Risk Factors Update Summary
- Negative developments in the banking industry led to significant market volatility, impacting customer confidence.
- Rising interest rates decreased the value of held-to-maturity securities, potentially leading to losses.
- The Eastern Merger could disrupt business, affect relationships, and lead to significant expenses.
- Failure to complete the Eastern Merger could negatively impact stock price and future financial results.
- Acquisitions, like the Northmark Merger, pose risks affecting financial condition and business strategy.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=711772&owner=exclude
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