Midland States Bancorp (MSBI) Interest Expense - Fed Funds: 2016-2020
Historic Interest Expense - Fed Funds for Midland States Bancorp (MSBI) over the last 5 years, with Dec 2020 value amounting to $2.9 million.
- Midland States Bancorp's Interest Expense - Fed Funds fell 2.71% to $2.9 million in Q4 2020 from the same period last year, while for Dec 2020 it was $12.0 million, marking a year-over-year decrease of 13.65%. This contributed to the annual value of $16.5 million for FY2024, which is 20.35% down from last year.
- Latest data reveals that Midland States Bancorp reported Interest Expense - Fed Funds of $2.9 million as of Q4 2020, which was down 8.66% from $3.2 million recorded in Q3 2020.
- In the past 5 years, Midland States Bancorp's Interest Expense - Fed Funds ranged from a high of $3.8 million in Q1 2019 and a low of $136,000 during Q1 2016.
- In the last 3 years, Midland States Bancorp's Interest Expense - Fed Funds had a median value of $3.1 million in 2018 and averaged $3.1 million.
- In the last 5 years, Midland States Bancorp's Interest Expense - Fed Funds surged by 388.24% in 2017 and then declined by 22.87% in 2020.
- Over the past 5 years, Midland States Bancorp's Interest Expense - Fed Funds (Quarterly) stood at $359,000 in 2016, then soared by 371.59% to $1.7 million in 2017, then skyrocketed by 117.54% to $3.7 million in 2018, then decreased by 17.92% to $3.0 million in 2019, then dropped by 2.71% to $2.9 million in 2020.
- Its Interest Expense - Fed Funds was $2.9 million in Q4 2020, compared to $3.2 million in Q3 2020 and $2.9 million in Q2 2020.