The Central Trust Bank
238 Madison Street
Jefferson City, MO 65101
Central Bancompany, Inc. Provides Mid-Quarter Update in Response to Recent Industry Events
For Immediate Release Media Contact:
March 27, 2023 Daniel Westhues 573.634.1281
Jefferson City, Mo. – In light of recent industry events, we want to update you on our financial strength. As you might expect, Central Bank has held true to its conservative community banking model that has allowed us to flourish for 120 years, including the currently volatile environment. Specifically:
We pride ourselves in our steadfast commitment to the financial well-being of our customers and stand ready to assist them in achieving their financial goals.
– Strong roots. Endless possibilities. –
About The Central Bank
The Central Trust Bank is headquartered in Jefferson City, Missouri, and has been serving businesses and customers since 1902. The bank is built on a strong foundation of people, community service, and technology.
The Central Trust Bank is a $19 billion Missouri state-chartered trust company with more than 250 locations in 78 communities serving consumers and businesses in Missouri, Kansas, Illinois, Oklahoma, Tennessee, North Carolina, Colorado, Iowa, and Florida. Divisions of The Central Trust Bank include Central Trust Company, Central Investment Advisors, Jefferson Bank, Bank Central, Central Travel, and Central Technology Services.
Forward-Looking Safe Harbor Statement
This release contains future-looking information and projections that are not statements of historical fact and that constitute “forward-looking statements” within the meaning of the federal securities laws. These forward-looking statements include, but are not limited to, statements with regarding the Company’s business plans and investment strategies, expectations with respect to investments in employees, branches and technologies, as well as net income growth; the Company’s profitability, the economic and interest rate environment; and the Company’s expenses. Words or phrases such as “anticipate,” “believe,” “aim,” “can,” “conclude,” “continue,” “could,” “estimate,” “expect,” “foresee,” “goal,” “intend,” “may,” “might,” “outlook,” “possible,” “plan,” “predict,” “project,” “potential,” “seek,” “should,” “target,” “will,” “will likely,” “would,” or the negative of these terms or other comparable terminology, as well as similar expressions, are intended to identify forward-looking statements but are not the exclusive means of identifying such statements.
Forward-looking statements express management’s beliefs regarding future results or events, many of which, by their nature, are inherently uncertain and subject to significant business, economic and competitive risks, uncertainties and contingencies, many of which are outside of management’s control. As a result, actual results and outcomes may differ, possibly materially, from the results or outcomes indicated in these forward-looking statements. Factors that may cause actual results or outcomes to differ from those included in our forward-looking statements include, but are not limited to: disruptions in our business operations due to COVID-19; the magnitude, duration and severity of the COVID-19 pandemic or any other global disruption that may occur; changes in consumer demand for financial services; our ability to retain key management and employees; and general competitive, economic, political and market conditions and fluctuations.
The forward-looking statements contained in this release are made as of March 27, 2023, and are based on information available to management on such date. We do not undertake any obligation to update, supplement or correct any of these forward-looking statements.