last few years of California ag.

Because we've been seeing some very high profile bankruptcies and foreclosures to the tunes of billions of dollars and hundreds of thousands of acres.

And a lot of these folks, to your point earlier, those are folks that I've grew up with and know them and have respected them with respect.

over the years as being some pretty strong players.

And we all went through it together on 2022 through 2023 with the Fed raising the rate multiple times.

So that's definitely a commonality point.

But the other commonality is as The cycle that California is going through, yes, it was water, but it was also other factors that really compounded in a way that lenders really didn't anticipate, especially as they were closing those loans five, seven years ago.

Well, once those kind of early warning signs are identified, what should lenders do with this information? It