Common use of Financial Statements; Regulatory Reports Clause in Contracts

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp as required by Section 3.3(i) hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date shall be deemed to modify contrary information as of any earlier date. SRNB has filed all material documents and reports required to be filed by them with the OCC and any other government agency or regulatory authority having jurisdiction over its business, assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authorities. All compliance or corrective action relating to SRNB required by government agencies and regulatory authorities having jurisdiction over SRNB has been taken. Except as disclosed in such statements, reports or documents, SRNB have not received any notification, formally or informally, from any agency or department of any federal, state or local government or any regulatory authority or the staff thereof (i) asserting that it is not in compliance with any of the statutes, regulations or ordinances which such government or regulatory authority enforces, or (ii) threatening to revoke any license, franchise, permit or government authorization. SRNB has paid all assessments made or imposed by any government agency. SRNB has delivered to NVBancorp copies of all annual management letters and opinions, and has made available to NVBancorp for inspection all reviews, correspondence and other documents in the files of SRNB prepared by certified public accountants engaged by SRNB and delivered to SRNB since December 31, 1994. The financial records of SRNB have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's general or specific authorization and recorded in conformity with generally accepted accounting principles at the time in effect. The data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNB.

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp SRNB as required by Section 3.3(i) hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date shall be deemed to modify contrary information as of any earlier date. SRNB NVBancorp has filed all material documents and reports required to be filed by them it with the OCC Commission, FDIC, FRB, the California Department of Financial Institutions and any other government agency or regulatory authority having jurisdiction over its their business, assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authorities. All compliance or corrective action relating to SRNB NVBancorp and NVB required by government agencies and regulatory authorities having jurisdiction over SRNB NVBancorp or NVB has been taken. Except as disclosed in such statements, reports or documents, SRNB have not neither NVBancorp nor NVB has received any notification, formally or informally, from any agency or department of any federal, state or local government or any regulatory authority or the staff thereof (ia) asserting that it is not in compliance with any of the statutes, regulations or ordinances which such government or regulatory authority enforces, or (iib) threatening to revoke any license, franchise, permit or government authorization. SRNB has NVBancorp and NVB have paid all assessments made or imposed by any government agency. SRNB NVBancorp has delivered to NVBancorp SRNB copies of all annual management letters and opinions, and has made available to NVBancorp SRNB for inspection all reviews, correspondence and other documents in the files of SRNB NVBancorp prepared by certified public accountants engaged by SRNB NVBancorp and delivered to SRNB NVBancorp since December 31, 1994. The financial records of SRNB NVBancorp have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's general or specific authorization and recorded in conformity with generally accepted accounting principles at the time in effect. The data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB NVBancorp in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNBNVBancorp.

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp YCB as required by Section 3.3(i) 3.3.i. hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date shall be deemed to modify contrary information as of any earlier date. SRNB NVBancorp has filed all material documents and reports required to be filed by them it with the OCC Commission, FDIC, FRB, the California Department of Financial Institutions and any other government agency or regulatory authority having jurisdiction over its their business, assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authorities. All compliance or corrective action relating to SRNB NVBancorp and NVB required by government agencies and regulatory authorities having jurisdiction over SRNB NVBancorp or NVB has been taken. Except as disclosed in such statements, reports or documents, SRNB have not neither NVBancorp nor NVB has received any notification, formally or informally, from any agency or department of any federal, state or local government or any regulatory authority or the staff thereof (ia) asserting that it is not in compliance with any of the statutes, regulations or ordinances which such government or regulatory authority enforces, or (iib) threatening to revoke any license, franchise, permit or government authorization. SRNB has NVBancorp and NVB have paid all assessments made or imposed by any government agency. SRNB NVBancorp has delivered to NVBancorp YCB copies of all annual management letters and opinions, and has made available to NVBancorp YCB for inspection all reviews, correspondence and other documents in the files of SRNB NVBancorp prepared by certified public accountants engaged by SRNB NVBancorp and delivered to SRNB NVBancorp since December March 31, 1994. The financial records of SRNB have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's general or specific authorization and recorded in conformity with generally accepted accounting principles at the time in effect. The data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNB.,

