| Industries |
|---|
| Investment Banking and Brokerage |
| Asset Management and Custody Banks |
| Diversified Financial Services |
| Technology Hardware Storage and Peripherals |
| Information Technology |
| Technology Hardware and Equipment |
| Exposures |
|---|
| Provide |
| Regime |
| Military |
| Express intent |
| Political reform |
| Material Aid |
| Rights |
| Leadership |
| Event Codes |
|---|
| Military blockade |
| Accident |
| Solicit support |
| Yield to order |
| Adjust |
| Grant |
| Propose |
| Seize |
| Warn |
| Empathize |
| Sports contest |
| Acknowledge responsibility |
| Consult |
| Wiki | Wiki Summary |
|---|---|
| Investment banking | Investment banking denotes certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. |
| Thiruvananthapuram Corporation | Thiruvananthapuram Municipal Corporation (Malayalam: തിരുവനന്തപുരം നഗരസഭ) is the oldest (formed in 1940) and the largest (by area and population) city corporation in the Kerala state of India. It is the municipal corporation that administrates the city of Thiruvananthapuram (Trivandrum), the capital of Kerala. |
| Evil corporation | An evil corporation is a trope in popular culture that portrays a corporation as ignoring social responsibility in order to make money for its shareholders.\n\n\n== In fiction ==\nThe notion is "deeply embedded in the landscape of contemporary culture—populating films, novels, videogames, and more." The science fiction genre served as the initial background to portray corporations in this dystopian light.Evil corporations can be seen to represent the danger of combining capitalism with larger hubris. |
| Multinational corporation | A multinational company (MNC) is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. |
| NLEX Corporation | NLEX Corporation (formerly Manila North Tollways Corporation) is a subsidiary of Metro Pacific Tollways Corporation (MPTC), a company owned by Metro Pacific Investments Corporation (PSE: MPI). It holds the concession rights to construct, operate and maintain the North Luzon Expressway (NLEX) and Subic–Clark–Tarlac Expressway (SCTEX). |
| Nonprofit corporation | A nonprofit corporation is any legal entity which has been incorporated under the law of its jurisdiction for purposes other than making profits for its owners or shareholders. Depending on the laws of the jurisdiction, a nonprofit corporation may seek official recognition as such, and may be taxed differently from for-profit corporations, and treated differently in other ways. |
| Corporation$ | Corporation$ is an EP by British death metal band Cancer, released after the band reunited in 2004. |
| Thievery Corporation | Thievery Corporation is an American electronic music duo consisting of Rob Garza and Eric Hilton. Their musical style mixes elements of dub, acid jazz, reggae, Indian classical, Middle Eastern music, hip hop, electronica, and Brazilian music, including bossa nova. |
| Arithmetic | Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today. |
| Special Activities Center | The Special Activities Center (SAC) is a division of the Central Intelligence Agency responsible for covert operations and paramilitary operations. The unit was named Special Activities Division (SAD) prior to 2015. |
| Operations management | Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in meeting customer requirements. |
| Emergency operations center | An emergency operations center (EOC) is a central command and control facility responsible for carrying out the principles of emergency preparedness and emergency management, or disaster management functions at a strategic level during an emergency, and ensuring the continuity of operation of a company, political subdivision or other organization.\nAn EOC is responsible for strategic direction and operational decisions and does not normally directly control field assets, instead leaving tactical decisions to lower commands. |
| Operations research | Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences. |
| Bitwise operation | In computer programming, a bitwise operation operates on a bit string, a bit array or a binary numeral (considered as a bit string) at the level of its individual bits. It is a fast and simple action, basic to the higher-level arithmetic operations and directly supported by the processor. |
| Operation (mathematics) | In mathematics, an operation is a function which takes zero or more input values (called operands) to a well-defined output value. The number of operands (also known as arguments) is the arity of the operation. |
| Regulatory agency | A regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government authority that is responsible for exercising autonomous dominion over some area of human activity in a licensing and regulating capacity.\nThese are customarily set up to strengthen safety and standards, and/or to protect consumers in markets where there is a lack of effective competition. |
| Regulatory affairs | Regulatory affairs (RA), also called government affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, cosmetics, agrochemicals (plant protection products and fertilizers), energy, banking, telecom etc. Regulatory affairs also has a very specific meaning within the healthcare industries (pharmaceuticals, medical devices, biologics and functional foods). |
| Regulation of therapeutic goods | The regulation of therapeutic goods, defined as drugs and therapeutic devices, varies by jurisdiction. In some countries, such as the United States, they are regulated at the national level by a single agency. |
