FHLB ADVANCES AND OTHER BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2020

FHLB ADVANCES AND OTHER BORROWINGS

Schedule of Federal Home Loan Bank (FHLB) advances

	March 31,		December 31,
(dollars in thousands)	2020		2019
Midland States Bancorp, Inc.
Series G redeemable preferred stock - 181 shares at $1,000 per share	$	181	$	181
Midland States Bank
FHLB advances – fixed rate, fixed term of $27.8 million and $28.0 million, at rates averaging 2.56% at March 31, 2020 and December 31, 2019 – maturing through June 2023, and putable fixed rate of $565.0 million and $465.0 million, at rates averaging 2.02% and 2.34% at March 31, 2020 and December 31, 2019, respectively – maturing through February 2030 with call provisions through August 2021		592,908		493,130
Total FHLB advances and other borrowings	$	593,089	$	493,311