Date of Report:
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June 19, 2013
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(Date of earliest event reported):
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June 18, 2013
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Pennsylvania
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0-10587
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23-2195389
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification Number)
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P.O. Box 4887, One Penn Square
Lancaster, Pennsylvania
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17604
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(Address of principal executive offices)
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(Zip Code)
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[ ]
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Written communications pursuant to Rule 425 under the Securities Act
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[ ]
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
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[ ]
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
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[ ]
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Pre-commencement to communications pursuant to Rule 13e-4(c) under the Exchange Act
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(d) Exhibits
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Exhibit No.
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Description
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99.1
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Fulton June 18, 2013 Press Release
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Date: June 19, 2013
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Fulton Financial Corporation
By: /s/ Charles J. Nugent
Charles J. Nugent
Senior Executive Vice President and Chief Financial Officer
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·
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the impact of adverse changes in the economy and real estate markets, including protracted periods of low-growth and sluggish loan demand;
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the effect of market interest rates, particularly a continuing period of low market interest rates, and relative balances of rate-sensitive assets to rate-sensitive liabilities, on net interest margin and net interest income;
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the effect of competition on rates of deposit and loan growth and net interest margin;
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increases in non-performing assets, which may require the Corporation to increase the allowance for credit losses, charge-off loans and incur elevated collection and carrying costs related to such non-performing assets;
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non-interest income growth, including the impact of potential regulatory changes;
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investment securities gains and losses, including other-than-temporary declines in the value of securities which may result in charges to earnings;
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the level of non-interest expenses, including salaries and employee benefits expenses, operating risk losses, amortization of intangible assets and goodwill impairment;
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the impact of increased regulatory scrutiny of the banking industry;
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the increasing time and expense associated with regulatory compliance and risk management;
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the uncertainty and lack of clear regulatory guidance associated with the delay in implementing many of the regulations mandated by the Dodd-Frank Act;
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capital and liquidity strategies, including the expected impact of the capital and liquidity requirements proposed by the Basel III standards;
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operational risk, i.e. the risk of loss resulting from human error, inadequate or failed internal processes and systems, outsourcing arrangements, compliance and legal risk and external events; and
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acquisition and growth strategies, including the impact of a less robust merger and acquisition environment in the banking industry and increased regulatory scrutiny.
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