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Trinity Capital delays Form 10-K filing

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Trinity Capital delays Form 10-K filing

Los Alamos,N.M.-based Trinity Capital Corp.on March 31 said it is unable to file its annual report on Form 10-K for the yearended Dec. 31, 2015, within the prescribed period.

According toa notification of late filing, the company has been unable to file within the requiredtime due to a restatement of prior periods. Such restatements, Trinity Capital disclosed,were needed because of weaknesses in controls related to the timing of certain loancharge-offs, identification and impairment of certain loans and the required additionalprovisions for loan losses allocated to those loans.

The companyalso said it does not anticipate filing the Forms 10-Q for March 31, June 30 andSept. 30, 2014, and March 31, June 30 and Sept. 30, 2015, due to the length of timethat has passed.

Trinity Capitalintends to file its Form 10-K for the year ended Dec. 31, 2014, as soon as practicable,and thereafter its Form 10-K for the year ended Dec. 31, 2015.