C F Financial

-7.19%

Live  

C F Financial Corporation is a bank holding company based in West Point, Virginia. It was founded in 1927 and is the parent company of Citizens and Farmers Bank, which has 26 branches in Virginia. The bank offers a range of financial services including personal and commercial banking, mortgage loans, and wealth management.
C F Financial prides itself on being a community-oriented bank and has a strong focus on customer relationships. It offers personalized service and flexible solutions to meet the financial needs of its customers.
The company's mission is to be a trusted financial partner for its customers, employees, and the communities it serves. It aims to achieve this by adhering to its values of integrity, responsibility, teamwork, and customer service excellence.
In addition to its banking services, C F Financial is also committed to giving back to the communities it serves. The company sponsors various local events and supports local organizations and charities through donations and volunteer work.
Overall, C F Financial strives to provide quality financial services while also being an active and responsible member of the community.

QyBGIEZpbm FuY2lhbCBp cyBhIGNvbX BhbnkgdGhh dCBoZWxwcy BwZW9wbGUg YW5kIGJ1c2 luZXNzZXMg bWFuYWdlIH RoZWlyIG1v bmV5LiBUaG V5IGRvIHRo aW5ncyBsaW tlIGdpdmlu ZyBhZHZpY2 Ugb24gaG93 IHRvIGludm VzdCBtb25l eSB3aXNlbH ksIGhlbHBp bmcgcGVvcG xlIHNhdmUg Zm9yIGJpZy B0aGluZ3Mg bGlrZSBob3 VzZXMgb3Ig ZWR1Y2F0aW 9uLCBhbmQg bWFraW5nIH N1cmUgYnVz aW5lc3Nlcy BoYXZlIHRo ZSBtb25leS B0aGV5IG5l ZWQgdG8gZ3 Jvdy4gPGJy PlRoZSB3YX kgQyBGIEZp bmFuY2lhbC BtYWtlcyBt b25leSBpcy BieSBjaGFy Z2luZyBmZW VzIGZvciB0 aGVpciBzZX J2aWNlcy4g Rm9yIGV4YW 1wbGUsIGlm IHNvbWVvbm UgYXNrcyB0 aGVtIHRvIG hlbHAgaW52 ZXN0IHRoZW lyIG1vbmV5 LCBDIEYgRm luYW5jaWFs IG1pZ2h0IH Rha2UgYSBz bWFsbCBwZX JjZW50YWdl IG9mIHRoZS Btb25leSB0 aGV5IGhlbH AgbWFuYWdl LiBUaGV5IG 1pZ2h0IGFs c28gZWFybi Btb25leSBm cm9tIG90aG VyIGZpbmFu Y2lhbCBzZX J2aWNlcyBs aWtlIGxvYW 5zLCB3aGVy ZSB0aGV5IG NoYXJnZSBp bnRlcmVzdC 48YnI+QyBG IEZpbmFuY2 lhbCBoYXMg YmVlbiBzdW NjZXNzZnVs IGJlY2F1c2 UgdGhleSBy ZWFsbHkgdW 5kZXJzdGFu ZCBob3cgbW 9uZXkgd29y a3MgYW5kIG NhbiBoZWxw IHRoZWlyIG NsaWVudHMg bWFrZSBzbW FydCBkZWNp c2lvbnMuIF RoZXkgYnVp bGQgc3Ryb2 5nIHJlbGF0 aW9uc2hpcH Mgd2l0aCB0 aGVpciBjdX N0b21lcnMs IHdoaWNoIG 1lYW5zIHBl b3BsZSB0cn VzdCB0aGVt LiBUaGV5IG Fsc28ga2Vl cCB1cCB3aX RoIGFsbCB0 aGUgY2hhbm dlcyBpbiBt b25leSBhbm QgZmluYW5j ZSwgc28gdG hleSBhcmUg YWx3YXlzIG 9mZmVyaW5n IGdvb2QgYW R2aWNlLjxi cj5Gb3IgdG hlIGZ1dHVy ZSwgQyBGIE ZpbmFuY2lh bCBpcyBsaW tlbHkgdG8g c3RheSBzdW NjZXNzZnVs IGJlY2F1c2 UgcGVvcGxl IHdpbGwgYW x3YXlzIG5l ZWQgaGVscC B3aXRoIHRo ZWlyIG1vbm V5LiBBcyBt b3JlIGluZG l2aWR1YWxz IGFuZCBidX NpbmVzc2Vz IGxvb2sgZm 9yIHdheXMg dG8gYmUgc2 1hcnQgd2l0 aCB0aGVpci BmaW5hbmNl cywgY29tcG FuaWVzIGxp a2UgQyBGIE ZpbmFuY2lh bCB3aWxsIG JlIHRoZXJl IHRvIGd1aW RlIHRoZW0u IFBsdXMsIH RoZXkgY2Fu IHVzZSB0ZW Nobm9sb2d5 LCBsaWtlIG FwcHMgYW5k IG9ubGluZS B0b29scywg dG8gbWFrZS B0aGVpciBz ZXJ2aWNlcy BldmVuIGJl dHRlciBhbm QgcmVhY2gg bW9yZSBwZW 9wbGUuIFNv LCB0aGV5IG hhdmUgYSBn b29kIHBsYW 4gZm9yIHN0 YXlpbmcgaG VscGZ1bCBh bmQgc3VjY2 Vzc2Z1bCE8 YnI+

