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Wiki Wiki Summary
Automatic Dependent Surveillance–Broadcast Automatic Dependent Surveillance–Broadcast (ADS–B) is a surveillance technology in which an aircraft determines its position via satellite navigation or other sensors and periodically broadcasts it, enabling it to be tracked. The information can be received by air traffic control ground stations as a replacement for secondary surveillance radar, as no interrogation signal is needed from the ground.
Economic freedom Economic freedom, or economic liberty, is the ability of people of a society to take economic actions. This is a term used in economic and policy debates as well as in the philosophy of economics.
Peace and conflict studies Peace and conflict studies is a social science field that identifies and analyzes violent and nonviolent behaviours as well as the structural mechanisms attending conflicts (including social conflicts), with a view towards understanding those processes which lead to a more desirable human condition. A variation on this, peace studies (irenology), is an interdisciplinary effort aiming at the prevention, de-escalation, and solution of conflicts by peaceful means, thereby seeking "victory" for all parties involved in the conflict.
Geneva Conventions The Geneva Conventions are four treaties, and three additional protocols, that establish international legal standards for humanitarian treatment in war. The singular term Geneva Convention usually denotes the agreements of 1949, negotiated in the aftermath of the Second World War (1939–1945), which updated the terms of the two 1929 treaties and added two new conventions.
Terrorism Terrorism, in its broadest sense, is the use of violence and fear to achieve an ideological aim. The term is used in this regard primarily to refer to intentional violence during peacetime or in the context of war against non-combatants (mostly civilians and neutral military personnel).
Good Environmental Status Good Environmental Status is a qualitative description of the state of the seas that the European Union's Marine Strategy Framework Directive requires its Member States to achieve or maintain by the year 2020. \nGood Environmental Status is described by 11 Descriptors:\n\nDescriptor 1.
English football league system The English football league system, also known as the football pyramid, is a series of interconnected leagues for men's association football clubs in England, with five teams from Wales, one from Guernsey, one from Jersey and one from the Isle of Man also competing. The system has a hierarchical format with promotion and relegation between leagues at different levels, allowing even the smallest club the theoretical possibility of ultimately rising to the very top of the system.
Non-bank financial institution A non-banking financial institution (NBFI) or non-bank financial company (NBFC) is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency. NBFC facilitate bank-related financial services, such as investment, risk pooling, contractual savings, and market brokering.
Dependent and independent variables Dependent and Independent variables are variables in mathematical modeling, statistical modeling and experimental sciences. Dependent variables receive this name because, in an experiment, their values are studied under the supposition or demand that they depend, by some law or rule (e.g., by a mathematical function), on the values of other variables.
Return on investment Return on investment (ROI) or return on costs (ROC) is a ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favourably to its cost.
Symmetric difference In mathematics, the symmetric difference of two sets, also known as the disjunctive union, is the set of elements which are in either of the sets, but not in their intersection. For example, the symmetric difference of the sets \n \n \n \n {\n 1\n ,\n 2\n ,\n 3\n }\n \n \n {\displaystyle \{1,2,3\}}\n and \n \n \n \n {\n 3\n ,\n 4\n }\n \n \n {\displaystyle \{3,4\}}\n is \n \n \n \n {\n 1\n ,\n 2\n ,\n 4\n }\n \n \n {\displaystyle \{1,2,4\}}\n .
Madoff investment scandal The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. In December of that year, Bernie Madoff, the former NASDAQ chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme.
Statutory liquidity ratio In India, the Statutory liquidity ratio (SLR) is the Government term for the reserve requirement that commercial banks are required to maintain in the form of cash, gold reserves,Govt. bonds and other Reserve Bank of India (RBI)- approved securities before providing credit to the customers.
Income tax An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income.
Mundell–Fleming model The Mundell–Fleming model, also known as the IS-LM-BoP model (or IS-LM-BP model), is an economic model first set forth (independently) by Robert Mundell and Marcus Fleming. The model is an extension of the IS–LM model.
