16:05 ET LINKBANCORP, Inc. Announces Fourth Quarter 2025 and Full Year 2025 Financial Results and Declares Dividend

, /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the parent company of LINKBANK (the "Bank"), reported net income of $2.9 million, or $0.08 per diluted share, for the quarter ended December 31, 2025, compared to net income of $7.8 million, or $0.21 per diluted share, for the quarter ended September 30, 2025. Excluding expenses associated with the pending merger with Burke & Herbert Financial Services Corp. ("Burke & Herbert") and other non-core expenses, adjusted pre-tax, pre-provision net income was $11.7 million1 for the quarter ended December 31, 2025, compared to $11.0 million1 for the quarter ended September 30, 2025. Net income for the year ended December 31, 2025 was $33.5 million, or $0.90 per diluted share, compared to $26.2 million, or $0.71 for the year ended December 31, 2024. Earnings for the fourth quarter of 2025 were adversely affected by increased provision expense primarily related to a specific reserve established for a single commercial credit (the "Commercial Relationship") with total exposure of $5.0 million, requiring a full impairment, with an after-tax effect of $4.0 million. The determination of this reserve resulted from concerns with the Commercial Relationship raised during the fourth quarter of 2025, leading to the identification of purported fraudulent activity in January 2026. Additionally, the Company announced that the Board of Directors declared a quarterly cash dividend of $0.075 per share of common stock which is expected to be paid on March 16, 2026 to shareholders of record on February 27, 2026. 1 See Appendix A – Reconciliation to Non-GAAP Financial Measures for the computation of this Non-GAAP measure. FULL YEAR 2025 HIGHLIGHTS: Annual Earnings Grow 26.8% over Prior Year. Earnings for the year ended December 31, 2025 were $33.5 million, or $0.90 per diluted share compared to $26.2 million, or $0.71 per diluted share for the year ended December 31, 2024, an increase of 26.8%. Adjusted pre-tax, pre-provision net income grew 20% year over year from $34.8 million1 for the year ended December 31, 2024 to $41.8 million1 for the year ended December 31, 2025. 15.7% Year over Year Increase in Tangible Book Value. Book value per share increased to $8.18 at December 31, 2025 compared to $8.16 at September 30, 2025 and $7.50 at December 31, 2024. Tangible book value per share increased to $6.201 at December 31, 2025 compared to $6.151 at September 30, 2025 and $5.361 at December 31, 2024. Expanding Deposit Franchise with 10.9% Annual Growth. Total deposits at December 31, 2025 were $2.55 billion compared to $2.67 billion at September 30, 2025 and $2.45 billion at December 31, 2024, representing an annual increase of $256.3 million2, or 10.9%, adjusting for the impact of the sale of banking operations and branches in New Jersey, including related loans and deposits (the "Branch Sale") and changes in brokered deposits. Robust Commercial Loan Growth. Total loans at December 31, 2025 were $2.56 billion, compared to $2.46 billion at September 30, 2025 and $2.35 billion at December 31, 2024, representing an annualized increase of $307.1 million2 or 13.1% annualized excluding the impact of the Branch Sale. Strategic Merger with Burke & Herbert. On December 18, 2025, the Company entered into a definitive agreement with Burke & Herbert, the parent company of Burke & Herbert Bank, under which the companies will combine in an all-stock combination, valued at approximately $354.2 million or $9.38 per share of Company common stock, based on the closing price for Burke & Herbert's common stock of $69.45 as of December 17, 2025, the day prior to the merger announcement. When the transaction is complete, the combined organization will be a leading Mid-Atlantic community banking franchise with approximately $11.0 billion in assets. Completion of the proposed transaction is subject to receiving the requisite approvals of each party's shareholders, receipt of all required regulatory approvals, and fulfillment of other customary closing conditions. 1 See Appendix A – Reconciliation to Non-GAAP Financial Measures for the computation of this Non-GAAP measure. 2 See Loan and Deposit tables for total loan and deposit growth reconciliations. "Overall, we were pleased with the core performance reflected in our quarterly and annual results, despite the impact of the required provision for a single commercial lending relationship," said Andrew Samuel, Chief Executive Officer of LINKBANCORP. "Annual net income reached an all-time high on strong growth in net interest income, continued progress in fee income and continued discipline in operating expenses. Looking ahead to 2026, we are excited to build on our strong organic growth, deliver exceptional service to our clients, and prepare for a successful merger with Burke & Herbert to create value for our shareholders." Income StatementNet interest income before the provision for credit losses for the fourth quarter of 2025 was $27.1 million compared to $26.4 million in the third quarter of 2025 and $25.5 million for the fourth quarter of 2024. The increase was primarily driven by the significant growth in average earnings assets. Net interest margin was 3.74% for the fourth quarter of 2025 compared to 3.75% for the third quarter of 2025, and 3.85% for the fourth quarter of 2024. The spread on interest rates was stable quarter over quarter as the average loan yield decreased from 6.26% for the third quarter of 2025 to 6.22% for the fourth quarter of 2025, while the cost of funds decreased from 2.34% for the third quarter of 2025 to 2.32% for the fourth quarter of 2025. Interest income from purchase accounting accretion during the fourth quarter of 2025 was approximately $150 thousand less than that recognized in the third quarter of 2025 and $813 thousand less than the fourth quarter of 2024. Noninterest income increased slightly quarter-over-quarter to $2.9 million for the fourth quarter of 2025 compared to $2.8 million for the third quarter of 2025. Year-over-year, noninterest income increased $326 thousand from $2.6 million for the fourth quarter