QyBGIEZpbm FuY2lhbCBp cyBhIGJhbm sgaG9sZGlu ZyBjb21wYW 55IGJhc2Vk IGluIFZpcm dpbmlhLCBV U0EuIEl0IG 9wZXJhdGVz IHRocm91Z2 ggaXRzIHN1 YnNpZGlhcn kgYmFuaywg Q2l0aXplbn MgYW5kIEZh cm1lcnMgQm Fuaywgd2hp Y2ggaGFzIG JlZW4gaW4g YnVzaW5lc3 Mgc2luY2Ug MTkyNy4gPG JyPlNvbWUg dW5pcXVlIG ZlYXR1cmVz IG9mIEMgRi BGaW5hbmNp YWwgaW5jbH VkZTo8YnI+ MSkgU3Ryb2 5nIGNvbW11 bml0eSBmb2 N1czogVGhl IGNvbXBhbn kgcHJpZGVz IGl0c2VsZi BvbiBiZWlu ZyBkZWVwbH kgaW52b2x2 ZWQgaW4gdG hlIGNvbW11 bml0aWVzIG l0IHNlcnZl cywgdGhyb3 VnaCB2b2x1 bnRlZXJpc2 0sIGRvbmF0 aW9ucywgYW 5kIHBhcnRu ZXJzaGlwcy B3aXRoIGxv Y2FsIG9yZ2 FuaXphdGlv bnMuPGJyPj IpIExvbmct c3RhbmRpbm cgaGlzdG9y eTogV2l0aC BvdmVyIDkw IHllYXJzIG 9mIGV4cGVy aWVuY2UgaW 4gdGhlIGJh bmtpbmcgaW 5kdXN0cnks IEMgRiBGaW 5hbmNpYWwg aGFzIGEgcH JvdmVuIHRy YWNrIHJlY2 9yZCBvZiBz dGFiaWxpdH kgYW5kIHN1 Y2Nlc3MuPG JyPjMpIExv Y2FsIGRlY2 lzaW9uLW1h a2luZzogQX MgYSBjb21t dW5pdHkgYm FuaywgQyBG IEZpbmFuY2 lhbCdzIGRl Y2lzaW9ucy BhcmUgbWFk ZSBsb2NhbG x5IGJ5IHBl b3BsZSB3aG 8gdW5kZXJz dGFuZCB0aG UgbmVlZHMg YW5kIGNoYW xsZW5nZXMg b2YgdGhlaX IgY3VzdG9t ZXJzLjxicj 40KSBQZXJz b25hbGl6ZW QgY3VzdG9t ZXIgc2Vydm ljZTogVGhl IGNvbXBhbn kgZW1waGFz aXplcyBidW lsZGluZyBz dHJvbmcgcm VsYXRpb25z aGlwcyB3aX RoIGl0cyBj dXN0b21lcn MgYW5kIHBy b3ZpZGluZy BwZXJzb25h bGl6ZWQgc2 VydmljZSB0 byBtZWV0IH RoZWlyIGlu ZGl2aWR1YW wgZmluYW5j aWFsIG5lZW RzLjxicj41 KSBDb21taX RtZW50IHRv IGZpbmFuY2 lhbCBlZHVj YXRpb246IE MgRiBGaW5h bmNpYWwgb2 ZmZXJzIHZh cmlvdXMgZm luYW5jaWFs IGVkdWNhdG lvbiBwcm9n cmFtcyBhbm QgcmVzb3Vy Y2VzIHRvIG hlbHAgaW5k aXZpZHVhbH MgYW5kIGJ1 c2luZXNzZX MgbWFrZSBp bmZvcm1lZC BmaW5hbmNp YWwgZGVjaX Npb25zLjxi cj42KSBMZW FkZXJzaGlw IGluIHRlY2 hub2xvZ3k6 IERlc3BpdG UgaXRzIHRy YWRpdGlvbm FsIHJvb3Rz LCBDIEYgRm luYW5jaWFs IGlzIGNvbW 1pdHRlZCB0 byBzdGF5aW 5nIGN1cnJl bnQgd2l0aC B0ZWNobm9s b2d5IGFuZC BvZmZlcnMg YSB2YXJpZX R5IG9mIGNv bnZlbmllbn Qgb25saW5l IGFuZCBtb2 JpbGUgYmFu a2luZyBzZX J2aWNlcy48 YnI+NykgU3 Ryb25nIGZp bmFuY2lhbC BwZXJmb3Jt YW5jZTogQy BGIEZpbmFu Y2lhbCBoYX MgY29uc2lz dGVudGx5IG 1haW50YWlu ZWQgc29saW QgZmluYW5j aWFsIHBlcm Zvcm1hbmNl IGFuZCBoYX MgYmVlbiBy ZWNvZ25pem VkIGZvciBp dHMgZmluYW 5jaWFsIHN0 cmVuZ3RoIG FuZCBzdGFi aWxpdHkgYn kgdmFyaW91 cyBpbmR1c3 RyeSBwdWJs aWNhdGlvbn Mu

QyBGIEZpbm FuY2lhbCBp cyBhIGZpbm FuY2lhbCBz ZXJ2aWNlcy Bjb21wYW55 IHRoYXQgcH JpbWFyaWx5 IGZvY3VzZX Mgb24gcHJv dmlkaW5nIH BlcnNvbmFs IGFuZCBidX NpbmVzcyBi YW5raW5nIH NlcnZpY2Vz LCBtb3J0Z2 FnZSBsZW5k aW5nLCBhbm Qgd2VhbHRo IG1hbmFnZW 1lbnQgc2Vy dmljZXMgdG 8gaW5kaXZp ZHVhbHMgYW 5kIGJ1c2lu ZXNzZXMuIF RoZSBjb21w YW55IHByaW 1hcmlseSBn ZW5lcmF0ZX MgaXRzIHJl dmVudWUgdG hyb3VnaCBp bnRlcmVzdC BpbmNvbWUg ZWFybmVkIG 9uIGxvYW5z IGFuZCBpbn Zlc3RtZW50 cywgYXMgd2 VsbCBhcyBm ZWVzIGFuZC Bjb21taXNz aW9ucyBmcm 9tIHByb3Zp ZGluZyBmaW 5hbmNpYWwg c2VydmljZX MgdG8gaXRz IGNsaWVudH MuIFRoZSBj b21wYW55IG FpbXMgdG8g YXR0cmFjdC BhbmQgcmV0 YWluIGNsaW VudHMgYnkg b2ZmZXJpbm cgY29tcGV0 aXRpdmUgaW 50ZXJlc3Qg cmF0ZXMsIH BlcnNvbmFs aXplZCBmaW 5hbmNpYWwg YWR2aWNlLC BhbmQgZWZm aWNpZW50IG FuZCBjb252 ZW5pZW50IG 9ubGluZSBz ZXJ2aWNlcy 4gQWRkaXRp b25hbGx5LC BDIEYgRmlu YW5jaWFsIG Fsc28gZm9j dXNlcyBvbi Bjb250cm9s bGluZyBjb3 N0cyBhbmQg bWFuYWdpbm cgcmlzayB0 byBtYWludG FpbiBwcm9m aXRhYmlsaX R5IGFuZCBl bnN1cmUgbG 9uZy10ZXJt IHN1c3RhaW 5hYmlsaXR5 Lg==

