CIVISTA BANCSHARES Business Summary

Civista Bancshares, Inc. (CIVB) operates as the financial holding company for Civista Bank, generating revenue primarily through net interest income from a diversified portfolio of commercial, real estate, and agricultural loans. The company’s business model is bolstered by non-interest income streams, including wealth management fees, mortgage banking, and a specialized nationwide equipment finance division, Civista Leasing & Financing. As of early 2026, the company has successfully integrated its acquisition of Farmers Savings Bank, significantly expanding its low-cost deposit base and lending capacity across Ohio, Southeastern Indiana, and Northern Kentucky. Civista competes directly with regional peers such as Premier Financial Corp, Farmers National Banc Corp, and Peoples Bancorp Inc. Within this landscape, Civista positions itself as a high-touch community bank that leverages the scale of a mid-tier regional player, utilizing its specialized leasing arm to achieve higher yields than traditional retail-focused competitors. The leadership team is spearheaded by Dennis G. Shaffer, who serves as Chairman, President, and Chief Executive Officer, bringing over 40 years of regional banking experience to the firm. He is supported by Ian Whinnem, Senior Vice President and Chief Financial Officer, a seasoned executive who joined in 2024 following a 25-year career at Huntington Bancshares and FirstMerit Corporation, and Richard J. Dutton, who serves as Senior Vice President and Chief Operating Officer. The executive suite is further strengthened by Robert L. Katitus, Executive Vice President and Chief Lending Officer, and Michael D. Mulford, Chief Credit Officer. The Board of Directors, which includes Lead Independent Director Dennis E. Murray, Jr. and veteran director James O. Miller, provides strategic oversight. The company maintains a stable institutional investor base, with significant positions held by BlackRock, Vanguard, and Dimensional Fund Advisors, reflecting market confidence in its conservative capital management and consistent dividend growth.