Midland Capital Holdings Corp. (MCPH)

Midland Capital Holdings Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004	FY 2003
Period Ending	Mar 31, 2008	Jun 30, 2007	Jun 30, 2006	Jun 30, 2005	Jun 30, 2004	Jun 30, 2003
Interest Income on Loans	4.88	5.15	5.43	5.51	5.5	5.74
Interest Income on Investments	1.58	1.65	1.39	1	0.84	1.54
Total Interest Income	6.46	6.8	6.82	6.51	6.34	7.28
Interest Paid on Deposits	2.19	2.08	1.65	1.37	1.71	2.72
Net Interest Income	4.27	4.73	5.17	5.13	4.63	4.55
Net Interest Income Growth (YoY)	-12.36%	-8.59%	0.69%	10.79%	1.78%	2.38%
Other Non-Interest Income	0.32	0.32	0.35	0.36	0.56	0.67
Total Non-Interest Income	0.84	0.76	0.86	0.82	1.56	1.21
Non-Interest Income Growth (YoY)	4.04%	-12.54%	6.05%	-47.85%	29.35%	7.12%
Revenues Before Loan Losses	5.11	5.48	6.03	5.95	6.2	5.76
Provision for Loan Losses	-	-	-	-	0.06	0.06
Revenue	5.11	5.48	6.03	5.95	6.14	5.7
Revenue Growth (YoY)	-10.03%	-9.16%	1.42%	-3.06%	7.64%	2.54%
Salaries and Employee Benefits	2.49	2.56	2.61	2.58	2.63	2.63
Occupancy Expenses	0.68	0.68	0.65	0.64	0.73	0.77
Federal Deposit Insurance	0.01	0.01	0.02	0.02	0.02	0.02
Selling, General & Administrative	0.38	0.39	0.41	0.41	0.44	0.41
Other Non-Interest Expense	0.76	0.79	0.85	0.81	0.74	0.82
Total Non-Interest Expense	4.32	4.43	4.54	4.45	4.57	4.65
EBT Excluding Unusual Items	0.79	1.06	1.49	1.5	1.56	1.05
Pretax Income	0.79	1.06	1.53	1.83	1.56	1.05
Income Tax Expense	0.27	0.36	0.52	0.62	0.52	0.36
Net Income	0.52	0.7	1.01	1.2	1.04	0.69
Net Income to Common	0.52	0.7	1.01	1.2	1.04	0.69
Net Income Growth	-36.37%	-31.02%	-15.90%	15.33%	51.07%	-20.33%
Basic Shares Outstanding	0	0	0	0	0	0
Diluted Shares Outstanding	0	0	0	0	0	0
Shares Change (YoY)	-	-	-	-	1.45%	-0.16%
EPS (Basic)	1.40	1.87	2.71	3.23	2.80	1.88
EPS (Diluted)	1.39	1.87	2.71	3.23	2.80	1.88
EPS Growth	-36.57%	-31.02%	-15.90%	15.33%	48.92%	-20.37%
Dividend Per Share	0.960	0.960	0.900	0.820	0.680	0.620
Dividend Growth	0%	6.67%	9.76%	20.59%	9.68%	34.78%
Effective Tax Rate	34.01%	33.99%	33.77%	34.17%	33.30%	34.42%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.