2020 Q1 Form 10-Q Financial Statement

#000155837020004829 Filed on April 30, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.700M $1.600M
YoY Change 6.25% -60.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $14.66M $13.83M
YoY Change 6.02% 66.24%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.005M $18.34M
YoY Change -89.07% 476.24%
Income Tax $456.0K $4.354M
% Of Pretax Income 22.74% 23.75%
Net Earnings $1.549M $13.98M
YoY Change -88.92% 674.2%
Net Earnings / Revenue
Basic Earnings Per Share $0.06 $0.58
Diluted Earnings Per Share $0.06 $0.57
COMMON SHARES
Basic Shares Outstanding 24.43M shares 24.00M
Diluted Shares Outstanding 24.54M shares 24.20M

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.106B
YoY Change
Cash & Equivalents $449.4M $276.5M
Short-Term Investments $656.3M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $90.12M $105.2M
YoY Change -14.34% 10.39%
Goodwill $172.8M
YoY Change
Intangibles $33.12M
YoY Change
Long-Term Investments $46.10M $46.00M
YoY Change 0.22% 18.25%
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $6.208B $5.642B
YoY Change 10.04% -1.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.100M $6.300M
YoY Change 12.7% 31.25%
Accrued Expenses $15.00M $11.20M
YoY Change 33.93%
Deferred Revenue
YoY Change
Short-Term Debt $43.58M $115.8M
YoY Change -62.37% -11.4%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $22.10M $17.50M
YoY Change 26.29% 264.58%
LONG-TERM LIABILITIES
Long-Term Debt $217.9M $142.1M
YoY Change 53.34% 0.42%
Other Long-Term Liabilities $39.80M $36.10M
YoY Change 10.25% -9.3%
Total Long-Term Liabilities $257.7M $178.2M
YoY Change 44.61% -1.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.10M $17.50M
Total Long-Term Liabilities $257.7M $178.2M
Total Liabilities $5.577B $5.018B
YoY Change 11.15% -2.34%
SHAREHOLDERS EQUITY
Retained Earnings $153.7M
YoY Change
Common Stock $234.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $631.2M $624.2M
YoY Change
Total Liabilities & Shareholders Equity $6.208B $5.642B
YoY Change 10.04% -1.43%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $1.549M $13.98M
YoY Change -88.92% 674.2%
Depreciation, Depletion And Amortization $1.700M $1.600M
YoY Change 6.25% -60.0%
Cash From Operating Activities $54.60M $30.00M
YoY Change 82.02% -20.85%
INVESTING ACTIVITIES
Capital Expenditures $765.0K $1.282M
YoY Change -40.33% -191.57%
Acquisitions
YoY Change
Other Investing Activities -$132.7M $56.70M
YoY Change -334.04% 31.55%
Cash From Investing Activities -$133.5M $55.47M
YoY Change -340.61% 33.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $20.56M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $133.7M -22.68M
YoY Change -689.62% -162.32%
NET CHANGE
Cash From Operating Activities $54.60M 30.00M
Cash From Investing Activities -$133.5M 55.47M
Cash From Financing Activities $133.7M -22.68M
Net Change In Cash $54.89M 62.78M
YoY Change -12.57% -45.88%
FREE CASH FLOW
Cash From Operating Activities $54.60M $30.00M
Capital Expenditures $765.0K $1.282M
Free Cash Flow $53.84M $28.72M
YoY Change 87.48% -26.93%

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CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019Q1 us-gaap Net Income Loss
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CY2019Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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CY2020Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2020Q1 us-gaap Stock Repurchased During Period Value
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CY2019Q1 us-gaap Profit Loss
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CY2019Q1 msbi Provision For Credit Losses
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CY2019Q1 us-gaap Depreciation
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CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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AmortizationOfOperatingLeaseRightOfUseAsset
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CY2019Q1 msbi Amortization Of Operating Lease Right Of Use Asset
AmortizationOfOperatingLeaseRightOfUseAsset
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StockOptionPlanExpense
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CY2019Q1 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
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CY2019Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
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CY2020Q1 msbi Gains Losses On Sales Of Other Real Estate Excluding Write Downs
GainsLossesOnSalesOfOtherRealEstateExcludingWriteDowns
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CY2019Q1 msbi Gains Losses On Sales Of Other Real Estate Excluding Write Downs
GainsLossesOnSalesOfOtherRealEstateExcludingWriteDowns
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CY2020Q1 msbi Write Down Of Other Real Estate Owned
WriteDownOfOtherRealEstateOwned
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CY2019Q1 msbi Write Down Of Other Real Estate Owned
WriteDownOfOtherRealEstateOwned
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CY2020Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
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CY2019Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
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CY2019Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
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CY2019Q1 us-gaap Gain Loss On Sales Of Loans Net
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CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
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CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
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CY2020Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
790000
CY2019Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
678000
CY2020Q1 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
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CY2019Q1 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
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CY2020Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
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CY2019Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
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CY2020Q1 us-gaap Increase Decrease In Interest Payable Net
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CY2019Q1 us-gaap Increase Decrease In Interest Payable Net
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CY2020Q1 us-gaap Increase Decrease In Income Taxes Receivable
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CY2019Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
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CY2020Q1 msbi Increase Decrease On Operating Lease Liabilities
IncreaseDecreaseOnOperatingLeaseLiabilities
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CY2019Q1 msbi Increase Decrease On Operating Lease Liabilities
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CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
