Earnings release
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1 See Appendix A — Reconciliation to Non-GAAP Financial Measures for the computation of this non-GAAP measure. Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Nick West Director, Corporate Development 717.678.7935 IR@LINKBANCORP.COM LINKBANCORP, Inc. Announces Strong Third Quarter 2025 Earnings and Declares Dividend October 27, 2025 – HARRISBURG, PA – LINKBANCORP, Inc. (NASDAQ: LNKB) (the “Company”), the parent company of LINKBANK (the “Bank”), reported net income of $7.8 million, or $0.21 per diluted share, for the quarter ended September 30, 2025, compared to net income of $7.4 million, or $0.20 per diluted share, for the quarter ended June 30, 2025. 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 December 15, 2025 to shareholders of record on November 28, 2025.
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Page 2 of 21 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 Branch Sale Reconciliation Third Quarter 2025 Highlights • Strong Core Earnings Growth Trend Continues. Net income grew in the third quarter of 2025 to $7.8 million, compared to $7.4 million for the second quarter of 2025 and $7.1 million for the third quarter of 2024. Adjusted pre-tax pre-provision net income was $11.0 million1 for the third quarter of 2025, compared to $9.8 million1 for the second quarter of 2025 and $9.4 million1 for the third quarter of 2024, resulting in a linked quarterly increase of $1.2 million or 12.07%. Annualized return on average assets was 1.04% for the third quarter of 2025, compared to 1.05% for the second quarter of 2025 and 1.00% for the third quarter of 2024. • 16.92% Year over Year Increase in Tangible Book Value. Book value per share increased to $8.16 at September 30, 2025 compared to $7.96 at June 30, 2025. Tangible book value per share increased to $6.151 at September 30, 2025 compared to $5.921 at June 30, 2025 and $5.261 at September 30, 2024 • Total Deposits Increase 8.62% from Prior Quarter End. Total deposits at September 30, 2025 were $2.67 billion compared to $2.46 billion at June 30, 2025 and $2.45 billion at December 31, 2024, representing a quarterly increase of $211.7 million or 34.19% annualized and a year-to-date increase of $329.7 million2 or 18.75% annualized, adjusting for the impact of the sale of banking operations and branches in New Jersey, including related loans and deposits (the "Branch Sale") and change in brokered deposits.
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Page 3 of 21 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 Branch Sale Reconciliation • Quality Commercial Loan Growth. Total loans at September 30, 2025 were $2.46 billion, compared to $2.36 billion at June 30, 2025 and $2.35 billion at December 31, 2024, representing a quarterly increase of $100.4 million or 16.90% annualized and a year-to-date increase of $207.4 million2 or 11.81% annualized excluding the impact of the Branch Sale. • Disciplined Expense Management. Noninterest expense for the third quarter of 2025 was $18.2 million with an efficiency ratio of 62.25%, compared to $18.1 million of noninterest expense with an efficiency ratio of 64.79% for the second quarter of 2025, and $18.5 million of noninterest expense with an efficiency ratio of 66.71% in the third quarter of 2024. “We are pleased to announce another strong quarter of record core earnings accompanied by robust growth in core deposits and quality loans that position us well for a strong finish to 2025 and increasing momentum into the new year,” said Andrew Samuel, Chief Executive Officer of LINKBANCORP. “Each of our markets are contributing to these results and we are proud of the exceptional performance of our teams as they navigate through the current environment.” Income Statement Net interest income before the provision for credit losses for the third quarter of 2025 was $26.4 million compared to $24.9 million in the second quarter of 2025 and $25.0 million for the third quarter of 2024. Net interest margin was 3.75% for the third quarter of 2025 compared to 3.80% for the second quarter of 2025, and 3.82% for the third quarter of 2024. Net interest margin was impacted by the strong growth in core deposits and timing on loan fundings, resulting in higher average cash of $190.6 million for the quarter ending September 30, 2025 compared to $114.3 million for the quarter ending June 30, 2025. The spread on interest rates was stable quarter over quarter as the average loan yield increased from 6.22% for the second quarter of 2025 to 6.26% for the third quarter of 2025, while the cost of funds increased from 2.31% for the second quarter of 2025 to 2.34% for the third quarter of 2025. Interest income from purchase accounting accretion during the third quarter of 2025 was approximately $71 thousand more than that recognized in the second quarter of 2025 and $636 thousand less than the third quarter of 2024.
