Denver, CO and La Junta, CO – March 20, 2025 – The Colorado Bank & Trust Company of La Junta, a community bank based in La Junta, Colorado, and InBank, a wholly owned subsidiary of InBankshares, Corp  (OTCQX: INBC) based in Denver, Colorado, announced today that they entered into an agreement pursuant to which Colorado Bank & Trust will acquire the InBank branch office located in Buena Vista, Colorado.

Founded in 1907 and headquartered in La Junta, Colorado, The Colorado Bank & Trust is a full-service community bank with branches in La Junta and Pueblo, Colorado. “We are excited to be adding a new location in Buena Vista as we continue to expand our presence in Colorado. We are looking forward to becoming a part of this vibrant town by supporting local businesses and residents alike, investing in programs
that support responsible growth, and building meaningful connections with the community. We extend a warm welcome to the InBank Buena Vista branch customers and employees to the Colorado Bank & Trust family,” said Tony Jones, President and CEO of The Colorado Bank & Trust. “The leadership teams of the two institutions will work closely together to preserve a quality customer experience during the transition,” Mr. Jones commented.

“We are pleased that The Colorado Bank & Trust will be acquiring InBank’s Buena Vista location. We are thankful that we were able to serve this wonderful community and we know the team at The Colorado Bank & Trust will be passionate about serving Chaffee County customers,” said Ed Francis, President and CEO, of InBank. “InBank will continue to pursue its strategy of serving and growing its other markets along the Colorado Front Range, Southern Colorado and Northern New Mexico. Until the closing, it will be business as usual and we will make the transition as seamless as possible.”

The branch sale is subject to approval by bank regulators and to customary closing conditions. The transaction is expected to close early in the third quarter of 2025.

About The Colorado Bank & Trust Company of La Junta The Colorado Bank & Trust Company of La Junta is a 4th generation family-owned community bank headquartered in La Junta, Colorado. CB&T proudly serves its customers in La Junta, Pueblo, and the surrounding communities with the financial products and services they need in today’s markets. With involvement in each community as its trademark, the team proves they offer Hometown Banking at its Finest – for over 115 years and beyond!. For more information, visit www.colobank.com.

About InBank
InBank is the wholly owned subsidiary InBankshares, Corp, (OTCQX: INBC) and an independent commercial bank growing throughout the Colorado Front Range and serving southern Colorado and northern New Mexico markets. InBank offers a full suite of commercial, business, personal and private banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com.

Forward-Looking Statements
This press release contains, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon the current belief and expectations of INBC’s management team and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond INBC’s control). Although INBC believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, INBC can give no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by INBC or any other person that the future events, plans, or expectations contemplated by INBC will be achieved. All subsequent written and oral forward-looking statements attributable to INBC or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. INBC does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made, except as required by law.
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