A Message from Maple Mark Bank

CHAIRMAN AND CEO ANTHONY B. DAVIS

January 27, 2022

Valued Clients –

We have an exciting announcement to share with you about the future of our company. Maple Financial Holdings, Inc., the parent company of MapleMark Bank and Oakwood Bancshares, Inc., the parent company of Oakwood Bank have entered into a definitive merger agreement to combine in a merger of equals transaction.

This true merger of equals combines two complementary banking platforms –headquartered in Dallas. The combined company will have approximately $2 billion in total assets and will operate with branches in Texas and Tulsa, Oklahoma.

As part of the agreement, we will begin doing business as Oakwood Bank once the transaction is finalized. Both Eric and I will be part of the Bank’s executive team and I will serve as Executive Chairman of the holding company Board. More importantly, you will continue to work with the team you always have – ensuring you continue to receive the unparalleled service you’ve come to know and expect.

Our shared culture, strategic vision and complementary strengths will provide significant value to you. The combined company will benefit from enhanced scale, increased market share and an experienced leadership team – allowing us to expand our portfolio of services and increasing our capacity to meet your banking needs.

The transition is expected to be finalized in second quarter 2022. Until then, it’s business as usual – we’ll keep you informed along the way. For more information, please refer to our joint press release.

Thank you for your continued support as we embark upon this journey. We look forward to serving you for many years to come.

Frequently Asked Questions

WHO IS OAKWOOD BANK?

Much like us, Oakwood Bank is a Dallas headquartered community bank with $698 million in total assets. Serving Texas since 1900, Oakwood takes pride in building relationships and establishing trust with their clients. Oakwood operates three branches in Dallas, Texas, one branch in Snyder, Texas and one branch in Oakwood, Texas. Visit oakwoodbank.com for more information.

IS MAPLEMARK’S NAME GOING TO CHANGE?

Yes – once the transaction is finalized, we will begin doing business as Oakwood Bank. Our holding company will continue to be known as Maple Financial Holdings, Inc.

WHAT HAPPENS NEXT?

Now that we have signed the definitive agreement, our next step will be to obtain shareholder and regulatory approval. Once approved, legal close will likely take place in the second quarter of 2022. From there, we will begin planning for system conversion, which we anticipate will take place in late 2022. Until then, it will be business as usual!

HOW WILL YOU COMMUNICATE WITH CLIENTS?

As we get closer to system conversion, you will receive details regarding any product and system changes, downtimes, locations and much more. We will also share information and updates online.

To ensure you receive timely messages, please be sure your mailing address, email and telephone number on file with us are correct. You can verify your information through online banking, by phone at 866-698-5760 or in person the next time you stop in to see us.