Risk Factors Update Summary
- The Company has approximately $457.8 million of New York multifamily loans with rent stabilization.
- Market interest rates have risen significantly, affecting net interest income and profitability.
- Increases in interest rates may negatively impact loan demand and stockholders' equity.
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=1493225&owner=exclude
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