Dime Commercial Bancshares (DCOM) risk factors, FY2024 10-K

Risks Related to our Loan Portfolio

1. 01If our regulators impose limitations on our commercial real estate lending activities, earnings could be adversely affected
2. 02The performance of our multi-family real estate loans could be adversely impacted by regulation
3. 03If we experience greater credit losses than anticipated, earnings may be adversely impacted
4. 04We are subject to the CRA and fair lending laws, and failure to comply with these laws could lead to material penalties
5. 05The Company is subject to environmental liability risk associated with lending activities

Risks Related to Interest Rates

1. 06Changes in interest rates could affect our profitability

Risks Related to Regulation

1. 07We operate in a highly regulated environment, Federal and state regulators periodically examine our business, and we may be required to remediate adverse examination findings
2. 08We face a risk of noncompliance and enforcement action with the federal Bank Secrecy Act (the “BSA”) and other anti-money laundering and counter terrorist financing statutes and regulations

Risks Related to our Debt Securities

1. 09The subordinated debentures that we issued have rights that are senior to those of our common shareholders

Strategic Risks

1. 10Expansion of our branch network may adversely affect our financial results
2. 11Mergers and acquisitions involve numerous risks and uncertainties
3. 12Our growth or future losses may require us to raise additional capital in the future, but that capital may not be available when it is needed or the cost of that capital may be very high
4. 13A lack of liquidity could adversely affect the Company’s financial condition and results of operations
5. 14Our business may be adversely affected by conditions in the financial markets, the economic environment and governmental policies
6. 15Strong competition within our market area may limit our growth and profitability
7. 16Our future success depends on the success and growth of Dime Community Bank
8. 17The loss of key personnel could impair our future success
9. 18Our business may be adversely affected by fraud and other financial crimes
10. 19Risks associated with system failures, interruptions, or breaches of security could negatively affect our operations and earnings
11. 20Severe weather, acts of terrorism and other external events could impact our ability to conduct business
12. 21Damage to the Company’s reputation could adversely impact our business
13. 22Changes in our accounting policies or in accounting standards could materially affect how we report our financial results
14. 23If we determine our goodwill or other intangible assets to be impaired, the Company’s financial condition and results of operations would be negatively affected