Here's the shocking truth: A lot of banks got blindsided by all of the new rules. They didn't understand them, and they didn't realize what a sea change they are. But you know that didn't happen when your CEO is a banking attorney ... right? So don't worry ... he's been on top of it all along. He knows what's going on. You just play video games while you wait.
Everyone is trying to figure out if the new rules are favorable to banks, but it doesn't make any difference because ... they are very complicated rules. It's just not going to be efficient to be a small bank.