Risk Factors Update Summary
- Noninterest income from mortgage banking activities decreased from $2.9 million to $2.4 million.
- The fair value of the investment and mortgage-backed securities portfolio decreased from $1.969 billion to $1.743 billion.
- Loans outstanding to municipalities and political subdivisions increased from $183 million to $194 million.
- Net unrealized losses on securities decreased from $343 million to $312 million.
- Investments in debt obligations of states decreased from $127 million to $85 million.
- The Company incurred other comprehensive gains of $7.9 million related to net changes in investments.
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=1471265&owner=exclude
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