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I always thought they were well-run, but never all that cheap. They continue to be well run, but are a little cheaper. The question mark with those guys could be asset quality, as they have a sizable slug of second lien home equity loans. But I don't see any obvious problems with them.
Nice bank, and probably an eventual M&A target.
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"And Jesus spake, 'Become thou now fishers of adjustable rate mortgages'" - New Conservative Bible
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