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Wiki Wiki Summary
Computably inseparable In computability theory, two disjoint sets of natural numbers are called computably inseparable or recursively inseparable if they cannot be "separated" with a computable set. These sets arise in the study of computability theory itself, particularly in relation to Π01 classes.
Savings and loan crisis The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of 1,043 out of the 3,234 savings and loan associations (S&Ls) in the United States from 1986 to 1995. An S&L or "thrift" is a financial institution that accepts savings deposits and makes mortgage, car and other personal loans to individual members (a cooperative venture known in the United Kingdom as a building society).
Capital market A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments.
Impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a scientometric index calculated by Clarivate that reflects the yearly mean number of citations of articles published in the last two years in a given journal, as indexed by Clarivate's Web of Science. As a journal-level metric, it is frequently used as a proxy for the relative importance of a journal within its field; journals with higher impact factor values are given the status of being more important, or carry more prestige in their respective fields, than those with lower values.
The Five People You Meet in Heaven The Five People You Meet In Heaven is a 2003 novel by Mitch Albom. It follows the life and death of a ride mechanic named Eddie (inspired by Albom's uncle) who is killed in an amusement park accident and sent to heaven, where he encounters five people who had a significant impact on him while he was alive.
Palm Islands The Palm Islands are three man made artificial islands, Palm Jumeirah, Deira Island and Palm Jebel Ali, on the coast of Dubai, United Arab Emirates. The Palm Islands are a major tourist destination within Dubai.
Red corridor The red corridor, also called the red zone, is the region in the eastern, central and the southern parts of India where the Naxalite–Maoist insurgency has the strongest presence. It has been steadily diminishing in terms of geographical coverage and number of violent incidences, and in 2021 it was confined to 25 "most affected" (accounting for 85% of LWE violence) and 70 "total affected" districts (down from 180 in 2009) across 10 states in two coal rich, remote, forested hilly clusters in and around Dandakaranya-Chhattisgarh-Odisha region and tri-junction area of Jharkhand-Bihar and-West Bengal.The Naxalite group mainly consists of the armed cadres of the Communist Party of India (Maoist).
Special Activities Center The Special Activities Center (SAC) is a division of the Central Intelligence Agency responsible for covert operations and paramilitary operations. The unit was named Special Activities Division (SAD) prior to 2015.
Profit (economics) An economic profit is the difference between the revenue a commercial entity has received from its outputs and the opportunity costs of its inputs. It equals to total revenue minus total cost, including both explicit and implicit costs.
Loanword A loanword (also loan word or loan-word) is a word permanently adopted from one language (the donor language) and incorporated into another language without translation. This is in contrast to cognates, which are words in two or more languages that are similar because they share an etymological origin, and calques, which involve translation.
External commercial borrowing External commercial borrowing (ECBs) are loans in India made by non-resident lenders in foreign currency to Indian borrowers. They are used widely in India to facilitate access to foreign money by Indian corporations and PSUs (public sector undertakings).
Priority sector lending Priority sector lending is lending to those sectors of the economy which may not otherwise receive timely and adequate credit. This role is assigned by the Reserve Bank of India to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture and allied activities, micro- and small enterprises, education, housing for the poor, and other low-income groups and weaker sections.
Title insurance Title insurance is a form of indemnity insurance predominantly found in the United States and Canada which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans. Unlike some land registration systems in countries outside the United States, US states' recorders of deeds generally do not guarantee indefeasible title to those recorded titles.
Market liquidity In business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price. Liquidity involves the trade-off between the price at which an asset can be sold, and how quickly it can be sold.
COVID-19 pandemic by country and territory This is a general overview and status of places affected by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus which causes coronavirus disease 2019 (COVID-19) and is responsible for the COVID-19 pandemic. The first human cases of COVID-19 were identified in Wuhan, the capital of the province of Hubei in China in December 2019.
Hibakusha Hibakusha (pronounced [çibaꜜkɯ̥ɕa] or [çibakɯ̥ꜜɕa]; Japanese: 被爆者 or 被曝者; lit. "person affected by a bomb" or "person affected by exposure [to radioactivity]") is a word of Japanese origin generally designating the people affected by the atomic bombings of Hiroshima and Nagasaki at the end of World War II.\n\n\n== Definition ==\nThe word hibakusha is Japanese, originally written in kanji.
Russell Investments Russell Investments is an investment firm headquartered in Seattle, Washington.\n\n\n== Corporate overview ==\nAccording to American Banker, Russell Investments has approximately $300 billion of assets under management, as of September 2019.
Material Material is a substance or mixture of substances that constitutes an object. Materials can be pure or impure, living or non-living matter.
List of Federal Reserve branches There are 24 Federal Reserve branches. There were 25 branches but in October 2008 the Federal Reserve Bank of New York Buffalo Branch was closed.
2020 United States census The United States census of 2010 was the twenty-third United States national census. National Census Day, the reference day used for the census, was April 1, 2010.
