MSBI Midland States Bancorp

Midland States Bancorp, Inc. Announces Planned Retirement of Jeffrey S. Mefford

Midland States Bancorp, Inc. Announces Planned Retirement of Jeffrey S. Mefford

EFFINGHAM, Ill., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”), announced today Jeffrey S. Mefford will retire from his role as President of its wholly-owned subsidiary Midland States Bank (the “Bank”) and as Executive Vice President of the Company on June 30, 2026. Mefford has served as President of the Bank for seven years and has been employed with the Bank for 22 years.

“Jeff has played a key role in our growth over many years, particularly in strengthening our sales culture and deepening client relationships, and we are immensely grateful for his extensive contributions. We wish Jeff the very best in his retirement and appreciate his commitment to a thoughtful transition over the coming months.” said Jeffrey G. Ludwig, President and Chief Executive Officer of the Company.

As part of this succession plan, Jeremy A. Jameson will be promoted to the newly-created role of Executive Vice President - Chief Banking Officer of Midland States Bank where he will be responsible for the Regional Presidents, commercial lending and credit, reporting to Jeff Ludwig. Jameson currently serves as the Executive Vice President - Chief Credit Officer of the Bank.

“Jeremy brings deep credit expertise, strong leadership, and a commitment to the communities we serve. I congratulate Jeremy on his planned promotion and look forward to working with him in his new role. We are coordinating closely to ensure a smooth transition with Jeff in the coming months,” Ludwig concluded.

About Midland States Bancorp, Inc.

Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of September 30, 2025, the Company had total assets of approximately $6.91 billion, and its Wealth Management Group had assets under administration of approximately $4.36 billion. The Company provides a full range of commercial and consumer banking products and services and business equipment financing, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit midlandsb.com or follow Midland States Bank on LinkedIn.

CONTACTS:

Eric T. Lemke, Chief Financial Officer, at or (217) 342-7321



EN
06/11/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Midland States Bancorp

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: December 6, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Midland States Bancorp Announces Sale of Substantially All of Its Equi...

Midland States Bancorp Announces Sale of Substantially All of Its Equipment Finance Portfolio to North Mill Equipment Finance EFFINGHAM, Ill., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) today announced that its wholly owned subsidiary, Midland States Bank (“the Company”), has sold substantially all of its equipment finance portfolio to an affiliate of North Mill Equipment Finance LLC (“NMEF”). The transaction closed on November 28, 2025. NMEF acquired the portfolio for $502 million in cash, subject to adjustment. As of October 31, 2025, the equipment fi...

 PRESS RELEASE

Midland States Bancorp, Inc. Announces Planned Retirement of Jeffrey S...

Midland States Bancorp, Inc. Announces Planned Retirement of Jeffrey S. Mefford EFFINGHAM, Ill., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”), announced today Jeffrey S. Mefford will retire from his role as President of its wholly-owned subsidiary Midland States Bank (the “Bank”) and as Executive Vice President of the Company on June 30, 2026. Mefford has served as President of the Bank for seven years and has been employed with the Bank for 22 years. “Jeff has played a key role in our growth over many years, particularly in strengthening ...

 PRESS RELEASE

Midland States Bancorp, Inc. Announces Authorization of New $25 Millio...

Midland States Bancorp, Inc. Announces Authorization of New $25 Million Stock Repurchase Program EFFINGHAM, Ill., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to $25 million of its common stock. The new stock repurchase program will become effective on November 3, 2025 and expires on November 2, 2026. The Company’s most recent stock repurchase program expired on December 31, 2024. Jeffrey G. Ludwig, President and Chief Execu...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch