Comments for Guzzo the Contrarian http://guzzothecontrarian.com One Man's Quest to Conquer the Markets Sat, 04 Jul 2009 00:50:33 +0000 http://wordpress.org/?v=2.7.1 hourly 1 Comment on Carter Bank & Trust by Mike http://guzzothecontrarian.com/2008/02/03/carter-bank-trust/comment-page-1/#comment-2917 Mike Wed, 01 Jul 2009 15:43:22 +0000 http://rationalspeculation.com/2008/02/03/carter-bank-trust/#comment-2917 Carter Bank & Trust posted a 123 percent increase in first-quarter 2009 after-tax earnings, Worth H. Carter Jr., board chairman and president of Carter Bank & Trust, said at the annual shareholders meeting. <a href="http://www.martinsvillebulletin.com/article.cfm?ID=19436" rel="nofollow">Bank's earnings soar for 1st quarter</a> <blockquote> “We made almost as much as last year in the first five months of this year,” Carter told 43 shareholders and directors at the meeting. The bank also has posted increases in its investments, net loans and deposits through May. In fiscal 2008, Carter Bank had total assets of $2.8 billion, compared with $2.7 billion in fiscal 2007. Its liabilities totaled $2.5 billion in 2008, compared with $2.4 billion in 2007. Net income was $9.7 million or 37 cents per share in 2008, compared with $13.2 million or 53 cents per share in 2007. </blockquote> Carter Bank & Trust posted a 123 percent increase in first-quarter 2009 after-tax earnings, Worth H. Carter Jr., board chairman and president of Carter Bank & Trust, said at the annual shareholders meeting.

Bank’s earnings soar for 1st quarter

“We made almost as much as last year in the first five months of this year,” Carter told 43 shareholders and directors at the meeting. The bank also has posted increases in its investments, net loans and deposits through May.

In fiscal 2008, Carter Bank had total assets of $2.8 billion, compared with $2.7 billion in fiscal 2007. Its liabilities totaled $2.5 billion in 2008, compared with $2.4 billion in 2007. Net income was $9.7 million or 37 cents per share in 2008, compared with $13.2 million or 53 cents per share in 2007.

]]> Comment on Citizens Bancshares Corp. by Guzzo the Contrarian - VantageSouth Bank http://guzzothecontrarian.com/2008/12/03/citizens-bancshares-corp/comment-page-1/#comment-2903 Guzzo the Contrarian - VantageSouth Bank Wed, 01 Jul 2009 03:03:52 +0000 http://guzzothecontrarian.com/?p=2576#comment-2903 [...] I was willing to risk an initial investment in VantageSouth Bank stock, but I’m not sure I’m willing to invest any more of my money. Like the old saying goes “Fool me once, shame on you; fool me twice, shame on me”. There are other small, but profitable community banks where I could invest my savings at lower stock prices (UWHR, MFBP, CZBS). [...] [...] I was willing to risk an initial investment in VantageSouth Bank stock, but I’m not sure I’m willing to invest any more of my money. Like the old saying goes “Fool me once, shame on you; fool me twice, shame on me”. There are other small, but profitable community banks where I could invest my savings at lower stock prices (UWHR, MFBP, CZBS). [...]

]]> Comment on M&F Bancorp, Inc. by Guzzo the Contrarian - VantageSouth Bank http://guzzothecontrarian.com/2009/03/06/mf-bancorp-inc/comment-page-1/#comment-2902 Guzzo the Contrarian - VantageSouth Bank Wed, 01 Jul 2009 03:02:00 +0000 http://guzzothecontrarian.com/?p=4374#comment-2902 [...] small, but profitable community banks where I could invest my savings at lower stock prices (UWHR, MFBP, [...] [...] small, but profitable community banks where I could invest my savings at lower stock prices (UWHR, MFBP, [...]

]]> Comment on Uwharrie Capital Corporation by Guzzo the Contrarian - VantageSouth Bank http://guzzothecontrarian.com/2008/11/18/uwharrie-capital-corporation/comment-page-1/#comment-2901 Guzzo the Contrarian - VantageSouth Bank Wed, 01 Jul 2009 02:58:06 +0000 http://guzzothecontrarian.com/?p=2301#comment-2901 [...] other small, but profitable community banks where I could invest my savings at lower stock prices (UWHR, MFBP, [...] [...] other small, but profitable community banks where I could invest my savings at lower stock prices (UWHR, MFBP, [...]

]]> Comment on Personal Saving Rate Jumps by Trevor @ FN http://guzzothecontrarian.com/2009/06/26/personal-saving-rate-jumps/comment-page-1/#comment-2876 Trevor @ FN Tue, 30 Jun 2009 22:09:02 +0000 http://guzzothecontrarian.com/?p=7353#comment-2876 I've never been a huge advocate of Keynesian economics. That's a school of thought. It's what John Maynard Keynes suggested. Simply an opinion! I tend to agree with Mike. I don't know if over-extended consumers is the answer. I’ve never been a huge advocate of Keynesian economics. That’s a school of thought. It’s what John Maynard Keynes suggested. Simply an opinion!

I tend to agree with Mike. I don’t know if over-extended consumers is the answer.

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