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Sumitomo Mitsui Banking Corporation Sumitomo Mitsui Banking Corporation Group (SMBC Group; 株式会社三井住友銀行, Kabushiki-gaisha Mitsui Sumitomo Ginkō) is a Japanese multinational banking and financial services institution headquartered in Yurakucho, Chiyoda, Tokyo, Japan. The group operates in retail, corporate, and investment banking segment worldwide.
Citizens Republic Bancorp Citizens Republic Bancorp (primary operating name Citizens Bank) was an American bank headquartered in Flint, Michigan that merged with FirstMerit Bank in 2013. Citizens Republic Bancorp operated in the states of Michigan, Ohio, Indiana, and Wisconsin.
Bank South Pacific Bank South Pacific (or BSP) is the largest bank in Papua New Guinea, with 35 branches throughout the country and in 6 countries. BSP currently services over 650,000 business banking customers throughout the Pacific.
Citizens & Southern National Bank Citizens and Southern National Bank (C&S) began as a Georgia institution that expanded into South Carolina, Florida and into other states via mergers. Headquartered in Atlanta, Georgia; it was the largest bank in the Southeast for much of the 20th century.
Sovereign citizen movement The sovereign citizen movement (also SovCit movement or SovCits) is a loose grouping of primarily American litigants, activists, commentators, tax protesters, financial scheme promoters, and conspiracy theorists, who claim to be answerable only to their particular interpretations of the common law and to not be subject to any government statutes or proceedings, unless they consent to them. The sovereign citizen movement is one of the main contemporary sources of pseudolaw : movement members notably believe that courts and government authorities have no actual jurisdiction over people and that the use of certain procedures and loopholes can make one immune from government laws.
Northern Trust Northern Trust Corporation is a financial services company headquartered in Chicago that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation.
Preferred stock Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument. Preferred stocks are senior (i.e., higher ranking) to common stock but subordinate to bonds in terms of claim (or rights to their share of the assets of the company, given that such assets are payable to the returnee stock bond) and may have priority over common stock (ordinary shares) in the payment of dividends and upon liquidation.
Matthiola incana Matthiola incana is a species of flowering plant in the cabbage family Brassicaceae. Common names include Brompton stock, common stock, hoary stock, ten-week stock, and gilly-flower.
Consolidation (business) In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones. In the context of financial accounting, consolidation refers to the aggregation of financial statements of a group company as consolidated financial statements.
Stock market A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind.
Convertible bond In finance, a convertible bond or convertible note or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value. It is a hybrid security with debt- and equity-like features.
Public company A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company).
Difficult to Cure Difficult to Cure is the fifth studio album by the British hard rock band Rainbow, released in 1981. The album marked the further commercialization of the band's sound, with Ritchie Blackmore once describing at the time his appreciation of the band Foreigner.
Difficult People Difficult People is an American dark comedy streaming television series created by Julie Klausner. Klausner stars alongside Billy Eichner as two struggling and jaded comedians living in New York City; the duo seemingly hate everyone but each other.
Healing Is Difficult Healing Is Difficult is the second studio album by Australian singer and songwriter Sia. It was released in the United Kingdom on 9 July 2001 and in the United States on 28 May 2002.
A Difficult Woman A Difficult Woman is an Australian television series which screened in 1998 on the ABC. The three part series starred Caroline Goodall, in the title role of a woman whose best friend is murdered and is determined to find out why. It was written by Nicholas Hammond and Steven Vidler and directed by Tony Tilse.
Difficult Loves Difficult Loves (Italian: Gli amori difficili) is a 1970 short story collection by Italo Calvino. It concerns love and the difficulty of communication.
Second-language acquisition Second-language acquisition (SLA), sometimes called second-language learning — otherwise referred to as L2 (language 2) acquisition, is the process by which people learn a second language. Second-language acquisition is also the scientific discipline devoted to studying that process.
For Love or Money (2014 film) For Love or Money (Chinese: 露水红颜) is a Chinese romance film based on Hong Kong novelist Amy Cheung's 2006 novel of the same name. The film was directed by Gao Xixi and starring Liu Yifei and Rain.
