| Industries |
|---|
| Investment Banking and Brokerage |
| Consumer Electronics |
| Consumer Discretionary |
| Consumer Durables and Apparel |
| Consumer Services |
| Consumer Staples |
| Consumer Finance |
| Application Software |
| Internet Software and Services |
| Internet Retail |
| Independent Power Producers and Energy Traders |
| Commercial and Professional Services |
| Diversified Commercial Services |
| Exposures |
|---|
| Ease |
| Express intent |
| Regime |
| Economic |
| Leadership |
| Provide |
| Intelligence |
| Military |
| Event Codes |
|---|
| Military blockade |
| Request |
| Yield to order |
| Warn |
| Grant |
| Release or return |
| Demand |
| Accident |
| Sports contest |
| Acknowledge responsibility |
| Sanction |
| Solicit support |
| Wiki | Wiki Summary |
|---|---|
| December 17 | December 17 is the 351st day of the year (352nd in leap years) in the Gregorian calendar; 14 days remain until the end of the year.\n\n\n== Events ==\n\n\n=== Pre-1600 ===\n497 BC – The first Saturnalia festival was celebrated in ancient Rome. |
| December 18 | December 11 is the 345th day of the year (346th in leap years) in the Gregorian calendar; 20 days remain until the end of the year.\n\n\n== Events ==\n\n\n=== Pre-1600 ===\n220 – Emperor Xian of Han is forced to abdicate the throne by Cao Cao's son Cao Pi, ending the Han dynasty. |
| December 10 | December 10 is the 344th day of the year (345th in leap years) in the Gregorian calendar; 21 days remain until the end of the year.\n\n\n== Events ==\n\n\n=== Pre-1600 ===\n1317 – The "Nyköping Banquet": King Birger of Sweden treacherously seizes his two brothers Valdemar, Duke of Finland and Eric, Duke of Södermanland, who were subsequently starved to death in the dungeon of Nyköping Castle. |
| December 8 | December 3 is the 337th day of the year (338th in leap years) in the Gregorian calendar; 28 days remain until the end of the year.\n\n\n== Events ==\n\n\n=== Pre-1600 ===\n915 – Pope John X crowns Berengar I of Italy as Holy Roman Emperor (probable date). |
| December 1 | December is the twelfth and the final month of the year in the Julian and Gregorian calendars. It is also the last of seven months to have a length of 31 days. |
| December 26 | December 15 is the 349th day of the year (350th in leap years) in the Gregorian calendar; 16 days remain until the end of the year.\n\n\n== Events ==\n\n\n=== Pre-1600 ===\n533 – Vandalic War: Byzantine general Belisarius defeats the Vandals, commanded by King Gelimer, at the Battle of Tricamarum. |
| 2016 in aviation | This is a list of aviation-related events from 2016.\n\n\n== Events ==\n\n\n=== January ===\nThe Government of Italy permitted United States unmanned aerial vehicles (UAVs or drones) to fly strike missions from Naval Air Station Sigonella in Sicily where the US has operated unarmed surveillance UAVs since 2001 against Islamic State targets in Libya, but only if they are "defensive," protecting U.S. forces or rescuers retrieving downed pilots. |
| Adverse effect | An adverse effect is an undesired harmful effect resulting from a medication or other intervention, such as surgery. An adverse effect may be termed a "side effect", when judged to be secondary to a main or therapeutic effect. |
| Anthony Adverse | Anthony Adverse is a 1936 American epic historical drama film directed by Mervyn LeRoy and starring Fredric March and Olivia de Havilland. The screenplay by Sheridan Gibney draws elements of its plot from eight of the nine books in Hervey Allen's historical novel, Anthony Adverse. |
| Adverse party | An adverse party is an opposing party in a lawsuit under an adversary system of law. In general, an adverse party is a party against whom judgment is sought or "a party interested in sustaining a judgment or decree." For example, the adverse party for a defendant is the plaintiff. |
| Adverse (film) | Adverse is a 2020 American crime thriller film written and directed by Brian Metcalf and starring Thomas Nicholas, Lou Diamond Phillips, Sean Astin, Kelly Arjen, Penelope Ann Miller, and Mickey Rourke. It premiered at the Fantasporto Film Festival, Portugal's largest film festival, on February 28, 2020. |
| Diuretic | Diuresis () is increased urination (polyuria) or, in the related word senses more often intended, the physiologic process that produces such an increase or the administration of medications to encourage that process. It involves extra urine production in the kidneys as part of the body's homeostatic maintenance of fluid balance.In healthy people, the drinking of extra water produces mild diuresis to maintain the body water balance. |
| Internet | In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party. |
| Multifamily residential | Multifamily residential (also known as multidwelling unit or MDU) is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. Units can be next to each other (side-by-side units), or stacked on top of each other (top and bottom units). |
| Commercial property | Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages. |
| TruAmerica Multifamily | TruAmerica Multifamily is a Los Angeles-based multifamily investment firm that specializes in the acquisition and renovation of large class B apartment properties across the United States. Since its founding in 2013 by real estate investor Robert E. Hart, the company has acquired and/or asset manages a portfolio of more than 40,000 apartment units valued at roughly $10 billion. |
| Section 515 Rural Rental Housing | Section 515 Rural Rental Housing is a USDA rural housing program authorized under Section 515 of the Housing Act of 1949 (42 U.S.C. 1485). The Rural Housing Service (RHS) is authorized to make loans to provide rental housing for low- and moderate-income families in rural areas. |
