{"schema_version":"secwatch.filing_event.v1","accession":"0000943374-23-000462","form_type":"8-K","ticker":"LNKB","cik":"0001756701","company_name":"LINKBANCORP, Inc.","filed_at":"2023-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.326942+00:00","generated_at":"2026-06-07T19:27:33.505149+00:00","sec_items":["2.01","2.03","5.02","5.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LINKBANCORP closes merger with Partners Bancorp; combined company has $2.8B assets","bullets":["Merger of Partners Bancorp into LINK completed Nov 30, 2023; Partners shareholders received 1.15 LINK shares per share.","Combined company has approx. $2.8B total assets, $2.3B deposits, $2.2B loans, serving 31 branches across Mid-Atlantic.","Ten former Partners directors appointed to LINK board; Jeffrey Turner named Vice Chairman.","LINK assumed $17.8M of Partners' 6% subordinated notes due 2030 and $4.5M subordinated term loan due 2028.","Andrew Samuel continues as CEO; John Breda named Market CEO for Delmarva Region; other regional presidents appointed."],"urls":{"canonical":"https://secwatch.observer/filing/0000943374-23-000462","json":"https://secwatch.observer/filing/0000943374-23-000462.json","markdown":"https://secwatch.observer/filing/0000943374-23-000462.md","text":"https://secwatch.observer/filing/0000943374-23-000462.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/0000943374-23-000462-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/form8k_113023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:27:33.505149+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1305e7941aba41d6d73b8fc36f2dc2ec28080f36","claim":"LINKBANCORP, Inc. incurred term loan of $4.5 million aggregate principal amount at 6.875% per annum maturing due April 1, 2028.","evidence_excerpt":"(ii) $4.5 million aggregate principal amount of a subordinated term loan, with an interest rate of 6.875% per annum, due April 1, 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/0000943374-23-000462-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$4.5 million aggregate principal amount"},{"label":"Rate","value":"6.875% per annum"},{"label":"Maturity","value":"due April 1, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f0cfff5547a5b4f11ad090f46bc1bd9a5e2256f2","claim":"LINKBANCORP, Inc. incurred senior notes of $17.8 million aggregate principal amount at 6.000% fixed-to-floating rate maturing due July 1, 2030.","evidence_excerpt":"LINK assumed Partners’ obligations with respect to (i) $17.8 million aggregate principal amount of 6.000% fixed-to-floating rate subordinated notes due July 1, 2030","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/0000943374-23-000462-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$17.8 million aggregate principal amount"},{"label":"Rate","value":"6.000% fixed-to-floating rate"},{"label":"Maturity","value":"due July 1, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"02cc24f974","claim":"Jeffrey F. Turner was appointed as Vice Chairman at LINKBANCORP, Inc..","evidence_excerpt":"Pursuant to the Merger Agreement and the Bylaws Amendment (as defined under Item 5.03 below), effective as of the Effective Time, Mr. Turner, the Chairman of the Board of Partners prior to the Effective Time, was appointed Vice Chairman of LINK.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/0000943374-23-000462-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Vice Chairman"}],"fact_type":"executive_change"},{"claim_id":"6849934c0c","claim":"Brent Smith resigned as Director at LINKBANCORP, Inc..","evidence_excerpt":"Brent Smith (the “Resigning Director”) resigned as a member of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/0000943374-23-000462-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"8965e5760e","claim":"John W. Breda was appointed as Chief Executive Officer, Delmarva Market at LINKBANCORP, Inc..","evidence_excerpt":"In connection with the Transaction, Mr. Breda, was appointed as a Director of LINK and Chief Executive Officer, Delmarva Market .","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/0000943374-23-000462-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer, Delmarva Market"}],"fact_type":"executive_change"},{"claim_id":"cf903959e2","claim":"Mona D. Albertine was appointed as Director at LINKBANCORP, Inc..","evidence_excerpt":"The ten Partners Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignation referred to above and the increase in the size of the Board to twenty-two (22) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Mona D. Albertine","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/0000943374-23-000462-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"2c60649ab95fc09f5e6045f0662cad407c2cfac2","claim":"LINKBANCORP, Inc.: Amended and restated bylaws to provide for certain arrangements related to the Board and LINK Bank board following the merger.","evidence_excerpt":"the bylaws of LINK were amended and restated to provide for certain arrangements related to the Board and the board of directors of LINK Bank (such amendment, the \"Bylaws Amendment,\"","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/0000943374-23-000462-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"}],"fact_type":"governance_change"},{"claim_id":"c7199c0093d6a8165787b0f0706350b1c3f59bea","claim":"LINKBANCORP, Inc. completed an acquisition involving Partners Bancorp (closed 2023-11-30).","evidence_excerpt":"Effective on November 30, 2023, LINKBANCORP, Inc., a Pennsylvania corporation (“LINK”), completed its previously announced combination with Partners Bancorp, a Maryland corporation (“Partners”), pursuant to the Agreement and Plan of Merger, dated February 22, 2023, by and between LINK and Partners (the “Merger Agreement”).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1756701/000094337423000462/0000943374-23-000462-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Partners Bancorp"},{"label":"Closing","value":"2023-11-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}