10 bagger: FRGB earnings were very impressive. Congratulations on all your successes in the banking sector. I'm interested in knowing to what extent low mortgage rates and the strong housing sector have boosted small bank earnings ? Is the strong earnings growth going to continue, or do you expect it to level off soon ?
In the earnings PR for FRGB, the CEO states ....
"Among the factors positively impacting our results is First Regional's continued growth, particularly in California's strong real estate sector that represents an important pillar of our business base.
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