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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (25031)	10/17/2006 2:35:48 AM
From: Spekulatius	Read Replies (1) \| Respond to of 78744

re FCCY - good comment EKS. FCCY indeed has a substantial amount of commercial RE loans outstanding. This could bite if underwriting is lax. So far i think they have done a good job in avoiding landmines. www3.fdic.gov Amboy National appears to have a bunch of risky loans as evident by the high interest rates and showed already a substantial rise in nonaccrual loans on it's 6/30/06 earnings report. but I agree that FCCY may be riskier than some other community banks i mentioned.