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Page 4 of 21 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 Branch Sale Reconciliation Noninterest income decreased slightly quarter-over-quarter to $2.8 million for the third quarter of 2025 compared to $2.9 million for the second quarter of 2025. Year-over-year, noninterest income increased $125 thousand from $2.7 million for the third quarter of 2024. Noninterest expense for the third quarter of 2025 was $18.2 million compared to $18.1 million for the second quarter of 2025 and $18.5 million for the third quarter of 2024. Noninterest expense increased slightly from the prior quarter primarily due to an increase in employee health insurance costs. Income tax expense was $2.2 million for the third quarter of 2025, reflecting an effective tax rate of 21.7% compared to $2.1 million for the second quarter of 2025, reflecting an effective tax rate of 22.0% and $2.0 million for the third quarter of 2024, reflecting an effective tax rate of 22.2%. Balance Sheet Total assets were $3.12 billion at September 30, 2025 compared to $2.89 billion at June 30, 2025 and $2.88 billion at December 31, 2024. Deposits and net loans as of September 30, 2025 totaled $2.67 billion and $2.43 billion, respectively, compared to deposits and net loans of $2.46 billion and $2.33 billion, respectively at June 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 September 30, 2025 were $2.46 billion, compared to $2.36 billion at June 30, 2025, representing an increase of $100.4 million, with the majority of the growth in commercial loans. Year-to-date, total loans have increased $207.4 million2 from December 31, 2024, excluding the impact of the Branch Sale, or 11.81% annualized. Total commercial loan commitments originated in the third quarter of 2025 were $235.9 million with funded balances of $177.4 million. The average commercial loan commitment originated during the third quarter of 2025 totaled approximately $1.2 million with an average outstanding funded balance of $924 thousand. Total deposits at September 30, 2025 were $2.67 billion compared to $2.46 billion at June 30, 2025, representing an increase of $211.7 million or 34.19% annualized. This robust growth reflected a continued focus on core deposit generation, particularly from commercial relationships, and included strong inflows into interest checking accounts from professional services clients and money market accounts from commercial clients. Year-to-date, total deposits
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Page 5 of 21 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 Branch Sale Reconciliation have increased $329.7 million2 from December 31, 2024, or 18.75%, adjusting for the impact of the Branch Sale and change in brokered deposits. Noninterest bearing deposits totaled $640.1 million at September 30, 2025, slightly down from $646.7 million at June 30, 2025. Brokered deposits remained flat at $75.0 million at each quarter end. Average deposits increased $159.4 million from $2.34 billion for the three months ended June 30, 2025 to $2.50 billion for the three months ended September 30, 2025. The Company continues to maintain strong on-balance sheet liquidity, as cash and cash equivalents were $194.2 million at September 30, 2025 compared to $155.1 million at June 30, 2025 and $166.1 million at December 31, 2024. As a result of the Company’s strong core deposit growth, excess cash was redeployed into purchases of available for sale securities with balances of $267.9 million at September 30, 2025 compared to $169.6 million at June 30, 2025. Shareholders’ equity increased to $305.5 million at September 30, 2025 from $298.0 million at June 30, 2025 primarily as a result of a $5.1 million increase in retained earnings. Book value per share increased to $8.16 at September 30, 2025 compared to $7.96 at June 30, 2025. Tangible book value per share increased to $6.151 at September 30, 2025 compared to $5.921 at June 30, 2025 and $5.261at September 30, 2024, representing 16.92% growth year over year. Asset Quality The Company recorded a $1.0 million provision for credit losses during the third quarter of 2025, after recording a $344 thousand provision for credit losses in the second quarter of 2025. The increase in provision was primarily related to commercial loan growth during the third quarter of 2025. Delinquencies improved over the prior quarter, as loans 30-89 days past due at September 30, 2025 were $4.73 million, representing 0.19% of total loans compared to $14.5 million or 0.62% of total loans at June 30, 2025 and $2.9 million or 0.13% of total loans at December 31, 2024. As of September 30, 2025, the Company’s non- performing assets increased slightly to $24.6 million, representing 0.79% of total assets, compared to $21.9 million, representing 0.76% of total assets at June 30, 2025. The increase in non-performing assets was primarily related to one commercial loan secured by a perfected first lien on real estate that is properly margined.
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Page 6 of 21 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 Branch Sale Reconciliation The allowance for credit losses for loans was $25.3 million, or 1.03% of total loans held for investment at September 30, 2025, compared to $24.7 million, or 1.05% of total loans held for investment at June 30, 2025. The ratio of the allowance for credit losses for loans to nonperforming assets was 102.90% at September 30, 2025, compared to 112.68% at June 30, 2025. The Company recorded $300 thousand in net charge-offs during the third quarter of 2025 compared to $40 thousand for the second quarter of 2025. The charge-off was due to one loan which previously had a specific allocated reserve. Capital The Bank’s regulatory capital ratios were well in excess of regulatory minimums to be considered “well capitalized” as of September 30, 2025. The Bank’s Total Capital Ratio and Tier 1 Capital Ratio were 12.31% and 11.39% respectively, at September 30, 2025, compared to 12.43% and 11.51%, respectively, at June 30, 2025 and 11.44% and 10.62%, respectively, at September 30, 2024. The Company’s ratio of Tangible Common Equity to Tangible Assets was 7.55%1 at September 30, 2025 compared to 7.89%1 at June 30, 2025 and 7.02%1 at September 30, 2024.
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Page 7 of 21 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 Branch Sale Reconciliation 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 Statements This 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. 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.
