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Entegra Financial Corp. Announces Third Quarter 2018 Results

Franklin, North Carolina | October 18, 2018

Entegra Financial Corp. (the “Company”) (NASDAQ:ENFC), the holding company for Entegra Bank (the “Bank”), today announced earnings and related data for the three and nine months ended September 30, 2018.

Highlights:

The following tables highlight the trends that the Company believes are most relevant to understanding the performance of the Company. As further detailed in Appendix A to this press release, adjusted results (which are non-U.S. generally accepted accounting principles, or non-GAAP, financial measures) reflect adjustments for investment gains and losses, investment impairment, and merger-related expenses.



Roger D. Plemens, President and Chief Executive Officer of the Company, reported, “We are pleased with the increase in core deposits during the third quarter of 2018 as the result of a Company-wide deposit campaign which increased core deposits by $28.4 million, or an annualized rate of 15.1%. Growing our balance sheet with core funding remains a key focus in our desire to continue growing shareholder value. Looking forward, we remain focused on opportunities to grow our franchise, with an emphasis on growing our commercial banking business.”

Read the complete earnings release here.

SOURCE: Entegra Financial Corp.
CONTACT: Roger D. Plemens, President & Chief Executive Officer, 828-524-7000

Entegra Financial Corp., Inc. Announces Date for Third Quarter 2018 Earnings Release and Conference Call

Franklin, North Carolina | October 5, 2018

Entegra Financial Corp. (the “Company”), (NASDAQ:ENFC), will release its third quarter 2018 financial results on Thursday, October 18, 2018, after the stock market closes. The company also will hold a conference call at 8:30 a.m. EDT on Friday, October 19, 2018, to discuss its financial results and business highlights.

To join the call, dial (800) 220-9875 and use the conference number 30134427#. The earnings release and materials related to the conference call will be available within the Investor Relations section of the company’s website.

About Entegra Financial Corp. and Entegra Bank

Entegra Financial Corp. is the registered bank holding company of Entegra Bank (the “Bank”). The company’s shares began trading on the NASDAQ Global Market on October 1, 2014 under the symbol “ENFC”.

Entegra Bank now operates a total of 18 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, the Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and the Northern Georgia counties of Pickens and Hall. The Bank also operates loan production offices in Asheville, North Carolina and Clemson, South Carolina.

For more information
David Bright
Chief Financial Officer
828-524-7000, ext. 5011


Entegra Bank Hires Greenville, South Carolina Market Executive

Franklin, North Carolina | October 2, 2018

Entegra Bank (the “Bank”), the wholly owned subsidiary bank of Entegra Financial Corp. (NASDAQ:ENFC) announced today that it has hired Russ Williams as its Market Executive in Greenville, South Carolina.

Mr. Williams comes to the Bank from another financial institution in Greenville, South Carolina and has over 33 years of banking experience in the upstate of South Carolina. He has served in a number of senior level positions during that time, including as a co-founder and chief executive officer of a local community bank which sold in 2013. Mr. Williams is engaged in the Greenville community and has served on the boards of directors of numerous local organizations, as well as being active in the South Carolina Bankers Association. Roger Plemens, President and Chief Executive Officer of the Bank, commented, “We are excited to add Russ to our team and look forward to him enhancing our presence in Greenville through his extensive contacts and community involvement.”

About Entegra Financial Corp. and Entegra Bank

Entegra Financial Corp. is the holding company of Entegra Bank. The company’s shares began trading on the NASDAQ Global Market under the symbol “ENFC”.

Entegra Bank now operates a total of 18 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, the Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and the Northern Georgia counties of Pickens and Hall. The Bank also operates loan production offices in Asheville, NC and Clemson, SC.

