Mid-Southern Bancorp, Inc. (MSVB): Business Model Canvas [Jan-2025 Mis à jour]

Niché au cœur de l'Ohio et de l'Indiana, Mid-Southern Bancorp, Inc. (MSVB) émerge comme une institution financière dynamique qui redéfinit les services bancaires communautaires grâce à sa toile de modèle commercial innovant et stratégique. En mélangeant des relations locales personnalisées avec des technologies bancaires numériques de pointe, MSVB élabore une approche unique qui sert les petites entreprises, les entrepreneurs et les clients individuels avec une précision et une adaptabilité remarquables. Ce modèle commercial complet révèle comment une banque régionale transforme les paradigmes bancaires traditionnels, créant de la valeur à travers des partenariats stratégiques, une infrastructure technologique robuste et un engagement profond envers les écosystèmes économiques locaux.

Mid-Southern Bancorp, Inc. (MSVB) - Modèle commercial: partenariats clés

Associations d'entreprises locales dans les régions de l'Ohio et de l'Indiana

Mid-Southern Bancorp entretient des partenariats avec des associations d'entreprises locales à travers l'Ohio et l'Indiana.

Nom d'association	Région	Focus de partenariat
Chambre de commerce de l'Ohio	Ohio	Réseautage et soutien commerciaux
Centre de développement des petites entreprises de l'Indiana	Indiana	Financement des petites entreprises

Banques communautaires et réseaux financiers régionaux

Les collaborations stratégiques des réseaux financiers comprennent:

• Banque fédérale de prêts immobiliers de Cincinnati
• Bankers communautaires indépendants d'Amérique
• Association des banquiers Midwest

Fournisseurs de services technologiques pour les plates-formes bancaires numériques

Détails du partenariat technologique:

Fournisseur	Service	Valeur du contrat annuel
Jack Henry & Associés	Logiciel bancaire de base	1,2 million de dollars
Finerv	Solutions bancaires numériques	$750,000

Sociétés d'assurance et d'investissement

Partenariats complémentaires de service financier:

• Assurance à l'échelle nationale
• Vanguard Investment Services
• Groupe financier principal

Cabinets de consultation réglementaire

Ferme	Service	Coût annuel d'engagement
Kpmg	Services d'audit financier	$325,000
Crowe LLP	Conseil de conformité réglementaire	$275,000

Mid-Southern Bancorp, Inc. (MSVB) - Modèle d'entreprise: Activités clés

Services bancaires commerciaux et personnels

En 2024, Mid-Southern Bancorp, Inc. fournit des services bancaires avec les mesures clés suivantes:

Catégorie de service	Comptes totaux	Valeur totale
Vérification commerciale	3,247	128,6 millions de dollars
Vérification personnelle	15,692	87,3 millions de dollars

Prêts hypothécaires et origine

Les opérations de prêt hypothécaire comprennent:

• Les prêts hypothécaires totaux sont originaires de 2023: 214,5 millions de dollars
• Portefeuille hypothécaire résidentiel: 672,8 millions de dollars
• Taille moyenne du prêt hypothécaire: 342 000 $

Gestion de la plate-forme bancaire en ligne et mobile

Métrique de la plate-forme	Valeur
Utilisateurs totaux de banque numérique	22,415
Téléchargements d'applications mobiles	17,893
Volume de transaction en ligne	1,2 million par trimestre

Développement de produits de dépôt et d'investissement

Répartition du portefeuille de produits:

• Produits de dépôt total: 12
• Produits d'investissement total: 8
• Total des actifs sous gestion: 1,3 milliard de dollars

Gestion des risques et évaluation du crédit

Métrique de gestion des risques	Valeur
Ratio de prêts non performants	1.47%
Réserve de perte de prêt	18,6 millions de dollars
Plage d'évaluation des cotes de crédit	620-850

Mid-Southern Bancorp, Inc. (MSVB) - Modèle commercial: Ressources clés

Réseau de succursale bancaire physique

Au 31 décembre 2023, Mid-Southern Bancorp, Inc. fonctionne 17 bureaux bancaires à service complet Situé à travers l'Ohio et l'Indiana.

