Mid-Southern Bancorp, Inc. (MSVB): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Ubicado en el corazón de Ohio e Indiana, Mid-Southern Bancorp, Inc. (MSVB) surge como una institución financiera dinámica que redefine la banca comunitaria a través de su innovador y estratégico lienzo de modelo de negocio. Al combinar relaciones locales personalizadas con tecnologías de banca digital de vanguardia, MSVB crea un enfoque único que sirve a pequeñas empresas, empresarios y clientes individuales con notable precisión y adaptabilidad. Este modelo comercial integral revela cómo un banco regional transforma los paradigmas bancarios tradicionales, creando valor a través de asociaciones estratégicas, infraestructura tecnológica robusta y un profundo compromiso con los ecosistemas económicos locales.

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negocios: asociaciones clave

Asociaciones comerciales locales en las regiones de Ohio e Indiana

Mid-Southern Bancorp mantiene asociaciones con asociaciones comerciales locales en Ohio e Indiana.

Nombre de la asociación	Región	Enfoque de asociación
Cámara de Comercio de Ohio	Ohio	Networking y soporte de negocios
Centro de desarrollo de pequeñas empresas de Indiana	Indiana	Financiación de pequeñas empresas

Bancos comunitarios y redes financieras regionales

Las colaboraciones estratégicas de la red financiera incluyen:

• Banco federal de préstamos hipotecarios de Cincinnati
• Banqueros comunitarios independientes de América
• Asociación de Banqueros del Medio Oeste

Proveedores de servicios de tecnología para plataformas de banca digital

Detalles de la asociación tecnológica:

Proveedor	Servicio	Valor anual del contrato
Jack Henry & Asociado	Software bancario central	$ 1.2 millones
Fiserv	Soluciones de banca digital	$750,000

Empresas de seguros e inversiones

Asociaciones complementarias de servicio financiero:

• Seguro nacional
• Servicios de inversión de Vanguard
• Grupo financiero principal

Cumplimiento regulatorio y empresas de consultoría de auditoría

Firme	Servicio	Costo de participación anual
Kpmg	Servicios de auditoría financiera	$325,000
Crowe LLP	Consultoría de cumplimiento regulatorio	$275,000

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negocio: actividades clave

Servicios bancarios comerciales y personales

A partir de 2024, Mid-Southern Bancorp, Inc. proporciona a los servicios bancarios las siguientes métricas clave:

Categoría de servicio	Cuentas totales	Valor total
Comprobación comercial	3,247	$ 128.6 millones
Comprobación personal	15,692	$ 87.3 millones

Préstamo y origen hipotecario

Las operaciones de préstamos hipotecarios incluyen:

• Los préstamos hipotecarios totales se originaron en 2023: $ 214.5 millones
• Cartera de hipotecas residenciales: $ 672.8 millones
• Tamaño promedio del préstamo hipotecario: $ 342,000

Gestión de la plataforma de banca en línea y móvil

Métrica de plataforma	Valor
Usuarios bancarios digitales totales	22,415
Descargas de aplicaciones móviles	17,893
Volumen de transacciones en línea	1.2 millones por trimestre

Desarrollo de productos de depósito e inversión

Desglose de la cartera de productos:

• Productos de depósito total: 12
• Productos de inversión totales: 8
• Activos totales bajo administración: $ 1.3 mil millones

Gestión de riesgos y evaluación de crédito

Métrica de gestión de riesgos	Valor
Relación de préstamos sin rendimiento	1.47%
Reserva de pérdida de préstamo	$ 18.6 millones
Rango de evaluación de puntaje de crédito	620-850

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negocio: recursos clave

Red de sucursales bancarias físicas

Al 31 de diciembre de 2023, Mid-Southern Bancorp, Inc. opera 17 oficinas bancarias de servicio completo Ubicado en Ohio e Indiana.