of 2024. Noninterest expense for the fourth quarter of 2025 was $19.5 million compared to $18.2 million for the third quarter of 2025 and $18.3 million for the fourth quarter of 2024. The increase resulted primarily from an increased incentive compensation accrual, which was driven by achievement of organic growth goals, as well as a $500 thousand impairment on assets included in other expense. Income tax expense was $1.0 million for the fourth quarter of 2025, reflecting an effective tax rate of 26.1% compared to $2.2 million for the third quarter of 2025, reflecting an effective tax rate of 21.7% and $2.1 million for the fourth quarter of 2024, reflecting an effective tax rate of 21.9%. Balance SheetTotal assets were $3.07 billion at December 31, 2025 compared to $3.12 billion at September 30, 2025 and $2.88 billion at December 31, 2024. Deposits and net loans as of December 31, 2025 totaled $2.55 billion and $2.53 billion, respectively, compared to deposits and net loans of $2.67 billion and $2.43 billion, respectively at September 30, 2025 and $2.36 billion and $2.23 billion, respectively, at December 31, 2024. Deposits and net loans exclude recorded balances held for sale in the Branch Sale of $93.6 million and $91.8 million, respectively, at December 31, 2024, which are reflected within liabilities held for sale and assets held for sale. Total loans at December 31, 2025 were $2.56 billion, compared to $2.46 billion at September 30, 2025, representing an increase of $99.8 million, with the majority of the growth in commercial loans. For the full year, total loans have increased $307.1 million2 from December 31, 2024, excluding the impact of the Branch Sale, or 13.1% annualized. Total commercial loan commitments originated in the fourth quarter of 2025 were $199.4 million with funded balances of $132.7 million. The average commercial loan commitment originated during the fourth quarter of 2025 totaled approximately $1.1 million with an average outstanding funded balance of $750 thousand. Total deposits at December 31, 2025 were $2.55 billion compared to $2.67 billion at September 30, 2025, representing a decrease of $113.3 million or -4.3% annualized driven by seasonal outflows related primarily to professional services and commercial clients. For the full year, total deposits have increased $256.3 million2 from December 31, 2024, or 10.9%, adjusting for the impact of the Branch Sale and changes in brokered deposits. Noninterest bearing deposits totaled $603.7 million at December 31, 2025, down from $640.1 million at September 30, 2025. Brokered deposits decreased $40.0 million to $35.0 million at December 31, 2025. Average deposits increased $57.4 million, or 2.3%, to $2.56 billion for the quarter ended December 31, 2025, compared to $2.50 billion for the quarter ended September 30, 2025. This continued growth reflects our focus on developing deep relationships with our retail, professional services, and commercial clients to build a strong deposit franchise. The Company continues to maintain strong on-balance sheet liquidity, as total cash, cash equivalents, and securities available for sale were $314.9 million at December 31, 2025 compared to $462.1 million at September 30, 2025 and $311.7 million at December 31, 2024. Available sources of liquidity remain stable, with total availability of sources of liquidity of $1.31 billion at December 31, 2025. Shareholders' equity increased to $306.4 million at December 31, 2025 from $305.5 million at September 30, 2025. Book value per share increased to $8.18 at December 31, 2025 compared to $8.16 at September 30, 2025. Tangible book value per share increased to $6.201 at December 31, 2025 compared to $6.151 at September 30, 2025 and $5.361 at December 31, 2024, representing 15.7% growth year over year. 1 See Appendix A – Reconciliation to Non-GAAP Financial Measures for the computation of this Non-GAAP measure. 2 See Loan and Deposit tables for total loan and deposit growth reconciliations. Asset QualityThe Company recorded a $6.6 million provision for credit losses during the fourth quarter of 2025, $5.0 million of which related to a specific reserve for the Commercial Relationship referenced above. As noted above, the impairment resulted from concerns with the Commercial Relationship raised during the fourth quarter of 2025, leading to the identification of purported fraudulent activity in January 2026. The Company is pursuing all available sources of recovery. Based on the Company's review of the circumstances of the purported fraudulent activity involving this borrower, the Company believes this incident is an isolated occurrence and not indicative of a broader increase in exposure to fraud-related losses in connection with its lending businesses. The remaining $1.6 million in provision recorded was driven by the strong loan growth experienced in the fourth quarter. As of December 31, 2025, the Company's non-performing assets decreased to $24.4 million, representing 0.79% of total assets, compared to $24.6 million, representing 0.79% of total assets at September 30, 2025, resulting from the successful sale of multiple properties from one credit relationship, offset by the addition of the Commercial Relationship. Loans 30-89 days past due at December 31, 2025 were $8.22 million, representing 0.32% of total loans compared to $4.73 million or 0.19% of total loans at September 30, 2025 and $2.89 million or 0.13% of total loans at December 31, 2024. The increase was driven entirely by the inclusion of the Commercial Relationship, without which loans 30-89 days past due at December 31, 2025 would have decreased to $3.24 million. The allowance for credit losses for loans was $31.7 million, or 1.24% of total loans held for investment at December 31, 2025, compared to $25.3 million, or 1.03% of total loans held for investment at September 30, 2025. The ratio of the allowance for credit losses for loans to nonperforming assets was 129.85% at December 31, 2025, compared to 102.90% at September 30, 2025. The increase in the allowance for credit losses was primarily due to the $5.0 million specific reserve for the Commercial Relationship. The Company recorded $57 thousand in net recoveries during the fourth quarter of 2025 compared to $300 thousand in net charge-offs for the third quarter of 2025. CapitalThe Bank's regulatory capital ratios were well in excess of regulatory minimums to be considered "well capitalized" as of December 31, 2025. The Bank's Total Capital Ratio and Tier 1 Capital Ratio were 12.07% and 10.94% respectively, at December 31, 2025, compared to 12.31% and 11.39%, respectively, at September 30, 2025 and 11.55% and 10.74%, respectively, at December 31, 2024. The Company's ratio of Tangible Common Equity to Tangible Assets was 7.75%1 at December 31, 2025 compared to 7.56%1 at September 30, 2025 and 7.16%1 at December 31, 2024. 