État	Nombre de branches
Ohio	12
Indiana	5

Équipe de gestion financière expérimentée

L'équipe de direction de la banque comprend:

• Membres totaux de l'équipe de direction: 5
• Expérience bancaire moyenne: 22 ans
• Terrain de leadership combiné au Mid-Southern Bancorp: 37 ans

Infrastructure de technologie bancaire numérique

Métrique technologique	Données spécifiques
Utilisateurs de la banque en ligne	14,237
Utilisateurs de la banque mobile	9,623
Investissement informatique annuel	1,2 million de dollars

Relations de marché locales

Bancorp au milieu du sud maintient Connexions communautaires solides à travers:

• Partenariats commerciaux locaux: 87
• Commanditaires des événements communautaires: 42 par an
• Collaborations locales de développement économique: 15

Portefeuilles de dépôt client et de prêt

Métrique de portefeuille	Montant total (2023)
Dépôts totaux	621,4 millions de dollars
Prêts totaux	503,7 millions de dollars
Ratio de prêt / dépôt	81.1%

Mid-Southern Bancorp, Inc. (MSVB) - Modèle d'entreprise: propositions de valeur

Expérience bancaire communautaire personnalisée

Au quatrième trimestre 2023, le Mid-Southern Bancorp dessert 12 comtés de l'Illinois avec un actif total de 1,07 milliard de dollars. Taux de pénétration bancaire locale: 68% dans les régions du marché cible.

Catégorie de service	Engagement client local	Pénétration du marché
Banque personnelle	7 342 clients actifs	42.3%
Banque d'affaires	1 156 comptes d'entreprise	26.7%

Taux d'intérêt compétitifs

Offres de taux d'intérêt actuels en janvier 2024:

• Comptes d'épargne personnels: 3,75% apy
• Vérification des entreprises: taux d'intérêt de 2,25%
• Prêts commerciaux: 6,50% - 8,25% de taux variables

Service client réactif

Métriques du service client pour 2023:

Métrique de réponse	Performance
Temps de réponse moyen	12 minutes
Taux de satisfaction client	94.3%

Offres complètes de produits financiers

Répartition du portefeuille de produits:

• Banque personnelle: 14 types de produits distincts
• Banque d'affaires: 9 solutions financières spécialisées
• Services bancaires numériques totaux: 22 fonctionnalités en ligne / mobiles

Banque de décision locale

Statistiques locales de prêt et de prise de décision:

Catégorie de décision	Taux d'approbation local	Temps de traitement moyen
Prêts aux petites entreprises	76.5%	3,2 jours
Prêts personnels	85.3%	2,7 jours

Mid-Southern Bancorp, Inc. (MSVB) - Modèle d'entreprise: relations avec les clients

Interactions en face à face dans les succursales locales

Mid-Southern Bancorp exploite 22 succursales dans plusieurs comtés de l'Illinois et du Missouri au T4 2023. Le réseau de succursale physique dessert environ 48 375 clients actifs.

Type de succursale	Nombre de branches	Interactions moyennes du client quotidien
Branches urbaines	12	157 clients / jour
Branches rurales	10	86 clients / jour

Les gestionnaires des banques de relations dédiées

La banque emploie 43 gestionnaires de relations dédiés à partir de 2024, desservant principalement des clients commerciaux et des clients individuels élevés.

• Portefeuille client moyen par gestionnaire de relations: 72 comptes
• Revenus de gestion des relations annuelles moyennes: 385 000 $ par gestionnaire
• Les gestionnaires de relations couvrent les segments commerciaux, agricoles et personnels

Canaux de support client numérique

Les plates-formes bancaires numériques prennent en charge 34 562 utilisateurs de banque en ligne actifs en 2024.

Canal numérique	Engagement des utilisateurs	Volume de transaction mensuel
Application bancaire mobile	28 475 utilisateurs	412 000 transactions
Site Web de banque en ligne	6 087 utilisateurs	89 500 transactions

Services de conseil financier personnalisés

Mid-Southern Bancorp fournit des services de conseil financier spécialisés sur plusieurs segments.

