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Re: 56Chevy post# 9

Wednesday, 03/29/2017 4:13:38 PM

Wednesday, March 29, 2017 4:13:38 PM

Post# of 21
UBPR Report for Dec. 31, 2016

Net Operating Income for the year was $3.245M.. which is up an admirable 26% from the previous year.

Considering this bank's net operating income for 2012 & 2013 was a combined loss of -$7M this shows significant and steady material improvements YoY.

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=101%2c86%2c81%2c76%2c72&rptid=283&idrssd=3161144&peerGroupType=&supplemental=

*This recent RS will send most retail investors for the fire exits...but I view {the RS] as a good move. This bank can now be held by institutional investors. This RS was the final "fix" needed to get this bank back in good standing with Wall St. Their financial improvements won't go un-noticed. Consolidation may be in their future as well.

Marker post 1:50 reverse split enacted 5 days ago is:

United American Bank (UABKD)
$16.00 0.0 (0.00%)
Volume: 3

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