| 2022 Investor Report 2 Forward - Looking Statements Certain statements herein constitute forward - looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 199 5. We may also make forward - looking statements in other documents we file with the Securities and Exchange Commission (“SEC”), in our annual reports to sharehold ers , in press releases and other written materials, and in oral statements made by our officers, directors or employees. Such statements may be identified by words su ch as “believes,” “will,” “would,” “expects,” “project,” “may,” “could,” “developments,” “strategic,” “launching,” “opportunities,” “anticipates,” “estimates,” “intends,” “pl ans,” “targets” and similar expressions. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant ris ks and uncertainties. Actual results may differ materially from those set forth in the forward - looking statements as a result of numerous factors. Factors that could cau se such differences to exist include, but are not limited to, ongoing disruptions due to the COVID - 19 pandemic and the measures taken to contain its spread on our employees, customers, business operations, credit quality, financial position, liquidity and results of operations; changes in general business and economic conditions on a na tio nal basis and in the local markets in which the Company operates, including changes that adversely affect borrowers’ ability to service and repay the Company’s loans; change s i n customer behavior; turbulence in the capital and debt markets and the impact of such conditions on the Company’s business activities; changes in interest rates; i ncr eases in loan default and charge - off rates; changes related to the discontinuation and replacement of LIBOR; decreases in the value of securities in the Company’s invest men t portfolio; fluctuations in real estate values; the possibility that future credit losses may be higher than currently expected due to changes in economic assumption s, customer behavior or adverse economic developments; the adequacy of loan loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans an d investments; competitive pressures from other financial institutions; acquisitions may not produce results at levels or within time frames originally anticipated; op era tional risks including, but not limited to, cybersecurity incidents, fraud, natural disasters, and future pandemics; changes in regulation; reputational risk relating to th e Company’s participation in the Paycheck Protection Program and other pandemic - related legislative and regulatory initiatives and programs; changes in accounting standar ds and practices; the risk that goodwill and intangibles recorded in the Company’s financial statements will become impaired; demand for loans in the Company’s market are a; the Company’s ability to attract and maintain deposits; risks related to the implementation of acquisitions, dispositions, and restructurings; the risk that the C omp any may not be successful in the implementation of its business strategy; changes in assumptions used in making such forward - looking statements and the risk fact ors described in the Annual Report on Form 10 - K and Quarterly Reports on Form 10 - Q as filed with the SEC, which are available at the SEC’s website, www.sec.gov. Shoul d one or more of these risks materialize or should underlying beliefs or assumptions prove incorrect, HarborOne’s actual results could differ materially from those discu sse d. Readers are cautioned not to place undue reliance on these forward - looking statements, which speak only as of the date of this release. The Company disclaims any obligat ion to publicly update or revise any forward - looking statements to reflect changes in underlying assumptions or factors, new information, future events or other chan ges, except as required by law. |
