Well it certainly looks like their asset quality, although dismal, is improving. Sept assets of $891m x 6.82%=$60.8m vs.June assets of $943m x 6.79%=$64.0m. That is still a huge problem but it has improved. I still think that the company is underreserved.
Shrinking the bank is a great way to improve capital ratios.
Sure hope they are not forced to raise additional capital.
Hang in there fellow investors.