CKB Annual Report 2021

check your personal credit and watch for identity theft with My Credit Score monitoring. Cross Keys Bank is proud to announce that Zelle will soon be available for free through our CKB Online and Mobile Apps. Other exciting enhancements to be added soon are online account opening, the ability to access the CKB App on your Apple Watch, and additional options for mobile wallets. We also provide the very best debit card security, as we offer the SecurLOCK Equip mobile app. This app will allow you to manage and monitor the use of your Cross Keys Bank debit card with your smartphone. We continue to offer all types of insurance through Cross Keys Insurance Agency. Lastly, we always provide the personal service that will make business transition to Cross Keys Bank from other institutions smooth and easy. There is really no reason why you shouldn’t do all of your banking with Cross Keys Bank! Once again, our management team, Board of Directors, and staff remain committed to safeguarding your interest by maintaining a safe, high-performance community bank. On behalf of our employees and the Board of Directors, we wish you, your family, and our friends’ happiness, health, and prosperity as we pray for peace and soon put the worst of the Covid-19 pandemic behind us.

Message to our Shareholders and Customers

Dear Friends,

For the year ended December 31, 2021, BSJ Bancshares, Inc. had record total earnings of $8,491,122 with taxable income expected to equal $6,215,000 approximately. Total assets as of that date were $477,747,856, representing a growth of just under seven percent in the last year. We acknowledge, however, that our tremendous success in helping over 700 borrowers obtain Round 2 Paycheck Protection Program loans to mitigate financial damage to their businesses from the continuing COVID-19 pandemic made this much income and deposit growth attainable. That is almost 300 more borrowers than we helped in 2020’s Round 1 Paycheck Protection Program! We are also happy to report that our 2021 Provision for Loan Losses expense was only $75,000, and we continued to reduce the volume of non-performing loans in our portfolio. value with state-of-the-art technology that gives you quick and easy access to your accounts, and we have a top-notch lending team that actively seeks loans to financially sound borrowers. Our Mortgage Department can provide residential property financing just about anywhere, and the current environment of low rates should make this product line especially attractive to all residential borrowers. Through our CKB Mobile Banking App, we provide you with a virtual branch that gives you access to your accounts and the ability to deposit checks. You can also As always, we ask that you encourage your friends and associates to use our services. We provide additional

Sincerely,

Benjamin M. Watson , President, BSJ Bancshares, Inc.

pg. 14 Cross Keys Bank 2022