• Clients consultatifs totaux: 2 347
• Actif moyen en vertu de l'avis: 3,2 millions de dollars par client
• Revenus de services consultatifs: 4,7 millions de dollars en 2023

Engagement communautaire et parrainages d'événements locaux

La stratégie d'investissement communautaire se concentre sur le développement économique local et le soutien communautaire.

Catégorie de parrainage	Investissement annuel	Nombre d'événements
Développement économique local	$275,000	18 événements
Initiatives éducatives	$125,000	12 événements
Programmes de santé communautaire	$95,000	8 événements

Mid-Southern Bancorp, Inc. (MSVB) - Modèle d'entreprise: canaux

Réseau de succursale bancaire physique

En 2024, Mid-Southern Bancorp, Inc. exploite 16 succursales bancaires physiques situées à travers le Missouri et l'Illinois.

État	Nombre de branches
Missouri	10
Illinois	6

Site Web de banque en ligne

La plateforme bancaire en ligne de la banque fournit Accès numérique 24/7 avec les fonctionnalités suivantes:

• Suivi du solde du compte
• Transferts de fonds
• Services de paiement de factures
• Déclarations électroniques

Application bancaire mobile

L'application mobile de Mid-Southern Bancorp a été téléchargée 22 347 fois au quatrième trimestre 2023.

Plate-forme	Télécharger des statistiques
Apple App Store	12,456
Google Play Store	9,891

Services bancaires téléphoniques

La banque maintient un centre d'appels de service client dédié avec les mesures opérationnelles suivantes:

• Temps d'attente d'appel moyen: 3,2 minutes
• Heures de fonctionnement: 7h00 - 20h00 CST
• Volume d'appel annuel: 87 654 interactions client

Réseau ATM

Mid-Southern Bancorp donne accès à 24 distributeurs automatiques de billets propriétaires dans ses régions de service.

Type d'emplacement ATM	Nombre de distributeurs automatiques de billets
Implices des succursales bancaires	16
ATMS autonomes	8

Mid-Southern Bancorp, Inc. (MSVB) - Modèle d'entreprise: segments de clientèle

Petites et moyennes entreprises locales

En 2024, le Mid-Southern Bancorp dessert environ 1 247 petites et moyennes entreprises locales à travers son empreinte régionale. Le portefeuille de prêts commerciaux de la banque pour ce segment totalise 124,3 millions de dollars.

Segment d'entreprise	Nombre de clients	Portefeuille de prêts totaux
Commerces de détail	412	42,6 millions de dollars
Entreprises de services	356	37,9 millions de dollars
Fabrication	215	43,8 millions de dollars

Clients bancaires de détail individuels

La banque dessert 32 456 clients bancaires de détail individuels avec une base de dépôt totale de 487,2 millions de dollars.

• Comptes de chèques personnels: 18 234 clients
• Comptes d'épargne personnelles: 14 222 clients
• Valeur moyenne de la relation client: 15 024 $

Professionnels et entrepreneurs locaux

Le Mid-Southern Bancorp cible 2 345 professionnels locaux et entrepreneurs avec des services bancaires spécialisés.

Catégorie professionnelle	Nombre de clients	Solde moyen des banques commerciales
Professionnels de la santé	612	$276,450
Professionnels du droit	487	$213,670
Entrepreneurs technologiques	356	$189,230

Membres de la communauté agricole et rurale

La banque soutient 1 876 clients de la communauté agricole et rurale avec un portefeuille de prêts agricoles spécialisés de 93,7 millions de dollars.

• Opérations agricoles: 876 clients
• Petites entreprises rurales: 642 clients
• Financement de l'équipement agricole: 43,2 millions de dollars

Clients commerciaux régionaux

Le Mid-Southern Bancorp entretient 215 relations commerciales régionales avec un portefeuille de prêts commerciaux total de 276,5 millions de dollars.

