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norweger1979

04/14/15 10:03 AM

#47 RE: norweger1979 #45

regarding the following statement from the 2013 annual report

"also, 2013 annual report "letter to shareholders" notes, "the Bank also expects to be able to recapture the remaining portion of its Deferred Tax Asset (DTA) totaling approximately $6.3 million by Dec. 31, 2014, which will increase the book value per share of stock to over $20.00 per share. "


there is a $6,340,000 tax credit showing up in the 12/31/2014 call report posted 1/29/2015. (listed in the Income Statement)
https://cdr.ffiec.gov/Public/ViewFacsimileDirect.aspx?ds=call&idType=fdiccert&id=9719&date=12312014

expect OXBC 2014 annual report to state these important achievements of compliance with regulatory capital levels again and the improved book value.