tag:blogger.com,1999:blog-235433516644980443.post3690945966746460703..comments2024-03-27T05:08:10.195-04:00Comments on Jeff For Banks: Banks On SaleJeff Marsicohttp://www.blogger.com/profile/12153599647481141591noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-235433516644980443.post-79438070161679825172020-05-04T10:26:46.289-04:002020-05-04T10:26:46.289-04:00This comment has been removed by a blog administrator.bankhttps://www.nsowo.com/29144/%d8%a8%d8%a7%d9%84%d8%a3%d9%84%d9%85%d8%a7%d9%86%d9%8a-%d8%a3%d8%b3%d9%85%d8%a7%d8%a1-%d8%a7%d9%84%d9%85%d9%87%d9%86-100-%d9%85%d9%87%d9%86%d8%a9-%d9%85%d8%aa%d8%b1%d8%ac%d9%85%d8%a9-%d9%84%d9%84/noreply@blogger.comtag:blogger.com,1999:blog-235433516644980443.post-78030796054660957282020-04-17T12:23:54.620-04:002020-04-17T12:23:54.620-04:00Anonymous,
MainStreet Bank, although announcing t...Anonymous,<br /><br />MainStreet Bank, although announcing their earnings, did not yet file their Call Report, so more granular asset quality information is not yet available. But their NPA's/Assets was reported at 10 basis points. At 12/31, it was 9 basis points. Additionally, they have $10 million in their ALLL, and probably another $30 million of capital above "well capitalized" (although hard to tell without Call Report). So there is cushion.<br /><br />And perhaps there wasn't enough supportable data to increase provision. But I would expect an increase in 2Q.<br /><br />Thanks for the comment!<br /><br />~ JeffJeff Marsicohttps://www.blogger.com/profile/12153599647481141591noreply@blogger.comtag:blogger.com,1999:blog-235433516644980443.post-78095767322507220742020-04-16T22:40:01.859-04:002020-04-16T22:40:01.859-04:00MNSB seems to be the only one reported earning tha...MNSB seems to be the only one reported earning that does not have a large provision. Their portfolio has over 20% construction so it's not a super conservative one. What are your thoughts? Thanks!Anonymousnoreply@blogger.com