Disclosures About Forward Looking Statements:

The discussions included in this press release and its appendices may contain “forward-looking statements.” For the purposes of these discussions, any statements that are not statements of historical fact may be deemed to be “forward-looking statements.” Such statements are often characterized by the use of qualifying words such as “expects,” “anticipates,” “believes,” “estimates,” “plans,” “projects,” “will,” “should,” or other statements concerning opinions or judgments of the Company and its management about future events. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated and may adversely affect our results of operations and financial condition. The accuracy of such forward-looking statements could be affected by factors including, but not limited to: the Company’s ability to implement aspects of its growth strategy; the financial success or changing conditions or strategies of the Company’s customers or vendors; the Company’s ability to compete effectively against other financial institutions in its banking markets; fluctuations in interest rates; actions of government regulators; the availability of capital and personnel; and general economic and market conditions. These forward-looking statements express management’s current expectations, plans or forecasts of future events, results of operation and financial condition. Additional factors that could cause actual results to differ materially from those anticipated by forward-looking statements are discussed in the Company’s reports filed with or furnished to the Securities and Exchange Commission (the “SEC”) and available on the SEC’s website, including without limitation its annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. These forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to revise or update these statements following the date of this press release, except as required by applicable law.

SOURCE: Entegra Financial Corp.
CONTACT: Roger D. Plemens, President & Chief Executive Officer, 828-524-7000


Entegra Financial Corp. Announces Addition to the Executive Team

Franklin, North Carolina | July 23, 2018

Entegra Financial Corp. (NASDAQ:ENFC) (the “Company”), the holding company for Entegra Bank (the “Bank”), announced today that it has hired Delise Talley as an addition to the executive management team.

Mrs. Talley comes to Entegra from another financial institution in Asheville, North Carolina. Her 30-year career has included extensive experience in retail banking, small business banking, and human resources. During the last 17 years, she has led a team of over 500 employees in western North Carolina where she built and maintained outstanding customer experience and employee engagement.

Roger Plemens, President and Chief Executive Officer, commented, “We are excited to add Delise to our executive team and look forward to her thoughts and ideas as we continue to focus on retail banking. She will assume the role of Chief Retail Banking Officer upon Carolyn Huscusson’s retirement in February 2019 and will work closely with Carolyn over the next several months to ensure a smooth transition. Carolyn has been an invaluable source of knowledge and experience to Entegra for over 20 years and will be greatly missed.”

About Entegra Financial Corp. and Entegra Bank

Entegra Financial Corp. is the holding company of Entegra Bank. The company’s shares began trading on the NASDAQ Global Market under the symbol “ENFC”.

Entegra Bank now operates a total of 18 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, the Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and the Northern Georgia counties of Pickens and Hall. The Bank also operates loan production offices in Asheville, NC and Clemson, SC.

Disclosures About Forward Looking Statements:

The discussions included in this press release and its appendices may contain “forward-looking statements.” For the purposes of these discussions, any statements that are not statements of historical fact may be deemed to be “forward-looking statements.” Such statements are often characterized by the use of qualifying words such as “expects,” “anticipates,” “believes,” “estimates,” “plans,” “projects,” “will,” “should,” or other statements concerning opinions or judgments of the Company and its management about future events. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated and may adversely affect our results of operations and financial condition. The accuracy of such forward-looking statements could be affected by factors including, but not limited to: the Company’s ability to implement aspects of its growth strategy; the financial success or changing conditions or strategies of the Company’s customers or vendors; the Company’s ability to compete effectively against other financial institutions in its banking markets; fluctuations in interest rates; actions of government regulators; the availability of capital and personnel; and general economic and market conditions. These forward-looking statements express management’s current expectations, plans or forecasts of future events, results of operation and financial condition. Additional factors that could cause actual results to differ materially from those anticipated by forward-looking statements are discussed in the Company’s reports filed with or furnished to the Securities and Exchange Commission (the “SEC”) and available on the SEC’s website, including without limitation its annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. These forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to revise or update these statements following the date of this press release, except as required by applicable law.

