The following table reflects the consideration paid for Progressive's net assets and the identifiable assets purchased and liabilities assumed at their fair values as of January 1, 2026. The fair values are provisional estimates and may be adjusted for a period of up to one year from the date of acquisition if new information is obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date.


Cost and Allocation of Purchase Price for Progressive Bancorp, Inc. (Progressive):
(Dollars in thousands, except per share data)
Purchase Price:
Shares Issued to Progressive's Shareholders on January 1, 2026	3,192,367
Closing Stock Price on December 31, 2025	$	26.14
Total Stock Issued	$	83,448
Partial Shares Paid in Cash	3

Total Purchase Price	$	83,451
Net Assets Acquired:
Cash and Cash Equivalents	$	93,255
Securities Available for Sale	45,047
Loans and Leases Receivable, Net of Allowance	573,919
Premises and Equipment, Net	25,903
Cash Value of Life Insurance	11,559
Core Deposit Intangible	15,950
Other Assets	8,988
Total Assets	774,621

Deposits	684,773
Borrowings	7,538
Other Liabilities	7,592
Total Liabilities	699,903
Net Assets Acquired	74,718
Goodwill Resulting from Merger	$	8,733