SI Silvergate Capital

"Its testing, or the subsequent testing by the Company’s independent public accounting firm, may reveal deficiencies in its internal control over financial reporting that are deemed to be material weaknesses."

distress relevance: 0.79 market specificity: 1.00 score: 0.794 risk_factors

anchor: material weakness in internal control over financial reporting

"We may not be able to raise the additional capital needed, in absolute terms or on terms acceptable to us, to fund our growth strategy in the future if we continue to grow at our current pace."

distress relevance: 0.76 market specificity: 1.00 score: 0.762 risk_factors

anchor: we may need to raise additional capital to fund operations

"We may require additional capital in the future to continue our planned growth."

distress relevance: 0.76 market specificity: 1.00 score: 0.757 risk_factors

anchor: we may need to raise additional capital to fund operations

"If we fail to maintain effective internal control over financial reporting, we may not be able to report our financial results accurately and in a timely manner, in which case our business may be harmed, investors may lose confidence in the accuracy and completeness of our financial reports, we could be subject to regulatory penalties and the price of our common stock may decline."

distress relevance: 0.75 market specificity: 1.00 score: 0.753 risk_factors

anchor: our internal controls over financial reporting are not effective

"As of December 31, 2021, the fair value of our available-for-sale investment securities portfolio was $8.6 billion, which included gross unrealized losses of $58.5 million and gross unrealized gains of $44.8 million."

distress relevance: 0.75 market specificity: 1.00 score: 0.748 risk_factors

anchor: unrealized losses on our available-for-sale securities portfolio

"We may not be able to raise the additional capital needed, in absolute terms or on terms acceptable to us, to fund our growth strategy in the future if we continue to grow at our current pace."

distress relevance: 0.76 market specificity: 1.00 score: 0.762 risk_factors

anchor: we may need to raise additional capital to fund operations

"If we fail to maintain effective internal control over financial reporting, we may not be able to report our financial results accurately and in a timely manner, in which case our business may be harmed, investors may lose confidence in the accuracy and completeness of our financial reports, we could be subject to regulatory penalties and the price of our common stock may decline."

distress relevance: 0.75 market specificity: 1.00 score: 0.753 risk_factors

anchor: our internal controls over financial reporting are not effective

"However, we intend to monitor and control our growth to remain in compliance with all regulatory capital standards applicable to us."

distress relevance: 0.74 market specificity: 1.00 score: 0.741 mda

anchor: regulatory capital requirements may constrain our growth

"A lack of liquidity could impair our ability to fund operations and adversely impact our business, financial condition and results of operations."

distress relevance: 0.73 market specificity: 1.00 score: 0.734 risk_factors

anchor: we may not have sufficient liquidity to meet our obligations

"The failure to meet applicable regulatory capital requirements could result in one or more of our regulators placing limitations or conditions on our activities, including our growth initiatives, or restricting the commencement of new activities, and could affect customer and investor confidence, our costs of funds and FDIC insurance costs, our ability to pay dividends on our common stock, our abi"

distress relevance: 0.73 market specificity: 1.00 score: 0.733 risk_factors

anchor: regulatory capital requirements may constrain our growth