Just don't think a bank would deregister and plan on business as usual
When a bank doesn't file with the SEC, no institutional investor is going to buy ... one can't readily get the info. they need, and inst. investors have other restrictions. So if you're HBKS, it's like you're giving up on finding new investors.
A banking attorney/CEO would never tell HBKS to deregister unless there's a plan to sell the bank ... that's my opinion.