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Mike Higgins's avatar

Soren -- Great write-up. Sad I could not make the event this year but share your enthusiasm for it as the Philadelphia symposium far exceeded my expectations. Building on your incremental growth comments, I have a 23-year relationship with a community bank that has consistently produced a 90th percentile ROA using that same approach. They average 7-8% asset and earnings growth with a low standard deviation. The most "boring" group of bankers producing the most "exciting" returns!

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Soren Peterson's avatar

Mike, you were missed at this year's symposium, hope to see you at the next one. I couldn't agree more, those who try to be too fancy and exciting often get themselves into trouble.

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