Dictionary of Banking Terms: Form 10K
Form 10K
annual financial report filed with the Securities and Exchange Commission. Issuers of registered securities are required to file a 10K, as well as corporations with 500 or more shareholders, assets of $2 million, and exchange listed corporations. The report, which becomes public information once filed with the SEC, summarizes key financial information, including sources and uses of funds by type of business, net pre-tax operating income, provision for income taxes and loan losses, plus comparative financial statements for the last two fiscal years. A summary of the 10K report is included in the annual report to stockholders.