Replies to post #22 on Cecil Bancorp Inc (fka CECL)

[Dejake1]

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

[56Chevy]

Assets down by $64MM
Deposits down by $57MM
Loans down by $36MM
Capital down by $3.7MM
...and a whopping 20% of all Assets are troubled.

The only positive note is Net Income at the holding company level was positive by a mediocre $3K. That was the first time in several years they didn't post a quarterly loss.

https://cdr.ffiec.gov/public/Reports/UbprReport.aspx?rptCycleIds=95%2c85%2c86%2c81%2c76&rptid=283&idrssd=813572&peerGroupType=&supplemental=

The bank continues to be in distress.

FD: I hold no shares at this time.

Marker:
Cecil Bancorp, Inc. (CECB)
0.26 0.0 (0.00%)
Volume: 0

*pps may be up YoY however it was done on little to no volume. Book value remains negative.