Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
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New words:
count, decision, function, half, head, imputed, larger, newly, political, reaction, unchanged, voted
Removed:
absence, agreed, anticipated, bearing, behalf, borrowing, declining, delay, event, February, guidance, immaterial, industry, manner, notice, operate, put, returned, suspended, timing, transition
Financial report summary
?Risks
- We have incurred operating losses in several recent years and our ability to generate future profitability is uncertain.
- We are focused on growing our loan portfolio. Commercial real estate, commercial and industrial, and construction loans generally carry greater credit risk than loans secured by owner occupied one- to four-family real estate, and these risks will increase if we succeed in our plan to increase these types of loans.
- Our loan portfolio contains a significant portion of loans that are unseasoned. It is difficult to judge the future performance of unseasoned loans.
- If our allowance for loan losses is not sufficient to cover actual loan losses, our earnings and capital could decrease.
- Loss of deposits or a change in deposit mix could increase our cost of funding.
- Our wholesale funding sources may prove insufficient to replace retail deposits at maturity and support our future growth.
- Changes in interest rates may adversely impact our financial condition and results of operations.
- Our mortgage banking revenue and the value of our mortgage servicing rights can be volatile.
- The geographic concentration of our loan portfolio and lending activities makes us vulnerable to a downturn in the local economy.
- Our cost of operations is high relative to our assets. Our failure to maintain or reduce our operating expenses could hurt our operating results.
- Changes in the valuation of our securities portfolio could adversely affect us.
- Strong competition within our market area could hurt our profits and slow growth.
- We face continuing and growing security risks to our information base, including the information we maintain relating to our customers.
- We may not be able to successfully implement future information technology system enhancements, which could adversely affect our business operations and profitability.
- Our business may be adversely affected if we fail to adapt our products and services to evolving industry standards and consumer preferences.
- We rely on other companies to provide key components of our business infrastructure.
- The market price and trading volume of our common stock may be volatile.
- Our articles of organization and bylaws and certain regulations may prevent or make more difficult to pursue certain transactions, including a sale or merger of Randolph Bancorp.
- If our risk management framework does not effectively identify or mitigate our risks, we could suffer losses.
- Environmental liability associated with commercial lending could result in losses.
- Hedging against interest rate exposure may adversely affect our earnings.
- We may be unable to attract and retain highly qualified employees.
- Uncertainty about the future of LIBOR may adversely affect our business.
- We may need to raise additional capital in the future, but that capital may not be available when it is needed or the cost of that capital may be very high.
- Changes in accounting standards could affect reported earnings.
- Securities issued by us, including our common stock, are not FDIC insured.
- Our banking business is highly regulated, and laws and regulations, or changes in them, could limit or restrict our activities and could have a material adverse effect on our operations.
- We are subject to numerous laws designed to protect consumers, including the Community Reinvestment Act and fair lending laws, and failure to comply with these laws could lead to a wide variety of sanctions.
- We face significant legal risks, both from regulatory investigations and proceedings from private actions brought against us.
- Changes in tax laws and regulations and differences in interpretation of tax laws and regulations may adversely impact our financial statements.