Click this link to read the article in “The Street”. List of 155 banks that are still under-capitalized.
If you have an update on anything happening with the bank that should be posted, please add it here as a comment. I hope to hear sometime that there has been a significant amount of capital raised in order to keep the bank afloat. I’m not sure how much that needs to be.
I want to take a moment to thank everyone who participated on this site. I believe everyone supported the idea of keeping the bank as a going concern, even if we disagreed on the best way to accomplish that. I especially appreciate anyone who participated in the voting, whether for or against, as that is the truest measure of involvement, interest, and caring. The status quo won the day and I wish them well. I hope for the best for the bank.