OAKWORTH CAPITAL Business Summary

Oakworth Capital Inc. (OAKC) operates as the bank holding company for Oakworth Capital Bank, providing a specialized suite of commercial and private banking, wealth management, and advisory services. The company generates revenue primarily through net interest income from its loan and deposit portfolios and fee-based income from its trust and wealth management divisions. As of mid-2026, Oakworth manages approximately $2.96 billion in wealth assets and maintains a high-touch boutique model characterized by a Net Promoter Score (NPS) of 95. Its primary business segments include Private Banking, which services high-net-worth individuals and professional practices; Commercial Banking, focused on privately held businesses; and Wealth Management, which offers investment advisory and estate planning through its subsidiary, Oakworth Asset Management. In the competitive landscape of the Southeastern United States, Oakworth competes directly with regional players such as ServisFirst Bancshares, Pinnacle Financial Partners, and First Horizon Corporation, as well as larger institutions like Regions Financial. Oakworth distinguishes itself through a disciplined, relationship-centric approach that prioritizes client retention and organic growth over aggressive physical expansion. The leadership team is anchored by Chairman and Chief Executive Officer Scott B. Reed, a co-founder who previously spent 16 years at Regions Financial Corporation in senior executive roles. He is supported by co-founder and Chief Operating Officer Sam A. Scalici, Jr., who oversees the firm’s client experience strategy, and Managing Director and CFO Jenifer Kimbrough. The company’s technical and security infrastructure is led by Chief Information Officer T.J. Rock and Chief Information Officer Dave Driscoll, both appointed in June 2026 to bolster the firm's digital capabilities. Recent strategic additions to the leadership structure include W. Russell "Russ" Carothers III, a former EY partner with nearly 40 years of financial services experience, who was appointed to the Board of Directors and named Audit Committee Chair in July 2026. The founding team’s pedigree is deeply rooted in the Birmingham banking sector, having established the firm in 2008 with a focus on high-income clients and family-owned enterprises, a niche that continues to drive the company’s double-digit revenue and asset growth.