Replies to post #57 on Sortis Holdings Inc. (SOHI)

[illegal_alias]

Check your PM mailbox for important message.

[illegal_alias]

MBNC ttm earnings thru 2014 Q1. Based on their shareholder newsletters, it is approximately $0.20/share allowing for rounding error.

Q2 2013 - $322K or .03/share
Q3 2013 - $614K or .06
Q4 2013 - $677K or .06
Q1 2014 - $453K or .04
ttm - $2.066M or .20/share

The PE for regional Pacific banks is 19.8 (http://biz.yahoo.com/ic/416.html), so MBNC should be trading at $3.96. Even though they report to the FDIC, I think the PPS is held down since they do not report thru the SEC. They were last ay $4 in 2008 and stopped reporting after Sept 2008.