Common use of Controls Clause in Contracts

Controls. The Company, the Bank and the Bank’s Subsidiaries have established and maintain a system of internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that pertain to the maintenance of records that accurately and fairly reflect the transactions and dispositions of the Company’s assets (on a consolidated basis), provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that Company’s and Bank’s receipts and expenditures and receipts and expenditures of each of the Company’s other Subsidiaries are being made only in accordance with authorizations of the Company management and Board of Directors, and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets of the Company on a consolidated basis that could have a material effect on the Financial Statements. The Company believes such internal control over financial reporting is effective to provide reasonable assurance regarding the reliability of the Company’s financial reporting and the preparation of the Financial Statements for external purposes in accordance with GAAP. Since the conclusion of the Company’s last completed fiscal year, to the Company’s knowledge there has not been and there currently is not (i) any significant deficiencies or material weaknesses in the design or operation of its internal control over financial reporting which are reasonably likely to adversely affect its ability to record, process, summarize and report financial information, or (ii) any fraud, whether or not material, that involves management or other employees who have a role in the Company’s or Bank’s internal control over financial reporting and the internal control over financial reporting of each other applicable Subsidiary of the Company. The Company (A) has implemented and maintains (as defined in Rule 13a-15(e) of the Exchange Act disclosure controls and procedures it believes are reasonably designed and maintained to ensure that material information relating to the Company is made known to the Chief Executive Officer and the Chief Financial Officer of the Company by others within the Company and (B) has disclosed, based on its most recent evaluation prior to the date hereof, to the Company’s outside auditors and the audit committee of the Company’s Board of Directors any significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the Company’s internal controls over financial reporting and of which the Company has knowledge. Such disclosure controls and procedures are effective for the purposes for which they were established.

Controls. The Company, the Bank Company and the Bank’s each of its Subsidiaries have established and maintain a system systems of internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that pertain accounting controls sufficient to the maintenance of records that accurately and fairly reflect the transactions and dispositions of the Company’s assets (on a consolidated basis), provide reasonable assurance that (i) transactions, including receipts and expenditures, are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in accordance conformity with GAAP, GAAP and that Company’s and Bank’s receipts and expenditures and receipts and expenditures of each of the Company’s other Subsidiaries are being made to maintain asset accountability; (iii) access to assets is permitted only in accordance with authorizations of the Company management management’s general or specific authorization; (iv) its policies and Board of Directors, and procedures provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets the Company’s assets, including the comparison of the Company on a consolidated basis that could have a material effect on recorded accountability for assets with the Financial Statementsexisting assets at reasonable intervals, and appropriate action is taken with respect to any differences and (v) its books and records accurately reflect its assets. The Company believes such Company’s internal control over financial reporting is effective to provide reasonable assurance regarding the reliability of the Company’s financial reporting and the preparation of the Financial Statements for external purposes in accordance with GAAP. Since the conclusion of the Company’s last completed fiscal year, to the Company’s knowledge there has not been and there currently Company is not (i) aware of any significant deficiencies or material weaknesses in the design or operation of its internal control over financial reporting which are reasonably likely to adversely affect its ability to record(other than as set forth in the Commission Documents). Since the date of the latest audited financial statements of the Company included in the Commission Documents, process, summarize and report financial information, or (ii) any fraud, whether or not material, that involves management or other employees who have a role there has been no change in the Company’s or Bank’s internal control over financial reporting and that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting of each (other applicable Subsidiary of than as set forth in the CompanyCommission Documents). The Company (A) has implemented established disclosure controls and maintains procedures (as defined in Rule 13a-15(eExchange Act Rules 13a-15 and 15d-15) of for the Company designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms, and designed such disclosure controls and procedures it believes are reasonably designed and maintained to ensure that material information relating to the Company and each of its Subsidiaries is made known to the Chief Executive Officer and the Chief Financial Officer of the Company certifying officers by others within those entities, particularly during the Company period in which the Company’s Annual Report on Form 10-K or Quarterly Report on Form 10-Q, as the case may be, is being prepared. The Company’s certifying officers have evaluated the effectiveness of the Company’s disclosure controls and procedures as of a date within ninety (B90) has disclosed, based on its most recent evaluation days prior to the filing date hereofof the Form 10-K for the fiscal year most recently ended (such date, the “Evaluation Date”). The Company presented in its Form 10-K for the fiscal year most recently ended the conclusions of the certifying officers about the effectiveness of the disclosure controls and procedures based on their evaluations as of the Evaluation Date and the disclosure controls and procedures are effective. Since the Evaluation Date, there have been no significant changes in the Company’s internal controls (as such term is defined in Item 307(b) of Regulation S-K under the Securities Act) or, to the Company’s outside auditors and the audit committee of the Company’s Board of Directors any significant deficiencies and material weaknesses Knowledge, in the design or operation of internal controls over financial reporting which are reasonably likely to adversely other factors that could significantly affect the Company’s internal controls over financial reporting and of which the Company has knowledge. Such disclosure controls and procedures are effective for the purposes for which they were establishedcontrols.

