| Industries |
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| Investment Banking and Brokerage |
| Asset Management and Custody Banks |
| Real Estate |
| Real Estate Services |
| Exposures |
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| Provide |
| Economic |
| Military |
| Political reform |
| Event Codes |
|---|
| Military blockade |
| Solicit support |
| Warn |
| Adjust |
| Reward |
| Yield to order |
| Demand |
| Agree |
| Sports contest |
| Host meeting |
| Wiki | Wiki Summary |
|---|---|
| Passeig de Lluís Companys, Barcelona | Passeig de Lluís Companys (Catalan pronunciation: [pəˈsɛdʒ də ʎuˈis kumˈpaɲs]) is a promenade in the Ciutat Vella and Eixample districts of Barcelona, Catalonia, Spain, and can be seen as an extension of Passeig de Sant Joan. It was named after President Lluís Companys, who was executed in 1940. |
| List of largest companies in the United States by revenue | This list comprises the largest companies in the United States by revenue as of 2022, according to the Fortune 500 tally of companies. Retail corporation Walmart has been the largest company in the US by revenue since 2014. |
| Uncertainty | Uncertainty refers to epistemic situations involving imperfect or unknown information. It applies to predictions of future events, to physical measurements that are already made, or to the unknown. |
| Propagation of uncertainty | In statistics, propagation of uncertainty (or propagation of error) is the effect of variables' uncertainties (or errors, more specifically random errors) on the uncertainty of a function based on them. When the variables are the values of experimental measurements they have uncertainties due to measurement limitations (e.g., instrument precision) which propagate due to the combination of variables in the function. |
| Measurement uncertainty | In metrology, measurement uncertainty is the expression of the statistical dispersion of the values attributed to a measured quantity. All measurements are subject to uncertainty and a measurement result is complete only when it is accompanied by a statement of the associated uncertainty, such as the standard deviation. |
| Cone of Uncertainty | In project management, the Cone of Uncertainty describes the evolution of the amount of best case uncertainty during a project. At the beginning of a project, comparatively little is known about the product or work results, and so estimates are subject to large uncertainty. |
| Agile management | Agile management is the application of the principles of Agile software development to various management processes, particularly project management. Following the appearance of the Manifesto for Agile Software Development in 2001, Agile techniques started to spread into other areas of activity. |
| Network management | Network management is the process of administering and managing computer networks. Services provided by this discipline include fault analysis, performance management, provisioning of networks and maintaining quality of service. |
| Women Management | Women Management is a modeling agency based in New York. Founded by Paul Rowland in 1988, Women also has two sister agencies, Supreme Management and Women 360 Management, which is also part of the Women International Agency Chain. |
| Dancing with the Devil... the Art of Starting Over | Dancing with the Devil... the Art of Starting Over is the seventh studio album by American singer Demi Lovato. |
| You've Got to Be Carefully Taught | "You've Got to Be Carefully Taught" (sometimes "You've Got to Be Taught" or "Carefully Taught") is a show tune from the 1949 Rodgers and Hammerstein musical South Pacific.\nSouth Pacific received scrutiny for its commentary regarding relationships between different races and ethnic groups. |
| Current Expected Credit Losses | Current Expected Credit Losses (CECL) is a credit loss accounting standard (model) that was issued by the Financial Accounting Standards Board (FASB) on June 16, 2016. CECL replaces the current Allowance for Loan and Lease Losses (ALLL) accounting standard. |
| Monetary policy | Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency.\nMonetary policy is a modification of the supply of money, i.e. |
| Competition | Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc. |
| International Monetary Fund | The International Monetary Fund (IMF) is an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. |
| Recession | In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). |
| Market area | A market area is a geographic zone containing the people who are likely to purchase a firm's goods or services. |
| 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. |
| Financial services | Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises.\n\n\n== History ==\n\nThe term "financial services" became more prevalent in the United States partly as a result of the Gramm–Leach–Bliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge.Companies usually have two distinct approaches to this new type of business. |
