-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 E8kR/Q+fa2he+KfUIoyjJg==

<SEC-DOCUMENT>0001466026-10-000001.txt : 20100316
<SEC-HEADER>0001466026-10-000001.hdr.sgml : 20100316
<ACCEPTANCE-DATETIME>20100316151330
ACCESSION NUMBER:		0001466026-10-000001
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100316
DATE AS OF CHANGE:		20100316
EFFECTIVENESS DATE:		20100316

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Midland States Bancorp, Inc.
		CENTRAL INDEX KEY:			0001466026
		IRS NUMBER:				371233196
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-131921
		FILM NUMBER:		10685255

	BUSINESS ADDRESS:	
		STREET 1:		133 WEST JEFFERSON STREET
		CITY:			EFFINGHAM
		STATE:			IL
		ZIP:			62401
		BUSINESS PHONE:		(217)342-2141

	MAIL ADDRESS:	
		STREET 1:		133 WEST JEFFERSON STREET
		CITY:			EFFINGHAM
		STATE:			IL
		ZIP:			62401
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001466026</cik>
        <entityName>Midland States Bancorp, Inc.</entityName>
        <issuerAddress>
            <street1>133 WEST JEFFERSON STREET</street1>
            <city>EFFINGHAM</city>
            <stateOrCountry>IL</stateOrCountry>
            <zipCode>62401</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>(217)342-2141</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Leon</firstName>
                <middleName>J.</middleName>
                <lastName>Holschbach</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>133 W. Jefferson Street</street1>
                <city>Effingham</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>62401</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kenneth</firstName>
                <middleName>D.</middleName>
                <lastName>Maschhoff</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>133 W. Jefferson Street</street1>
                <city>Effingham</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>62401</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>M.</middleName>
                <lastName>Schultz</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>133 W. Jefferson Street</street1>
                <city>Effingham</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>62401</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>F.</middleName>
                <lastName>Schultz</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>133 W. Jefferson Street</street1>
                <city>Effingham</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>62401</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jeffrey</firstName>
                <middleName>C.</middleName>
                <lastName>Smith</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>133 W. Jefferson Street</street1>
                <city>Effingham</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>62401</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Karen</firstName>
                <middleName>A.</middleName>
                <lastName>Wolters</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>133 W. Jefferson Street</street1>
                <city>Effingham</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>62401</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Quintin</firstName>
                <middleName>A.</middleName>
                <lastName>Siemer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>133 W. Jefferson Street</street1>
                <city>Effingham</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>62401</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jeffrey</firstName>
                <lastName>Ludwig</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>133 W. Jefferson Street</street1>
                <city>Effingham</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>62401</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Commercial Banking</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-03-03</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>100000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>40000000</totalOfferingAmount>
            <totalAmountSold>9050000</totalAmountSold>
            <totalRemaining>30950000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>14</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Midland States Bancorp, Inc.</issuerName>
                <signatureName>Jeffrey Ludwig</signatureName>
                <nameOfSigner>Jeffrey Ludwig</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2010-03-16</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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