−Removed: Legal Proceedings
the course of operations, we may become a party to legal proceedings in the normal course of business.
−Removed: At March 31, 2021, we do
−Removed: not anticipate that the aggregate ultimate liability arising out of litigation pending or threatened against the Company or any
−Removed: of its subsidiaries or to which the property of the Company or any of its subsidiaries is subject, in the opinion of management,
−Removed: will materially impact the financial condition or liquidity of the Company.
−Removed: Bank was named as a defendant in an action filed in the United States District Court for the Western District of Virginia on December
−Removed: The plaintiff alleges that the Bank breached a contractual arrangement in the assessment of overdraft fees for the re-presentment
−Removed: of items previously returned due to lack of sufficient funds.
−Removed: The plaintiff is seeking class action status in its pursuit of this
−Removed: The Bank denies the allegation and intends to vigorously defend against this claim.
−Removed: As no formal or specific financial
−Removed: demand has been made, and due to the preliminary status of this case, any possible loss cannot be estimated at this time.
−Removed: Bank is a defendant in a complaint filed by a former employee in the United States District Court for the Western District of
−Removed: Virginia on January 1, 2021.
−Removed: The complaint alleges wrongful termination based on gender, religion and age.
−Removed: The Bank denies the
−Removed: allegations and intends to vigorously defend against these claims.
−Removed: or specific financial demand has been made, and due to the preliminary status of this case, any possible loss cannot be estimated
−Removed: at this time.
−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Defaults Upon Senior Securities
−Removed: Mine Safety Disclosures
+Added: At March 31, 2022, we do not anticipate
+Added: that the aggregate ultimate liability arising out of litigation pending or threatened against the Company or any of its subsidiaries
+Added: or to which the property of the Company or any of its subsidiaries is subject, in the opinion of management, will materially impact the
+Added: financial condition or liquidity of the Company.
+Added: April 20, 2022, the United States District Court for the Western District of Virginia issued summary judgment, in favor of the Bank,
+Added: dismissing all remining claims made in a lawsuit filed by a former employee in January 2021, alleging wrongful termination based on gender,
+Added: religion and age.
+Added: Sales of Equity Securities and Use of Proceeds
+Added: Upon Senior Securities
+Added: Safety Disclosures
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.