Sec Form 13G Filing - FJ Capital Management LLC filing for MIDL.STS BANC.INC ILL DEP.SHS (MSBIP) - 2022-02-10

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 3) *

 

Midland States Bancorp Inc. Illinois (MSBI)
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
597742105
(CUSIP Number)
 
12/31/2021
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

  Rule 13d-1(b)
     
  Rule 13d-1(c)
     
  Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

CUSIP No. 597742105   Page 2 of 17

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
(ENTITIES ONLY) 

FJ Capital Management LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 1,394,013 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 1,078,377 (2)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,394,013 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

6.33%

 

12

 

TYPE OF REPORTING PERSON

 

IA
         

 

(1)Consists of 943,249 shares of common stock of the Issuer held by Financial Opportunity Fund LLC, 36,378 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, 275,828 shares of common stock of the Issuer held by Bridge Equities III, LLC and 39,808 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which FJ Capital Management LLC is the sub-investment advisor, and 98,750 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

 

(2)Consists of 943,249 shares of common stock of the Issuer held by Financial Opportunity Fund LLC, 36,378 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, and 98,750 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

 

 

 

CUSIP No. 597742105   Page 3 of 17

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
(ENTITIES ONLY) 

Financial Opportunity Fund LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 943,249 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 943,249 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

943,249 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

4.28%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 943,249 shares of common stock of the Issuer held by Financial Opportunity Fund, LLC.

 

 

 

 

CUSIP No. 597742105   Page 4 of 17

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
(ENTITIES ONLY) 

Financial Opportunity Long/Short Fund LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 36,378 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 36,378 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

36,378 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.17%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 36,378 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund, LLC.

 

 

 

CUSIP No. 597742105   Page 5 of 17

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
(ENTITIES ONLY) 

Martin Friedman

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 1,394,013 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 1,078,377 (2)

 < /p>

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,394,013 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

6.33%

 

12

 

TYPE OF REPORTING PERSON

 

IN
         

 

(1)Consists of 943,249 shares of common stock of the Issuer held by Financial Opportunity Fund LLC, 36,378 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, 275,828 shares of common stock of the Issuer held by Bridge Equities III, LLC and 39,808 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which FJ Capital Management LLC is the sub-investment advisor, and 98,750 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages. Martin Friedman is the Managing Member of FJ Capital Management LLC; as such, Mr. Friedman may be deemed to be a beneficial owner of reported shares but as to which Mr. Friedman disclaims beneficial ownership.
(2)Consists of 943,249 shares of common stock of the Issuer held by Financial Opportunity Fund LLC, 36,378 shares of common stock of the Issuer held by Financial Opportunity Long/Short Fund LLC, of which FJ Capital Management LLC is the managing member, and 98,750 shares of common stock of the Issuer held by managed accounts that FJ Capital Management manages. Martin Friedman is the Managing Member of FJ Capital Management LLC; as such, Mr. Friedman may be deemed to be a beneficial owner of reported shares but as to which Mr. Friedman disclaims beneficial ownership.

 

 

 

CUSIP No. 597742105   Page 6 of 17

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

Bridge Equities III, LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 275,828 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 275,828 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

275,828 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.25%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 275,828 shares of common stock of the Issuer held by Bridge Equities III, LLC.

 

 

 

 

CUSIP No. 597742105   Page 7 of 17

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

Bridge Equities XI, LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 39,808 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 39,808 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

39,808 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.18%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1) Consists of 39,808 shares of common stock of the Issuer held by Bridge Equities XI, LLC.

 

 

 

 

CUSIP No. 597742105   Page 8 of 17

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

SunBridge Manager, LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 315,636 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 315,636 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

315,636 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.43%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 275,828 shares of common stock of the Issuer held by Bridge Equities III, LLC and 39,808 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which SunBridge Manager, LLC is the Managing Member; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares.

 

 

 

CUSIP No. 597742105   Page 9 of 17

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

SunBridge Holdings, LLC

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 315,636 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 315,636 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

315,636 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.43%

 

12

 

TYPE OF REPORTING PERSON

 

OO
         

 

(1)Consists of 275,828 shares of common stock of the Issuer held by Bridge Equities III, LLC and 39,808 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which SunBridge Manager, LLC is the Managing Member. SunBridge Holdings, LLC is the Managing Member of SunBridge Manager, LLC; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

 

 

 

CUSIP No. 597742105   Page 10 of 17

 

 

1

 

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE  PERSONS
(ENTITIES ONLY) 

Realty Investment Company, Inc.

