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  • sbolc69 sbolc69 Aug 12, 2010 6:00 PM Flag

    Shrinking Asset Base = Trouble

    Your exactly right. I spoke to a current manager I used to work with last week. She said they are averaging $125k in loans a month, down from $400k when I worked their 2 years ago. She said the focus is not on loans right now, but they have to get business deposits. The runoff from the typical branch is north of $200k a month. $125 guarantees shrinking assets.

38.835-0.125(-0.32%)11:50 AMEDT