I've brought a little of HSBK today. Here is what I like.
1) HSBK has significant Loan growth, in fact loans are up 10.4% in 6 months ended, and loan growth is roughly 21% y/y in the last 12 months.
2) Trades at a discount to tangible book as book value is $8.58.
3) Earned .22 in q2, I expect earnings to more like this if not better, going foward in my opinion.
4) Asset quality is very solid.
Conclusion: I like HSBK alot and it has been my favorite earnings report I seen in the small bank space this quarter so far in my opinion. All is jsut my opinion, and I could always be wrong though.
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