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The Lender Report built this page from public records. Midland States Bank has not reviewed it. Every lender's page starts this way, and it says nothing about Midland States Bank itself. Each figure shows its source and date. Work at Midland States Bank? You can claim this page for free.
Multifamily record
Midland States Bank: multifamily loans made
Midland States Bank, a bank based in Effingham, IL, made 42 multifamily loans in 2024 and 2025, $178.9M in all, in 8 states. The typical loan was about $920K, and the largest about $24M. Most were in St. Louis city, MO.
- Evidence
- Multifamily loans made in 2024 and 2025, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 9, 2026
- Multifamily loans
- 42
- HMDA,
- 2024 and 2025. Manufactured-home parks excluded
- Dollars
- $179M
- HMDA,
- Rounded amounts
- Typical loan
- $920K
- HMDA,
- Largest loan
- $24M
- HMDA,
- Rounded to 2 significant figures
- States
- 8
- HMDA,
Cite this
Source: The Lender Report, Midland States Bank: multifamily loans made, https://lender.report/lender/midland-states-bank-il/multifamily/, data as of December 31, 2025.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| 2025 | Hillsborough County, FL | Purchase, 150 or more units | $24M | 7.36% | 3 yr | 50% | HMDA 2025 |
| 2025 | Kendall County, IL | Purchase, 100 to 149 units | $20M | 7.25% | 5 yr | 65% | HMDA 2025 |
| 2025 | St. Louis city, MO | Purchase, 100 to 149 units | $16M | 6.75% | 9 yr | 65% | HMDA 2025 |
| 2025 | Greenville County, SC | Purchase, 100 to 149 units | $15M | 8.5% | 2.8 yr | 59% | HMDA 2025 |
| 2025 | St. Charles County, MO | Refinance, 150 or more units | $12M | 5.27% | 7 yr | 46% | HMDA 2025 |
| 2025 | Sangamon County, IL | Refinance, 50 to 99 units | $9.6M | 7.38% | 1 yr | 57% | HMDA 2025 |
| 2025 | Cook County, IL | Refinance, 100 to 149 units | $7.2M | 7.16% | 15 yr | 76% | HMDA 2025 |
| 2025 | Cook County, IL | Refinance, 25 to 49 units | $6.5M | 5.71% | 7 yr | 55% | HMDA 2025 |
| 2025 | Kane County, IL | Purchase, 25 to 49 units | $5.7M | 5.86% | 7 yr | 67% | HMDA 2025 |
| 2025 | Licking County, OH | Purchase, 50 to 99 units | $5.3M | 6.25% | 2 yr | 66% | HMDA 2025 |
| 2025 | Licking County, OH | Purchase, 50 to 99 units | $5.3M | 6.5% | 2 yr | 66% | HMDA 2025 |
| 2025 | Maricopa County, AZ | Refinance, 5 to 24 units | $3.2M | 8% | 0.5 yr | 62% | HMDA 2025 |
| 2025 | Champaign County, IL | Refinance, 5 to 24 units | $820K | 5.75% | 3 yr | 69% | HMDA 2025 |
| 2025 | Kankakee County, IL | Refinance, 5 to 24 units | $520K | 8.75% | 2 yr | 58% | HMDA 2025 |
| 2025 | Will County, IL | Purchase, 5 to 24 units | $400K | 7% | 5 yr | 60% | HMDA 2025 |
| 2025 | Marshall County, IL | Refinance, 5 to 24 units | $320K | 7.73% | 5 yr | 60% | HMDA 2025 |
| 2025 | Kankakee County, IL | Refinance, 5 to 24 units | $260K | 7.82% | 5 yr | 70% | HMDA 2025 |
| 2025 | Winnebago County, IL | Refinance, 5 to 24 units | $180K | 7.86% | 5 yr | 34% | HMDA 2025 |
| 2025 | Rockford, IL | Refinance, 5 to 24 units | $160K | 8% | 1 yr | 52% | HMDA 2025 |
| 2025 | Winnebago County, IL | Refinance, 5 to 24 units | $160K | 7.77% | 5 yr | 20% | HMDA 2025 |
| 2025 | Rockford, IL | Refinance, 5 to 24 units | $140K | 7.1% | 1 yr | 18% | HMDA 2025 |
| 2025 | Rockford, IL | Purchase, 5 to 24 units | $140K | 8.23% | 5 yr | 43% | HMDA 2025 |
| 2025 | Illinois | Purchase, 5 to 24 units | $120K | 7.75% | 5 yr | 35% | HMDA 2025 |
| 2025 | Winnebago County, IL | Refinance, 5 to 24 units | $120K | 7.77% | 5 yr | 21% | HMDA 2025 |
| 2024 | Escambia County, FL | Purchase, 50 to 99 units | $14M | 7.8% | 10 yr | 57% | HMDA 2024 |
| 42 multifamily loans made in 2024 and 2025 | $179M | HMDA 2024 and 2025 | |||||
A blank means the source did not report it.