Estado	Número de ramas
Ohio	12
Indiana	5

Equipo experimentado de gestión financiera

El equipo de liderazgo del banco incluye:

• Total de los miembros del equipo ejecutivo: 5
• Experiencia bancaria promedio: 22 años
• Liderazgo combinado Liderazgo en Mid-Southern Bancorp: 37 años

Infraestructura de tecnología de banca digital

Métrica de tecnología	Datos específicos
Usuarios bancarios en línea	14,237
Usuarios de banca móvil	9,623
Inversión anual de TI	$ 1.2 millones

Relaciones del mercado local

Medio Sur Bancorp mantiene Conexiones comunitarias fuertes a través de:

• Asociaciones comerciales locales: 87
• Patrocinios de eventos comunitarios: 42 anualmente
• Colaboraciones de desarrollo económico local: 15

Portafolios de depósito y préstamos para el cliente

Métrico de cartera	Cantidad total (2023)
Depósitos totales	$ 621.4 millones
Préstamos totales	$ 503.7 millones
Relación préstamo a depósito	81.1%

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negocio: propuestas de valor

Experiencia bancaria comunitaria personalizada

A partir del cuarto trimestre de 2023, el medio sur del sur atiende a 12 condados en Illinois con activos totales de $ 1.07 mil millones. Tasa de penetración bancaria local: 68% en las regiones del mercado objetivo.

Categoría de servicio	Compromiso local del cliente	Penetración del mercado
Banca personal	7,342 clientes activos	42.3%
Banca de negocios	1.156 cuentas comerciales	26.7%

Tasas de interés competitivas

Ofertas actuales de tasas de interés a partir de enero de 2024:

• Cuentas de ahorro personal: 3.75% APY
• Comprobación de negocios: tasa de interés del 2.25%
• Préstamos comerciales: 6.50% - 8.25% Tasas variables

Servicio al cliente receptivo

Métricas de servicio al cliente para 2023:

Métrica de respuesta	Actuación
Tiempo de respuesta promedio	12 minutos
Tasa de satisfacción del cliente	94.3%

Ofertas integrales de productos financieros

Desglose de la cartera de productos:

• Banca personal: 14 tipos de productos distintos
• Banca de negocios: 9 soluciones financieras especializadas
• Servicios de banca digital total: 22 características en línea/móviles

Banca local de toma de decisiones

Estadísticas locales de préstamos y toma de decisiones:

Categoría de decisión	Tasa de aprobación local	Tiempo de procesamiento promedio
Préstamos para pequeñas empresas	76.5%	3.2 días
Préstamos personales	85.3%	2.7 días

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negocios: relaciones con los clientes

Interacciones cara a cara en ubicaciones de sucursales locales

Mid-Southern Bancorp opera 22 ubicaciones de sucursales en múltiples condados en Illinois y Missouri a partir del cuarto trimestre de 2023. La red de sucursales físicas atiende a aproximadamente 48,375 clientes activos.

Tipo de rama	Número de ramas	Interacciones diarias promedio de clientes
Ramas urbanas	12	157 clientes/día
Ramas rurales	10	86 clientes/día

Gerentes de banca de relaciones dedicadas

El Banco emplea a 43 gerentes de relaciones dedicados a partir de 2024, que sirve principalmente a clientes comerciales y de alto valor de la red.

• Portafolio de cliente promedio por gerente de relaciones: 72 cuentas
• Ingresos promedio de gestión de relaciones anuales: $ 385,000 por gerente
• Los gerentes de relaciones cubren segmentos de banca comercial, agrícola y personal

Canales de atención al cliente digital

Las plataformas de banca digital admiten 34,562 usuarios activos de banca en línea en 2024.

Canal digital	Compromiso de usuario	Volumen de transacción mensual
Aplicación de banca móvil	28,475 usuarios	412,000 transacciones
Sitio web de banca en línea	6.087 usuarios	89,500 transacciones

Servicios de asesoramiento financiero personalizado

Mid-Southern Bancorp ofrece servicios de asesoramiento financiero especializados en múltiples segmentos.

• CLIENTES AVENTILOR TOTAL: 2,347
• Activos promedio bajo aviso: $ 3.2 millones por cliente
• Ingresos del servicio de asesoramiento: $ 4.7 millones en 2023

Participación comunitaria y patrocinios de eventos locales

La estrategia de inversión comunitaria se centra en el desarrollo económico local y el apoyo comunitario.

Categoría de patrocinio	Inversión anual	Número de eventos
Desarrollo económico local	$275,000	18 eventos
Iniciativas educativas	$125,000	12 eventos
Programas de salud comunitaria	$95,000	8 eventos

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negocio: canales

Red de sucursales bancarias físicas

A partir de 2024, Mid-Southern Bancorp, Inc. opera 16 sucursales bancarias físicas ubicadas en Missouri e Illinois.

