Applications / Mortgage Analytics / Lenders / Illinois / Midland States Bank
Effingham, IL · State member bank · FRS · $6.5 billion assets · 989 loans in 2025
Midland States Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
989
loans originated, 2025
1,641
applications, 2025
13
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Midland States Bank is an Illinois bank making small loans, a quarter of them for other purposes, with more government-backed lending and more lending to low- and moderate-income borrowers than most similar banks.
Its typical loan was $105,000, about half the $205,000 at similar lenders (state member banks making between half and twice as many loans), among the lowest tenth of them. Home purchase made up 53.5% of its loans, but other purposes 24.0% and refinancing 20.8%, a mix that may account for its smaller loans.
6.1% of its loans were insured by the Federal Housing Administration (FHA), against 1.7% at similar lenders, 2.1% were guaranteed by the Department of Veterans Affairs (VA) and 0.8% by the Department of Agriculture's Rural Housing Service (RHS). Its typical rate, 6.50%, was lower than peers' 6.88%.
40.4% of its loans went to low- and moderate-income (LMI) borrowers, against 27.9% at similar lenders, higher than nine in ten of them, and 21.2% were in LMI neighbourhoods, against 15.4%. Both were lower than in 2024, at 48.0% and 29.8%, which may reflect a shift in where or to whom it lent.
Originations fell 5% to 989 while similar lenders' typical change was a rise of 7%, lower than more than eight in ten of them. In St. Louis it ranks 65 of 637 lenders, with its share unchanged at 0.3%.
Questions the data can answer next
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Midland States Bank took 1,641 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 53.5% · Other 24.0% · Refinance 20.8% · Home improvement 1.7%
Conventional 91.0% · FHA 6.1% · VA 2.1% · USDA (RHS or FSA) 0.8% · of 989 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Illinois | 840 | 84.9% |
| Missouri | 116 | 11.7% |
| Florida | 7 | 0.7% |
| Indiana | 6 | 0.6% |
| Wisconsin | 4 | 0.4% |
| Ohio | 3 | 0.3% |
| Tennessee | 3 | 0.3% |
| Iowa | 2 | 0.2% |
| Mississippi | 2 | 0.2% |
| South Carolina | 2 | 0.2% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Rockford | 178 |
| St. Louis | 158 |
| Champaign-Urbana | 130 |
| Kankakee | 112 |
| Chicago-Naperville-Schaumburg | 97 |
| Elgin | 24 |
| Decatur | 5 |
| Peoria | 5 |
| Bloomington | 2 |
| Columbus | 2 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300U6DW7DX671T306 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 773247 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 2773247 | 2001–2017 |
Established 1 January 1881. Reported under HMDA 2001-2025.
Mergers, name changes, data editions and corrections: Midland States Bank's data.
Midland States Bank's data
$215
Midland States Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Midland States Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]