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Page 8 of 21 LINKBANCORP, Inc. and Subsidiaries Consolidated Balance Sheet (Unaudited) September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 (In Thousands, except share and per share data) ASSETS Noninterest-bearing cash equivalents $ 15,321 $ 15,319 $ 14,830 $ 13,834 $ 15,295 Interest-bearing deposits with other institutions 178,832 139,764 205,352 152,266 175,937 Cash and cash equivalents 194,153 155,083 220,182 166,100 191,232 Securities available for sale, at fair value 267,930 169,569 159,183 145,590 149,315 Securities held to maturity, net of allowance for credit losses 26,595 26,809 27,662 31,508 34,155 Loans receivable, gross 2,456,977 2,356,609 2,273,941 2,255,74 9 2,215,868 Allowance for credit losses - loans (25,342) (24,651) (26,619) (26,435) (26,542) Loans receivable, net 2,431,635 2,331,958 2,247,322 2,229,31 4 2,189,326 Investments in restricted bank stock 4,791 4,821 4,780 5,209 4,904 Premises and equipment, net 15,822 15,861 17,920 18,029 17,623 Right-of-Use Asset – premises 15,632 15,410 14,537 14,913 14,150 Bank-owned life insurance 53,263 52,943 52,507 52,079 51,646 Goodwill and other intangible assets 75,213 76,296 77,379 79,761 80,924 Deferred tax asset 15,925 16,474 16,729 18,866 21,662 Assets held for sale — — — 94,146 104,660 Accrued interest receivable and other assets 22,334 21,330 23,288 23,263 20,344 TOTAL ASSETS $3,123,293 $ 2,886,554 $ 2,861,489 $ 2,878,77 8 $ 2,879,941 LIABILITIES Deposits: Demand, noninterest bearing $ 640,100 $ 646,654 $ 646,002 $ 658,646 $ 658,473 Interest bearing 2,027,999 1,809,755 1,787,692 1,701,93 6 1,714,179 Total deposits 2,668,099 2,456,409 2,433,694 2,360,58 2 2,372,652 Long-term borrowings 40,000 40,000 40,000 40,000 40,000 Short-term borrowings — — — 10,000 — Note payable — — 559 565 572 Subordinated debt 62,255 62,279 62,129 61,984 61,843 Lease liabilities 15,965 15,740 15,284 15,666 14,911 Liabilities held for sale — — — 93,777 94,228 Accrued interest payable and other liabilities 31,517 14,128 15,757 15,983 18,382 TOTAL LIABILITIES 2,817,836 2,588,556 2,567,423 2,598,55 7 2,602,588 SHAREHOLDERS’ EQUITY Preferred stock — — — — — Common stock 370 370 370 370 370 Surplus 265,637 265,293 264,871 264,449 264,059 Retained earnings 42,157 37,107 32,507 19,947 15,147 Accumulated other comprehensive loss (2,707) (4,772) (3,682) (4,545) (2,223) TOTAL SHAREHOLDERS' EQUITY 305,457 297,998 294,066 280,221 277,353 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $3,123,293 $ 2,886,554 $ 2,861,489 $ 2,878,77 8 $ 2,879,941 Common shares outstanding 37,447,02 6 37,441,879 37,377,342 37,370,9 17 37,361,560
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Page 9 of 21 LINKBANCORP, Inc. and Subsidiaries Consolidated Statements of Operations (Unaudited) Three Months Ended Nine Months Ended 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024 (In Thousands, except share and per share data) INTEREST AND DIVIDEND INCOME Loans receivable, including fees $ 37,755 $ 36,032 $ 36,856 $ 110,828 $ 109,093 Other 4,269 3,294 3,338 10,664 9,325 Total interest and dividend income 42,024 39,326 40,194 121,492 118,418 INTEREST EXPENSE Deposits 13,677 12,467 13,292 38,501 38,210 Other Borrowings 950 931 949 2,867 2,967 Subordinated Debt 1,011 979 972 2,958 2,892 Total interest expense 15,638 14,377 15,213 44,326 44,069 NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES 26,386 24,949 24,981 77,166 74,349 Provision for credit losses 1,003 344 84 1,575 125 NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 25,383 24,605 24,897 75,591 74,224 NONINTEREST INCOME Service charges on deposit accounts 1,120 1,056 1,052 3,237 2,697 Bank-owned life insurance 463 436 430 1,327 1,199 Net realized gains (losses) on the sale of debt securities — — — — 4 Gain on sale of loans 156 128 138 361 200 Gain on sale of branches — — — 11,093 — Other 1,066 1,313 1,060 2,977 2,167 Total noninterest income 2,805 2,933 2,680 