AI does present potential challenges and threats to financial companies like C F Financial in several areas:
1. Substitution: AI technologies can create new financial products and services that might substitute traditional offerings. For instance, robo-advisors can automate investment management, potentially replacing human advisors. This could lead to a decline in demand for certain financial products typically offered by conventional firms.
2. Disintermediation: AI can facilitate direct connections between consumers and financial services without the need for intermediaries. Peer-to-peer lending platforms and blockchain technologies illustrate how AI can enable transactions that bypass traditional financial institutions. This could result in reduced market share for companies like C F Financial if they do not adapt their business models.
3. Margin Pressure: The implementation of AI can drive operational efficiencies, allowing new entrants to offer competitive services at lower prices. As these tech-driven firms reduce costs through automation and data analytics, C F Financial may face pressure to lower their margins to remain competitive. This could affect profitability unless they find ways to enhance value through innovation or superior customer service.
4. Customer Expectations: With advancements in AI, customers may begin to expect more personalized and instantaneous services. If C F Financial fails to meet these new expectations, it may risk losing clients to competitors that leverage AI more effectively.
In conclusion, while AI provides opportunities for innovation, it also presents significant challenges through substitution, disintermediation, and margin pressure. C F Financial will need to strategically adapt to these dynamics to maintain its competitive positioning.

The sensitivity of C F Financial company’s earnings, cash flow, and valuation to changes in interest rates can be analyzed through several key factors:
1. Earnings Sensitivity: As interest rates change, the company’s interest income and expense can be affected. If C F Financial has significant interest-bearing assets (like loans), an increase in interest rates may lead to higher income from those assets. Conversely, if the company has outstanding debt, higher interest rates may increase interest expenses, adversely affecting net earnings. Additionally, if the company relies on borrowing for operations or investment, higher rates could constrain profitability.
2. Cash Flow Sensitivity: Cash flow, similar to earnings, can be sensitive to interest rate changes. Higher interest rates can lead to increased cash outflows for interest payments, impacting operational cash flow. This is particularly relevant for companies with variable-rate debt. If interest rates rise, this could lead to reduced liquidity if the cash outflow for debt service increases significantly. Furthermore, if rates affect the company’s product demand or sales (due to consumer or business borrowing costs), this can also impact cash flows.
