First Resource Bancorp : 3/22/23 – Conference Presentation (Slides) (Video)

Virtual Investor Conference

March 22, 2023

CAUTIONARY NOTE REGARDING

FORWARD LOOKING STATEMENTS

This presentation contains forward-looking information about First Resource that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "could," "plan," "goal," "potential," "pro forma," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, financial projections, guidance and estimates, statements regarding plans, objectives, expectations or consequences of announced transactions, and statements about the future performance, operations, products and services. The First Resource cautions readers not to place undue reliance on these statements.

The business and operations of First Resource are subject to a variety of risks, uncertainties and other factors. Consequently, actual results and experience may materially differ from those contained in any forward-looking statements. Such risks, uncertainties and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: the impact of conditions in the capital markets or the economy generally, the effects of changes in law or regulation, including regulatory requirements or other actions mandated by the banking regulators, the credit quality of loans, the effect of changes in interest rates, potential declines in the value of the Bank's assets and the effects of any resulting impairment charges, competition from other financial institutions, the adequacy of the Bank's information technology systems, severe weather and natural disasters, and the nature and frequency of litigation and other similar proceedings to which First Resource or the Bank may become a party. First Resource makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances occurring or existing after the date any forward-looking statement is made.

First Resource Bancorp, Inc.

Holding company of First Resource Bank Established in 2022

First Resource Bank

• Community bank based in Southeastern Pennsylvania
• Established in 2005
• Executive management team founded the Bank

Executive Management Team

Name	Title	Years in	Years
Banking	with FRB
Glenn B. Marshall	Chief Executive Officer	43 years	18 years
Lauren C. Ranalli	President & Chief Financial Officer	21 years	18 years
Natalie M. Carrozza	EVP & Chief Risk Officer	41 years	18 years
Lisa A. Donnon	EVP & Chief Lending Officer	33 years	17 years
Brian S. Jackson	EVP & Chief Information Security Officer	13 years	13 years
Kenneth R. Kramer	EVP & Chief Credit Officer	45 years	5 years
Bridget M. Moran	EVP & Chief Operating Officer & Chief	10 years	5 years
Deposit Officer

Southeastern PA Market

• Combined area creates a $17 billion deposit market triangle