Mid-Southern Bancorp, Inc. (MSVB): Modelo de Negócios Canvas [Jan-2025 Atualizado]

Aninhado no coração de Ohio e Indiana, Mid-Southern Bancorp, Inc. (MSVB) surge como uma instituição financeira dinâmica que redefine o banco comunitário por meio de sua inovadora e estratégica modelo de negócios. Ao misturar relacionamentos locais personalizados com tecnologias bancárias digitais de ponta, a MSVB cria uma abordagem única que serve pequenas empresas, empresários e clientes individuais com precisão e adaptabilidade notáveis. Esse modelo de negócios abrangente revela como um banco regional transforma os paradigmas bancários tradicionais, criando valor por meio de parcerias estratégicas, infraestrutura tecnológica robusta e um profundo compromisso com os ecossistemas econômicos locais.

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negócios: Parcerias -chave

Associações comerciais locais nas regiões de Ohio e Indiana

O Bancorp Mid-Southern mantém parcerias com associações comerciais locais em Ohio e Indiana.

Nome da associação	Região	Foco em parceria
Câmara de Comércio de Ohio	Ohio	Rede de negócios e suporte
Centro de Desenvolvimento de Pequenas Empresas de Indiana	Indiana	Financiamento para pequenas empresas

Bancos comunitários e redes financeiras regionais

As colaborações estratégicas de rede financeira incluem:

• Banco federal de empréstimos à habitação de Cincinnati
• Banqueiros comunitários independentes da América
• Associação do Midwest Bankers

Provedores de serviços de tecnologia para plataformas bancárias digitais

Detalhes da parceria de tecnologia:

Provedor	Serviço	Valor anual do contrato
Jack Henry & Associados	Software bancário principal	US $ 1,2 milhão
Fiserv	Soluções bancárias digitais	$750,000

Empresas de seguros e investimentos

Parcerias de Serviço Financeiro Complementar:

• Seguro nacional
• Vanguard Investment Services
• Grupo Financeiro Principal

Empresas de conformidade regulatória e consultoria de auditoria

Empresa	Serviço	Custo anual de engajamento
Kpmg	Serviços de Auditoria Financeira	$325,000
Crowe LLP	Consultoria de conformidade regulatória	$275,000

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negócios: Atividades -chave

Serviços bancários comerciais e pessoais

A partir de 2024, o Mid-Southern Bancorp, Inc. fornece serviços bancários com as seguintes métricas-chave:

Categoria de serviço	Contas totais	Valor total
Verificação comercial	3,247	US $ 128,6 milhões
Verificação pessoal	15,692	US $ 87,3 milhões

Empréstimos e originação hipotecária

As operações de empréstimos hipotecários incluem:

• Empréstimos hipotecários totais originados em 2023: US $ 214,5 milhões
• Portfólio de hipoteca residencial: US $ 672,8 milhões
• Tamanho médio do empréstimo hipotecário: US $ 342.000

Gerenciamento de plataforma bancário online e móvel

Métrica da plataforma	Valor
Total de usuários bancários digitais	22,415
Downloads de aplicativos móveis	17,893
Volume de transações online	1,2 milhão por trimestre

Desenvolvimento de produtos de depósito e investimento

Breakdown do portfólio de produtos:

• Produtos totais de depósito: 12
• PRODUTOS DE INVESTIMENTO TOTAL: 8
• Total de ativos sob gestão: US $ 1,3 bilhão

Gerenciamento de riscos e avaliação de crédito

Métrica de gerenciamento de riscos	Valor
Razão de empréstimos não-desempenho	1.47%
Reserva de perda de empréstimo	US $ 18,6 milhões
Faixa de avaliação de pontuação de crédito	620-850

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negócios: Recursos -chave

Rede de agência bancária física

Em 31 de dezembro de 2023, o Mid-Southern Bancorp, Inc. opera 17 escritórios bancários de serviço completo Localizado em Ohio e Indiana.

