Home > Boards > US OTC > Banking and Finance > Cecil Bancorp Inc. (CECL)

Actually, if you do some digging through the public

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Dejake1 Member Profile
 
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Dejake1   Monday, 08/15/16 11:54:07 AM
Re: 56Chevy post# 22
Post # of 32 
Actually, if you do some digging through the public
bank records, Cecil Bank has drastically cut its quarterly
loss since this time last year. For example, in the June 30, 2015
call report I believe they show a 1.3M net loss for Q2

Flash forward to the first quarter of this year and the loss was
reduced to approx 400K. Now the latest report shows a loss
Of just over 200K for Q2 2016.

Hopefully that's a trend. If so, this low stock price
will be a gift going forward.

Seems like a great turnaround team in place too.

IMHO



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