The Globe Sessions The Globe Sessions is the third studio album by American singer-songwriter Sheryl Crow, released on September 21, 1998, in the United Kingdom and September 29, 1998, in the United States, then re-released in 1999. It was nominated for Album of the Year, Best Rock Album and Best Engineered Non-Classical Album at the 1999 Grammys, winning the latter two awards.
List of states with limited recognition A number of polities have declared independence and sought diplomatic recognition from the international community as de jure sovereign states, but have not been universally recognised as such. These entities often have de facto control of their territory.
Speech recognition Speech recognition is an interdisciplinary subfield of computer science and computational linguistics that develops methodologies and technologies that enable the recognition and translation of spoken language into text by computers with the main benefit of searchability. It is also known as automatic speech recognition (ASR), computer speech recognition or speech to text (STT).
Activity recognition Activity recognition aims to recognize the actions and goals of one or more agents from a series of observations on the agents' actions and the environmental conditions. Since the 1980s, this research field has captured the attention of several computer science communities due to its strength in providing personalized support for many different applications and its connection to many different fields of study such as medicine, human-computer interaction, or sociology.
Recognition sequence A recognition sequence is a DNA sequence to which a structural motif of a DNA-binding domain exhibits binding specificity. Recognition sequences are palindromes.The transcription factor Sp1 for example, binds the sequences 5'-(G/T)GGGCGG(G/A)(G/A)(C/T)-3', where (G/T) indicates that the domain will bind a guanine or thymine at this position.
List of holding companies Under the United States Bank Holding Company Act, financial and bank holding companies are regulated by the US Federal Reserve. Companies whose elections to be treated as financial holding companies are effective include:\n\n\n== 0 - 9 ==\n1ST UNITED BANCORP, INC., Boca Raton, Florida\n\n\n== A ==\nAckermans & van Haaren, Antwerp, Belgium\nAlly Financial, Detroit, Michigan\nAlerus Financial, Grand Forks, North Dakota\nAlphabet, Mountain View, California\nAmerican Express, New York, New York\nApple Bank for Savings, New York, New York\nAustralia and New Zealand Banking Group, Melbourne, Australia\n\n\n== B ==\nBancFirst Corporation, Oklahoma City, Oklahoma\nBanco Bradesco, Osasco, Brazil\nBanco do Brasil, Brasilia, Brazil\nBancorpSouth, Tupelo, Mississippi\nBank Hapoalim, Tel Aviv, Israel\nBank of America Corporation, Charlotte, North Carolina\nBank of Montreal, Montreal, Canada\nThe Bank of New York Mellon Corporation, New York, New York\nBank of Nova Scotia, Toronto, Canada\nBarclays, London, England\nBerkshire Hathaway, America\nBNP Paribas, Paris, France\nBOK Financial Corporation, Tulsa, Oklahoma\nBusey Bank, Urbana, Illinois\nBooking Holdings, Norwalk, Connecticut\n\n\n== C ==\nCAJA DE AHORROS Y MONTE DE PIEDAD DE MADRID, Madrid, Spain\nCanadian Imperial Bank of Commerce, Toronto, Canada\nCapital One Financial Corporation, McLean, Virginia\nCardinal Financial Corporation, McLean, Virginia\nCitigroup Inc., New York, New York\nCitizens Bancorp, Corvallis, Oregon\nCity National Corporation, Beverly Hills, California\nComerica Incorporated, Dallas, Texas\nCommerzbank AG, Frankfurt, Germany\nCrédit