Centrue Financial Corporation Announces Shareholder Approval for Merger
June 07 2017 - 4:30PM
Centrue Financial Corporation (NASDAQ:CFCB) (“Centrue”) today
announced that Centrue’s shareholders voted in favor of the
approval of the merger agreement between Centrue and Midland States
Bancorp, Inc. (NASDAQ:MSBI) (“Midland”). Under the merger
agreement, and subject to the satisfactory of customary closing
conditions, Centrue will merge into Midland, with Midland as the
surviving corporation.
About Centrue Financial
Corporation
Centrue Financial Corporation is a regional
financial services company headquartered in Ottawa, Illinois and
devotes special attention to personal service. Centrue serves a
market area which extends from the far western and southern suburbs
of the Chicago metropolitan area across Central Illinois and
metropolitan St. Louis. Further information about Centrue is
available at its website at http://www.centrue.com.
About Midland States Bancorp, Inc.
Midland States Bancorp, Inc. is a
community-based financial holding company headquartered in
Effingham, Illinois, and is the sole shareholder of Midland States
Bank. Midland had assets of approximately $3.4 billion, and its
Midland Wealth Management Group had assets under administration of
approximately $1.9 billion as of March 31, 2017. Midland
provides a full range of commercial and consumer banking products
and services, merchant credit card services, trust and investment
management, and insurance and financial planning services. In
addition, commercial equipment leasing services are provided
through Heartland Business Credit, and multi-family and healthcare
facility FHA financing is provided through Love Funding, Midland’s
non-bank subsidiaries. Midland has more than 80 locations across
the United States. For additional information, visit
www.midlandsb.com or follow Midland on LinkedIn at
https://www.linkedin.com/company/midland-states-bank.
Additional Information
This communication is being made in respect of
the merger involving Midland and Centrue. This communication does
not constitute an offer to sell or the solicitation of an offer to
buy any securities or a solicitation of any vote or approval.
Midland has filed a registration statement
on Form S-4 with the SEC in connection with the proposed
transaction. Shareholders are advised to read the joint proxy
statement/prospectus because it contains important information
about Midland, Centrue and the proposed transaction. This document
and other documents relating to the merger filed by Midland and
Centrue can be obtained free of charge from the SEC’s website at
www.sec.gov. These documents also can be obtained free of charge by
accessing Midland’s website at www.midlandsb.com under
“Investors” and then under the “SEC Filings” tab. Alternatively,
these documents may be obtained free of charge from Midland upon
written request to Midland States Bancorp, Inc., Corporate
Secretary, 1201 Network Centre Drive, Effingham, Illinois,
62401 or by calling (217) 342-7321 or emailing
corpsec@midlandsb.com, or from Centrue, upon written request to
Centrue Financial Corporation, Investor Relations, 122 West
Madison Street, Ottawa, Illinois 61350 or by calling (815) 431-8400
or emailing investor.relations@centrue.com.
CONTACTS:
For Midland:
Douglas J. Tucker, Sr. V.P., Corporate Counsel, at dtucker@midlandsb.com or (217) 342-7321
For Centrue:
Daniel R. Kadolph, Chief Financial Officer, at daniel.kadolph@centrue.com or (815) 431-2838
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