Our website address is www.pcsb.com. We generally include pre-payment penalties on commercial real estate loans we originate. Generally, guarantees are obtained from commercial real estate customers. At June 30, 2020, this loan was performing according to its original terms. Adjustable rates are based on the prime rate, plus a margin. Loan Underwriting Risks Commercial and Multi-Family Real Estate Loans. We also have the authority under applicable law to invest in derivative securities. We generally review our deposit mix and pricing on a weekly basis. 8226; The NYSDFS has issued guidance regarding incentive compensation. Federal Bank Regulation Capital Requirements. The Bank has not opted into the CBLR framework as of June 30, 2020. 16 Transaction with Affiliates and Regulation W of the Federal Reserve Regulations. PCSB Bank's most recent rating under New York law was "Satisfactory." PCSB Bank is in compliance with these requirements. See Note 13 to Consolidated Financial Statements for additional information. At June 30, 2020, PCSB Bank had no capital loss carryovers. We face intense competition in making loans and attracting deposits. Legal and regulatory proceedings and related matters could adversely affect us. Various factors may make takeover attempts more difficult to achieve. Counterparties expose the Company to risks. In addition, we have unfunded commitments to extend credit to customers. These actions have been rapidly expanding in scope and intensity.