| Balance sheet | In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. |
| Financial condition report | In accounting, a financial condition report (FCR) is a report on the solvency condition of an insurance company that takes into account both the current financial status, as reflected in the balance sheet, and an assessment of the ability of the company to survive future risk scenarios. Risk assessment in an FCR involves dynamic solvency testing, a type of dynamic financial analysis that simulates management response to risk scenarios, to test whether a company could remain solvent in the face of deteriorating economic conditions or major disasters. |
| Financial statement | Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity.\nRelevant financial information is presented in a structured manner and in a form which is easy to understand. |
| Financial ratio | A financial ratio or accounting ratio is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization. |
| Financial law | Financial law is the law and regulation of the insurance, derivatives, commercial banking, capital markets and investment management sectors. Understanding Financial law is crucial to appreciating the creation and formation of banking and financial regulation, as well as the legal framework for finance generally. |
| Trustmark (bank) | Trustmark is a commercial bank and financial services company headquartered in Jackson, Mississippi, United States, with subsidiaries Trustmark National Bank, Trustmark Investment Advisors, and Fisher Brown Bottrell Insurance. The bank's initial predecessor, The Jackson Bank, was chartered by the State of Mississippi in 1889. |
| Financial analysis | Financial analysis (also referred to as financial statement analysis or accounting analysis or Analysis of finance) refers to an assessment of the viability, stability, and profitability of a business, sub-business or project. \nIt is performed by professionals who prepare reports using ratios and other techniques, that make use of information taken from financial statements and other reports. |
| Federal takeover of Fannie Mae and Freddie Mac | In September 2008 the Federal Housing Finance Agency (FHFA) announced that it would take over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Both government-sponsored enterprises, which finance home mortgages in the United States by issuing bonds, had become illiquid as the market for those bonds collapsed in the subprime mortgage crisis. |
| Regulation (European Union) | A regulation is a legal act of the European Union that becomes immediately enforceable as law in all member states simultaneously. Regulations can be distinguished from directives which, at least in principle, need to be transposed into national law. |
| Radio regulation | Radio regulation refers to the regulation and licensing of radio in international law, by individual governments, and by municipalities.\n\n\n== International regulation ==\nThe International Telecommunication Union (ITU) is a specialized agency of the United Nations (UN) that is responsible for issues that concern information and communication technologies. |
| New York Codes, Rules and Regulations | The New York Codes, Rules and Regulations (NYCRR) contains New York state rules and regulations. The NYCRR is officially compiled by the New York State Department of State's Division of Administrative Rules. |
| Regulatory state | The term regulatory state refers to the expansion in the use of rulemaking, monitoring and enforcement techniques and institutions by the state and to a parallel change in the way its positive or negative functions in society are being carried out. The expansion of the state nowadays is generally via regulation and less via taxing and spending. |
| Regulatory capture | In politics, regulatory capture (also agency capture and client politics) is a form of corruption of authority that occurs when a political entity, policymaker, or regulator is co-opted to serve the commercial, ideological, or political interests of a minor constituency, such as a particular geographic area, industry, profession, or ideological group.When regulatory capture occurs, a special interest is prioritized over the general interests of the public, leading to a net loss for society. The theory of client politics is related to that of rent-seeking and political failure; client politics "occurs when most or all of the benefits of a program go to some single, reasonably small interest (e.g., industry, profession, or locality) but most or all of the costs will be borne by a large number of people (for example, all taxpayers)". |
| Regulatory sequence | A regulatory sequence is a segment of a nucleic acid molecule which is capable of increasing or decreasing the expression of specific genes within an organism. Regulation of gene expression is an essential feature of all living organisms and viruses. |
| Regulatory sign | A regulatory sign is used to indicate or reinforce traffic laws, regulations or requirements which apply either at all times or at specified times or places upon a street or highway, the disregard of which may constitute a violation, or a sign in general that regulates public behavior in places open to the public. The FHWA defines regulatory sign as "a sign that gives notice to road users of traffic laws or regulations". |
