LINKBANCORP completes sale of three NJ branches to American Heritage FCU; gains ~$8.5M after tax

LINKBANCORP, Inc.

Sold three NJ branches with $105M loans at par and $87M deposits at a 7% premium.
Estimated after-tax gain of ~$8.5M after transaction costs.
Branches were acquired from Partners Bancorp in Nov 2023; sale allows reallocation to core Mid-Atlantic markets.

item 8.01 item 9.01

LINKBANCORP, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-048502

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