1045-00001 · Client 1045 · Transaction Documents

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EXHIBIT A

FORM OF NOTE

[FACE OF NOTE]

CONFIDENTIAL TREATMENT REQUESTED

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THIS NOTE NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE OFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED, HYPOTHECATED, OR OTHERWISE DISPOSED OF, EXCEPT AS SET FORTH BELOW.

BY ITS ACQUISITION HEREOF, THE HOLDER OF THIS NOTE (1) REPRESENTS THAT IT IS A "QUALIFIED INSTITUTIONAL BUYER" (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) PURCHASING THIS NOTE FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF ONE OR MORE QUALIFIED INSTITUTIONAL BUYERS; (2) AGREES THAT IT WILL NOT OFFER, SELL, PLEDGE, OR OTHERWISE TRANSFER THIS NOTE, EXCEPT (A) TO THE ISSUER OR ANY SUBSIDIARY THEREOF, (B) PURSUANT TO A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) TO A PERSON THE SELLER REASONABLY BELIEVES IS A "QUALIFIED INSTITUTIONAL BUYER" (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT ("RULE 144A")) PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A, (D) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF AVAILABLE), OR (E) PURSUANT TO ANY OTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, IN EACH CASE SUBJECT TO COMPLIANCE WITH ANY APPLICABLE STATE SECURITIES LAWS; AND (3) AGREES THAT IF IT SHALL TRANSFER THIS NOTE PURSUANT TO CLAUSE (D) OR (E) ABOVE, IT SHALL, PRIOR TO SUCH TRANSFER, FURNISH TO THE ISSUER AND THE TRUSTEE SUCH CERTIFICATIONS, LEGAL OPINIONS, OR OTHER EVIDENCE AS EITHER OF THEM MAY REASONABLY REQUIRE IN ORDER TO CONFIRM THAT SUCH TRANSFER IS BEING MADE PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. THE FOREGOING RESTRICTIONS ON RESALE WILL NOT APPLY SUBSEQUENT TO THE EXPIRATION OF THE APPLICABLE HOLDING PERIOD WITH RESPECT TO THIS NOTE UNDER RULE 144 UNDER THE SECURITIES ACT (OR ANY SUCCESSOR PROVISION). THE HOLDER AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS NOTE IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. REFERENCE IS HEREBY MADE TO SECTIONS 2.06, 2.07, AND 2.08 OF THE INDENTURE FOR A DESCRIPTION OF CERTAIN ADDITIONAL TRANSFER RESTRICTIONS APPLICABLE TO THIS NOTE.

THIS NOTE IS A GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST COMPANY ("DTC"), A NEW YORK CORPORATION, OR A NOMINEE THEREOF. THIS GLOBAL NOTE IS EXCHANGEABLE FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN DTC OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS NOTE (OTHER THAN A TRANSFER OF THIS NOTE AS A WHOLE BY DTC TO A NOMINEE OF DTC OR BY A NOMINEE OF DTC TO DTC OR ANOTHER NOMINEE OF DTC OR BY DTC OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITORY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITORY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES.

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF DTC TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

ANY REDEMPTION OR REPURCHASE OF THIS NOTE PRIOR TO MATURITY IS SUBJECT TO THE PRIOR APPROVAL OF THE OFFICE OF THE COMPTROLLER OF THE CURRENCY TO THE EXTENT SUCH APPROVAL IS THEN REQUIRED UNDER APPLICABLE LAW OR REGULATION, INCLUDING, WITHOUT LIMITATION, 12 C.F.R. PART 3.

BELMONT RIDGE BANK, NATIONAL ASSOCIATION

6.750% Fixed-to-Floating Rate Subordinated Note due 2036

Rule 144A

BELMONT RIDGE BANK, NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, OCC Charter No. 18742 (the "Issuer"), for value received, hereby promises to pay to Cede & Co., or registered assigns, the principal sum of THREE HUNDRED FIFTY MILLION DOLLARS ($350,000,000) on March 1, 2036 (the "Maturity Date"), unless earlier redeemed in accordance with the provisions hereof and of the Indenture referred to below, and to pay interest thereon as set forth below, until the principal hereof is paid or made available for payment.

INTEREST.

Fixed Rate Period. From and including February 24, 2026, to but excluding March 1, 2031 (the "Reset Date"), this Note shall bear interest at the rate of 6.750% per annum (the "Fixed Rate"). During the Fixed Rate Period, interest shall be computed on the basis of a 360-day year of twelve 30-day months (the "30/360" day count convention). During the Fixed Rate Period, interest on this Note shall be payable semi-annually in arrears on March 1 and September 1 of each year (each, an "Interest Payment Date" with respect to the Fixed Rate Period), commencing on September 1, 2026, and ending on March 1, 2031.

Floating Rate Period. From and including March 1, 2031, to but excluding the Maturity Date (or any earlier Redemption Date, if applicable), this Note shall bear interest at a floating rate per annum equal to Compounded SOFR plus 275 basis points (2.75%). "Compounded SOFR" shall have the meaning assigned to such term in the Indenture. During the Floating Rate Period, interest shall be computed on the basis of the actual number of days elapsed in the applicable interest period divided by 360 (the "Actual/360" day count convention). During the Floating Rate Period, interest on this Note shall be payable quarterly in arrears on March 1, June 1, September 1, and December 1 of each year (each, an "Interest Payment Date" with respect to the Floating Rate Period), commencing on June 1, 2031, and ending on the Maturity Date (or any earlier Redemption Date, if applicable).

In the event that the Secured Overnight Financing Rate is discontinued, becomes permanently unavailable, or is determined by the Issuer (or its designee) to be no longer representative, the benchmark replacement mechanics set forth in the Indenture shall apply. Reference is hereby made to Article IV of the Indenture for a complete description of the benchmark transition provisions, including the determination of a Benchmark Replacement, Benchmark Replacement Adjustment, and Benchmark Replacement Conforming Changes, each as defined in the Indenture.

General Interest Provisions. Interest on this Note shall accrue from and including the most recent Interest Payment Date to which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, from and including February 24, 2026. The record date for each Interest Payment Date shall be the close of business on the fifteenth (15th) calendar day preceding such Interest Payment Date, whether or not such day is a Business Day (each, a "Record Date"). Interest payable on each Interest Payment Date shall be payable to the Person in whose name this Note is registered at the close of business on the applicable Record Date.

If any Interest Payment Date, the Maturity Date, or any Redemption Date falls on a day that is not a Business Day, the required payment of principal, premium (if any), and/or interest shall be made on the next succeeding Business Day with the same force and effect as if made on such scheduled date, and no additional interest shall accrue for the period from and after such scheduled date to and including the date of such payment.

As used herein, "Business Day" has the meaning assigned to such term in the Indenture and means any day other than a Saturday, Sunday, or a day on which banking institutions in New York, New York or Boston, Massachusetts are authorized or obligated by law or executive order to close.

PAYMENT. The principal of, premium (if any), and interest on this Note shall be payable in United States dollars. So long as this Note remains a Global Note registered in the name of DTC or its nominee, all payments of principal, premium (if any), and interest due hereunder shall be made through the facilities of DTC in accordance with DTC's applicable procedures, and the Issuer, the Trustee, and the Paying Agent shall be entitled to treat DTC (or its nominee) as the owner of this Note for all purposes, including for purposes of making payments of principal, premium (if any), and interest. Payments of principal at maturity or upon redemption shall be made upon presentation and surrender of this Global Note at the Corporate Trust Office of the Trustee:

Brindoval Trust Company, National Association 100 Federal Street, Suite 800 Boston, Massachusetts 02110

Attention: Corporate Trust Administration

Brindoval Trust Company, National Association shall serve as the Paying Agent for this Note.

SUBORDINATION. This Note is a subordinated unsecured obligation of the Issuer. The indebtedness evidenced by this Note, including the principal hereof and interest hereon, is subordinate and junior in right of payment to all Senior Indebtedness (as defined in the Indenture) and all deposits of the Issuer, to the extent and in the manner set forth in Article XII of the Indenture.

