| (c) Copyright Statement 2 Forward - Looking Statements This presentation contains “forward - looking statements” within the meaning of the Private Securities Litigation Reform Act of 19 95. Forward - looking statements contain words such as “anticipate,” “believe,” “can,” “would,” “should,” “could,” “may,” “predict,” “seek,” “potential,” “will,” “est ima te,” “target,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “intend” or similar expressions that relate to the Company’s strategy, plans or intentions. Forward - looking statements involve certain important risks, uncertainties and other factors, any of which could cause actual results to differ materially from those in such statements. Suc h factors include, without limitation, the “Risk Factors” referenced in our most recent Form 10 - K filed with the Securities and Exchange Commission (SEC), other risks and uncertainties listed from time to time in our reports and documents filed with the SEC, and the following factors: ability to obtain regulatory approvals and meet o the r closing conditions to the mergers on the expected terms and schedule; delay in closing the mergers; difficulties and delays in integrating the NBHC, Community Bancorp ora tion, and Bancshares of Jackson Hole Incorporated businesses or fully realizing cost savings and other benefits; business disruption following the proposed transactions; ability to execute our business strategy; business and economic conditions; effects of any potential government shutdowns; economic, market, operational, liq uid ity, credit and interest rate risks associated with the Company’s business; effects of any changes in trade, monetary and fiscal policies and laws; changes impos ed by regulatory agencies to increase capital standards; effects of inflation, as well as, interest rate, securities market and monetary supply fluctuations; chang es in the economy or supply - demand imbalances affecting local real estate values; changes in consumer spending, borrowings and savings habits; with respect to o ur mortgage business, the inability to negotiate fees with investors for the purchase of our loans or our obligation to indemnify purchasers or repurchase related l oan s; the Company’s ability to identify potential candidates for, consummate, integrate and realize operating efficiencies from, acquisitions, consolidations and oth er expansion opportunities; the Company's ability to realize anticipated benefits from enhancements or updates to its core operating systems from time to time without sig nificant change in client service or risk to the Company's control environment; the Company's dependence on information technology and telecommunications systems of third - pa rty service providers and the risk of systems failures, interruptions or breaches of security; the Company’s ability to achieve organic loan and deposit gr owt h and the composition of such growth; changes in sources and uses of funds; increased competition in the financial services industry; the effect of changes in acco unt ing policies and practices; the share price of the Company’s stock; the Company's ability to realize deferred tax assets or the need for a valuation allowance; the ef fects of tax legislation, including the potential of future increases to prevailing tax rules, or challenges to our position; continued consolidation in the financia l s ervices industry; ability to maintain or increase market share and control expenses; costs and effects of changes in laws and regulations and of other legal and regulatory dev elo pments; technological changes; the timely development and acceptance of new products and services, including in the digital technology space our digital solutio n 2 UniFi; the Company’s continued ability to attract, hire and maintain qualified personnel; ability to implement and/or improve operational management and other inter nal risk controls and processes and reporting system and procedures; regulatory limitations on dividends from the Company's bank subsidiary; changes in estimates of future credit reserve requirements based upon the periodic review thereof under relevant regulatory and accounting requirements; widespread natural and other di sas ters, pandemics, dislocations, political instability, acts of war or terrorist activities, cyberattacks or international hostilities; a cybersecurity incide nt, data breach or a failure of a key information technology system; adverse effects due to the novel Coronavirus Disease 2019 (COVID - 19) on the Company and its clients, counterp arties, employees, and third - party service providers, and the adverse impacts on our business, financial position, results of operations, and prospects; impact of reputational risk; and success at managing the risks involved in the foregoing items. The Company can give no assurance that any goal or plan or expectation se t f orth in forward - looking statements can be achieved and readers are cautioned not to place undue reliance on such statements. The forward - looking statements are mad e as of the date of this press release, and the Company does not intend, and assumes no obligation, to update any forward - looking statement to reflect events o r circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events or circumstances, except as required by appl ica ble law. |
