Quarterly Financial Report September 30, 2018 Unaudited

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1 Quarterly Financial Report September 30, 2018 Unaudited

Company Information Century Next Financial Corporation is the holding company for Bank of Ruston (the Bank ) which conducts business from three full-service banking centers.

2 Company Information Century Next Financial Corporation is the holding company for Bank of Ruston (the Bank ) which conducts business from three full-service banking centers. The Company was formed in 2010 and is subject to the regulatory oversight of the Board of Governors of the Federal Reserve System. The Bank is a wholly-owned subsidiary and is an insured federally-chartered stock savings association subject to the regulatory oversight of the Office of the Comptroller of the Currency. The Bank was established in 1905 and is headquartered in Ruston, Louisiana. The Bank is a full-service bank with two banking offices in Ruston and one banking office in Monroe. The Bank emphasizes professional and personal banking service directed primarily to small and medium-sized businesses, professionals, and individuals. The Bank provides a full range of banking services including its primary business of real estate lending to residential and commercial customers. The corporate headquarters are located at 505 North Vienna Street, Ruston, Louisiana The common stock of Century Next Financial Corporation trades on the OTCQX under the symbol CTUY.

3 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (unaudited) (In thousands, except share data) September 30, 2018 December 31, 2017 ASSETS Cash and cash equivalents $ 40,028 $ 30,611 Debt securities: Available-for-sale Held-to-maturity (including $683 and $695 at fair value) Total Debt Securities 1,072 1,157 Federal Home Loan Bank stock 1,192 1,137 Other equity investments Loans: Loans, net of unearned income 252, ,920 Loans held for sale Allowance for loan losses (2,379) (1,968) Net Loans 250, ,449 Accrued interest receivable 1, Premises and equipment, net of accumulated depreciation of $3,515 and $3,334 5,472 5,627 Other foreclosed assets - - Other assets 7,107 6,314 TOTAL ASSETS $ 306,780 $ 283,613 LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities: Deposits Noninterest-bearing $ 25,107 $ 23,817 Interest-bearing 226, ,105 Total Deposits 251, ,922 Advances from borrowers for insurance and taxes Short-term borrowings (FHLB advances) - 3,250 Long-term borrowings (FHLB advances) 22,100 22,134 Accrued interest payable Other liabilities 2,320 1,903 Total Liabilities 275, ,461 Stockholders' equity: Preferred Stock, $.01 par value 1,000,000 shares authorized; none issued - - Common Stock, $.01 par value 9,000,000 shares authorized; 1,099,313 and 1,091,186 issued and outstanding Additional paid-in capital 11,292 11,118 Unearned shares held by Recognition and Retention Plan (341 shares) (4) (4) Unearned ESOP Shares (42,020 and 44,647 shares) (400) (426) Retained earnings 19,900 17,437 Accumulated other comprehensive income(loss)-net of taxes, $3 and $ Total Stockholders' Equity 30,810 28,152 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 306,780 $ 283,613 Book Value per share $ $ 25.80

4 CONSOLIDATED STATEMENTS OF INCOME (unaudited) Three Months Ended September 30 Nine Months Ended September 30 (In thousands, except share data) INTEREST INCOM E Loans (including fees) $ 3,615 $ 3,082 $ 10,381 $ 8,572 Debt securities: Taxable Tax-exempt Other Total Interest Income 3,816 3,178 10,810 8,810 INTEREST EXPENSE Deposits ,851 1,000 Short-term borrowings Long-term debt Total Interest Expense ,184 1,138 Net Interest Income 2,942 2,730 8,626 7,672 Provision for loan losses Net Interest Income After Loan Loss Provision 2,762 2,535 8,071 7,177 NON-INTEREST INCOME Service charges on deposit accounts Loan servicing release fees Net gain (loss) on sale of loans (43) (55) (116) (116) Net gain (loss) on sale of foreclosed assets (4) (21) (4) (7) Other Total Non-interest Income ,216 1,269 NON-INTEREST EXPENSE Salaries and employee benefits 1,293 1,142 3,865 3,435 Occupancy and equipment Data processing Directors' expense Advertising Legal and professional Audit and examination fees Office supplies FDIC deposit insurance Foreclosed assets Other operating expense Total Non-interest Expense 2,163 1,842 6,214 5,497 Income Before Taxes 1,043 1,103 3,073 2,949 Income Taxes NET INCOME $ 835 $ 751 $ 2,490 $ 2,023 Basic Earnings per Share $ 0.79 $ 0.72 $ 2.36 $ 1.94 Diluted Earnings per Share $ 0.76 $ 0.69 $ 2.28 $ 1.87