18,995 6,267 NONINTEREST EXPENSE Salaries and employee benefits 10,513 10,252 9,855 31,921 30,914 Occupancy 1,356 1,308 1,440 4,128 4,577 Equipment and data processing 2,063 2,052 1,640 6,158 5,290 Professional fees 593 728 763 1,808 2,299 FDIC insurance and supervisory fees 439 537 812 1,575 1,709 Intangible amortization 1,083 1,083 1,205 3,250 3,615 Merger & restructuring expenses — 16 171 57 858 Advertising 128 176 163 448 505 Other 1,996 1,913 2,403 6,549 6,834 Total noninterest expense 18,171 18,065 18,452 55,894 56,601 Income before income tax expense 10,017 9,473 9,125 38,692 23,890 Income tax expense 2,178 2,086 2,030 8,123 5,265 NET INCOME $ 7,839 $ 7,387 $ 7,095 $ 30,569 $ 18,625 EARNINGS PER SHARE, BASIC $ 0.21 $ 0.20 $ 0.19 $ 0.82 $ 0.50 EARNINGS PER SHARE, DILUTED $ 0.21 $ 0.20 $ 0.19 $ 0.82 $ 0.50 WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING, BASIC 37,192,3 13 37,136,85 1 36,983,63 7 37,146,28 0 36,972,12 7 DILUTED 37,335,6 46 37,244,00 8 37,090,11 1 37,257,83 1 37,061,51 2
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Page 10 of 21 LINKBANCORP, Inc. and Subsidiaries Financial Highlights (Unaudited) For the Three Months Ended For the Nine Months Ended (Dollars In Thousands, except per share data) 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024 Operating Highlights Net Income $ 7,839 $ 7,387 $ 7,095 $ 30,569 $ 18,625 Net Interest Income 26,386 24,949 24,981 77,166 74,349 Provision for Credit Losses 1,003 344 84 1,575 125 Non-Interest Income 2,805 2,933 2,680 18,995 6,267 Non-Interest Expense 18,171 18,065 18,452 55,894 56,601 Earnings per Share, Basic 0.21 0.20 0.19 0.82 0.50 Adjusted Earnings per Share, Basic 0.21 0.20 0.20 0.61 0.52 Earnings per Share, Diluted 0.21 0.20 0.19 0.82 0.50 Adjusted Earnings per Share, Diluted 0.21 0.20 0.19 0.61 0.52 Selected Operating Ratios Net Interest Margin 3.75% 3.80% 3.82% 3.82% 3.89% Annualized Return on Assets ("ROA") 1.04% 1.05% 1.00% 1.41% 0.90% Adjusted ROA 1.04% 1.05% 1.02% 1.05% 0.93% Annualized Return on Equity ("ROE") 10.33% 10.04% 10.30% 13.93% 9.20% Adjusted ROE 10.33% 10.06% 10.50% 10.32% 9.53% Efficiency Ratio 62.25% 64.79% 66.71% 58.13% 70.21% Adjusted Efficiency Ratio 62.25% 64.73% 66.09% 64.61% 69.15% Noninterest Income to Avg. Assets 0.37% 0.42% 0.38% 0.88% 0.30% Noninterest Expense to Avg. Assets 2.42% 2.57% 2.61% 2.59% 2.73% 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024 Financial Condition Data Total Assets $ 3,123,293 $ 2,886,554 $ 2,861,489 $ 2,878,778 $ 2,879,941 Loans Receivable, Net 2,431,635 2,331,958 2,247,322 2,229,314 2,189,326 Noninterest-bearing Deposits 640,100 646,654 646,002 658,646 658,473 Interest-bearing Deposits 2,027,999 1,809,755 1,787,692 1,701,936 1,714,179 Total Deposits $ 2,668,099 $ 2,456,409 $ 2,433,694 $ 2,360,582 $ 2,372,652 Selected Balance Sheet Ratios Total Capital Ratio 12.31% 12.43% 12.61% 11.55% 11.44% Tier 1 Capital Ratio 11.39% 11.51% 11.71% 10.74% 10.62% Common Equity Tier 1 Capital Ratio 11.39% 11.51% 11.71% 10.74% 10.62% Leverage Ratio 9.95% 10.34% 10.02% 9.49% 9.41% Tangible Common Equity to Tangible Assets 7.55% 7.89% 7.78% 7.16% 7.02% Tangible Book Value per Share $ 6.15 $ 5.92 $ 5.80 $ 5.36 $ 5.26 Asset Quality Data Non-performing Assets $ 24,627 $ 21,877 $ 26,041 $ 17,173 $ 17,378 Non-performing Assets to Total Assets 0.79% 0.76% 0.91% 0.60% 0.60% Non-performing Loans to Total Loans 1.00% 0.93% 1.15% 0.76% 0.78% Allowance for Credit Losses - Loans ("ACLL")$ 25,342 $ 24,651 $ 26,619 $ 26,435 $ 26,542 ACLL to Total Loans 1.03% 1.05% 1.17% 1.17% 1.20% ACLL to Nonperforming Assets 102.90% 112.68% 102.22% 153.93% 152.73% Net chargeoffs (recoveries) $ 300 $ 40 $ 81 $ 252 $ (28) (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. (2) (2) 2 2 3 1 1 1 1 4 5 (6)
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Page 11 of 21 (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 three months ended June 30, 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.
