The bank's capital adequacy remains under pressure with an equity-to-assets ratio of 0.10, while the investment securities portfolio has ballooned to $2.8 billion, representing the majority of total assets.
| Cash & Short Term Investments | 278.1M | 166.75M | 195.68M | 114.45M | 139.2M | 175.66M |
| Cash & Due from Banks | 15.48M | 166.1M | 80.19M | 35.63M | 35.42M | 50.21M |
| Short Term Investments | 262.62M | 655K | 115.49M | 78.81M | 103.78M | 125.45M |
| Total Investments | 2.82B | 2.5B | 2.37B | 1.03B | 819.31M | 360.26M |
| Investments Growth % | 12.75% | 5.43% | 129.41% | 26.18% | 127.42% | - |
| Long-Term Investments | 2.56B | 2.5B | 2.26B | 955.03M | 715.52M | 234.81M |
| Accounts Receivables | 0 | 0 | 0 | 12.08M | 5.41M | 1.56M |
| Goodwill & Intangibles | 74.17M | 79.76M | 82.7M | 36.89M | 37.15M | 2.51M |
| Goodwill | 74.17M | 58.81M | 56.97M | 35.84M | 35.84M | 2.33M |
| Intangible Assets | 0 | 20.95M | 25.73M | 1.05M | 1.31M | 177K |
| PP&E (Net) | 31.18M | 32.94M | 35.63M | 16.96M | 9.97M | 3.8M |
| Other Assets | 113.86M | 80.55M | 74.92M | 22.62M | 21.47M | 11.21M |
| Total Current Assets | 278.1M | 166.75M | 195.68M | 126.53M | 144.61M | 177.22M |
| Total Non-Current Assets | 2.79B | 2.71B | 2.47B | 1.04B | 788.15M | 252.33M |
| Total Assets | 3.07B | 2.88B | 2.67B | 1.16B | 932.76M | 429.54M |
| Asset Growth % | 6.64% | 7.85% | 129.39% | 24.75% | 117.15% | - |
| Return on Assets (ROA) | 1.13% | 0.94% | -0.62% | 0.53% | 0.04% | 0.98% |
| Accounts Payable | 0 | 0 | 0 | 6.69M | 6.29M | 2.23M |
| Total Debt | 130.56M | 128.22M | 88.39M | 81.86M | 25.38M | 1.49M |
| Net Debt | 115.08M | -37.88M | 8.21M | 46.23M | -10.04M | -48.72M |
| Long-Term Debt | 115M | 102.55M | 62.03M | 40.48M | 20.7M | 1.12M |
| Short-Term Debt | 0 | 10M | 10M | 20.94M | 0 | 0 |
| Other Liabilities | 78.24M | 109.76M | 116.33M | -10.22M | 19.81M | 0 |
| Total Current Liabilities | 2.55B | 2.37B | 2.21B | 984.62M | 782.63M | 377.73M |
| Total Non-Current Liabilities | 208.81M | 227.97M | 194.73M | 40.48M | 40.51M | 1.14M |
| Total Liabilities | 2.76B | 2.6B | 2.4B | 1.03B | 823.14M | 378.87M |
| Total Equity | 306.43M | 280.22M | 265.8M | 138.55M | 109.62M | 50.67M |
| Equity Growth % | 9.35% | 5.43% | 91.84% | 26.39% | 116.33% | - |
| Equity / Assets (Capital Ratio) | 9.98% | 9.73% | 9.96% | 11.91% | 11.75% | 11.8% |
| Return on Equity (ROE) | 11.42% | 9.6% | -5.92% | 4.51% | 0.36% | 8.27% |
| Book Value per Share | 8.19 | 7.55 | 14.97 | 12.25 | 15.12 | 8.90 |
| Tangible BV per Share | 6.21 | 5.40 | 10.31 | 8.99 | 10.00 | 8.46 |
| Common Stock | 370K | 370K | 369K | 149K | 99K | 57K |
| Additional Paid-in Capital | 0 | 264.45M | 263.31M | 117.71M | 82.91M | 21.6M |
| Retained Earnings | 42.3M | 19.95M | 4.84M | 27.1M | 24.84M | 26.01M |
| Accumulated OCI | -2.33M | -4.54M | -3.21M | -6.41M | 1.78M | 3.19M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -188K |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 |
CRE Concentration and Liquidity
According to reported financial statements, LNKB's total assets grew from $1.3 billion in 2023Q3 to $3.1 billion by 2025Q4, a rapid expansion primarily driven by inorganic growth strategies that have significantly altered the bank's scale and operational footprint within the competitive Mid-Atlantic regional banking market.
The rapid doubling of the balance sheet suggests a management focus on achieving scale to offset rising regulatory and technological costs. However, investors should monitor whether this growth is creating sustainable organic earning power or merely masking the integration challenges inherent in such a swift transition.
Based on the 2025Q4 financial data, the provision for loan losses spiked to $6.6 million, a sharp departure from the minimal provisioning observed in previous periods, which may indicate emerging credit quality deterioration within the bank's concentrated commercial and industrial loan portfolios in the Pennsylvania region.
This sudden increase in provisioning warrants further investigation into the underlying health of the CRE portfolio. It appears that the bank is proactively addressing potential defaults, which may imply that the credit cycle is turning against the bank's specific regional commercial lending focus.
As reported in recent filings, the equity-to-assets ratio has remained stagnant at approximately 0.10 since 2023Q4, suggesting that the bank's capital base is struggling to keep pace with the rapid expansion of its asset base following the recent merger with Partners Bancorp.
Maintaining a stable capital ratio during a period of aggressive M&A is challenging and may limit the bank's future flexibility for further acquisitions. Investors should monitor whether the current capital buffer is sufficient to absorb potential credit losses without requiring further dilutive equity issuance.
Based on the provided balance sheet data, the investment securities portfolio has ballooned to $2.8 billion by 2025Q4, representing the vast majority of total assets, which indicates a significant reliance on securities rather than a traditional loan-heavy balance sheet for generating interest income.
This heavy concentration in securities may expose the bank to duration risk and unrealized losses if interest rates remain elevated. The fluctuation in cash and bank balances suggests that liquidity management is becoming increasingly complex as the bank navigates its post-merger integration phase.
Quick answers to the most common questions about buying LNKB stock.
As of 2025, LINKBANCORP, Inc. (LNKB) had total assets of $3.07B including $278.1M in current assets.
LINKBANCORP, Inc. (LNKB) carries total debt of $130.6M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
LINKBANCORP, Inc. (LNKB) has total shareholders' equity (book value) of $306.4M ($8.19 book value per share). Book value represents the net worth of the company belonging to common stock holders.
LINKBANCORP, Inc. (LNKB) reported a current ratio of 0.11x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.