Revolut Revolut is a British financial technology company that offers banking services. Headquartered in London, it was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko.
Debt-to-capital ratio A company's debt-to-capital ratio or D/C ratio is the ratio of its total debt to its total capital, its debt and equity combined. The ratio measures a company's capital structure, financial solvency, and degree of leverage, at a particular point in time.
Stuyvesant Town–Peter Cooper Village Stuyvesant Town–Peter Cooper Village, sometimes shortened to StuyTown, is a large post–World War II private residential development on the east side of the New York City borough of Manhattan. The complex consists of 110 red brick apartment buildings on an 80-acre (32 ha) tract stretching from First Avenue to Avenue C, between 14th and 23rd Streets.
Real estate investment trust A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests.
Commercial modular construction Commercial Modular Buildings are code-compliant, non-residential structures that are 60% to 90% completed offsite in a factory-controlled environment. They are then transported or shipped to a final destination where the modules are then erected onto a concrete foundation to form a finished building.
Consumer protection Consumer protection is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the marketplace. Consumer protection measures are often established by law.
Apollo Global Management Apollo Global Management, Inc. is an American global alternative investment management firm.
No doc loan A No-Doc or Low-doc loan (abbr: No/Low Documentation Loan) refers to loans that do not require borrowers to provide documentation of their income to lenders or do not require much documentation. It is a financial product commonly offered by a mortgage lender to consumers who cannot qualify for normal loan products because of fluctuating or hard-to-verify incomes, such as the self-employed, or to serve long time customers with strong credit.
Cushing's disease Cushing's disease is one cause of Cushing's syndrome characterised by increased secretion of adrenocorticotropic hormone (ACTH) from the anterior pituitary (secondary hypercortisolism). This is most often as a result of a pituitary adenoma (specifically pituitary basophilism) or due to excess production of hypothalamus CRH (corticotropin releasing hormone) (tertiary hypercortisolism/hypercorticism) that stimulates the synthesis of cortisol by the adrenal glands.
Non-Standard Finance plc Non-Standard Finance plc (NSF) is a UK-based consumer finance company that provides home credit under the brands Loans at Home and Everyday Loans. Loans at Home is the UK's third-largest provider of home credit (home-collected personal loans), and of Everyday Loans, a branch-based provider of unsecured consumer loans.
Special Marriage Act, 1954 The Special Marriage Act, 1954 is an Act of the Parliament of India with provision for civil marriage (or "registered marriage") for people of India and all Indian nationals in foreign countries, irrelevant of the religion or faith followed by either party. The Act originated from a piece of legislation proposed during the late 19th century.
Environmental policy of the United States The environmental policy of the United States is a federal governmental action to regulate activities that have an environmental impact in the United States. The goal of environmental policy is to protect the environment for future generations while interfering as little as possible with the efficiency of commerce or the liberty of the people and to limit inequity in who is burdened with environmental costs.
Environmental policy of India Environment policies of the Government of India includes legislations related to environment.\nIn the Directive Principles of State Policy, Article 48A says "the state shall endeavour to protect and improve the environment and to safeguard the forests and wildlife of the country"; Article 51-A states that "it shall be the duty of every citizen of India to protect and improve the natural environment including forests, lakes, rivers and wildlife and to have compassion for living creatures."India is one of the parties of the Convention on Biological Diversity (CBD) treaty.
Metro Retail Stores Group Metro Retail Stores Group Inc. (stylized as METRO Retail Stores Group Inc., shortly known as Metro Retail or Metro) is a retail company based in Mandaue, Philippines.
The Borrowers The Borrowers is a children's fantasy novel by the English author Mary Norton, published by Dent in 1952. It features a family of tiny people who live secretly in the walls and floors of an English house and "borrow" from the big people in order to survive.
Reserve Bank of Australia The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.The bank has the responsibility of providing services to the Government of Australia in addition to also providing services to other central banks and official institutions.