Agricole S.A., Paris, France\nCredit Suisse Group, Zurich, Switzerland\nCULLEN/FROST BANKERS, INC., San Antonio, Texas\n\n\n== D ==\nDeutsche Bank AG, Frankfurt, Germany\nDiscover Financial Services, Riverwoods, Illinois\nDNB NOR ASA, Oslo, Norway\nDoral Financial Corporation, San Juan, Puerto Rico\nDREXEL MORGAN & CO., Radnor, Pennsylvania\nDZ Bank AG, Frankfurt, Germany\n\n\n== E ==\nEAST WEST BANCORP, INC., Pasadena, California\n\n\n== F ==\nFIFTH THIRD BANCORP, Cincinnati, Ohio\nFIRST BANCORP, San Juan, Puerto Rico\nFIRST CITIZENS BANCORPORATION, INC., Columbia, South Carolina\nFirst Citizens BancShares, Inc., Dyersburg, Tennessee\nFirst Citizens BancShares, Inc., Raleigh, North Carolina\nFirst City Monument Bank Ltd, Lagos, Nigeria\nFirst Commonwealth Financial Corporation, Indiana, Pennsylvania\nFIRST HORIZON NATIONAL CORPORATION, Memphis, Tennessee\nFIRST INTERSTATE BANCSYSTEM, INC., Billings, Montana\nFirst Merchants Corporation, Muncie, Indiana\nFMDQ Holdings PLC, Lagos, Nigeria\nFNB Corporation, Hermitage, PennsylvaniaFMDQ Holdings PLC, Lagos, Nigeria\nFNB Corporation, Hermitage, Pennsylvania\n\n\n== G ==\nGoldman Sachs, New York, New York\nThe Governor and Company of the Bank of Ireland, Dublin, Ireland\nGreen Dot Corporation, Monrovia, California\n\n\n== H ==\nHeirs Holdings, Lagos, Nigeria\nHORIZON BANCORP, Michigan City, Indiana\nHSBC Holdings PLC, London, United Kingdom\nHSH NORDBANK AG, Hamburg, Germany\nHuntington Bancshares, Columbus, Ohio\n\n\n== I ==\nIBERIABANK CORPORATION, Lafayette, Louisiana\nInternational Bancshares Corporation, Laredo, Texas\n\n\n== J ==\nJPMorgan Chase, New York, New York\n\n\n== K ==\nKBC BANK NV, Brussels, Belgium\nKEYCORP, Cleveland, Ohio\nKLEIN FINANCIAL, INC., Chaska, Minnesota\n\n\n== L ==\nLANDESBANK BADEN-WÜRTTEMBERG, Stuttgart, Germany\nLauritzen Corporation, Omaha, Nebraska\nLloyds Banking Group, London, England\n\n\n== M ==\nM&T BANK CORPORATION, Buffalo, New York\nMAINSOURCE FINANCIAL GROUP, Greensburg, Indiana\nMIDWESTONE FINANCIAL GROUP, INC., Iowa City, Iowa\nMITSUBISHI UFJ FINANCIAL GROUP, INC., Tokyo, Japan\nMIZUHO FINANCIAL GROUP INC., Tokyo, Japan\nMORGAN STANLEY, New York, New York\n\n\n== N ==\nNATIONAL AUSTRALIA BANK LIMITED, Melbourne, Australia\nNational Bank of Canada, Montreal, Canada\nNATIXIS, Paris, France\nNatWest Group, Edinburgh, Scotland\nNBT BANCORP INC., Norwich, New York\nNEW YORK PRIVATE BANK & TRUST CORPORATION, New York, New York\nNorinchukin Bank, Tokyo, Japan.
Executive director An executive director is a member of a board of directors for an organisation, but the meaning of the term varies between countries.\n\n\n== United States ==\nIn the US, an executive director is a chief executive officer (CEO) or managing director of an organization, company, or corporation.
Nelson (director) Nelson Dilipkumar, credited in films as Nelson, is an Indian director and screenwriter who predominantly works in Tamil cinema. His films are known for featuring elements of Dark Humour.
Bala (director) Balasubramanian known as Bala is an Indian film director, screenwriter, and producer, working in Tamil cinema. Often considered to be one of the finest directors in Tamil, Bala is widely acclaimed for "revolutionizing Tamil cinema" through his realistic, dark and disturbing depiction of the working class on celluloid screen.Just within directing a handful of films, his movies went on to win 6 National Awards, 13 State awards, 15 Filmfare Awards, 14 International Festival Awards and numerous coveted state awards which created a storm within the Indian movie scene.