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CY2019Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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CY2020Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2019Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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CY2019Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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CY2020Q1 msbi Equity Securities Fvni Purchases
EquitySecuritiesFvniPurchases
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CY2019Q1 msbi Equity Securities Fvni Purchases
EquitySecuritiesFvniPurchases
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CY2020Q1 us-gaap Payments For Proceeds From Loans And Leases
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CY2019Q1 us-gaap Payments For Proceeds From Loans And Leases
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CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019Q1 us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
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CY2020Q1 msbi Payments To Acquire Nonmarketable Equity Securities
PaymentsToAcquireNonmarketableEquitySecurities
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CY2019Q1 msbi Payments To Acquire Nonmarketable Equity Securities
PaymentsToAcquireNonmarketableEquitySecurities
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CY2019Q1 msbi Proceeds From Sale Of Nonmarketable Equity Securities
ProceedsFromSaleOfNonmarketableEquitySecurities
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CY2020Q1 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
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CY2019Q1 us-gaap Proceeds From Sale Of Foreclosed Assets
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CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2020Q1 us-gaap Increase Decrease In Deposits
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CY2019Q1 us-gaap Increase Decrease In Deposits
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CY2020Q1 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2019Q1 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2020Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
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CY2019Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
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CY2020Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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CY2019Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
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CY2019Q1 us-gaap Repayments Of Other Long Term Debt
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CY2020Q1 us-gaap Repayments Of Subordinated Debt
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CY2019Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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CY2020Q1 us-gaap Payments Of Dividends Common Stock
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CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
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20562000
CY2020Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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395000
CY2019Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1132000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
54891000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213700000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
449396000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q1 us-gaap Transfer To Other Real Estate
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CY2019Q1 us-gaap Interest Paid Net
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CY2020Q1 us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
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99688000
CY2020Q1 us-gaap Nature Of Operations
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<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 6pt 0pt;"><b style="font-variant:small-caps;font-weight:bold;">Note 1 – Business Description</b></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">Midland States Bancorp, Inc. (the “Company,” “we,” “our,” or “us”) is a diversified financial holding company headquartered in Effingham, Illinois. Its wholly owned banking subsidiary, Midland States Bank (the “Bank”), has branches across Illinois and in Missouri and provides a full range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. In addition, multifamily and healthcare facility Federal Housing Administration (“FHA”) financing is provided through Love Funding Corporation (“Love Funding”), our non-bank subsidiary.</p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="background-color:#ffffff;">On July 17, 2019, we completed the acquisition of HomeStar Financial Group, Inc. (“HomeStar”) and its banking subsidiary, HomeStar Bank and Financial Services (“HomeStar Bank”), as more fully described in Note 3 to the consolidated financial statements. Through the acquisition of HomeStar, we expanded our commercial and retail banking presence in northern Illinois. </span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 12pt 0pt;"><span style="display:inline-block;text-indent:0pt;width:36pt;"/>Our principal business activity has been lending to and accepting deposits from individuals, businesses, municipalities and other entities. We have derived income principally from interest charged on loans and, to a lesser extent, from interest and dividends earned on investment securities. We have also derived income from noninterest sources, such as: fees received in connection with various lending and deposit services; wealth management services; residential mortgage loan originations, sales and servicing; and, from time to time, gains on sales of assets. Our income sources also include Love Funding’s commercial FHA loan origination and servicing income. Our principal expenses include interest expense on deposits and borrowings, operating expenses, such as salaries and employee benefits, occupancy and equipment expenses, data processing costs, professional fees and other noninterest expenses, provisions for credit losses on loans and income tax expense.</p>
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
40811000
CY2020Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1507000
CY2020Q1 msbi Interest Receivable From Loans
InterestReceivableFromLoans
11900000
CY2020Q1 msbi Loans And Lease Receivables Probability Of Default Non Accrual Loans Threshold Balance Minimum
LoansAndLeaseReceivablesProbabilityOfDefaultNonAccrualLoansThresholdBalanceMinimum
500000
CY2020Q1 msbi Loans And Lease Receivables Probability Of Default Accrual Loans90 Days Due Threshold Balance Minimum
LoansAndLeaseReceivablesProbabilityOfDefaultAccrualLoans90DaysDueThresholdBalanceMinimum
100000
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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644668000
CY2020Q1 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
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15411000
