Some propositions

US commercial bank
asking price - $25M
Net Income    - $2M

PRICE  $5MM - $7.5MM

State chartered depository bank with Fannie Mae mortgage delivery; loan servicing retained. 
-Mortage banking/lending affilate
-No past nor current toxic mortgage loans
-Never engaged in subprime lending
-All ratios and capital reserves are in line with no problems from any State nor Federal Agency
-Profitable and have been over the past 3 to 5 years
-May consider merger with the right party
-Right party must have capital with strong banking background (mortgage, SBA, USDA and, or consumer lending)