SOURCE: Entegra Financial Corp.
CONTACT: Roger D. Plemens, President & Chief Executive Officer, 828-524-7000


Entegra Financial Corp. Announces Second Quarter 2018 Results

Franklin, North Carolina | July 19, 2018

Entegra Financial Corp. (the “Company”) (NASDAQ:ENFC), the holding company for Entegra Bank (the “Bank”), today announced earnings and related data for the three and six months ended June 30, 2018.

Highlights:

The following tables highlight the trends that the Company believes are relevant to understanding the performance of the Company. As further detailed in Appendix A, core results (which are non-U.S. generally accepted accounting principles, or non-GAAP, financial measures) reflect adjustments for investment gains and losses, investment impairment, and merger-related expenses.



Roger D. Plemens, President and CEO of the Company, reported, “We are pleased with our second quarter results, as they reflect our continued focus on growing net interest income which increased 20.4% from the same quarter in 2017. We are also pleased with the increase in Small Business Administration (“SBA”) gains during the second quarter of 2018 compared to the first quarter of 2017 which reflect the impact of hiring an SBA Director in January 2018. Looking forward, we remain focused on opportunities to grow our franchise with an emphasis on deposits in rural markets.”

Read the complete earnings release here.

SOURCE: Entegra Financial Corp.
CONTACT: Roger D. Plemens, President & Chief Executive Officer, 828-524-7000


Entegra Bank Announces Approval for Asheville, North Carolina Branch

Franklin, North Carolina | July 18, 2018

Entegra Bank, the wholly owned subsidiary bank of Entegra Financial Corp. (NASDAQ:ENFC) (the “Company”), today announced that it has received regulatory approval to open a de novo branch in Asheville, North Carolina.

Commenting on the approval, Roger Plemens, President and CEO of the Company, stated, “We look forward to expanding in Asheville with a full service branch that will complement the services currently provided by our loan production office in the area.”

A contract to purchase the branch, which is located at 1985 Hendersonville Rd, Asheville, North Carolina, has been executed. The opening of the branch, which is contingent on the transaction closing, is expected to occur in the fourth quarter of 2018.

About Entegra Financial Corp. and Entegra Bank

Entegra Financial Corp. is the holding company of Entegra Bank. The Company’s shares of common stock trade on the NASDAQ Global Market under the symbol “ENFC”.

Entegra Bank now operates a total of 18 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, the Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and the Northern Georgia counties of Pickens and Hall. The Bank also operates loan production offices in Asheville, NC and Clemson, SC.

Disclosures About Forward Looking Statements:

The discussions included in this press release and its appendices may contain “forward-looking statements.” For the purposes of these discussions, any statements that are not statements of historical fact may be deemed to be “forward-looking statements.” Such statements are often characterized by the use of qualifying words such as “expects,” “anticipates,” “believes,” “estimates,” “plans,” “projects,” “will,” “should,” or other statements concerning opinions or judgments of the Company and its management about future events. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated and may adversely affect our results of operations and financial condition. The accuracy of such forward-looking statements could be affected by factors including, but not limited to: the Company’s ability to implement aspects of its growth strategy; the financial success or changing conditions or strategies of the Company’s customers or vendors; the Company’s ability to compete effectively against other financial institutions in its banking markets; fluctuations in interest rates; actions of government regulators; the availability of capital and personnel; and general economic and market conditions. These forward-looking statements express management’s current expectations, plans or forecasts of future events, results of operation and financial condition. Additional factors that could cause actual results to differ materially from those anticipated by forward-looking statements are discussed in the Company’s reports filed with or furnished to the Securities and Exchange Commission (the “SEC”) and available on the SEC’s website, including without limitation its annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. These forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to revise or update these statements following the date of this press release, except as required by applicable law.

Entegra Financial Corp.
CONTACT: Roger D. Plemens, President & Chief Executive Officer, 828-524-7000


Entegra Financial Corp., Inc. Announces Date for Second Quarter 2018 Earnings Release and Conference Call

Franklin, North Carolina | July 5, 2018

Entegra Financial Corp., Inc (NASDAQ:ENFC), will release its second quarter 2018 financial results on Thursday, July 19, 2018, after the stock market closes. The company also will hold a conference call at 8:30 a.m. EST on Friday, July 20, 2018, to discuss its financial results and business highlights.

