Page 3 - CBI booklet rev 4-17-23

Central Bancshares, Inc. is a premier community bank holding company based in Muscatine,
Iowa. We are the parent company of a dynamic bank with roots that go back to the 1800s in
many of our communities.

Bank clients can transact business at any of our ten locations in Iowa: Muscatine (3),
Davenport (2), Coralville, Kalona, Washington, Walcott, and Wilton; and seven locations in
Illinois: Buffalo Prairie, Galesburg (3), Brimfield, Peoria, and Monmouth.
The 235 employees in our organization serve 40,000 consumer and business clients through
a combination of 17 offices and a full range of alternative delivery channels, including ATMs,
mobile and online banking, and remote deposit.

This spring, we expanded our technology capabilities and introduced online account opening Gregory J. Kistler
for many loan and deposit clients, both existing and new.

With over $1.1 billion in total assets, we are one of the area's largest banking organizations––big enough to
accommodate the needs of borrowers of just about any size. It's worth noting that the $1.1 billion figure doesn't
include assets under management by the Wealth Management (Trust and Investment) area of our bank, where we
are recognized as a leader in terms of strength, size, and expertise. Add this to the equation, and we're over $2.5
billion in assets.
Many of you have seen recent media coverage about the banking industry. I want to emphasize there is no “banking
crisis.” In March of this year, a $200 billion bank in California failed, and a few days later, a $100 billion bank in New
York failed. Both situations were isolated cases, as these banks ran nontraditional business models focused on risky
market segments.

CBI Bank & Trust operates a traditional community bank business model and has no exposure to cryptocurrency or
any other high-risk market segment. We are highly capitalized and have strong liquidity. Our roots are deep, and we
continue to do what we've always done: build strong relationships with our communities' individuals, businesses,
and farmers.

A core concept of independent community banking is meaningful local input, empowered local employees, and
dedicated local resources. Our entire Central Bancshares organization is managed locally by the staff our clients
know and trust. Our organization lends to businesses and individuals in rural and urban settings, which helps our
customers and the communities we serve grow and prosper. Last but not least, we firmly believe in good corporate
citizenship.
Don't hesitate to contact us if you have any questions or want additional information on our organization.

Welcome to Central Bancshares and CBI Bank & Trust!

Gregory J. Kistler
President and CEO
CBI Bank & Trust and
Central Bancshares, Inc.

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Central Bancshares, Inc.