| The Home Depot Pro | The Home Depot Pro, headquartered in Jacksonville, Florida, is one of the largest wholesale distributors and direct marketers of maintenance, repair and operations (MRO) products for non-industrial businesses in the United States. The Home Depot Pro distributes a broad range of products such as HVAC, janitorial supplies, plumbing supplies, and security supplies. |
| RealPage | RealPage is an American multinational corporation that provides property management software for the multifamily, commercial, single-family and vacation rental housing industries. Dana Jones is Chairman of the Board & Chief Executive Officer. |
| Mexico | Mexico, officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. |
| Brookfield Property Partners | Brookfield Property Partners L.P. is a global commercial real estate firm that is a publicly traded limited partnership and a subsidiary of Brookfield Asset Management, an alternative asset management company. Its portfolio includes properties in the office, multi-family residential, retail, hospitality, and logistics industries throughout North America, Europe, and Australia. |
| Bob Faith | Robert Alan Faith (born 1963/1964) is an American businessman, and the founder, chairman and chief executive officer (CEO) of Greystar Real Estate Partners.\n\n\n== Early life ==\nFaith grew up in Oklahoma, and earned a bachelor's degree in Petroleum Engineering from the University of Oklahoma, intending to pursue a career in the oil industry as his father had. |
| Alien (law) | In law, an alien is any person (including an organization) who is not a citizen or a national of a specific country, although definitions and terminology differ to some degree depending upon the continent or region. More generally, however, the term "alien" is perceived as synonymous with foreign national. |
| Nonresidential water use in the U.S. | Nonresidential water use refers to all uses (and users) of publicly-supplied (municipal) water other than residential use. The nonresidential users include industrial (I), commercial (C), and institutional (I) sub-sectors, which are often jointly designated as ICI or CII sector. |
| Yale University | Yale University is a private Ivy League research university in New Haven, Connecticut. Founded in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the world.Chartered by Connecticut Colony, the Collegiate School was established in 1701 by clergy to educate Congregational ministers before moving to New Haven in 1716. |
| List of municipalities in Ohio | Cities in the U.S. state of Ohio are incorporated municipalities whose population is greater than 5,000. Smaller municipalities are villages. |
| Gross income | For households and individuals, gross income is the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes. It is opposed to net income, defined as the gross income minus taxes and other deductions (e.g., mandatory pension contributions). |
| Income tax | An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. |
| Liechtenstein | Liechtenstein (German: [ˈlɪçtn̩ʃtaɪn]), officially the Principality of Liechtenstein (German: Fürstentum Liechtenstein), is a German-speaking microstate located in the Alps between Austria and Switzerland. Liechtenstein is a constitutional monarchy headed by the Prince of Liechtenstein. |
| Gambling in Ukraine | Gambling in Ukraine was illegal between 2009 and 2020.Parliament outlawed gambling in 2009 after a May 2009 fire in a gambling hall in Dnipro that killed nine people. The Ukrainian parliament passed the law "On Prohibition of Gambling Business in Ukraine" (Gambling Ban Law) banning gambling business and any participation in gambling in Ukraine on May 15. |
| Construction | Construction is a general term meaning the art and science to form objects, systems, or organizations, and comes from Latin constructio (from com- "together" and struere "to pile up") and Old French construction. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. |
| Significant figures | Significant figures (also known as the significant digits, precision or resolution) of a number in positional notation are digits in the number that are reliable and necessary to indicate the quantity of something.\nIf a number expressing the result of a measurement (e.g., length, pressure, volume, or mass) has more digits than the number of digits allowed by the measurement resolution, then only as many digits as allowed by the measurement resolution are reliable, and so only these can be significant figures. |
| Significant Others | The term significant other (SO) has different uses in psychology and in colloquial language. Colloquially "significant other" is used as a gender-neutral term for a person's partner in an intimate relationship without disclosing or presuming anything about marital status, relationship status, gender identity, or sexual orientation. |
| Significant form | Significant form refers to an aesthetic theory developed by English art critic Clive Bell which specified a set of criteria for what qualified as a work of art. |
| Bit numbering | In computing, bit numbering is the convention used to identify the bit positions in a binary number.\n\n\n== Bit significance and indexing ==\n\nIn computing, the least significant bit (LSB) is the bit position in a binary integer representing the binary 1s place of the integer. |
| Significant Mother | Significant Mother is an American television sitcom created by Erin Cardillo and Richard Keith. Starring Josh Zuckerman, Nathaniel Buzolic and Krista Allen, it premiered on The CW network on August 3 and ended its run on October 5, 2015. |