3. Valuation Sensitivity: The valuation of C F Financial can be affected by changes in interest rates through the discount rate applied to future cash flows. Typically, when interest rates rise, the discount rate used in valuation models increases, leading to lower present values of future cash flows. This can result in a decreased valuation for the company. Conversely, if interest rates fall, it can lead to higher valuations as future cash flows are discounted at a lower rate.
In summary, C F Financial’s sensitivity to interest rates can lead to fluctuations in its earnings, cash flow, and overall valuation, depending on the nature of its debt structure, investment strategy, and the broader economic environment.

QSByZWFsaX N0aWMgc2Nl bmFyaW8gdG hhdCBjb3Vs ZCBwZXJtYW 5lbnRseSBp bXBhaXIgQy BGIEZpbmFu Y2lhbCBjb2 1wYW554oCZ cyBlY29ub2 1pY3Mgb3Zl ciB0aGUgbm V4dCAz4oCT NSB5ZWFycy BpcyBhIHNp Z25pZmljYW 50IHJlZ3Vs YXRvcnkgc2 hpZnQgb3Ig ZWNvbm9taW MgZG93bnR1 cm4gdGhhdC BhZHZlcnNl bHkgYWZmZW N0cyB0aGUg ZmluYW5jaW FsIHNlcnZp Y2VzIHNlY3 RvciwgcGFy dGljdWxhcm x5IGluIGFy ZWFzIHdoZX JlIEMgRiBG aW5hbmNpYW wgaGFzIGEg c3Ryb25nIH ByZXNlbmNl Ljxicj5MZX TigJlzIHNh eSB0aGF0IG 5ldyByZWd1 bGF0aW9ucy BhcmUgaW50 cm9kdWNlZC B0aGF0IHNp Z25pZmljYW 50bHkgaW5j cmVhc2UgY2 9tcGxpYW5j ZSBjb3N0cy wgcmVkdWNl IHRoZSBjb2 1wZXRpdGl2 ZW5lc3Mgb2 YgZmluYW5j aWFsIHByb2 R1Y3RzIG9m ZmVyZWQgYn kgQyBGIEZp bmFuY2lhbC wgb3IgbGlt aXQgdGhlIG xldmVyYWdl IHRoYXQgdG hlIGNvbXBh bnkgY2FuIH VzZSBpbiBp dHMgb3Blcm F0aW9ucy4g Rm9yIGV4YW 1wbGUsIHN0 cmljdGVyIG NhcGl0YWwg cmVxdWlyZW 1lbnRzIGNv dWxkIGZvcm NlIEMgRiBG aW5hbmNpYW wgdG8gaG9s ZCBtb3JlIH Jlc2VydmVz LCB0aHVzIH JlZHVjaW5n IGl0cyBhYm lsaXR5IHRv IGludmVzdC BpbiBncm93 dGggb3IgZG lzdHJpYnV0 ZSByZXR1cm 5zIHRvIHNo YXJlaG9sZG Vycy48YnI+ SW4gdGhpcy BzY2VuYXJp bywgdGhlIG NvbXBhbnni gJlzIG1hcm dpbnMgd291 bGQgbGlrZW x5IGRlY3Jl YXNlIGR1ZS B0byBpbmNy ZWFzZWQgb3 BlcmF0aW5n IGNvc3RzIG FuZCByZWR1 Y2VkIHJldm VudWVzIGZy b20gZmV3ZX Igc2FsZXMg b2YgZmluYW 5jaWFsIHBy b2R1Y3RzLC B3aGljaCBt YXkgYmVjb2 1lIGxlc3Mg YXR0cmFjdG l2ZSB0byBj b25zdW1lcn MuIFRoZSBj b21wZXRpdG l2ZSBsYW5k c2NhcGUgbW lnaHQgZm9y Y2UgQyBGIE ZpbmFuY2lh bCB0byByZW R1Y2UgcHJp Y2VzIHRvIG 1haW50YWlu IG1hcmtldC BzaGFyZSwg ZnVydGhlci B0aWdodGVu aW5nIG1hcm dpbnMuPGJy PkNhc2ggZm xvdyB3b3Vs ZCBhbHNvIG JlIG5lZ2F0 aXZlbHkgaW 1wYWN0ZWQu IFdpdGggbG 93ZXIgbWFy Z2lucywgdG 90YWwgY2Fz aCBpbmZsb3 dzIGZyb20g b3BlcmF0aW 9ucyB3b3Vs ZCBkZWNsaW 5lLiBBZGRp dGlvbmFsbH ksIGlmIHRo ZSBjb21wYW 55IGlzIHVu YWJsZSB0by BpbnZlc3Qg aW4gZ3Jvd3 RoIGluaXRp YXRpdmVzIG R1ZSB0byBo aWdoZXIgcm VzZXJ2ZXMs IGZ1dHVyZS BjYXNoIGlu