This Note ranks pari passu in right of payment with (i) the Issuer's existing 5.250% Subordinated Notes due 2027 ($200,000,000 aggregate principal amount outstanding), issued under an Indenture dated as of November 15, 2017, between the Issuer and Brindoval Trust Company, National Association, as trustee, and (ii) all other present and future unsecured subordinated indebtedness of the Issuer that by its terms ranks equally with this Note.

This Note ranks senior in right of payment to all junior subordinated indebtedness of the Issuer, if any, and to all classes of equity securities of the Issuer, including common stock, preferred stock, and any other equity interest.

In the event of any liquidation, dissolution, receivership, conservatorship, insolvency, or similar proceeding relating to the Issuer, whether voluntary or involuntary, holders of this Note shall be entitled to receive payment of the principal of, premium (if any), and interest on this Note only after all Senior Indebtedness (as defined in the Indenture) and all deposits of the Issuer have been paid in full or adequate provision has been made therefor in accordance with the terms of such Senior Indebtedness and applicable law. Reference is hereby made to Article XII of the Indenture for a complete statement of the subordination provisions applicable to this Note.

Each Holder of this Note, by acceptance hereof, agrees to and shall be bound by the subordination provisions contained in Article XII of the Indenture and authorizes and directs the Trustee on such Holder's behalf to take such action as may be necessary or appropriate to acknowledge and effectuate the subordination as set forth therein.

OPTIONAL REDEMPTION.

*Par Call on or After the Reset Date*. The Issuer may, at its option, redeem the Notes in whole or in part on March 1, 2031 (the Reset Date), or on any Interest Payment Date thereafter, at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date (the "Redemption Price"). Any such redemption is subject to the prior approval of the Office of the Comptroller of the Currency (the "OCC") to the extent such approval is then required under applicable law or regulation.

*Tax Event Redemption*. At any time upon the occurrence of a "Tax Event" (as defined in the Indenture), the Issuer may redeem the Notes in whole (but not in part) at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date. Any such redemption is subject to the prior approval of the OCC to the extent such approval is then required under applicable law or regulation.

*Regulatory Capital Treatment Event Redemption*. At any time upon the occurrence of a "Regulatory Capital Treatment Event" (as defined in the Indenture), the Issuer may redeem the Notes in whole (but not in part) at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date. Any such redemption is subject to the prior approval of the OCC to the extent such approval is then required under applicable law or regulation.

*Redemption Procedures*. Notice of any redemption shall be given by the Issuer (or the Trustee, at the Issuer's request and at the Issuer's expense) to each registered Holder of Notes to be redeemed not fewer than ten (10) nor more than sixty (60) days before the Redemption Date. Such notice shall be given in accordance with the provisions of Section 3.03 of the Indenture and shall specify, among other things, the Redemption Date, the Redemption Price, and the principal amount of the Notes to be redeemed. In the event of a partial redemption, selection of Notes for redemption shall be made by the Trustee on a pro rata basis, by lot, or by such other method as the Trustee deems fair and appropriate, in accordance with the procedures of DTC. Reference is hereby made to Article III of the Indenture for a complete statement of the redemption provisions applicable to this Note. There is no sinking fund applicable to the Notes.

NO ACCELERATION. THE PRINCIPAL OF THIS NOTE MAY NOT BE ACCELERATED IN THE CASE OF AN EVENT OF DEFAULT UNDER THE INDENTURE OR OTHERWISE. This limitation on acceleration is consistent with, and is intended to ensure compliance with, the requirements for Tier 2 capital treatment of the Notes under 12 C.F.R. Part 3 (or any successor regulation). In the event of a default in the payment of principal of, premium (if any), or interest on this Note, or in the event of the occurrence of any other Event of Default under the Indenture, the sole remedy available to the Holders of the Notes shall be the right to institute suit for the enforcement of payment of principal, premium (if any), and interest when the same shall have become due and payable in accordance with the terms of this Note and the Indenture. Reference is hereby made to Article VI of the Indenture for a complete statement of the Events of Default applicable to the Notes and the limited remedies available to Holders upon the occurrence thereof.

