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statements of our goals, intentions and expectations; |
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statements regarding our business plans, prospects, growth and operating strategies; |
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statements regarding the quality of our loan and investment portfolios; and |
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estimates of our risks and future costs and benefits. |
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general economic conditions, either nationally or in our market area, that are worse than expected; |
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competition within our market area that is stronger than expected; |
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changes in the level and direction of loan delinquencies and charge-offs and changes in estimates of the adequacy of the allowance for loan losses; |
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our ability to access cost-effective funding; |
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fluctuations in real estate values and both residential and commercial real estate market conditions; |
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demand for loans and deposits in our market area; |
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changes in our partnership with a third-party mortgage banking company; |
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our ability to continue to implement our business strategies; |
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competition among depository and other financial institutions; |
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inflation and changes in market interest rates that reduce our margins and yields, reduce the fair value of financial instruments or reduce our volume of loan originations, or increase the level of defaults, losses and prepayments on loans we have made and make, whether held in portfolio or sold in the secondary market; |
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adverse changes in the securities markets; |
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changes in laws or government regulations or policies affecting financial institutions, including changes in regulatory fees and capital requirements; |
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our ability to manage market risk, credit risk and operational risk; |
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our ability to enter new markets successfully and capitalize on growth opportunities; |
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the imposition of tariffs or other domestic or international governmental polices impacting the value of the agricultural or other products of our borrowers; |
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our ability to successfully integrate into our operations any assets, liabilities or systems we may acquire, as well as new management personnel or customers, and our ability to realize related revenue synergies and cost savings within expected time frames and any goodwill charges related thereto; |
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changes in consumer spending, borrowing and savings habits; |
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our ability to maintain our reputation; |
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our ability to prevent or mitigate fraudulent activity; |
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changes in cost of legal expenses, including defending against significant litigation; |
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our ability to regain compliance with Nasdaq Listing Rule 5250(c)(1); |
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changes in accounting policies and practices, as may be adopted by the bank regulatory agencies, the Financial Accounting Standards Board, the Securities and Exchange Commission or the Public Company Accounting Oversight Board; |
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our ability to retain key employees; |
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our compensation expense associated with equity benefits allocated or awarded to our employees in the future; and |
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changes in the financial condition, results of operations or future prospects of issuers of securities that we own. |