Finding loans for an increasing deposit base is something that most regional banks have been struggling with lately but, over at Union First Market Bankshares (NASDAQ:UBSH), that doesn't appear to be a problem. In fact, UBSH doesn't appear to have too many problems as nonaccrual levels have improved, expense items are under control and share repurchases are on the way. Before getting too much into the details, this is exactly why I think UBSH's recent announcement to acquire StellarOne Corp (NASDAQ:STEL) gives UBSH's capable management capacity for new business and raw material to mold into future returns at just the right time.
UBSH (all graphs in thousands of dollars)
(click to enlarge)
To begin, UBSH is...
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