CAPITAL REQUIREMENTS (Tables)
12 Months Ended
Dec. 31, 2016
CAPITAL REQUIREMENTS  
Schedule of actual and required capital amounts and ratios

At December 31, 2016 and 2015, the Company’s and the Bank’s actual and required capital ratios were as follows (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Required to be

 

 

 

 

 

 

 

 

 

Minimum Required

 

Well Capitalized Under

 

 

 

 

 

 

 

 

 

For Capital

 

Prompt Corrective

 

 

Actual

 

Adequacy Purposes

 

Action Requirements

 

 

Amount

 

 

Ratio

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

Total capital (to risk-weighted assets):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Midland States Bancorp, Inc.

 

$

374,955

 

 

13.85

 

$

216,612

 

 

8.00

 

 

N/A

 

 

N/A

 

Midland States Bank

 

 

329,759

 

 

12.17

 

 

 

216,773

 

 

8.00

 

 

$

270,966

 

 

10.00

%

Tier 1 capital (to risk-weighted assets):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Midland States Bancorp, Inc.

 

 

305,283

 

 

11.27

 

 

162,459

 

 

6.00

 

 

N/A

 

 

N/A

 

Midland States Bank

 

 

314,595

 

 

11.61

 

 

 

162,580

 

 

6.00

 

 

 

216,773

 

 

8.00

%

Common equity tier 1 capital (to risk-weighted assets):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Midland States Bancorp, Inc.

 

 

253,273

 

 

9.35

 

 

121,844

 

 

4.50

 

 

N/A

 

 

N/A

 

Midland States Bank

 

 

314,595

 

 

11.61

 

 

 

121,935

 

 

4.50

 

 

 

176,128

 

 

6.50

%

Tier 1 leverage (to average assets):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Midland States Bancorp, Inc.

 

 

305,283

 

 

9.76

 

 

125,076

 

 

4.00

 

 

N/A

 

 

N/A

 

Midland States Bank

 

 

314,595

 

 

10.05

 

 

 

125,271

 

 

4.00

 

 

 

156,589

 

 

5.00

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Required to be

 

 

 

 

 

 

 

 

 

Minimum Required

 

Well Capitalized Under

 

 

 

 

 

 

 

 

 

For Capital

 

Prompt Corrective

 

 

Actual

 

Adequacy Purposes

 

Action Requirements

 

 

Amount

 

 

Ratio

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

Total capital (to risk-weighted assets):

    

 

    

 

    

    

    

 

 

    

 

    

    

    

 

 

    

 

    

    

 

Midland States Bancorp, Inc.

 

$

288,958

 

 

11.82

 

$

195,550

 

 

8.00

 

 

N/A

 

 

N/A

 

Midland States Bank

 

 

270,436

 

 

11.06

 

 

 

195,702

 

 

8.00

 

 

$

244,628

 

 

10.00

%

Tier 1 capital (to risk-weighted assets):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Midland States Bancorp, Inc.

 

 

210,614

 

 

8.62

 

 

146,662

 

 

6.00

 

 

N/A

 

 

N/A

 

Midland States Bank

 

 

254,228

 

 

10.39

 

 

 

146,777

 

 

6.00

 

 

 

195,702

 

 

8.00

%

Common equity tier 1 capital (to risk-weighted assets):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Midland States Bancorp, Inc.

 

 

158,969

 

 

6.50

 

 

109,997

 

 

4.50

 

 

N/A

 

 

N/A

 

Midland States Bank

 

 

254,228

 

 

10.39

 

 

 

110,082

 

 

4.50

 

 

 

159,008

 

 

6.50

%

Tier 1 leverage (to average assets):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Midland States Bancorp, Inc.

 

 

210,614

 

 

7.49

 

 

112,500

 

 

4.00

 

 

N/A

 

 

N/A

 

Midland States Bank

 

 

254,228

 

 

9.01

 

 

 

112,827

 

 

4.00

 

 

 

141,034

 

 

5.00

%