In the normal course of business, we have various legal proceedings and other contingent matters pending. These proceedings and the associated legal claims are often contested, and the outcome of individual matters is not always predictable. Furthermore, in some matters, it may be difficult to assess potential exposure, particularly for matters that are in relatively early stages. These claims and counter claims typically arise during the course of collection efforts on problem loans or with respect to actions to enforce liens on properties in which we hold a security interest. We also are subject to claims related to other matters, including employment matters such as claims by our employees of discrimination, harassment, violations of wage and hour requirements, or violations of other federal, state, or local laws and claims of misconduct or negligence on the part of our employees. Some or all of these claims may lead to litigation, including class action litigation, and these matters may cause us to incur negative publicity with respect to alleged claims. Our insurance may not cover all claims that may be asserted against us, and any claims asserted against us, regardless of merit or eventual outcome, may harm our reputation. Should the ultimate judgments or settlements in any litigation exceed our insurance coverage, they could have a material adverse effect on our financial condition and results of operation for any period. The ultimate outcome of these legal proceedings could be more or less than what we have accrued. Based upon the information known to Management, we are not a party to any pending legal proceedings that we believe would reasonably be expected to have a material adverse effect on our financial condition, results of operations or cash flows.