1060523--3/15/2007--CARDINAL_FINANCIAL

related topics

{loss, insurance, financial}

{acquisition, growth, future}

{competitive, industry, competition}

{condition, economic, financial}

{tax, income, asset}

{loan, real, estate}

{personnel, key, retain}

Our mortgage banking revenue is sensitive to changes in economic conditions, decreased economic activity, a slowdown in the housing market or higher interest rates and may adversely impact our profits. We have goodwill and other intangibles that may become impaired, and thus result in a charge against earnings. We may be adversely affected by economic conditions in our market area. We may not be able to successfully manage our growth or implement our growth strategies, which may adversely affect our results of operations and financial condition. We rely heavily on our management team and the unexpected loss of any of those personnel could adversely affect our operations; we depend on our ability to attract and retain key personnel. We may incur losses if we are unable to successfully manage interest rate risk. Our concentration in loans secured by real estate may increase our future credit losses, which would negatively affect our financial results. If our allowance for loan losses becomes inadequate, our results of operations may be adversely affected. Our future success is dependent on our ability to compete effectively in the highly competitive banking and financial services industry. Our profitability and the value of any equity investment in us may suffer because of rapid and unpredictable changes in the highly regulated environment in which we operate. If we need additional capital in the future to continue our growth, we may not be able to obtain it on terms that are favorable. This could negatively affect our performance and the value of our common stock. We have extended off-balance sheet commitments to borrowers which could expose us to credit and interest rate risk.

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1060523--3/15/2007--CARDINAL_FINANCIAL_CORP