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The banks operated under burberry the name CertusBank, and the headquarters moved to Greenville.The bank opened a retail branch in Charlotte in 2012 and bought Myers Park Mortgage Inc.CertusBank lost $19.9 million in 2012 and $64.3 million last year, according to federal filings.Earlier this year, shareholders began complaining about the ongoing losses and what they perceived to be questionable spending.The letter from Weinger cited more than $350,000 spent on private jet flights, $300,000 on sporting events, $100,000 on private club memberships and luxury vacation expenses, $1.5 million on three corporate condos and $30 million to upfit the bank new headquarters.
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That can be misleading when you look out there and you see shoreline that wasn there, and see boulders that weren there last year but there are parts of Lake Travis that are more than 100 feet deep. So don get fooled that an empty lake there is still a lot of water there," said Tuma.
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