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Beyond Cyrano de Bergerac’s nose — the real man behind the swashbuckling hero

THERE’s something quite striking missing in Peter Dinklage’s performance of Cyrano de Bergerac. In the upcoming musical film, Cyrano is missing his iconic large nose.

Cyrano’s nose has been integral to popular images of the character ever since Edmond Rostand’s swashbuckling 1897 verse drama Cyrano de Bergerac. This connection became even more so after Gérard Depardieu’s take on the role in 1990.

In every iteration of Cyrano’s tale till now, his large nose causes him trouble and affects how people perceive him. In the new film, Dinklage’s form of dwarfism, called achondroplasia, as one critic wrote, “serves the same purpose the character’s oversize schnoz originally did, lending Cyrano an outsider quality that he must overcompensate for in personality.”

Cyrano is a witty wordsmith and staggeringly proficient swordsman, able to defeat his opponents with both verbal and physical deftness. For instance, in one scene in the Depardieu film, Cyrano duels and vanquishes a vicomte who insults his nose. He does this while improvising an elaborately complex poem called a ballade.

Despite such prowess, his looks limit him. Secretly in love with his dazzling cousin Roxane, Cyrano is held back by shame at his physical appearance. He can only find selfless, vicarious satisfaction by feeding lines of passionate poetry to his rival-cum-alter-ego, the handsome but ineloquent hero Christian, who wins Roxane’s heart.

In each new retelling of the story of Cyrano we see the fragile romantic hero tormented by his own perceived lack — it is easy to forget that another Cyrano lurked still further in the background: the real-life playwright, satirist, novelist, and duellist Savinien Cyrano de Bergerac (1619-55). Because of his taste for bluster and grandiose self-mythologization, we know relatively little for certain about the historical Cyrano.

As a young man, the real Cyrano was taught by the idiosyncratic polymath Pierre Gassendi and mixed in free-thinking “libertine” circles. He was known to spend time with writers such as Paul Scarron and Tristan l’Hermite. It’s even believed that perhaps at the fringes of these circles was the great comic playwright Molière.

In his short life, Cyrano proved himself to be a talented and adaptable writer. He never settled down to one genre for long (tragedy, comedy, letters, fiction and more) but maintained a strong intellectually satirical vein throughout. The impressive verbal ingenuity we see in Rostand’s play is also reflected in Cyrano’s various writings, perhaps most cruelly in his witty fat-shaming of the actor known as Montfleury.

The real Cyrano was very adept at self-construction and even self-mythologization. As a young soldier, he fostered rumors that he had routed 100 attackers at once. He claimed some symbolic kinship to classical heroes and warriors by styling himself “Hercule” de Bergerac. Unsurprisingly, both these elements find their way into Rostand’s play.

While the persona Cyrano adopts for himself as protagonist and narrator of his philosophical novel L’Autre monde is somewhat more modest and cryptic (the name of its hero “Dyrcona,” a near-anagram for Cyrano). The first-person, pseudo-autobiographical fiction he spins here is even more outlandish. In this tale of adventure and daring, he claims to have traveled through outer space to visit the Moon and the Sun and to have conversed with the curious inhabitants of both.

As well as inspiring a scene in Rostand’s play, the novel also anticipates the various philosophical travel narratives of Montesquieu, Jonathan Swift, and Voltaire in the following century. Indeed, Dyrcona’s discussions with his various otherworldly interlocutors cover a range of theological, scientific, political, philosophical, and “libertine” topics — from theories of atomism to Biblical accuracy, from cannibalistic orgies to the existence of God. Knowing that the text was philosophically and theologically contentious, he did not publish the work during his lifetime. It was published in a heavily sanitized version entitled Histoire comique (Comical Story) in 1657.

L’Autre monde remains Cyrano’s most popular work and has various quirks to interest the modern reader. Among other things, the novel anticipates caravans (some moon-dwellers own mobile houses) and audiobooks (small boxes which read chapters out loud). Some of Cyrano’s other fabrications are rather more fantastic: hunting weapons that simultaneously cook the game they shoot, intercontinental flight with the help of bottles of evaporating dew, musical communication, and poetry as a means of currency.

