356809--4/17/2009--ABIGAIL_ADAMS_NATIONAL_BANCORP_INC

related topics
{loan, real, estate}
{product, liability, claim}
{financial, litigation, operation}
{loss, insurance, financial}
{capital, credit, financial}
{condition, economic, financial}
If Abigail Adams National Bancorp, Inc. s Allowance for Credit Losses is Not Sufficient to Cover Actual Loan Losses, its operating results will be adversely affected. Changes in Interest Rates Could Adversely Affect Abigail Adams National Bancorp, Inc. s Results of Operations and Financial Condition. Strong Competition Within Abigail Adams National Bancorp, Inc. s Market Area May Limit its Growth and Profitability. Abigail Adams National Bancorp, Inc. Operates in a Highly Regulated Environment and May Be Adversely Affected By Changes in Laws and Regulations and the ANB Written Agreement with the OCC. If the Banks current capital ratios decline below the regulatory threshold for an adequately capitalized institution, the Banks will be considered undercapitalized which will have a material and adverse effect on the Company. The Company s Expenses Will Increase As A Result Of Increases in FDIC Insurance Premiums. ANB is no longer considered well capitalized for regulatory capital purposes, which will cause the Bank to incur increased premiums for deposit insurance and require FDIC approval to gather brokered deposits including CDARS reciprocal deposits ANB s capital ratios will likely restrict our ability to grow our balance sheet as we have in the past, which could adversely affect our results of operations, financial condition, and liquidity. Our business is subject to liquidity risk, and changes in our source of funds may adversely affect our performance and financial condition by increasing out cost of funds.

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