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Feb 3, 2026 4:40 PM

Patriot Financial Partners, L.P. Invests in Midland States Bancorp, Inc. Common Stock Through Open-Market Purchases

EFFINGHAM, Ill., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) (the "Company") announced today that Patriot Financial Partners, L.P. ("Patriot") acquired a position in the Company's common stock through open-market purchases. The Company has agreed to add James F. Deutsch to its Board of Directors effective February 3, 2026. Mr. Deutsch has also been appointed to the Board of Midland States Bank, the Company's wholly-owned bank subsidiary.

Mr. Deutsch currently serves as a partner of Patriot, a private equity fund specializing in investments in the financial services industry and current shareholder of the Company. Prior to joining Patriot, Mr. Deutsch served as President, Chief Executive Officer and Founder of Team Capital Bank, a Pennsylvania-based community bank. Before Team Capital, he spent over 25 years ...