Secteur commercial	Nombre de clients	Volume total de prêt
Développement immobilier	87	112,3 millions de dollars
Construction	62	84,6 millions de dollars
Services industriels	66	79,6 millions de dollars

Mid-Southern Bancorp, Inc. (MSVB) - Modèle d'entreprise: Structure des coûts

Frais de fonctionnement et de maintenance de la succursale

Dès les rapports financiers les plus récents, les coûts de l'exploitation de la succursale de Bancorp au milieu du sud étaient d'environ 2,3 millions de dollars par an. La banque exploite 12 succursales physiques dans sa région de service.

Catégorie de dépenses	Coût annuel
Loyer et services publics	$875,000
Entretien et réparations	$412,000
Systèmes de sécurité	$215,000

Salaires et avantages sociaux des employés

Le total des dépenses du personnel pour le milieu du sud de Bancorp s'est élevé à 6,7 millions de dollars au cours de l'exercice le plus récent.

• Salaire moyen des employés: 62 500 $
• Coûts d'assurance maladie: 1,2 million de dollars
• Avantages à la retraite: 850 000 $

Investissements technologiques et infrastructures numériques

Les dépenses technologiques ont totalisé 1,5 million de dollars, avec des allocations clés comme suit:

Zone d'investissement technologique	Dépenses annuelles
Systèmes bancaires de base	$625,000
Cybersécurité	$350,000
Plateformes bancaires numériques	$525,000

Contacments de conformité réglementaire et de rapport

Les dépenses de conformité étaient de 975 000 $ pour l'exercice, en panne comme suit:

• Conseil juridique et réglementaire: 425 000 $
• Logiciel et outils de conformité: 300 000 $
• Frais d'audit externe: 250 000 $

Frais de marketing et d'acquisition des clients

Le budget marketing pour le Mid-Southern Bancorp était de 450 000 $, avec distribution sur divers canaux:

Canal de marketing	Dépense
Publicité numérique	$185,000
Impression et médias locaux	$125,000
Parrainages communautaires	$90,000
Campagnes de publipostage	$50,000

Mid-Southern Bancorp, Inc. (MSVB) - Modèle d'entreprise: Strots de revenus

Revenu des intérêts des portefeuilles de prêts

Pour l'exercice 2023, le Mid-Sud Bancorp a déclaré un revenu total d'intérêts de 44,3 millions de dollars. La répartition du portefeuille de prêts comprend:

Catégorie de prêt	Solde total en suspens	Revenu d'intérêt
Prêts commerciaux	215,6 millions de dollars	18,7 millions de dollars
Prêts hypothécaires résidentiels	312,4 millions de dollars	22,1 millions de dollars
Prêts à la consommation	87,2 millions de dollars	3,5 millions de dollars

Frais de service et frais de transaction

Les frais de service et les frais de transaction ont généré 6,2 millions de dollars de revenus pour 2023, avec la ventilation suivante:

• Frais de transaction ATM: 1,4 million de dollars
• Frais de découvert: 2,3 millions de dollars
• Frais de transfert de fil: 0,9 million de dollars
• Autres frais de transaction: 1,6 million de dollars

Revenus d'origine hypothécaire

Les revenus d'origine hypothécaire pour 2023 ont totalisé 3,8 millions de dollars, avec:

• Originations hypothécaires résidentielles: 245,6 millions de dollars
• Frais de création moyenne: 1,55%

Commissions de produits d'investissement

Les commissions de produits d'investissement ont atteint 2,5 millions de dollars en 2023, dérivée de:

Produit d'investissement	Ventes totales	Taux de commission	Commissions totales
Fonds communs de placement	42,3 millions de dollars	3.2%	1,35 million de dollars
Comptes de retraite	28,7 millions de dollars	3.8%	1,15 million de dollars

Frais de maintenance et de service bancaire du compte

Les frais de maintenance et de service bancaire des comptes ont généré 4,6 millions de dollars en 2023:

• Frais de compte chèques: 2,1 millions de dollars
• Frais de compte d'épargne: 1,3 million de dollars
• Services bancaires en ligne: 0,7 million de dollars
• Frais de maintenance du compte mensuel: 0,5 million de dollars

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.