1323648--3/31/2009--Community_Bankers_Trust

related topics

{condition, economic, financial}

{acquisition, growth, future}

{competitive, industry, competition}

{stock, price, share}

{loss, insurance, financial}

{capital, credit, financial}

{tax, income, asset}

{loan, real, estate}

{personnel, key, retain}

{control, financial, internal}

{regulation, change, law}

Difficult market conditions have adversely affected our industry. We may be adversely affected by economic conditions in our market area. We may incur losses if we are unable to successfully manage interest rate risk. Current levels of market volatility are unprecedented. The soundness of other financial institutions could adversely affect us. We may be adversely impacted by changes in the condition of financial markets. 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. We have identified a material weakness and significant deficiencies in our internal control over financial reporting that may adversely affect our ability to properly account for non-routine transactions. We may be required to write down goodwill and other intangible assets, causing our financial condition and results to be negatively affected. Acquisition opportunities may present challenges. 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. A loss of our senior officers could impair our relationship with our customers and adversely affect our business. Our participation in the U.S. Department of the Treasury s Capital Purchase Program imposes restrictions on us that limit our ability to perform certain equity transactions, including the payment of dividends and common stock purchases. Our participation in the Department of the Treasury s Capital Purchase Program imposes restrictions on executive compensation corporate governance, which may affect our ability to retain or attract qualified executive officers. The impact on us of recently enacted legislation, in particular the Emergency Economic Stabilization Act of 2008 and the American Recovery and Reinvestment Act of 2009 and their implementing regulations, and actions by the FDIC, cannot be predicted at this time. Our businesses and earnings are impacted by governmental, fiscal and monetary policy. 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.

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1323648--3/31/2009--Community_Bankers_Trust_Corp