| Safe Harbor Statement Cautionary Note Regarding Forward-Looking Statements Certain statements in this presentation and in documents incorporated herein by reference, Mid-America Bancshares, Inc. (the "Company") may communicate statements relating to the future results of the Company and its two subsidiary banks, Bank of the South and PrimeTrust Bank ("banks" or "subsidiary banks") that may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act")). The Company's results depend almost entirely on the results of the subsidiary banks. The actual results achieved by the Company and/or the banks may differ materially from those included in the forward-looking statements. Forward-looking statements are typically identified by the words "believe, expect, anticipate, intend, estimate" and similar expressions. These statements may relate to, among other things, loan loss reserve adequacy, simulation of changes in interest rates and litigation results. Actual results may differ materially from those expressed or implied as a result of certain risks and uncertainties, including, but not limited to, social, political and economic conditions, interest rate fluctuations, competition for loans, mortgages, and other financial services and products, changes in interest rates, and unforeseen changes in liquidity, results of operations, and financial conditions affecting the Company and/or its customers, as well as other risks that cannot be accurately quantified or definitively identified. Many factors affecting the Company's financial condition and profitability, including changes in economic conditions, the volatility of interest rates, political events, equity and fixed income market fluctuations, personal and corporate customers' bankruptcies, inflation, technological change, changes in law, changes in fiscal, monetary, regulatory and tax policies, monetary fluctuations, success in gaining regulatory approvals when required as well as other risks and uncertainties and competition from other providers of financial services simply cannot be predicted. Because these factors are unpredictable and beyond the Company's control, earnings may fluctuate from period to period. The purpose of this type of information is to provide viewers of this presentation with information relevant to understanding and assessing the financial condition and results of operations of the Company and not to predict the future or to guarantee results. The Company undertakes no obligation to publish revised forward-looking statements to reflect the occurrence of changes or of unanticipated events, circumstances, or results. Cautionary Note Regarding Non-GAAP Information Certain financial information included in the Company's presentations have been determined by methods other than in accordance with accounting principles generally accepted within the United States (called "GAAP"). These non-GAAP financial measures include "tangible book value per share," "tangible shareholders' equity" and "return on average tangible equity." It is important to consider all such Non- GAAP financial measures in light of the Company's audited Consolidated Financial Statements that are contained in the Annual Report starting on page 3. Our management uses these non-GAAP measures in its analysis of its performance. These disclosures should not be viewed as a substitute for results determined in accordance with GAAP, and are not necessarily comparable to non-GAAP performance measures which may be presented by other companies. The information in our Consolidated Financial Statements is based on GAAP. |
