CASH 2018 Special Proxy Statement

SELECTED HISTORICAL CONSOLIDATED FINANCIAL DATA OF CRESTMARK The following table sets forth selected historical consolidated statement of operations data of Crestmark for the years ended December 31, 2017, 2016, 2015, 2014 and 2013 and consolidated balance sheet data of Crestmark as of December 31, 2017, 2016, 2015, 2014 and 2013. The selected consolidated statements of operations data of Crestmark for the years ended December 31, 2017, 2016 and 2015 and consolidated balance sheet data of Crestmark as of December 31, 2017 and 2016 have been derived from the audited consolidated financial statements of Crestmark for such years and as of such dates included in this joint proxy statement/ prospectus beginning on page F-2 and ending on page F-41. The selected consolidated statements of operations data of Crestmark for the years ended December 31, 2014 and 2013 and consolidated balance sheet data of Crestmark as of December 31, 2015, 2014 and 2013 have been derived from previously audited consolidated financial statements of Crestmark for such fiscal years and as of such dates that are not included in this joint proxy statement/prospectus. The selected consolidated financial data set forth below should be read in conjunction with the section titled “Crestmark Management’s Discussion and Analysis of Crestmark’s Financial Condition and Results of Operations” included elsewhere in this joint proxy statement/prospectus and “Consolidated Financial Statements of Crestmark and Subsidiaries” and the related notes and other financial information included elsewhere in this joint proxy statement/prospectus. Crestmark’s historical results may not be indicative of Crestmark’s future performance. At and for the fiscal year ended December 31, 2017 2016 2015 2014 2013 Selected Financial Condition Data (Dollars in Thousands) Total assets . . . . . . . . . . . . . . . . . . . . . . $1,213,421 $ 908,221 $ 780,801 $ 694,527 $ 502,211 Loans, leases and receivables, net . . . . . 882,196 676,734 567,947 513,290 417,022 Loans held for sale . . . . . . . . . . . . . . . . 42,060 15,108 5,115 — — Securities available for sale . . . . . . . . . . 27,964 20,347 23,496 20,798 16,715 Goodwill . . . . . . . . . . . . . . . . . . . . . . . . 10,619 9,619 9,619 9,619 5,664 Deposits . . . . . . . . . . . . . . . . . . . . . . . . . 1,018,829 719,202 647,521 596,563 431,075 Total borrowings . . . . . . . . . . . . . . . . . . 46,367 64,078 26,505 13,548 4,101 Stockholders’ equity . . . . . . . . . . . . . . . 113,929 92,008 80,988 74,874 63,405 Selected Operations Data (Dollars in Thousands, Except Per Share Data) Total interest income . . . . . . . . . . . . . . . $ 95,169 $ 73,921 $ 69,560 $ 70,079 $ 66,552 Total interest expense . . . . . . . . . . . . . . 12,500 7,952 6,014 3,658 2,580 Net interest income . . . . . . . . . . . . 82,669 65,969 63,546 66,421 63,972 Provision for loan losses . . . . . . . . 7,250 4,355 47 2,250 8,050 Net interest income after provision for loan losses . . . . . . . . . . . . . . . . . . . . . 75,419 61,614 63,499 64,171 55,922 Total non-interest income . . . . . . . . . . . 58,552 46,711 28,112 6,947 5,596 Total non-interest expense . . . . . . . . . . 103,564 85,980 69,676 46,880 41,157 Income before income tax expense . . . . . . . . . . . . . . . . . . . 30,407 22,345 21,935 24,238 20,361 Income tax expense (benefit) . . . . . . . . (2,030) 2,558 5,431 6,779 1,088 Net income . . . . . . . . . . . . . . . . . . 32,437 19,787 16,504 17,459 19,273 Net income attributable to noncontrolling interests . . . . . . . . . . . 3,326 4,242 4,022 5,792 4,879 Net income attributable to Crestmark . . . . . . . . . . . . . . . . . $ 29,111 $ 15,545 $ 12,482 $ 11,667 $ 14,394 13