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Local bank stock investment
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Minuteman Farmer
Posted 1/18/2021 10:03 (#8760964)
Subject: Local bank stock investment


From time to time shares of a privately held local bank come up for sale. I currently don't own any so don't have access to any shareholder info.

When there is a sale, usually an estate closing out via sealed bids, bank publishes a statement of basic financial info based at time of previous sale.

That all looks good, very reputable, been around a very long time.

Local bank stocks good to own? Good way to diversify? Local banks do ok in this environment or what may lie ahead with recession/inflation?

Thanks.
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