To join the call, dial (800) 220-9875 and use the conference number 30134427#. The earnings release and materials related to the conference call will be available within the Investor Relations section of the company’s website.

About Entegra Financial Corp. and Entegra Bank

Entegra Financial Corp. is the holding company of Entegra Bank. The company’s shares began trading on the NASDAQ Global Market on October 1, 2014 under the symbol “ENFC”.

Entegra Bank now operates a total of 18 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, the Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and the Northern Georgia counties of Pickens and Hall. The Bank also operates loan production offices in Asheville, NC, Clemson, SC, and Duluth, GA.

For more information
David Bright
Chief Financial Officer
828-524-7000, ext. 5011


Entegra Financial Corp. Announces First Quarter 2018 Results

Franklin, North Carolina | April 19, 2018

Entegra Financial Corp. (the “Company”) (NASDAQ:ENFC), the holding company for Entegra Bank (the “Bank”), today announced earnings and related data for the three months ended March 31, 2018.

Highlights:

The following tables highlight the trends that the Company believes are relevant to understanding the performance of the Company. As further detailed in Appendix A, core results (a non-GAAP measure) reflect adjustments for investment gains and losses, investment impairment and merger-related expenses.



Roger D. Plemens, President and CEO of the Company, reported, “We are very pleased with our first quarter results which reflect more than a 90% increase in core return on average equity and more than a 80% increase in core net income compared to the first quarter of 2017. We continued to experience strong loan demand during the first quarter with annualized growth of 12%, while improving net interest margin 19 basis points over the first quarter of 2017 to 3.49%. We remain very focused on improving our efficiency as the organization grows and are pleased to see our core efficiency ratio improve to 65%. Moving forward, we will continue to look for opportunities to supplement our organic growth with acquisitions that provide further low cost funding.’

Read the complete earnings release here.

SOURCE: Entegra Financial Corp.
CONTACT: Roger D. Plemens, President & Chief Executive Officer, 828-524-7000


Entegra Financial Corp., Inc. Announces Date for First Quarter 2018 Earnings Release and Conference Call

Franklin, North Carolina | April 5, 2018

Entegra Financial Corp., Inc (NASDAQ:ENFC), announced it will release its first quarter 2018 financial results on Thursday, April 19, 2018, after the stock market closes. The company also will hold a conference call at 8:30 a.m. EST on Friday, April 20, 2018, to discuss its financial results, business highlights and outlook.

To access the call, dial (800) 220-9875 and use the conference number 30134427#. The earnings release and materials related to the conference call will be available within the Investor Relations section of the company’s website

About Entegra Financial Corp. and Entegra Bank

Entegra Financial Corp. is the holding company of Entegra Bank. The company’s shares began trading on the NASDAQ Global Market on October 1, 2014 under the symbol “ENFC”.

Entegra Bank now operates a total of 18 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, the Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and the Northern Georgia counties of Pickens and Hall. The Bank also operates loan production offices in Asheville, NC, Clemson, SC, and Duluth, GA.

For more information
David Bright
Chief Financial Officer
828-524-7000, ext. 5011


Entegra Financial Corp. Announces Fourth Quarter 2017 Results

Franklin, North Carolina | January 18, 2018

Entegra Financial Corp. (the “Company”) (NASDAQ:ENFC), the holding company for Entegra Bank (the “Bank”), today announced earnings and related data for the three and year ended December 31, 2017.

Highlights:

The following tables highlight the most important trends that the Company believes are relevant to understanding the performance of the Company. As further detailed in Appendix A, core results (a non-GAAP measure) reflect adjustments for material items including investment gains and losses, investment impairment, merger-related expenses, and changes in the value of net deferred tax assets due to the passing of the Tax Cuts and Jobs Act of 2017.



