WASHINGTON – Community bankers hoping that a Republican landslide at the election box this week would ease their regulatory burden are now reassessing their profit prospects – and independence.

"A lot of people had hopes that [Mitt] Romney would unleash some of the animal spirits in the economy," said John Corbett, president and chief executive of $2.4 billion-asset CenterState Bank of Florida in Winter Haven. "Now, there's more certainty of the status quo which is slow growth, low interest rates and big government."

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