| Banking in India | Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791.The largest and the oldest bank which is still in existence is the State Bank of India (SBI). |
| German Banking Industry Committee | The German Banking Industry Committee (GBIC) (German: Die Deutsche Kreditwirtschaft / DK), previously known as the Central Credit Committee (German: Zentraler Kreditausschuss / ZKA) is an industry association of the German banking industry. Its decisions are held normative for the national banking sector – either directly by interbank treaties or indirectly by preparing a corresponding ministerial or Bundesbank decision. |
| Allowance for Loan and Lease Losses | In banking, the Allowance for Loan and Lease Losses (ALLL), formerly known as the reserve for bad debts, is a calculated reserve that financial institutions establish in relation to the estimated credit risk within the institution's assets. This credit risk represents the charge-offs that will most likely be realized against an institution's operating income as of the financial statement end date. |
| PIK loan | A PIK, or payment in kind, is a type of high-risk loan or bond that allows borrowers to pay interest with additional debt, rather than cash. That makes it an expensive, high-risk financing instrument since the size of the debt may increase quickly, leaving lenders with big losses if the borrower is unable to pay back the loan. |
| OpenTheBooks | OpenTheBooks.com is an American nonprofit organization based in the Chicago suburb of Burr Ridge, Illinois. It describes itself as a transparency group devoted to posting online all the disclosed spending of every level of government across the United States. |
| 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. |
| 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. |
| 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. |
| Competitor analysis | Competitive analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. This analysis provides both an offensive and defensive strategic context to identify opportunities and threats. |
| Competitor backlinking | Competitor backlinking is a search engine optimization strategy that involves analyzing the backlinks of competing websites within a vertical search. The outcome of this activity is designed to increase organic search engine rankings and to gain an understanding of the link building strategies used by business competitors.By analyzing the backlinks to competitor websites, it is possible to gain a benchmark on the number of links and the quality of links that is required for high search engine rankings. |
| List of female fitness and figure competitors | This is a list of female fitness and figure competitors.\n\n\n== A ==\nJelena Abbou\n\n\n== B ==\nLauren Beckham\nAlexandra Béres\nSharon Bruneau\n\n\n== C ==\nNatalie Montgomery-Carroll\nJen Cassetty\nKim Chizevsky\nSusie Curry\n\n\n== D ==\nDebbie Dobbins\nNicole Duncan\n\n\n== E ==\nJamie Eason\nAlexis Ellis\n\n\n== F ==\nAmy Fadhli\nJaime Franklin\n\n\n== G ==\nAdela García \nConnie Garner\nElaine Goodlad\nTracey Greenwood\nOksana Grishina\n\n\n== H ==\nMallory Haldeman\nVanda Hădărean\nJen Hendershott\nSoleivi Hernandez\nApril Hunter\n\n\n== I ==\n\n\n== J ==\nTsianina Joelson\n\n\n== K ==\nAdria Montgomery-Klein\nAshley Kaltwasser\n\n\n== L ==\nLauren Lillo\nMary Elizabeth Lado\nTammie Leady\nJennifer Nicole Lee\nAmber Littlejohn\nJulie Lohre\nJenny Lynn\n\n\n== M ==\nTimea Majorová\nLinda Maxwell\nDavana Medina\nJodi Leigh Miller\nChisato Mishima\n\n\n== N ==\nKim Nielsen\n\n\n== O ==\n\n\n== P ==\nVicky Pratt\nElena Panova\nChristine Pomponio-Pate\nCathy Priest\n\n\n== Q ==\n\n\n== R ==\nMaite Richert\nCharlene Rink\nKelly Ryan\n\n\n== S ==\nErin Stern\nCarol Semple-Marzetta\nKrisztina Sereny\nTrish Stratus (Patricia Anne Stratigias)\n\n\n== T ==\nKristi Tauti\nJennifer Thomas\n\n\n== U ==\n\n\n== V ==\nLisa Marie Varon\n\n\n== W ==\nLatisha Wilder\nTorrie Wilson\nLyen Wong\nJenny Worth\nNicole Wilkins\n\n\n== Y ==\n\n\n== Z ==\nMarietta Žigalová\nMalika Zitouni\n\n\n== See also ==\nList of female bodybuilders\n\n\n== References ==\nThere has been a rise in the number of women wanting to compete as fitness models. |
| New York Codes, Rules and Regulations | The New York Codes, Rules and Regulations (NYCRR) contains New York state rules and regulations. The NYCRR is officially compiled by the New York State Department of State's Division of Administrative Rules. |
| Black ice | Black ice, sometimes called clear ice, is a thin coating of glaze ice on a surface, especially on roads. The ice itself is not black, but visually transparent, allowing the often black road below to be seen through it. |
| Kellan Lutz | Kellan Christopher Lutz (born March 15, 1985) is an American actor and model. He made his film debut in Stick It (2006), and was best known for playing Emmett Cullen in The Twilight Saga film series (2008–2012). |
| Military rank | Military ranks are a system of hierarchical relationships, within an armed forces, police, intelligence agencies or other institutions organized along military lines. The military rank system defines dominance, authority, and responsibility in a military hierarchy. |
