1093672--3/24/2006--PEOPLES_BANCORP_OF_NORTH_CAROLINA

related topics

{competitive, industry, competition}

{regulation, change, law}

{stock, price, share}

{condition, economic, financial}

{loss, insurance, financial}

{personnel, key, retain}

{tax, income, asset}

Loss of key personnel could adversely impact results A significant amount of the Bank s business is concentrated in lending which is secured by property located in the Catawba Valley and surrounding areas An inadequate allowance for loan losses would reduce our earnings Changes in interest rates affect profitability and assets Regional economic factors may have an adverse impact on our business The Bank faces strong competition from other banks and financial institutions which can hurt its business Government regulations and policies impose limitations and may result in higher operating costs and competitive disadvantages Changes in technology may impact the Bank s business The trading volume in our common stock is less than that of larger public companies which can cause price volatility. We may be subject to examinations by taxing authorities which could adversely affect our results of operations. We may not be able to pay dividends in the future in accordance with past practice. Loss of key personnel could adversely impact results A significant amount of the Bank s business is concentrated in lending which is secured by property located in the Catawba Valley and surrounding areas An inadequate allowance for loan losses would reduce our earnings Changes in interest rates affect profitability and assets Regional economic factors may have an adverse impact on our business The Bank faces strong competition from other banks and financial institutions which can hurt its business Government regulations and policies impose limitations and may result in higher operating costs and competitive disadvantages Changes in technology may impact the Bank s business The trading volume in our common stock is less than that of larger public companies which can cause price volatility. We may be subject to examinations by taxing authorities which could adversely affect our results of operations. We may not be able to pay dividends in the future in accordance with past practice.

Full 10-K form ▸

1093672--3/24/2006--PEOPLES_BANCORP_OF_NORTH_CAROLINA_INC