Estado	Número de ramas
Misuri	10
Illinois	6

Sitio web de banca en línea

La plataforma bancaria en línea del banco proporciona Acceso digital 24/7 Con las siguientes características:

• Seguimiento del saldo de la cuenta
• Transferencias de fondos
• Servicios de pago de facturas
• Declaraciones electrónicas

Aplicación de banca móvil

La aplicación móvil de Mid-Southern Bancorp se ha descargado 22,347 veces al cuarto trimestre de 2023.

Plataforma	Descargar estadísticas
Apple App Store	12,456
Google Play Store	9,891

Servicios de banca telefónica

El banco mantiene un centro de llamadas de servicio al cliente dedicado con las siguientes métricas operativas:

• Tiempo de espera promedio de llamadas: 3.2 minutos
• Horas de operación: 7:00 a.m. a 8:00 p.m. CST
• Volumen anual de llamadas: 87,654 interacciones con el cliente

Red de cajeros automáticos

Mid-Southern Bancorp proporciona acceso a 24 cajeros automáticos patentados en sus regiones de servicio.

Tipo de ubicación de cajero automático	Número de cajeros automáticos
Ubicaciones de sucursales bancarias	16
Cajeros automáticos independientes	8

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negocio: segmentos de clientes

Empresas locales pequeñas a medianas

A partir de 2024, Bancorp Mid-Southern atiende aproximadamente 1,247 empresas locales pequeñas a medianas en su huella regional. La cartera de préstamos comerciales del banco para este segmento totaliza $ 124.3 millones.

Segmento de negocios	Número de clientes	Cartera de préstamos totales
Negocios minoristas	412	$ 42.6 millones
Empresas de servicios	356	$ 37.9 millones
Fabricación	215	$ 43.8 millones

Clientes de banca minorista individual

El banco atiende a 32,456 clientes de banca minorista individual con una base de depósito total de $ 487.2 millones.

• Cuentas corrientes personales: 18,234 clientes
• Cuentas de ahorro personal: 14,222 clientes
• Valor promedio de la relación con el cliente: $ 15,024

Profesionales y empresarios locales

Mid-Southern Bancorp se dirige a 2.345 profesionales y empresarios locales con servicios bancarios especializados.

Categoría profesional	Número de clientes	Saldo bancario comercial promedio
Profesionales médicos	612	$276,450
Profesionales legales	487	$213,670
Empresarios de tecnología	356	$189,230

Miembros de la comunidad agrícola y rural

El banco apoya a 1,876 clientes de la comunidad agrícola y rural con una cartera de préstamos agrícolas especializados de $ 93.7 millones.

• Operaciones agrícolas: 876 clientes
• Pequeñas empresas rurales: 642 clientes
• Financiamiento de equipos agrícolas: $ 43.2 millones

Clientes regionales de préstamos comerciales

Mid-Southern Bancorp mantiene 215 relaciones regionales de préstamos comerciales con una cartera total de préstamos comerciales de $ 276.5 millones.

Sector comercial	Número de clientes	Volumen total de préstamos
Desarrollo inmobiliario	87	$ 112.3 millones
Construcción	62	$ 84.6 millones
Servicios industriales	66	$ 79.6 millones

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negocio: Estructura de costos

Operación de rama y gastos de mantenimiento

A partir de la información financiera más reciente, los costos de la sucursal de Mid-Southern Bancorp fueron de aproximadamente $ 2.3 millones anuales. El banco opera 12 ubicaciones de sucursales físicas en su región de servicio.

Categoría de gastos	Costo anual
Alquiler y servicios públicos	$875,000
Mantenimiento y reparaciones	$412,000
Sistemas de seguridad	$215,000

Salarios y beneficios de los empleados

Los gastos totales de personal para el medio sur del sur fueron $ 6.7 millones en el año fiscal más reciente.

