8 unchanged sentences
A failure to sell loans designated as held for sale could adversely impact the Company's financial performance and earnings per share.
−Removed: We have identified a portion of the LBC multi-family loan portfolio as held-for-sale.
+Added: We have identified a portion of the LBC single-family loan portfolio as held-for-sale.
Our successful sale of these loans will be subject to a number of contingencies, including the buyers completion of customary due diligence and the negotiation and execution of definitive agreements.
−Removed: Our ability to successfully close on a sale of these loans may also be affected by market conditions outside our control, including continued fluctuations in interest rates, deteriorating economic conditions or declines in the real estate market, If we are unable to complete the sale of these loans, the sale of these loans is substantially delayed, or the purchase price is significantly lower than our estimates, these anticipated benefits of the sale may not be realized could have an adverse effect on our revenues, expenses and operating results, which may adversely affect the value of our common stock.
+Added: Our ability to successfully close on a sale of these loans may also be affected by market conditions outside our control, including continued fluctuations in interest rates, deteriorating economic conditions or declines in the real estate market, If we are unable to complete the sale of these loans, if the sale of these loans is substantially delayed, or if the purchase price is significantly lower than our estimates, the anticipated benefits of the sale may not be realized and could have an adverse effect on our revenues, expenses and operating results, which may adversely affect the value of our common stock.
Our entry into California may present increased risk that may adversely impact our business, prospects and financial condition.
−Removed: The Merger will result in the Bank’s initial entry into the state of California, where we have no operating experience.
−Removed: Although we have retained a number of Luther Burbank’s lending and business development officers with experience in the California market, we are new to this market area, and we may not be successful in retaining those existing employees.
+Added: The Merger will result in the Bank’s initial entry into the state of California.
+Added: We have no operating experience in California, but we have retained a number of Luther Burbank’s lending and business development officers with experience in the California market.
+Added: However, we are new to this market area, and we may not be successful in retaining those existing employees.
The banking and financial services business in California is highly competitive.
3 unchanged sentences
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.