FORWARD-LOOKING STATEMENTS CROSSFIRST
BANKSHARES, INC. 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 regarding, among other
things, our business plans; expansion targets and opportunities;
post-closing plans, objectives, expectations and intentions with respect
to the Tucson acquisition; expense management initiatives and
the results expected to be realized from those initiatives; anticipated expenses,
cash requirements and sources of liquidity; capital allocation strategies
and plans; and future financial performance. These statements
are often, but not always, made through the use of words or phrases
such as “positioned,” “growth,” “estimate,” “believe,”
“plan,” “future,” “opportunity,” “optimistic,” “anticipate,” “target,”
“expectations,” “expect,” “will,” “strategy,” “goal, “focused,”
“guidance,” “foresee” and similar words or phrases of a future or forward
-looking nature. The inclusion of forward-looking information herein should
not be regarded as a representation by us or any other person
that the future plans, estimates or expectations contemplated by
us will be achieved. These forward-looking statements are not historical
facts, and are based on current expectations, estimates and projections
about our industry, management’s beliefs, certain
assumptions made by management, and financial trends that may
affect our financial condition, results of operations, business strategy
or financial needs, many of which, by their nature, are
inherently uncertain and beyond our control. Our actual results could differ
materially from those anticipated in such forward-looking statements.
Accordingly, we caution you that any such forward-looking
statements are not guarantees
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 due to a number of
factors, including without limitation, the following: impact on us and
our clients of 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; fluctuations in fair value of our investments due to factor
s
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, pandemics, acts of war or terrorism or other external events;
and changes in laws, rules, regulations, interpretations or policies relating
to financial institutions, including stringent capital requirements,
higher FDIC insurance premiums and assessments, consumer
protection laws and privacy laws; volatility in our stock price; the
ability of our Board to issue our preferred stock; risks inherent with
proposed business acquisitions and the failure to achieve projected
synergies; or other external events. 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. 2