ZmxvdyBwb3 RlbnRpYWwg d291bGQgYm Ugc3R1bnRl ZCwgbGVhZG luZyB0byBh IGNhc2NhZG luZyBlZmZl Y3Qgb24gb3 BlcmF0aW5n IHBlcmZvcm 1hbmNlLjxi cj5PbiB0aG UgYmFsYW5j ZSBzaGVldC wgdGhlIGlu Y3JlYXNlZC BjYXBpdGFs IHJlcXVpcm VtZW50cyB3 b3VsZCByZX N1bHQgaW4g YSBkZWNsaW 5lIGluIGZp bmFuY2lhbC ByYXRpb3Ms IHN1Y2ggYX MgdGhlIGRl YnQtdG8tZX F1aXR5IHJh dGlvLCBhcy Btb3JlIGVx dWl0eSB3b3 VsZCBuZWVk IHRvIGJlIH V0aWxpemVk IHRvIG1haW 50YWluIGNv bXBsaWFuY2 UuIEhvd2V2 ZXIsIHRoaX MgY291bGQg YWxzbyBtZW FuIGxlc3Mg bGV2ZXJhZ2 Ugb3ZlcmFs bCwgd2hpY2 ggbWlnaHQg aW5pdGlhbG x5IHNlZW0g cG9zaXRpdm UgYnV0IGNv dWxkIHJlc3 RyaWN0IGdy b3d0aCBhbm Qgb3Bwb3J0 dW5pdHkgZm 9yIGV4cGFu c2lvbi4gQW RkaXRpb25h bGx5LCB0aG UgY29tcGFu eSBtYXkgZm FjZSBhc3Nl dCB3cml0ZS 1kb3ducyBp ZiBlY29ub2 1pYyBjb25k aXRpb25zIH dvcnNlbiwg bGVhZGluZy B0byBhIGRl Y3JlYXNlIG luIG92ZXJh bGwgYXNzZX QgcXVhbGl0 eS48YnI+SW 4gc3VtbWFy eSwgaWYgc3 VjaCBhIHNj ZW5hcmlvIH VuZm9sZHMs IEMgRiBGaW 5hbmNpYWwg d291bGQgbG lrZWx5IGV4 cGVyaWVuY2 UgcmVkdWNl ZCBtYXJnaW 5zLCBjb25z dHJhaW5lZC BjYXNoIGZs b3csIGFuZC BhIHdlYWtl bmVkIGJhbG FuY2Ugc2hl ZXQsIHNldH RpbmcgYmFj ayBpdHMgZ3 Jvd3RoIHBy b3NwZWN0cy BhbmQgcG90 ZW50aWFsbH kgYWZmZWN0 aW5nIGl0cy Bsb25nLXRl cm0gdmlhYm lsaXR5Ljxi cj4=

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvSj lnS01KZTNM TFVCSnpCRT dmaHcud2Vi cCIgYWx0PS JDIEYgRmlu YW5jaWFsIi B0aXRsZT0i QyBGIEZpbm FuY2lhbCIg IGNsYXNzPS JpbWctZmx1 aWQiIGhlaW dodD01MCB3 aWR0aD01MC Bsb2FkaW5n PSdsYXp5Jy BzdHlsZT0n Ym9yZGVyLX JhZGl1czog NnB4Oyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxk aXYgc3R5bG U9J2ZsZXg6 IDE7IHRleH QtYWxpZ246 IGNlbnRlcj sgbWFyZ2lu LWxlZnQ6ID VweDsnPgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8cCBzdHls ZT0nZm9udC 1zaXplOiAy NnB4OyBjb2 xvcjogIzMz MzsgbWFyZ2 luLWJvdHRv bTogMTVweD snPgogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Ag8J+TiCBX YW50IHRvIH JlYWQgbW9y ZSBhYm91dC BDIEYgRmlu YW5jaWFsPw ogICAgICAg ICAgICAgIC AgICAgICAg ICA8L3A+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1zaWdu dXAnIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICMw MDdCRkY7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBjb2 xvcjogI2Zm ZjsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHBhZGRpbm c6IDEwcHgg MjBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJvcm Rlci1yYWRp dXM6IDVweD sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIH RleHQtZGVj b3JhdGlvbj ogbm9uZTsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGZv bnQtd2VpZ2 h0OiBib2xk OwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luLX JpZ2h0OiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdHJhbn NpdGlvbjog