Controls. The Company, the Bank Company and the Bank’s each of its Subsidiaries have established and maintain a system systems of internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that pertain accounting controls sufficient to the maintenance of records that accurately and fairly reflect the transactions and dispositions of the Company’s assets (on a consolidated basis), provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in accordance conformity with GAAP, GAAP and that Company’s and Bank’s receipts and expenditures and receipts and expenditures of each of the Company’s other Subsidiaries are being made to maintain asset accountability; (iii) access to assets is permitted only in accordance with authorizations of management’s general or specific authorization; and (iv) the Company management recorded accountability for assets is compared with the existing assets at reasonable intervals and Board of Directors, and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets of the Company on a consolidated basis that could have a material effect on the Financial Statementsappropriate action is taken with respect to any differences. The Company believes such Company’s internal control over financial reporting is effective to provide reasonable assurance regarding the reliability of the Company’s financial reporting and the preparation of the Financial Statements for external purposes in accordance with GAAP. Since the conclusion of the Company’s last completed fiscal year, to the Company’s knowledge there has not been and there currently Company is not (i) aware of any significant deficiencies or material weaknesses in the design or operation of its internal control over financial reporting which are reasonably likely to adversely affect its ability to record(other than as set forth in the Commission Documents). Since the date of the latest audited financial statements of the Company included in the Commission Documents, process, summarize and report financial information, or (ii) any fraud, whether or not material, that involves management or other employees who have a role there has been no change in the Company’s or Bank’s internal control over financial reporting that has materially and adversely affected, or is reasonably likely to materially and adversely affect, the Company’s internal control over financial reporting of each (other applicable Subsidiary of than as set forth in the CompanyCommission Documents). The Company (A) has implemented established disclosure controls and maintains procedures (as defined in Rule 13a-15(e) of the Exchange Act Rules 13a-15 and 15d-15) for the Company and designed such disclosure controls and procedures it believes are reasonably designed and maintained to ensure that material information relating to the Company and each of its subsidiaries is made known to the Chief Executive Officer and the Chief Financial Officer of the Company certifying officers by others within those entities, particularly during the Company period in which the Company’s Annual Report on Form 10-K or Quarterly Report on Form 10-Q, as the case may be, is being prepared. The Company’s certifying officers have evaluated the effectiveness of the Company’s disclosure controls and procedures as of a date within ninety (B90) has disclosed, based on its most recent evaluation days prior to the filing date hereofof the Form 10-K for the fiscal year most recently ended (such date, the “Evaluation Date”). The Company presented in its Form 10-K for the fiscal year most recently ended the conclusions of the certifying officers about the effectiveness of the disclosure controls and procedures based on their evaluations as of the Evaluation Date and the disclosure controls and procedures are effective. Since the Evaluation Date, there shall have been no significant changes in the Company’s internal controls (as such term is defined in Item 307(b) of Regulation S-K under the Securities Act) or, to the Company’s outside auditors and the audit committee of the Company’s Board of Directors any significant deficiencies and material weaknesses Knowledge, in the design or operation of internal controls over financial reporting which are reasonably likely to adversely other factors that could significantly affect the Company’s internal controls over financial reporting and of which the Company has knowledge. Such disclosure controls and procedures are effective for the purposes for which they were establishedcontrols.