1 See Appendix A – Reconciliation to Non-GAAP Financial Measures for the computation of this Non-GAAP measure. ABOUT LINKBANCORP, Inc. LINKBANCORP, Inc. was formed in 2018 with a mission to positively impact lives through community banking. Its subsidiary bank, LINKBANK, is a Pennsylvania state-chartered bank serving individuals, families, nonprofits and business clients throughout Pennsylvania, Maryland, Delaware and Virginia, through 24 client solutions centers and www.linkbank.com. LINKBANCORP, Inc. common stock is traded on the Nasdaq Capital Market under the symbol "LNKB". For further company information, visit ir.linkbancorp.com. Forward Looking StatementsThis press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of current or historical fact and involve substantial risks and uncertainties. Words such as "anticipates," "believes," "estimates," "expects," "forecasts," "intends," "plans," "projects," "may," "will," "should," and other similar expressions can be used to identify forward-looking statements. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements include, but are not limited to the following: costs or difficulties associated with newly developed or acquired operations; changes in general economic trends, including inflation, tariffs and changes in interest rates; increased competition; changes in consumer demand for financial services; our ability to control costs and expenses; adverse developments in borrower industries and, in particular, declines in real estate values; changes in and compliance with federal and state laws that regulate our business and capital levels; our ability to raise capital as needed; and the effects of any cybersecurity breaches. In addition, factors from the proposed merger with Burke & Herbert that could cause actual results to differ materially include the following: the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the definitive merger agreement between Burke & Herbert and the Company; the outcome of any legal proceedings that may be instituted against Burke & Herbert or the Company; the possibility that the proposed transaction will not close when expected or at all because required regulatory, shareholder or other approvals are not received or other conditions to the closing are not satisfied on a timely basis or at all, or are obtained subject to conditions that are not anticipated (and the risk that required regulatory approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction); the ability of Burke & Herbert and the Company to meet expectations regarding the timing, completion and accounting and tax treatments of the proposed transaction; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the common stock of either or both parties to the proposed transaction; the possibility that the anticipated benefits of the proposed transaction will not be realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where Burke & Herbert and the Company do business; certain restrictions during the pendency of the proposed transaction that may impact the parties' ability to pursue certain business opportunities or strategic transactions; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management's attention from ongoing business operations and opportunities; the possibility that the parties may be unable to achieve expected synergies and operating efficiencies in the merger within the expected timeframes or at all and to successfully integrate the Company's operations and those of Burke & Herbert; such integration may be more difficult, time- consuming or costly than expected; revenues following the proposed transaction may be lower than expected; Burke & Herbert's and the Company's success in executing their respective business plans and strategies and managing the risks involved in the foregoing; the dilution caused by Burke & Herbert's issuance of additional shares of its capital stock in connection with the proposed transaction; effects of the announcement, pendency or completion of the proposed transaction on the ability of Burke & Herbert and the Company to retain customers and retain and hire key personnel and maintain relationships with their suppliers, and on their operating results and businesses generally; and risks related to the potential impact of general economic, political and market factors on the companies or the proposed transaction and other factors that may affect future results of Burke & Herbert and the Company; and the other factors discussed in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of each of Burke & Herbert's and the Company's Quarterly Report on Form 10–Q for the quarters ended March 31, 2025, June 30, 2025 and September 30, 2025, and other reports Burke & Herbert and the Company file with the Securities and Exchange Commission (the "SEC"). The Company does not undertake, and specifically disclaims, any obligation to publicly revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements, except as required by law. Accordingly, you should not place undue reliance on forward-looking statements. Additional Information and Where to Find ItIn connection with the proposed transaction, Burke & Herbert will file a registration statement on Form S-4 with the SEC to register the shares of Burke & Herbert common stock to be issued in connection with the proposed transaction. The registration statement will include a joint proxy statement of Burke & Herbert and the Company, which also constitutes a prospectus of Burke & Herbert, that will be sent to shareholders of Burke & Herbert and shareholders of the Company seeking certain approvals related to the proposed transaction. Each of Burke & Herbert and the Company may file with the SEC other relevant documents concerning the proposed transaction. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any offer or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended. INVESTORS AND SHAREHOLDERS OF THE COMPANY AND THEIR RESPECTIVE AFFILIATES ARE URGED TO READ, WHEN AVAILABLE, THE REGISTRATION STATEMENT ON FORM S-4, THE JOINT PROXY STATEMENT/PROSPECTUS TO BE INCLUDED WITHIN THE REGISTRATION STATEMENT ON FORM S-4 AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT BURKE & HERBERT, THE COMPANY AND THE PROPOSED TRANSACTION. Investors and shareholders will be able to obtain a free copy of the registration statement, including the joint proxy statement/prospectus, as well as other relevant documents filed with the SEC containing information about Burke & Herbert and the Company, without charge, at the SEC's website www.sec.gov. Copies of documents filed with the SEC by Burke & Herbert will be made available free of charge in the "Investor Relations" section of Burke & Herbert's website, www.burkeandherbertbank.com, under the heading "Financials." Copies of documents filed with the SEC by the Company will be made available free of charge in the "Investor Relations" section of the Company's website, www.linkbank.com, under the heading "Financials." The information on Burke & Herbert's or the Company's respective websites is not, and shall not be deemed to be, a part of this press release or incorporated into other filings either company makes with the SEC. Participants in SolicitationBurke & Herbert, the Company, and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from shareholders of Burke & Herbert and shareholders of the Company in respect of the proposed transaction under the rules of the SEC. Information regarding Burke & Herbert's directors and executive officers is available in its definitive proxy statement, which was filed with the SEC on March 31, 2025, and certain other documents filed by Burke & Herbert with the SEC. Information regarding the Company's directors and executive officers is available in its definitive proxy statement, which was filed with the SEC on April 17, 2025, and certain other documents filed by the Company with the SEC. Other information regarding the participants in the solicitation of proxies in respect of the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC. Free copies of these documents, when available, may be obtained as described in the preceding paragraph. LB-ELB-D LINKBANCORP, Inc. and Subsidiaries Consolidated Balance Sheet (Unaudited) December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 (In Thousands, except share and per share data) ASSETS Noninterest-bearing cash equivalents $ 15,482 $ 15,321 $ 15,319 $ 14,830 $ 13,834 Interest-bearing deposits with other institutions 36,811 178,832 139,764 205,352 152,266 Cash and cash equivalents 52,293 194,153 155,083 220,182 166,100 Securities available for sale, at fair value 262,620 267,930 169,569 159,183 145,590 Securities held to maturity, net of allowance for credit losses 25,485 26,595 26,809 27,662 31,508 Loans receivable, gross 2,556,729 2,456,977 2,356,609 2,273,941 2,255,749 Allowance for credit losses - loans (31,674) (25,342) (24,651) (26,619) (26,435) Loans receivable, net 2,525,055 2,431,635 2,331,958 2,247,322 2,229,314 Investments in restricted bank stock 7,735 4,791 4,821 4,780 5,209 Premises and equipment, net 15,957 15,822 15,861 17,920 18,029 Right-of-Use Asset – premises 15,225 15,632 15,410 14,537 14,913 Bank-owned life insurance 53,708 53,263 52,943 52,507 52,079 Goodwill and other intangible assets 74,172 75,213 76,296 77,379 79,761 Deferred tax asset 15,952 15,003 16,474 16,729 18,866 Assets held for sale — — — — 94,146 Accrued interest receivable and other assets 21,790 22,334 21,330 23,288 23,263 TOTAL ASSETS $ 3,069,992 $ 3,122,371 $ 2,886,554 $ 2,861,489 $ 2,878,778 LIABILITIES Deposits: Demand, noninterest bearing $ 603,728 $ 640,100 $ 646,654 $ 646,002 $ 658,646 Interest bearing 1,951,024 2,027,999 1,809,755 1,787,692 1,701,936 Total deposits 2,554,752 2,668,099 2,456,409 2,433,694 2,360,582 Long-term borrowings — 40,000 40,000 40,000 40,000 Short-term borrowings 115,000 — — — 10,000 Note payable — — — 559 565 Subordinated debt 62,281 62,255 62,279 62,129 61,984 Lease liabilities 15,564 15,965 15,740 15,284 15,666 Liabilities held for sale — — — — 93,777 Accrued interest payable and other liabilities 15,963 30,595 14,128 15,757 15,983 TOTAL LIABILITIES 2,763,560 2,816,914 2,588,556 2,567,423 2,598,557 SHAREHOLDERS' EQUITY Preferred stock — — — — — Common stock 370 370 370 370 370 Surplus 266,090 265,637 265,293 264,871 264,449 Retained earnings 42,300 42,157 37,107 32,507 19,947 Accumulated other comprehensive loss (2,328) (2,707) (4,772) (3,682) (4,545) TOTAL SHAREHOLDERS' EQUITY 306,432 305,457 297,998 294,066 280,221 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,069,992 $ 3,122,371 $ 2,886,554 $ 2,861,489 $ 2,878,778 Common shares outstanding 37,457,914 37,447,026 37,441,879 37,377,342 37,370,917 LINKBANCORP, Inc. and Subsidiaries Consolidated Statements of Operations (Unaudited) Three Months Ended Twelve Months Ended 12/31/2025 9/30/2025 12/31/2024 12/31/2025 12/31/2024 (In Thousands, except share and per share data) INTEREST AND DIVIDEND INCOME Loans receivable, including fees $ 39,123 $ 37,755 $ 37,082 $ 149,951 $ 146,175 Other 3,974 4,269 3,224 14,638 12,549 Total interest and dividend income 43,097 42,024 40,306 164,589 158,724 INTEREST EXPENSE Deposits 13,614 13,677 12,823 52,115 51,033 Other Borrowings 1,098 950 962 3,965 3,977 Subordinated Debt 1,261 1,011 976 4,219 3,820 Total interest expense 15,973 15,638 14,761 60,299 58,830 NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES 27,124 26,386 25,545 104,290 99,894 Provision for credit losses 6,594 1,003 132 8,169 257 NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 20,530 25,383 25,413 96,121 99,637 NONINTEREST INCOME Service charges on deposit accounts 1,074 1,120 1,339 4,311 4,036 Bank-owned life insurance 445 463 433 1,772 1,633 Net realized gains (losses) on the sale of debt securities — — — — 4 Gain on sale of loans 358 157 70 719 270 Gain on sale of branches — — — 11,093 — Other 1,043 1,065 752 4,020 2,919 Total noninterest income 2,920 2,805 2,594 21,915 8,862 NONINTEREST EXPENSE Salaries and employee benefits 11,223 10,513 10,147 43,144 41,061 Occupancy 1,373 1,356 1,368 5,501 5,945 Equipment and data processing 1,631 2,063 1,884 7,789 7,174 Professional fees 745 593 531 2,553 2,830 FDIC insurance and supervisory fees 255 439 687 1,830 2,396 Intangible amortization 1,041 1,083 1,162 4,291 4,778 Merger & restructuring expenses 650 — 56 707 914 Advertising 155 128 128 603 633 Other 2,466 1,996 2,339 9,015 9,173 Total noninterest expense 19,539 18,171 18,302 75,433 74,904 Income before income tax expense 3,911 10,017 9,705 42,603 33,595 Income tax expense 969 2,178 2,121 9,092 7,386 NET INCOME $ 2,942 $ 7,839 $ 7,584 $ 33,511 $ 26,209 EARNINGS PER SHARE, BASIC $ 0.08 $ 0.21 $ 0.20 $ 0.90 $ 0.71 EARNINGS PER SHARE, DILUTED $ 0.08 $ 0.21 $ 0.20 $ 0.90 $ 0.71 WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING, BASIC 37,266,414 37,192,313 37,045,701 37,173,548 36,990,672 DILUTED 37,415,446 37,335,646 37,166,107 37,315,644 37,105,614 LINKBANCORP, Inc. and Subsidiaries Financial Highlights (Unaudited) For the Three Months Ended For the Twelve Months Ended (Dollars In Thousands, except per share data) 12/31/2025 9/30/2025 12/31/2024 12/31/2025 12/31/2024 Operating Highlights Net Income $ 2,942 $ 7,839 $ 7,584 $ 33,511 $ 26,209 Net Interest Income 27,124 26,386 25,545 104,290 99,894 Provision for Credit Losses 6,594 1,003 132 8,169 257 Non-Interest Income 2,920 2,805 2,594 21,915 8,862 Non-Interest Expense 19,539 18,171 18,302 75,433 74,904 Earnings per Share, Basic 0.08 0.21 0.20 0.90 0.71 Adjusted Earnings per Share, Basic (2) 0.10 0.21 0.21 0.71 0.73 Earnings per Share, Diluted 0.08 0.21 0.20 0.90 0.71 Adjusted Earnings per Share, Diluted (2) 0.10 0.21 0.21 0.71 0.73 Selected Operating Ratios Net Interest Margin 3.74 % 3.75 % 3.85 % 3.81 % 3.88 % Annualized Return on Assets ("ROA") 0.38 % 1.04 % 1.06 % 1.14 % 0.94 % Adjusted ROA2 0.50 % 1.04 % 1.07 % 0.90 % 0.97 % Annualized Return on Equity ("ROE") 3.78 % 10.33 % 10.82 % 11.28 % 9.62 % Adjusted ROE2 4.93 % 10.33 % 10.88 % 8.92 % 9.89 % Efficiency Ratio 65.03 % 62.25 % 65.04 % 59.77 % 68.87 % Adjusted Efficiency Ratio3 61.21 % 62.25 % 64.84 % 63.72 % 68.04 % Noninterest Income to Avg. Assets 0.38 % 0.37 % 0.36 % 0.75 % 0.32 % Noninterest Expense to Avg. Assets 2.52 % 2.42 % 2.56 % 2.57 % 2.70 % 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 Financial Condition Data Total Assets $ 3,069,992 $ 3,122,371 $ 2,886,554 $ 2,861,489 $ 2,878,778 Loans Receivable, Net 2,525,055 2,431,635 2,331,958 2,247,322 2,229,314 Noninterest-bearing Deposits 603,728 640,100 646,654 646,002 658,646 Interest-bearing Deposits 1,951,024 2,027,999 1,809,755 1,787,692 1,701,936 Total Deposits $ 2,554,752 $ 2,668,099 $ 2,456,409 $ 2,433,694 $ 2,360,582 Selected Balance Sheet Ratios Total Capital Ratio1 12.07 % 12.31 % 12.43 % 12.61 % 11.55 % Tier 1 Capital Ratio1 10.94 % 11.39 % 11.51 % 11.71 % 10.74 % Common Equity Tier 1 Capital Ratio1 10.94 % 11.39 % 11.51 % 11.71 % 10.74 % Leverage Ratio1 9.69 % 9.95 % 10.34 % 10.02 % 9.49 % Tangible Common Equity to Tangible Assets4 7.75 % 7.56 % 7.89 % 7.78 % 7.16 % Tangible Book Value per Share5 $ 6.20 $ 6.15 $ 5.92 $ 5.80 $ 5.36 Asset Quality Data Non-performing Assets $ 24,393 $ 24,627 $ 21,877 $ 26,041 $ 17,173 Non-performing Assets to Total Assets 0.79 % 0.79 % 0.76 % 0.91 % 0.60 % Non-performing Loans to Total Loans 0.95 % 1.00 % 0.93 % 1.15 % 0.76 % Allowance for Credit Losses - Loans ("ACLL") $ 31,674 $ 25,342 $ 24,651 $ 26,619 $ 26,435 ACLL to Total Loans 1.24 % 1.03 % 1.05 % 1.17 % 1.17 % ACLL to Nonperforming Assets 129.85 % 102.90 % 112.68 % 102.22 % 153.93 % Net chargeoffs (recoveries)(6) $ (57) $ 300 $ 40 $ 81 $ 252 (1) - These capital ratios have been calculated using bank-level capital (2) - This is a non-GAAP financial measure. See our reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures at the end of this release. (3) - The efficiency ratio, as adjusted represents noninterest expense divided by the sum of net interest income and noninterest income, excluding gains or losses from securities sales and merger related expenses. This is a non-GAAP financial measure. See our reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures at the end of this release. (4) - We calculate tangible common equity as total shareholders' equity less goodwill and other intangibles, and we calculate tangible assets as total assets less goodwill and other intangibles. This is a non-GAAP financial measure. See our reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures at the end of this release. (5) - We calculate tangible book value per common share as total shareholders' equity less goodwill and other intangibles, divided by the outstanding number of shares of our common stock at the end of the relevant period. Tangible book value per common share is a non-GAAP financial measure, and, as we calculate tangible book value per common share, the most directly comparable GAAP financial measure is book value per common share. See our reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures at the end of this release. (6) - Charge offs for the twelve months ended December 31, 2025 do not include the impact of a settlement of a purchase credit deteriorated loan ("PCD") that resulted in a net decrease to the allowance of $2.0 million, which was covered by a specific reserve established on this PCD loan at the time of acquisition. LINKBANCORP, Inc. and Subsidiaries Net Interest Margin - Linked Quarter-To-Date (Unaudited) For the Three Months Ended December 31, 2025 September 30, 2025 (Dollars in thousands) Avg Bal Interest (2) Yield/Rate Avg Bal Interest (2) Yield/Rate Int. Earn. Cash $ 90,179 $ 672 2.96 % $ 190,584 $ 1,893 3.94 % Securities Taxable (1) 247,687 2,950 4.73 % 162,865 2,089 5.09 % Tax-Exempt 44,550 474 4.22 % 42,763 363 3.37 % Total Securities 292,237 3,424 4.65 % 205,628 2,452 4.73 % Total Cash Equiv. and Investments 382,416 4,096 4.25 % 