1010470--9/12/2007--PROVIDENT_FINANCIAL_HOLDINGS

related topics

{loan, real, estate}

{regulation, change, law}

{condition, economic, financial}

{system, service, information}

{personnel, key, retain}

{acquisition, growth, future}

{control, financial, internal}

{competitive, industry, competition}

{tax, income, asset}

{financial, litigation, operation}

Fluctuations in interest rates could reduce our profitability and affect the value of our assets. Secondary mortgage market conditions could have a material adverse impact on our financial condition and earnings. We are subject to credit risks in connection with our lending practices. Our funding sources may prove insufficient to replace deposits and support our future growth. Our profitability depends significantly on economic conditions in the State of California. Competition with other financial institutions could adversely affect our profitability. The loss of key members of our senior management team could adversely affect our business. We are subject to extensive government regulation and supervision. We rely heavily on the proper functioning of our technology. Terrorist activities could cause reductions in investor confidence and substantial volatility in real estate and securities markets. We rely on effective internal controls. Changes in accounting standards may affect our performance. Earthquakes and other natural disasters in our primary market area may result in material losses because of damage to collateral properties and borrowers' inability to repay loans.

Full 10-K form ▸

1010470--9/12/2007--PROVIDENT_FINANCIAL_HOLDINGS_INC