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp FNB as required by Section 3.3(i3.3(c) hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date shall be deemed to modify contrary information as of any earlier date. SRNB ACB has filed all material documents and reports required to be filed by them it with the OCC DBO and FDIC and any other government agency or regulatory authority having jurisdiction over its business, assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authorities. All compliance or corrective action relating to SRNB ACB required by government agencies and regulatory authorities having jurisdiction over SRNB ACB has been taken. Except as disclosed in such statements, reports or documents, SRNB have ACB has not received any notification, formally or informally, from any agency or department of any federal, state or local government or any regulatory authority or the staff thereof (i) asserting that it is not in compliance with any of the statutes, regulations or ordinances which such government or regulatory authority enforces, or (ii) threatening to revoke any license, franchise, permit or government authorization. SRNB ACB has paid all assessments made or imposed by any government agency. SRNB ACB has delivered to NVBancorp FNB copies of all annual management letters and opinions, and has made available to NVBancorp FNB for inspection all reviews, correspondence and other documents in the files of SRNB ACB prepared by certified public accountants engaged by SRNB ACB and delivered to SRNB ACB since December 31, 19942013. The financial records of SRNB ACB have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's ’s general or specific authorization and recorded in conformity with generally accepted accounting principles at the time in effect. The To the knowledge of ACB’s management, the data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB ACB in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNBACB.

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp WABC as required by Section 3.3(i3.2(f) hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date included with such financial statements or other documents provided or to be provide to WABC shall be deemed to modify contrary information supplied to WABC as of any earlier date. SRNB KSB has filed all material documents and reports relating to KSB required to be filed by them with the OCC and FDIC, the DFI, or any other government agency or regulatory governmental authority having jurisdiction over its business, business or any of its assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authoritiesagencies. All compliance or corrective action relating to SRNB KSB required by government agencies governmental authorities and regulatory authorities agencies having jurisdiction over SRNB has KSB have been taken. Except as disclosed in such statementsKSB is not subject to any order, reports agreement or documents, SRNB have not received any notification, formally or informally, from any agency or department of any federal, state or local government or written directive with any regulatory authority with respect to its assets or the staff thereof (i) asserting that it is not in compliance with any business except for matters of the statutes, regulations or ordinances which such government or regulatory authority enforces, or (ii) threatening to revoke any license, franchise, permit or government authorizationgeneral application. SRNB KSB has paid all assessments made or imposed by any government governmental agency. SRNB has delivered KSB shall deliver to NVBancorp WABC copies of all annual management letters and opinions, and has made shall make available to NVBancorp WABC for inspection all reviews, correspondence and other documents in the files of SRNB KSB prepared by Moss Adams or any other certified public accountants accountant engaged by SRNB and delivered KSB anx xxlxxxxxd to SRNB KSB since December 31January 1, 19941999. The consolidated financial records of SRNB KSB have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's general or specific authorization and recorded in conformity with generally accepted accounting principles GAAP, or applicable RAP, at the time in effect. The data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB KSB in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNBKSB.

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp Redwood Empire as required by Section 3.3(i3.1(e) hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date shall be deemed to modify contrary information as of any earlier date. SRNB Since 2001, Westamerica has filed all material documents and reports relating to Westamerica or its subsidiaries required to be filed by them it with the OCC and FDIC, the FRB, the DFI or any other government agency or regulatory governmental authority having jurisdiction over its business, business or any of its assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authoritiesagencies. All compliance or corrective action relating to SRNB Westamerica or its subsidiaries required by government agencies governmental authorities and regulatory authorities agencies having jurisdiction over SRNB Westamerica or its subsidiaries has been taken. Except as disclosed in such statements, reports or documents, SRNB Westamerica and its subsidiaries have not received any no notification, formally or informally, from any agency or department of any federal, state or local government or any regulatory authority agency or the staff thereof (iA) asserting that it is Westamerica or any of its subsidiaries are not in material compliance with any of the statutes, regulations or ordinances which such government governmental or regulatory authority enforces, or (iiB) threatening to revoke any license, franchise, permit or government authorizationgovernmental authorization of Westamerica or any of its subsidiaries. SRNB has Neither Westamerica nor any of its subsidiaries is subject to any order, agreement, or written directive with any regulatory authority with respect to its assets or business except for matters of general application. Westamerica and its subsidiaries have paid all assessments made or imposed by any government governmental agency. SRNB has delivered to NVBancorp copies of all annual management letters and opinions, and has made available to NVBancorp for inspection all reviews, correspondence and other documents in the files of SRNB prepared by certified public accountants engaged by SRNB and delivered to SRNB since December 31, 1994. The financial records of SRNB Westamerica have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's ’s general or specific authorization and recorded in conformity with generally accepted accounting principles GAAP at the time in effect. The data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNB.

