Midland Capital Holdings Corp. (MCPH)

Midland Capital Holdings Balance Sheet

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
Cash & Equivalents	29.98	13.46	11.26	36.71	50.5	49.42
Investment Securities	1.35	21.13	21.02	1.31	1.23	1.36
Mortgage-Backed Securities	1.28	1.47	1.68	1.92	2.94	11.3
Total Investments	2.63	22.6	22.71	3.23	4.18	12.66
Gross Loans	82.3	84.29	92.31	95.07	94.54	94.22
Allowance for Loan Losses	-0.41	-0.43	-0.44	-0.47	-0.47	-0.67
Other Adjustments to Gross Loans	-	-0.01	-0.17	-0.03	-0.11	-0.62
Net Loans	81.89	83.84	91.7	94.58	93.96	92.93
Property, Plant & Equipment	1.94	2.07	2.24	2.24	2.38	2.61
Loans Held for Sale	0.59	1.01	0.84	0.25	0.58	0.37
Accrued Interest Receivable	0.33	0.33	0.37	0.37	0.36	0.45
Other Receivables	-	0.02	0.11	0.13	0.12	0.12
Other Current Assets	0.49	0.18	0.21	0.16	0.19	0.21
Long-Term Deferred Tax Assets	-	0.09	0.13	0.13	0.18	0.12
Other Long-Term Assets	-	0.13	0.09	0.06	0.06	0.1
Total Assets	119	124.89	130.82	138.98	153.56	159.98
Accounts Payable	-	0.1	0.08	-	-	-
Accrued Expenses	-	0.28	0.3	-	-	-
Interest Bearing Deposits	104.13	88.87	95.09	103.9	120.39	124.32
Institutional Deposits	-	10.9	9.1	7.4	7.95	11.52
Non-Interest Bearing Deposits	-	9.97	11.78	13.53	12.1	11.65
Total Deposits	104.13	109.74	115.97	124.84	140.44	147.49
Current Income Taxes Payable	-	0.01	-	-	-	-
Accrued Interest Payable	-	0.01	0.01	-	-	-
Other Long-Term Liabilities	1.01	1.04	1.16	1.45	1.38	1.43
Total Liabilities	105.14	111.18	117.52	126.28	141.82	148.92
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	3.4	3.4	3.4	3.4	3.4	3.4
Retained Earnings	10.22	10.1	9.76	9.08	8.18	7.39
Comprehensive Income & Other	0.24	0.21	0.13	0.22	0.17	0.27
Shareholders' Equity	13.85	13.71	13.3	12.7	11.74	11.06
Total Liabilities & Equity	119	124.89	130.82	138.98	153.56	159.98
Net Cash (Debt)	29.98	13.46	11.26	36.71	50.5	49.42
Net Cash Growth	131.31%	19.50%	-69.33%	-27.30%	2.18%	50.12%
Net Cash Per Share	80.47	36.11	30.22	98.52	135.53	134.56
Filing Date Shares Outstanding	0.37	0.37	0.37	0.37	0.37	0.37
Total Common Shares Outstanding	0.37	0.37	0.37	0.37	0.37	0.37
Book Value Per Share	37.18	36.80	35.68	34.08	31.51	29.67
Tangible Book Value	13.85	13.71	13.3	12.7	11.74	11.06
Tangible Book Value Per Share	37.18	36.80	35.68	34.08	31.51	29.67

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