The valuation (26 mil) of this company seems too small even when compared with lower quality regionals, and even assuming a s/h dilution to raise funds and shrinking the company to throw off liabilities.
The structure of the company appears to allow for shedding banks at the direction of the FDIC rather than a seizure.
Lower share price from here means the market is projecting they will cease to exist, but most scenarios where CBC survives would be more than current valuation.
Seems like less risk in stock price that has already been crushed. Coin flip time.