Risk factors
Burke & Herbert Financial Services (BHRB) risk factors
Item 1A of every Burke & Herbert Financial Services Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors54 risks16 new3 dropped13 reworded
The risk profile is heavily dominated by the pending LNKB Merger pushing assets over $10 billion and associated integration challenges. Non-performing assets nearly doubled to $76.9 million while the allowance for credit losses shifted slightly to $67.8 million.
Filed Feb 27, 2026 - FY2024 10-K risk factors41 risks
Concentrated exposure to commercial real estate and small-to-medium business lending drives asset quality risks. Growth initiatives face regulatory scrutiny if total assets exceed $10 billion. Cybersecurity threats and third-party vendor dependencies threaten operational continuity.
Filed Mar 17, 2025