This stock I have been following for awhile, $23 down to 7 today, after taking the $4 million hit, the book value is $21 a share. I do not know why they lowered the dividend by half, with that much capital?

Having said that, they have weathered the storm better than most banks, and will be profitable in the near future again.

I hope they raise the dividend sooner than later and grow the bank at a fast rate going forward( note, increase in deposits and assests).

Is anyone else long this name?

Good luck to the longs, I just think on a book basis this is one of the cheapest names out there.