Controls. The Company, the Bank Company and the Bank’s each of its Subsidiaries have established and maintain a system systems of internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that pertain accounting controls sufficient to the maintenance of records that accurately and fairly reflect the transactions and dispositions of the Company’s assets (on a consolidated basis), provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in accordance conformity with GAAP, GAAP and that Company’s and Bank’s receipts and expenditures and receipts and expenditures of each of the Company’s other Subsidiaries are being made to maintain asset accountability; (iii) access to assets is permitted only in accordance with authorizations of management’s general or specific authorization; and (iv) the Company management recorded accountability for assets is compared with the existing assets at reasonable intervals and Board of Directorsappropriate action is taken with respect to any differences. Except as disclosed in the Commission Documents, and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets of the Company on a consolidated basis that could have a material effect on the Financial Statements. The Company believes such Company’s internal control over financial reporting is effective to provide reasonable assurance regarding the reliability of the Company’s financial reporting and the preparation of the Financial Statements for external purposes in accordance with GAAP. Since the conclusion of the Company’s last completed fiscal year, to the Company’s knowledge there has not been and there currently Company is not (i) aware of any significant deficiencies or material weaknesses in the design or operation of its internal control over financial reporting which are reasonably likely to adversely affect its ability to recordreporting. Since the date of the latest audited financial statements of the Company included in the Commission Documents, process, summarize and report financial information, or (ii) any fraud, whether or not material, that involves management or other employees who have a role there has been no change in the Company’s or Bank’s internal control over financial reporting and that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting of each (other applicable Subsidiary of than as set forth in the CompanyCommission Documents). The Company (A) has implemented established disclosure controls and maintains procedures (as defined in Rule 13a-15(e) of the Exchange Act Rules 13a-15 and 15d-15) for the Company and designed such disclosure controls and procedures it believes are reasonably designed and maintained to ensure that material information relating to the Company and each of its Subsidiaries is made known to the Chief Executive Officer and the Chief Financial Officer of the Company certifying officers by others within those entities, particularly during the Company period in which the Company’s annual report on Form 10-K or quarterly report on Form 10-Q, as the case may be, is being prepared. The Company’s certifying officers have evaluated the Company’s disclosure controls and procedures as of a date within ninety (B90) has disclosed, based on its most recent evaluation days prior to the filing date hereofof the Company’s annual report on Form 10-K (such date, the “Evaluation Date”) and, except as disclosed in the Commission Documents, the disclosure controls and procedures are effective. The Company presented in its annual report on Form 10-K the conclusions of the certifying officers about the effectiveness of the disclosure controls and procedures based on their evaluations as of the Evaluation Date. Since the Evaluation Date, there have been no significant changes in the Company’s internal controls (as such term is defined in Item 307(b) of Regulation S-K under the Securities Act) or, to the Company’s outside auditors and the audit committee of the Company’s Board of Directors any significant deficiencies and material weaknesses Knowledge, in the design or operation of internal controls over financial reporting which are reasonably likely to adversely other factors that could significantly affect the Company’s internal controls over financial reporting and of which the Company has knowledge. Such disclosure controls and procedures are effective for the purposes for which they were establishedcontrols.

Controls. The Company, the Bank and the Bank’s their respective Subsidiaries have established and maintain a system of internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that pertain to the maintenance of records that accurately and fairly reflect the transactions and dispositions of the Company’s assets (on a consolidated basis), provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that Company’s and Bank’s receipts and expenditures and receipts and expenditures of each of the Company’s other Subsidiaries are being made only in accordance with authorizations of the Company management and Board of Directors, and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets of the Company on a consolidated basis that could have a material effect on the Financial Statementsfinancial statements. The Company believes such internal control over financial reporting is effective to provide reasonable assurance regarding the reliability of the Company’s financial reporting and the preparation of the Financial Statements Company’s financial statements for external purposes in accordance with GAAP. Since the conclusion of the Company’s last completed fiscal year, to the Company’s knowledge there has not been and there currently is not (i) any significant deficiencies or material weaknesses in the design or operation of its internal control over financial reporting which are reasonably likely to adversely affect its ability to record, process, summarize and report financial information, or (ii) any fraud, whether or not material, that involves management or other employees who have a role in the Company’s or Bank’s internal control over financial reporting and the internal control over financial reporting of each other applicable Subsidiary of the Company. The Company (A) has implemented and maintains (as defined in Rule 13a-15(e) of the Exchange Act disclosure controls and procedures it believes are reasonably designed and maintained to ensure that material information relating to the Company is made known to the Chief Executive Officer and the Chief Financial Officer of the Company by others within the Company and (B) has disclosed, based on its most recent evaluation prior to the date hereof, to the Company’s outside auditors and the audit committee of the Company’s Board of Directors any significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the Company’s internal controls over financial reporting and of which the Company has knowledge. Such disclosure controls and procedures are effective for the purposes for which they were established.

