RE:RE:Ink ResearchThis is a brief reply to Mr "theSwede99."
I too noted the increase in impaired loans. Without taking the tiem to reread the documents right now, I seem to remember that there is a statement (probably in the current MD&A) to the effect that one sizable loan has gone into nonaccrual status.
My understanding is that accounting rules require that a proper reserve be set aside by reason of each nonaccrual that appears on a bank's balance sheet. The good news (again, per my recollection) is that the MD&A states that the nonaccrual loan is a real-estate loan that is more than adequately collateralized.
You perhaps share my mild discouragement that the share price dipped within the past several days below $7.00. Today, is the first day that we see a bounce above $7.00, and the volume looks good, i.e., over 75,000 shares as of 2 p.m. eastern time. I would not be surprised to see a couple of SEDI filings to the effect that some directors have added.
I hope I have helped.
robert