One of the most suggestive moments of the novel for many comes when the moon-dwellers explain how a large nose is the marker of someone “spiritual, courtly, affable, noble-minded, [and] liberal.” This leads us back to Cyrano’s actual nose: was it purely Rostand’s invention? Yes and no. Contemporary illustrations of Cyrano show him to be relatively well-endowed nasally but never quite reaching the grotesque extremes we find in Rostand. Even so, in his overall encapsulation of Cyrano’s swagger, ebullience, and creative verve, it is fair to say that Rostand’s depiction was very much on the nose.

 

Joseph Harris is a Professor of Early Modern French and Comparative Literature, Royal Holloway University of London

BSP: Three firms cleared by SEC to buy bad assets

THE Securities and Exchange Commission (SEC) has authorized three asset management companies to buy nonperforming assets of financial institutions during the crisis, according to an official of the Bangko Sentral ng Pilipinas (BSP).

“There has been no BSP-supervised financial institution that has availed of the incentives under the FIST (Financial Institutions Strategic Transfer) Act, but the SEC has approved applications of three FIST corporations,” BSP Assistant Governor Lyn I. Javier said in an online briefing on Thursday.

The FIST Act, which was legislated in February 2021, gives financial institutions an avenue to clean their balance sheets by selling nonperforming assets to FIST corporations that are registered with the SEC.

Meanwhile, the BSP has received 11 master list application for non-performing assets that can be disposed through the legislation, Ms. Javier said.

The submission of the master list is only a step prior to the filing of an application for a certificate of eligibility of a financial institution. The certificate will be issued by the BSP to prove the eligibility of nonperforming assets to avail of tax exemptions and privileges under the FIST Law.

Earlier, the BSP has said it expects Philippine banks to offload at least P152 billion in nonperforming assets through the FIST Law to clean their balance sheets.

“We wish to highlight that the FIST Act is a standby facility if and when the increase in nonperforming assets go beyond manageable levels. The level of nonperforming loans in the industry remain manageable,” Ms. Javier said.

Latest central bank data showed bad loans as of November slipped by 0.43% to P481.879 billion from P483.98 billion in the prior month. However, it was still higher by 19% from the P404.687 billion seen in the same month a year earlier.

This brought the November bad loan ratio to 4.35%, the lowest in eight months or since the 4.21% seen in March 2021.

The BSP said the ratio could reach 5-6% by end-2021 before peaking at 8.2% by 2022.

In his weekly virtual briefing, BSP Governor Benjamin E. Diokno said that the local banking industry remained sound and stable despite the crisis.

“The strong initial financial position and sound governance of banks have enabled them to weather this crisis and manage their nonperforming loans. Long before the COVID-19 (coronavirus disease 2019) pandemic, banks have already embedded a strong corporate governance and effective risk management in their lending operations,” Mr. Diokno said.

Preliminary data showed the banking system’s end-November 2021 total assets rose 7% year on year to P20.4 trillion. — Luz Wendy T. Noble

Ronnie Spector, girl group icon who sang ‘Be My Baby,’ 78

Ronnie Spector — EN.WIKIPEDIA.ORG

RONNIE Spector, the pioneering lead singer of the 1960s American “girl group” the Ronettes, whose vocals graced such hits as “Be My Baby” and “Baby, I Love You,” has died at the age of 78, relatives said on Wednesday.

Ms. Spector, inducted into the Rock & Roll Hall of Fame in 2007 as a member of the Spanish Harlem-based female trio, died surrounded by loved ones and in the arms of her husband, Jonathan Greenfield, after a brief battle with cancer, the family said in a statement.

“Ronnie lived her life with a twinkle in her eye, a spunky attitude, a wicked sense of humor and a smile on her face. She was filled with love and gratitude,” the family said.

“Her joyful sound, playful nature and magical presence will live on in all who knew, heard or saw her.”

Ms. Spector, born Ronnie Bennett, grew up in the Spanish Harlem neighborhood of New York City. She and her sister, Estelle, and their cousin, Nedra Talley, began performing at a young age, first singing at New York “sock hops,” or informal sponsored teenage dance events, and Jewish bar mitzvah parties.

The trio first performed as Ronnie and the Relatives before becoming the Ronettes and signing on with Colpix Records, a Columbia Pictures subsidiary, in 1961.

