#United States #stock repurchase #Bakersfield #Mission Bancorp

Mission Bancorp Extends Stock Repurchase Plan

BAKERSFIELD, Calif., October 27, 2025 — Mission Bancorp (OTC Pink: MSBC) has publicly disclosed the extension of its stock repurchase plan, originally initiated under Rule 10b5-1. The company announced on April 28, 2025, that this plan, known as the "2022 10b5-1 Plan," allows for the repurchase of its common stock and has been extended for an additional six months, now set to expire on April 23, 2026.

The primary objective of this plan is to enhance shareholder value by repurchasing shares of common stock, with a total allocation of up to $3 million for these repurchases. The initial expiration date of October 23, 2025, has been effectively postponed, permitting the Company to continue executing purchases in alignment with its financial strategy.

Hilltop Securities, Inc. has been designated as the agent for the Company, facilitating these transactions under pre-arranged terms that comply with the stipulations of the 2022 10b5-1 Plan. The Company retains the right to suspend or discontinue the plan at any time should circumstances necessitate such action.

This extension signals Mission Bancorp's robust financial health and its commitment to providing returns to its shareholders, even in a fluctuating market. With a total asset portfolio valued at $2 billion, Mission Bancorp, headquartered in Bakersfield, operates as the parent company of several fully owned subsidiaries including Mission Bank, Mission 1031 Exchange, LLC, and Mission Community Development, LLC. Together, these entities contribute to a comprehensive financial services offering that serves various communities across California.

Mission Bank stands out with its eight strategically located Business Banking Centers that cater to the regions of Bakersfield, Lancaster, San Luis Obispo, Stockton, Ventura, and Visalia. The Bank strives to meet the diverse needs of its clientele through an expansive range of financial products and services while fostering growth within the local economies.

Effective communication of its shareholder strategies and financial performance remains crucial for Mission Bancorp as it navigates through the complexities of the financial landscape. The Company remains committed to transparency and will keep its investors informed about ongoing developments tied to the stock repurchase plan.

As Mission Bancorp looks ahead, the extension of the stock repurchase plan not only underscores its market confidence but also emphasizes its proactive approach to managing capital in a manner that could yield favorable outcomes for its shareholders.

For further information about Mission Bancorp, visit their website at www.missionbank.bank. Please note, however, that including this website link should not be construed as incorporating any materials beyond this announcement.

About Mission Bancorp

As a key player in California's financial landscape, Mission Bancorp is committed to empowering businesses and individuals alike with accessible banking solutions. Its holistic approach integrates innovative banking with community-focused services to drive economic development across its service areas.