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CONSOLIDATED STATEMENT OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Loans:      
Taxable $ 105,531 $ 100,814 $ 55,514
Tax exempt 1,155 1,175 782
Investment securities:      
Taxable 9,981 11,502 12,063
Tax exempt 3,634 3,916 4,604
Federal funds sold and cash investments 948 389 178
Total interest income 121,249 117,796 73,141
Interest expense:      
Deposits 8,936 7,511 5,198
Short-term borrowings 303 237 179
FHLB advances and other borrowings 1,057 741 1,682
Subordinated debt 3,858 2,731 728
Trust preferred debentures 1,841 1,669 756
Total interest expense 15,995 12,889 8,543
Net interest income 105,254 104,907 64,598
Provision for loan losses 5,591 11,127 92
Net interest income after provision for loan losses 99,663 93,780 64,506
Noninterest income:      
Commercial FHA revenue 22,064 20,175  
Residential mortgage banking revenue 13,389 17,634 3,000
Wealth management revenue 8,091 7,292 7,098
Merchant services revenue 1,697 1,529 1,083
Service charges on deposit accounts 3,904 3,969 3,036
Interchange revenue 3,750 3,562 2,613
FDIC loss-sharing expense (1,661) (566) (3,491)
Gain on sales of investment securities, net 14,702 193 77
Other-than-temporary impairment on investment securities (824) (461) (190)
Gain on sales of other real estate owned 113 600 761
Gain on sales of other assets     3,224
Other income 6,832 5,555 3,230
Total noninterest income 72,057 59,482 20,441
Noninterest expense:      
Salaries and employee benefits 66,293 63,313 32,503
Occupancy and equipment 13,080 13,151 7,587
Data processing 10,658 10,197 6,402
FDIC insurance 1,707 2,051 1,328
Professional 8,049 8,687 5,677
Marketing 2,733 2,891 2,530
Communications 2,150 2,354 1,541
Loan expense 1,957 2,960 1,204
Other real estate owned 935 945 2,189
Amortization of intangible assets 2,147 2,460 2,115
FHLB advances prepayment fee     1,746
Other expense 11,589 8,755 4,658
Total noninterest expense 121,298 117,764 69,480
Income before income taxes 50,422 35,498 15,467
Income taxes 18,889 11,091 4,651
Net income 31,533 24,407 10,816
Less: net (loss) income attributable to noncontrolling interest in subsidiaries (9) 83  
Net income attributable to Midland States Bancorp, Inc. 31,542 24,324 10,816
Preferred stock dividends     7,601
Net income available to common shareholders $ 31,542 $ 24,324 $ 3,215
Per common share data:      
Basic earnings per common share $ 2.22 $ 2.03 $ 0.53
Diluted earnings per common share $ 2.17 $ 2.00 $ 0.53
Weighted average common shares outstanding 14,130,552 11,902,455 5,945,615
Weighted average diluted common shares outstanding 14,428,839 12,112,403 6,025,454