In 1963, the Ronettes were granted an audition with Phil Spector, one of the top music producers of the 1960s who went on to work with the Beatles on their album Let It Be, as well as with such acts as Leonard Cohen and Ike and Tina Turner.

Upon hearing Ronnie sing a version of Frankie Lymon’s 1956 hit “Why Do Fools Fall in Love,” Phil Spector leapt up from his piano and said, “That’s the voice I’ve been looking for!” according to an account from the Hollywood trade publication Variety.

With Phil Spector producing, the Ronettes dominated music charts with hits such as “Be My Baby” and “Do I Love You,” and “Walking in the Rain.” They also were featured on his holiday album A Christmas Gift to You performing three songs, including the energetic Christmas classic “Sleigh Ride.”

The singer and producer began an affair and married in 1968, with the vocalist taking his last name. Years after the couple’s 1972 split, Ronnie Spector went public with allegations that she had become a virtual captive in their home, subject to the abuse of a possessive husband as she turned to alcohol for escape. Phil Spector died last year at age 81 of coronavirus disease 2019 (COVID-19) while serving a life sentence for murder in the 2003 shooting of a Hollywood actress.

Ronnie Spector enjoyed a musical comeback in the 1980s when she was featured in American rock star Eddie Money’s popular hit single “Take Me Home Tonight,” and collaborated with groups including Bruce Springsteen’s E Street Band. —  Reuters

Cisco PHL keen on supporting IT-BPM sector’s hybrid work 

TECHNOLOGY company Cisco Philippines on Thursday said that it intends to support the information technology and business process management (IT-BPM) sector in its long-term remote work strategy by helping companies adopt the hybrid work setup.

“The goal is to create a simple and integrated solution to address the challenges of a hybrid work environment,” Officer-in-Charge Managing Director for Cisco Philippines Robin Llamas said in an e-mailed statement.

The company noted that a successful hybrid work strategy requires ample technology infrastructure support, talent and culture development, and networking and partnership opportunities.

“While hybrid work is already being implemented, we must focus on ensuring that this set up is productive and sustainable,” Mr. Llamas said.

“In addition to seamless technology, the health and wellness of employees is a critical component of successful hybrid work in the long term,” he added.

The hybrid work is seen to be the default arrangement for Asia-Pacific’s work force and work spaces this year and beyond, according to Plantronics, Inc., a global communications company more known as Poly.

Organizations are also expected to focus on offering better support for their remote workers this year as the spread of the Omicron variant of the coronavirus disease 2019 (COVID-19) shows a complete return to offices is unlikely, according technology company ManageEngine.

“Today’s work force demands more flexibility to work from anywhere. This calls for a radical change in the IT-BPM industry to meet this demand and ensure business continuity, increased competitiveness and employee productivity,” Cisco’s Mr. Llamas said. — Arjay L. Balinbin

Shorter Berlin Film Festival to go ahead with masks, COVID testing

BERLIN —  The Berlin Film Festival will go ahead in person next month but will use only half the available seating capacity and require attendees to adhere to strict COVID-19 protocols, organizers said on Wednesday.

With the Omicron variant of the coronavirus spreading fast in Germany, the organizers of the Berlinale, as it is widely known, have been at pains to make the festival happen in a safe environment after it went online last year.

The Berlinale starts on Feb. 10, culminating in an awards ceremony on Feb. 16 where the Golden and Silver Bears will be handed out, meaning the festival will be slightly shorter than planned, organizers said in a statement. It normally runs for about 10 days.

For four days after that, festival films will be shown in cinemas around the capital in public screenings.

To allow social distancing, seating capacity in festival cinemas will be reduced by 50% and no parties or public events will be held, although there will be a pared back version of the red carpet at premiere cinemas, said the organizers.

Audiences will have to be vaccinated or recently recovered from a coronavirus disease 2019 (COVID-19) infection, show a recent negative test as well as wear a mask.

“We want the festival to send a signal to the entire film industry, to cinemas and moviegoers, and to culture as a whole. We need cinema, we need culture,” said Claudia Roth, German minister for culture and media.

Germany reported 80,430 new coronavirus infections on Wednesday, the highest recorded in a single day since the start of the pandemic, and more than 114,000 people have died with COVID-19. —  Reuters

Converge’s Uy in Forbes Asia’s list top women leaders

CONVERGE ICT Solutions, Inc. Co-Founder and President Maria Grace Y. Uy is part of Forbes Asia’s 50 Over 50: Asia 2022 List, which recognizes women leaders in business, politics, art, and science in the Asia-Pacific region.