CY2020Q1 us-gaap Available For Sale Debt Securities Gross Unrealized Loss
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3750000
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
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CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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CY2019 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
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CY2019 us-gaap Available For Sale Debt Securities Gross Unrealized Loss
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CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
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CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
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CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2169000
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
1255000
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
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CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
78778000
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
2176000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
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CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
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CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
874000
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
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CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
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CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
137000
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
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CY2020Q1 msbi Available For Sale Securities In Unrealized Loss Positions Aggregate Depreciation Percentage
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0.000281
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
33584000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
33801000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis
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78025000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis
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CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
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CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis
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CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
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CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
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644668000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
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CY2019Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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0
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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0
CY2020Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
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CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
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CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
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CY2019 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
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CY2020Q1 us-gaap Equity Securities Fv Ni Unrealized Loss
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CY2019Q1 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
67000000
CY2020Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2020Q1 us-gaap Loans And Leases Receivable Deferred Income
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CY2019Q4 us-gaap Loans And Leases Receivable Deferred Income
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CY2020Q1 us-gaap Deferred Discounts Finance Charges And Interest Included In Receivables
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CY2020Q1 us-gaap Provision For Loan And Lease Losses
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CY2020Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
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CY2020Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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382000
CY2019Q4 us-gaap Deferred Discounts Finance Charges And Interest Included In Receivables
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39600000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
28028000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
9977000
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
38545000
CY2019Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
23091000
CY2019Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
327000
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
20903000
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
3243000
CY2019Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
1382000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
788000
CY2019Q4 msbi Financing Receivable Allowance For Credit Losses For Nonimpaired Loans Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesForNonimpairedLoansCollectivelyEvaluatedForImpairment
16080000
CY2019Q4 msbi Financing Receivable Allowance For Credit Losses For Loans Acquired With Deteriorated Credit Quality
FinancingReceivableAllowanceForCreditLossesForLoansAcquiredWithDeterioratedCreditQuality
1183000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
28028000
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
35736000
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
6346000
CY2019Q4 msbi Financing Receivable Nonimpaired Loans Collectively Evaluated For Impairment
FinancingReceivableNonimpairedLoansCollectivelyEvaluatedForImpairment
4316617000
CY2019Q4 msbi Financing Receivable Nonimpaired Loans Loans Acquired With Deteriorated Credit Quality
FinancingReceivableNonimpairedLoansLoansAcquiredWithDeterioratedCreditQuality
42711000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
4401410000
CY2020Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
54232000
CY2020Q1 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
15347000
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
38401000
CY2019Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
15134000
CY2019Q1 us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Par Value
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtParValue
9800000
CY2019Q1 us-gaap Loans And Leases Receivable Impaired Interest Income Recognized Change In Present Value Attributable To Passage Of Time
LoansAndLeasesReceivableImpairedInterestIncomeRecognizedChangeInPresentValueAttributableToPassageOfTime
0
CY2020Q1 us-gaap Loans And Leases Receivable Impaired Interest Income Recognized Change In Present Value Attributable To Passage Of Time
LoansAndLeasesReceivableImpairedInterestIncomeRecognizedChangeInPresentValueAttributableToPassageOfTime
0
