The New York Community Bank announced on March 1st local time that its disclosure of "significant deficiencies" in risk tracking methods does not require additional loan loss provisions. "Our credit loss preparation has taken into account these deficiencies and is not expected to be adjusted," Alessandro DiNello, who took over as CEO from Thomas Cagemi this week, said in a statement. "The company has good liquidity and a solid deposit foundation. We believe we will execute our restructuring plan to achieve an increase in shareholder value."