Regional Banks - Still Too Early

I ran a screen this evening on 555 regional banks.  Surprisingly, despite all the horrible news, wealth destruction and poor stock performance, only 27 are trading below tangible book value. 

These are the tickers.  Most trade by appointment, many are in problem states such as California and Michigan, and I assume most have some problems with their loan books.

ABVA
AMAB
APAB
ASRV
BHBC
BNCC
CAPB
CCBD
CEBK
CFNA
CZBS
DEAR
FBP
FWV
HABC
IBCA
IMP
LION
MBWM
MFNC
MISS
NXTY
OLCB
PSBG
QCRH
SAMB
TAYC

Fortunes will be made buying the bank group at the right time but I think it is still too early.

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