Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
ASSETS
Noninterest-bearing cash equivalents	$ 15,321	$ 13,834
Interest-bearing deposits with other institutions	178,832	152,266
Cash and cash equivalents	194,153	166,100
Securities available for sale, at fair value	267,930	145,590
Securities held to maturity (Fair value of $26,024 and $30,284, respectively)	26,982	31,967
Less: Allowance for credit losses - securities	(387)	(459)
Securities held to maturity, net	26,595	31,508
Loans receivable	2,456,977	2,255,749
Less: Allowance for credit losses - loans	(25,342)	(26,435)
Net loans	2,431,635	2,229,314
Investments in restricted bank stock	4,791	5,209
Premises and equipment, net	15,822	18,029
Right-to-Use Asset - Premises	15,632	14,913
Bank-owned life insurance	53,263	52,079
Goodwill	58,806	58,806
Other intangible assets, net	16,407	20,955
Deferred tax asset	15,003	18,866
Assets held for sale	0	94,146
Accrued interest receivable and other assets	22,334	23,263
TOTAL ASSETS	3,122,371	2,878,778
Deposits:
Total deposits	2,668,099	2,360,582
Long-term borrowings	40,000	40,000
Short-term borrowings	0	10,000
Note payable	0	565
Subordinated debt	62,255	61,984
Lease liabilities	15,965	15,666
Allowance for credit losses - unfunded commitments	2,157	1,857
Liabilities held for sale	0	93,777
Accrued interest payable and other liabilities	28,438	14,126
TOTAL LIABILITIES	2,816,914	2,598,557
COMMITMENTS AND CONTINGENT LIABILITIES (Note 11)
SHAREHOLDERS' EQUITY
Preferred stock (At September 30, 2025 and December 31, 2024: no par value; 5,000,000 shares authorized; no shares issued and outstanding.)
Common stock (At September 30, 2025 and December 31, 2024: $0.01 par value; 50,000,000 shares authorized; 37,447,026 and 37,370,917 shares issued and outstanding, respectively.)	370	370
Surplus	265,637	264,449
Retained earnings	42,157	19,947
Accumulated other comprehensive loss	(2,707)	(4,545)
TOTAL SHAREHOLDERS' EQUITY	305,457	280,221
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	3,122,371	2,878,778
Demand, noninterest bearing
Deposits:
Total deposits	640,100	658,646
Interest bearing
Deposits:
Total deposits	$ 2,027,999	$ 1,701,936

LINKBANCORP, Inc. 10-Q