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Page 12 of 21 LINKBANCORP, Inc. and Subsidiaries Net Interest Margin - Quarter-To-Date (Unaudited) For the Three Months Ended September 30, 2025 2024 (Dollars in thousands) Avg Bal Interest Yield/Rate Avg Bal Interest Yield/Rate Int. Earn. Cash $ 190,584 $ 1,893 3.94% $ 114,383 $ 1,296 4.51% Securities Taxable 162,865 2,089 5.09% 133,443 1,683 5.02% Tax-Exempt 42,763 363 3.37% 42,800 453 4.21% Total Securities 205,628 2,452 4.73% 176,243 2,136 4.82% Total Cash Equiv. and Investments 396,212 4,345 4.35% 290,626 3,432 4.70% Total Loans 2,393,119 37,755 6.26% 2,313,228 36,856 6.34% Total Earning Assets 2,789,331 42,100 5.99% 2,603,854 40,288 6.16% Other Assets 194,442 208,407 Total Assets $ 2,983,773 $ 2,812,261 Interest bearing demand $ 592,572 3,498 2.34% $ 497,100 2,902 2.32% Money market demand 635,450 3,985 2.49% 580,766 3,396 2.33% Time deposits 623,505 6,194 3.94% 613,402 6,993 4.54% Total Borrowings 153,493 1,961 5.07% 153,699 1,922 4.97% Total Interest-Bearing Liabilities 2,005,020 15,638 3.09% 1,844,967 15,213 3.28% Non Interest-Bearing Deposits 646,608 659,825 Total Cost of Funds 2,651,628 15,638 2.34% 2,504,792 15,213 2.42% Other Liabilities 31,044 33,534 Total Liabilities 2,682,672 2,538,326 Shareholders' Equity 301,101 273,935 Total Liabilities & Shareholders' Equity $ 2,983,773 $ 2,812,261 Net Interest Income/Spread (FTE) 26,462 2.90% 25,075 2.88% Tax-Equivalent Basis Adjustment (76) (94) Net Interest Income $ 26,386 $ 24,981 Net Interest Margin 3.75% 3.82% Taxable income on securities includes income from available for sale securities and income from certificates of deposits with other banks. Income stated on a tax equivalent basis which is a non-GAAP measure and reconciled to GAAP at the bottom of the table Includes the balances of nonaccrual loans (2) (2) (1) (3) (1) (2) (3)
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Page 13 of 21 LINKBANCORP, Inc. and Subsidiaries Net Interest Margin - Linked Quarter-To-Date (Unaudited) For the Three Months Ended September 30, 2025 June 30, 2025 (Dollars in thousands) Avg Bal Interest Yield/Rate Avg Bal Interest Yield/Rate Int. Earn. Cash $ 190,584 $ 1,893 3.94% $ 114,315 $ 1,097 3.85% Securities Taxable 162,865 2,089 5.09% 152,185 1,819 4.79% Tax-Exempt 42,763 363 3.37% 42,688 478 4.49% Total Securities 205,628 2,452 4.73% 194,873 2,297 4.73% Total Cash Equiv. and Investments 396,212 4,345 4.35% 309,188 3,394 4.40% Total Loans 2,393,119 37,755 6.26% 2,324,89 7 36,032 6.22% Total Earning Assets 2,789,331 42,100 5.99% 2,634,08 5 39,426 6.00% Other Assets 194,442 183,156 Total Assets $ 2,983,773 $ 2,817,24 1 Interest bearing demand $ 592,572 3,498 2.34% $ 547,177 3,207 2.35% Money market demand 635,450 3,985 2.49% 553,294 3,099 2.25% Time deposits 623,505 6,194 3.94% 609,322 6,161 4.06% Total Borrowings 153,493 1,961 5.07% 152,668 1,910 5.02% Total Interest-Bearing Liabilities 2,005,020 15,638 3.09% 1,862,46 1 14,377 3.10% Non Interest-Bearing Deposits 646,608 628,962 Total Cost of Funds 2,651,628 15,638 2.34% 2,491,42 3 14,377 2.31% Other Liabilities 31,044 30,815 Total Liabilities 2,682,672 2,522,23 8 Shareholders' Equity 301,101 295,003 Total Liabilities & Shareholders' Equity $ 2,983,773 $ 2,817,24 1 Net Interest Income/Spread (FTE) 26,462 2.90% 25,049 2.90% Tax-Equivalent Basis Adjustment (76) (100) Net Interest Income $ 26,386 $ 24,949 Net Interest Margin 3.75% 3.80% Taxable income on securities includes income from available for sale securities and income from certificates of deposits with other banks. Income stated on a tax equivalent basis which is a non-GAAP measure and reconciled to GAAP at the bottom of the table Includes the balances of nonaccrual loans (2) (2) (1) (3) (1) (2) (3)