Incorporation A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and recognized as such in law for certain purposes.: 10  Early incorporated entities were established by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature).
Certificate of incorporation A certificate of incorporation is a legal document/license relating to the formation of a company or corporation. It is a license to form a corporation issued by state government or, in some jurisdictions, by non-governmental entity/corporation.
Municipal corporation A municipal corporation is the legal term for a local governing body, including (but not necessarily limited to) cities, counties, towns, townships, charter townships, villages, and boroughs. The term can also be used to describe municipally owned corporations.
Incorporation by reference In law, incorporation by reference is the act of including a second document within another document by only mentioning the second document. This act, if properly done, makes the entire second document a part of the main document.
Incorporation of international law The incorporation of international law is the process by which international agreements become part of the municipal law of a sovereign state. A country incorporates a treaty by passing domestic legislation that gives effect to the treaty in the national legal system.Whether incorporation is necessary depends on a country's domestic law.
Obliteration by incorporation In sociology of science, obliteration by incorporation (OBI) occurs when at some stage in the development of a science, certain ideas become so universally accepted and commonly used that their contributors are no longer cited. Eventually, its source and creator are forgotten ("obliterated") as the concept enters common knowledge (is "incorporated").
Risk Factors
CITIZENS SOUTH BANKING CORP Item 1A Risk Factors
7 ITEM 1A RISK FACTORS You should consider carefully the following risk factors in evaluating an investment in the shares of Citizens South Banking Corporation common stock
At December 31, 2005, Citizens South Banking Corporationapstas portfolio of commercial real estate, multifamily, and construction loans totaled dlra272dtta6 million, or 57dtta56prca of total gross loans, and its portfolio of commercial business loans totaled dlra30dtta1 million, or 6dtta36prca of total gross loans
These types of loans generally expose a lender to greater risk of non-payment and loss than one- to four-family residential mortgage loans because repayment of the loans often depends on the successful operations and the income stream of the borrowers
Such loans typically involve larger loan balances to single borrowers or groups of related borrowers compared to one- to four-family residential mortgage loans
Also, many of Citizens South Banking Corporationapstas borrowers have more than one commercial real estate or multi-family loan outstanding with it
Consequently, an adverse development with respect to one loan or one credit relationship can expose it to a significantly greater risk of loss compared to an adverse development with respect to a one- to four-family residential mortgage loan
Citizens South Banking Corporation May Fail to Realize the Anticipated Benefits of its Recent Merger
On October 31, 2005, Citizens South Bank completed its acquisition of Trinity Bank
The success of the merger will depend on, among other things, the Companyapstas ability to realize anticipated cost savings and to combine the businesses of Citizens South Bank and Trinity Bank in a manner that does not materially disrupt the existing customer relationships of Citizens South Bank or Trinity Bank or result in decreased revenues from any loss of customers
If the Company is not able to successfully achieve these objectives, the anticipated benefits of the merger may not be realized fully or at all or may take longer to realize than expected
Citizens South Banking Corporationapstas future growth and profitability depends, in part, on its ability to manage the combined operations of Citizens South Bank and Trinity Bank
For the acquisition to be successful, the Company will have to succeed in combining the personnel and operations of Citizens South Bank and Trinity Bank and in achieving expense savings by eliminating redundant operations
Citizens South Banking Corporation cannot assure you that its plan to integrate and operate the combined operations will be timely or efficient, or that it will successfully retain existing customer relationships of Trinity Bank
7 Citizens South Banking Corporationapstas results of operations and financial condition are significantly affected by changes in interest rates
Its results of operations depend substantially on net interest income, which is the difference between the interest income earned on interest-earning assets and the interest expense paid on interest-bearing liabilities
Because interest-earning assets generally reprice or mature more quickly than interest-bearing liabilities, a decrease in interest rates generally would result in a decrease in the Companyapstas net interest income
Based on results generated by its interest rate risk model, an immediate and sustained decrease of 200 basis points throughout the yield curve would decrease its annual net interest income by 17dtta0prca for the period ended December 31, 2005
