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Re: 56Chevy post# 9

Friday, 03/28/2014 6:32:53 PM

Friday, March 28, 2014 6:32:53 PM

Post# of 36

As of June 30, 2013 the O/S was 6,243,688
Shareholder equity was $18.7MM

Book Value = $2.999669426147 or $3

Market Value currently $1.10

This bank is selling at a very healthy 63% discount to BV

Updated Information:

As of Nov. 6th, 2013 the O/S count stands at 10,781,988

On Dec. 31, 2013 shareholder equity was $21.673MM

Book Value = $2.01

Market Value currently $1.11

The bank is selling at a 45% discount to Book Value.

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=76%2c72%2c67%2c63%2c58&rptid=283&idrssd=2253725&peerGroupType=&supplemental=

*The losses continued at a heavy pace in 2013 however non-performaing assets have dramatically declined and deposits have grown.

http://banktracker.investigativereportingworkshop.org/banks/illinois/glen-ellyn/community-bank-wheatonglen-ellyn/

*This remains to be a good bank to build a stake on while the pps is still at a steep discount to BV.

Marker:
Community Financial (CFIS)
$1.11 down -0.04 (-3.48%)
Volume: 688









The most common mistake on Ihub involving a bankruptcy is for an equityholder to award himself the full rights and privileges of a creditor.

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