Common use of Analysis of Financial Condition and Results of Operations Clause in Contracts

Analysis of Financial Condition and Results of Operations. describe in a manner that is true, fair and adequate and not misleading: (i) (a) the accounting policies that the Bank believes to be the most important in the portrayal of the Bank’s financial condition and results of operations and which require management’s most difficult, subjective or complex judgments (“Critical Accounting Policies”), (b) the uncertainties affecting the application of Critical Accounting Policies, and (c) an explanation of the likelihood that materially different amounts would be reported under different conditions or using different assumptions and (ii) all material trends, demands, commitments, events, uncertainties and risks, and the potential effects thereof, that would materially affect liquidity and are reasonably likely to occur. The Bank is not engaged in any transactions with, nor has any obligations to, any unconsolidated entities (if any) that are contractually limited to narrow activities that facilitate the transfer of or access to assets by the Bank, including structured finance entities and special purpose entities, or otherwise engage in, or have any obligations under, any off-balance sheet transactions or arrangements. As used herein, the phrase reasonably likely refers to a disclosure threshold lower than more likely than not; and the description set out in the Draft Red Xxxxxxx Prospectus, under the section “Management’s Discussion and Analysis of Financial Condition and Results of Operations” presents in a manner that is true, fair and adequate and not misleading, the factors that the management believes have, in the past, and may, in the foreseeable future, affect the business, financial condition and results of operations of the Bank.

Analysis of Financial Condition and Results of Operations. describe in a manner that is true, fair and adequate and not misleading: (i) (a) the accounting policies that the Bank believes Company and the Promoter Selling Shareholders believe to be the most important in the portrayal of the BankCompany’s financial condition and results of operations and which require management’s most difficult, subjective or complex judgments (“Critical Accounting Policies”), (b) the uncertainties affecting the application of Critical Accounting Policies, and (c) an explanation of the likelihood that materially different amounts would be reported under different conditions or using different assumptions and (ii) all material trends, demands, commitments, events, uncertainties and risks, and the potential effects thereof, that would materially affect liquidity and are reasonably likely to occur. The Bank None of the Company Entities is not engaged in any transactions with, nor or has any obligations to, any unconsolidated entities (if any) that are contractually limited to narrow activities that facilitate the transfer of or access to assets by the BankCompany Entities, including structured finance entities and special purpose entities, or otherwise engage engages in, or have has any obligations under, any off-off- balance sheet transactions or arrangements. As used herein, the phrase reasonably likely refers to a disclosure threshold lower than more likely than not; and the description set out in the Draft Red Xxxxxxx Prospectus, under the section “Management’s Discussion and Analysis of Financial Condition and Results of Operations” presents in a manner that is true, fair and adequate and not misleading, the factors that the management believes have, in the past, and may, in the foreseeable future, affect the business, financial condition and results of operations of the BankCompany Entities.

Analysis of Financial Condition and Results of Operations. describe in a manner that is true, fair and adequate and not misleading: (i) (a) the accounting policies that the Bank believes Company believe to be the most important in the portrayal of the BankCompany’s financial condition and results of operations and which require management’s most difficult, subjective or complex judgments (“Critical Accounting Policies”), (b) the uncertainties affecting the application of Critical Accounting Policies, and (c) an explanation of the likelihood that materially different amounts would be reported under different conditions or using different assumptions and (ii) all material trends, demands, commitments, events, uncertainties and risks, and the potential effects thereof, that would materially affect liquidity and are reasonably likely to occur. The Bank None of the Company Entities is not engaged in any transactions with, nor or has any obligations to, any unconsolidated entities (if any) that are contractually limited to narrow activities that facilitate the transfer of or access to assets by the BankCompany Entities, including structured finance entities and special purpose entities, or otherwise engage engages in, or have has any obligations under, any off-balance sheet transactions or arrangements. As used herein, the phrase reasonably likely refers to a disclosure threshold lower than more likely than not; and the description set out in the Draft Red Xxxxxxx Prospectus, under the section “Management’s Discussion and Analysis of Financial Condition and Results of Operations” presents in a manner that is true, fair and adequate and not misleading, the factors that the management believes have, in the past, and may, in the foreseeable future, affect the business, financial condition and results of operations of the BankCompany Entities.

Analysis of Financial Condition and Results of Operations. describe in a manner that is true, fair and adequate and not misleading: (i) (a) the accounting policies that the Bank believes Company believe to be the most important in the portrayal of the BankCompany’s financial condition and results of operations and which require management’s most difficult, subjective or complex judgments (“Critical Accounting Policies”), (b) the uncertainties affecting the application of Critical Accounting Policies, and (c) an explanation of the likelihood that materially different amounts would be reported under different conditions or using different assumptions and (ii) all material trends, demands, commitments, events, uncertainties and risks, and the potential effects thereof, that would materially affect liquidity and are reasonably likely to occur. The Bank Company is not engaged in any transactions with, nor or has any obligations to, any unconsolidated entities (if any) that are contractually limited to narrow activities that facilitate the transfer of or access to assets by the BankCompany, including structured finance entities and special purpose entities, or otherwise engage engages in, or have has any obligations under, any off-balance sheet transactions or arrangements. As used herein, the phrase reasonably likely refers to a disclosure threshold lower than more likely than not; and the description set out in the Draft Red Xxxxxxx Prospectus, under the section “Management’s Discussion and Analysis of Financial Condition and Results of Operations” presents in a manner that is true, fair and adequate and not misleading, the factors that the management believes have, in the past, and may, in the foreseeable future, affect the business, financial condition and results of operations of the BankCompany.

Analysis of Financial Condition and Results of Operations. describe in a manner that is true, fair and adequate and not misleading: (i) (a) the accounting policies that the Bank Company believes to be the most important in the portrayal of the BankCompany’s financial condition and results of operations and which require management’s most difficult, subjective or complex judgments (“Critical Accounting Policies”), (b) the uncertainties affecting the application of Critical Accounting Policies, and (c) an explanation of the likelihood that materially different amounts would be reported under different conditions or using different assumptions assumptions, and (ii) all material trends, demands, commitments, events, uncertainties and risks, and the potential effects thereof, that would materially affect liquidity and are reasonably likely to occur. The Bank is Company Entities are not engaged in any transactions with, nor has or have any obligations to, any unconsolidated entities (if any) that are contractually limited to narrow activities that facilitate the transfer of or access to assets by the BankCompany Entities, including structured finance entities and special purpose entities, or otherwise engage in, or have any obligations under, any off-balance sheet transactions or arrangements. As used herein, the phrase reasonably likely refers to a disclosure threshold lower than more likely than not; and the description set out in the Draft Red Xxxxxxx Prospectus, under the section “Management’s Discussion and Analysis of Financial Condition and Results of Operations” presents in a manner that is true, fair and adequate and not misleading, the factors that the management believes have, in the past, and may, in the foreseeable future, affect the business, financial condition and results of operations of the BankCompany Entities.

Analysis of Financial Condition and Results of Operations. describe in a manner that is true, fair and adequate and not misleading: (i) (a) the accounting policies that the Bank believes Company believe to be the most important in the portrayal of the BankCompany’s financial condition and results of operations and which require management’s most difficult, subjective or complex judgments (“Critical Significant Accounting Policies”), (b) the uncertainties affecting the application of Critical Significant Accounting Policies, and (c) an explanation of the likelihood that materially different amounts would be reported under different conditions or using different assumptions and (ii) all material trends, demands, commitments, events, uncertainties and risks, and the potential effects thereof, that would materially affect liquidity and are reasonably likely to occur. The Bank None of the Company Entities is not engaged in any transactions with, nor or has any obligations to, any unconsolidated entities (if any) that are contractually limited to narrow activities that facilitate the transfer of or access to assets by the BankCompany Entities, including structured finance entities and special purpose entities, or otherwise engage engages in, or have has any obligations under, any off-balance sheet transactions or arrangements. As used herein, the phrase reasonably likely refers to a disclosure threshold lower than more likely than not; and the description set out in the Draft Red Xxxxxxx Prospectus, under the section “Management’s Discussion and Analysis of Financial Condition and Results of Operations” presents in a manner that is true, fair and adequate and not misleading, the factors that the management believes have, in the past, and may, in the foreseeable future, affect the business, financial condition and results of operations of the BankCompany Entities.