LINKBANCORP, Inc.

LINKBANCORP, Inc. is a bank holding company incorporated in Pennsylvania on April 6, 2018. The company operates through its subsidiary, LINKBANK. LINKBANCORP became a bank holding company in October 2018 after acquiring Stonebridge Bank, which was renamed LINKBANK. On September 18, 2021, the company merged with GNB Financial Services, Inc. and its subsidiary, The Gratz Bank. Following this, LINKBANK merged into The Gratz Bank, which then legally changed its name to LINKBANK on November 4, 2022, operating under a single brand. In September 2022, LINKBANCORP completed its initial public offering, issuing 5,101,205 shares of common stock at $7.50 per share, and its shares began trading on the Nasdaq Capital Market. The company received net proceeds of $34.7 million after deducting $2.5 million in underwriting discounts and commissions and $1.1 million in other offering expenses. LINKBANCORP contributed $20.0 million in capital to LINKBANK in October 2022. On November 30, 2023, the company completed a merger with Partners Bancorp and its subsidiaries, The Bank of Delmarva and Virginia Partners Bank. In this transaction, Partners Bancorp merged into LINKBANCORP, and The Bank of Delmarva and Virginia Partners Bank merged into LINKBANK, with LINKBANK as the surviving bank. In the first quarter of 2023, LINKBANCORP completed a $10.0 million private placement with certain directors and other accredited investors.