ADDED
Management's Discussion and Analysis of Financial Condition and Results of Operations 64 Item 7A.
Additionally, forward-looking statements speak only as of the date they are made; the Company does not assume any duty, does not undertake, and specifically disclaims any obligation to update such forward-looking statements, whether written or oral that may be made from time to time, whether because of new information, future events, or otherwise, except as required by law.
Such statements are based upon the current beliefs and expectations of the management of the Company and are subject to significant risks and uncertainties outside of the control of the parties.
Other factors, including unknown or unpredictable factors, also could harm the Company.
Accordingly, you should consider all of these risks, uncertainties and other factors carefully in evaluating all such forward-looking statements made by the Company and not place undue reliance on forward-looking statements.
Readers are cautioned not to place undue reliance on any forward-looking statements contained in this Form 10-K, which speak only as of the date hereof.
You are advised, however, to consult any additional disclosures we make in our reports to the Securities and Exchange Commission ( SEC ).
As of December 31, 2025, we had total consolidated assets of $7.9 billion, gross loans of $5.3 billion, total deposits of $6.4 billion, and total shareholders equity of $855 million.
The laws and regulations governing us generally have been promulgated to protect depositors, borrowers, the financial system, and the federal Deposit Insurance Fund ( DIF ), rather than shareholders.
On May 3, 2024, the Company completed its merger with Summit Financial Group, Inc., a West Virginia corporation ( Summit ), pursuant to the Agreement and Plan of Reorganization and accompanying Plan of Merger dated August 24, 2023 between the Company and Summit.
REMOVED
Management's Discussion and Analysis of Financial Condition and Results of Operations 53 Item 7A.
Disclosure Regarding Forward-Looking Statements This Form 10-K contains statements that we believe are, or may be considered to be, forward-looking statements.
Furthermore, forward-looking statements may be included in various filings that we make with the Securities and Exchange Commission ( SEC ) or press releases or oral statements made by or with the approval of one of our authorized executive officers.
Readers are cautioned not to place undue reliance on any forward-looking statements contained in this Form 10-K, which reflect management s opinions only as of the date hereof.
Except as required by law, we undertake no obligation to revise or publicly release the results of any revision to any forward-looking statements.
You are advised, however, to consult any additional disclosures we make in our reports to the SEC.
We have made, and will continue to make, various forward-looking statements with respect to financial and business matters.
Comments regarding our business that are not historical facts are considered forward-looking statements that involve inherent risks and uncertainties.
For as long as we are an emerging growth company, we may choose to take advantage of exemptions from various reporting requirements applicable to other public companies but not to emerging growth companies.
In this Form 10-K (including the portions of our proxy statement for our 2025 annual meeting, being incorporated herein by reference), we have elected to take advantage of the reduced disclosure requirements relating to executive compensation, and the exemption for auditor attestation over our internal controls, and in the future, we may take advantage of any or all of these exemptions for so long as we remain an emerging growth company.