Estado	Número de ramificações
Ohio	12
Indiana	5

Equipe de gestão financeira experiente

A equipe de liderança do banco inclui:

• Total de membros da equipe executiva: 5
• Experiência bancária média: 22 anos
• Possui de liderança combinada no Mid-Southern Bancorp: 37 anos

Infraestrutura de tecnologia bancária digital

Métrica de tecnologia	Dados específicos
Usuários bancários online	14,237
Usuários bancários móveis	9,623
Investimento anual de TI	US $ 1,2 milhão

Relações de mercado local

O Bancorp Mid-Southern sustenta fortes conexões comunitárias através:

• Parcerias comerciais locais: 87
• Patrocínio de eventos comunitários: 42 anualmente
• Colaborações de desenvolvimento econômico local: 15

Portfólios de depósito e empréstimos do cliente

Métrica do portfólio	Valor total (2023)
Total de depósitos	US $ 621,4 milhões
Empréstimos totais	US $ 503,7 milhões
Relação empréstimo-depositar	81.1%

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de Negócios: Proposições de Valor

Experiência bancária comunitária personalizada

A partir do quarto trimestre de 2023, o Bancorp Mid-Southern atende 12 municípios em Illinois, com ativos totais de US $ 1,07 bilhão. Taxa local de penetração bancária: 68% nas regiões do mercado -alvo.

Categoria de serviço	Engajamento local do cliente	Penetração de mercado
Bancos pessoais	7.342 clientes ativos	42.3%
Banking de negócios	1.156 contas de negócios	26.7%

Taxas de juros competitivas

Ofertas atuais de taxa de juros em janeiro de 2024:

• Contas de poupança pessoal: 3,75% APY
• Verificação de negócios: taxa de juros de 2,25%
• Empréstimos comerciais: 6,50% - 8,25% de taxas variáveis

Atendimento ao cliente responsivo

Métricas de atendimento ao cliente para 2023:

Métrica de resposta	Desempenho
Tempo médio de resposta	12 minutos
Taxa de satisfação do cliente	94.3%

Ofertas abrangentes de produtos financeiros

Breakdown do portfólio de produtos:

• Banco pessoal: 14 tipos distintos de produtos
• Banking Banking: 9 Soluções Financeiras Especializadas
• Total de serviços bancários digitais: 22 recursos online/móveis

Bancos de tomada de decisão local

Estatísticas locais de empréstimos e tomadas de decisão:

Categoria de decisão	Taxa de aprovação local	Tempo médio de processamento
Empréstimos para pequenas empresas	76.5%	3,2 dias
Empréstimos pessoais	85.3%	2,7 dias

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de Negócios: Relacionamentos do Cliente

Interações presenciais em locais de filiais locais

O Bancorp Mid-Southern opera 22 localizações de filiais em vários municípios de Illinois e Missouri a partir do quarto trimestre 2023. A rede física da filial atende a aproximadamente 48.375 clientes ativos.

Tipo de ramificação	Número de ramificações	Interações diárias da média do cliente
Ramos urbanos	12	157 clientes/dia
Ramos rurais	10	86 clientes/dia

Gerentes bancários de relacionamento dedicado

O banco emprega 43 gerentes de relacionamento dedicados a partir de 2024, atendendo principalmente a clientes individuais de negócios e de alta rede.

• Portfólio médio de clientes por gerente de relacionamento: 72 contas
• Receita média anual de gerenciamento de relacionamento: US $ 385.000 por gerente
• Os gerentes de relacionamento cobrem segmentos bancários comerciais, agrícolas e pessoais

Canais de suporte ao cliente digital

As plataformas bancárias digitais suportam 34.562 usuários de bancos on -line ativos em 2024.

Canal digital	Engajamento do usuário	Volume mensal de transação
Aplicativo bancário móvel	28.475 usuários	412.000 transações
Site bancário online	6.087 usuários	89.500 transações

Serviços de Consultoria Financeira Personalizada

O Bancorp Mid-Southern fornece serviços de consultoria financeira especializados em vários segmentos.

