Seacoast Banking Corporation of Florida (SBCF)

SBCF » Topics » Is there anything to read into that? Is it a timing issue or are there fewer approvals or…

This excerpt taken from the SBCF 8-K filed Apr 29, 2009.

Is there anything to read into that? Is it a timing issue or are there fewer approvals or…


Dennis S. Hudson III:

No, just timing.  We've had a growing application pipeline.  We think it's probably almost at a record level right now. There are no particular issues.  We've really tried, with respect to refis, to work upfront with the borrower and get right at the loan-to-value issues, if they are there, and help them determine whether they want to apply.  So we think it's a pretty clean application pipeline.  


William R. Hahl:

Things take longer now. It's not a week's worth of time before you can get an application processed and get a closing.  It's a much longer process going through the appraisal, that type of thing, than it has been in the past.  


Mac Hodgson:

Okay, thanks. That's it for me.  Appreciate it.


Operator:

Our next question comes from Ben Harvey from Stephens Incorporated.  Please go ahead.


Ben Harvey:

Good morning.


Dennis S. Hudson III:

Good morning.


Ben Harvey:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki