Forward-looking statements - this press release contains forward-looking statements, which can be identified by the use of words such as "estimate," "project," "believe," "intend," "anticipate," "plan," "seek," "expect," "will," "may" and words of similar meaning. These forward-looking statements include, but are not limited to:
• statements of our goals, intentions and expectations;• statements regarding our business plans, prospects, growth and operating strategies;• statements regarding the asset quality of our loan and investment portfolios; and• estimates of our risks and future costs and benefits.
These forward-looking statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. We are under no duty to and do not take any obligation to update any forward-looking statements after the date of this release.
The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements:
• general economic conditions, either nationally, internationally or in our market areas, that are worse than expected;• competition among depository and other financial institutions;• inflation and changes in the interest rate environment that reduce our margins or reduce the fair value of financial instruments;• adverse changes in the securities markets;• changes in laws or government regulations or policies affecting financial institutions, including changes in regulatory fees and capital requirements;• our ability to enter new markets successfully and capitalize on growth opportunities;• our ability to successfully integrate acquired entities, if any;• changes in consumer spending, borrowing and savings habits;• changes in accounting policies and practices, as may be adopted by the bank regulatory agencies, the
Because of these and a wide variety of other uncertainties, our actual future results may be materially different from the results indicated by these forward-looking statements.
Walter Ida(808) 946-1400