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp VCB as required by Section 3.3(i3.3(c) hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date shall be deemed to modify contrary information as of any earlier date. SRNB has FNB and FNBNC have filed all material documents and reports required to be filed by them with the OCC Securities and Exchange Commission, OCC, FDIC, FRB, DBO and any other government agency or regulatory authority having jurisdiction over its business, assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authorities. All compliance or corrective action relating to SRNB FNB and FNBNC required by government agencies and regulatory authorities having jurisdiction over SRNB FNB or FNBNC has been taken. Except as disclosed in such statements, reports or documents, SRNB have not neither FNB nor FNBNC has received any notification, formally or informally, from any agency or department of any federal, state or local government or any regulatory authority or the staff thereof (i) asserting that it is not in compliance with any of the statutes, regulations or ordinances which such government or regulatory authority enforces, or (ii) threatening to revoke any license, franchise, permit or government authorization. SRNB has FNB and FNBNC have paid all assessments made or imposed by any government agency. SRNB FNB has delivered to NVBancorp VCB copies of all annual management letters and opinions, and has made available to NVBancorp VCB for inspection all reviews, correspondence and other documents in the files of SRNB FNB prepared by certified public accountants engaged by SRNB FNB and delivered to SRNB FNB since December 31, 19942013. The financial records of SRNB FNB have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's ’s general or specific authorization and recorded in conformity with generally accepted accounting principles at the time in effect. The To the knowledge of FNB’s management, the data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB FNB in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNBFNB.

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp Westamerica as required by Section 3.3(i3.2(f) hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date included with such financial statements or other documents provided or to be provided to Westamerica shall be deemed to modify contrary information supplied to Westamerica as of any earlier date. SRNB has Redwood Empire and NBR have filed all material documents and reports relating to Redwood Empire or NBR required to be filed by them with the OCC and FRB, the FDIC, the OCC, or any other government agency or regulatory governmental authority having jurisdiction over its business, business or any of its assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authoritiesagencies. All Except as set forth in Section 4(h) of the Redwood Empire Disclosure Schedule, all compliance or corrective action relating to SRNB Redwood Empire or any of its subsidiaries required by government agencies governmental authorities and regulatory authorities agencies having jurisdiction over SRNB Redwood Empire or any of its subsidiaries has been taken. Except as disclosed in such statementsNeither Redwood Empire nor any of its subsidiaries is subject to any order, reports agreement or documents, SRNB have not received any notification, formally written directive from or informally, from any agency or department of any federal, state or local government or with any regulatory authority with respect to its assets or the staff thereof (i) asserting that it is not in compliance with any business except for matters of the statutes, regulations or ordinances which such government or regulatory authority enforces, or (ii) threatening to revoke any license, franchise, permit or government authorizationgeneral application. SRNB has Redwood Empire and its subsidiaries have paid all assessments made or imposed by any government governmental agency. SRNB has delivered to NVBancorp copies of all annual management letters and opinions, and has made available to NVBancorp for inspection all reviews, correspondence and other documents in the files of SRNB prepared by certified public accountants engaged by SRNB and delivered to SRNB since December 31, 1994. The consolidated financial records of SRNB Redwood Empire have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's general or specific authorization and recorded in conformity with generally accepted accounting principles GAAP, or applicable RAP, at the time in effect. The data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB Redwood Empire in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNBRedwood Empire.

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp Westamerica as required by Section 3.3(i3.2(f) hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date included with such financial statements or other documents provided or to be provided to Westamerica shall be deemed to modify contrary information supplied to Westamerica as of any earlier date. SRNB has Redwood Empire and NBR have filed all material documents and reports relating to Redwood Empire or NBR required to be filed by them with the OCC and FRB, the FDIC, the OCC, or any other government agency or regulatory governmental authority having jurisdiction over its business, business or any of its assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authoritiesagencies. All Except as set forth in Section 4(h) of the Redwood Empire Disclosure Schedule, all compliance or corrective action relating to SRNB Redwood Empire or any of its subsidiaries required by government agencies governmental authorities and regulatory authorities agencies having jurisdiction over SRNB Redwood Empire or any of its subsidiaries has been taken. Except as disclosed in such statementsNeither Redwood Empire nor any of its subsidiaries is subject to any order, reports agreement or documents, SRNB have not received any notification, formally written directive from or informally, from any agency or department of any federal, state or local government or with any regulatory authority with respect to its assets or the staff thereof (i) asserting that it is not in compliance with any business except for matters of the statutes, regulations or ordinances which such government or regulatory authority enforces, or (ii) threatening to revoke any license, franchise, permit or government authorizationgeneral application. SRNB has Redwood Empire and its subsidiaries have paid all assessments made or imposed by any government governmental agency. SRNB has delivered to NVBancorp copies of all annual management letters and opinions, and has made available to NVBancorp for inspection all reviews, correspondence and other documents in the files of SRNB prepared by certified public accountants engaged by SRNB and delivered to SRNB since December 31, 1994. The consolidated financial records of SRNB Redwood Empire have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's ’s general or specific authorization and recorded in conformity with generally accepted accounting principles GAAP, or applicable RAP, at the time in effect. The data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB Redwood Empire in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNBRedwood Empire.

