LEGAL DISCLAIMER CROSSFIRST BANKSAHRES INC. FORWARD
-LOOKING STATEMENTS. The financial results
in this presentation reflect preliminary, unaudited results,
which are not final until the Company’s Quarterly Report on
Form 10-Q is filed. This presentation and oral statements made
relating to this presentation contain forward-looking statements. These
forward-
looking statements reflect our current views and include, but are not limited
to, statements regarding our business plans, expansion targets and
opportunities, the expected completion and timing of our acquisition
of Canyon Bancorporation, Inc. and its wholly owned subsidiary,
Canyon Community Bank, National Association (collectively,
"Canyon"), and future financial performance. These statements are
often, but not always, made through the use of words or phrases
such as “positioning,” “growth,” “approximately,” “believe,
”
“plan,” “future,” “opportunity,” “anticipate,” “target,” “expectations,”
“expect,” “will,” “strategy,” “goal, “focused,” “foresee
”
or the negative version of those words or other comparable words or phrases
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 a guarantee
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: a decline in general
business and economic conditions and any regulatory responses thereto,
including uncertainty and volatility in the financial markets; interest
rate fluctuations; our ability to effectively execute our growth strategy
and manage our growth, including identifying and consummating suitable
mergers and acquisitions, entering new lines of business or offering
new or enhanced services or products; the transition away from
the London Interbank Offered Rate (LIBOR); fluctuations in fair
value of our investments due to factors outside of our control; our
ability to successfully manage credit risk and the sufficiency
of our allowance; geographic concentration of our markets; economic
impact on our commercial
real estate and commercial-based loan portfolios, including declines
in commercial and residential real estate values; an increase
in non-performing assets; our ability to attract, hire and retain key personnel;
maintaining and increasing customer deposits, funding availability,
liquidity and our ability to raise and maintain sufficient capital;
competition from banks, credit unions and other financial services
providers; the effectiveness of our risk management framework;
accounting estimates; our ability to maintain effective internal control
over financial reporting; our ability to keep pace with technological
changes; cyber incidents or other failures, disruptions or security
breaches; employee error, fraud committed against the Company
or our clients, or incomplete or inaccurate information about clients
and counterparties; mortgage markets; our ability to maintain
our reputation;
costs and effects of litigation; environmental liability; risk exposure
from transactions with financial counterparties; severe weather,
natural
disasters, acts of war or terrorism or other external events; and changes
in laws, rules, regulations, interpretations or policies relating
to financial institutions. 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