 

 

2

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)

(b)

 

3

 

SEC USE ONLY

 

 

 

4

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Maryland
NUMBER OF
SHARES
5 SOLE VOTING POWER  
BENEFICIALLY
OWNED BY
6 SHARED VOTING POWER 315,636 (1)
EACH
REPORTING
7 SOLE DISPOSITIVE POWER  
PERSON
WITH:
8 SHARED DISPOSITIVE POWER 315,636 (1)

 

9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

315,636 (1)

 

10

 

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES

 

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.43%

 

12

 

TYPE OF REPORTING PERSON

 

CO
         

 

(1)Consists of 275,828 shares of common stock of the Issuer held by Bridge Equities III, LLC and 39,808 shares of common stock of the Issuer held by Bridge Equities XI LLC, of which SunBridge Manager, LLC is the Managing Member. SunBridge Holdings, LLC is the Managing Member of SunBridge Manager, LLC. Realty Investment Company, Inc. is the Manager of SunBridge Holdings, LLC; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

 

 

 

 

CUSIP No. 597742105   Page 11 of 17

 

Item 1(a).   Name of Issuer:
     
    Midland States Bancorp ILL (MSBI)
     
Item 1(b).   Address of Issuer’s Principal Executive Offices:
     
    1201 Network Centre Drive
    Effingham, IL  62401
     
Item 2(a).   Name of Person Filing:
     
   

This Schedule 13G is being filed on behalf of the following Reporting Persons:

FJ Capital Management LLC

Financial Opportunity Fund LLC

Martin Friedman

Bridge Equities III, LLC

Bridge Equities XI, LLC

SunBridge Manager, LLC

SunBridge Holdings, LLC

Realty Investment Company, Inc

     
Item 2(b).   Address of Principal Business Office or, if None, Residence:
     
   

FJ Capital Management, LLC

7901 Jones Branch Drive, Suite 210

McLean, VA 22102

 

Financial Opportunity Fund LLC

7901 Jones Branch Drive, Suite 210

McLean, VA 22102

 

Financial Opportunity Long/Short Fund LLC

7901 Jones Branch Drive, Suite 210

McLean, VA 22102

 

Martin Friedman

7901 Jones Branch Drive, Suite 210

McLean, VA 22102

 

Bridge Equities III, LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

Bridge Equities XI, LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

SunBridge Manager, LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

SunBridge Holdings, LLC

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

Realty Investment Company, Inc

8171 Maple Lawn Blvd, Suite 375

Fulton, MD 20759

 

 

 

CUSIP No. 597742105   Page 12 of 17

 

Item 2(c).   Citizenship:
     
   

Financial Opportunity Fund LLC, Bridge Equities III, LLC, Bridge Equities XI, LLC, and FJ Capital Management LLC, SunBridge Manager, LLC, SunBridge Holdings, LLC – Delaware limited liability companies

Martin Friedman – United States citizen

Realty Investment Company, Inc – Maryland corporation

     
Item 2(d).   Title of Class of Securities:
     
    Common Stock
     
Item 2(e).   CUSIP Number:
     
    597742105
     
Item 3. If This Statement is Filed Pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a:

 

  (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
       
  (b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
       
  (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
       
  (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
  (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G);
       
  (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
       
  (j)

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

 

 

 

CUSIP No. 597742105   Page 13 of 17

 

Item 4. Ownership.
   
  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a) Amount beneficially owned:
     
   

FJ Capital Management LLC – 1,394,013 shares

Financial Opportunity Fund LLC – 943,249 shares

Financial Opportunity Long/Short Fund LLC – 36,378 shares

Martin Friedman – 1,394,013 shares

Bridge Equities III, LLC – 275,828 shares

Bridge Equities XI, LLC – 39,808 shares

SunBridge Manager, LLC – 315,636 shares

SunBridge Holdings, LLC - 315,636 shares

Realty Investment Company, Inc – 315,636 shares

     
  (b) Percent of class:
     
   

FJ Capital Management LLC – 6.33%

Financial Opportunity Fund LLC – 4.28%

Financial Opportunity Long/Short Fund LLC – 0.17%

Martin Friedman – 6.33%

Bridge Equities III, LLC – 1.25%

Bridge Equities XI, LLC – 0.18%

SunBridge Manager, LLC – 1.43%

SunBridge Holdings, LLC – 1.43%

Realty Investment Company, Inc – 1.43%

     
  (c) Number of shares as to which such person has:
     
    (i) Sole power to vote or to direct the vote
       
      All Reporting Persons - 0
       
    (ii) Shared power to vote or to direct the vote
       
     

FJ Capital Management LLC – 1,394,013 shares

Financial Opportunity Fund LLC – 943,249 shares

Financial Opportunity Long/Short Fund LLC – 36,378 shares

Martin Friedman – 1,394,013 shares

Bridge Equities III, LLC – 275,828 shares

Bridge Equities XI, LLC – 39,808 shares

SunBridge Manager, LLC – 315,636 shares

SunBridge Holdings, LLC - 315,636 shares

Realty Investment Company, Inc – 315,636 shares

 