“Ms. Grace Uy is one of only two Filipinas to make it to the 2022 list, the other being Nobel Peace Prize laureate and Rappler CEO Maria Ressa,” Converge said in an e-mailed statement.

According to the company, Ms. Uy is the youngest honoree on the list of 50 women above 50 years old who are “shattering age and gender norms all over the globe.”

She was cited in her role in growing the company “into one of the biggest fixed broadband operators in the Philippines today.”

Ms. Uy founded Converge with her husband Dennis Anthony H. Uy in 2007.

“Now, the company which they brought public at the height of the pandemic in 2020 is valued at around P230 billion (approximately $4.6 billion),” Converge noted.

Ms. Uy previously made it to the Forbes Asia’s 2021 Power Businesswomen list, which recognizes 20 outstanding female business leaders in the Asia-Pacific region.

Ms. Uy is a certified public accountant. She held senior executive positions in several companies, including IBM Philippines, prior to Converge, according to Forbes.

“Ms. Uy and Ms. Ressa join other distinguished women on the list including Tokyo Governor Yuriko Koike, World Bank Managing Director Anshula Kant, Samoa Prime Minister Fiame Mata’afa, World Health Organization Chief Scientist Soumya Swaminathan, Macquarie Group CEO and Managing Director Shemara Wikramanaya, OCBC Group CEO Helen Wong, and Indian author Arundhati Roy,” Converge said. — Arjay L. Balinbin

Surgery successful, says pole-vaulter EJ Obiena

“DOWN but not out.”

Filipino world No. 6 pole-vaulter Ernest John “EJ” Obiena posted these words on his Facebook account right after his operation to repair a minor meniscus tear on his left knee went well on Wednesday.

“Surgery was successful,” said the 26-year-old Mr. Obiena. “They have cleaned the meniscus and have removed the screw on my knee from the ACL (anterior cruciate ligament) reconstruction back in 2017 as the bone graft has fully solidified.”

The Olympian and Asian record-holder is optimistic he will recover in time for a meet late this month.

“It shouldn’t affect my recovery and we’re still on and aiming for my 28th of January competition,” he said.

Mr. Obiena thanked the Philippine Sports Commission (PSC) and all the people who helped finance the operation.

“Thank you very much to everyone who helped and supported me to make this surgery possible. I am also thankful to (Philippine Sport Commission) chairman Butch Ramirez for announcing yesterday (Tuesday) that funds for my surgery are available,” said Mr. Obiena.

“I may be able to use this money once available to me to reimburse the advances of good Samaritans,” he added.

Mr. Obiena did not mention though if he will sign the PSC mediation papers that would help resolve the issue concerning him and the Philippine Athletics Track and Field Association.

But he vowed to reach greater heights this year.

“My most immediate task is to get healthy and get back on track so that I can compete again for the country. Everything else is priority number 2. Time for work to be done,” he said. — Joey Villar

BPI shortens bond offer period amid ‘overwhelming demand’

BW FILE PHOTO
BANK of the Philippine Islands will end its bond offer ahead of schedule on the back of strong demand. — BW FILE PHOTO

BANK OF THE Philippine Islands (BPI) is ending its bond offer a week earlier than scheduled due to strong demand from investors.

The papers will only be offered until Friday, Jan. 14, “due to overwhelming demand from investors, which includes institutional investors as well as high-net-worth and retail clients,” the bank said in a filing with the local bourse.

The bond offer was originally scheduled to run from Jan. 6 to 21.

The two-year papers, which make up the fourth tranche of BPI’s P100-billion bond program, have a fixed rate of 2.8068% per annum.

BPI said it was eyeing to sell P5 billion worth of peso-denominated bonds but noted it was open to upsize the issuance.

Proceeds from the issue will fund the bank’s general corporate needs as well as debt refinancing.

BPI Treasurer Dino R. Gasmen earlier said part of the proceeds will also be used for the bank’s digitalization efforts.

Investors may buy a minimum of P1 million worth of the debt papers, with additional increments of P100,000 thereafter.