Roger D. Plemens, President and CEO of the Company, reported, “The acquisitions we have completed over the last several years continue to reap benefits for our shareholders, achieving significant improvements in profitability and efficiency. We have been particularly focused on reaching a return on tangible equity of at least 8% in 2017, a benchmark which we surpassed in the fourth quarter on a core basis. As we look forward to the remainder of 2018 and beyond, we will continue to focus on organic and acquired growth opportunities allowing a return on tangible equity to 10% and greater, while further improving our efficiency ratio. With a tangible common equity to tangible assets ratio of 8.29% at December 31, 2017, we will also continue to consider opportunities to supplement our existing capital base.”

Read the complete earnings release here.

SOURCE: Entegra Financial Corp.
CONTACT: Roger D. Plemens, President & Chief Executive Officer, 828-524-7000


Entegra Financial Corp. Hires Director of SBA Lending

Franklin, North Carolina | January 17, 2018

Entegra Financial Corp. (Nasdaq:ENFC) (the “Company”), the holding company for Entegra Bank (the “Bank”), announced today that it has hired John Bickley as Director of SBA Lending.

Mr. Bickley comes to Entegra after serving as the SBA Director at several financial institutions in South Carolina. His 30 year career has included extensive experience building and growing SBA lending teams which were spread over multiple states. Roger Plemens, President and Chief Executive Officer, commented, “We are excited to add John to our team and look forward to expanding our SBA lending opportunities. John has a proven track record of leading this line of business and will greatly enhance our ability to serve our communities, while also providing a return for our shareholders.”/p>

About Entegra Financial Corp.

Entegra Financial Corp. is the holding company of Entegra Bank. The Company’s shares trade on the NASDAQ Global Market under the symbol “ENFC”.

Entegra Bank operates a total of 18 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, the Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and the Northern Georgia counties of Pickens and Hall. The Bank also operates loan production offices in Asheville, NC, Clemson, SC, and Duluth, GA.

Disclosures About Forward Looking Statements:

The discussions included in this document and its exhibits may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. For the purposes of these discussions, any statements that are not statements of historical fact may be deemed to be “forward-looking statements.” Such statements are often characterized by the use of qualifying words such as “expects,” “anticipates,” “believes,” “estimates,” “plans,” “projects,” or other statements concerning opinions or judgments of the Company and its management about future events. The accuracy of such forward looking statements could be affected by factors including, but not limited to, the financial success or changing conditions or strategies of the Company’s customers or vendors, fluctuations in interest rates, actions of government regulators, the availability of capital and personnel or general economic conditions. These forward looking statements express management’s current expectations, plans or forecasts of future events, results and condition, including financial and other estimates. Additional factors that could cause actual results to differ materially from those anticipated by forward looking statements are discussed in the Company’s filings with the Securities and Exchange Commission, including without limitation its Registration Statement on Form S-1, quarterly reports on Form 10-Q and current reports on Form 8-K. The Company undertakes no obligation to revise or update these statements following the date of this press release.

SOURCE: Entegra Financial Corp.
CONTACT: Roger D. Plemens, President & Chief Executive Officer, 828-524-7000


Entegra Financial Corp., Inc. Announces Date for Fourth Quarter 2017 Earnings Release and Conference Call

Franklin, North Carolina | January 5, 2018

Entegra Financial Corp., Inc (NASDAQ:ENFC), announced it will release its fourth quarter 2017 financial results on Thursday, January 18, 2018, after the stock market closes. The company also will hold a conference call at 8:30 a.m. EST on Friday, January 19, 2018, to discuss its financial results, business highlights and outlook.

To access the call, dial (844) 572-5683 and use the conference number 8527195#. The earnings release and materials related to the conference call will be available within the Investor Relations section of the company’s website

About Entegra Financial Corp. and Entegra Bank

Entegra Financial Corp. is the holding company of Entegra Bank. The Company’s shares began trading on the NASDAQ Global Market on October 1, 2014 under the symbol “ENFC”.

