Risk Factors Update Summary
- Concentrations of loans in office buildings and retail industries increased to $107.0 million and $229.4 million.
- Increase in multifamily rent regulated exposure in New York to approximately $941 million.
- Change from LIBOR to SOFR may limit ability to enter into interest rate transactions.
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=1050743&owner=exclude
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