Amortized analysis In computer science, amortized analysis is a method for analyzing a given algorithm's complexity, or how much of a resource, especially time or memory, it takes to execute. The motivation for amortized analysis is that looking at the worst-case run time can be too pessimistic.
Systemically important financial institution A systemically important financial institution (SIFI) is a bank, insurance company, or other financial institution whose failure might trigger a financial crisis. They are colloquially referred to as "too big to fail".As the financial crisis of 2007–2008 unfolded, the international community moved to protect the global financial system through preventing the failure of SIFIs, or, if one does fail, limiting the adverse effects of its failure.
International Council for Harmonisation of Technical Requirements for Pharmaceuticals for Human Use The International Council for Harmonisation of Technical Requirements for Pharmaceuticals for Human Use (ICH) is an initiative that brings together regulatory authorities and pharmaceutical industry to discuss scientific and technical aspects of pharmaceutical product development and registration.\nThe mission of the ICH is to promote public health by achieving greater harmonisation through the development of technical Guidelines and requirements for pharmaceutical product registration.Harmonisation leads to a more rational use of human, animal and other resources, the elimination of unnecessary delay in the global development, and availability of new medicines while maintaining safeguards on quality, safety, efficacy, and regulatory obligations to protect public health.
Regulatory technology Regulatory technology, Abrv: regtech, is a new technology that uses information technology to enhance regulatory and compliance processes. Regtech expands across all industries, including: financial services, banking, technology, retail, gaming and healthcare.
Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.
Financial technology Financial technology (abbreviated fintech or FinTech) is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.
Fishing rod A fishing rod is a long, thin rod used by anglers to catch fish by manipulating a line ending in a hook (formerly known as an angle, hence the term "angling"). At its most basic form, a fishing rod is a straight rigid stick/pole with a line attached to one end (as seen in traditional Tenkara fishing); however, modern rods are usually elastic and generally have the line stored in a reel mounted at the rod handle, which is hand-cranked and controls the line retrieval, as well as numerous line-restricting rings (also known as line guides) that distribute bending stress along the rod and help dampening down/prevent line whipping and entanglement.
Fly fishing Fly fishing is an angling method that uses a light-weight lure—called an artificial fly—to catch fish. The fly is cast using a fly rod, reel, and specialized weighted line.
Government-owned and controlled corporation In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
Companys, procés a Catalunya Companys, procés a Catalunya (Spanish: Companys, proceso a Cataluña) is a 1979 Spanish Catalan drama film directed by Josep Maria Forn, based on the last months of the life of the President of Catalonia, Lluís Companys, in which he shows his detention by the Nazis and his subsequent execution by the Spanish Francoists. It competed in the Un Certain Regard section at the 1979 Cannes Film Festival.
Holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself.
Emirates subsidiaries Emirates Airline has diversified into related industries and sectors, including airport services, event organization, engineering, catering, and tour operator operations. Emirates has four subsidiaries, and its parent company has more than 50.
Alphabet Inc. Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California.
List of natural disasters by death toll A natural disaster is a sudden event that always causes widespread destruction, major collateral damage or loss of life, brought about by forces other than the acts of human beings. A natural disaster might be caused by earthquakes, flooding, volcanic eruption, landslide, hurricanes etc.
Natural disasters in Japan Japan is the country that is most affected by natural disasters mainly due to it being in the Ring of Fire. Two out of the five most expensive natural disasters in recent history have occurred in Japan, in 1995 and 2011, costing $181 billion.
Lists of disasters The following are lists of disasters.\n\n\n== Natural disasters ==\nA natural disaster is a major adverse event resulting from natural processes of the earth.
Risk Factors
AUBURN NATIONAL BANCORPORATION INC ITEM 1A RISK FACTORS Our future success is dependent on our ability to compete effectively in highly competitive markets
The Alabama banking market in which we do business is highly competitive and our future growth and success will depend on our ability to compete effectively in these markets
We compete for loans, deposits and other financial services in our markets with other local, regional and national commercial banks, thrifts, credit unions, mortgage lenders, and securities and insurance brokerage firms
Many of our competitors offer products and services different from us, and have substantially greater resources, name recognition and market presence than we do, which benefits them in attracting business
In addition, larger competitors may be able to price loans and deposits more aggressively than we are able to and have broader customer and geographic bases to draw upon
Our success depends on local economic conditions where we operate
Our success depends on the general economic conditions of the geographic markets we serve in Alabama
The local economic conditions in our markets have a significant impact on our commercial, real estate and construction loans, the ability of borrowers to repay these loans and the value of the collateral securing these loans
Adverse changes in the economic conditions of the Southeastern United States in general or in one or more of our local markets could negatively impact our results of operations and our profitability
Our cost of funds may increase as a result of general economic conditions, interest rates and competitive pressures
Our cost of funds may increase as a result of general economic conditions, interest rates and competitive pressures
We have traditionally obtained funds principally through local deposits and borrowings from other institutional lenders
Generally, we believe local deposits are a cheaper and more stable source of funds than borrowings because interest rates paid for local deposits are typically lower than interest rates charged for borrowings from other institutional lenders
Our profitability and liquidity may be affected by changes in interest rates and economic conditions
Our profitability depends upon net interest income, which is the difference between interest earned on assets, and interest expense on interest-bearing liabilities, such as deposits and borrowings
Net interest income will be adversely affected if market interest rates change such that the interest we pay on deposits and borrowings increases faster than the interest earned on loans and investments
Interest rates, and consequently our results of operations, are affected by general economic conditions (domestic and foreign) and fiscal and monetary policies
Monetary and fiscal policies may materially affect the level and direction of interest rates
Beginning in June 2004, the Federal Reserve has raised the federal funds rate 14 times from 1dtta0prca to 4dtta50prca
Increases in interest rates generally decrease the market values of fixed-rate, interest-bearing investments and loans held and the production of mortgage and other loans, and therefore may adversely affect our liquidity and earnings
We are required to maintain capital to meet regulatory requirements, and if we fail to maintain sufficient capital, our financial condition, liquidity and results of operations would be adversely affected
We and the Bank must meet regulatory capital requirements
If we fail to meet these capital and other regulatory requirements, our financial condition, liquidity and results of operations would be materially and adversely affected
Our failure to remain “well capitalized” and “well managed” for regulatory purposes could affect customer confidence, our ability to grow, our costs of funds and FDIC insurance, our ability to raise brokered deposits, our ability to pay dividends on common stock, our ability to make acquisitions, and we would no longer meet the requirements for remaining a financial holding company
13 ______________________________________________________________________ [14]Index to Financial Statements We are subject to extensive regulation that could limit or restrict our activities and adversely affect our earnings
We are regulated by several regulators, including the Federal Reserve, the Alabama Superintendent, the SEC and the FDIC Our success is affected by state and federal regulations affecting banks, bank holding companies and the securities markets and our costs of compliance could adversely affect our earnings
Banking regulations are primarily intended to protect depositors, not shareholders
The financial services industry also is subject to frequent legislative and regulatory changes and proposed changes, the effects of which cannot be predicted
We may need to raise additional capital in the future, but that capital may not be available when it is needed or on favorable terms
We anticipate that our current capital resources will satisfy our capital requirements for the foreseeable future
We may, however, need to raise additional capital to support our continued growth
Our ability to raise additional capital, if needed, will depend, among other things, on conditions in the capital markets at that time, which are outside our control, and on our financial performance
If we cannot raise additional capital on acceptable terms when needed, our ability to further expand our operations through internal growth and acquisitions could be limited
Technological changes affect our business, and we may have fewer resources than many competitors to invest in technological improvements
The financial services industry is undergoing rapid technological changes with frequent introductions of new technology-driven products and services
In addition to serving clients better, the effective use of technology may increase efficiency and may enable financial institutions to reduce costs
Our future success will depend, in part, upon our ability to use technology to provide products and services that provide convenience to customers and to create additional efficiencies in operations
We may need to make significant additional capital investments in technology in the future, and we may not be able to effectively implement new technology-driven products and services
Many competitors have substantially greater resources to invest in technological improvements
Our ability to continue to pay dividends to shareholders in the future is subject to profitability, capital, liquidity and regulatory requirements and these limitations may prevent us from paying dividends in the future
Cash available to pay dividends to the Company’s shareholders is derived primarily from dividends paid to the Company by its subsidiaries
The ability of the Company’s subsidiaries to pay dividends, as well as our ability to pay dividends to its shareholders, will continue to be subject to and limited by the results of operations of our subsidiaries and its need to maintain appropriate liquidity and capital consistent with regulatory requirements and the needs of its businesses
Our common stock is not heavily traded
Although our common stock is listed for trading in the Nasdaq Capital Market, the trading volume in our common stock is less than that of other larger financial services companies
A public trading market having the desired characteristics of depth, liquidity and orderliness depends on the presence in the marketplace of willing buyers and sellers of our common stock at any given time
This presence depends on the individual decisions of investors and general economic and market conditions over which we have no control
Given the lower trading volume of our common stock, significant sales of our common stock, or the expectation of these sales, could cause our stock price to fall
Severe weather, natural disasters, acts of war or terrorism or other external events could have a significant impact on our business
Severe weather, natural disasters, acts of war or terrorism or other external events could have a significant impact on our ability to conduct business
Such events could affect the stability of our deposit base, impair the ability of borrowers to repay outstanding loans, impair the value of collateral securing loans, cause significant property damage, result in loss of revenue and/or cause us to incur additional expenses
Although management has established disaster recovery policies and procedures, the occurrence of any such event could have a material adverse effect on our business, which, in turn, could have a material adverse effect on our financial condition and results of operations
14 ______________________________________________________________________ [15]Index to Financial Statements