Controls. The Company, the Bank and the Bank’s Subsidiaries have established and maintain Company maintains a system of internal control over financial reporting (as such term is defined in Rule 13a-15(f) of the Exchange Act1934 Act Regulations) that pertain to complies with the maintenance requirements of records that accurately the 1934 Act and fairly reflect the transactions and dispositions of has been designed by the Company’s assets (on a consolidated basis)principal executive officer and principal financial officer, or under their supervision, to provide reasonable assurance that (i) transactions are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain asset accountability; (iii) access to assets is permitted only in accordance with GAAPmanagement’s general or specific authorization; and (iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences; and, except as disclosed in the Registration Statement, the General Disclosure Package and that Company’s and Bank’s receipts and expenditures and receipts and expenditures the Prospectus, as of each the time of the last evaluation of the Company’s other Subsidiaries are being made only in accordance with authorizations of the Company management and Board of Directorsinternal control over financial reporting, and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets of the Company on a consolidated basis that could have a material effect on the Financial Statements. The Company believes such internal control over financial reporting is effective to provide reasonable assurance regarding the reliability of the Company’s financial reporting was effective, and the preparation of the Financial Statements for external purposes in accordance with GAAP. Since the conclusion of the Company’s last completed fiscal year, to the Company’s knowledge there has not been and there currently Company is not (i) aware of any significant deficiencies or material weaknesses in the design or operation of its internal control over financial reporting which are reasonably likely to adversely affect its ability to record, process, summarize and report financial information, or (ii) any fraud, whether or not material, that involves management or other employees who have a role in the Company’s or Bank’s internal control over financial reporting since such time. Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, since the time of the last evaluation of the Company’s internal control over financial reporting, to the knowledge of the Chief Accounting Officer of the Company, there has been no change in the Company’s internal control over financial reporting of each other applicable Subsidiary of that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting. The Company (A) has implemented maintains disclosure controls and maintains procedures (as such term is defined in Rule 13a-15(e) of the Exchange 1934 Act Regulations) that comply with the requirements of the 1934 Act; such disclosure controls and procedures it believes are reasonably have been designed and maintained to ensure that material information relating to the Company and its subsidiaries is made known to the Chief Executive Officer Company’s principal executive officer and the Chief Financial Officer of the Company principal financial officer by others within the Company and (B) has disclosed, based on its most recent evaluation prior to the date hereof, to the Company’s outside auditors and the audit committee those entities; as of the Company’s Board time of Directors any significant deficiencies the last evaluation of such disclosure controls and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the Company’s internal controls over financial reporting and of which the Company has knowledge. Such procedures, such disclosure controls and procedures are effective for were effective; and since the purposes for which they were establishedtime of such last evaluation, to the knowledge of the Chief Accounting Officer of the Company, there has been no change in the Company’s disclosure controls and procedures that has materially affected, or is reasonably likely to materially affect, the Company’s disclosure controls and procedures.

