Tim Melvin on Community Banks and Small Caps in Europe, Hong Kong and Japan | S07 E42
Episode publishedPodcast: The Acquirers PodcastThe Acquirers Podcast
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I've got the little livestream icon, which means I think we're live. This is Value After Hours. I'm Tobias Carlisle, joined as always by my cohost, Jake Taylor. He's in London, England. And our special guest today is Tim Melvin. How are you, Tim?
I'm doing fantastic. Down here in Greensboro, North Carolina today. Just did a high speed drive across across the city of Greensboro because I was stuck in a doctor's meeting, and I forgot we did this live. So I thought we can reschedule. We'll do it 02:00. And no. So we made it. So we're here. Thanks for having me. I appreciate it.
Yeah. Good job, Tim.
Killed three pedestrians and Well,
you know, I just my wife just took the keys because I don't know. She said I drive like a Texan. Well, she drove here like a Texan running for the border. So I mean, but we made it.
I love it. Tim, the old friend of mine of ours, you we've we've talked quite a few times over the years. Let's talk community banks. You've got a community bank investor newsletter.
Yeah. And we've been doing that one for a really long time as you know. It's although you you run across other stuff that's interesting. I mean, banks have been my, you know, greatest love since the early nineteen nineties in the aftermath of the S and L crisis. And we just stayed with it. We've turned it very, you know, very quant in nature. We've because I know people that can go on these long esoteric lectures about banks and reserve banking and the SOFR EFFR spread and what's wrong with the banking system and this and then non depository finance. None of it matters all that much. It is a l
us with those numbers.
Hit us with the numbers. Real easy. Capital levels. Okay? We wanna look at equity to assets. We wanna look at CET risk based capital. The higher that number is, the better. I'm addicted to converted thrifts. So, you know, over fifteen and twenty, you know, I will just own that stock and and not part company with it. Because there's at that point, there's the cockroaches, Keith Richards, and that bank left after the apocalypse. Right? So so you want to have that buffer against anything that can go wrong because something's gonna go wrong. Right? Then the other is non performing assets. Right?
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