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FNBC : 52 Week Low - Crushed 1/31/17 - Thoughts?

Posted on 1/31/17 at 10:20 pm
Posted by bossflossjr
The Great State of Louisiana
Member since Sep 2005
12260 posts
Posted on 1/31/17 at 10:20 pm
I know nothing about this NOLA bank other than the web chatter. Thoughts on this group?
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6139 posts
Posted on 1/31/17 at 11:00 pm to
LINK /
This post was edited on 1/31/17 at 11:02 pm
Posted by Tiger4Ever
Member since Aug 2003
36702 posts
Posted on 2/1/17 at 8:03 pm to
$86mm in provision expense in 4th qtr not good. Further fair market adjustment that is material coming to the DTAs...not good.

Nothing is good.
Posted by GeauxTigers1983
Ponchatoula
Member since Sep 2015
560 posts
Posted on 2/1/17 at 8:14 pm to
They are bleeding money and can't seem how to stop it. They are gonna get shut down by the FDIC or have to sell out if they can find a buyer. I give them another 3 months at this rate. Sad at how this bank has been managed.
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