Controls. The Company, the Bank and the Bank’s Subsidiaries have established and maintain a system of internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that pertain to the maintenance of records that accurately and fairly reflect the transactions and dispositions of the Company’s assets (on a consolidated basis), provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that Company’s and Bank’s receipts and expenditures and receipts and expenditures of each of the Company’s other Subsidiaries are being made only in accordance with authorizations of the Company management and Board of Directors, and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets of the Company on a consolidated basis that could have a material effect on the Financial Statementsfinancial statements. The Company believes such internal control over financial reporting is effective to provide reasonable assurance regarding the reliability of the Company’s financial reporting and the preparation of the Financial Statements Company’s financial statements for external purposes in accordance with GAAP. Since the conclusion of the Company’s last completed fiscal year, to the Company’s knowledge there has not been and there currently is not (i) any significant deficiencies or material weaknesses in the design or operation of its internal control over financial reporting which are reasonably likely to adversely affect its ability to record, process, summarize and report financial information, or (ii) any fraud, whether or not material, that involves management or other employees who have a role in the Company’s or Bank’s internal control over financial reporting and the internal control over financial reporting of each other applicable Subsidiary of the Company. The Company (A) has implemented and maintains (as defined in Rule 13a-15(e) of the Exchange Act disclosure controls and procedures it believes are reasonably designed and maintained to ensure that material information relating to the Company is made known to the Chief Executive Officer and the Chief Financial Officer of the Company by others within the Company and (B) has disclosed, based on its most recent evaluation prior to the date hereof, to the Company’s outside auditors and the audit committee of the Company’s Board of Directors any significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the Company’s internal controls over financial reporting and of which the Company has knowledge. Such disclosure controls and procedures are effective for the purposes for which they were established.

Controls. The Company, the Bank Company and the Bank’s each of its Subsidiaries have established and maintain a system systems of internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that pertain accounting controls sufficient to the maintenance of records that accurately and fairly reflect the transactions and dispositions of the Company’s assets (on a consolidated basis), provide reasonable assurance that (i) transactions, including receipts and expenditures, are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in accordance conformity with GAAP, GAAP and that Company’s and Bank’s receipts and expenditures and receipts and expenditures of each of the Company’s other Subsidiaries are being made to maintain asset accountability; (iii) access to assets is permitted only in accordance with authorizations of the Company management management’s general or specific authorization; (iv) its policies and Board of Directors, and procedures provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of assets the Company’s assets, including the comparison of the Company on a consolidated basis that could have a material effect on recorded accountability for assets with the Financial Statementsexisting assets at reasonable intervals and appropriate action is taken with respect to any differences and (v) its books and records accurately reflect its assets. The Company believes such Company’s internal control over financial reporting is effective to provide reasonable assurance regarding the reliability of the Company’s financial reporting and the preparation of the Financial Statements for external purposes in accordance with GAAP. Since the conclusion of the Company’s last completed fiscal year, to the Company’s knowledge there has not been and there currently Company is not (i) aware of any significant deficiencies or material weaknesses in the design or operation of its internal control over financial reporting which are reasonably likely to adversely affect its ability to record(other than as set forth in the Commission Documents). Since the date of the latest audited financial statements of the Company included in the Commission Documents, process, summarize and report financial information, or (ii) any fraud, whether or not material, that involves management or other employees who have a role there has been no change in the Company’s or Bank’s internal control over financial reporting and that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting of each (other applicable Subsidiary of than as set forth in the CompanyCommission Documents). The Company (A) has implemented established disclosure controls and maintains procedures (as defined in Rule 13a-15(eExchange Act Rules 13a-15 and 15d-15) of for the Company designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms, and designed such disclosure controls and procedures it believes are reasonably designed and maintained to ensure that material information relating to the Company and each of its Subsidiaries is made known to the Chief Executive Officer and the Chief Financial Officer of the Company certifying officers by others within those entities, particularly during the Company period in which the Company’s Annual Report on Form 10-K or Quarterly Report on Form 10-Q, as the case may be, is being prepared. The Company’s certifying officers have evaluated the effectiveness of the Company’s disclosure controls and procedures as of a date within ninety (B90) has disclosed, based on its most recent evaluation days prior to the filing date hereofof the Form 10-K for the fiscal year most recently ended (such date, the “Evaluation Date”). The Company has presented in its Form 10-K for the fiscal year most recently ended the conclusions of the certifying officers about the effectiveness of the disclosure controls and procedures based on their evaluations as of the Evaluation Date and the disclosure controls and procedures are effective. Since the Evaluation Date, there have been no significant changes in the Company’s internal controls (as such term is defined in Item 307(b) of Regulation S-K under the Securities Act) or, to the Company’s outside auditors and the audit committee of the Company’s Board of Directors any significant deficiencies and material weaknesses Knowledge, in the design or operation of internal controls over financial reporting which are reasonably likely to adversely other factors that could significantly affect the Company’s internal controls over financial reporting and of which the Company has knowledge. Such disclosure controls and procedures are effective for the purposes for which they were establishedcontrols.