Corban Bates

Corban Bates
Contributor since: 2008
Nice article and good find but forget the earnings and income statement. Look at the balance sheet. CFNB is an excellent investment. It's a very well run bank that sells at 90% Tangible book value, has a 35% Tangible Equity to Assets Ratio (insanely high), less than 1% non-performing loans, more than enough loan loss reserves set aside, and solid ROA and ROE numbers. As a bonus the CEO is in his 60s so I believe that increases the possibility of a takeover. I think all of this provides a pretty healthy margin of safety. I bought it a few months ago and plan on holding onto it for a while.
There are literally 50 other banks that are just as good as this one to invest in. Anyone interested can check them out at http://seekingalpha.co...
I've got a excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested.
http://seekingalpha.co...
I've got a excel spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if interested.
http://seekingalpha.co...
I've got a excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if interested.
http://seekingalpha.co...
I've got an excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested.
http://seekingalpha.co...
I've got an excel spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if interested.
http://seekingalpha.co...
I've got an excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if interested.
http://seekingalpha.co...
I have an excel spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in it.
http://seekingalpha.co...
I have an excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in it.
http://seekingalpha.co...
I have an excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog if you're interested.
http://seekingalpha.co...
I have a excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if interested.
http://seekingalpha.co...
I have an excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog.
http://seekingalpha.co...
I have a excel spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below.
http://seekingalpha.co...
I have an excel spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below.
http://seekingalpha.co...
I have a MS excel spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in seeing it.
http://seekingalpha.co...
I have a excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in seeing it.
http://seekingalpha.co...
I have an excel sheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in seeing it.
http://seekingalpha.co...
I have a excel spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in seeing it.
http://seekingalpha.co...
I have an excel spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in seeing it.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in them.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in it.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested in seeing it.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you are interested.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if interested.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog below if you're interested.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. See them at my blog.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. See below.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. See them at my blog below.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out at my blog.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above 1. Check them out below.
http://seekingalpha.co...
I have a spreadsheet that tracks over 500 regional and community banks. There are currently 50 that trade below tangible book value, have an equity to assets ratio above 5%, non-performing loans below 2%, and a loan loss reserves to non-performing loans ratio above one.
http://seekingalpha.co...