The Piggy Bank Our goal is to show a consistent profit and sustainable growth by offering our community quality products and services.

Executive Team M - President K - Executive Vice-President C - Executive Vice-President A – Executive Vice-President

Overall Strategy 12/31/19 Actual 12/31/21 Target To reverse declines in net interest margin, return on equity and return on assets and provide stable profit and sustainable growth for shareholders. 12/31/19 Actual 12/31/21 Target Net Interest Margin 3.26% 5.00% Return On Assets 0.25% 1.25% Return on Equity 3.87% 18.00% Growth Rate Targets Loans 12-15% Deposits 12-15% Total Assets 10-12%

Overall Results 12/31/19 Actual 12/31/21 Target 12/31/21 Actual Reversed declines in net interest margin, return on equity and return on assets and provided stable profit and sustainable growth for shareholders. 12/31/19 Actual 12/31/21 Target 12/31/21 Actual Net Interest Margin 3.26% 5.00% 5.06% Return On Assets 0.25% 1.25% 1.34% Return on Equity 3.87% 18.00% 20.91% Growth Rate Targets Loans 12-15% 14.72% Deposits 12-15% 13.74% Total Assets 10-12% 12.44%

Net Interest Margin

Return On Assets

Return On Equity

Two-Year Annualized Growth

Loan Strategy and Results Maintain slightly below market rates to attract loan growth. Borrow funds when needed to support additional growth. Results Increased loan growth 14.72% on 2 year annualized average. Obtained community leading loan growth in 1st half of 2021, setting foundation for improved interest margins and net income in 2nd half of 2021. Resulted in violation of owners equity ratio in 2nd quarter of 2021; quickly corrected by issuing additional stock to increase owners equity.

Deposit Strategy and Results Grow core deposits by offering market-leading deposit rates and lowered fees in an effort to organically attract growth. Results: Increased deposit growth 13.74% on two year annualized average. Realized lower than anticipated first year gains due to lack of rate sensitivity within our bank market. Adjusted strategy to better match market rates and fees for core deposit growth; utilized Treasury CD’s to provide additional deposit support for loan growth. Structured purchased deposits (CD’s) to spread maturities while benefitting from lower rates in early 2021.

Securities Strategy and Results Utilize market swings to balance investment security with loan growth risk. Results: Structured investments to allow timely maturity for funding loan growth in periods of high demand. Used sale of securities to fund said growth in loans when the market allowed. Repurchased and laddered additional securities when bank demand for loan growth slowed in order to lower risk, improve liquidity, and generate stable earnings.

Our future… Strong history of eight straight quarters with sustained growth in Return on Assets and Return on Equity…the only bank in our community to achieve this in both categories. Well-positioned with a strong loan and deposit base for continued improvements in net interest income related to slight adjustments in rates. Improved liquidity and structuring of securities and purchased CD’s should provide necessary cushions for unanticipated swings in loan demand. Understanding of marketing and advertising impact in periods of fluctuating demand provides better ability to react quickly to changing market conditions. Consistent growth in Earnings Per Share and Stock Price enhance marketability for future equity raises if need arises for additional capital injection.