Item 1A. Risk Factors
Item 1A. “RISK FACTORS”
in the Company’s Annual Report
on Form 10-K for the year ended December 31, 2022,
which could materially affect our business, financial condition
or future results. The risks described in our annual report on
Form 10-K are not the only the risks facing our Company.
Increases in inflation and the resulting tightening of Federal
Reserve monetary policy by increased target interest rates and
reductions in the Federal Reserve’s securities portfolio,
have
and is expected to continue to affect mortgage originations and income and
the market values of our securities and loans
available for sale portfolio.
These could also affect our deposit, costs and mixes, and change consumer savings
and
payment behaviors.
Additional risks and uncertainties not currently known to us or that we currently deem
to be immaterial
also may materially adversely affect our business, financial condition,
and/or operating results in the future.
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