Clearly we want to lend to project and in areas where there is good community support.

Eminent domain has been used historically very judiciously and mostly appropriately in North Carolina and other states. Our opposition is strictly based on our concern about the potential change in direction with eminent domain that...

We’re not trying to use lending for social purposes. This is a long-term economic issue because private-property ownership has helped to make the U.S. economy what it is today.

While we’re certainly optimistic about the pending legislation, this is something we could not wait any longer to address.

It’s not even a fraction of a percent. The dollar amount is insignificant.

It’s a philosophical decision consistent with our values. We think this is just not good public policy.