| Place | As named | Loans | Dollars |
|---|---|---|---|
| St. Louis city, MO | County | 5 | $36.9M |
| Winnebago County, IL | County | 5 | $1.60M |
| Cook County, IL | County | 3 | $14.4M |
| Rockford, IL | Metro area | 3 | $440K |
| Boone County, IL | County | 2 | $255K |
| Illinois | State | 2 | $165K |
| Kankakee County, IL | County | 2 | $780K |
| Licking County, OH | County | 2 | $10.6M |
| Will County, IL | County | 2 | $1.80M |
| Champaign County, IL | County | 1 | $820K |
| Escambia County, FL | County | 1 | $14.0M |
| Greenville County, SC | County | 1 | $15.0M |
A county is named only where the public file holds 5 or more multifamily loans there in the year; otherwise the metro area or the state is.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $1M | 22 | $7.20M |
| $1M to $2.5M | 3 | $4.10M |
| $2.5M to $5M | 3 | $12.5M |
| $5M to $10M | 8 | $54.1M |
| $10M or more | 6 | $101M |
| Year | Loans | Dollars | Typical loan |
|---|---|---|---|
| 2024 | 18 | $45.8M | $920K |
| 2025 | 24 | $133M | $3.2M |
| Purpose | Loans |
|---|---|
| Purchase | 15 |
| Refinance | 27 |
| Units | Loans |
|---|---|
| 5 to 24 units | 25 |
| 25 to 49 units | 6 |
| 50 to 99 units | 5 |
| 100 to 149 units | 4 |
| 150 or more units | 2 |
- Midland States Bank made 42 multifamily loans totaling $178.9M in 2024 and 2025, in 25 named places across 8 states. HMDA,
- It made 24 of them in 2025 and 18 in 2024. HMDA,
- The typical loan was about $920K, with the middle half between $180K and $6.5M. HMDA,
- The largest was about $24M. Every amount is rounded to 2 significant figures. HMDA,
- 22 loans were under $1M, and 14 were $5M or more. HMDA,
- It reported a median rate of 7.65% on 42 loans, with the middle half between 6.76% and 7.99%. HMDA,
- The median term was 5 years. HMDA,
- The median loan to value was 57%. HMDA,
- 64% of the loans were refinancings and 36% were purchases. HMDA,
- The most common property size was 5 to 24 units, with 25 loans. HMDA,
- Its loans were most often in St. Louis city, MO (5), Winnebago County, IL (5) and Cook County, IL (3). HMDA,
What we don't know
- Whether Midland States Bank is taking new multifamily loans today.
- Its minimum or maximum loan, its fees and its other terms. HMDA reports the rate, term and loan to value, and this page shows what it reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
Place is a county only where the public file holds 5 or more multifamily loans of that year there, otherwise the metro area or the state. Amounts are rounded to 2 significant figures and HMDA has a year, never a date.
HMDA covers dwelling-secured loans. Manufactured-home parks are left out of every count.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.