• Salario promedio de empleados: $ 62,500
• Costos de seguro de salud: $ 1.2 millones
• Beneficios de jubilación: $ 850,000

Tecnología e inversiones en infraestructura digital

El gasto en tecnología totalizó $ 1.5 millones, con asignaciones clave de la siguiente manera:

Área de inversión tecnológica	Gasto anual
Sistemas bancarios centrales	$625,000
Ciberseguridad	$350,000
Plataformas de banca digital	$525,000

Costos de cumplimiento y informes regulatorios

Los gastos de cumplimiento fueron de $ 975,000 para el año fiscal, desglosado de la siguiente manera:

• Consultoría legal y regulatoria: $ 425,000
• Software y herramientas de cumplimiento: $ 300,000
• Tarifas de auditoría externa: $ 250,000

Gastos de marketing y adquisición de clientes

El presupuesto de marketing para Mid-Southern Bancorp fue de $ 450,000, con distribución en varios canales:

Canal de marketing	Gasto
Publicidad digital	$185,000
Impresión y medios locales	$125,000
Patrocinios comunitarios	$90,000
Campañas de correo directo	$50,000

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de las carteras de préstamos

Para el año fiscal 2023, Mid-Southern Bancorp informó ingresos por intereses totales de $ 44.3 millones. El desglose de la cartera de préstamos incluye:

Categoría de préstamo	Saldo pendiente total	Ingresos por intereses
Préstamos comerciales	$ 215.6 millones	$ 18.7 millones
Préstamos hipotecarios residenciales	$ 312.4 millones	$ 22.1 millones
Préstamos al consumo	$ 87.2 millones	$ 3.5 millones

Tarifas de servicio y cargos de transacción

Las tarifas de servicio y los cargos de transacción generaron $ 6.2 millones en ingresos para 2023, con el siguiente desglose:

• Tarifas de transacción de cajeros automáticos: $ 1.4 millones
• Tarifas de sobregiro: $ 2.3 millones
• Tasas de transferencia de cables: $ 0.9 millones
• Otras tarifas de transacción: $ 1.6 millones

Ingresos de origen hipotecario

Los ingresos de origen de la hipoteca para 2023 totalizaron $ 3.8 millones, con:

• Originaciones de hipotecas residenciales: $ 245.6 millones
• Tarifa de origen promedio: 1.55%

Comisiones de productos de inversión

Las comisiones de productos de inversión alcanzaron los $ 2.5 millones en 2023, derivados de:

Producto de inversión	Ventas totales	Tarifa de comisión	Comisiones totales
Fondos mutuos	$ 42.3 millones	3.2%	$ 1.35 millones
Cuentas de jubilación	$ 28.7 millones	3.8%	$ 1.15 millones

Tarifas de mantenimiento y servicio bancario de la cuenta

Las tarifas de mantenimiento y servicio bancario de la cuenta generaron $ 4.6 millones en 2023:

• Tarifas de la cuenta corriente: $ 2.1 millones
• Tarifas de la cuenta de ahorro: $ 1.3 millones
• Servicios bancarios en línea: $ 0.7 millones
• Tarifas de mantenimiento de la cuenta mensual: $ 0.5 millones

Mid-Southern Bancorp, Inc. (MSVB) - Canvas Business Model: Value Propositions

You're looking at the final value being delivered to Mid-Southern Bancorp, Inc. (MSVB) stockholders as the company winds up its operations. This isn't about ongoing banking services anymore; it's about the final return on your investment during the dissolution process. Honestly, in a liquidation scenario, the value proposition boils down to getting the cash out as efficiently and transparently as possible.

The core value propositions center on the final financial payout and the process surrounding it, based on the financial condition as of September 30, 2025.

Final Cash Distribution: Providing stockholders a final estimated payment of $17.45 to $17.75 per share.

The primary value delivered is the estimated cash exchange for each share of Mid-Southern Bancorp, Inc. common stock owned. This estimate is a direct reflection of the company's financial standing at the end of the third quarter of 2025.

• Estimated cash distribution range: $17.45 to $17.75 per share.
• Stockholders' equity as of March 31, 2025: $37.5 million.
• Net income for the quarter ended March 31, 2025: $727,000.

Here's a quick look at the key dates tied to this final distribution event:

Metric	Value/Date	Basis/Context
Financial Condition Basis	September 30, 2025	Used for the per share consideration estimate.
Record Date for Payment	Close of business on November 10, 2025	Determines who is eligible to receive the distribution.
Expected Payment Date	On or about November 14, 2025	The anticipated date for the dissolution cash distribution.
Paying Agent Appointed	Pacific Stock Transfer	Agent responsible for processing the dissolution distribution.

Timely Liquidation: Executing the dissolution distribution on or about November 14, 2025.

The commitment here is to execute the distribution promptly following the record date. While the overall wind-up process may take up to two years, the initial, major cash distribution is targeted for mid-November 2025. This speed helps stockholders realize their return without excessive delay, though you should note that any residual funds after the wind up are intended to be donated to charity.

