Welcome, and you're welcome Salty! I thought it might be a good idea... So as you can see, I took action,

www.CIBMarine.com

www.MarineBank.com

www.CentralIllinoisBank.com

Letter to Shareholders, March 7th 2013

Concluding Comments

Our results in the fourth quarter of 2012 extend the progress that we reported for the full year of 2011 and for the first three quarters of 2012. We continue to see positive results from our customer initiatives in both our commercial and retail businesses and our bankers are beginning to overcome the loss of earning assets we have experienced as a result of our aggressive work to resolve problem assets.

An important part of our turnaround has been our effort toward revitalizing our retail business. Consequently, in 2013 we will be relocating our bank branches in Wauwatosa, Wisconsin and Indianapolis, Indiana to more modern and visible locations nearby. We also decided to close our Sidney, Illinois branch bank and serve our clients from the community at our Urbana, Illinois location. These changes will all be completed prior to the close of the second quarter of 2013. During the year we also began to enhance our electronic banking capabilities. In the first half of this year, we will introduce new mobile banking capabilities that will serve both our corporate and retail clients. We have also managed a steady improvement in our residential mortgage business, both in first and second mortgages. Our lending in this category has significantly eclipsed the volumes of business we were able to develop in each of the past several years.


http://cibmarine.com/financial_info/documents/Shareholder%20Letter%2012%2031%2012.pdf

CIB Marine Announces 2012 Financial Results

Company Reports Earning of $1.4 Million for the year 2012

Earning Per Share of Common stock was $.08 for the year ending Decmember 31st 2012

http://cibmarine.com/financial_info/documents/Earnings%20Release%2012%2031%2012.pdf

CIBM Bank Consent Order Released (OTCQB: CIBH)

"The removal of the Order is an important milestone for CIBM Bank, which reflects our improved performance over the last several quarters and our team's dedication to improving its capital position, asset quality and profitability. I am thankful for the hard work of our staff and continued support of our clients," said Charles Ponicki, President and CEO.

http://www.marketwire.com/press-release/cibm-bank-consent-order-released-otcqb-cibh-1770900.htm

Yeah, and they seem to be close to turning a profit...

Or

Maybe they are turning a profit?

I had a feeling this would happen, but not this quick...

Damn, this thing grew some wings the last couple days!
I'm glad I picked up as many shares as I did but also wish I grabbed more... As usual. Haha

Yes, everyone seemed very positive about going forward and there was talk of new commercial deals in all 3 markets.

Charles Ponicki even stated that a lot of "Blood sweat and tears have gone into where they're at now."

You always have to remember that first quarter earnings are weighed down by taxes. I'm confident that second quarter and continuing forward this year the earnings will increase significantly, that's just me though.

'Chuck' even added that he was pleased to see the recent increase in share value and that the only way to sustain this increase in value going forward is to continue to improve on their profitable position. Of course those aren't exact words but I think it's pretty close. Haha

2013 Shareholder Meeting
http://www.cibmarine.com/documents/2013_Presentation_FINAL.pdf

Yes Sir, it's well put together.
Here's the Link:
http://www.cibmarine.com/documents/2013_Presentation_FINAL.pdf

It was a meeting drenched with a positive vibe. There wasn't anything mind blowing that we didn't already know. They've been diligent in providing their shareholders with any new changes they plan on making despite their de-registration.

Started Right On Time.

30 Minutes til' the Meeting!

If you are unable to attend the Annual Meeting in person, you may listen to the meeting by teleconference. In order to access the teleconference of the meeting, please dial (888) 455-2260 (domestic) and provide Conference ID #7741376 to the greeter.

I was just messin' with ya Rocks. I don't think any shareholder in CIBH would be upset if big money came along and soaked up a bunch of shares. In fact I'm pretty sure they'd welcome it 100%.

I would have attempted to do the same today and tomorrow but unfortunately I used all my fire power for other investments today before the fishy smell entered the building.

