LinkLINKBANCORP, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023
January 30, 2024 at 03:00 am IST
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LINKBANCORP, Inc. reported net charge-offs for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported net charge-offs of $195,000.
LINKBANCORP, Inc. is a bank holding company, which operates LINKBANK (the Bank). LINKBANK is a Pennsylvania-chartered, non-Federal Reserve member bank. The Bank is a full-service commercial bank providing personal and business lending and deposit services to individuals, families, nonprofits, and business clients throughout Central and Southeastern Pennsylvania, primarily through its digital presence on the Internet and ten client solutions centers in Chester, Cumberland, Dauphin, Lancaster, Northumberland, and Schuylkill counties, and loan production offices in Chester and York Counties. It provides traditional lending, deposit gathering and cash services to retail customers, small businesses, and non-profit organizations. Its lending activity consists of commercial real estate loans, commercial business loans and to a lesser extent, commercial real estate construction and land development loans, residential real estate loans, home equity loans, consumer loans and agriculture loans.