% | $
Quotes you view appear here for quick access.

Colony Bankcorp Inc. Message Board

  • jkwelli jkwelli Mar 11, 2010 10:23 AM Flag

    You want HBAN Not CBAN

    HBAN has a well diversified portfolio between CRE, construction, family loans. I believe HBAN Commercial RE is about 17% of their portfolio and in good shape.

    In contrast Colony has about 39.4% of their portfolio in CRE. The national average for banks is 15%.

    CBAN is also in GA, one of the 10 states with the highest forclosure rates.

    I understand that as of last filing CBAN has 4.2% of their CRE portfolio 30-89 days delinquent. The national average is 1.23%.

    Watch CBANs 30-89 and 90+ CRE delinquencies next Q.

9.85-0.01(-0.10%)Sep 26 4:00 PMEDT