• TOTAL CONSULTADO CLIENTES: 2.347
• Ativos médios sob orientação: US $ 3,2 milhões por cliente
• Receita do Serviço Consultivo: US $ 4,7 milhões em 2023

Engajamento da comunidade e patrocínios de eventos locais

A estratégia de investimento comunitário se concentra no desenvolvimento econômico local e no apoio da comunidade.

Categoria de patrocínio	Investimento anual	Número de eventos
Desenvolvimento Econômico Local	$275,000	18 eventos
Iniciativas educacionais	$125,000	12 eventos
Programas de saúde comunitária	$95,000	8 eventos

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de Negócios: Canais

Rede de agência bancária física

A partir de 2024, a Mid-Southern Bancorp, Inc. opera 16 agências bancárias físicas localizadas em Missouri e Illinois.

Estado	Número de ramificações
Missouri	10
Illinois	6

Site bancário online

A plataforma bancária online do banco fornece Acesso digital 24/7 Com os seguintes recursos:

• Rastreamento do saldo da conta
• Transferências de fundos
• Serviços de pagamento da conta
• Declarações eletrônicas

Aplicativo bancário móvel

O aplicativo móvel do Bancorp no meio do sul foi baixado 22.347 vezes a partir do quarto trimestre 2023.

Plataforma	Baixar estatísticas
Apple App Store	12,456
Google Play Store	9,891

Serviços bancários telefônicos

O banco mantém um call center dedicado ao cliente com as seguintes métricas operacionais:

• Tempo médio de espera de chamada: 3,2 minutos
• Horário de operação: 7:00 - 20:00 CST
• Volume anual de chamada: 87.654 interações com os clientes

Rede ATM

O Bancorp Mid-Southern fornece acesso a 24 caixas eletrônicos proprietários em suas regiões de serviço.

Tipo de localização do ATM	Número de caixas eletrônicos
Locais da agência bancária	16
Caixas eletrônicos independentes	8

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

Pequenas e médias empresas

A partir de 2024, o Bancorp Mid-Southern atende aproximadamente 1.247 empresas locais pequenas e médias em toda a sua presença regional. O portfólio de empréstimos comerciais do banco para este segmento totaliza US $ 124,3 milhões.

Segmento de negócios	Número de clientes	Portfólio total de empréstimos
Negócios de varejo	412	US $ 42,6 milhões
Negócios de serviço	356	US $ 37,9 milhões
Fabricação	215	US $ 43,8 milhões

Clientes bancários de varejo individuais

O banco atende a 32.456 clientes de banco de varejo individuais com uma base total de depósitos de US $ 487,2 milhões.

• Contas de corrente pessoal: 18.234 clientes
• Contas de poupança pessoal: 14.222 clientes
• Valor médio do relacionamento do cliente: US $ 15.024

Profissionais e empreendedores locais

O Bancorp Bancorp no meio do sul tem como alvo 2.345 profissionais e empreendedores locais com serviços bancários especializados.

Categoria profissional	Número de clientes	Equilíbrio bancário médio de negócios
Profissionais médicos	612	$276,450
Profissionais do direito	487	$213,670
Empreendedores de tecnologia	356	$189,230

Membros da comunidade agrícola e rural

O banco suporta 1.876 clientes da comunidade agrícola e rural com um portfólio especializado em empréstimos agrícolas de US $ 93,7 milhões.

• Operações agrícolas: 876 clientes
• Pequenas empresas rurais: 642 clientes
• Financiamento de equipamentos agrícolas: US $ 43,2 milhões

Clientes regionais de empréstimos comerciais

O Bancorp Mid-Southern mantém 215 relações regionais de empréstimos comerciais com uma carteira total de empréstimos comerciais de US $ 276,5 milhões.