| Good Friday Agreement | The Good Friday Agreement (GFA), or Belfast Agreement (Irish: Comhaontú Aoine an Chéasta or Comhaontú Bhéal Feirste; Ulster-Scots: Guid Friday Greeance or Bilfawst Greeance), is a pair of agreements signed on 10 April 1998 that ended most of the violence of the Troubles, a political conflict in Northern Ireland that had ensued since the late 1960s. It was a major development in the Northern Ireland peace process of the 1990s. |
| Master service agreement | A master service agreement, sometimes known as a framework agreement, is a contract reached between parties, in which the parties agree to most of the terms that will govern future transactions or future agreements.\nA master agreement delineates a schedule of lower-level service agreements, permitting the parties to quickly enact future transactions or agreements, negotiating only the points specific to the new transactions and relying on the provisions in the master agreement for common terms. |
| Risk Factors |
|---|
| COMMONWEALTH BANKSHARES INC Item 1A Risk Factors An investment in the Company’s common stock involves significant risks inherent to the Company’s business |
| The risks and uncertainties that management believes affect or could affect the Company are described below |
| You should carefully read and consider these risks and uncertainties described below together with all of the other information included in this report, before you decide to invest in our common stock |
| We may incur losses if we are unable to successfully manage interest rate risk |
| Our profitability will depend in substantial part upon the spread between the interest rates earned on investments and loans and interest rates paid on deposits and other interest-bearing liabilities |
| These rates are normally in line with our competition which rises and falls based on the Asset Liability Committee’s vision of the Company’s needs |
| Changes in interest rates will affect our operating performance and financial condition in diverse ways including the pricing of securities, loans and deposits, and the volume of loan originations in our mortgage banking business |
| We attempt to minimize our exposure to interest rate risk, but we will be unable to eliminate it |
| Our net interest spread will depend on many factors that are partly or entirely outside our control, including competition, federal economic, monetary and fiscal policies, and economic conditions generally |
| We may be adversely affected by economic conditions in our market area |
| Our current market area is primarily in the South Hampton Roads portion of Virginia, which includes the cities of Norfolk, Chesapeake, Virginia Beach and Portsmouth |
| In the event of an economic downturn in this market, the lack of geographic diversification could adversely affect the banking business and, consequently, our results of operations and financial condition |
| Changes in the economy may influence the growth rate of our loans and deposits, the quality of the loan portfolio, loan and deposit pricing and the performance of our mortgage banking and title insurance subsidiaries |
| A significant decline in general economic conditions caused by inflation, recession, unemployment or other factors beyond our control would impact these local economic conditions and the demand for banking products and services generally, which could negatively affect our financial condition and performance |
| Although we might not have significant credit exposure to all the businesses in our areas, the downturn in any of these businesses could have a negative impact on local economic conditions and real estate collateral values generally, which could negatively affect our profitablility |
| Our concentration in loans secured by real estate may increase our credit losses, which would negatively affect our financial results |
| We offer a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer and other loans |
| A major change in the real estate market, such as a deterioration in the value of this collateral, or in the local or national economy, could adversely affect our customer’s ability to pay these loans, which in turn could impact us |
| Risk of loan defaults and foreclosures are unavoidable in the banking industry, and we try to limit our exposure to this risk by monitoring our extensions of credit carefully |
| We cannot fully eliminate credit risk, and as a result credit losses may occur in the future |
| If our allowance for loan losses becomes inadequate, our results of operations may be adversely affected |
| We maintain an allowance for loan losses that we believe is a reasonable estimate of known and inherent losses in our loan portfolio |
| Through a periodic review and consideration of the loan portfolio, management determines the amount of the allowance for loan losses by considering general market conditions, credit quality of the loan portfolio, the collateral supporting the loans and performance of our customers relative to their financial obligations with us |
