Midland States Bancorp, Inc. announced Stephen A. Erickson, Chief Financial Officer, has resigned from the company and Midland States Bank to accept a position with another financial institution based in Michigan.

The company also announced Donald Spring, Corporate Controller for the company and Midland States Bank, has been promoted to Chief Accounting Officer, and will lead the company’s finance department on an interim basis while Midland conducts an executive search for Erickson’s replacement. Spring has more than 35 years of accounting experience and has served as Midland’s Corporate Controller since 2009.

“We appreciate Steve’s many years of service to Midland and wish him well in his future endeavors,” said Jeffrey G. Ludwig, President and Chief Executive Officer of Midland. “Don Spring has been a key member of our finance department for a decade and has done an outstanding job of managing our accounting functions as Midland has grown in scale and complexity. We are very pleased to recognize his value to Midland with the promotion to Chief Accounting Officer and we know that he is well suited to lead our finance department while we conduct our search for a permanent CFO.”

Midland States Bank includes Midland Equipment Finance, its business equipment financing division.