I have had this stock, from a merged bank, for many years. I have received more in dividends in one year for many years than I paid for the stock. But, now, the immediate future for the stock doesn't look bright. Being retired, I am wanting dividends, which I don't see coming for a number of years. It was a good investment when I bought the stock but it isn't now and probably will not be for a long time in the future.
2012 projected earnings are 68 cents. If that is true and you bought now, you'd soon see your holding at a 5.5 p/e ratio. If there were confident that they could maintain that level of earnings the dividend could be raised to 6 or even 12 cents per quarter. Let's see 48 cents on $3.90 is a yield of 12.3%. von Kluck