Resource Bank | Statement of Financial Condition

Resource Bankshares, Inc. Financial Statement STATEMENT OF FINANCIAL CONDITION (in thousands)	Holding Company Consolidated 6/30/2026	Holding Company Consolidated 6/30/2025
ASSETS	(unaudited)	(unaudited)
Cash & due from banks	$11,282	$10,560
Interest bearing deposits in other banks	50	163
Fed Funds Sold	22,277	6,767
Investment securities: Available-for-sale, at fair value	73,408	104,372
Held-to-maturity	4,907	4,889
Other stocks, at cost	3,007	3,240
Deferred Tax Receivable	563	1,062
Loans, less allowances for credit losses (06/30/2026 Allowance for loan losses $3,546,000) (06/30/2025 Allowance for loan losses $5,060,000)	827,470	788,732
Bank premises & equipment, net of accumulated depreciation	33,127	31,568
Accrued interest receivable	2,725	2,709
Other real estate owned	0	841
Other Assets	3,290	2,311
TOTAL ASSETS	$982,106	$957,214
LIABILITIES
Deposits
Demand Deposit Accounts	$217,790	$190,849
NOW Accounts	245,805	249,960
Money Market Accounts	52,278	48,993
Saving Accounts	35,350	33,309
Certificates of Deposits $250,000 & over	173,354	197,157
Other Certificates of Deposits	78,010	92,357
Total Deposits	802,587	812,625
Accrued expenses and other liabilities	6,041	4,362
Deferred Tax Payable	93	333
Accrued Interest Payable	1,976	2,337
Other borrowed funds	49,000	22,000
Total Liabilities	$859,697	$841,657
STOCKHOLDERS' EQUITY20
Common stock: $1.00 par value; 2,000,000 shares authorized; 1,626,924 and 1,650,690 shares issued and outstanding at 06/30/2026 and 06/30/2025, respectively.	1,627	1,651
Preferred stock; $0.00 par value; 100,000 shares authorized; no shares issued and outstanding.	0	0
Stock Subscription Receivable	(2,496)	(2,321)
Capital surplus	19,685	23,334
Retained Earnings	98,708	92,010
Earnings year to date (* Bank Only $7,052,909 year to date)	7,003	4,880
Net unrealized gains (losses) on securities held	(2,118)	(3,997)
Total Stockholder's Equity	122,409	115,557
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$982,106	$957,214
Book value per Share-Undiluted	$75.75	$70.27
Book value per Share-Diluted	$75.74	$70.15
Quarterly Return on Average Assets (ROA) (*Bank Only as of June 30)	1.47%	1.00%
Quarterly Efficiency Ratio (*Bank Only as of June 30)	65.39%	66.29%
YTD Return on Average Assets (ROA) (*Bank Only as of June 30)	1.50%	1.02%
YTD Efficiency Ratio (*Bank Only as of June 30)	66.77%	66.29%
Tier 1 Capital Total Stockholder's Equity	$124,527	$119,554
Tier 1 Capital Book value per share-undiluted	$77.06	$72.70
Tier 1 Capital Book value per share-diluted	$76.97	$72.40

Management has elected to omit substantially all of the disclosures and the related statements of income, cash flow and changes in equity required by the generally accepted accounting principles as issued by the U. S. Financial Accounting Standards Board. If the omitted disclosures and the statements of cash flows and changes in equity were included in the financial statements, they might influence the user's conclusions about the company's financial position, results of operations, and cash flows. Accordingly, the financial statements are not designed for those who are not informed about such matters.