BFST Financial Statements Sample Clauses

BFST Financial Statements. (A) BFST has furnished or made available to TCBI true and complete copies of its (i) Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC, which contains BFST’s audited consolidated balance sheets as of December 31, 2020 and 2019, and the related statements of income, comprehensive income, shareholders’ equity and cash flows for the years ended December 31, 2020, 2019 and 2018 (the “BFST Annual Financial Statements”) and (ii) Quarterly Reports on Form 10-Q for each of the quarters ended March 31, 2021 and June 30, 2021, as filed with the SEC, which contain BFST’s unaudited consolidated balance sheets and related statements of income, comprehensive income, shareholders’ equity and cash flows as of and for the quarters and interim periods ended March 31, 2021 and June 30, 2021 (the “BFST Interim Financial Statements”). (B) The BFST Annual Financial Statements and BFST Interim Financial Statements have been prepared from the books and records of BFST and its Subsidiaries and fairly present, in all material respects, the consolidated financial position, results of operations, shareholders’ equity and cash flows of BFST at the dates and for the periods indicated in conformity with GAAP applied on a consistent basis throughout the periods indicated, except that the BFST Interim Financial Statements (i) omit the footnote disclosure required by GAAP and (ii) are subject to normal year-end audit adjustments required by GAAP. The consolidated balance sheets as of future dates and the related statements of income, comprehensive income, shareholders’ equity and cash flows of BFST for the periods then ended, which may be filed by BFST with the SEC subsequent to the date hereof, will be prepared from the books and records of BFST and its Subsidiaries and will fairly present, in all material respects, the consolidated financial position, results of operations, shareholders’ equity and cash flows of BFST at the dates and for the periods indicated in conformity with GAAP applied on a consistent basis throughout the periods indicated, except that unaudited financial statements may omit the footnote disclosure required by GAAP and be subject to normal year-end audit adjustments required by GAAP. (C) The records, systems, controls, data and information of BFST and its Subsidiaries are recorded, stored, maintained and operated under means (including any electronic, mechanical or photographic process, whether computerized or not) that are under...