PBCT's management and board should take notes on how to grow a bank franchise and GROW EARNINGS. CEO John Koelmel is a former partner of KPMG who has grown FNFG to over $30B from $5B in the last 5 yrs. from a base of ops located in Buffalo! All while PBCT has sat on its cash (at least that cash that was not distributed to the Execs) and churned through CEO after CEO. Now FNFG is in CT to eat PBCT's lunch. The new guy, Burnes, is not the answer.