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Midland States Bancorp (MSBI) Interest Expense - Deposits: 2016-2020

Historic Interest Expense - Deposits for Midland States Bancorp (MSBI) over the last 5 years, with Dec 2020 value amounting to $3.4 million.

  • Midland States Bancorp's Interest Expense - Deposits fell 62.92% to $3.4 million in Q4 2020 from the same period last year, while for Dec 2020 it was $21.5 million, marking a year-over-year decrease of 37.13%. This contributed to the annual value of $160.7 million for FY2024, which is 17.33% up from last year.
  • Per Midland States Bancorp's latest filing, its Interest Expense - Deposits stood at $3.4 million for Q4 2020, which was down 20.11% from $4.2 million recorded in Q3 2020.
  • Midland States Bancorp's Interest Expense - Deposits' 5-year high stood at $9.3 million during Q3 2019, with a 5-year trough of $2.2 million in Q3 2016.
  • For the 3-year period, Midland States Bancorp's Interest Expense - Deposits averaged around $6.5 million, with its median value being $6.5 million (2018).
  • Its Interest Expense - Deposits has fluctuated over the past 5 years, first skyrocketed by 90.37% in 2018, then slumped by 62.92% in 2020.
  • Quarterly analysis of 5 years shows Midland States Bancorp's Interest Expense - Deposits stood at $2.2 million in 2016, then surged by 59.37% to $3.6 million in 2017, then soared by 90.37% to $6.8 million in 2018, then spiked by 33.82% to $9.1 million in 2019, then tumbled by 62.92% to $3.4 million in 2020.
  • Its Interest Expense - Deposits stands at $3.4 million for Q4 2020, versus $4.2 million for Q3 2020 and $5.6 million for Q2 2020.