Risk Factors Update Summary
- Approximately 21% of deposits were uninsured and uncollateralized as of December 31, 2023.
- Unrealized losses on available-for-sale securities portfolio have significantly impacted book capital and tangible common equity.
- Failure to comply with laws, regulations, or supervisory guidance could result in significant penalties.
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=714395&owner=exclude
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