Be happy FMER is being cautious. Cross your fingers that they don't buy anything in this market. For two reasons, the Ohio and contguous markets stink, and secondly, FMER has a terrible record of assimilating banks. Their prior purchases ruined their earnings for almost ten years. Just because they have a new, and inexperienced CEO, the underlying machinery is pretty much the same i.e., they have virtually no acquistion expertise. As for Mr Cramer, here's a guy who thinks a $10 Billion community bank that hasn't grown a whit in over ten years is somehow going to become a regional superstar by gobbling up banks that are 20 times their size. Doesn't make sense. This bank needs to think more about being acquired than acquiring, stay as far from commercial lending as possible (their achilles heel), and stick to thier rather modest knitting which may someday allow them to become a good performing bank.