396,212 4,345 4.35 % Total Loans (3) 2,497,355 39,123 6.22 % 2,393,119 37,755 6.26 % Total Earning Assets 2,879,771 43,219 5.95 % 2,789,331 42,100 5.99 % Other Assets 191,711 194,442 Total Assets $ 3,071,482 $ 2,983,773 Interest bearing demand $ 644,650 3,643 2.24 % $ 592,572 3,498 2.34 % Money market demand 633,856 3,597 2.25 % 635,450 3,985 2.49 % Time deposits 630,472 6,374 4.01 % 623,505 6,194 3.94 % Total Borrowings 182,877 2,359 5.12 % 153,493 1,961 5.07 % Total Interest-Bearing Liabilities 2,091,855 15,973 3.03 % 2,005,020 15,638 3.09 % Non Interest-Bearing Deposits 635,055 646,608 Total Cost of Funds 2,726,910 15,973 2.32 % 2,651,628 15,638 2.34 % Other Liabilities 35,907 31,044 Total Liabilities 2,762,817 2,682,672 Shareholders' Equity 308,665 301,101 Total Liabilities & Shareholders' Equity $ 3,071,482 $ 2,983,773 Net Interest Income/Spread (FTE) 27,246 2.92 % 26,462 2.90 % Tax-Equivalent Basis Adjustment (122) (76) Net Interest Income $ 27,124 $ 26,386 Net Interest Margin 3.74 % 3.75 % (1) Taxable income on securities includes income from available for sale securities and income from certificates of deposits with other banks. (2) Income stated on a tax equivalent basis which is a non-GAAP measure and reconciled to GAAP at the bottom of the table (3) Includes the balances of nonaccrual loans LINKBANCORP, Inc. and Subsidiaries Net Interest Margin - Quarter-To-Date (Unaudited) For the Three Months Ended December 31, 2025 2024 (Dollars in thousands) Avg Bal Interest (2) Yield/Rate Avg Bal Interest (2) Yield/Rate Int. Earn. Cash $ 90,179 $ 672 2.96 % $ 128,802 $ 1,300 4.02 % Securities Taxable (1) 247,687 2,950 4.73 % 138,168 1,540 4.43 % Tax-Exempt 44,550 474 4.22 % 44,958 486 4.30 % Total Securities 292,237 3,424 4.65 % 183,126 2,026 4.40 % Total Cash Equiv. and Investments 382,416 4,096 4.25 % 311,928 3,326 4.24 % Total Loans (3) 2,497,355 39,123 6.22 % 2,327,829 37,082 6.34 % Total Earning Assets 2,879,771 43,219 5.95 % 2,639,757 40,408 6.09 % Other Assets 191,711 202,693 Total Assets $ 3,071,482 $ 2,842,450 Interest bearing demand $ 644,650 3,643 2.24 % $ 537,856 3,043 2.25 % Money market demand 633,856 3,597 2.25 % 567,593 3,139 2.20 % Time deposits 630,472 6,374 4.01 % 607,231 6,641 4.35 % Total Borrowings 182,877 2,359 5.12 % 153,117 1,938 5.04 % Total Interest-Bearing Liabilities 2,091,855 15,973 3.03 % 1,865,797 14,761 3.15 % Non Interest-Bearing Deposits 635,055 665,276 Total Cost of Funds 2,726,910 15,973 2.32 % 2,531,073 14,761 2.32 % Other Liabilities 35,907 32,493 Total Liabilities 2,762,817 2,563,566 Shareholders' Equity 308,665 278,884 Total Liabilities & Shareholders' Equity $ 3,071,482 $ 2,842,450 Net Interest Income/Spread (FTE) 27,246 2.92 % 25,647 2.94 % Tax-Equivalent Basis Adjustment (122) (102) Net Interest Income $ 27,124 $ 25,545 Net Interest Margin 3.74 % 3.85 % (1) Taxable income on securities includes income from available for sale securities and income from certificates of deposits with other banks. (2) Income stated on a tax equivalent basis which is a non-GAAP measure and reconciled to GAAP at the bottom of the table (3) Includes the balances of nonaccrual loans LINKBANCORP, Inc. and Subsidiaries Net Interest Margin - Year-To-Date (Unaudited) For the Twelve Months Ended December 31, 2025 2024 (Dollars in thousands) Avg Bal Interest (2) Yield/Rate Avg Bal Interest (2) Yield/Rate Int. Earn. Cash $ 126,531 $ 4,633 3.66 % $ 111,790 $ 4,890 4.37 % Securities Taxable (1) 176,647 8,608 4.87 % 128,140 6,206 4.84 % Tax-Exempt 43,468 1,768 4.07 % 43,134 1,839 4.26 % Total Securities 220,115 10,376 4.71 % 171,274 8,045 4.70 % Total Cash Equiv. and Investments 346,646 15,009 4.33 % 283,064 12,935 4.57 % Total Loans (3) 2,392,590 149,951 6.27 % 2,290,618 146,175 6.38 % Total Earning Assets 2,739,236 164,960 6.02 % 2,573,682 159,110 6.18 % Other Assets 192,063 205,568 Total Assets $ 2,931,299 $ 2,779,250 Interest bearing demand $ 582,618 $ 13,396 2.30 % $ 476,686 $ 10,344 2.17 % Money market demand 595,229 13,619 2.29 % 579,232 12,981 2.24 % Time deposits 596,161 25,100 4.21 % 617,894 27,708 4.48 % Total Borrowings 187,859 8,184 4.36 % 149,572 7,797 5.21 % Total Interest-Bearing Liabilities 1,961,867 60,299 3.07 % 1,823,384 58,830 3.23 % Non Interest-Bearing Deposits 640,536 653,966 Total Cost of Funds $ 2,602,403 $ 60,299 2.32 % $ 2,477,350 $ 58,830 2.37 % Other Liabilities 31,938 29,515 Total Liabilities $ 2,634,341 $ 2,506,865 Shareholders' Equity $ 296,958 $ 272,385 Total Liabilities & Shareholders' Equity $ 2,931,299 $ 2,779,250 Net Interest Income/Spread (FTE) 104,661 2.95 % 100,280 2.95 % Tax-Equivalent Basis Adjustment (371) (386) Net Interest Income $ 104,290 $ 99,894 Net Interest Margin 3.81 % 3.88 % (1) Taxable income on securities includes income from available for sale securities and income from certificates of deposits with other banks. (2) Income stated on a tax equivalent basis which is a non-GAAP measure and reconciled to GAAP at the bottom of the table (3) Includes the balances of nonaccrual loans LINKBANCORP, Inc. and Subsidiaries Loans Receivable Detail (Unaudited) (In Thousands) December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Agriculture and farmland loans $ 61,611 $ 62,098 $ 61,996 $ 66,684 $ 67,741 Construction loans 172,917 155,542 140,976 136,421 158,296 Commercial & industrial loans 275,824 266,765 259,877 257,302 252,163 Commercial real estate loans Multifamily 244,554 236,534 231,469 215,916 217,331 Owner occupied 545,837 522,674 502,515 472,895 493,906 Non-owner occupied 771,537 730,740 681,521 645,793 658,615 Residential real estate loans First liens 377,108 377,226 375,879 378,420 399,476 Second liens and lines of credit 87,051 84,395 81,194 79,905 78,410 Consumer and other loans 17,062 17,645 17,525 17,097 17,087 Municipal loans 2,767 2,816 2,917 3,012 3,886 2,556,268 2,456,435 2,355,869 2,273,445 2,346,911 Deferred costs 461 542 740 496 645 Total loans receivable 2,556,729 2,456,977 2,356,609 2,273,941 2,347,556 Less: Loans held for sale — — — — 91,807 Loans Held for Investment $ 2,556,729 $ 2,456,977 $ 2,356,609 $ 2,273,941 $ 2,255,749 LINKBANCORP, Inc. and Subsidiaries Loan Growth Calculation Excluding Branch Sale (Unaudited) (In Thousands) December 