BPI Capital Corp. and The Hongkong and Shanghai Banking Corp. Ltd. (HSBC) are the joint lead arrangers of the offer. BPI Capital is sole selling agent, while HSBC is a participating selling agent for the bond offering.

In August 2020, BPI raised P21.5 billion via its COVID Action Response bonds which was used to finance credit for small businesses amid the pandemic crisis.

The Ayala-led lender’s net profit increased by 3% year on year to P5.657 billion in the third quarter of 2021 amid lower credit provisions, which offset the decline in its interest earnings.

Its nine-month net profit rose by 1.8% year on year to P17.5 billion.

BPI shares went up by 10 centavos or 0.11% to close at P95.05 apiece on Thursday. – Luz Wendy T. Noble

Netflix lines up PGA Tour stars for documentary series

NETFLIX will soon be offering what is being billed as an unprecedented look at the PGA Tour with a new documentary series. It’s being modeled after Netflix’s hit Formula 1 series, Drive to Survive.

The PGA Tour show is yet to be named, and both Netflix and the PGA declined to comment on its official release date. The first episodes will likely be released in early 2023, according to Golf.com.

The docuseries will be produced by Netflix in conjunction with Vox Media Studios and Drive to Survive producers Box to Box Films. Filming is underway and will continue throughout the 2022 season.

“We are thrilled to bring golf’s leading organizations and players together for this first-of-its-kind partnership and unparalleled window into life on the tour,” Brandon Riegg, Netflix vice-president of unscripted and documentary series, said in a statement. “Our members will love getting to know the players and personalities as well as the iconic venues along the way. Even the most devoted golf fans have never seen the sport quite like this.”

For the first time, the PGA Tour and the governing bodies that conduct men’s major championships — Augusta National Golf Club, the PGA of America, the USGA, and The R&A — will allow a peek at the sport’s biggest events. That includes the Masters in Augusta, Ga., the Players Championship and the season-ending FedEx Cup.

Access from behind the scenes, as well as training, travel and emotions will be shown from the viewpoint of the tour’s top stars. Among the players involved will be Abraham Ancer, Daniel Berger, Cameron Champ, Joel Dahmen, Tony Finau, Matthew Fitzpatrick, Tommy Fleetwood, Rickie Fowler, Sergio Garcia, Harry Higgs, Max Homa, Viktor Hovland, Dustin Johnson, Brooks Koepka, Collin Morikawa, Kevin Na, Mito Pereira, Ian Poulter, Xander Schauffele, Jordan Spieth, Justin Thomas and Bubba Watson. The world’s top-ranked amateur golfer, Keita Nakajima, also will take part as he plays in his first career major championships.

Among the major stars not yet affiliated with the show are Rory McIlroy, Phil Mickelson and Tiger Woods, but producers haven’t given up on them appearing in the future.

The PGA Tour reportedly won’t have editorial control over the series, which could create concerns about protecting the squeaky-clean image of its players. The production team will have complete rights to film at tour events, with players having the option to wear microphones. — Reuters

Philex copper-gold project seen to yield $7B over 28 years

PHILEX Mining Corp. said the first-phase deposit in its Silangan copper-gold mine project in Surigao del Norte could yield close to $7 billion in sales of metallic mineral over 28 years.

“The numbers for the Silangan Project are very compelling, pushing us to pursue the mine development even without a strategic partner or major investors as we originally envisioned,” said Philex Chief Finance Officer Romeo B. Bachoco said in a stock exchange disclosure on Thursday.

The Boyongan deposit is estimated to post gross revenue of P97 million for the first year, P93 million by the fifth year, and P309 million by the 10th year.

The project has an initial capital expenditure of $224 million and will be ready for commercial use in early 2025. It features a starter mine that will initially produce 2,000 metric tons (MT) of ore per day, which will gradually reach 12,000 MT per day by the 12th year.

The Boyongan deposit has an estimated 81 million MT of mineable reserve estimated to yield 992.8 million pounds of copper and 2.81 million ounces of gold. The Bayugo deposit is still being explored.

“The feasibility study assumed a price of $3.20 per pound of copper and $1,342 an ounce for gold — both below current prices of copper of over $4.00 per pound and of gold that is over $1,800 an ounce. Using those assumed prices, the combined revenues from copper and gold totaled to $6.91 billion over the 28 years life of the soon-to-be-developed mine,” the Philex statement read.

