This deal is now totally dependent on BHB stock price. Hopefully BHB will move back to its' high of about 38-that will value LSBG at about 19. Overall I think it's a great deal-time will tell.
Sentiment: Strong Buy
Buying back debt at steep discount is a really good move- earnings are looking better-great locations. Highly undervalued and overlooked stock that should be selling at 2 to 3 points higher.
These small banks are doing much better than the big ones. Nobody seems to take notice.