| Significant other | The term significant other (SO) has different uses in psychology and in colloquial language. Colloquially "significant other" is used as a gender-neutral term for a person's partner in an intimate relationship without disclosing or presuming anything about marital status, relationship status, gender identity, or sexual orientation. |
| The Simpsons | The Simpsons is an American animated sitcom created by Matt Groening for the Fox Broadcasting Company. The series is a satirical depiction of American life, epitomized by the Simpson family, which consists of Homer, Marge, Bart, Lisa, and Maggie. |
| Equity (finance) | In finance, equity is ownership of assets that may have debts or other liabilities attached to them. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets. |
| Risk Factors |
|---|
| SYNERGY FINANCIAL GROUP INC /NJ/ Item 1A Risk Factors |
| 26 Item 1A Risk Factors - --------------------- The following is a summary of the material risks to an investment in the Companyapstas securities |
| A relatively large portion of our total loan portfolio consists of consumer loans, primarily automobile loans |
| The credit risk related to these types of loans is considered to be greater than the risk related to residential lending |
| At December 31, 2005, consumer loans amounted to dlra189dtta6 million, or 25dtta7prca of the total loan portfolio |
| At December 31, 2005, automobile loans totaled dlra185dtta8 million |
| Consumer loans entail greater risks than residential mortgage loans, particularly consumer loans secured by rapidly depreciable assets, such as automobiles, or loans that are unsecured |
| In these cases, any repossessed collateral for a defaulted loan may not provide an adequate source of repayment of the outstanding loan balance, since there is a greater likelihood of damage, loss or depreciation of the underlying collateral |
| Further, consumer loan repayment is dependent on the borrowerapstas continuing financial stability and is more likely to be adversely affected by job loss, divorce, illness or personal bankruptcy |
| Finally, the application of various federal laws, including federal and state bankruptcy and insolvency laws, may limit the amount that can be recovered on consumer loans in the event of a default |
| - -------------------------------------------------------------------------------- We originate most of our automobile loans though a single source, and we would be unable to maintain the current high volume of automobile loan originations if we were no longer able to obtain business though this source |
| In late 1999, we began to originate direct automobile loans over the Internet through an independent online loan referral web site |
| Currently, an average of dlra5dtta7 million of new loans, or 94dtta4prca, of our monthly automobile loan originations, are generated from this referral source |
| We will generally lend up to 100prca of the purchase price of a new or used vehicle |
| - -------------------------------------------------------------------------------- We intend to continue to increase our origination of multi-family / non-residential mortgage loans as well as commercial loans |
| These types of loans traditionally involve a higher degree of repayment risk than residential loans |
| At December 31, 2005, our loan portfolio included dlra271dtta6 million of multi-family / non-residential mortgage loans, or 36dtta8prca of our total loan portfolio, representing a 76dtta1prca increase from December 31, 2004 |
| Multi-family / non-residential mortgage loans generally are considered to entail significantly greater risk than that which is involved with residential real estate lending |
| The repayment of these loans typically is dependent on the successful operations and income stream of the real estate and the borrower |
| These risks can be significantly affected by economic conditions |
| In addition, multi-family / non-residential real estate lending generally requires substantially greater evaluation and oversight efforts compared to one- to four-family residential real estate lending |
| 26 |
| During 2004, we introduced the availability of both commercial lines of credit and fixed term commercial loans |
| Commercial business loans typically are made on the basis of the borrowerapstas ability to make repayment from the cash flow of the borrowerapstas business |
| As a result, the availability of funds for the repayment of commercial business loans may be substantially dependent on the success of the business itself and the general economic environment |
| Commercial business loans, therefore, have greater credit risk than residential mortgage loans |
| In addition, commercial loans generally carry larger balances to single borrowers or related groups of borrowers than one- to four-family loans |
| In addition, commercial lending generally requires substantially greater evaluation and oversight efforts compared to residential or non-residential real estate lending |
| - -------------------------------------------------------------------------------- We have a relatively high percentage of unseasoned commercial and multi-family/non-residential credits, which are considered to pose a potentially greater repayment risk than loans that have been outstanding for a longer period of time |
| As a result of our strong growth during the past five years, commercial and multi-family / non-residential mortgage loans represent 3dtta4prca and 36dtta8prca, respectively, of our total loan portfolio as of December 31, 2005 |
| A significant portion of these loans are represented as new credits |
| Generally, loans that are relatively new, referred to as unseasoned loans, do not have sufficient repayment history to determine the likelihood of repayment in accordance with their terms |