YmFja2dyb3 VuZC1jb2xv ciAwLjNzIG Vhc2U7Jwog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgb25t b3VzZW92ZX I9J3RoaXMu c3R5bGUuYm Fja2dyb3Vu ZENvbG9yPS IjMDA1NmIz IicKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIic+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBTaW duIHVwIGZv ciBmcmVlCi AgICAgICAg ICAgICAgIC AgICAgICAg IDwvYT4KCi AgICAgICAg ICAgICAgIC AgICAgICAg IDxzcGFuIH N0eWxlPSdt YXJnaW46ID AgOHB4OyBj b2xvcjogIz U1NTsnPm9y PC9zcGFuPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9bG9n aW4nIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGNvbG9y OiAjMDA3Qk ZGOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgdGV4dC1k ZWNvcmF0aW 9uOiB1bmRl cmxpbmU7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBmb2 50LXdlaWdo dDogNTAwOy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Bsb2cgaW4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9hPgoK CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxwIHN0 eWxlPSdtYX JnaW4tdG9w OiAxNXB4Oy Bmb250LXNp emU6IDEzcH g7IGZvbnQt d2VpZ2h0Oi Bib2xkOyBj b2xvcjogI2 QzMmYyZjsn PgogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg 4pqhIEluc3 RhbnRseSBh Y2Nlc3MgPG k+IlRoZSBD aGVja2xpc3 QgVmFsdWUg SW52ZXN0b3 Ig4oCUIEEg U21hcnRlci BXYXkgdG8g UGljayBTdG 9ja3MiPC9p PiDigJQgZn JlZSEKICAg ICAgICAgIC AgICAgICAg ICAgICAgPC 9wPgoKICAg ICAgICAgIC AgICAgICAg ICAgICAgPC EtLQogICAg ICAgICAgIC AgICAgICAg ICAgICA8ZG l2IHN0eWxl PSdtYXJnaW 4tdG9wOiAx MnB4OyBmb2 50LXNpemU6 IDEzcHg7IG NvbG9yOiAj NDQ0Oyc+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBTaW duIHVwIG5v dyBhbmQgZ2 V0IG91ciBm cmVlIGVCb2 9rIAogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgPGI+VGhl IENoZWNrbG lzdCBWYWx1 ZSBJbnZlc3 RvciDigJQg QSBTbWFydG VyIFdheSB0 byBQaWNrIF N0b2Nrczwv Yj4KICAgIC AgICAgICAg ICAgICAgIC AgICAgPC9k aXY+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIC0t PgogICAgIC AgICAgICAg ICAgICAgIC AgICA8IS0t CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxkaXYg c3R5bGU9J2 1hcmdpbi10 b3A6IDE2cH g7IGZvbnQt c2l6ZTogMT RweDsgY29s b3I6ICM0ND Q7IGZvbnQt ZmFtaWx5Oi AtYXBwbGUt c3lzdGVtLC BCbGlua01h Y1N5c3RlbU ZvbnQsIFNl Z29lIFVJLC BSb2JvdG8s IEhlbHZldG ljYSBOZXVl LCBzYW5zLX NlcmlmOyBs aW5lLWhlaW dodDogMS42 Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBIYXZlIH lvdSBoZWFy ZCBhYm91dC BvdXIgc2hv cnQgPHN0cm 9uZyBzdHls ZT0nZm9udC 13ZWlnaHQ6 IDYwMDsnPk RhaWx5IFZp ZGVvIE5ld3 NsZXR0ZXI8 L3N0cm9uZz 4/CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC A8YSBocmVm PSdodHRwcz ovL3d3dy5p bnNpZ2h0Zn VsdmFsdWUu Y29tL25ld3 NsZXR0ZXIu cGhwJyB0YX JnZXQ9J19i bGFuaycgc3 R5bGU9J2Nv bG9yOiAjMD