Midland Capital Holdings (Midland Capital Holdings) Credit Losses Provision : $-0.28 Mil (As of Jun. 2023)

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What is Midland Capital Holdings Credit Losses Provision?

Midland Capital Holdings's credit losses provision for the six months ended in Jun. 2023 was $-0.28 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.28 Mil.

Midland Capital Holdings's quarterly credit losses provision stayed the same from Jun. 2007 ($0.00 Mil) to Jun. 2022 ($0.00 Mil) but then declined from Jun. 2022 ($0.00 Mil) to Jun. 2023 ($-0.28 Mil).

Midland Capital Holdings's annual credit losses provision stayed the same from Jun. 2007 ($0.00 Mil) to Jun. 2022 ($0.00 Mil) but then declined from Jun. 2022 ($0.00 Mil) to Jun. 2023 ($-0.28 Mil).

Midland Capital Holdings Credit Losses Provision Historical Data

The historical data trend for Midland Capital Holdings's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Midland Capital Holdings Credit Losses Provision Chart

Midland Capital Holdings Annual Data

Trend

Jun00

Jun01

Jun03

Jun04

Jun05

Jun06

Jun07

Jun22

Jun23

Credit Losses Provision

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-0.28

Midland Capital Holdings Semi-Annual Data
	Jun00	Jun01	Jun03	Jun04	Jun05	Jun06	Jun07	Jun22	Jun23
Credit Losses Provision	Get a 7-Day Free Trial				-	-	-	-	-0.28

Midland Capital Holdings Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.28 Mil.

Midland Capital Holdings (Midland Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Midland Capital Holdings Corp (OTCPK:MCPH) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

8929 South Harlem Avenue, Bridgeview, IL, USA, 60455

Website

https://www.midlandfederal.com

Midland Capital Holdings Corp is engaged in the business of attracting deposits from the general public and using such deposits to originate a residential mortgage and, to a lesser extent, consumer, multi-family, and other loans in its primary market area. The company also makes substantial investments in investment securities and money market mutual funds.

Executives

Richard Lloyd Taylor	director, officer: Vice President	13361 CALLAN DR., ORLAND PARK X1 60462
Algerd Brazis	director
Michael J Kukanza	director

Midland Capital Holdings (Midland Capital Holdings) Headlines

From GuruFocus

Midland Capital Holdings Corporation Reaches Definitive Agreement to Be Acquired by Investor Group

By PRNewswire • 09-12-2023