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp as required by Section 3.3(i) 3.3.i. hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date shall be deemed to modify contrary information as of any earlier date. SRNB YCB has filed all material documents and reports required to be filed by them with the OCC DFI and FDIC and any other government agency or regulatory authority having jurisdiction over its business, assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authorities. All compliance or corrective action relating to SRNB YCB required by government agencies and regulatory authorities having jurisdiction over SRNB YCB has been taken. Except as disclosed in such statements, reports or documents, SRNB YCB have not received any notification, formally or informally, from any agency or department of any federal, state or local government or any regulatory authority or the staff thereof (i) asserting that it is not in compliance with any of the statutes, regulations or ordinances which such government or regulatory authority enforces, or (ii) threatening to revoke any license, franchise, permit or government authorization. SRNB YCB has paid all assessments made or imposed by any government agency. SRNB YCB has delivered to NVBancorp copies of all annual management letters and opinions, and has made available to NVBancorp for inspection all reviews, correspondence and other documents in the files of SRNB YCB prepared by certified public accountants engaged by SRNB YCB and delivered to SRNB since December 31, 1994YCB since. The financial records of SRNB YCB have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's general or specific authorization and recorded in conformity with generally accepted accounting principles at the time in effect. The To the knowledge of YCB's management, the data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB YCB in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNBYCB.

Financial Statements; Regulatory Reports. No financial statement or other document provided or to be provided to NVBancorp Redwood Empire as required by Section 3.3(i3.1(e) hereof, as of the date of such document, contained, or as to documents to be delivered after the date hereof, will contain, any untrue statement of a material fact, or, at the date thereof, omitted or will omit to state a material fact necessary in order to make the statements contained therein, in light of the circumstances under which such statements were or will be made, not misleading; provided, however, that information as of a later date shall be deemed to modify contrary information as of any earlier date. SRNB Since 2001, Westamerica has filed all material documents and reports relating to Westamerica or its subsidiaries required to be filed by them it with the OCC and FDIC, the FRB, the DFI or any other government agency or regulatory governmental authority having jurisdiction over its business, business or any of its assets or properties. All such reports conform in all material respects with the requirements promulgated by such government agencies and regulatory authoritiesagencies. All compliance or corrective action relating to SRNB Westamerica or its subsidiaries required by government agencies governmental authorities and regulatory authorities agencies having jurisdiction over SRNB Westamerica or its subsidiaries has been taken. Except as disclosed in such statements, reports or documents, SRNB Westamerica and its subsidiaries have not received any no notification, formally or informally, from any agency or department of any federal, state or local government or any regulatory authority agency or the staff thereof (iA) asserting that it is Westamerica or any of its subsidiaries are not in material compliance with any of the statutes, regulations or ordinances which such government governmental or regulatory authority enforces, or (iiB) threatening to revoke any license, franchise, permit or government authorizationgovernmental authorization of Westamerica or any of its subsidiaries. SRNB has Neither Westamerica nor any of its subsidiaries is subject to any order, agreement, or written directive with any regulatory authority with respect to its assets or business except for matters of general application. Westamerica and its subsidiaries have paid all assessments made or imposed by any government governmental agency. SRNB has delivered to NVBancorp copies of all annual management letters and opinions, and has made available to NVBancorp for inspection all reviews, correspondence and other documents in the files of SRNB prepared by certified public accountants engaged by SRNB and delivered to SRNB since December 31, 1994. The financial records of SRNB Westamerica have been, and are being and shall be, maintained in all material respects in accordance with all applicable legal and accounting requirements sufficient to insure that all transactions reflected therein are, in all material respects, executed in accordance with management's general or specific authorization and recorded in conformity with generally accepted accounting principles GAAP at the time in effect. The data processing equipment, data transmission equipment, related peripheral equipment and software used by SRNB in the operation of its business to generate and retrieve its financial records are adequate for the current needs of SRNB.