19612--2/27/2009--CHEMICAL_FINANCIAL

related topics

{tax, income, asset}

{competitive, industry, competition}

{debt, indebtedness, cash}

{loan, real, estate}

{condition, economic, financial}

{acquisition, growth, future}

{control, financial, internal}

{stock, price, share}

Asset quality could be less favorable than expected. Environmental liability associated with commercial lending could result in losses. General economic conditions in the state of Michigan could be less favorable than expected. If Chemical does not adjust to changes in the financial services industry, its financial performance may suffer. Changes in interest rates could reduce Chemical s income and cash flow. The Corporation is subject to liquidity risk in its operations, which could adversely affect its ability to fund various obligations. The Corporation may issue debt and equity securities that are senior to Corporation common stock as to distributions and in liquidation, which could negatively affect the value of Corporation common stock. Evaluation of investment securities for other-than-temporary impairment involves subjective determinations and could materially impact the Corporation s results of operations and financial condition. The Corporation may be required to recognize an impairment of goodwill or to establish a valuation allowance against the deferred income tax asset, which could have a material adverse effect on the Corporation s results of operations and financial condition. The Corporation operates in a highly competitive industry and market area. The Corporation s controls and procedures may fail or be circumvented. Potential acquisitions may disrupt the Corporation s business and dilute shareholder value. Chemical Financial Corporation relies on dividends from its subsidiary bank for most of its revenue.

Full 10-K form ▸

19612--2/27/2009--CHEMICAL_FINANCIAL_CORP