Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • The company faces risks from the development and use of AI impacting business operations.
  • Fee revenues from overdraft protection programs may face increased supervisory scrutiny.
  • Real estate loans increased from approximately $10.3 billion to $10.7 billion.
  • Commercial and construction loans increased from 35% to 37% of the total loan and lease portfolio.
  • Commercial real estate loans increased from approximately $4.1 billion to $4.3 billion.
  • Employee misconduct risks could expose the company to significant adverse effects.
  • The company may face increased regulatory scrutiny and new regulations affecting profitability.

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=36377&owner=exclude

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