Gollum

What Does Jim Cramer See in Commerce Bancorp?

You say that nearly 85% of the CBH portfolio of MBS has a maturity of five years or more, above the peer mean of 61% and adding considerable duration risk to the bank's balance sheet, though you don't say where you derived those numbers.

CBH's 3/31/07 10-Q reports:

Available for Sale Held to Maturity
Duration (in years) 2.86 3.47

Average life (in years) 4.99 5.18

Are your figures consistent with CBH's?