Consistently low interest rates are a big problem for us. And they will probably stay low. If everyone thought rates were going up, they would raise rates now ... but they don't. So how does a lending bank make money when rates are so low? It can't.
History proves you need diverse lines of business. Would you run a football team with all passing plays? Of course not. In one sense, we're really screwed.
But that's okay. Since business banking is solid like an all-running team, not much can go wrong ... we can still get good value on a buyout. We can fit in very well with one of those no run, all pass, high risk mortgage banks. It's basic customer accounts that have the most value.