| The amount of future losses is susceptible to changes in economic, operating and other conditions, including changes in interest rates, which may be beyond our control, and these losses may exceed our current estimates |
| Rapidly growing loan portfolios are, by their nature, unseasoned |
| As a result, estimating loan loss allowances is more difficult, and may be more susceptible to changes in estimates, and to losses exceeding estimates, than more seasoned portfolios |
| Although we believe the allowance for loan losses is a reasonable estimate of known and inherent losses in our loan portfolio, we cannot fully predict such losses or that our loan loss allowance will be adequate in the future |
| Excessive loan losses could have a material impact on our financial performance |
| Consistent with our loan loss reserve methodology, we expect to make additions to our loan loss reserve levels as a result of our loan growth, which may affect our short-term earnings |
| Federal and state regulators periodically review our allowance for loan losses and may require us to increase our provision for loan losses or recognize further loan charge-offs, based on judgments different than those of our management |
| Any increase in the amount of our provision or loans charged-off as required by these regulatory agencies could have a negative effect on our operating results |
| 6 ______________________________________________________________________ [32]Table of Contents Our future success is dependent on our ability to compete effectively in the highly competitive banking industry |
| We face vigorous competition from other banks and other financial institutions, including savings and loan associations, savings banks, finance companies and credit unions for deposits, loans and other financial services in our market area |
| A number of these banks and other financial institutions are significantly larger than we are and have substantially greater access to capital and other resources, as well as larger lending limits and branch systems, and offer a wider array of banking services |
| To a limited extent, we also compete with other providers of financial services, such as money market mutual funds, brokerage firms, consumer finance companies, insurance companies and governmental organizations which may offer more favorable financing than we can |
| Many of our non-bank competitors are not subject to the same extensive regulations that govern us |
| As a result, these non-bank competitors have advantages over us in providing certain services |
| This competition may reduce or limit our margins and our market share and may adversely affect our results of operations and financial condition |
| Our profitability may suffer because of rapid and unpredictable changes in the highly regulated environment in which we operate |
| The banking industry is subject to extensive regulation by state and federal banking authorities |
| Many of the banking regulations we are governed by are intended to protect depositors, the public or the insurance funds maintained by the Federal Deposit Insurance Corporation, not shareholders |
| Banking regulations affect our lending practices, capital structure, investment practices, dividend policy and many other aspects of our business |
| These requirements may constrain our rate of growth and changes in regulations could adversely affect us |
| The burden imposed by these federal and state regulations may place banks in a competitive disadvantage compared to less regulated competitors |
| In addition, the cost of compliance with regulatory requirements could adversely affect our ability to operate profitably |
| We rely heavily on our management team and the unexpected loss of any of those personnel could adversely affect our operations; we depend on our ability to attract and retain key personnel |
| Our success depends substantially on the banking relationships maintained with our customers and the skills and abilities of our executive and senior officers |
| We have entered into employment agreements with our executive officers and other senior officers |
| The existence of such agreements, however, does not necessarily assure that we will be able to continue to retain their services |
| The unexpected loss of any of our key employees could have a material adverse effect on our business and possibly result in reduced revenues and earnings |
| We do maintain key man life insurance on key officers to provide the Company with some financial protection |
| Our business success is also dependent upon our ability to continue to attract, hire, motivate and retain skilled personnel to develop new customer relationships as well as new financial products and services |
| Many experienced banking professionals employed by our competitors are covered by agreements not to compete or solicit their existing customers if they were to leave their current employment |
| These agreements make the recruitment of these professionals more difficult |
| The market for these people is competitive, and we cannot assure you that we will be successful in attracting, hiring, motivating or retaining them |