| Gene regulatory network | A gene (or genetic) regulatory network (GRN) is a collection of molecular regulators that interact with each other and with other substances in the cell to govern the gene expression levels of mRNA and proteins which, in turn, determine the function of the cell. GRN also play a central role in morphogenesis, the creation of body structures, which in turn is central to evolutionary developmental biology (evo-devo). |
| Risk Factors |
|---|
| MBT FINANCIAL CORP ITEM 1A RISK FACTORS An investment in the Corporationapstas common stock is subject to risks inherent to the Corporationapstas business |
| The material risks and uncertainties that Management believes affect the Corporation are described below |
| Before making an investment decision, investors should carefully consider the risks and uncertainties described below together with all the other information included or incorporated by reference in this report |
| The risks and uncertainties described below are not the only ones facing the Corporation |
| Additional risks and uncertainties that Management is not aware of or focused on or that Management currently deems immaterial may also impair the Corporationapstas business operations |
| This report is qualified in its entirety by these risk factors |
| If any of the following risks actually occur, the Corporationapstas financial condition and results of operations could be materially and adversely affected |
| If this were to happen, the value of the Corporationapstas common stock could decline significantly, and investors would lose all or part of their investment |
| RISKS RELATED TO THE CORPORATION &apos S BUSINESS INTEREST RATE RISK - The Corporationapstas earnings and cash flows are largely dependent upon its net interest income |
| Net interest income is the difference between interest earned on interest earning assets such as loans and securities and interest paid on interest bearing liabilities such as deposits and borrowings |
| Interest rates are highly sensitive to many factors that are beyond the Corporationapstas control, including general economic and market conditions and policies of various governmental and regulatory agencies and, in particular, the Board of Governors of the Federal Reserve System |
| Changes in monetary policy, including changes in interest rates, could influence not only the interest the Corporation receives on loans and investment securities and the amount of interest it pays on deposits and borrowings, but such changes could also affect the Corporationapstas ability to originate loans and obtain deposits and the fair values of the Corporationapstas financial assets and liabilities |
| If the interest rates paid on deposits and other borrowings increase at a faster rate or decrease at a slower rate than the interest rates received on loans and investments, the Corporationapstas net interest income, and therefore earnings, could be adversely affected |
| Although Management believes it has implemented effective asset and liability management strategies to reduce the potential effects of changes in interest rates on the Corporationapstas results of operations, any substantial, unexpected, or prolonged change in market interest rates or in the term structure of interest rates could have a material adverse effect on the Corporationapstas financial condition and results of operations |
| See Item 7A Quantitative and Qualitative Disclosures about Market Risk in this report for further discussion related to the Corporationapstas management of interest rate risk |
| LENDING RISK - There are inherent risks associated with the Corporationapstas lending activities |
| These risks include, among other things, the impact of changes in interest rates and changes in economic conditions in the markets where the Corporation operates as well as those across the State of Michigan and the United States |
| Increases in interest rates and/or weakening economic conditions could adversely impact the ability of borrowers to repay outstanding loans or the value of the collateral securing these loans |
| The Corporation is also subject to various laws and regulations that affect its lending activities |
| Failure to comply with applicable laws and regulations could subject the Corporation to regulatory enforcement action that could result in the assessment of significant civil money penalties against the Corporation |
| As of December 31, 2005, approximately 80prca of the Corporationapstas loan portfolio was secured by real estate |
| These types of loans are generally viewed as lower risk of default than commercial and industrial or consumer loans |
| The Corporationapstas loan portfolio contains a significant amount of non-performing loans |
| 5 |
| An increase in non-performing loans could result in a net loss of earnings from these loans, an increase in the provision for loan losses, and an increase in loan charge-offs, all of which could have a material adverse effect on the Corporationapstas financial condition and results of operations |
| The Corporation maintains an Allowance for Loan Losses, which is a reserve established through a provision for loan losses charged to expense, that represents Managementapstas best estimate of probable loan losses that have been incurred within the existing portfolio of loans |
| The Allowance, in the judgment of Management, is necessary to reserve for estimated loan losses and risks inherent in the loan portfolio |
| The level of the Allowance reflects Managementapstas continuing evaluation of loan loss experience, current loan portfolio quality, present economic, political, and regulatory conditions, and unidentified losses inherent in the current loan portfolio |