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Page 14 of 21 LINKBANCORP, Inc. and Subsidiaries Net Interest Margin - Year-To-Date (Unaudited) For the Nine Months Ended September 30, 2025 2024 (Dollars in thousands) Avg Bal Interest Yield/Rate Avg Bal Interest Yield/Rate Int. Earn. Cash $ 138,531 $ 3,962 3.82% $ 106,334 $ 3,590 4.51% Securities Taxable 155,818 5,657 4.85% 125,264 4,666 4.98% Tax-Exempt 43,142 1,323 4.10% 42,606 1,353 4.24% Total Securities 198,960 6,980 4.69% 167,870 6,019 4.79% Total Cash Equiv. and Investments 337,491 10,942 4.33% 274,204 9,609 4.68% Total Loans 2,360,524 110,828 6.28% 2,279,378 109,093 6.39% Total Earning Assets 2,698,015 121,770 6.03% 2,553,582 118,702 6.21% Other Assets 192,203 210,962 Total Assets $ 2,890,218 $ 2,764,544 Interest bearing demand $ 564,320 $ 9,753 2.31% $ 458,184 $ 7,301 2.13% Money market demand 584,401 10,021 2.29% 582,998 9,841 2.25% Time deposits 623,723 18,727 4.01% 621,881 21,068 4.53% Total Borrowings 151,403 5,825 5.14% 147,557 5,859 5.30% Total Interest-Bearing Liabilities 1,923,847 44,326 3.08% 1,810,620 44,069 3.25% Non Interest-Bearing Deposits 641,967 650,384 Total Cost of Funds $ 2,565,814 $ 44,326 2.31% $ 2,461,004 $ 44,069 2.39% Other Liabilities 31,092 33,086 Total Liabilities $ 2,596,906 $ 2,494,090 Shareholders' Equity $ 293,312 $ 270,454 Total Liabilities & Shareholders' Equity $ 2,890,218 $ 2,764,544 Net Interest Income/Spread (FTE) 77,444 2.95% 74,633 2.96% Tax-Equivalent Basis Adjustment (278) (284) Net Interest Income $ 77,166 $ 74,349 Net Interest Margin 3.82% 3.89% Taxable income on securities includes income from available for sale securities and income from certificates of deposits with other banks. Income stated on a tax equivalent basis which is a non-GAAP measure and reconciled to GAAP at the bottom of the table Includes the balances of nonaccrual loans (2) (2) (1) (3) (1) (2) (3)
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Page 15 of 21 LINKBANCORP, Inc. and Subsidiaries Loans Receivable Detail (Unaudited) (In Thousands) September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 Agriculture and farmland loans $ 62,098 $ 61,996 $ 66,684 $ 67,741 $ 65,166 Construction loans 155,542 140,976 136,421 158,296 175,373 Commercial & industrial loans 266,765 259,877 257,302 252,163 241,597 Commercial real estate loans Multifamily 236,534 231,469 215,916 217,331 212,444 Owner occupied 522,674 502,515 472,895 493,906 500,643 Non-owner occupied 730,740 681,521 645,793 658,615 626,030 Residential real estate loans First liens 377,226 375,879 378,420 399,476 400,869 Second liens and lines of credit 84,395 81,194 79,905 78,410 73,591 Consumer and other loans 17,645 17,525 17,097 17,087 17,498 Municipal loans 2,816 2,917 3,012 3,886 4,296 2,456,435 2,355,869 2,273,445 2,346,911 2,317,507 Deferred costs 542 740 496 645 634 Total loans receivable 2,456,977 2,356,609 2,273,941 2,347,556 2,318,141 Less: Loans held for sale — — — 91,807 102,273 Loans Held for Investment $ 2,456,977 $ 2,356,609 $ 2,273,941 $ 2,255,749 $ 2,215,868 LINKBANCORP, Inc. and Subsidiaries Loan Growth Calculation Excluding Branch Sale (Unaudited) (In Thousands) September 30, 2025 Total Loans at September 30, 2025 $ 2,456,977 Total Loans at December 31, 2024 2,347,556 Year-to-date Change 109,421 Net Book Value of Loans Sold 97,952 Loan Growth Excluding Branch Sale 207,373 Annualized Growth Rate 11.81%
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Page 16 of 21 LINKBANCORP, Inc. and Subsidiaries Investments in Securities Detail (Unaudited) September 30, 2025 (In Thousands) AmortizedCost NetUnrealized Gains(Losses) FairValue Available for Sale: US Government Agency securities $ 11,257 $ 322 $ 11,579 Obligations of state and political subdivisions 50,731 (2,761) 47,970 Mortgage-backed securities in government-sponsored entities 209,168 (1,120) 208,048 Other securities 341 (8) 333 $ 271,497 $ (3,567) $ 267,930 AmortizedCost Net Unrealized Losses Fair Value Allowance for Credit Losses Held to Maturity: Corporate debentures $ 12,250 $ (651) $ 11,599 $ (387) Structured mortgage-backed securities 14,732 (307) 14,425 — $ 26,982 $ (958) $ 26,024 $ (387) 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)