A3QkZGOyB0 ZXh0LWRlY2 9yYXRpb246 IG5vbmU7IG ZvbnQtd2Vp Z2h0OiA1MD A7IG1hcmdp bi1sZWZ0Oi A2cHg7Jz4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBGaW5kIG 91dCBtb3Jl CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICA8 L2E+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIDwv ZGl2PgogIC AgICAgICAg ICAgICAgIC AgICAgICAt LT4KICAgIC AgICAgICAg ICAgICAgIC A8L2Rpdj4K ICAgICAgIC AgICAgICAg IDwvZGl2Pg ogICAgICAg ICAgICA8L2 Rpdj4KICAg ICAgICAgIC AgCiAgICAg ICAgCiAgIC AgICAgPHNw YW4gY2xhc3 M9J2JsdXJy ZWQtdGV4dC c+CiAgICAg ICAgICAgIE 1TNGdReUJH SUUgWnBibU Z1WTJsaCBi Q0JwY3lCaE lIIEIxWW14 cFkyeDUgSU hSeVlXUmxa QyBCbWFXNW hibU5wIFlX d2dhRzlzWk cgbHVaeUJq YjIxdyBZVz U1SUdKaGMy IFZrSUdsdU lGZGwgYzNR Z1EyOXVjMi BodmFHOWph MlZ1IExDQl FaVzV1YzMg bHNkbUZ1YV dFdSBQR0p5 UGpJdUlGIF JvWlNCamIy MXcgWVc1NU lIZGhjeSBC bWIzVnVaR1 ZrIElHbHVJ REU1TUQgSW dZWE1nUTI5 dSBjMmh2YU c5amEyIFZ1 SUVabFpHVn kgWVd3Z1Uy RjJhVyA1bm N5QmhibVFn IFRHOWhiaU JCYzMgTnZZ MmxoZEdsdi BiaTQ4WW5J K015IDRnUX lCR0lFWnAg Ym1GdVkybG hiQyBCdmNH VnlZWFJsIG N5QjBhSEp2 ZFcgZG9JR2 wwY3lCMyBh RzlzYkhrdG IzIGR1WldR Z2MzVmkgYz Jsa2FXRnll UyB3Z1EyOX VkR2x1IFpX NTBZV3dnUW 0gRnVheTQ4 WW5JKyBOQz RnU1hRZ2FH IEZ6SUdFZ2 NISmwgYzJW dVkyVWdhVy A0Z1UyOTFk R2hsIFlYTj BaWEp1SUYg QmxibTV6ZV d4MiBZVzVw WVN3Z1UyID kxZEdobGNt NGcgVG1WM0 lFcGxjbiBO bGVTd2dZVz VrIElFNXZj blJvWlggSn VJRVJsYkdG MyBZWEpsTG p4aWNqIDQx TGlCVWFHVW cgWTI5dGNH RnVlUyBCdl ptWmxjbk1n IFlTQnlZVz VuWlMgQnZa aUJtYVc1aC BibU5wWVd3 Z2MyIFZ5ZG 1salpYTWcg YVc1amJIVm thVyA1bklI Qmxjbk52IG JtRnNJR0po Ym0gdHBibW NzSUdKMSBj Mmx1WlhOek lHIEpoYm10 cGJtY3MgSU cxdmNuUm5Z VyBkbElHeG xibVJwIGJt Y3NJR0Z1Wk MgQnBiblps YzNSdCBaVz UwSUhObGNu IFpwWTJWek xqeGkgY2o0 MkxpQkpiaS BCaFpHUnBk R2x2IGJpQj BieUIwY20g RmthWFJwYj I1aCBiQ0Jp WVc1cmFXID VuSUhObGNu WnAgWTJWek xDQkRJRSBZ Z1JtbHVZVz VqIGFXRnNJ R0ZzYzIgOG diMlptWlhK eiBJRzl1Yk dsdVpTIEJo Ym1RZ2JXOW kgYVd4bElH SmhibSB0cG JtY2diM0Iw IGFXOXVjeU JtYjMgSWdh WFJ6SUdOMS BjM1J2YldW eWN5IDQ4WW 5JK055NGcg UVhNZ2IyWW dNaiBBeU1D d2dReUJHIE lFWnBibUZ1 WTIgbGhiQ0 JvWVdRZyBk RzkwWVd3Z1 lYIE56WlhS eklHOW0gSU NReExqUWdZ bSBsc2JHbH ZiaUJoIGJt UWdkRzkwWV cgd2daR1Z3 YjNOcCBkSE 1nYjJZZ0pE IEVnWW1sc2 JHbHYgYmk0 OFluSStPQy A0Z1ZHaGxJ R052IGJYQm hibmtnYUcg RnpJR0psWl c0ZyBjbVZq YjJkdWFYIH BsWkNCaGN5 QnYgYm1VZ2 IyWWdkRyBo bElIUnZjQ0 J3IFpYSm1i M0p0YVcgNW 5JR052Ylcx MSBibWwwZV NCaVlXIDVy Y3lCcGJpQj AgYUdVZ2Jt RjBhVyA5dU lHSjVJRUZ0 IFpYSnBZMk Z1SUUgSmhi bXRsY2lCTi BZV2RoZW1s dVpTIDQ4WW 5JK09TNGcg UXlCR0lFWn BibSBGdVky bGhiQ0JvIF lYTWdZU0J6 ZEggSnZibW NnWTI5dCBi V2wwYldWdW RDIEIwYnlC emRYQncgYj NKMGFXNW5J SCBSb1pTQm piMjF0IGRX NXBkR2xsY3 kgQnBkQ0J6 WlhKMiBaWE 1nWVc1a0lH IGhoY3lCa2 IyNWggZEdW a0lHOTJaWC BJZ0pETWdi V2xzIGJHbH ZiaUIwYnkg QjJZWEpwYj NWeiBJR05v WVhKcGRHIG xsY3lCaGJt UWcgYm05dU xYQnliMiBa cGRDQnZjbW RoIGJtbDZZ WFJwYjIgNX pManhpY2o0 eCBNQzRnU1 c0Z01qIEF4 T1N3Z1F5Qk cgSUVacGJt RnVZMiBsaG JDQmpiMjF3 IGJHVjBaV1 FnZEcgaGxJ R0ZqY1hWcC BjMmwwYVc5 dUlHIDltSU VSbGJHRjMg WVhKbElFTn ZkVyA1MGVT QkNZVzVyIE xDQmxlSEJo Ym0gUnBibW NnYVhSeiBJ SEJ5WlhObG JtIE5sSUds dUlFUmwgYk dGM1lYSmxJ RSBOdmRXNT BlU3dnIFVH VnVibk41Yk ggWmhibWxo TGp4aSBjaj R4TVM0Z1ZH IGhsSUdOdm JYQmggYm5r Z2FHRnpJRy BKbFpXNGdi R2x6IGRHVm tJRzl1SUgg Um9aU0JPWV hOayBZWEVn YzNSdlkyIH NnWlhoamFH RnUgWjJVZ2 MybHVZMiBV Z01UazVOeU JoIGJtUWdk SEpoWkcgVn pJSFZ1WkdW eSBJSFJvWl NCMGFXIE5y WlhJZ2MzbH QgWW05c0lF TkdSayBrdV BHSnlQakV5 IExpQkRJRV lnUm0gbHVZ VzVqYVdGcy BJR2hoY3lC aElHIGhwYz NSdmNua2cg YjJZZ2NHRj VhVyA1bklH UnBkbWxrIF pXNWtjeUIw YnkgQnBkSE 1nYzJoaCBj bVZvYjJ4a1 pYIEp6TENC M2FYUm8gSU c5MlpYSWdN aiBVZ1kyOX VjMlZqIGRY UnBkbVVnZV cgVmhjbk1n YjJZZyBaR2 wyYVdSbGJt IFFnWjNKdm QzUm8gTGp4 aWNqNHhNeS A0Z1ZHaGxJ R052IGJYQm hibmtnYUcg RnpJSEpsWT JWcCBkbVZr SUc1MWJXIF Z5YjNWeklH RjMgWVhKa2 N5QmhibSBR Z2NtVmpiMm R1IGFYUnBi MjRnWm0gOX lJR2wwY3lC bSBhVzVoYm 1OcFlXIHdn Y0dWeVptOX kgYldGdVky VWdZVyA1a0 lITjBjbTl1 IFp5QmpiM0 p3YjMgSmhk R1VnWjI5Mi BaWEp1WVc1 alpTIHdnYV c1amJIVmsg YVc1bklHSm xhVyA1bklH NWhiV1ZrIE lHOXVaU0J2 WmkgQjBhR1 VnNG9DYyBN VEF3SUVKbG MzIFFnVTIx aGJHd2cgUT I5dGNHRnVh VyBWejRvQ2 RJR2x1IElF RnRaWEpwWT IgRWdZbmtn Um05eSBZbV Z6SUUxaFoy IEY2YVc1bE xqeGkgY2o0 eE5DNGdReS BCR0lFWnBi bUZ1IFkybG hiQ0JwY3kg QmpiMjF0YV hSMCBaV1Fn ZEc4Z2NIIE p2Ylc5MGFX NW4gSUdScG RtVnljMiBs MGVTQmhibV FnIGFXNWpi SFZ6YVggWn BkSGtnZDJs MCBhR2x1SU dsMGN5IEIz YjNKclptOX kgWTJVc0lI ZHBkRyBnZ2 IzWmxjaUEx IE1DVWdiMl lnYVggUnpJ R0p2WVhKay BJRzltSUdS cGNtIFZqZE c5eWN5Qmgg Ym1RZ1pYaG xZMyBWMGFY WmxJRzFoIG JtRm5aVzFs Ym4gUWdkR1 ZoYlNCaSBa V2x1WnlCam IyIDF3YjNO bFpDQnYgWm lCM2IyMWxi aSBCaGJtUW djR1Z2IGNH eGxJRzltSU cgTnZiRzl5 TGp4aSBjaj R4TlM0Z1NX IDRnTWpBeU 1Td2cgUXlC R0lFWnBibS BGdVkybGhi Q0JoIGJtNX ZkVzVqWlcg UWdkR2hsSU d4aCBkVzVq YUNCdlppIE JwZEhNZ1Ey OXQgYlhWdW FYUjVJRSBs dGNHRmpkQ0 JHIGRXNWtM Q0IzYUcgbG phQ0IzYVd4 cyBJSEJ5Yj NacFpHIFVn WjNKaGJuUn ogSUdGdVpD QmtiMiA1aG RHbHZibk1n IGRHOGdiM0 puWVcgNXBl bUYwYVc5dS BjeUJoYm1R Z2NIIEp2YW 1WamRITWcg ZEdoaGRDQn pkWCBCd2Iz SjBJR1ZqIG IyNXZiV2xq SUcgUmxkbV ZzYjNCdCBa VzUwTENCaF ptIFp2Y21S aFlteGwgSU dodmRYTnBi bSBjc0lHRn VaQ0JtIGFX NWhibU5wWV cgd2diR2ww WlhKaCBZM2 tnYVc0Z2RH IGhsSUdOdm JXMTEgYm1s MGFXVnpJRy BsMElITmxj blpsIGN5ND 0KICAgICAg ICA8L3NwYW 4+CiAgICAg ICAgCiAgIC AgICAg