HARRISBURG, Pa., April 28, 2025 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank"), reported record net income of $15.3 million, or $0.41 per diluted share, for the quarter ended March 31, 2025, compared to net income of $7.6 million, or $0.20 per diluted share, for the quarter ended December 31, 2024.  Excluding income and expenses associated with the sale of the Bank's New Jersey operations and expenses related to the reduction of the size of the Board of Directors, adjusted earnings were $7.4 million1, or $0.201 per diluted share for the first quarter of 2025, compared with $7.6 million1, or $0.211 per diluted share for the fourth

CAMP HILL, Pa., April 1, 2025 /PRNewswire/ -- Andrew Samuel, Chief Executive Officer of LINKBANCORP, Inc. (NASDAQ:LNKB) ( "Company"), announced that the Company's wholly owned subsidiary, LINKBANK ("LINK"), has successfully consummated the sale of its banking operations and three branches in New Jersey, including related loans and deposits (the "New Jersey Operations") to American Heritage Federal Credit Union, headquartered in Philadelphia, Pennsylvania. The transaction, effective March 31, 2025, involved the transfer of three branch locations, approximately $87 million of deposits, and $105 million in loans. Under the terms of the purchase and assumption agreement, deposits were sold at a

CAMP HILL, Pa., March 26, 2025 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) ("LINK" or the "Company"), parent company of LINKBANK, has announced all regulatory approvals have been received to complete the previously announced sale of LINK's New Jersey operations to American Heritage Federal Credit Union, headquartered in Philadelphia, Pennsylvania. The transaction, which is anticipated to close on March 31, 2025, is subject to the fulfillment of customary closing conditions. This strategic sale includes three of the Company's branches, along with the associated loans, depos

HARRISBURG, Pa., Jan. 27, 2025 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported record net income of $7.6 million, or $0.20 per diluted share, for the quarter ended December 31, 2024, compared to net income of $7.1 million, or $0.19 per diluted share, for the quarter ended September 30, 2024.  Excluding expenses associated with the pending sale of its New Jersey branches and branch consolidations, adjusted earnings were $7.6 million1, or $0.211 per diluted share for the fourth quarter of 2024, compared with $7.2 million1, or $0.191 per diluted share for the third quarter of 2024. Net income for the year ended December 31, 2

HARRISBURG, Pa., Oct. 28, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported record net income of $7.1 million, or $0.19 per diluted share, for the quarter ended September 30, 2024, demonstrating continued growth compared to net income of $5.8 million, or $0.16 per diluted share, for the linked quarter ended June 30, 2024.  Excluding expenses associated with the sale of its New Jersey branches and branch consolidations, adjusted earnings were $7.2 million1, or $0.191 per diluted share for the third quarter of 2024, compared with $6.3 million1, or $0.171 per diluted share for the second quarter of 2024.

HARRISBURG, Pa., July 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $5.8 million, or $0.16 per diluted share, for the quarter ended June 30, 2024.  Excluding expenses associated with the sale of its New Jersey branches and additional branch consolidations, adjusted earnings were $6.3 million1, or $0.171 per diluted share for the second quarter of 2024. Second Quarter 2024 Highlights Total loans2 increased $63.6 million, or 11.4% annualized from $2.25 billion at March 31, 2024 to $2.3

CAMP HILL, Pa., May 9, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) ("LINK" or the Company), today announced that its wholly owned subsidiary, LINKBANK, entered into a definite purchase and assumption agreement under which American Heritage Federal Credit Union, based in Philadelphia, Pennsylvania, will acquire LINKBANK's banking operations and 3 branches in New Jersey. The transaction includes approximately $105 million of deposits and $123 million in loans. The 3 branches were previously part of the Liberty Bell Bank division of The Bank of Delmarva, which merged wit

CAMP HILL, Pa., May 7, 2024 /PRNewswire/ -- Andrew Samuel, CEO of LINKBANCORP, Inc. (the "Company"), has announced the appointment of Catherine Eisel as Chief Risk Officer of the Company and its banking subsidiary, LINKBANK.  In her capacity as Chief Risk Officer, Eisel, who originally joined LINKBANK as Deputy Chief Risk Officer, will serve as a member of the Company's executive leadership team and report directly to Samuel. Her responsibilities will encompass overseeing all aspects of the Company's risk management program. Eisel has spent her entire career with the Federal D

