764038--3/16/2006--SCBT_FINANCIAL

related topics

{loan, real, estate}

{regulation, change, law}

{stock, price, share}

{financial, litigation, operation}

{acquisition, growth, future}

{loss, insurance, financial}

{tax, income, asset}

{cost, contract, operation}

{personnel, key, retain}

{cost, operation, labor}

Risks Affecting SCBT Financial Corporation SCBT Financial Corporation is exposed to interest payments made on deposits and borrowings relative to interest earned on assets and other investments; net interest income may decrease. SCBT Financial Corporation is exposed to reduced profitability from increases in some loan prepayments and some prepayments of loans underlying mortgage backed securities. SCBT Financial Corporation is exposed to changes in interest rates. SCBT Financial Corporation is exposed to loss from adjustable rate loans and loans with optional payment characteristics. SCBT Financial Corporation is exposed to the possibility of having inadequate allowance for loan losses, which would reduce its earnings. SCBT Financial Corporation is exposed to higher credit risk by commercial real estate, commercial business, and construction lending. SCBT Financial Corporation is exposed to the effect of negative events in certain geographic areas. SCBT Financial Corporation is exposed to competition with other financial institutions. SCBT Financial Corporation is exposed to the failure of our technology. SCBT Financial Corporation is exposed to the services of its management team and employees. SCBT Financial Corporation is exposed to the fact that additional capital resources may be needed in the future and the fact that these capital resources may not be available when needed or at all. Risks Relating to Legal and Regulatory Matters SCBT Financial Corporation is subject to extensive regulation that could restrict its activities and impose financial requirements or limitations on the conduct of our business and limit our ability to receive dividends from the Banks. SCBT Financial Corporation is exposed to changes in the regulation of financial services companies. SCBT Financial Corporation is exposed to negative public opinion, which could damage our reputation and adversely affect earnings. SCBT Financial Corporation is exposed to changes in accounting standards that could impact reported earnings. SCBT Financial Corporation is exposed to declines in the value of qualified pension plan assets or unfavorable changes in laws or regulations that govern pension plan funding, which could require the Company to provide significant amounts of funding for its qualified pension plan. SCBT Financial Corporation may make future acquisitions, which could dilute current shareholders ownership of the Company s stock and may cause the Company to become more susceptible to adverse economic events. SCBT Financial Corporation is exposed to difficulties in combining the operations of acquired entities with the Company s own operations, which may prevent the Company from achieving the expected benefits from its acquisitions. SCBT Financial Corporation is exposed to a volatile stock price. SCBT Financial Corporation is exposed to conditions or assumptions different from the judgments, assumptions or estimates used in the Company s critical accounting policies, the accuracy of our financial statements and related disclosures could be affected.

Full 10-K form ▸

764038--3/16/2006--SCBT_FINANCIAL_CORP