -4,737 | 48,655 | -155,919 | -142,578 |
| Proceeds from sales of consumer loans held for sale | - | 61,099 | - | - |
| Proceeds from sales of loan portfolios | - | 456,331 | 0 | 61,099 |
| Purchases of premises and equipment | 619 | 740 | 1,373 | 1,387 |
| Proceeds from sale of premises and equipment | 195 | 0 | - | - |
| Purchases of nonmarketable equity securities | 50 | 78,952 | 26,972 | 42,963 |
| Proceeds from redemptions of nonmarketable equity securities | 2,813 | 83,625 | 27,393 | 49,813 |
| Proceeds from sales of mortgage servicing rights held for sale | 5,727 | - | - | - |
| Proceeds from sales of other real estate owned | 198 | 88 | 0 | 3,991 |
| Proceeds from company-owned life insurance, net | 0 | 0 | 0 | -1,166 |
| Net cash provided by (used in) investing activities | -68,354 | 334,732 | 145,241 | 229,467 |
| Net increase (decrease) in deposits | 15,688 | -180,446 | -342,094 | 10,485 |
| Net increase (decrease) in short-term borrowings | 93,244 | -86,585 | 138,112 | -31,570 |
| Net increase (decrease) in short-term fhlb advances | -25,000 | -80,000 | -22,000 | -158,000 |
| Proceeds from long-term fhlb advances | 0 | 0 | 125,000 | 128,000 |
| Payments made on long-term fhlb advances | 30,000 | 0 | 75,000 | 123,000 |
| Payments and subordinated debt redemption | - | 0 | 50,750 | 0 |
| Cash dividends paid on preferred stock | 2,228 | 2,228 | 2,229 | 2,228 |
| Cash dividends paid on common stock | 6,889 | 7,095 | 7,017 | 6,785 |
| Common stock repurchased | 7,924 | 9,658 | 0 | 0 |
| Proceeds from issuance of common stock under employee benefit plans | 343 | 6 | 312 | 156 |
| Net cash provided by (used in) financing activities | 37,234 | -366,006 | -235,666 | -182,942 |
| Net decrease in cash and cash equivalents | -14,153 | -38,336 | -10,440 | 74,581 |
| Beginning of period | 127,811 | -51,381 | 114,766 | - |
| End of period | 113,658 | -38,336 | 166,147 | - |
Midland States Bancorp, Inc. (MSBIP)
Midland States Bancorp, Inc. (MSBIP)