| - -------------------------------------------------------------------------------- We intend to continue expanding our branch office network and expenses related to such expansion will negatively impact earnings in future periods |
| As of December 31, 2005, we operated twenty branch offices (including our main office) in Middlesex, Monmouth, Morris, and Union counties, New Jersey |
| The Bank has plans to open three new branches and relocate one branch office in 2006 |
| The expenses associated with opening new branch offices, in addition to the personnel and operating costs that we will have once such offices open, will significantly increase our non-interest expense in future periods and decrease earnings |
| - -------------------------------------------------------------------------------- We may not continue to experience the same rate of growth that we have in the past, and we may not be able to successfully manage our current growth |
| Over the past several years, we have experienced rapid and significant growth |
| Our total assets have increased by dlra676dtta9 million, or 227dtta9prca, from dlra297dtta0 million at December 31, 2001, to dlra973dtta9 million at December 31, 2005 |
| There can be no assurance that we will continue to experience such rapid growth, or any growth, in the future |
| If we do experience continued growth, we can not assure you that we will be able to adequately and profitably manage such growth or that our earnings will adequately provide the necessary capital to maintain required regulatory capital levels |
| - -------------------------------------------------------------------------------- Rising interest rates would likely hurt our profits and may affect our ability to pay dividends, repurchase stock or undertake other corporate transactions |
| If interest rates rise, the interest we pay on interest-bearing liabilities, such as deposits and borrowings, may increase more quickly than interest earned on interest-earning assets, such as loans and investment 27 |
| In addition, rising interest rates are likely to reduce our income via a reduction in the demand for loans and the value of our investment securities and make it more difficult for our borrowers to repay their loans |
| As a result, this could restrict the capital resources of Synergy Bank and could require us to contribute additional capital to Synergy Bank or may prevent Synergy Bank from paying dividends to us |
| This could restrict our ability to pay dividends, repurchase stock or undertake other corporate transactions |
| Currently, a material increase in interest rates would have a material adverse effect on our income and regulatory capital |
| - -------------------------------------------------------------------------------- Increases in market rates of interest are likely to adversely affect our stockholders &apos equity |
| At December 31, 2005, Synergy Financial Group, Inc |
| Generally accepted accounting principles require that these securities be carried at fair value on the consolidated balance sheet |
| Unrealized gains or losses on these securities, that is, the difference between the fair value and the amortized cost of these securities, is reflected in stockholders &apos equity, net of deferred taxes |
| When interest rates increase, the fair value of Synergy Financial Group, Inc |
| apstas available-for-sale marketable securities generally decreases, which decreases stockholders &apos equity |
| As of December 31, 2005, Synergy Financial Group, Inc |
| apstas available-for-sale securities portfolio had an unrealized loss, net of taxes, of dlra1dtta4 million |
| Our stockholders &apos equity is likely to be adversely affected by an increase in market interest rates |
| - -------------------------------------------------------------------------------- A downturn in our local economy may adversely affect our earnings |
| Our business of attracting deposits and making loans (other than automobile loans) is primarily conducted within our market area |
| A downturn in our local economy could reduce the amount of funds available for deposit and the ability of borrowers to repay their loans and could negatively impact collateral values |
| As a result, our earnings could be adversely affected |
| - -------------------------------------------------------------------------------- We face substantial competition in our attraction of deposits, which is our primary source of funds for lending |
| Many of our competitors are significantly larger institutions and have greater financial and managerial resources |
| Our ability to compete successfully is a significant factor affecting our profitability |
| - -------------------------------------------------------------------------------- We operate in a highly regulated environment and may be adversely affected by changes in laws and regulations |
| We are subject to extensive regulation, supervision and examination by the Office of Thrift Supervision and by the Federal Deposit Insurance Corporation |
| Such regulation and supervision govern the activities in which a bank and its holding company may engage and are intended primarily for the protection of the insurance fund and depositors |
| Regulatory authorities have extensive discretion in connection with their supervisory and enforcement activities, including the imposition of restrictions on the operation of a bank, the classification of assets by a bank and the adequacy of a bankapstas allowance for loan losses |
| Any change in such regulation and oversight, whether in the form of regulatory policy, regulations, or legislation could have a material impact on Synergy Financial Group, Inc, its subsidiaries and their operations |