For the most part, a lot of the regional bank recovery is over. Share prices are up, and companies have started to position themselves for higher rates and new capital requirements. The numbers they try to hit are guided by regulations, but it is still up to each management team to decide how much cushion they want to build up in reserves, as well as the level of assets they feel comfortable allowing equity to support. Each team has a different number in mind, and the current level helps investors get an idea of what the bank is willing to work with.
I bring this up because Exchange Bank (OTCPK:EXSR) has been working to re-load its equity account...
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