Entegra Bank now operates a total of 18 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, the Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and the Northern Georgia counties of Pickens and Hall. The Bank also operates loan production offices in Asheville, NC, Clemson, SC, and Duluth, GA.

For more information
David Bright
Chief Financial Officer
828-524-7000, ext. 5011


Entegra Financial Corp. Elects Doug Kroske to Board of Directors

Franklin, North Carolina | October 31, 2017

Entegra Financial Corp. (NASDAQ:ENFC) (the “Company”), the holding company for Entegra Bank (the “Bank”), announced that Douglas (“Doug”) Kroske has been elected to the Boards of Directors of the Company and the Bank. The Company also announced that Stan M. Jeffress will be retiring as a director of the Company and the Bank effective December 31, 2017. Mr. Jeffress, who served as the Bank’s Chief Financial Officer from September 1994 until his retirement in January 2009, has been a director since January 2008.

Mr. Kroske is a Chartered Financial Analyst and a private investor following a 34 year career with Liberty Life Insurance Company/RBC Liberty Insurance. He started his history with Liberty Life Insurance Company as a Securities Analyst, then became a Portfolio Manager and was named President of Liberty Capital Advisors (an SEC registered investment advisory firm) in 1987. After an acquisition by the Royal Bank of Canada in 1999, Mr. Kroske became Vice President and Chief Investment Officer of RBC Liberty Insurance where his duties included the oversight of all investments. He remained in that role until RBC Liberty Insurance was sold in 2011.

Mr. Kroske, age 64, is considered an independent director pursuant to the rules and listing standards of The NASDAQ Global Market. His expertise also qualifies him as an “audit committee financial expert” within the meaning of applicable SEC regulations. Mr. Kroske is community-minded and has been actively involved in a number of local professional organizations, including the South Carolina Society of Financial Analysts, Pleasantburg Sertoma (past President), and the Greenville Chapter of the American Cancer Society (past board member). He is currently a board member, Treasurer and Chairman of the Investment Committee of the Community Foundation of Greenville.

Roger D. Plemens, President and CEO of the Company, said, “We are very appreciative of the extraordinary contributions Stan has made during his tenure and will miss the guidance he has provided over the years. We are pleased to have Doug join our board and look forward to leveraging his extensive financial and capital markets knowledge. We believe Doug’s expertise will be an outstanding addition to the existing board skills.”

About Entegra Financial Corp. and Entegra Bank

Entegra Financial Corp. is the holding company of Entegra Bank. The Company’s shares began trading on the NASDAQ Global Market on October 1, 2014 under the symbol “ENFC”.

Entegra Bank now operates a total of 18 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, the Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and the Northern Georgia counties of Pickens and Hall. The Bank also operates loan production offices in Asheville, NC, Clemson, SC, and Duluth, GA.

Disclosures About Forward Looking Statements:

The discussions included in this document and its exhibits may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. For the purposes of these discussions, any statements that are not statements of historical fact may be deemed to be “forward-looking statements.” Such statements are often characterized by the use of qualifying words such as “expects,” “anticipates,” “believes,” “estimates,” “plans,” “projects,” or other statements concerning opinions or judgments of the Company and its management about future events. The accuracy of such forward looking statements could be affected by factors including, but not limited to, the financial success or changing conditions or strategies of the Company’s customers or vendors, fluctuations in interest rates, actions of government regulators, the availability of capital and personnel or general economic conditions. These forward looking statements express management’s current expectations, plans or forecasts of future events, results and condition, including financial and other estimates. Additional factors that could cause actual results to differ materially from those anticipated by forward looking statements are discussed in the Company’s filings with the Securities and Exchange Commission, including without limitation its Registration Statement on Form S-1, quarterly reports on Form 10-Q and current reports on Form 8-K. The Company undertakes no obligation to revise or update these statements following the date of this press release.

SOURCE: Entegra Financial Corp.
CONTACT: Roger D. Plemens, President & Chief Executive Officer, 828-524-7000

Media Contact

Roger D. Plemens
President & Chief Executive Officer
828-524-7000
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