HARRISBURG, Pa., April 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $5.73 million, or $0.15 per diluted share, for the quarter ended March 31, 2024.  Excluding merger related expenses, adjusted earnings were $5.77 million1, or $0.161 per diluted share for the first quarter of 2024. First Quarter 2024 Highlights Net interest income before provision was $24.9 million for the first quarter of 2024, compared to $14.3 million in the fourth quarter of 2023. Net interest margin grew from 3

HARRISBURG, Pa., Jan. 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported financial results for the fourth quarter and year ended December 31, 2023 that were significantly impacted by one-time costs related to the merger with Partners Bancorp ("Partners") that was successfully completed on November 30, 2023 (the "Merger").  For the quarter ended December 31, 2023, the Company recognized a net loss of $13.2 million, or $0.57 per diluted share, and for the year ended December 31, 2023, the Company recognized a net loss of $12.2 million, or $0.68 per diluted share.

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4 - LINKBANCORP, Inc. (0001756701) (Issuer)

CAMP HILL, Pa., May 7, 2024 /PRNewswire/ -- Andrew Samuel, CEO of LINKBANCORP, Inc. (the "Company"), has announced the appointment of Catherine Eisel as Chief Risk Officer of the Company and its banking subsidiary, LINKBANK.  In her capacity as Chief Risk Officer, Eisel, who originally joined LINKBANK as Deputy Chief Risk Officer, will serve as a member of the Company's executive leadership team and report directly to Samuel. Her responsibilities will encompass overseeing all aspects of the Company's risk management program. Eisel has spent her entire career with the Federal D

CAMP HILL, Pa., Dec. 1, 2023 /PRNewswire/ -- Andrew Samuel, Chief Executive Officer of LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, announced today the completion of the merger of Partners Bancorp ("Partners") (NASDAQ:PTRS) with and into LINK, and the merger of The Bank of Delmarva and Virginia Partners Bank with and into LINKBANK, effective November 30, 2023. "We are delighted with the closing of this transformational combination that establishes LINKBANK as a premier Mid Atlantic community bank franchise," said Samuel. "We look forward to moving forw

CAMP HILL, Pa., Feb. 15, 2023 /PRNewswire/ -- LINKBANCORP, Inc. announced the appointment of Dee Bonora as Chief Technology Officer. As Chief Technology Officer, Bonora will help drive innovation and operational excellence throughout the organization. With 25 years of technology and software engineering experience within the banking and other industries, she brings a wealth of knowledge to the Company. "We are thrilled to have Dee join the team," said Andrew Samuel, Chief Executive Officer. "Dee's experience, leadership and knowledge will help us continue to improve business f

HARRISBURG, Pa., April 28, 2025 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank"), reported record net income of $15.3 million, or $0.41 per diluted share, for the quarter ended March 31, 2025, compared to net income of $7.6 million, or $0.20 per diluted share, for the quarter ended December 31, 2024.  Excluding income and expenses associated with the sale of the Bank's New Jersey operations and expenses related to the reduction of the size of the Board of Directors, adjusted earnings were $7.4 million1, or $0.201 per diluted share for the first quarter of 2025, compared with $7.6 million1, or $0.211 per diluted share for the fourth

HARRISBURG, Pa., Jan. 27, 2025 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported record net income of $7.6 million, or $0.20 per diluted share, for the quarter ended December 31, 2024, compared to net income of $7.1 million, or $0.19 per diluted share, for the quarter ended September 30, 2024.  Excluding expenses associated with the pending sale of its New Jersey branches and branch consolidations, adjusted earnings were $7.6 million1, or $0.211 per diluted share for the fourth quarter of 2024, compared with $7.2 million1, or $0.191 per diluted share for the third quarter of 2024. Net income for the year ended December 31, 2

HARRISBURG, Pa., Oct. 28, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported record net income of $7.1 million, or $0.19 per diluted share, for the quarter ended September 30, 2024, demonstrating continued growth compared to net income of $5.8 million, or $0.16 per diluted share, for the linked quarter ended June 30, 2024.  Excluding expenses associated with the sale of its New Jersey branches and branch consolidations, adjusted earnings were $7.2 million1, or $0.191 per diluted share for the third quarter of 2024, compared with $6.3 million1, or $0.171 per diluted share for the second quarter of 2024.

