So now out of Florida? Reduced amount in Nevada?Does any one think their BV will be stablizing? Will they show positive income?
My GUESS:Loan origination shows continued increaseMaybe some minor REO liquidationsDeposit base steadyNevada assets continue to exist and depreciate, more new NPLs.NET 2nd qtr. earnings LOSS of 2.5 million (about .14 a share)BV slightly decreases to about 14.30It's a GUESS, what else can it be based on nonexistent media relations? No harm in guessing for fun! GL
I think they will continue to lose about $10M per quarter for the rest of the year and will have to do a preferred stock offering...not bad really when you consider they haven't needed any outside capital to date.