Mr. Reilly: We're celebrating our tenth year in business. We were a "de novo" formed in 1999 with a very strict focus on providing high-quality commercial banking services on both sides of the balance sheet. We've stuck to that and have grown from a concept on a piece of paper to about a 550 million organization. We have worked very hard over these formative years to build a solid foundation, and developed a very strong reputation and image as a good competitor in the commercial banking landscape in southern New Hampshire.
TWST: What do you see as the key trends or issues that regional banks face today? How are you adapting your strategies and goals over the next two years based on those trends?
Mr. Reilly: I think, given the dislocation that has taken place in the market over the last 12 to 18 months for many if not all of our national competitors, regional and community-based banks have been able to take advantage of that development. Specifically, we have been net benefactors on both the depository and lending side, as very attractive borrowers have not been appropriately managed by some of our larger competitors. I see that trend continuing for the foreseeable future, as national banks maintain their internal focus.
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