Resource Bank | Statement of Financial Condition

Resource Bankshares, Inc. Financial Statement STATEMENT OF FINANCIAL CONDITION (in thousands)	Holding Company Consolidated 9/30/2026	Holding Company Consolidated 9/30/2025
ASSETS	(unaudited)	(unaudited)
Cash & due from banks	$9,667	$8,525
Interest bearing deposits in other banks	18	66
Fed Funds Sold	34,216	717
Investment securities: Available-for-sale, at fair value	60,555	99,851
Held-to-maturity	4,912	4,893
Other stocks, at cost	4,700	1,983
Loans, less allowances for credit losses (09/30/2026 Allowance for loan losses $3,604,000) (09/30/2025 Allowance for loan losses $4,997,000)	841,216	782,085
Bank premises & equipment, net of accumulated depreciation	32,824	31,444
Deferred Tax Receivable	639	837
Accrued interest receivable	2,757	2,683
Other real estate owned	278	603
Other Assets	3,014	3,347
TOTAL ASSETS	$994,796	$937,034
LIABILITIES
Deposits
Demand Deposit Accounts	$219,689	$191,958
NOW Accounts	237,700	236,092
Money Market Accounts	49,936	51,726
Saving Accounts	36,149	34,167
Certificates of Deposits $250,000 & over	147,283	198,609
Other Certificates of Deposits	79,073	86,524
Total Deposits	769,830	799,076
Accrued expenses and other liabilities	7,285	5,525
Deferred Tax Payable	65	324
Accrued Interest Payable	1,766	2,249
Other borrowed funds	91,000	16,000
Total Liabilities	$869,946	$823,174
STOCKHOLDERS' EQUITY
Common stock: $1.00 par value; 2,000,000 shares authorized; 1,627,302 and 1,608,927 shares issued and outstanding at 09/30/2026 and 09/30/2025, respectively.	1,627	1,609
Preferred stock; $0.00 par value; 100,000 shares authorized; no shares issued and outstanding.	0	0
Stock Subscription Receivable	(1,874)	(2,321)
Capital Surplus	19,752	18,989
Retained Earnings	97,732	91,100
Earnings year to date (* Bank Only $10,074,432 year to date)	10,011	7,633
Net unrealized gains (losses) on securities held	(2,398)	(3,150)
Total Stockholder's Equity	124,850	113,860
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$994,796	$937,034
Book value per Share-Undiluted	$77.08	$69.32
Book value per Share-Diluted	$76.99	$69.33
Quarterly Return on Average Assets (ROA) (*Bank Only as of September 30)	1.24%	1.16%
Quarterly Efficiency Ratio (*Bank Only as of September 30)	64.96%	65.64%
YTD Return on Average Assets (ROA) (*Bank Only as of September 30)	1.41%	1.07%
YTD Efficiency Ratio (*Bank Only as of September 30)	66.14%	67.25%
Tier 1 Capital Total Stockholder's Equity	$127,248	$117,010
Tier 1 Capital Book value per share-undiluted	$78.56	$71.24
Tier 1 Capital Book value per share-diluted	$78.37	$71.10

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.