Exhibit 99.2
Statement Regarding Forward Looking Statements
This report contains certain forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995) to assist in the understanding of anticipated future operating and financial performance, growth opportunities, growth rates, and other similar forecasts and statements of expectations. These forward-looking statements may be identified by the use of such words as: “estimate”, “anticipate”, “expect”, “believe”, “intend”, “plan”, or words of similar meaning, or future or conditional verbs such as “may”, “intend”, “could”, “will”, or “should”. These forward-looking statements reflect current views, but are based on assumptions and are subject to risks, uncertainties, and other factors, which may cause actual results to differ materially from those in such statements. These factors include, but are not limited to, the following:
| | • | | risks from changes in economic, monetary policy, and industry conditions; |
| | • | | changes in interest rates, deposit rates, the net interest margin, and funding sources; |
| | • | | market risk (including net interest income at risk analysis and economic value of equity risk analysis) and inflation; |
| | • | | risks inherent in making loans, including repayment risks and value of collateral; |
| | • | | loan growth, the adequacy of the allowance for loan losses, provision for loan losses, and the assessment of problem loans (including loans acquired via acquisition); |
| | • | | level, composition, and repricing characteristics of the securities portfolio; |
| | • | | deposit growth, change in the mix or type of deposit products; |
| | • | | fluctuations in consumer spending; |
| | • | | competition in the banking industry and demand for our products and services; |
| | • | | continued availability of senior management; |
| | • | | technological changes; |
| | • | | ability to increase market share; |
| | • | | income and expense projections; |
| | • | | risks associated with income taxes, including the potential for adverse adjustments; |
| | • | | acquisitions, greater than expected deposit attrition or customer loss, inaccuracy of related cost savings estimates, inaccuracy of estimates of financial results, and unanticipated integration issues; |
| | • | | significant delay or inability to execute strategic initiatives designed to grow revenues; |
| | • | | changes in accounting policies and practices; |
| | • | | changes in the evaluation of the effectiveness of our hedging strategies; |
| | • | | changes in regulatory actions, including the potential for adverse adjustments; |
| | • | | changes, costs, and effects of litigation, and environmental remediation; and |
| | • | | recently-enacted or proposed legislation. |
Such forward-looking statements speak only as of the date on which such statements are made and shall be deemed to be updated by any future filings made by TSFG with the Securities and Exchange Commission (“SEC”). We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made to reflect the occurrence of unanticipated events. In addition, certain statements in future filings by TSFG with the SEC, in press releases, and in oral and written statements made by or with the approval of TSFG, which are not statements of historical fact, constitute forward-looking statements.
