Norm, thanks for the reminder of details. I went to the BBT web site and reviewed the numbers and given the economic environment last qtr's numbers look OK. Long term of course they cannot continue to have profits decrease and defaults increase at the 3rd qtr rates. Even thoug I expect the 4th qtr to be in the same range as the 3rd qtr.
I was wondering about your estimate for increased loans of 2%. Is that qtr over qtr or year over year. Given BB&T should have gained as WB went thru the whole takeout process I would expect a nice bump in deposits and loan growth. So I am thinking your estimate must be qtr over qtr or a 8-10% year over year growth.