I suppose none of us remember the bank as a rural association when it began in 1872. But, RW, your cost basis must be miniscule. Stock bought as late as 1990 would have had a cost basis (adjusted for one 2 for 1 split) of $2.00. I don't have your bragging rights, but I sure can't complain about my stock bought in 1993. And, I agree, as long as this well-run machine has as much on the ball as it does, who cares about the stock price. I won't sell it anyway.
Funny you should mention 1872 Ellen. I still have the shovel used for that groundbreaking (smile). Serious, I bought two shares of Carolina Bank in 1967 and added as I could. It merged with BB&T and I took advantage of dividend reinvestment which was not very much. But over a period of time it has done very well. Now I am retired and am very proud of the job BB&T has done for me. They raise dividends each year. I would recommend this stock to anyone who has patience.
I imagine a horrible time for the south as reconstruction crawled along during 1872. If I could spend a day in history, I'd very much like to know what it was like during the Civil War and the bank's history must be very rich indeed. I too would recommend this stock to anyone. If they are not patient, they should not hold stocks, agree?