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56Chevy

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56Chevy

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Re: None

Tuesday, 02/19/2013 5:56:25 PM

Tuesday, February 19, 2013 5:56:25 PM

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HOW HEALTHY IS THIS BANK? Not very...still in intensive care.

$260MM in assets

Profit as of Sept 2012 was still a negative -$2.4MM

Gaining but still under-capitalized by approx $5MM +

The bank is gaining on getting rid of toxic assets..but the question is - will it be done quick enough to escape the regulators grip.

The bank still owes TARP $8.7MM...ouch.

http://banktracker.investigativereportingworkshop.org/banks/california/san-mateo/united-american-bank/

*I do not own shares of UABK...pps as of 2/19/2013 was .30












Learn something new every time you invest...and take it with you to the next opportunity.

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