1014133--3/31/2009--COMMUNITY_CENTRAL_BANK

related topics

{loan, real, estate}

{loss, insurance, financial}

{condition, economic, financial}

{acquisition, growth, future}

{stock, price, share}

{cost, contract, operation}

{provision, law, control}

{competitive, industry, competition}

{product, market, service}

{personnel, key, retain}

{regulation, change, law}

{cost, regulation, environmental}

{tax, income, asset}

Current levels of market volatility are unprecedented and may adversely affect us. Continued deterioration of the economy and real estate market in Michigan could hurt our business. Our business is subject to various lending risks depending on the nature of the borrower s business, its cash flow and our collateral. Our commercial real estate loans involve higher principal amounts than other loans, and repayment of these loans may be dependent on factors outside our control or the control of our borrowers. Repayment of our commercial and industrial loans is often dependent on cash flow of the borrower, which may be unpredictable, and collateral securing these loans may fluctuate in value. Our construction and land development loans are based upon estimates of costs to construct and value associated with the completed project. Our consumer loans generally have a higher risk of default than our other loans We may elect, or be required, to make further increases in our provisions for loan losses and to charge off additional loans in the future, which could adversely affect our results of operations. If our allowance for loan losses is not sufficient to cover actual loan losses, or if we are required to increase our provision for loan losses, our results of operations and financial condition could be materially adversely affected. Changes in economic conditions or interest rates may negatively affect our earnings, capital and liquidity. Our deposit insurance premiums are expected to increase substantially, which will adversely affect our profits. Our funding sources may prove insufficient to fund our balance sheet activities, replace deposits at maturity and support our future growth. We may elect or be compelled to seek additional capital in the future, but that capital may not be available when it is needed. We rely heavily on our management and other key personnel, and the loss of any of them may adversely effect our operations. Our future success in dependent on our ability to compete effectively in the highly competitive banking industry. We are subject to extensive regulation which could adversely affect our business. We continually encounter technological changes, and we may have fewer resources than our competitors to continue to invest in technological improvements. Our articles of incorporation and by-laws and Michigan laws contain certain provisions that could make a takeover more difficult. Our ability to pay dividends is limited by law and contract. There is a limited trading market for our common stock.

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1014133--3/31/2009--COMMUNITY_CENTRAL_BANK_CORP