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Page 17 of 21 LINKBANCORP, Inc. and Subsidiaries Deposits Detail (Unaudited) (In Thousands) September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 Demand, noninterest-bearing $ 640,100 $ 646,654 $ 646,002 $ 686,510 $ 687,536 Demand, interest-bearing 677,496 576,050 577,170 537,546 547,099 Money market and savings 656,727 580,143 553,240 553,807 585,395 Time deposits, $250 and over 201,648 177,897 166,441 167,165 169,616 Time deposits, other 417,128 400,665 387,226 405,493 401,976 Brokered deposits 75,000 75,000 103,615 103,615 75,000 2,668,099 2,456,409 2,433,694 2,454,136 2,466,622 Less: Deposits held for sale — — — 93,554 93,970 Total deposits $ 2,668,099 $ 2,456,409 $ 2,433,694 $ 2,360,582 $ 2,372,652 Average Deposits Detail, for the Three Months Ended (Unaudited) (In Thousands) September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 Demand, noninterest-bearing $ 646,608 $ 628,962 $ 649,440 $ 665,276 $ 659,825 Demand, interest-bearing 592,572 547,177 545,475 537,856 497,100 Money market and savings 635,450 553,294 555,663 567,593 580,766 Time deposits 599,048 575,205 576,366 568,615 560,815 Brokered deposits 24,457 34,117 56,283 38,616 52,587 Total deposits $ 2,498,135 $ 2,338,755 $ 2,383,227 $ 2,377,956 $ 2,351,093 Balances in table above include deposits held for sale for the three months ended December 31, 2024 and September 30, 2024. LINKBANCORP, Inc. and Subsidiaries Core Deposit Growth Calculation Excluding Branch Sale (Unaudited) (In Thousands) September 30, 2025 Total Deposits at September 30, 2025 $ 2,668,099 Less: Brokered Deposits at September 30, 2025 (75,000) Total Core Deposits at September 30, 2025 $ 2,593,099 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 242,578 Net Book Value of Deposits Sold 87,086 Quarterly Deposit Growth Excluding Branch Sale 329,664 Annualized Growth Rate 18.75%
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Page 18 of 21 Appendix A – Reconciliation to Non-GAAP Financial Measures This 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.
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Page 19 of 21 Adjusted Return on Average Assets For the Three Months Ended For the Nine Months Ended (Dollars in thousands) 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024 Net income $ 7,839 $ 7,387 $ 7,095 $ 30,569 $ 18,625 Average assets 2,983,773 2,817,241 2,812,261 2,890,218 2,764,544 Return on average assets (annualized) 1.04% 1.05% 1.00% 1.41% 0.90% Net income $ 7,839 $ 7,387 $ 7,095 30,569 18,625 Gain on sale of branches — — — (11,093) — Tax effect — — — 2,440 — Transaction bonus accrual — — — 490 — Tax effect — — — (108) — Board restructuring accrual — — — 381 — Tax effect — — — (84) — Net losses on sale of securities — — — — (4) Tax effect — — — — 1 Merger & restructuring expenses — 16 171 57 858 Tax effect — (4) (36) (13) (180) Adjusted Net Income (Non-GAAP) $ 7,839 $ 7,399 $ 7,230 $ 22,639 19,300 Average assets $2,983,773 $ 2,817,241 $ 2,812,261 $ 2,890,218 2,764,544 Adjusted return on average assets (annualized) (Non-GAAP) 1.04% 1.05% 1.02% 1.05% 0.93% (1) Tax effect was 22% for the three months ended September 30, 2025 and June 30, 2025, and nine months ended September 30, 2025, and 21% for all other periods Adjusted Return on Average Shareholders' Equity For the Three Months Ended For the Nine Months Ended (Dollars in thousands) 9/30/202 5 6/30/2025 9/30/2024 9/30/2025 9/30/2024 Net income $ 7,839 $ 7,387 $ 7,095 $ 30,569 $ 18,625 Average shareholders' equity 301,101 295,003 273,935 293,312 270,454 Return on average shareholders' equity (annualized) 10.33% 10.04% 10.30% 13.93% 9.20% Net income $ 7,839 $ 7,387 $ 7,095 $ 30,569 $ 18,625 Gain on sale of branches — — — (11,093) — Tax effect — — — 2,440 — Transaction bonus accrual — — — 490 — Tax effect — — — (108) — Board restructuring accrual — — — 381 — Tax effect — — — (84) — Merger & restructuring expenses — 16 171 57 858 Tax effect — (4) (36) (13) (180) Net (gains) losses on sale of securities — — — — (4) Tax effect — — — — 1 Adjusted Net Income (Non-GAAP) $ 7,839 $ 7,399 $ 7,230 $ 22,639 $ 19,300 Average shareholders' equity $301,101 $ 295,003 $ 273,935 $ 293,312 $ 270,454 Adjusted return on average shareholders' equity (annualized) (Non-GAAP) 10.33% 10.06% 10.50% 10.32% 9.53% (1) Tax effect was 22% for the three months ended September 30, 2025 and June 30, 2025, and nine months ended September 30, 2025, and 21% for all other periods (1) (1) (1) (1) (1) (1) (1) (1) (1) (1)
