1014133--3/31/2010--COMMUNITY_CENTRAL_BANK

related topics

{loan, real, estate}

{loss, insurance, financial}

{condition, economic, financial}

{acquisition, growth, future}

{product, market, service}

{personnel, key, retain}

{provision, law, control}

{competitive, industry, competition}

{cost, contract, operation}

{regulation, change, law}

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. 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. Higher Federal Deposit Insurance Corporation insurance premiums and special assessments will adversely affect our earnings. Our funding sources may prove insufficient which may impair our ability to fund operations and jeopardize our financial condition.. We may elect or be compelled to seek additional capital in the future, but that capital may not be available when it is needed. Changes in laws and regulations and the cost of regulatory compliance with new laws and regulations may adversely affect our operations and our income. 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 is dependent on our ability to compete effectively in the highly competitive banking industry. 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.

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1014133--3/31/2010--COMMUNITY_CENTRAL_BANK_CORP