Eastern Time Zone The Eastern Time Zone (ET) is a time zone encompassing part or all of 23 states in the eastern part of the United States, parts of eastern Canada, the state of Quintana Roo in Mexico, Panama and Colombia, mainland Ecuador, Peru, and a small portion of westernmost Brazil in South America, along with certain Caribbean and Atlantic islands.\nPlaces that use:\n\nEastern Standard Time (EST), when observing standard time (autumn/winter), are five hours behind Coordinated Universal Time (UTC−05:00).
Explosively formed penetrator An explosively formed penetrator (EFP), also known as an explosively formed projectile, a self-forging warhead, or a self-forging fragment, is a special type of shaped charge designed to penetrate armor effectively. As the name suggests, the effect of the explosive charge is to deform a metal plate into a slug or rod shape and accelerate it toward a target.
Say on pay Say on pay is a term used for a role in corporate law whereby a firm's shareholders have the right to vote on the remuneration of executives.\nOften described in corporate governance or management theory as an agency problem, a corporation's managers are likely to overpay themselves because, directly or indirectly, they are allowed to pay themselves as a matter of general management power.
Preemption (computing) In computing, preemption is the act of temporarily interrupting an executing task, with the intention of resuming it at a later time. This interrupt is done by an external scheduler with no assistance or cooperation from the task.: 153  This preemptive scheduler usually runs in the most privileged protection ring, meaning that interruption and resuming are considered highly secure actions.
Laws and customs of the Land of Israel in Judaism Laws and customs of the Land of Israel in Judaism are those Jewish laws that apply only to the Land of Israel. These include the commandments dependent on the Land (Hebrew: מצוות התלויות בארץ; translit.
Security vote in Nigeria Security vote in Nigeria is a monthly allowance that is allocated to the 36 states within the Federal Republic of Nigeria for the sole purpose of funding security services within such states. The monthly fund runs into billions of naira and vary based on the level of security required by the individual state.
Risk Factors
FIRST FEDERAL BANCSHARES OF ARKANSAS INC Item 1A Risk Factors In analyzing whether to make or to continue an investment in our securities, investors should consider, among other factors, the following risk factors
Our results of operations are significantly dependent on economic conditions and related uncertainties
Commercial banking is affected, directly and indirectly, by domestic and international economic and political conditions and by governmental monetary and fiscal policies
Conditions such as inflation, recession, unemployment, volatile interest rates, real estate values, government monetary policy, international conflicts, the actions of terrorists and other factors beyond our control may adversely affect our results of operations
Changes in interest rates, in particular, could adversely affect our net interest income and have a number of other adverse effects on our operations, as discussed in the immediately succeeding risk factor
Adverse economic conditions also could result in an increase in loan delinquencies, foreclosures and nonperforming assets and a decrease in the value of the property or other collateral which secures our loans, all of which could adversely affect our results of operations
We are particularly sensitive to changes in economic conditions and related uncertainties in Northcentral and Northwest Arkansas because we derive substantially all of our loans, deposits and other business from this area
Accordingly, we remain subject to the risks associated with prolonged declines in national or local economies
Changes in interest rates could have a material adverse effect on our operations
The operations of financial institutions such as the Bank are dependent to a large extent on net interest income, which is the difference between the interest income earned on interest earning assets such as loans and investment securities and the interest expense paid on interest bearing liabilities such as deposits and borrowings
Changes in the general level of interest rates can affect our net interest income by affecting the difference between the weighted average yield earned on our interest earning assets and the weighted average rate paid on our interest bearing liabilities, or interest rate spread, and the average life of our interest earning assets and interest bearing liabilities
Changes in interest rates also can affect our ability to originate loans; the value of our interest earning assets; our ability to obtain and retain deposits in competition with other available investment alternatives; and the ability of our borrowers to repay adjustable or variable rate loans
Interest rates are highly sensitive to many factors, including governmental monetary policies, domestic and international economic and political conditions and other factors beyond our control
Although we believe that the estimated maturities of our interest earning assets currently are well balanced in relation to the estimated maturities of our interest bearing liabilities (which involves various estimates as to how changes in the general level of interest rates will impact these assets and liabilities), there can be no assurance that our profitability would not be adversely affected during any period of changes in interest rates
