−Removed: The section titled Risk Factors in Part I, Item 1A of the 2022 Form 10-K includes a discussion of the material risks and uncertainties the Company faces, any one or more of which could have a material adverse effect on the Company's business, results of operations, or financial condition (including capital and liquidity).
−Removed: The information presented below provides an update to, and should be read in conjunction with, the risk factors and other information contained in the 2022 Form 10-K.
−Removed: Except as presented below, there have been no material changes to the risk factors described in the 2022 Form 10-K.
+Added: The section titled Risk Factors in Part I, Item 1A of the 2022 Form 10-K, as updated in Part II, Item 1A of the Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 ("First Quarter 2023 Form 10-Q"), includes a discussion of the material risks and uncertainties the Company faces, any one or more of which could have a material adverse effect on the Company's business, results of operations, or financial condition (including capital and liquidity).
+Added: As of the date of this Report, there have been no material changes with regard to the Risk Factors disclosed in Item 1A of the 2022 Form 10-K as updated by the below Risk Factor set forth in the First Quarter 2023 Form 10-Q.
Risks Related to Recent Events Impacting the Financial Services Industry
2 unchanged sentences
These recent events have, and could continue to adversely impact the market price and volatility of the Company’s common stock.
+Added: Additionally, the cost of resolving recent bank failures has prompted the FDIC to recently announce plans to collect an additional special assessments.
These recent events may also result in potentially adverse changes to laws or regulations applicable to the Company, which could have a material impact on the Company’s business and result in increased costs necessary to comply with any such changes.
−Removed: Additionally, the cost of resolving recent bank failures may prompt the FDIC to increase its premiums above the current levels or result in additional special assessments.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.