PB Bankshares : Quarterly Earnings Documents

Q3 2023 Performance

P R E S E N C E B A N K . C O M

1

Disclaimers

This presentation does not constitute or form part of any offer or invitation to purchase any securities of PB BANKSHARES, INC in whole or in part. This presentation has been prepared by Presence Bank solely for informational purposes to assist interested parties in making their own evaluation of Presence Bank. It does not purport to contain all the information that may be relevant. In all cases, interested parties should conduct their own investigation and analysis of PB BANKSHARES, INC and the data set forth in this presentation and other information provided by or on behalf of Presence Bank is not providing you with any legal, business, tax or other advice regarding an investment in the securities. You should consult with your own advisors as needed to assist you in making your investment decision. Any securities of PB BANKSHARES, INC are not a deposit or bank account, and are not, and will not be, insured or guaranteed by the FDIC or any other federal or state government agency.

This presentation may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about Presence Bank's industry, management's beliefs and certain assumptions made by management, many of which are by their nature inherently uncertain and beyond Presence Bank's control. Accordingly, you are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Although Presence Bank believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements.

P R E S E N C E B A N K . C O M

2

Disclaimers (continued)

You should not place undue reliance on any forward-looking statement and should carefully consider the risks and other factors that Presence Bank faces, including, but not limited to (i) changes in general business, industry or economic conditions or competition; (ii) changes in any applicable law, rule, regulation, policy, guideline or practice governing or affecting bank holding companies and their subsidiaries or with respect to tax or accounting principles or otherwise; (iii) adverse changes or conditions in capital and financial markets; (iv) the adverse impact on the U.S. economy, including the markets in which we operate, of COVID-19; (v) changes in interest rates and inflation; (vi) the inability to realize expected cost savings or achieve other anticipated benefits in connection with business combinations and other acquisitions; (vii) changes in the quality or composition of our loan and investment portfolios; (viii) adequacy of loan loss reserves; (ix) increased competition; (x) loss of certain key officers; (xi) continued relationships with major customers; (xii) deposit attrition; (xiii) rapidly changing technology; (xiv) unanticipated regulatory or judicial proceedings and liabilities and other costs; (xv) changes in the cost of funds, demand for loan products or demand for financial services; (xvi)severe weather, acts of terrorism, an outbreak of hostilities or other geopolitical events, or the anticipation of such events; (xvii) other economic, competitive, governmental or technological factors affecting our operations, markets, products, services and prices; and (xvii) our success at managing the foregoing items. Except as otherwise indicated, this presentation speaks only as of the date hereof. The delivery of this presentation shall not, under any circumstances, create any implication that there has been no change in the affairs of Presence Bank after the date hereof. This presentation does not purport to contain all the information that may be required to evaluate the securities, and you should conduct and rely upon your own independent analysis of PB BANKSHARES, INC and the data contained or referred to herein.

P R E S E N C E B A N K . C O M

3

Bank History

P R E S E N C E B A N K . C O M

4

Executive Team

P R E S E N C E B A N K . C O M

5

Who We Are

P R E S E N C E B A N K . C O M

6

Relationship-Based

White Glove Delivery Team

Harrisburg LPO		Elizabethtown LPO		Coatesville

Vishnu Patel

AVP, Relationship Manager

5 Years In‐Market Experience

P R E S E N C E B A N K . C O M

7

Core Operating Markets

• 10-County Market throughout Southcentral Pennsylvania

• In 2021 opened two Loan Production Offices in Harrisburg and Elizabethtown.

• We lend to local people and businesses we know and trust us.

• Deposit customers are from the communities we live, play and work in.

Chester Region

Lancaster Region

Capital Region

P R E S E N C E B A N K . C O M

8

Business Model & Execution

Our CUSTOMERS

Our DELIVERY

P R E S E N C E B A N K . C O M

9

New Management Team - Accomplishments

(dollars in thousands).

P R E S E N C E B A N K . C O M

10