PREVIOUS STORY:KNOXVILLE – Could Phillip Fulmer be the next Tennessee athletic director? Fans have talked about it for years, and the former coach has admitted in the past he might be interested, so could it really happen? ESPN’s Chris Low , a WBIR contributor, says according to sources, the answer is yes. Low calls Fulmera “prime candidate” to replace Dave Hart, whowill retire at the end of June. Fulmer would not confirm that to Low, but told him that, “I want what is best for UT.” The now 66 year old Fulmer spent more than three decades in Big Orange, as a player and coach. He was fired in 2008 after going 5-7. The previous year, the Volstied for their last SEC East championship. His overall record as head coach at UT was 15252, with a national championship in 1998. Fulmer, who never took another coaching job, has remained in Knoxville and still has close ties to the university and community.
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Our forecast for 2016 net to common for Comerica was $475 and we wound up with $473. Costs and loan loss provisions (LLP) were a little higher while the tax rate was slightly lower. Good enough. Deposit and loan volumes, like other Texas based banks, were subdued in the quarter and have been for a while. http://carterriveraspace.rachelstevens.us/2017/01/21/some-updated-ideas-on-systems-in-interviewCMA has been actively reducing its energy loan portfolio, which has offset modest growth elsewhere in the book. medical office interview attireThe bank has been able to grow net interest income reasonably well thanks to an expansion of non-loan assets and a slight step up in net interest margin. NIM for 4Q ’16 over average assets was 2.53%, up from 2.42% in 4Q’15 and 2.38% in 4Q ’16. This is a 6% improvement in NIM through the last seven quarters and is augmented by 2% asset growth. Net interest income has grown 5% YoY for 4Q’16 and 6.3% YoY. The main implication of this is that CMA has reasonable momentum in NII going into what should be a stronger rate environment. CEO Ralph Babb commented on the NIM development and attributed it to the rate hikes that have occurred.
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