Initial Reports on 28 Southeast nano- and micro-cap banks.
BankVault Research (BVR) is continuing to publish a series of concise, data-driven write-ups on our coverage universe. Each report is designed to give you a clear, independent view of these companies' recent performance and where they're headed from here. Each company write-up will include a company description, discussion of recent results, and a model with EPS and tangible book projections and is available to paid subscribers. This grouping is focused on the Northeast as defined by the Bureau of Labor Statistics (AL, FL, GA, KY, MS, NC, SC, and TN) and includes the following companies: Affinity Bancshares, Inc. (AFBI), Community Capital Bancshares, Inc. (ALBY), Auburn National Bancorporation, Inc. (AUBN), BayFirst Financial Corp. (BAFN), BankFirst Capital Corporation (BFCC), Oak Ridge Financial Services, Inc. (BKOR), Bank of South Carolina Corporation (BKSC), blueharbor bank (BLHK), Citizens Bancorp Investment, Inc. (CBTN), Coastal Carolina Bancshares, Inc. (CCNB), Citizens Holding Company (CIZN), Cullman Bancorp, Inc. (CULL), First Capital Bancshares, Inc. (FCPB), First Farmers and Merchants Corporation (FFMH), First US Bancshares, Inc. (FUSB), InsCorp, Inc. (IBTN), Morris State Bancshares, Inc. (MBLU), Mountain Commerce Bancorp, Inc. (MCBI), M&F Bancorp, Inc. (MFBP), Oakworth Capital Inc. (OAKC), PB Financial Corporation (PBNC), Peoples Bancorp of North Carolina, Inc. (PEBK), Peoples Financial Corporation (PFBX), Southeastern Banking Corporation (SEBC), Triad Business Bank (TBBC), Thomasville Bancshares, Inc. (THVB), Truxton Corporation (TRUX), and Uwharrie Capital Corp (UWHR).