Core Viewpoint - Midland States Bancorp, Inc. announced the reappointment of Jeffrey G. Ludwig as a member of the Federal Advisory Council, highlighting the role of community and regional banks in economic discussions [1][3]. Group 1: Company Overview - Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank [3]. - As of December 31, 2025, the company had total assets of approximately $6.51 billion and its Wealth Management Group had assets under administration of approximately $4.48 billion [3]. Group 2: Federal Advisory Council Role - As a member of the Federal Advisory Council, Mr. Ludwig will meet several times each year with the Federal Reserve's Board of Governors and other financial regulatory agencies [2]. - The Council provides the Federal Reserve Board with insights from the financial industry regarding regulatory and monetary policy matters [1][2]. Group 3: Economic Impact - Mr. Ludwig emphasized the importance of including the experiences of small and mid-sized businesses in broader economic discussions [3].