1174771--4/17/2006--ALTRUST_FINANCIAL_SERVICES

related topics

{loan, real, estate}

{loss, insurance, financial}

{acquisition, growth, future}

{competitive, industry, competition}

{capital, credit, financial}

{tax, income, asset}

{condition, economic, financial}

{personnel, key, retain}

{product, market, service}

{stock, price, operating}

{stock, price, share}

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 leveraged investment strategy has risks of loss. We may be adversely affected by economic conditions in our market area, specifically in Cullman County. 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 industry. Our profitability 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 to us. This could negatively affect our performance and the value of our common stock. Our executive officers, directors and other five percent or greater shareholders and entities affiliated with them own a large percentage of our company, and could influence matters requiring approval by our shareholders. Some of our loan concentrations present a business risk if segments of the economy suffer a downturn. We are subject to regulatory risks associated with commercial real estate lending growth and concentrations A downturn in the real estate market could hurt our business. We face credit quality risks and our credit policies may not be sufficient to avoid losses. If we are required to write down goodwill and other intangible assets, our financial condition and results of operations could be negatively affected. Altrust s and Peoples Bank s Ability to Pay Dividends Is Limited. We are required to maintain capital to meet regulatory requirements, and if we fail to maintain sufficient capital, our financial condition, liquidity and results of operations would be adversely affected. Technological changes affect our business, and we may have fewer resources than many of our competitors to invest in technological improvements.

Full 10-K form ▸

1174771--4/17/2006--ALTRUST_FINANCIAL_SERVICES_INC