It has been sliding since then, significantly sliding.

Interest rates, to me, matter more than earnings growth, ... The prospect that rates are going up will revalue the whole market.

Interest rates, to me, matter more than earnings growth. The prospect that rates are going up will revalue the whole market.

I'm looking forward to making a lot of calls.

It's a good thing. There are a lot of people who will enjoy signing the agreement and getting the source code, ... But for almost everything I write, it won't affect me much at all.

The board structure among banks is still pretty poor. We're critical of boards that get too big and directors tell us that smaller boards are more effective.

Now kids have such a variety. I've photographed kids with cows, a mule, a horse, cars and even an image of Elvis.

There's not a team in the conference that has 15 sophomores and juniors who have 10 games of varsity experience.

As time goes on, I'll have more contacts,

Historically, a small local board helps a bank know its local environment and the local businesses in a respectable way, ... But the 27 banks in the report were large multi-state or international banks.