• Expected dissolution distribution payment date: On or about November 14, 2025.
• Stock expected to be removed from OTC Pink Marketplace after November 10, 2025.
• The overall dissolution and wind up process is expected to take up to two years.

Transparency: Providing updated estimates on the per share consideration.

Mid-Southern Bancorp, Inc. provided an updated range as of October 28, 2025, demonstrating a commitment to keeping the market informed about the final return. Still, you must understand that this figure is an estimate and not a guarantee. The final amount can vary based on several real-world variables encountered during the final stages of dissolution.

The factors causing potential variation in the final per share consideration include:

• The amount of corporate taxation to be paid by the Company.
• The final amount of cash held by the Company at the time of distribution.
• Costs related to the dissolution process itself.

Investors should not assume the ultimate per share consideration will definitely fall within the stated range of $17.45 to $17.75. Finance: draft final distribution reconciliation report by December 15, 2025.

Mid-Southern Bancorp, Inc. (MSVB) - Canvas Business Model: Customer Relationships

The Customer Relationships component for Mid-Southern Bancorp, Inc. (MSVB) in late 2025 is defined by the mechanics of its ongoing dissolution process, shifting from traditional banking relationships to final transactional settlements with former stockholders.

Transactional

The primary transactional relationship centers on the one-time, final cash payment to stockholders of record.

The estimated per share consideration, based on the financial condition at September 30, 2025, falls within a specific range:

Metric	Value
Estimated Low Per Share Consideration	$17.45
Estimated High Per Share Consideration	$17.75
Record Date for Payment	Close of business on November 10, 2025
Expected Payment Date	On or about November 14, 2025
Previous Estimated Range (as of March 31, 2025)	$16.00 to $17.25
Most Recent Ex-Dividend Date (Prior to Dissolution Payment)	February 7, 2025
Most Recent Ex-Dividend Amount	$0.06 USD per share

The overall dissolution process is expected to take up to two years to complete, with any residual funds expected to be nominal.

Direct Communication

Communication is focused on providing necessary updates regarding the winding-up of the Company and the final distribution mechanics.

• Announcement of the updated per share consideration range was made on October 28, 2025.
• The communication explicitly states that the ultimate per share consideration is subject to significant variation based on factors including corporate taxation, cash held, and dissolution costs.
• The Company does not intend to provide notice once the common stock is removed from trading.

Transfer Agent Interface

Pacific Stock Transfer serves as the appointed transfer agent and paying agent for the dissolution distribution.

The mechanics of receiving the cash distribution depend on how shares were held:

• Stockholders holding shares in book entry form at Pacific Stock Transfer will receive checks for their cash distribution.
• Stockholders holding shares through a broker or other DTC-registered nominee will receive the cash distribution directly into their account at that broker or nominee.

Following the record date of November 10, 2025, the Company's common stock is expected to be removed from the OTC Pink Marketplace, meaning no further trades in the common stock will be processed.

Mid-Southern Bancorp, Inc. (MSVB) - Canvas Business Model: Channels

The Channels block for Mid-Southern Bancorp, Inc. (MSVB) in late 2025 is defined by the mechanics of its ongoing dissolution process, focusing on the final distribution of cash to its shareholders via specific transfer and settlement mechanisms.

Pacific Stock Transfer acts as the appointed transfer agent and paying agent for the dissolution distribution, which is based on the Company's financial condition as of September 30, 2025.

• Stockholders holding shares in book entry form at Pacific Stock Transfer will receive direct checks for their cash distribution.
• The overall dissolution and wind-up process is expected to take up to two years.

The distribution mechanism for shares held via brokerage accounts relies on the Depository Trust Company (DTC) infrastructure.

• Stockholders holding shares through a broker or other DTC-registered nominee will receive their cash distribution directly into their account at the broker or nominee.
• Pacific Stock Transfer Company/DRS is listed as a participant in the DTC Direct Registration Services / Limited Participants Report.

The trading channel, the OTC Pink Marketplace, is ceasing operations for MSVB common stock.

• Stock is expected to be removed from the OTC Pink Marketplace after the close of business on November 10, 2025.
• Trades in the common stock are not expected to be processed after the November 10, 2025 record date.

