Effingham, IL-(Effingham Radio)- Midland States Bank (the “Bank”) announced today the appointments of Matthew Shelton as Corporate Controller and Tori Flach as Director of Financial Reporting.
“Matthew and Tori each bring valuable experience that strengthens our Finance organization,” said Claire Stack, Executive Vice President and Chief Financial Officer. “Their leadership enhances our accounting and financial reporting capabilities and reinforces the strong financial stewardship that supports Midland’s long-term success.”
Shelton brings more than 27 years of experience in accounting and financial reporting, including leadership roles in SEC reporting, bank accounting, internal controls, regulatory reporting and finance operations. As Corporate Controller, he oversees the Bank’s accounting operations and helps ensure the accuracy and integrity of Midland’s financial reporting. Shelton has extensive experience leading accounting organizations within publicly traded financial institutions. He earned a bachelor’s degree in accounting from the University of Missouri–St. Louis and passed the Uniform CPA Examination.
Flach joins Midland as Director of Financial Reporting. Most recently, she served as an Assurance Manager with CBIZ, where she led audit engagements, advised clients on financial reporting matters and supported process improvement initiatives. At Midland, she oversees internal and external financial reporting and supports the Bank’s regulatory and public company reporting activities.
Flach earned a Master of Professional Accountancy and a bachelor’s degree in accounting from Butler University. She is a Certified Public Accountant and received the Elijah Watt Sells Award from the American Institute of Certified Public Accountants in recognition of exceptional performance on the Uniform CPA Examination.
These leadership appointments further strengthen Midland’s accounting and financial reporting capabilities in support of the Bank’s long-term strategic objectives.
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. As of September 30, 2026, the Company had total assets of approximately $6.82 billion, and its Wealth Management Group had assets under administration of approximately $4.77 billion. The Company provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit www.midlandsb.com or www.linkedin.com/company/midland-states-bank.
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