A quote from John Hope III CEO on the News releases today:...............“We seem to have found the bottom,” Hope said.

Hope said the bank is dealing with its problem loans “one loan at a time” and is cautiously optimistic that the market is turning. In August and September, Whitney sold as many bank-owned properties as it foreclosed on and buyers were paying prices close to current market values.

This is a very positive sign from this Bank, establishing a Tampa Bay region corporate headquarters, ...NOLA should not be the center going forward, that all is beginning to shift, good for Whitney and good for shareholders.

Da_Bid is on top of this Bank's progress!