REFERENCE TO INDENTURE; ADDITIONAL TERMS

This Note is one of a duly authorized issue of Notes of the Issuer designated as the "6.750% Fixed-to-Floating Rate Subordinated Notes due 2036" (the "Notes"), limited in aggregate principal amount to $350,000,000 (except as otherwise provided in the Indenture), issued under and governed by that certain Indenture, dated as of February 24, 2026 (as the same may be amended, supplemented, or otherwise modified from time to time, the "Indenture"), between the Issuer and Brindoval Trust Company, National Association, as Trustee (the "Trustee").

Capitalized terms used but not otherwise defined herein shall have the respective meanings assigned to them in the Indenture. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the "TIA"), to the extent applicable; provided, however, that the Notes are exempt from qualification under the TIA pursuant to Section 304(a)(4)(A) thereof as securities issued by a national banking association supervised by the Office of the Comptroller of the Currency. The Notes are subject to all such terms, and the Holders hereof are referred to the Indenture and the TIA (to the extent applicable) for a statement of such terms.

To the extent that any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling.

The Issuer has appointed Brindoval Trust Company, National Association to act as Trustee, Paying Agent, Registrar, and Transfer Agent with respect to the Notes, each at its office located at 100 Federal Street, Suite 800, Boston, Massachusetts 02110. The Issuer may change any Paying Agent, Registrar, or Transfer Agent without prior notice to the Holders. The Issuer or any of its subsidiaries may act in any such capacity.

FORM; BOOK-ENTRY; DENOMINATIONS

This Note is issuable only in registered form, without coupons, in minimum denominations of $150,000 and integral multiples of $1,000 in excess thereof. No service charge shall be made for any registration of transfer or exchange of this Note, but the Issuer or the Trustee may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith.

This Note is issuable only as a Global Note registered in the name of Cede & Co. (or such other nominee as may be designated by DTC). Beneficial interests in this Global Note shall be represented through, and transfers thereof shall be effected only through, book-entry accounts of financial institutions acting on behalf of beneficial owners as direct and indirect participants in DTC, in accordance with the rules and procedures of DTC.

Except as provided in Section 2.06 of the Indenture, the owner of a beneficial interest in this Global Note will not be entitled to receive physical delivery of Notes in definitive certificated form, and no such beneficial owner shall be considered the Holder of this Note for any purpose under the Indenture. Neither the Issuer, the Trustee, the Paying Agent, nor the Registrar shall have any responsibility or obligation in respect of the accuracy of the records of DTC or any participant or indirect participant of DTC with respect to any ownership interest in the Notes or in respect of any payments to, or the providing of notice to, beneficial owners.

TRANSFERS AND EXCHANGES

Transfers and exchanges of this Note (or beneficial interests herein) shall be effected only in accordance with the provisions of Article II of the Indenture, including Sections 2.06, 2.07, and 2.08 thereof, and in compliance with the transfer restriction legend set forth on the face of this Note.

The Registrar may require a Holder requesting any registration of transfer or exchange to furnish appropriate endorsements and transfer documents, and the Issuer may require a Holder to furnish any additional certifications, legal opinions, or other evidence reasonably required by the Issuer or the Trustee to confirm that any such transfer is being made pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

No service charge shall be made for any registration of transfer or exchange of this Note, but the Issuer or the Trustee may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith.

DEFEASANCE. The Indenture contains provisions for defeasance at any time of the entire indebtedness represented by the Notes upon compliance by the Issuer with certain conditions set forth in Article VIII of the Indenture. The Indenture also contains provisions for covenant defeasance upon compliance by the Issuer with certain conditions set forth in Article VIII of the Indenture, in each case subject to the limitations applicable to subordinated obligations intended to qualify as Tier 2 regulatory capital under 12 C.F.R. Part 3 (or any successor regulation) and subject to any requirements imposed by the OCC.

AMENDMENT; MODIFICATION; WAIVER

The Indenture permits, with certain exceptions as therein provided, the amendment, modification, or waiver of the rights and obligations of the Issuer and the rights of the Holders of the Notes at any time by the Issuer and the Trustee with the consent of the Holders of not less than a majority in aggregate principal amount of the Notes at the time Outstanding (as defined in the Indenture). The Indenture also contains provisions permitting the Holders of a majority in aggregate principal amount of the Notes at the time Outstanding, on behalf of the Holders of all Outstanding Notes, to waive compliance by the Issuer with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences.

