Risk Factors Update Summary
- Financial challenges at other banking institutions led to deposit outflows, with $3.4 billion liquidity.
- Municipal deposits increased from $850 million to $861 million, representing 11% of total deposits.
- Legal risks increased significantly, with potential financial liability and reputational damage.
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=1723596&owner=exclude
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