You mean we're not considered big money Rocks? Haha

I thought I smelled fish too when I saw that transaction.
Good to hear from ya Rocks!
Have safe travels...
I wanted to attend the meeting but was unable to unfortunately.
How do we enter via conference call tomorrow?

Shareholder Meeting Tomorrow. Anyone Submitting Questions?

Someone grabbed a bucket full of CIBH all the way to .40. Strange how that worked... The .40's don't show up on any charts really. It just simply states that .40 was printed. Ugh, Craziness.

Good to know that others are interested.

As did I Sir, as did I.
Would be nice to see it appreciate before our eyes.
32,500 in volume today. All You?

I think so too.

Added some more BCAR today!

I haven't been here Long but I continue to add to my position. Added a bit more today!

Yeah, Ya never know.
I grabbed a few cheapies.

Understood. Just a little action is all.
You have to admit progress on behalf of the bank though. They had a decent capital raise and they went from a loss of 5mil to a loss of 2mil from 2011 to 2012.

Thanks for the explanation. I definitely see why you're hesitant to grab a few.
I think the main reason I find this one attractive is simply the price. If I can grab a few shares under .10 with the chance of a turnaround, I'm willing to take that risk. It seems as if a turnaround in share price may be brewing based on the last two trading days. Only a few transactions but it's a start.

They're getting there huh? :)

Little bit of action here the last couple of trading days.

10K taken at .05 and .06 Friday and Today respectively... Even a little love tap at a dime today.
Interesting...

I received my proxy a few days ago via an email from Scotty.

Hahaha That bad eh?

Thanks for the heads up! Added to my watch list...

I've looked at this one in the past...

What about going 'dark', 'private' or 'deregistering' makes you so apprehensive to invest?
On the positive side of things it can save a bank on the brink of going belly up to save a couple hundred thousand dollars and inch them closer to good financial standing or even profitability. If BCAR were to Deregister what kind of effect do you think that would have on share price?

Welp, they would be turning a profit if it weren't for preferred stock dividends... What's that, 3 quarters in a row where a gain turned into a loss due to preferred stock dividends? This must be frustrating to shareholders... It's on my watch list now as it continues to drop.

Did ya?

Salud!

I picked up a few more shares of ROX today...

Anyone want to contact Scott Gibson, CEO of Syringa Bancorp?

Excerpt from letter: "If you have ques- tions or interest in purchasing shares of Syringa Bancorp, please contact me directly".

It also states on the same web page: OTC BB, SGBP

https://syringabank.com/files/shareholder_newsletter_2011_05.pdf

May 2011

Message From Our President Dear Shareholders,
We continue to make progress in our capital raising efforts with $1.7 million in executed offering subscriptions and another $9.0 million held in escrow toward the purchase of assets and common stock separate from the offering. All $10.7 million currently held in escrow has come from local Idaho investors, which includes 100% board of director and executive officer participation.
The capital offering is scheduled to expire on September 15, 2011 and we have a need for $4.8 million in additional investment to reach our goal. Successfully enhancing capital levels will positively impact each of our four key performance metrics. Not only will new capital increase our regulatory capital levels, but additional capital will reduce our classified assets ratio, contribute directly to higher earnings, and further improve our liquidity position. If you have ques- tions or interest in purchasing shares of Syringa Bancorp, please contact me directly.
Although the last few years have presented challenges, we remain focused, excited and confident that we will emerge from these trou- bled economic times stronger and better positioned to take advan- tage of the economic opportunities ahead in the great state of Idaho. The Syringa Bank team is passionately committed to our vision, val- ues, and the ability to provide all customers an extraordinary banking experience.
Enclosed you will find Syringa Bancorp’s financial statements for the first quarter of 2011.
As always, we appreciate shareholder feedback. Thank you for your continued support.
Scott Gibson
President and Chief Executive Officer