Setor comercial	Número de clientes	Volume total de empréstimos
Desenvolvimento imobiliário	87	US $ 112,3 milhões
Construção	62	US $ 84,6 milhões
Serviços industriais	66	US $ 79,6 milhões

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negócios: estrutura de custos

Operação de ramificação e despesas de manutenção

No relatório financeiro mais recente, os custos de operação da filial do Bancorp mais recentes eram de aproximadamente US $ 2,3 milhões anualmente. O banco opera 12 localizações de agências físicas em sua região de serviço.

Categoria de despesa	Custo anual
Aluguel e utilitários	$875,000
Manutenção e reparos	$412,000
Sistemas de segurança	$215,000

Salários e benefícios dos funcionários

As despesas totais de pessoal para o Bancorp Mid-Southern foram de US $ 6,7 milhões no ano fiscal mais recente.

• Salário médio de funcionários: US $ 62.500
• Custos de seguro de saúde: US $ 1,2 milhão
• Benefícios de aposentadoria: US $ 850.000

Investimentos de tecnologia e infraestrutura digital

Os gastos com tecnologia totalizaram US $ 1,5 milhão, com alocações importantes da seguinte forma:

Área de investimento em tecnologia	Despesas anuais
Sistemas bancários principais	$625,000
Segurança cibernética	$350,000
Plataformas bancárias digitais	$525,000

Custos regulatórios de conformidade e relatório

As despesas de conformidade foram de US $ 975.000 para o ano fiscal, quebrado da seguinte maneira:

• Consultoria legal e regulatória: US $ 425.000
• Software e ferramentas de conformidade: US $ 300.000
• Taxas de auditoria externa: $ 250.000

Despesas de marketing e aquisição de clientes

O orçamento de marketing para o Bancorp Mid-Southern foi de US $ 450.000, com distribuição em vários canais:

Canal de marketing	Gasto
Publicidade digital	$185,000
Impressão e mídia local	$125,000
Patrocínio da comunidade	$90,000
Campanhas de mala direta	$50,000

Mid -Southern Bancorp, Inc. (MSVB) - Modelo de negócios: fluxos de receita

Receita de juros de carteiras de empréstimos

Para o ano fiscal de 2023, o Bancorp Mid-Southern registrou receita total de juros de US $ 44,3 milhões. A quebra da carteira de empréstimos inclui:

Categoria de empréstimo	Balanço total em circulação	Receita de juros
Empréstimos comerciais	US $ 215,6 milhões	US $ 18,7 milhões
Empréstimos hipotecários residenciais	US $ 312,4 milhões	US $ 22,1 milhões
Empréstimos ao consumidor	US $ 87,2 milhões	US $ 3,5 milhões

Taxas de serviço e cobranças de transação

As taxas de serviço e as cobranças de transação geraram US $ 6,2 milhões em receita para 2023, com a seguinte quebra:

• Taxas de transação ATM: US $ 1,4 milhão
• Taxas de cheque especial: US $ 2,3 milhões
• Taxas de transferência de fio: US $ 0,9 milhão
• Outras taxas de transação: US $ 1,6 milhão

Receitas de originação hipotecária

As receitas de originação hipotecária para 2023 totalizaram US $ 3,8 milhões, com:

• Origenas da hipoteca residencial: US $ 245,6 milhões
• Taxa de originação média: 1,55%

Comissões de produtos de investimento

As comissões de produtos de investimento atingiram US $ 2,5 milhões em 2023, derivados de:

Produto de investimento	Vendas totais	Taxa de comissão	Total de comissões
Fundos mútuos	US $ 42,3 milhões	3.2%	US $ 1,35 milhão
Contas de aposentadoria	US $ 28,7 milhões	3.8%	US $ 1,15 milhão

Taxas de serviço de manutenção e bancos de conta

As taxas de serviço de manutenção e bancos de contas geraram US $ 4,6 milhões em 2023:

• Taxas de conta corrente: US $ 2,1 milhões
• Taxas da conta poupança: US $ 1,3 milhão
• Serviços bancários online: US $ 0,7 milhão
• Taxas mensais de manutenção da conta: US $ 0,5 milhão

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.