275119--3/31/2008--BAYLAKE

related topics

{loss, insurance, financial}

{competitive, industry, competition}

{condition, economic, financial}

{loan, real, estate}

{tax, income, asset}

{system, service, information}

{financial, litigation, operation}

If we have significant loan losses not previously identified and provided for, we would need to further increase our Allowance for Loan Losses and our earnings would decrease; impairment charges on letters of credit could have similar effects. Our operations are geographically limited and significantly concentrated in the tourism industry, which makes us more at risk for downturns in those areas. A significant portion of our lending is concentrated in the commercial real estate sector, which makes us more vulnerable to downturns in that sector. We operate in a highly regulated environment, which could increase our cost structure or have other negative impacts on our operations. A decreasing interest rate environment could affect our results and our equity. Competition may affect our results. Customers may decide not to use banks to complete their financial transactions, which could result in a loss of income to us. We rely on the accuracy and completeness of information about customers and counterparties, and inaccurate or incomplete information could negatively impact our financial condition and results of operations. Unauthorized disclosure of sensitive or confidential client or customer information, whether through a breach of our computer system or otherwise, could severely harm our business. Wisconsin tax developments could reduce our earnings.

Full 10-K form ▸

275119--3/31/2008--BAYLAKE_CORP