“The break-even cost of producing a pound of copper in Silangan is between $2.00 and $2.30 per pound and between $850 and $900 for every ounce of gold,” it added.

On Thursday, Philex shares rose 2.10% or 11 centavos to close at P5.35 each in the stock exchange.

Philex is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Metro Pacific Investments Corp. and PLDT, Inc.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has interest in BusinessWorld through the Philippine Star Group, which it controls. — Luisa Maria Jacinta C. Jocson

Coronavirus takes its toll on Filipino athletes

MIXED MARTIAL arts fighter Jeremy Miado — ONE CHAMPIONSHIP

THE coronavirus disease 2019 (COVID-19) pandemic has taken its toll on Filipino sports people.

Tokyo Olympics weightlifting gold medalist Hidilyn F. Diaz and mixed martial arts (MMA) fighters Jeremy Miado and Robin Catalan all recently tested positive for the global health malady and were undergoing quarantine.

“Kahit po ako nag-positive na po. Ingat po tayong lahat. Magpalakas at sundin lahat ng health protocols (I, too, tested positive. Take care everyone. Get stronger and follow all health protocols),” said Ms. Diaz on her Instagram account where she also posted her test result.

Good thing Ms. Diaz, who has trained her sights for a second Olympic gold in the 2024 Paris Games, got her booster shot in Quezon City on Jan. 4.

For Messrs. Miado and Catalan, both strawweights, they were taken out of the “ONE: Heavy Hitters” card slated for tonight at the Singapore Indoor Stadium.

Messrs. Miado (10-4) and Catalan (9-7) were supposed to clash with Senzo Ikeda (12-6-1) and Elipitua Siregar (4-1), respectively, before it was both scrapped.

The three were among Filipino athletes and sports personalities who recently caught the virus, among them are volleyball star Alyssa Valdez of Creamline, Beach Volleyball Republic founder Charo Soriano, and Premier Volleyball League president Ricky Palou.

The PBA also postponed their games indefinitely after several of its players, coaches and team members got COVID-19. — Joey Villar

BSP limits basic deposit accounts to one per client

BW FILE PHOTO

THE BANGKO SENTRAL ng Pilipinas (BSP) directed lenders to limit basic deposit accounts (BDA) to one per depositor, urging clients to consider other products better suited for their needs.

Memorandum No. M-2022-003 signed by BSP Deputy Governor Chuchi G. Fonacier on Jan. 12 reminded banks and depositors of the rules for BDAs as stated in Circular 992 dated Feb. 1, 2018.

It said clients can tap other deposit products for their needs if they are beyond BDA limits.

“The maximum balance [of the BDA] is set at P50,000 to allow banks to ensure that accounts remain low-value, which can be considered in their risk assessment,” the memorandum said.

The BSP said banks are allowed to implement automatic transaction rejections to keep the limit, but they are expected to inform depositors of the consequences of going beyond the deposit limit in the BDA.

It added that rejections should also be clearly communicated with the depositor at the point of transaction.

The BDA was introduced in 2018 to address the needs of the unbanked and underserved Filipinos. This kind of account has a low opening amount capped at P100, no maintaining balance requirement, no dormancy charges and has a maximum balance limit of P50,000.

A central bank study showed that lack of money and documentary requirements, as well as the perception they don’t need an account, are cited by unbanked respondents as some of the main hindrances to becoming part the formal financial system.

In the new memorandum, the BSP said clients that already have a regular deposit account are allowed to open a BDA account, especially if “they have difficulty in meeting the required maintaining balance of the existing account or wants to enjoy the benefits of the BDA.”

“The client, however, may choose to maintain the regular deposit account, if he/she can still do so,” it added.

Banks are not required but are highly encouraged through incentives to offer the BDA as they have zero reserve requirement, the BSP said.

BSP Governor Benjamin E. Diokno earlier said there were 7.4 million BDAs as of the second quarter of 2021 with aggregate deposits worth P4.9 billion.

The central bank hopes to bring 70% of Filipino adults into the banked population by 2023. Mr. Diokno earlier said 53% of adult Filipinos had accounts with financial institutions as of the first quarter of 2021. — L.W.T. Noble