When talking TARP & SBLF, Mr. Ives stated "...eliminating restrictions on executive compensation, which could have adversely impacted certain of our strategic growth initiatives.."
Over 2 years later, I'm looking back and scratching my head. What growth?
Number of branches have decreased, and last quarter it was reported that, in fact, both total deposits and total assets both decreased Y/Y.
As both did again this quarter.
Please correct me if I'm wrong.