| The determination of the appropriate level of the Allowance inherently involves a high degree of subjectivity and requires the Corporation to make significant estimates of current credit risks and future trends, all of which may undergo material changes |
| Changes in economic conditions affecting borrowers, new information regarding existing loans, identification of additional problem loans, and other factors, both within and outside of the Corporationapstas control, may require an increase in the Allowance |
| In addition, bank regulatory agencies periodically review the Corporationapstas Allowance and may require an increase in the provision for loan losses or the recognition of further loan charge-offs, based on judgments different from those of Management |
| ECONOMIC RISK - The Corporationapstas success depends significantly on the general economic conditions of the State of Michigan |
| Unlike larger regional or national banks that are more geographically diversified, the Corporation provides banking and financial services to customers primarily in Southeast Michigan and Northwest Ohio |
| The local economic conditions in these areas have a significant impact on the demand for the Corporationapstas products and services as well as the ability of the Corporationapstas customers to repay loans, the value of the collateral securing loans, and the stability of the Corporationapstas deposit funding sources |
| A significant decline in general economic conditions caused by inflation, recession, acts of terrorism, unemployment, changes in securities markets or other factors could impact these local economic conditions and, in turn, have a material adverse effect on the Corporationapstas financial condition and results of operations |
| COMPETITIVE RISK - The Corporation faces substantial competition in all areas of its operations from a variety of different competitors, many of which are larger and may have more financial resources |
| Such competitors primarily include regional and national banks within the Corporationapstas market |
| The Corporation also faces competition from many other types of financial institutions, including savings and loan institutions, credit unions, finance companies, brokerage firms, insurance companies, and other financial intermediaries |
| The financial services industry could become even more competitive as a result of legislative, regulatory, and technological changes and continued consolidation |
| Banks, securities firms, and insurance companies can merge under the umbrella of a financial holding company, which can offer virtually any type of financial service, including banking, securities underwriting, and insurance |
| Also, technology has lowered barriers to entry and made it possible for non-banks to offer products and services traditionally provided by banks, such as automatic transfer and automatic payment systems |
| Many of the Corporationapstas competitors have fewer regulatory constraints, and may have lower cost structures |
| Additionally, many competitors may be able to achieve economies of scale, and as a result, may offer a broader range of products and services as well as better pricing for those products and services than the Corporation can |
| Increased competition could adversely affect the Corporationapstas growth and profitability, which, in turn, could have a material adverse effect on the Corporationapstas financial condition and results of operations |
| REGULATORY RISK - The Corporation is subject to extensive federal and state regulation and supervision |
| Banking regulations are primarily intended to protect depositors &apos funds, federal deposit insurance funds, and the banking system as a whole, not shareholders |
| These regulations affect the Corporationapstas lending 6 |
| Congress and federal regulatory agencies continually review banking laws, regulations, and policies for possible changes |
| Changes to statutes, regulations, or regulatory policies, including changes in interpretation or implementation of statutes, regulations, or policies, could affect the Corporation in substantial and unpredictable ways |
| Such changes could subject the Corporation to additional costs, limit the types of financial services and products the Corporation may offer and/or increase the ability of non-banks to offer competing financial products and services, among other things |
| Failure to comply with laws, regulations, or policies could result in sanctions by regulatory agencies, civil money penalties, and/or reputation damage, which could have a material adverse effect on the Corporationapstas business, financial condition, and results of operations |
| While the Corporation has policies and procedures designed to prevent any such violations, there can be no assurance that such violations will not occur |
| FAILURE OR CIRCUMVENTION OF CONTROLS AND PROCEDURES - Management regularly reviews and updates the Corporationapstas internal controls, disclosure controls, and procedures, and corporate governance policies and procedures |
| Any system of controls, however well designed and operated, is based in part on certain assumptions and can provide only reasonable, not absolute, assurances that the objectives of the system are met |
| Any failure or circumvention of the Corporationapstas controls and procedures or failure to comply with regulations related to controls and procedures could have a material adverse effect on the Corporationapstas business, results of operations, and financial condition |