Midland States Bank is a community-based financial institution headquartered in Effingham, Illinois, offering comprehensive banking, lending, and wealth management services for personal, small business, and commercial customers. The bank provides checking and savings accounts, mortgages, personal loans, business lending, and wealth management services across multiple locations.
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7(a) Acquisition Loan Data As Of June 30, 2026
Last 12 Months
Last 3 Years
YoY Growth
no activity
As Of June 30, 2026
Median
$225K
Average
$901K
Sweet Spot
$0-$500K
Industries with highest loan volume
Fitness and Recreational Sports Centers
2
loans
$137K
avg. amount
Fitness and Recreational Sports Centers
2
loans
$137K
avg
Precision Turned Product Manufacturing
1
loans
$4.0M
avg. amount
Precision Turned Product Manufacturing
1
loans
$4.0M
avg
Baked Goods Retailers
1
loans
$140K
avg. amount
Baked Goods Retailers
1
loans
$140K
avg
Offices of Chiropractors
1
loans
$132K
avg. amount
Offices of Chiropractors
1
loans
$132K
avg
Other Concrete Product Manufacturing
1
loans
$445K
avg. amount
Other Concrete Product Manufacturing
1
loans
$445K
avg
Limited-Service Restaurants
1
loans
$314K
avg. amount
Limited-Service Restaurants
1
loans
$314K
avg
Insurance Agencies and Brokerages
1
loans
$202K
avg. amount
Insurance Agencies and Brokerages
1
loans
$202K
avg
Machine Shops
1
loans
$4.5M
avg. amount
Machine Shops
1
loans
$4.5M
avg
All Other Specialty Food Retailers
1
loans
$171K
avg. amount
All Other Specialty Food Retailers
1
loans
$171K
avg
All Other Miscellaneous Wood Product Manufacturing
1
loans
$382K
avg. amount
All Other Miscellaneous Wood Product Manufacturing
1
loans
$382K
avg
10-Year
0.0%
Percentile Ranking
0th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.02% |
| $4M-$5M | Prime + 1.50% |
As Of June 30, 2026 - States by loan volume (darker blue = higher volume)
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