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00:00Base severity continues to operate at a tier one leverage ratio of 11.2 percent.
00:05Uh, hold on. Excuse me, Mr. Wattel. Just one moment.
00:15What's going on? Let's find out.
00:17Mr. Commissioner, is there something we can clarify?
00:21Um, yes. Can you give us the address of the proposed Scottsdale branch again?
00:26Certainly. It's 1216 Rosella Drive, Scottsdale, Arizona, 85262.
00:311216. Okay. Because the application I'm looking at today clearly gives the address as 1216.
00:381216. That's correct, sir.
00:40But in the original submission, we're seeing 1261 Rosella Drive.
00:45It is 1261.
00:471261.
00:48I think if you double check, you'll see that 1216 is correct.
00:52There seem to be two different addresses here.
00:54Mr. Commissioner, I have a copy of our Notice of Intent, which was published in newspapers in Arizona and New Mexico.
01:00It clearly states the address is 1261 Rosella Drive.
01:03Mr. Commissioner, if...
01:041261 Rosella Drive.
01:07Yes, I have a copy of the Notice of Intent, too.
01:10But on the actual filing, the address reads 1216.
01:15So, which is it?
01:17Mr. Commissioner, if I may confer with my clients?
01:21Certainly. Please.
01:23It's absolutely 1261.
01:26You are mistaken. And with all due respect, you're muddying the waters here.
01:31Muddying the waters?
01:33Look. Just look.
01:35Well, this is clearly an error.
01:38It's 1261. I know where my own damn bank is.
01:42Let's just all calm down. I'm sure we can straighten this time.
01:45I've got a billiard remodel at 1261 Rosella.
01:48I don't know where the hell 1216 is.
01:50I... I don't quite understand.
01:521261.
01:541261.
01:55Is this gonna be a problem?
01:56Because I'm sure it won't be.
01:58Um, Mr. Commissioner, I apologize.
02:02Unaccountably, there appears to be a discrepancy in our filing.
02:07So, the correct address is the one that appeared in the Notice of Intent, the 1261?
02:11It would seem so.
02:13Uh, it... we'd like to request a, um, an adjournment of just a few minutes so that we can amend the filing to reflect the correct address.
02:22Well, I-I can give you an adjournment, uh, uh, but, uh, uh, I don't think we can get you back in today.
02:32If I may, when do you think you might be able to schedule us?
02:36I'm being told by staff that they've already done the research for 1216 Rosella Drive.
02:41Uh, our folks are going to have to go back to square one on the new address.
02:45If we-we could obtain a provisional agreement today to allow the-the branch to open a meeting...
02:51No, no. All due respect, it's up to you folks to submit accurate paperwork.
02:56Maybe next time double check.
02:58Now, uh, the soonest we could revisit this matter, well, it-it looks like, uh, six weeks from Friday.
03:07We-we can't wait six weeks.
03:11Mr. Commissioner, Mesa Verde has put effort and resources into preparing this branch to open immediately,
03:19however unusual, uh, provisional, uh, approval would be most appreciated, most welcome.
03:25Time being of the essence-
03:26Charles, I'm sorry. I'll see you in six weeks.
03:29That closes the matter for today.
03:31Will staff please note that Mesa voting will-
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