Replies to post #23 on Pan Pacific Bank (fka PPFC)

[56Chevy]

- Year-over-year Tangible Book Value increased from $2.94 to $3.56 per share.

Right On!...The PPFC story is getting quite interesting.

Currently Mr. Market has the bank priced at $2.60 and selling at a full 37% discount to TBV.

Highlights in the 1st Qtr are very positive...their NIM is over 4% ...they're adding a new branch office. Perhaps for the first time since the bank was formed in 2005 management and the BoD has a reason to be excited. All lights are green. Good for them ..it's been a long tough battle!

PPFC just moved up to the front burner... and the best news is it's On Sale!

Marker:
Pan Pacific Bank (fr (PPFC)
$2.60 up 0.1 (4.00%)
Volume: 8,100