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Page 20 of 21 Tangible Common Equity and Tangible Book Value (Dollars in thousands, except per share data) 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024 Tangible Common Equity Total shareholders’ equity $ 305,457 $ 297,998 $ 294,066 $ 280,221 $ 277,353 Adjustments: Goodwill (58,806) (58,806) (58,806) (58,806) (58,806) Other intangible assets (16,407) (17,490) (18,573) (20,955) (22,118) Tangible common equity (Non-GAAP) $ 230,244 $ 221,702 $ 216,687 $ 200,460 $ 196,429 Common shares outstanding 37,447,026 37,441,879 37,377,342 37,370,917 37,361,560 Book value per common share $ 8.16 $ 7.96 $ 7.87 $ 7.50 $ 7.42 Tangible book value per common share (Non-GAAP) $ 6.15 $ 5.92 $ 5.80 $ 5.36 $ 5.26 Tangible Assets Total assets $ 3,123,293 $ 2,886,554 $ 2,861,489 $ 2,878,778 $ 2,879,941 Adjustments: Goodwill (58,806) (58,806) (58,806) (58,806) (58,806) Other intangible assets (16,407) (17,490) (18,573) (20,955) (22,118) Tangible assets (Non-GAAP) $ 3,048,080 $ 2,810,258 $ 2,784,110 $ 2,799,017 $ 2,799,017 Tangible common equity to tangible assets (Non-GAAP) 7.55% 7.89% 7.78% 7.16% 7.02% Adjusted Efficiency Ratio For the Three Months Ended For the Nine Months Ended (Dollars in thousands) 9/30/2025 6/30/2025 9/30/2024 9/30/2025 9/30/2024 GAAP-based efficiency ratio 62.25% 64.79% 66.71% 58.13% 70.21% Net interest income $ 26,386 $ 24,949 $ 24,981 $ 77,166 $ 74,349 Noninterest income 2,805 2,933 2,680 18,995 6,267 Less: Gain on sale of branches — — — (11,093) — Less: net gains (losses) on sale of securities — — — — (4) Adjusted revenue (Non-GAAP) 29,191 27,882 27,661 85,068 80,612 Total noninterest expense 18,171 18,065 18,452 55,894 56,601 Less: Merger & restructuring expenses — 16 171 57 858 Less: Transaction bonus accrual — — — 490 — Less: Board restructuring accrual — — — 381 — Adjusted non-interest expense $ 18,171 $ 18,049 $ 18,281 $ 54,966 $ 55,743 Efficiency ratio, as adjusted (Non-GAAP) 62.25% 64.73% 66.09% 64.61% 69.15%
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Page 21 of 21 Adjusted Pre-tax, Pre-provision Net Income (Non-GAAP) For the Three Months Ended For the Nine Months Ended (Dollars in thousands, except per share data) 9/30/202 5 6/30/2025 9/30/2024 9/30/2025 9/30/2024 Net Income (GAAP) $ 7,839 $ 7,387 $ 7,095 $ 30,569 $ 18,625 Gain on sale of branches — — — (11,093) — Tax effect — — — 2,440 — Transaction bonus accrual — — — 490 — Tax effect — — — (108) — Board restructuring accrual — — — 381 — Tax effect — — — (84) — Net (gains) losses on sale of securities — — — — (4) Tax effect — — — — 1 Merger & restructuring expenses — 16 171 57 858 Tax effect — (4) (36) (13) (180) Adjusted Net Income (Non-GAAP) 7,839 7,399 7,230 22,639 19,300 Income tax expense 2,178 2,086 2,030 8,123 5,265 Provision for credit losses 1,003 344 84 1,575 125 Tax effect included in Adjusted Net Income - 4 36 (2,235) 179 Adjusted Pre-tax, Pre-provision Net Income (Non- GAAP) $ 11,020 $ 9,833 $ 9,380 $ 30,102 $ 24,869 (1) Tax effect was 22% for the three months ended September 30, 2025 and June 30, 2025, and nine months ended September 30, 2025, and 21% for all other periods Adjusted Earnings Per Share For the Three Months Ended For the Nine Months Ended (Dollars in thousands, except per share data) 9/30/202 5 6/30/2025 9/30/2024 9/30/2025 9/30/2024 GAAP-Based Earnings Per Share, Basic $ 0.21 $ 0.20 $ 0.19 $ 0.82 $ 0.50 GAAP-Based Earnings Per Share, Diluted $ 0.21 $ 0.20 $ 0.19 $ 0.82 $ 0.50 Net Income $ 7,839 $ 7,387 $ 7,095 $ 30,569 $ 18,625 Gain on sale of branches — — — (11,093) — Tax effect — — — 2,440 — Transaction bonus accrual — — — 490 — Tax effect — — — (108) — Board restructuring accrual — — — 381 — Tax effect — — — (84) — Merger & restructuring expenses — 16 171 57 858 Tax effect — (4) (36) (13) (180) Net (gains) losses on sale of securities — — — — (4) Tax effect — — — — 1 Adjusted Net Income (Non-GAAP) $ 7,839 $ 7,399 $ 7,230 $ 22,639 $ 19,300 Adjusted Earnings per Share, Basic (Non-GAAP) $ 0.21 $ 0.20 $ 0.20 $ 0.61 $ 0.52 Adjusted Earnings per Share, Diluted (Non-GAAP) $ 0.21 $ 0.20 $ 0.19 $ 0.61 $ 0.52 (1) Tax effect was 22% for the three months ended September 30, 2025 and June 30, 2025, and nine months ended September 30, 2025, and 21% for all other periods (1) (1) (1) (1) (1) (1) (1) (1) (1) (1)