ADDED
$ 133,583,528 .57 based on the closing price of such common stock on June 30, 2025, which was $28.85 per share.
5,461,490 shares of common stock, outstanding at February 28, 2026.
The Proxy Statement will be filed on or before April 30, 2026.
The Bank, founded in 1912, is a state-chartered commercial bank serving the citizens and business interests of the Catawba Valley and surrounding communities through 15 banking offices, located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Huntersville and Mooresville, North Carolina.
At December 31, 2025, the Company had total assets of $1.70 billion, net loans of $1.20 billion, deposits of $1.51 billion, total securities of $380.0 million, and shareholders equity of $157.1 million.
At December 31, 2025, the Company employed 268 full-time employees and eight part-time employees, which equated to 273 full-time equivalent employees.
Based upon June 30, 2025 comparative data, the Bank had 23.54% of the deposits in Catawba County, placing it first in deposit size among a total of 11 banks with branch offices in Catawba County; 15.24% of the deposits in Lincoln County, placing it third in deposit size among a total of 10 banks with branch offices in Lincoln County; and 15.92% of the deposits in Alexander County, placing it third in deposit size among a total of four banks with branch offices in Alexander County.
As of December 31, 2025, the Bank s legal lending limit was $31.4 million (absent fully marketable collateral) or $52.3 million (when fully secured by readily marketable collateral), and the largest credit relationship was $24.4 million.
Human Capital Management At December 31, 2025, the Company employed 268 full-time employees and eight part-time employees, which equated to 273 full-time equivalent employees.
At December 31, 2025, the Bank exceeded each of its minimum capital requirements with a Tier 1 leverage capital ratio of 11.13%, common equity Tier 1 risk-based capital ratio of 14.83%, Tier 1 risk-based capital ratio of 14.83% and total risk-based capital ratio of 15.70%.
REMOVED
$ 131,635,297 based on the closing price of such common stock on June 30, 2024, which was $29.20 per share.
5,455,999 shares of common stock, outstanding at February 28, 2025 .
The Proxy Statement will be filed on or before April 30, 2025.
The Bank, founded in 1912, is a state-chartered commercial bank serving the citizens and business interests of the Catawba Valley and surrounding communities through 16 banking offices, located in Lincolnton, Newton, Denver, Catawba, Conover, Maiden, Claremont, Hiddenite, Hickory, Charlotte, Huntersville, Mooresville and Raleigh, North Carolina.
At December 31, 2024, the Company had total assets of $1.7 billion, net loans of $1.1 billion, deposits of $1.5 billion, total securities of $390.7 million, and shareholders equity of $130.6 million.
At December 31, 2024, the Company employed 281 full-time employees and 13 part-time employees, which equated to 288 full-time equivalent employees.
Based upon June 30, 2024 comparative data, the Bank had 21.49% of the deposits in Catawba County, placing it second in deposit size among a total of 12 banks with branch offices in Catawba County; 16.37% of the deposits in Lincoln County, placing it second in deposit size among a total of 10 banks with branch offices in Lincoln County; and 16.10% of the deposits in Alexander County, placing it fourth in deposit size among a total of four banks with branch offices in Alexander County.
As of December 31, 2024, the Bank s legal lending limit was $29.1 million (absent fully marketable collateral), and the largest credit relationship was $19.1 million.
Human Capital Management At December 31, 2024, the Company employed 281 full-time employees and 13 part-time employees, which equated to 288 full-time equivalent employees.
We expanded our Diversity, Equity Inclusion ( DEI ) course library to support our ongoing culture sustainability program development.