The assumptions used in the model do not provide for actions that may be taken by management during the period to offset the effects of changes in interest rates on net interest income
Generally, the value of securities fluctuates inversely with changes in interest rates
At December 31, 2005, Citizens South Banking Corporationapstas investment and mortgage-backed securities available for sale totaled dlra123dtta7 million
Unrealized losses on securities available for sale, net of tax, amounted to dlra1dtta6 million and are reported as a separate component of stockholders &apos equity
Decreases in the fair value of securities available for sale, therefore, could have an adverse effect on stockholders &apos equity
Citizens South Banking Corporation also is subject to reinvestment risk associated with changes in interest rates
Decreases in interest rates can result in increased prepayments of loans and mortgage-related securities, as borrowers refinance to reduce borrowing costs
Under these circumstances, the Company is subject to reinvestment risk to the extent that it is unable to reinvest the cash received from such prepayments at rates that are comparable to the rates on existing loans and securities
Additionally, increases in interest rates may decrease loan demand and make it more difficult for borrowers to repay adjustable rate loans
Citizens South Banking Corporation has adopted stock option plans and recognition and retention plans
These stock-based benefit plans can be funded from the issuance of authorized but unissued shares of common stock or through open market purchases by Citizens South Banking Corporation
The Company currently is purchasing shares of its common stock in a Board-authorized share repurchase program
Stockholders will experience a reduction or dilution in ownership interest in the event newly issued shares, instead of repurchased shares, are used to fund stock option exercises and stock awards
Citizens South Banking Corporationapstas Recognition and Retention Plans Will Continue to be a Significant Cost, Which Will Reduce Profitability and Stockholders &apos Equity
Citizens South Banking Corporation has adopted recognition and retention plans
Under the plans, its officers and directors have been awarded, at no cost to them other than customary taxes for which they are responsible, shares of common stock
The shares of common stock awarded under the recognition plans are expensed by Citizens South Banking Corporation over their vesting period at the fair market value of the shares on the date they are awarded
Citizens South Banking Corporationapstas board of directors has no current intention to sell control of Citizens South Banking Corporation
Provisions of the Companyapstas certificate of incorporation and bylaws, federal regulations, Delaware law and various other factors may make it more difficult for companies or persons to acquire control of Citizens South Banking Corporation without the consent of its board of directors
As a Citizens South Banking Corporation stockholder, you may want a takeover attempt to succeed because, for example, a potential acquirer could offer a premium over the then-prevailing price of Citizens South Banking Corporationapstas common stock
The factors that may discourage takeover attempts or make them more difficult include: 8 Office of Thrift Supervision regulations
The charter of Citizens South Bank includes a provision that, for a period of five years after the mutual-to-stock conversion, prohibits any person from acquiring or offering to acquire, directly or indirectly, more than 10prca of any class of equity security of Citizens South Bank
The Company completed the mutual-to-stock conversion of its mutual holding company on September 30, 2002
Certificate of incorporation and statutory provisions
Provisions of the certificate of incorporation and bylaws of Citizens South Banking Corporation and Delaware law may make it more difficult and expensive to pursue a takeover attempt that management opposes
These provisions also would make it more difficult to remove Citizens South Banking Corporationapstas current board of directors or management, or to elect new directors
These provisions include limitations on voting rights of beneficial owners of more than 10prca of its common stock, supermajority voting requirements for certain business combinations and the election of directors to staggered terms of three years
Citizens South Banking Corporationapstas bylaws also contain provisions regarding the timing and content of stockholder proposals and nominations and qualification for service on the board of directors
Required change in control payments and issuance of stock options and recognition plan shares
Citizens South Banking Corporation has entered into employment agreements and change of control agreements with certain executive officers, which will require payments to be made to them in the event their employment is terminated following a change in control of Citizens South Banking Corporation or Citizens South Bank
Citizens South Banking Corporation also has adopted plans to permit additional issuances of stock options and recognition plan shares to key employees and directors that will require payments to them in connection with a change in control of Citizens South Banking Corporation
These payments will have the effect of increasing the costs of acquiring Citizens South Banking Corporation, thereby discouraging future takeover attempts