Apparently you lost your reading glasses. Did you read the part where 4M was due to breaking leases and severance costs. What do you think this was from?
Personnel and occupancy expenses increased by $6 million during the fourth quarter which included $4 million of severance cost and lease breakage expense related to the Company's recently announced efficiency initiatives.
This is better than having a loss. ASBC is coming back from the mortgage disasters that many banks were experiencing. I do think ASBC should close some of their many branch offices in the Green Bay ...DePere area. There seems to be an excess number of sites. Part of it was due to acquisitions.