/C O R R E C T I O N -- Oakworth Capital Bank/

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Oakworth Capital Bank (OTCQX: OAKC) issued a correction to its Nov. 4, 2025 release and announced that Joshua Coster has joined the Middle Tennessee Market Board as president and owner of Wil-Ro, Inc. and owner of Turtleback Trailers.

The corrected boilerplate updates Oakworth rankings and balance-sheet figures to As of September 30, 2025: $1.9 billion in total assets, $1.5 billion in gross loans, $1.7 billion in deposits, and $2.6 billion in wealth and trust assets under management. The correction replaces earlier June 30, 2025 figures and a different ranking phrasing.

Coster brings two decades of industrial leadership, an MBA from Kellogg, executive education at Harvard, a B.A. from DePaul, and Lean/Six Sigma certification.

In the news release, Oakworth Capital Bank Welcomes Joshua Coster to Middle Tennessee Market Board, issued Nov. 4, 2025 by Oakworth Capital Bank over PR Newswire, we are advised by the company that the Oakworth Capital Bank boiler plate, second paragraph, first two sentences, should read "Oakworth has been ranked among American Banker's "Best Bank to Work For" for the past eight years, holding the top spot for six of those and ranking #2 most recently. As of September 30, 2025, Oakworth had $1.9 billion in total assets, $1.5 billion in gross loans, $1.7 billion in deposits and $2.6 billion in wealth and trust assets under management" rather than "Oakworth has been ranked among American Banker's "Best Bank to Work For" for the past eight years, holding the top spot for six of those and ranking #2 this year. As of June 30, 2025, Oakworth had $1.8 billion in total assets, $1.5 billion in gross loans, $1.6 billion in deposits and $2.4 billion in wealth and trust assets under management" as originally issued inadvertently. The complete, corrected release follows:

Oakworth Capital Bank Welcomes Joshua Coster to Middle Tennessee Market Board

NASHVILLE, Tenn., Nov. 4, 2025 /PRNewswire/ -- Oakworth Capital Bank (OTCQX: OAKC) is pleased to announce that Joshua Coster, president and owner of Wil-Ro, Inc., and owner of Turtleback Trailers, has joined its Middle Tennessee Market Board.

Coster brings more than two decades of leadership experience across industrial organizations, including roles in operations, supply chain, design and engineering, and sales and marketing. Since acquiring Wil-Ro in 2017, he has led the company's continued growth while maintaining a people-first culture centered on craftsmanship, service, and community.

"Oakworth just stands out," said Coster. "They come to the table with solutions, not problems. Everyone there cares about you, your team, and your success—and that's the same mindset I try to instill in my company every day."

Coster's longstanding connection with Oakworth's advisors, built on trust, respect and shared values, led naturally to his decision to join the Market Board.

"Josh exemplifies the leadership and integrity that define Oakworth," said Greer Redden, Managing Director and Middle Tennessee Market Leader. "His experience as a business owner and his dedication to serving others reflect our purpose of Helping People Succeed."

Coster holds an MBA from Kellogg School of Management, completed executive education at Harvard Business School, and earned a B.A. in Business Management from DePaul University. He is Lean and Six Sigma certified.

Oakworth Capital Bank serves clients through private, commercial, and wealth advisory services with a purpose of Helping People Succeed.

About Oakworth Capital Bank
Oakworth Capital, Inc. operates as the bank holding company for Oakworth Capital Bank (OTCQX: OAKC). Oakworth was founded in 2008 and operates four offices in the Southeast, including its headquarters in Birmingham, Alabama. Oakworth provides commercial and private banking, wealth management and advisory services to clients across the United States.

Oakworth has been ranked among American Banker's "Best Bank to Work For" for the past eight years, holding the top spot for six of those and ranking #2 most recently. As of September 30, 2025, Oakworth had $1.9 billion in total assets, $1.5 billion in gross loans, $1.7 billion in deposits and $2.6 billion in wealth and trust assets under management. For more information, visit www.oakworth.com.

Media Contact:
Sonia Blumstein, Director of Communications & Marketing
205.271.2017
Sonia.blumstein@oakworth.com

Advisory Services offered through Oakworth Asset Management, LLC, a registered investment advisor. Oakworth Asset Management, LLC is owned by Oakworth Capital Bank, Member FDIC. Investment products and services offered via Oakworth Asset Management, LLC are independent of the products and services offered by Oakworth Capital Bank and are not FDIC insured, may lose value, have no bank guarantee and are not insured by any federal or state government agency.

Oakworth Asset Management, LLC ("OAM") is a registered investment adviser that is owned by Oakworth Capital Bank Inc. ("OCB," or together with OAM, "Oakworth"), Member FDIC. This piece describes the services of both OAM and OCB, but please note that they are two separate entities that provide different services. All investment adviser services including investment management and financial planning are provided by OAM. Because of the ownership relationship and possible involvement by OAM associates with OCB, there exists a conflict of interest to the extent that either party (OAM or OCB) recommends the services of the other. For additional information about OAM, including its services and fees, send for the firm's disclosure brochure using the contact information contained herein or visit advisorinfo.sec.gov.

 

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SOURCE Oakworth Capital Bank

FAQ

What correction did Oakworth Capital Bank (OAKC) issue on Nov. 4, 2025?

Oakworth corrected its boilerplate to update rankings language and financials to As of September 30, 2025 with revised asset and AUM figures.

What are Oakworth's revised balance-sheet figures as of Sept. 30, 2025 for OAKC?

As of Sept. 30, 2025: $1.9B total assets, $1.5B gross loans, $1.7B deposits, $2.6B wealth and trust AUM.

Who is Joshua Coster and what role did he join at Oakworth (OAKC)?

Joshua Coster, president and owner of Wil-Ro and owner of Turtleback Trailers, joined Oakworth's Middle Tennessee Market Board.

What professional credentials does Joshua Coster bring to Oakworth's board?

Coster holds an MBA from Kellogg, completed executive education at Harvard Business School, earned a B.A. from DePaul, and is Lean and Six Sigma certified.

How did Oakworth describe Coster's fit with its team in the Nov. 4, 2025 release?

Oakworth noted Coster's leadership, business-owner experience, and dedication to serving others as aligned with the bank's purpose of Helping People Succeed.