There are increased risks involved with commercial real estate, construction, commercial business and consumer lending activities
Our lending activities include loans secured by existing commercial real estate
In addition, we originate loans for the construction of single-family residential real estate and land acquisition and development loans
Commercial real estate and construction lending generally is considered to involve a higher degree of risk than single-family residential lending due to a variety of factors, including generally larger loan balances, the dependency on successful completion or operation of the project for repayment, the difficulties in estimating construction costs and loan terms which often do not require full amortization of the loan over its term and, instead, provide for a balloon payment at stated maturity
Our lending activities also include commercial business loans to small- to medium-sized businesses, which generally are secured by various equipment, machinery and other corporate assets, and a wide variety of consumer loans, including home equity and second mortgage loans, automobile loans, deposit account secured loans and unsecured loans
Although commercial business loans and consumer loans generally have shorter terms and higher interest rates than mortgage loans, they generally involve more risk than mortgage loans because of the nature of, or in certain cases the absence of, the collateral which secures such loans
Our allowance for losses on loans may not be adequate to cover probable losses
We have established an allowance for loan losses which we believe is adequate to offset probable losses on our existing loans
There can be no assurance that any future declines in real estate market conditions, general economic conditions or changes in regulatory policies will not require us to increase our allowance for loan losses, which would adversely affect our results of operations
26 ______________________________________________________________________ We are subject to extensive regulation which could adversely affect our business and operations
We are subject to extensive federal and state governmental supervision and regulation, which are intended primarily for the protection of depositors
In addition, we are subject to changes in federal and state laws, as well as changes in regulations, governmental policies and accounting principles
The effects of any such potential changes cannot be predicted but could adversely affect our business and operations and that of our subsidiaries in the future
We face strong competition which may adversely affect our profitability
We are subject to vigorous competition in all aspects and areas of our business from banks and other financial institutions, including savings and loan associations, savings banks, finance companies, credit unions and other providers of financial services, such as money market mutual funds, brokerage firms, consumer finance companies and insurance companies
We also compete with non-financial institutions, including retail stores that maintain their own credit programs and governmental agencies that make available low cost or guaranteed loans to certain borrowers
Certain of our competitors are larger financial institutions with substantially greater resources, lending limits, larger branch systems and a wider array of commercial banking services
Competition from both bank and non-bank organizations will continue
Our ability to successfully compete may be reduced if we are unable to make technological advances
The banking industry is experiencing rapid changes in technology
In addition to improving customer services, effective use of technology increases efficiency and enables financial institutions to reduce costs
As a result, our future success will depend in part on our ability to address our customers’ needs by using technology
We cannot assure that we will be able to effectively develop new technology-driven products and services or be successful in marketing these products to our customers
Many of our competitors have far greater resources than we have to invest in technology
We and our banking subsidiary are subject to capital and other requirements which restrict our ability to pay dividends
Our ability to pay dividends to our shareholders depends to a large extent upon the dividends we receive from the Bank
Dividends paid by the Bank are subject to restrictions under the federal laws and regulations
In addition, the Bank must maintain certain capital levels, which may restrict the ability of the Bank to pay dividends to us and our ability to pay dividends to our shareholders
Holders of our common stock have no preemptive rights and are subject to potential dilution
Our certificate of incorporation does not provide any shareholder with a preemptive right to subscribe for additional shares of common stock upon any increase thereof
Thus, upon the issuance of any additional shares of common stock or other voting securities of the Company or securities convertible into common stock or other voting securities, shareholders may be unable to maintain their pro rata voting or ownership interest in us