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Data / Bank failures / Midland States Bank

Failed banks taken over by Midland States Bank: 2

Midland States Bank took over 2 failed banks between May 22, 2009 and October 15, 2010, holding $634.4 million in assets and $549.5 million in deposits. The FDIC estimates the cost to its insurance fund at $115.1 million. The largest: Strategic Capital Bank ($546.6 million), Westbridge Bank and Trust Company ($87.8 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Westbridge Bank and Trust CompanyChesterfieldMOOctober 15, 2010$87.8 million$70.1 million$22.4 millionMidland States Bank
Strategic Capital BankChampaignILMay 22, 2009$546.6 million$479.4 million$92.7 millionMidland States Bank

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.