FSBS has always made me wonder. I don't know why but I still have a feeling that this bank is going to "live". I guess I could be thinking that because Barry Slider, the CEO, was the driving force in the creation of this bank and still, to my knowledge, has money as well as a large part of his life tied up in it. I realize that means nothing to the regulators at the FDIC or anyone looking for objective data so they can judge whether the bank is a reasonable bet or not but I do think it counts. It seems to me that if one is truly committed to reaching a goal and pours a life's effort into attaining that goal, then by hook or crook that goal will at some point be in his grasp. Now after this little "stump speech", I bet First South is closed come Friday.
When I attended the shareholders meeting in May 2013 I think it was, I told Barry that the one branch I was worried about was the one on Main Street in Columbia SC. He asked why so I told him "I'm worried because it's probably less than 200 yards from the State House and I think the politicians are probably planning a raid on the vault as we speak." I guess he got worried about that too.
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