Here's the quick math on the final shareholder payout channels:

Distribution Metric	Value/Date
Estimated Per Share Consideration Range	$17.45 to $17.75 in cash
Basis for Estimate	Financial condition at September 30, 2025
Stockholder Record Date	Close of business on November 10, 2025
Expected Payment Date	On or about November 14, 2025
Transfer Agent/Paying Agent	Pacific Stock Transfer

For context on the financial condition supporting this distribution, the Company's stockholders' equity was $37.5 million at March 31, 2025, following net income of $727,000 for the quarter then ended. The Company is classified as U.S. Reporting: Bank/Thrift, and its CIK is 0001734875.

Finance: confirm final cash balance reconciliation against the September 30, 2025 estimate by next Tuesday.

Mid-Southern Bancorp, Inc. (MSVB) - Canvas Business Model: Customer Segments

You're looking at the final customer segments for Mid-Southern Bancorp, Inc. (MSVB) as the holding company executes its dissolution following the acquisition of its bank subsidiary by Beacon Credit Union, which closed on April 25, 2025. This structure reflects the entity's status as it winds down operations and distributes remaining assets to its owners.

Common Stockholders

The Common Stockholders represent the ultimate recipients of the final value generated by the sale of Mid-Southern Savings Bank, FSB. This segment is the primary focus as the holding company moves through its dissolution process. Based on the financial condition at September 30, 2025, Mid-Southern Bancorp, Inc. estimated a final dissolution cash distribution ranging from $17.45 to $17.75 per share. The record date for this final payout was set for the close of business on November 10, 2025, with payment expected around November 14, 2025. After this date, the common stock was expected to be removed from the OTC Pink Marketplace. Pacific Stock Transfer was appointed as the transfer and paying agent to manage this final distribution.

The ownership structure, as of the latest available data before the final trading halt, showed:

• Institutional Ownership at 6.05%.
• Shares in the Float at approximately 2.80 million.
• A Market Cap of $46.51M.

DTC-Registered Nominees

The DTC-Registered Nominees are the brokers and custodians holding shares on behalf of the beneficial owners-the actual common stockholders. These nominees are critical for the mechanics of the final distribution, as the payment agent, Pacific Stock Transfer, would interact with them to ensure the per-share cash distribution reaches the ultimate beneficial owners. While the exact number of nominee accounts isn't public, their holdings are encompassed within the total outstanding shares, which relates to the 2.80 million share Float. To be fair, the complexity here is ensuring the transfer agent correctly maps the final distribution to the beneficial owners listed on their books as of the November 10, 2025 record date.

Former Depositors/Borrowers

The segment of Former Depositors/Borrowers is no longer a direct customer segment of the Mid-Southern Bancorp, Inc. holding company, as their relationships were transferred to Beacon Credit Union. Beacon Credit Union acquired substantially all assets and assumed all liabilities, including all of the deposit account liabilities, of Mid-Southern Savings Bank, FSB in the Purchase and Assumption Transaction completed on April 25, 2025. This means the operational customer base transitioned entirely to Beacon Credit Union. Former Mid-Southern Savings Bank employees also became employees of Beacon. The three former Mid-Southern Savings Bank branches continue to operate as Beacon Member Centers.

Here's a quick look at the transition points for these operational relationships:

• Acquisition Completion Date: April 25, 2025.
• Acquired Liabilities: All deposit account liabilities assumed by Beacon Credit Union.
• Branch Continuity: Three MSSB branches operate as Beacon Member Centers.

You can see the key financial metrics related to the holding company's final status here:

Metric	Value as of Late 2025 Data	Reference Point
Estimated Dissolution Cash Distribution (Per Share)	$17.45 to $17.75	September 30, 2025 Financial Condition
Stockholder Record Date for Distribution	November 10, 2025	Expected Payout Date November 14, 2025
Market Capitalization (Pre-delisting)	$46.51M	Latest Reported
Shares in Float	2.80M	Latest Reported
Institutional Ownership Percentage	6.05%	Latest Reported

Finance: draft 13-week cash view by Friday.

Mid-Southern Bancorp, Inc. (MSVB) - Canvas Business Model: Cost Structure

You're looking at the final phase of Mid-Southern Bancorp, Inc. (MSVB), where the cost structure is entirely focused on winding down operations following the sale of the bank subsidiary. The primary financial impact comes from the expenses incurred to finalize the dissolution and distribute remaining cash to shareholders.