5 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (unaudited) Three Months Ended September 30 Nine Months Ended September 30 (In thousands) Net income $ 835 $ 751 $ 2,490 $ 2,023 Other comprehensive income gain (loss), net of tax* Unrealized gains (losses) on securites: Unrealized holding gain (losses) arising during the period - - (5) (5) Less: reclassification adjustments for gains (losses) included in net income Net change in unrealized gains (losses) on securities - - (5) (5) Other comprehensive income gain (loss), net of tax* - - (5) (5) Comprehensive income $ 835 $ 751 $ 2,485 $ 2,018

6 CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY (unaudited) Six Months Ended June 30, 2018 and 2017 Ac c umula te d Common Additional Une a rne d Une a rne d Other Stock Paid-In RRP ES OP Comprehensive Re tained (In thousands) Amount Capital Shares Shares Inc ome (Loss) Ea rnings Total Balance, December 31, 2016 $ 11 $ 11,087 $ (4) $ (45 9) $ 21 $ 15,253 $ 25,909 Comprehensive income: Ne t in c o me ,023 2,02 3 Unrealized gains (losses) on securities available for sale, net of tax (5 ) - (5) To ta l c o mp re h e n s ive inc ome 2,018 ESOP shares released Cash out of stock options (10,951 shares) - (42 ) (26 ) (6 8) Stock option expense Exc e ss ta x be ne fit- RRP ve sting Cash dividends (153 ) (15 3) Balance September 30, 2017 $ 11 $ 11,097 $ (4) $ (43 4) $ 16 $ 17,104 $ 27,790 Balance, December 31, 2017 $ 11 $ 11,118 $ (4) $ (42 6) $ 16 $ 17,437 $ 28,152 Comprehensive income: Ne t in c o me ,490 2,49 0 Unrealized gains (losses) on securities available for sale, net of tax (5 ) - (5) To ta l c o mp re h e n s ive inc ome 2,485 ESOP shares released Cash out of stock options (2,196 shares) - (8 ) (27 ) (3 5) Exercise of stock options (8,127 shares) Stock option expense Amortization of awards under RRP Balance September 30, 2018 $ 11 $ 11,292 $ (4) $ (40 0) $ 11 $ 19,900 $ 30,810

7 CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) Nine Months Ended September 30 (In thousands) Cash flows from operating activities: Net income $ 2,490 $ 2,023 Adjustments to reconcile net income to net cash provided by operating activities: Provision for possible loan losses Depreciation and amortization Stock-based compensation expense, net of tax benefits ESOP shares released Net (gain)loss on sale of loans Net (gain)loss on sale of foreclosed assets 4 7 Income from change in cash surrender value of life insurance (83) (79) Deferred income tax benefit-current Year (125) (191) Net amortization(accretion) of premium(discount) and fair value adjustments to investments 8 8 Decrease(increase) in loans held for sale (275) 1,573 Decrease in foreclosed assets - (177) Increase in interest receivable and other assets (761) (364) Increase in accrued interest payable and other liabilities Total adjustments 366 1,863 Net cash provided by operating activities 2,856 3,886 Cash flows from investing activities: Proceeds from sales and maturities of investment securities Net purchase of FHLB stock and other equity investments (55) (9) Proceeds from sales of foreclosed assets (4) (7) Purchase of fixed assets (62) (369) Net increase in loans (13,367) (30,161) Net cash used by investing activities (13,411) (30,404) Cash flows from financing activities: Net increase in demand deposits and savings accounts 4,321 25,845 Net increase in time deposits 18,813 8,547 Increase(decrease) in advances from borrowers for insurance and taxes Net increase(decrease) in FHLB advances (3,284) (34) Expenditures from cash out of stock options (35) (68) Proceeds from exercise of stock options, including tax benefit Cash dividends paid on common stock - (153) Net cash provided by financing activities 19,972 34,188 Net increase in cash and cash equivalents 9,417 7,670 Cash and cash equivalents, at beginning of period 30,611 22,382 Cash and cash equivalents, at end of period $ 40,028 $ 30,052 Supplemental disclosures of cash flow information Cash paid during the period for: Interest on deposits and borrowed funds $ 2,099 $ 1,072 Income taxes $ 905 $ 1,200

ALLENDALE BANCORP, INC. AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS

ALLENDALE BANCORP, INC. AND SUBSIDIARY CONSOLIDATED BALANCE SHEETS CONSOLIDATED BALANCE SHEETS December 31, ASSETS Cash and Cash Equivalents Cash $ 2,063,294 $ 2,247,650 Due from banks, non-interest bearing 1,816,887 1,200,145 Federal funds sold 9,931 1,019,691 Total