Risk Factors Update Summary
- Total loans held for investment decreased from 90% to 80% of earning assets.
- Fair value of securities portfolio increased from $262 million to $324 million.
- Commercial loans decreased from $1.8 billion to $1.5 billion, with CRE loans decreasing from $201 million to $130 million.
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=1499422&owner=exclude
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