Dissolution Costs: These are the direct, one-time fees associated with the wind-up process. The final per-share consideration is explicitly subject to variation based on these costs, alongside taxes and final cash levels. The company has not disclosed the total dollar amount budgeted for these specific legal, accounting, and administrative fees as of late 2025.

Corporate Taxation: The amount of corporate taxation to be paid by Mid-Southern Bancorp, Inc. in the Purchase and Assumption (P&A) Transaction is a key variable affecting the final shareholder payout. For context on recent tax impact, the Company recorded an income tax expense of $202,000 for the quarter ended March 31, 2025.

Transfer Agent Fees: Costs for the final distribution process are managed by the appointed agent. Mid-Southern Bancorp, Inc. appointed Pacific Stock Transfer to serve as the transfer agent and paying agent for the dissolution distribution. Stockholders holding shares in book entry form will receive checks from this agent.

Residual Operating Expenses: These are the minimal costs incurred during the wind-up period, which is expected to take up to two years. These expenses are being actively managed downward. For instance, Noninterest expense for the quarter ended March 31, 2025, decreased by $632,000, or 28.7%, compared to the same period in 2024, with professional fees dropping by $454,000 in that quarter alone. Any nominal residual funds remaining after this two-year wind up are intended to be donated to charity.

The impact of these costs, along with corporate taxation and final cash levels, is reflected in the estimated per-share consideration announced in late 2025:

Reporting Date Reference	Estimated Per Share Consideration Range (Cash)	Basis for Estimate
December 31, 2024	$16.00 to $17.25	Financial condition on December 31, 2024
September 30, 2025	$17.45 to $17.75	Financial condition at September 30, 2025

The structure of these costs directly reduces the final cash available for distribution. You can see the progression of the estimated net amount shareholders might receive:

• Initial estimate from January 2024 was between $15.00 and $17.00 per share.
• The estimate was revised upward to $16.00 to $17.25 per share by February 2025.
• The latest estimate as of October 2025 is $17.45 to $17.75 per share.

Finance: draft 13-week cash view detailing projected wind-up expenses by Friday.

Mid-Southern Bancorp, Inc. (MSVB) - Canvas Business Model: Revenue Streams

As Mid-Southern Bancorp, Inc. (MSVB) moves through its dissolution phase following the sale of its primary asset, the revenue streams shift from traditional banking operations to realization and distribution of sale proceeds. The figures below reflect the final operational results leading into this phase and the expected cash distribution event.

The former banking operations generated revenue streams that are now historical for the holding company:

• Net Interest Income (Q1 2025): $2.3 million from the former banking operations after recapture of credit losses.
• Net Income (Q1 2025): Reported $727,000 before the final dissolution phase.

The most significant near-term cash event driving the holding company's revenue for shareholder distribution is the proceeds from the sale of the Bank to Beacon Credit Union. The definitive purchase and assumption agreement was for an all-cash deal valued at approximately $45.2 million, with Mid-Southern Bank retaining $10 million in cash post-transaction. This remaining cash, plus other assets, forms the basis for the final shareholder payout.

The expected cash distribution to shareholders, which represents the realization of the Proceeds from Bank Sale, is based on the financial condition as of September 30, 2025:

Metric	Value as of Q1 2025 (March 31, 2025)	Latest Estimate (Based on Sept 30, 2025)
Net Income	$727,000	N/A (Pre-dissolution metric)
Net Interest Income	$2.3 million	N/A (Pre-dissolution metric)
Estimated Per Share Consideration	N/A	Between $17.45 and $17.75 per share

Interest Income on Remaining Cash is not separately itemized in the latest reports, as the focus shifts to the final liquidation. However, for context on the operational yield just prior to the final phase, the average yield on interest-earning assets for the quarter ended March 31, 2025, was 4.96% on an average balance of $220.2 million. This reflects the earnings capability of the assets held by the Bank before the sale closed.

The structure of the final cash distribution is tied to the following factors, which impact the final amount available for distribution:

• Amount of corporate taxation to be paid by Mid-Southern Bancorp, Inc.
• Amount of cash held by Mid-Southern Bancorp, Inc. at closing.
• Costs related to the dissolution and distribution.

The dissolution distribution was expected to be paid on or about November 14, 2025, to stockholders of record as of the close of business on November 10, 2025.

Finance: finalize the reconciliation of Q1 2025 Net Interest Income to the final cash held calculation by next Tuesday.