LEGAL DISCLAIMER CROSSFIRST BANKSHARES, INC. FORWARD
-LOOKING STATEMENTS. The financial results in
this presentation reflect preliminary, unaudited results, which are
not final until the Company’s Annual Report on Form 10-K is filed.
This presentation and oral statements made relating to this presentation
contain forward-looking statements. These forward-
looking statements reflect our current views with respect to, among other
things, future events and our financial performance. These forward
-looking statements include, but are not limited to, statements regarding our
business plans, the impacts of the acquisition of Central,* expansion
targets and opportunities, and future financial performance.
These statements are often, but not always, made through the use
of words or phrases such as "positioned," "optimistic," "potential,"
"believe," "expect," "will make," "will," "anticipate," "growth," "intend,"
"plan," "future," "goal," "target," "uncertainty,“ “strategy,”
“opportunities,” “feel,” “expectations,”and "assuming" or
the negative version of those words or other comparable words or ph
rases of a future or forward-looking nature. These forward-looking
statements are not historical facts, and are based on current expectations,
estimates and projections about our industry, management’s
beliefs and certain assumptions made by management, many
of which, by their nature, are inherently uncertain and beyond our
control. Accordingly, we caution you that any such forward
-looking statements are not guarantees of future performance
and are subject to risks, assumptions, estimates and uncertainties that are
difficult to predict. Although we believe that the expectations reflected
in these forward-looking statements are reasonable as of the date
made, actual results may prove to be materially different from
the results expressed or implied by the forward-looking statements. There
are or will
be important factors that could cause our actual results to differ
materially from those indicated in these forward-looking statements,
including, but not limited to, the following: risks related to general
business and economic conditions and any regulatory responses
to such conditions; interest rate fluctuations, our ability to effectively
execute our growth strategy and manage our growth, including identifying
and consummating suitable mergers and acquisitions; the geographic
concentration of our markets; fluctuation of the fair value of our investment
securities due to factors outside our control; our ability to
successfully manage our credit risk and the sufficiency of our allowance;
regulatory restrictions on our ability to grow due to our concentratio
n
in commercial real estate lending; our ability to attract, hire
and retain key personnel; our ability to raise or maintain sufficient capital;
competition from banks, credit unions and other financial services
providers; the effectiveness of our risk management framework
in mitigating risks and losses; our ability to maintain effective
internal control over financial reporting; our ability to keep pace
with technological changes; system failures and interruptions, cyber-attacks
and security breaches; employee error, fraudulent activity by employees
or clients and inaccurate or incomplete information about our
clients and counterparties; our ability to maintain our reputation;
costs and effects of litigation, investigations or similar matters;
risk exposure from transactions with financial counterparties;
risks relating to the ongoing COVID-19 pandemic; compliance
with governmental and regulatory requirements; and changes in the
laws, rules, regulations, interpretations or policies relating to financial
institutions, accounting, tax, trade, monetary and fiscal matters.
These and other factors that could cause results to differ materially
from those described in the forward-looking
statements, as well as a discussion of the risks and uncertainties that may affect
our business, can be found in our Annual Report on Form 10-K, our Quarterly
Reports on Form 10-Q and in other filings we make with the Securities
and Exchange Commission. These forward-looking statements
are made as of the date hereof, and we disclaim any obligation to
update any forward-looking statement or to publicly announce the
results of any revisions to any of the forward-looking statements
included herein, except as required by law. MARKET AND
INDUSTRY DATA. This presentation references
certain market, industry and demographic data, forecasts and other statistical
information. We have obtained this data, forecasts and information
from various independent, third party industry sources and
publications. Nothing in the data, forecasts or information used or derived
from third party sources should be construed as advice.
Some data and other information are also based on our good faith
estimates, which are derived from our review of industry publications
and surveys and independent sources. We believe that
these sources and estimates are reliable but have not independently
verified them. Statements as to our market position are based
on market data currently available to us. Although we are not aware
of any misstatements regarding the economic, employment, industry
and other market data presented herein, these estimates involve
inherent risks and uncertainties and are based on assumptions
that are subject to change. * CrossFirst acquired Farmers & Stockmens
Bank (referred to herein as “Central”) on November 22, 2022. 2