Notwithstanding the foregoing, without the consent of each Holder of an Outstanding Note affected thereby, no amendment or waiver may, among other things, (i) change the Stated Maturity of the principal of, or any installment of interest on, any Note, (ii) reduce the principal amount of any Note or the rate of interest thereon, (iii) reduce the amount payable upon redemption of any Note, (iv) change the coin or currency in which any Note or interest thereon is payable, (v) impair the right to institute suit for the enforcement of any payment on or after the Stated Maturity of any Note (or, in the case of redemption, on or after the Redemption Date), (vi) reduce the above-stated percentage of Outstanding Notes the consent of whose Holders is required for any such amendment or waiver, or (vii) modify the subordination provisions of the Indenture in a manner materially adverse to the Holders.

The Indenture also permits amendment without Holder consent for certain specified purposes, including, without limitation, to cure any ambiguity, omission, defect, or inconsistency, to add covenants or Events of Default for the benefit of the Holders, to comply with any requirements of the OCC or the TIA, to evidence the succession of another entity to the Issuer, or to make any change that does not adversely affect the rights of any Holder in any material respect. Reference is hereby made to Article IX of the Indenture for a complete statement of the amendment and waiver provisions applicable to this Note.

GOVERNING LAW. This Note and the Indenture shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to the conflicts of laws principles thereof (other than Section 5-1401 of the New York General Obligations Law), except to the extent that the rights and obligations of the Issuer as a national banking association are governed by federal law, including, without limitation, the National Bank Act, regulations of the Office of the Comptroller of the Currency, and judicial decisions interpreting the same.

AUTHENTICATION. This Note shall not be valid or obligatory for any purpose until the Certificate of Authentication hereon has been manually or electronically executed by or on behalf of the Trustee under the Indenture.

CERTIFICATE OF AUTHENTICATION

This is one of the Notes referred to in the within-mentioned Indenture.

BRINDOVAL TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee

By: ________

Authorized Signatory

Date of Authentication: February 24, 2026

IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed as of the date set forth below.

BELMONT RIDGE BANK, NATIONAL ASSOCIATION

By: ________

Name: Marcus D. Harrington

Title: Chief Executive Officer

By: ________

Name: Priya Narasimhan

Title: Chief Financial Officer

Attest: ________

Name: Diane K. Wexler

Title: Corporate Secretary

[REVERSE OF NOTE]

ASSIGNMENT FORM.

To assign this Note, fill in the form below:

(I) or (we) assign and transfer this Note to:

________________________________________

(Insert assignee's social security or other taxpayer identifying number)

________________________________________

(Print or typewrite name and address, including zip code, of assignee)

and do hereby irrevocably constitute and appoint _______ as attorney to transfer said Note on the books of the Issuer, with full power of substitution in the premises.

Dated: ______

________________________________________

Signature of Registered Holder

NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within instrument in every particular, without alteration or enlargement or any change whatever.

SIGNATURE GUARANTEE:

Signatures must be guaranteed by an "eligible guarantor institution" meeting the requirements of the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program ("STAMP") or such other "signature guarantee program" as may be determined by the Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended.

________________________________________

Signature Guarantee

________________________________________

Name of Eligible Guarantor Institution

________________________________________

Title of Authorized Signatory

________________________________________

Date

CERTIFICATE FOR TRANSFER OR EXCHANGE

The undersigned hereby certifies that it is transferring its interest in the within Note as follows (check one box below):

Rule 144A Transfer. This transfer is being effected pursuant to and in compliance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and the transferee is a person the transferor reasonably believes is a "qualified institutional buyer" (as defined in Rule 144A) that is acquiring this Note for its own account or for the account of one or more qualified institutional buyers, in each case in a transaction meeting the requirements of Rule 144A. The transferor has complied with all applicable conditions to such transfer set forth in the Indenture.

