LINKBANCORP, Inc.

LINKBANCORP, Inc. is a Pennsylvania-based bank holding company whose sole operating business is LINKBANK, a community bank serving customers across South Central Pennsylvania and select Mid-Atlantic markets. It gathers deposits, makes commercial and retail loans, and provides cash management and related banking services, with a stated focus on relationship banking for small businesses, retail customers, and nonprofit organizations.

18,0 %

+11,3 %

— LINKBANCORP, Inc.
%
Lending55% Traditional loans to small businesses, commercial borrowers, and retail customers, including collateralized credit.
Deposits20% Core funding from retail, business, and nonprofit deposit accounts used to support lending.
Cash Management8% Transaction and cash services for business and nonprofit customers that support operating accounts.
Mortgage Banking7% Residential mortgage loan sales to the secondary market and related servicing income.
Other Noninterest Income10% Service charges, bank-owned life insurance income, securities gains, and other fee-based items.

LINKBANCORP serves retail customers, small businesses, and nonprofit organizations through its community banking...

  • Small businessesprimary

    Borrow commercial loans, operating accounts, and cash management services to fund working capital and growth.

  • Retail customersprimary

    Use deposit accounts, consumer lending, and branch-based banking services.

  • Nonprofit organizationssecondary

    Buy deposit and cash services designed for treasury and operating needs.

  • Commercial real estate and local business borrowerssecondary

    Use collateralized lending tied to local property and business cash flows.

The bank’s operations and lending are concentrated in South Central Pennsylvania, with additional markets in Maryland,...

  • •Core footprint is South Central Pennsylvania
  • •Expanded into Maryland, Delaware, and Virginia through merger activity
  • •Branch network is small versus larger regional and national banks
  • •Local economic conditions affect loan demand and credit quality
  • •Deposit costs depend on competition in each market area

LINKBANCORP’s strategy is to deepen community banking relationships by pairing local lending with locally sourced...

01
Core deposit growthshort-term

Stable local deposits reduce funding dependence and support loan growth.

02
Small business lending expansionmedium-term

Commercial lending is the main earnings engine and supports relationship depth.

03
Technology-enabled community bankingmedium-term

Technology helps offset a smaller branch network and improves service efficiency.

04
Strategic combination with BHRBshort-term

The announced merger could reshape scale, footprint, and competitive positioning.

The company is exposed to credit risk, interest rate risk, and intense competition from larger banks and fintech...

high

Merger regulatory approval and closing risk

The announced BHRB merger requires approvals and could face delays, conditions, or non-approval.

Scope
Pending merger with Burke & Herbert Financial Services Corp.
Materiality
high
high

Credit deterioration in the loan portfolio

Earnings depend heavily on lending, and borrower stress or collateral declines can increase provisions.

Scope
Small business, commercial, and real estate lending
Materiality
high
high

Interest rate and funding pressure

Deposit costs and loan yields move with market rates, affecting net interest margin.

Scope
Core deposits and interest-earning assets
Materiality
high
medium

Competitive pressure from larger banks and fintechs

Larger institutions have broader branch coverage, marketing reach, and product breadth.

Scope
Mid-Atlantic community banking markets
Materiality
medium
medium

Regulatory and third-party vendor oversight

Bank regulators can penalize weak oversight of vendors and business relationships.

Scope
Outsourced services and ongoing third-party relationships
Materiality
medium
Allowance for credit losses
Directly affects provision expense, earnings, and loan carrying values
Collateral-dependent loan valuation
Can increase charge-offs or reserves if appraised values fall
Mortgage banking revenue recognition
Creates variability in noninterest income
Fair value of securities
Can influence accumulated other comprehensive income and earnings on sale
Equity compensation and employee benefits
Affects compensation expense and reported profitability

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: 28.4.2026