Oxford Bank Corp. (OXBC)

[56Chevy]

OXBC refresh

MV today was: $7

TBV is: $13.04

P/TBV is: 0.5368% (representing a 46% Discount)

The average for all Michigan bank's P/TBV is: 123.12%

LTM EPS was: $2.61

LTM P/E is: 2.68

The average of all Michigan bank's have a LTM/PE ratio of 10.63

The National average P/E ratio for banks with between $250MM ~ $500MM in assets is: 15.37

NIM for OXBC is: 4.04%

The average NIM for all banks in Michigan is: 3.70%

No TARP

No SBLF

Among all these strengths what is the weakest link in the chain? NPA's are still a little high at 13.40%..they must continue to come down. The average for all bank's Nationally with between $250MM ~ $500M in assets is 3.03%.

*Where else can you buy a solid no non-sense transparent business like this for fifty three cents on the dollar!