31, 2025 Total Loans at December 31, 2025 $ 2,556,729 Total Loans at December 31, 2024 2,347,556 Year-to-date Change 209,173 Net Book Value of Loans Sold 97,952 Loan Growth Excluding Branch Sale 307,125 Annualized Growth Rate 13.08 % LINKBANCORP, Inc. and Subsidiaries Investments in Securities Detail (Unaudited) December 31, 2025 (In Thousands) AmortizedCost NetUnrealized Gains(Losses) FairValue Available for Sale: US Government Agency securities $ 11,337 $ 292 $ 11,629 Obligations of state and political subdivisions 49,892 (2,378) 47,514 Mortgage-backed securities in government-sponsored entities 203,984 (935) 203,049 Other securities 434 (6) 428 $ 265,647 $ (3,027) $ 262,620 AmortizedCost Net Unrealized Losses Fair Value Allowance for Credit Losses Held to Maturity: Corporate debentures $ 12,250 $ (367) $ 11,883 $ (391) Structured mortgage-backed securities 13,626 (298) 13,328 — $ 25,876 $ (665) $ 25,211 $ (391) December 31, 2024 (In Thousands) AmortizedCost NetUnrealized Gains (Losses) FairValue Available for Sale: US Government Agency securities $ 13,017 $ 56 $ 13,073 Obligations of state and political subdivisions 51,254 (4,053) 47,201 Mortgage-backed securities in government-sponsored entities 88,289 (3,506) 84,783 Other securities 542 (9) 533 $ 153,102 $ (7,512) $ 145,590 AmortizedCost Net Unrealized Losses Fair Value Allowance for Credit Losses Held to Maturity: Corporate debentures $ 15,250 $ (984) $ 14,266 $ (459) Structured mortgage-backed securities 16,717 (699) 16,018 — $ 31,967 $ (1,683) $ 30,284 $ (459) LINKBANCORP, Inc. and Subsidiaries Deposits Detail (Unaudited) (In Thousands) December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Demand, noninterest-bearing $ 603,728 $ 640,100 $ 646,654 $ 646,002 $ 686,510 Demand, interest-bearing 658,523 677,496 576,050 577,170 537,546 Money market and savings 617,534 656,727 580,143 553,240 553,807 Time deposits, $250 and over 210,105 201,648 177,897 166,441 167,165 Time deposits, other 429,862 417,128 400,665 387,226 405,493 Brokered deposits 35,000 75,000 75,000 103,615 103,615 2,554,752 2,668,099 2,456,409 2,433,694 2,454,136 Less: Deposits held for sale — — — — 93,554 Total deposits $ 2,554,752 $ 2,668,099 $ 2,456,409 $ 2,433,694 $ 2,360,582 Average Deposits Detail, for the Three Months Ended (Unaudited) (In Thousands) December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Demand, noninterest-bearing $ 635,055 $ 646,608 $ 628,962 $ 649,440 $ 665,276 Demand, interest-bearing 644,650 592,572 547,177 545,475 537,856 Money market and savings 633,856 635,450 553,294 555,663 567,593 Time deposits 630,472 599,048 575,205 576,366 568,615 Brokered deposits 11,467 24,457 34,117 56,283 38,616 Total deposits $ 2,555,500 $ 2,498,135 $ 2,338,755 $ 2,383,227 $ 2,377,956 Balances in table above include deposits held for sale for the three months ended December 31, 2024. LINKBANCORP, Inc. and Subsidiaries Core Deposit Growth Calculation Excluding Branch Sale (Unaudited) (In Thousands) December 31, 2025 Total Deposits at December 31, 2025 $ 2,554,752 Less: Brokered Deposits at December 31, 2025 (35,000) Total Core Deposits at December 31, 2025 $ 2,519,752 Total Deposits at December 31, 2024 $ 2,454,136 Less: Brokered Deposits at December 31, 2024 (103,615) Total Core Deposits at December 31, 2024 $ 2,350,521 Year-to-date Change in Core Deposits 169,231 Net Book Value of Deposits Sold 87,086 Deposit Growth Excluding Branch Sale 256,317 Annualized Growth Rate 10.90 % Appendix A – Reconciliation to Non-GAAP Financial MeasuresThis document contains supplemental financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Management uses these non-GAAP measures in its analysis of the Company's performance. These measures should not be considered a substitute for GAAP basis measures nor should they be viewed as a substitute for operating results determined in accordance with GAAP. Management believes the presentation of non-GAAP financial measures that exclude the impact of specified items provide useful supplemental information that is essential to a proper understanding of the Company's financial condition and results. Non-GAAP measures are not formally defined under GAAP, and other entities may use calculation methods that differ from those used by us. As a complement to GAAP financial measures, our management believes these non-GAAP financial measures assist investors in comparing the financial condition and results of operations of financial institutions due to the industry prevalence of such non-GAAP measures. See the tables below for a reconciliation of these non-GAAP measures to the most directly comparable GAAP financial measures. Adjusted Return on Average Assets For the Three Months Ended For the Twelve Months Ended (Dollars in thousands) 12/31/2025 9/30/2025 12/31/2024 12/31/2025 12/31/2024 Net income $ 2,942 $ 7,839 $ 7,584 $ 33,511 $ 26,209 Average assets 3,071,482 2,983,773 2,842,450 2,931,299 2,779,250 Return on average assets (annualized) 0.38 % 1.04 % 1.06 % 1.14 % 0.94 % Net income $ 2,942 $ 7,839 $ 7,584 33,511 26,209 Gain on sale of branches — — — (11,093) — Tax effect(1) — — — 2,440 — Transaction bonus accrual — — — 490 — Tax effect(1) — — — (108) — Board restructuring accrual — — — 381 — Tax effect(1) — — — (84) — Net (gains) losses on sale or impairment of assets 500 — — 500 (4) Tax effect(1) (110) — — (110) 1 Merger & restructuring expenses 650 — 56 707 914 Tax effect(1) (143) — (12) (156) (192) Adjusted Net Income (Non-GAAP) $ 3,839 $ 7,839 $ 7,628 $ 26,478 26,928 Average assets $ 3,071,482 $ 2,983,773 $ 2,842,450 $ 2,931,299 2,779,250 Adjusted return on average assets (annualized) (Non-GAAP) 0.50 % 1.04 % 1.07 % 0.90 % 0.97 % (1) Tax effect was 22% for the three months ended December 31, 2025 and September 30, 2025, and twelve months ended December 31, 2025, and 21% for all other periods Adjusted Return on Average Shareholders' Equity For the Three Months Ended For the Twelve Months Ended (Dollars in thousands) 12/31/2025 9/30/2025 12/31/2024 12/31/2025 12/31/2024 Net income $ 2,942 $ 7,839 $ 7,584 $ 33,511 $ 26,209 Average shareholders' equity 308,665 301,101 278,884 296,958 272,385 Return on average shareholders' equity (annualized) 3.78 % 10.33 % 10.82 % 11.28 % 9.62 % Net income $ 2,942 $ 7,839 $ 7,584 $ 33,511 $ 26,209 Gain on sale of branches — — — (11,093) — Tax effect(1) — — — 2,440 — Transaction bonus accrual — — — 490 — Tax effect(1) — — — (108) — Board restructuring accrual — — — 381 — Tax effect(1) — — — (84) — Merger & restructuring expenses 650 — 56 707 914 Tax effect(1) (143) — (12) (156) (192) Net (gains) losses on sale or impairment of assets 500 — — 500 (4) Tax effect(1) (110) — — (110) 1 Adjusted Net Income (Non-GAAP) $ 3,839 $ 7,839 $ 7,628 $ 26,478 $ 26,928 Average shareholders' equity $ 308,665 $ 301,101 $ 278,884 $ 296,958 $ 272,385 Adjusted return on average shareholders' equity (annualized) (Non-GAAP) 4.93 % 10.33 % 10.88 % 8.92 % 9.89 % (1) Tax effect was 22% for the three months ended December 31, 2025 and September 30, 2025, and twelve months ended December 31, 2025, and 21% for all other periods Adjusted Earnings Per Share For the Three Months Ended For the Twelve Months Ended (Dollars in thousands, except per share data) 12/31/2025 9/30/2025 12/31/2024 12/31/2025 12/31/2024 GAAP-Based Earnings Per Share, Basic $ 0.08 $ 0.21 $ 0.20 $ 0.90 $ 0.71 GAAP-Based Earnings Per Share, Diluted $ 0.08 $ 0.21 $ 0.20 $ 0.90 $ 0.71 Net Income $ 2,942 $ 7,839 $ 7,584 $ 33,511 $ 26,209 Gain on sale of branches — — — (11,093) — Tax effect(1) — — — 2,440 — Transaction bonus accrual — — — 490 — Tax effect(1) — — — (108) — Board restructuring accrual — — — 381 — Tax effect(1) — — — (84) — Merger & restructuring expenses 650 — 56 707 914 Tax effect(1) (143) — (12) (156) (192) Net (gains) losses on sale or impairment of assets 500 — — 500 (4) Tax effect(1) (110) — — (110) 1 Adjusted Net Income (Non-GAAP) $ 3,839 $ 7,839 $ 7,628 $ 26,478 $ 26,928 Adjusted Earnings per Share, Basic (Non-GAAP) $ 0.10 $ 0.21 $ 0.21 $ 0.71 $ 0.73 Adjusted Earnings per Share, Diluted (Non-GAAP) $ 0.10 $ 0.21 $ 0.21 $ 0.71 $ 0.73 (1) Tax effect was 22% for the three months ended December 31, 2025 and September 30, 2025, and twelve months ended December 31, 2025, and 21% for all other periods Adjusted Pre-tax, Pre-provision Net Income (Non-GAAP) For the Three Months Ended For the Twelve Months Ended (Dollars in thousands, except per share data) 12/31/2025 9/30/2025 12/31/2024 12/31/2025 12/31/2024 Net Income (GAAP) $ 2,942 $ 7,839 $ 7,584 $ 33,511 $ 26,209 Gain on sale of branches — — — (11,093) — Tax effect(1) — — — 2,440 — Transaction bonus accrual — — — 490 — Tax effect(1) — — — (108) — Board restructuring accrual — — — 381 — Tax effect(1) — — — (84) — Net (gains) losses on sale or impairment of assets 500 — — 500 (4) Tax effect(1) (110) — — (110) 1 Merger & restructuring expenses 650 — 56 707 914 Tax effect(1) (143) — (12) (156) (192) Adjusted Net Income (Non-GAAP) 3,839 7,839 7,628 26,478 26,928 Income tax expense 969 2,178 2,121 9,092 7,386 Provision for credit losses 6,594 1,003 132 8,169 257 Tax effect included in Adjusted Net Income 253 — 12 (1,982) 191 Adjusted Pre-tax, Pre-provision Net Income (Non-GAAP) $ 11,655 $ 11,020 $ 9,893 $ 41,757 $ 34,762 (1) Tax effect was 22% for the three months ended December 31, 2025 and September 30, 2025, and twelve months ended December 31, 2025, and 21% for all other periods Tangible Common Equity and Tangible Book Value (Dollars in thousands, except per share data) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 Tangible Common Equity Total shareholders' equity $ 306,432 $ 305,457 $ 297,998 $ 294,066 $ 280,221 Adjustments: Goodwill (58,806) (58,806) (58,806) (58,806) (58,806) Other intangible assets (15,366) (16,407) (17,490) (18,573) (20,955) Tangible common equity (Non-GAAP) $ 232,260 $ 230,244 $ 221,702 $ 216,687 $ 200,460 Common shares outstanding 37,457,914 37,447,026 37,441,879 37,377,342 37,370,917 Book value per common share $ 8.18 $ 8.16 $ 7.96 $ 7.87 $ 7.50 Tangible book value per common share (Non-GAAP) $ 6.20 $ 6.15 $ 5.92 $ 5.80 $ 5.36 Tangible Assets Total assets $ 3,069,992 $ 3,122,371 $ 2,886,554 $ 2,861,489 $ 2,878,778 Adjustments: Goodwill (58,806) (58,806) (58,806) (58,806) (58,806) Other intangible assets (15,366) (16,407) (17,490) (18,573) (20,955) Tangible assets (Non-GAAP) $ 2,995,820 $ 3,047,158 $ 2,810,258 $ 2,784,110 $ 2,799,017 Tangible common equity to tangible assets (Non-GAAP) 7.75 % 7.56 % 7.89 % 7.78 % 7.16 % Return on Tangible Common Equity For the Three Months Ended For the Twelve Months Ended (Dollars in thousands) 12/31/2025 12/31/2025 Net income $ 2,942 $ 33,511 Average shareholders' equity 308,665 296,958 Adjustments: Goodwill (58,806) (58,806) Other intangible assets (16,020) (15,366) Average tangible common equity (Non-GAAP) $ 233,839 $ 222,786 Return on tangible common equity (annualized) (Non-GAAP) 4.99 % 15.04 % Adjusted Efficiency Ratio For the Three Months Ended For the Twelve Months Ended (Dollars in thousands) 12/31/2025 9/30/2025 12/31/2024 12/31/2025 12/31/2024 GAAP-based efficiency ratio 65.03 % 62.25 % 65.04 % 59.77 % 68.87 % Net interest income $ 27,124 $ 26,386 $ 25,545 $ 104,290 $ 99,894 Noninterest income 2,920 2,805 2,594 21,915 8,862 Less: Gain on sale of branches — — — (11,093) — Less: net gains (losses) on sale of securities — — — — (4) Adjusted revenue (Non-GAAP) 30,044 29,191 28,139 115,112 108,752 Total noninterest expense 19,539 18,171 18,302 75,433 74,904 Less: Merger & restructuring expenses 650 — 56 707 914 Less: Transaction bonus accrual — — — 490 — Less: Board restructuring accrual — — — 381 — Less: Impairment of assets 500 — — 500 — Adjusted non-interest expense $ 18,389 $ 18,171 $ 18,246 $ 73,355 $ 73,990 Efficiency ratio, as adjusted (Non-GAAP) 61.21 % 62.25 % 64.84 % 63.72 % 68.04 % Adjusted noninterest expense (Non-GAAP) For the Three Months Ended (Dollars in thousands, except per share data) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 Noninterest expense - GAAP $ 19,539 $ 18,171 $ 18,065 $ 19,658 $ 18,302 Merger & restructuring expenses 650 — 16 41 56 Transaction bonus accrual — — — 490 — Board restructuring accrual — — — 381 — Impairment of assets 500 — — — — Adjusted noninterest expense (Non-GAAP) $ 18,389 $ 18,171 $ 18,049 $ 18,746 $ 18,246 Contact:Nick WestDirector, Corporate Development717.678.7935[email protected] SOURCE LINKBANCORP, Inc.