TYBT - Trinity Bank Reports 2021 3rd Quarter Net Income Of $1476000

3^RD QUARTER RETURN ON ASSETS 1.49%
3^RD QUARTER RETURN ON EQUITY 14.15%

FORT WORTH, TX / ACCESSWIRE / October 27 2021 / Trinity Bank N.A. (OTC PINK:TYBT) today announced operating results for the third quarter and the nine months ending September 30, 2021.

Results of Operation

For the third quarter 2021, Trinity Bank, N.A. reported Net Income after Taxes of $1,476,000, an increase of 21.4% over third quarter 2020 earnings of $1,216,000. Earnings per diluted common share for the third quarter 2021 amounted to $1.30, an increase of 20.4% over third quarter 2020 results of $1.08 per diluted common share.

For the first nine months of 2021, Net Income after Taxes was $4,230,000, an increase of 21.9% over the first nine months of 2020 results of $3,470,000. Earnings per diluted common share for the first nine months of 2021 were $3.75, an increase of 22.1% over the first nine months of 2020 results of $3.07 per diluted common share.

Chairman Jeff Harp stated, "Trinity Bank and its customers have continued to make progress in 2021 in spite of price increases, supply chain issues, and political gridlock. We are cautiously optimistic that the headwinds from the pandemic are diminishing."

President Barney C. Wiley reported, "We continue to see increased activity in the local economy and increased opportunity for organic growth - both from our existing customers as well as prospective customers. The artificial low interest rate environment is a hindrance, but Trinity continues to produce above-peer performance in terms of Return on Assets, Return on Equity, Efficiency, and Capital Strength. In addition, on October 29, Trinity will pay its 20^th consecutive increased semiannual dividend. Total dividends for 2021 will be $1.42 representing an 8.4% increase over 2020 dividends of $1.31."

Trinity Bank, N.A. is a commercial bank that began operations May 28, 2003. For a full financial statement, visit Trinity Bank's website: www.trinitybk.com Regulatory reporting format is also available at www.fdic.gov.

For information contact:

Richard Burt
Executive Vice President
Trinity Bank
817-763-9966

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future financial conditions, results of operations and the Bank's business operations. Such forward-looking statements involve risks, uncertainties and assumptions, including, but not limited to, monetary policy and general economic conditions in Texas and the greater Dallas-Fort Worth metropolitan area, the risks of changes in interest rates on the level and composition of deposits, loan demand and the values of loan collateral, securities and interest rate protection agreements, the actions of competitors and customers, the success of the Bank in implementing its strategic plan, the failure of the assumptions underlying the reserves for loan losses and the estimations of values of collateral and various financial assets and liabilities, that the costs of technological changes are more difficult or expensive than anticipated, the effects of regulatory restrictions imposed on banks generally, any changes in fiscal, monetary or regulatory policies and other uncertainties as discussed in the Bank's Registration Statement on Form SB?1 filed with the Office of the Comptroller of the Currency. Should one or more of these risks or uncertainties materialize, or should these underlying assumptions prove incorrect, actual outcomes may vary materially from outcomes expected or anticipated by the Bank. A forward-looking statement may include a statement of the assumptions or bases underlying the forward?looking statement. The Bank believes it has chosen these assumptions or bases in good faith and that they are reasonable. However, the Bank cautions you that assumptions or bases almost always vary from actual results, and the differences between assumptions or bases and actual results can be material. The Bank undertakes no obligation to publicly update or otherwise revise any forward?looking statements, whether as a result of new information, future events or otherwise, unless the securities laws require the Bank to do so.