 

 

 

CUSIP No. 597742105   Page 14 of 17

 

    (iii) Sole power to dispose or to direct the disposition of
       
      All Reporting Persons – 0
       
    (iv) Shared power to dispose or to direct the disposition of
       
     

FJ Capital Management LLC – 1,394,013 shares

Financial Opportunity Fund LLC – 943,249 shares

Financial Opportunity Long/Short Fund LLC – 36,378 shares

Martin Friedman – 1,394,013 shares

Bridge Equities III, LLC – 275,828 shares

Bridge Equities XI, LLC – 39,808 shares

SunBridge Manager, LLC – 315,636 shares

SunBridge Holdings, LLC - 315,636 shares

Realty Investment Company, Inc – 315,636 shares

 

 

Item 5. Ownership of Five Percent or Less of a Class.
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
   
  N/A.
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   
  N/A
   
   
Item 8. Identification and Classification of Members of the Group.
   
  Due to the relationships among them, the reporting persons hereunder may be deemed to constitute a “group” with one another for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934.  
   
Item 9. Notice of Dissolution of Group.
   
  N/A

 

Item 10. Certification.
   
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect

.

 

 

 

 

CUSIP No. 597742105   Page 15 of 17

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

 

Date: 2/11/2022  

Financial Opportunity Fund LLC

By: FJ Capital Management LLC, its Managing Member

 

 

By:     /s/ Martin Friedman           

Name: Martin Friedman

Title: Managing Member

 

 

Financial Opportunity Long/Short Fund LLC

By: FJ Capital Management LLC, its Managing Member

 

 

By:     /s/ Martin Friedman           

Name: Martin Friedman

Title: Managing Member

 

 

FJ Capital Management LLC

 

 

By:     /s/ Martin Friedman           

Name: Martin Friedman

Title: Managing Member

 

 

 

 

 

 

/s/ Martin Friedman           

MARTIN FRIEDMAN

 

     

 

 

 

 

CUSIP No. 597742105   Page 16 of 17

 

 

Bridge Equities III, LLC

By: SunBridge Manager, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                 

Name: Christine A. Shreve

Title: Manager

 

 

Bridge Equities XI, LLC

By: SunBridge Manager, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                 

Name: Christine A. Shreve

Title: Manager

 

 

SunBridge Manager, LLC

By: SunBridge Holdings, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                 

Name: Christine A. Shreve

Title: President

 

 

 

SunBridge Holdings, LLC

By: Realty Investment Company, Inc., its Manager

 

 

By:    /s/ Christine A. Shreve                 

Name: Christine A. Shreve

Title: President

 

 

realty investment company, inc.

 

 

By:    /s/ Christine A. Shreve                 

Name: Christine A. Shreve

Title: President

 

 

 

 

 

 

CUSIP No. 597742105   Page 17 of 17

Joint Filing Agreement

The undersigned agree that this Schedule 13G, and all amendments thereto, relating to the Common Stock Midland States Bancorp Inc Illinois (MSBI) shall be filed on behalf of the undersigned.

FINANCIAL OPPORTUNITY FUND LLC

By:    FJ Capital Management, LLC

 

 

By:    /s/ Martin Friedman                             

Name: Martin Friedman

Title: Managing Member

 

 

 

Financial Opportunity Long/Short

FUND LLC

By: FJ Capital Management, LLC

 

 

By:    /s/ Martin Friedman                             

Name: Martin Friedman

Title: Managing Member

 

 

 

FJ CAPITAL MANAGEMENT LLC

 

 

By:    /s/ Martin Friedman                             

Name: Martin Friedman

Title: Managing Member

 

 

 

 

 

 

/s/ Martin Friedman                             

MARTIN FRIEDMAN

 

 

Bridge Equities XI, LLC

By: SunBridge Manager, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                             

Name: Christine A. Shreve

Title: Manager

 

 

Bridge Equities III, LLC

By: SunBridge Manager, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                             

Name: Christine A. Shreve

Title: Manager

 

 

SunBridge Manager, LLC

By: SunBridge Holdings, LLC, its Managing Member

 

 

By:    /s/ Christine A. Shreve                             

Name: Christine A. Shreve

Title: President

 

 

Sunbridge holdings, llc

By: Realty Investment Company, Inc., its Manager

 

 

By:    /s/ Christine A. Shreve                             

Name: Christine A. Shreve

Title: President

 

 

realty investment company, inc.

 

 

By:    /s/ Christine A. Shreve                             

Name: Christine A. Shreve

Title: President