When looking at their latest 10Q they show 49M NPA's in Florida and 67M NPA's in Alabama with 35M OREO. I would rather have NPA's in Alabama than Florida. With 265M total capital this is a very manageable level since majority in Alabama. I'm sure NPA's will increase over the next couple of quarters with most banks. On the increase of shares from 20M to 200M they said last week in the Birmingham newspaper they would only use a portion to sell at this time. In my opinion, book value at $15.74 this bank should trade more in the $8 range.