Strength and
Stability

Through a strong leadership team, we provide clients with thoughtful insight and customized solutions while constantly focusing on the safety and soundness of the Company as a whole. We are well capitalized and routinely and thoroughly examined by federal and state regulators who focus on financial performance, risk management, and compliance with all applicable laws and regulations. To help ensure safety and soundness, we have built a sophisticated enterprise risk management process, which employs organizationwide risk assessments, regimented risk management procedures, strong policies and procedures, and best practices in corporate governance. We are also evaluated by two of the most recognized independent rating agencies, Moody's and Kroll.

Holding Company and Bank Ratings

Moody's Investment Grade Rating

• Baa3
• Long- and short-term deposit rating of A3/Prime-2 and a standalone baseline credit assessment of baa2

Kroll Bond Rating Agency (KBRA)

• Investment grade ratings for senior and subordinated debt
• KBRA deposit rating of BBB+

Balance Sheet and Liquidity Highlights

Balance sheet management and liquidity analysis continue to be top priorities for the Company. The following highlights demonstrate our commitment to a strong history of stability and growth as of December 31, 2024:

• Total Assets: $7.0 billion
• Total Deposits: $6.1 billion
• Insured Deposits to Total Deposits: 74%
• Total Shareholders' Equity: $606 million
• Shareholders' Equity to Total Assets: 8.6%
• Year-to-Date Net Income: $33 million

Regulatory Capital Ratios

A solid capital base provides the Company with financial strength and the ability to support future growth and is essential to executing our strategic plan. Our capital strategy is intended to provide stability even in a stressed economic environment. We consistently maintain sufficient capital levels, which are well above regulatory minimum requirements. The following table includes key capital ratios at the Bank level as of December 31, 2024: