C & F Financial (CFFI) risk factors

33 risks, 4 new, 1 dropped, 14 reworded since the prior year. The company added explicit operational, model risk, climate change, and regulatory enforcement risks. ESG and diversity risks were updated to reflect rising national pushback. Disintermediation risks now highlight fintech competition and stablecoins.

30 risks. Commercial real estate and consumer auto loans represent 55 percent of the portfolio, carrying heightened concentration risk. Regional economic health in Virginia and the Mid-Atlantic dictates core banking performance. Strict federal regulation, interest rate volatility, and cybersecurity threats heavily impact operations.