CY2020Q1 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
890000
CY2019Q1 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
653000
CY2020Q1 msbi Loans And Leases Receivable Impaired Troubled Debt Interest Income Recognized
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncomeRecognized
20000
CY2019Q1 msbi Loans And Leases Receivable Impaired Troubled Debt Interest Income Recognized
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncomeRecognized
32000
CY2020Q1 msbi Collateral Dependent Loans
CollateralDependentLoans
29898000
CY2020Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
41171000
CY2020Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
4280801000
CY2020Q1 msbi Financing Receivable Recorded Investment Past Due Excluding Nonaccrual Loans
FinancingReceivableRecordedInvestmentPastDueExcludingNonaccrualLoans
4321972000
CY2020Q1 msbi Financing Receivable Modifications Recorded Investment Accruing
FinancingReceivableModificationsRecordedInvestmentAccruing
3155000
CY2020Q1 msbi Financing Receivable Modifications Recorded Investment Nonaccrual
FinancingReceivableModificationsRecordedInvestmentNonaccrual
9842000
CY2019Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
CY2020Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
12997000
CY2019Q4 msbi Financing Receivable Modifications Recorded Investment Accruing
FinancingReceivableModificationsRecordedInvestmentAccruing
3318000
CY2019Q4 msbi Financing Receivable Modifications Recorded Investment Nonaccrual
FinancingReceivableModificationsRecordedInvestmentNonaccrual
12418000
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
15736000
CY2020Q1 us-gaap Financing Receivable Change In Method Credit Loss Expense Reversal
FinancingReceivableChangeInMethodCreditLossExpenseReversal
760000
CY2019Q4 msbi Allowance For Credit Loss On Troubled Debt Restructurings
AllowanceForCreditLossOnTroubledDebtRestructurings
2000000.0
CY2020Q1 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
CY2020Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
6
CY2020Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
675000
CY2020Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
670000
CY2019Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
12
CY2019Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
2225000
CY2019Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
2092000
CY2019Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1
CY2019Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
43000
CY2020Q1 msbi Number Of Main Regions
NumberOfMainRegions
4
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
128809000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
128265000
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
38691000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
37210000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
90118000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
91055000
CY2020Q1 us-gaap Depreciation
Depreciation
1700000
CY2019Q1 us-gaap Depreciation
Depreciation
1600000
CY2020Q1 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
14100000
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
4305000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
14200000
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
15000000.0
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
15400000
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
781000
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
708000
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
945000
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
741000
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
511000
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10677000
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y9M29D
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0297
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0312
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2060000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2966000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2808000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2209000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1356000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5588000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
16987000
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1939000
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
15048000
CY2019Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
57637000
CY2018Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
56252000
CY2020Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
56909000
CY2019Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
55787000
CY2019Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
4944000
CY2018Q4 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
2805000
CY2020Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
8468000
CY2019Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Provisions Recoveries
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsProvisionsRecoveries
25000
CY2020Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
13412000
CY2019Q1 us-gaap Valuation Allowance For Impairment Of Recognized Servicing Assets Balance
ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance
2830000
CY2020Q1 msbi Servicing Asset At Fair Value Amount Net Of Valuation Allowance
ServicingAssetAtFairValueAmountNetOfValuationAllowance
43497000
CY2019Q1 msbi Servicing Asset At Fair Value Amount Net Of Valuation Allowance
ServicingAssetAtFairValueAmountNetOfValuationAllowance
52957000
CY2019Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
52693000
CY2018Q4 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
53447000
CY2020Q1 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
43497000
CY2019Q1 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
52957000
CY2020Q1 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.0838
CY2019 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.0820
CY2020Q1 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.1143
CY2019 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Discount Rate
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueDiscountRate
0.1102
CY2020Q1 us-gaap Goodwill
Goodwill
172800000
CY2019Q4 us-gaap Goodwill
Goodwill
171800000
CY2020Q1 us-gaap Goodwill
Goodwill
172796000
CY2019Q4 us-gaap Goodwill
Goodwill
171758000
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
71083000
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
37959000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
33124000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
71083000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
36197000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
34886000
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1800000
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1800000
CY2019Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1300000
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
3350000
CY2020Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
20000000.0
CY2020Q1 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
