1070154--12/15/2008--PROVIDENT_NEW_YORK_BANCORP

related topics
{condition, economic, financial}
{loan, real, estate}
{stock, price, share}
{provision, law, control}
{loss, insurance, financial}
{financial, litigation, operation}
{tax, income, asset}
{system, service, information}
{regulation, change, law}
{competitive, industry, competition}
Recent Legislation in Response to Market and Economic Conditions May Significantly Affect Our Operations, Financial Condition, and Earnings. Participants in the CPP Are Subject to Certain Restrictions on Dividends, Repurchases of Common Stock, and Executive Compensation. Difficult Market Conditions Have Adversely Affected Our Industry. Lack of Consumer Confidence in Financial Institutions May Decrease Our Level of Deposits Market Volatility and Returns May Lead to Reductions in Investment Management Revenues Future Legislative or Regulatory Actions Responding to Perceived Financial and Market Problems Could Impair Our Rights Against Borrowers. An Inadequate Allowance for Loan Losses Would Negatively Impact Our Results of Operations. The Need to Account for Assets at Market Prices May Adversely Affect Our Results of Operations. Our Commercial Real Estate, Commercial Business and Construction Loans Expose Us to Increased Credit Risks. Changes in the Value of Goodwill and Intangible Assets Could Reduce Our Earnings. Our Continuing Concentration of Loans in Our Primary Market Area May Increase Our Risk. Changes in Market Interest Rates Could Adversely Affect Our Financial Condition and Results of Operations. A Breach of Information Security Could Negatively Affect Our Earnings. We Are Subject to Extensive Regulatory Oversight We Are Subject to Competition from Both Banks and Non-Banking Companies. Various Factors May Make Takeover Attempts More Difficult to Achieve. Certificate of Incorporation and Statutory Provisions Required Change in Control Payments and Issuance of Stock Options and Recognition

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