HARRISBURG, Pa., July 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $5.8 million, or $0.16 per diluted share, for the quarter ended June 30, 2024.  Excluding expenses associated with the sale of its New Jersey branches and additional branch consolidations, adjusted earnings were $6.3 million1, or $0.171 per diluted share for the second quarter of 2024. Second Quarter 2024 Highlights Total loans2 increased $63.6 million, or 11.4% annualized from $2.25 billion at March 31, 2024 to $2.3

HARRISBURG, Pa., April 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $5.73 million, or $0.15 per diluted share, for the quarter ended March 31, 2024.  Excluding merger related expenses, adjusted earnings were $5.77 million1, or $0.161 per diluted share for the first quarter of 2024. First Quarter 2024 Highlights Net interest income before provision was $24.9 million for the first quarter of 2024, compared to $14.3 million in the fourth quarter of 2023. Net interest margin grew from 3

HARRISBURG, Pa., Jan. 29, 2024 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported financial results for the fourth quarter and year ended December 31, 2023 that were significantly impacted by one-time costs related to the merger with Partners Bancorp ("Partners") that was successfully completed on November 30, 2023 (the "Merger").  For the quarter ended December 31, 2023, the Company recognized a net loss of $13.2 million, or $0.57 per diluted share, and for the year ended December 31, 2023, the Company recognized a net loss of $12.2 million, or $0.68 per diluted share.

SALISBURY, Md., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ:PTRS) (the "Company"), the parent company of The Bank of Delmarva ("Delmarva"), Seaford, Delaware, and Virginia Partners Bank ("Virginia Partners"), Fredericksburg, Virginia, reported net income attributable to the Company of $4.5 million, or $0.25 per diluted share, for the three months ended September 30, 2023, a $429 thousand or 10.4% increase when compared to net income attributable to the Company of $4.1 million, or $0.23 per diluted share, for the same period in 2022. For the nine months ended September 30, 2023, the Company reported net income attributable to the Company of $11.6 million, or $0.65 per diluted

HARRISBURG, Pa., July 31, 2023 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ:LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $1.35 million, or $0.08 per diluted share, for the quarter ended June 30, 2023. Excluding merger related expenses, adjusted earnings were $1.60 million1, or $0.101 per diluted share for the second quarter of 2023. Second Quarter 2023 Highlights Total deposits grew $50.3 million, or 20.5% annualized during the second quarter over the prior quarter end, including an increase in noninterest bearing deposits of $36.2 mil

SALISBURY, Md., July 31, 2023 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ:PTRS) (the "Company"), the parent company of The Bank of Delmarva ("Delmarva"), Seaford, Delaware, and Virginia Partners Bank ("Virginia Partners"), Fredericksburg, Virginia, reported net income attributable to the Company of $3.8 million, or $0.21 per diluted share, for the three months ended June 30, 2023, a $585 thousand or 18.4% increase when compared to net income attributable to the Company of $3.2 million, or $0.18 per diluted share, for the same period in 2022. For the six months ended June 30, 2023, the Company reported net income attributable to the Company of $7.1 million, or $0.39 per diluted share, a $1

SALISBURY, Md., May 01, 2023 (GLOBE NEWSWIRE) -- Partners Bancorp (NASDAQ:PTRS) (the "Company"), the parent company of The Bank of Delmarva ("Delmarva"), Seaford, Delaware, and Virginia Partners Bank ("Virginia Partners"), Fredericksburg, Virginia, reported net income attributable to the Company of $3.3 million, or $0.19 per diluted share, for the three months ended March 31, 2023, a $1.2 million or 57.9% increase when compared to net income attributable to the Company of $2.1 million, or $0.12 per diluted share, for the same period in 2022. As previously disclosed, on February 22, 2023, the Company and LINKBANCORP, Inc. ("LINK") (NASDAQ:LNKB), parent company of LINKBANK, announced that t

Hovde Group initiated coverage of LINKBANCORP with a rating of Outperform and set a new price target of $8.50

Piper Sandler downgraded LINKBANCORP from Overweight to Neutral

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