436875000
CY2019Q4 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
443706000
CY2020Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
626000
CY2020Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1052726000
CY2019Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1019472000
CY2020Q1 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
1425022000
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
1342788000
CY2020Q1 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
849642000
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
787662000
CY2020Q1 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
534457000
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
522456000
CY2020Q1 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
788793000
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
871876000
CY2020Q1 us-gaap Deposits
Deposits
4650640000
CY2019Q4 us-gaap Deposits
Deposits
4544254000
CY2020Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
43578000
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
82029000
CY2020Q1 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
55616000
CY2019 us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
121168000
CY2020Q1 us-gaap Shortterm Debt Maximum Monthend Outstanding Amount
ShorttermDebtMaximumMonthendOutstandingAmount
52013000
CY2019 us-gaap Shortterm Debt Maximum Monthend Outstanding Amount
ShorttermDebtMaximumMonthendOutstandingAmount
138907000
CY2020Q1 msbi Short Term Debt Weighted Average Interest Rate During Period
ShortTermDebtWeightedAverageInterestRateDuringPeriod
0.0073
CY2019 msbi Short Term Debt Weighted Average Interest Rate During Period
ShortTermDebtWeightedAverageInterestRateDuringPeriod
0.0069
CY2020Q1 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0020
CY2019Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0067
CY2020Q1 us-gaap Collateralized Agreements
CollateralizedAgreements
46600000
CY2019Q4 us-gaap Collateralized Agreements
CollateralizedAgreements
87400000
CY2020Q1 us-gaap Line Of Credit
LineOfCredit
0
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
0
CY2020Q1 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
593089000
CY2019Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
493311000
CY2020Q1 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
1950000000
CY2019Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1
1940000000
CY2020Q1 us-gaap Subordinated Debt
SubordinatedDebt
169505000
CY2019Q4 us-gaap Subordinated Debt
SubordinatedDebt
176653000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1549000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
13982000
CY2019Q1 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
82000
CY2019Q1 msbi Preferred Stock Premium Amortization
PreferredStockPremiumAmortization
48000
CY2020Q1 msbi Earnings Loss Before Distributed And Undistributed Earnings Loss Allocated To Participating Securities Basic
EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1549000
CY2019Q1 msbi Earnings Loss Before Distributed And Undistributed Earnings Loss Allocated To Participating Securities Basic
EarningsLossBeforeDistributedAndUndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
13948000
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
6510000
CY2019Q1 us-gaap Dividends Common Stock
DividendsCommonStock
5776000
CY2020Q1 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
65000
CY2019Q1 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
47000
CY2019Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
65000
CY2020Q1 msbi Undistributed Earnings To Common Shareholders
UndistributedEarningsToCommonShareholders
-5026000
CY2019Q1 msbi Undistributed Earnings To Common Shareholders
UndistributedEarningsToCommonShareholders
8060000
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
6510000
CY2019Q1 us-gaap Dividends Common Stock
DividendsCommonStock
5776000
CY2020Q1 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-5026000
CY2019Q1 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
8060000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1484000
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13836000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1484000
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
13836000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24433975
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23998119
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
6510000
CY2019Q1 us-gaap Dividends Common Stock
DividendsCommonStock
5776000
CY2020Q1 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
-5026000
CY2019Q1 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
8060000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1484000
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13836000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24538002
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24204661
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
CY2020Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
113852000
CY2020Q1 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
715000
CY2020Q1 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
113137000
CY2019Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
16431000
CY2019Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
652000
CY2019Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
15779000
CY2020Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
97000
CY2019Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-385000
CY2020Q1 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
0
CY2020Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2400000
CY2020Q1 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
0
CY2019 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
0
CY2020Q1 msbi Liability For Unresolved Repurchase Demands
LiabilityForUnresolvedRepurchaseDemands
289000
CY2019Q4 msbi Liability For Unresolved Repurchase Demands
LiabilityForUnresolvedRepurchaseDemands
289000
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
46651000
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
10569000
CY2020Q1 us-gaap Noninterest Income
NoninterestIncome
8598000
CY2020Q1 us-gaap Noninterest Expense
NoninterestExpense
42675000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2005000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
456000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1549000
CY2020Q1 us-gaap Assets
Assets
6208230000
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
45601000
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
3243000
CY2019Q1 us-gaap Noninterest Income
NoninterestIncome
17075000
CY2019Q1 us-gaap Noninterest Expense
NoninterestExpense
41097000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
18336000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4354000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
13982000
CY2019Q1 us-gaap Assets
Assets
5641780000
CY2020Q1 msbi Noninterest Income Out Of Scope Of Topic606
NoninterestIncomeOutOfScopeOfTopic606
-3857000
CY2020Q1 us-gaap Noninterest Income
NoninterestIncome
8598000

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