Effective Registration Statement. This transfer is being effected pursuant to a registration statement that has been declared effective under the Securities Act, and the transferee is acquiring this Note in compliance with such registration statement and the prospectus delivery requirements applicable thereto.

Rule 144 Transfer. This transfer is being effected pursuant to and in compliance with Rule 144 under the Securities Act (if available). The transferor represents that it has complied with all applicable conditions and limitations of Rule 144, and the transferor has delivered (or is simultaneously delivering) to the Issuer and the Trustee such certifications and other evidence as the Issuer and the Trustee have reasonably required to confirm compliance therewith.

Other Exemption. This transfer is being effected pursuant to another exemption from the registration requirements of the Securities Act, specifically: ______. The transferor has delivered (or is simultaneously delivering) to the Issuer and the Trustee a legal opinion of counsel, which counsel and opinion are reasonably acceptable to the Issuer, to the effect that such transfer is in compliance with the Securities Act and applicable state securities laws.

________________________________________

Signature of Transferor

________________________________________

Name of Transferor (Print)

Date: ________

SCHEDULE OF INCREASES AND DECREASES IN GLOBAL NOTE

The following increases and decreases in the principal amount of this Global Note have been made:

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CUSIP:	082651 AB7
ISIN:	US082651AB73
Aggregate Principal Amount:	$350,000,000 (THREE HUNDRED FIFTY MILLION DOLLARS)
Denomination:	Minimum $150,000 and integral multiples of $1,000 in excess thereof
Original Issue Date:	February 24, 2026
Maturity Date:	March 1, 2036
Issue Price:	99.750% of the aggregate principal amount
Registered Owner:	Cede & Co. (as nominee of The Depository Trust Company)
Date of Exchange	Amount of Decrease in Principal Amount of this Global Note	Amount of Increase in Principal Amount of this Global Note	Principal Amount of this Global Note Following Such Decrease or Increase	Signature of Authorized Signatory of Trustee
February 24, 2026	—	—	$350,000,000	_____

EXHIBIT A
FORM OF NOTE
[FACE OF NOTE]
CONFIDENTIAL TREATMENT REQUESTED
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THIS NOTE NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE OFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED, HYPOTHECATED, OR OTHERWISE DISPOSED OF, EXCEPT AS SET FORTH BELOW.
BY ITS ACQUISITION HEREOF, THE HOLDER OF THIS NOTE (1) REPRESENTS THAT IT IS A "QUALIFIED INSTITUTIONAL BUYER" (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) PURCHASING THIS NOTE FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF ONE OR MORE QUALIFIED INSTITUTIONAL BUYERS; (2) AGREES THAT IT WILL NOT OFFER, SELL, PLEDGE, OR OTHERWISE TRANSFER THIS NOTE, EXCEPT (A) TO THE ISSUER OR ANY SUBSIDIARY THEREOF, (B) PURSUANT TO A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) TO A PERSON THE SELLER REASONABLY BELIEVES IS A "QUALIFIED INSTITUTIONAL BUYER" (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT ("RULE 144A")) PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A, (D) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF AVAILABLE), OR (E) PURSUANT TO ANY OTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, IN EACH CASE SUBJECT TO COMPLIANCE WITH ANY APPLICABLE STATE SECURITIES LAWS; AND (3) AGREES THAT IF IT SHALL TRANSFER THIS NOTE PURSUANT TO CLAUSE (D) OR (E) ABOVE, IT SHALL, PRIOR TO SUCH TRANSFER, FURNISH TO THE ISSUER AND THE TRUSTEE SUCH CERTIFICATIONS, LEGAL OPINIONS, OR OTHER EVIDENCE AS EITHER OF THEM MAY REASONABLY REQUIRE IN ORDER TO CONFIRM THAT SUCH TRANSFER IS BEING MADE PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. THE FOREGOING RESTRICTIONS ON RESALE WILL NOT APPLY SUBSEQUENT TO THE EXPIRATION OF THE APPLICABLE HOLDING PERIOD WITH RESPECT TO THIS NOTE UNDER RULE 144 UNDER THE SECURITIES ACT (OR ANY SUCCESSOR PROVISION). THE HOLDER AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS NOTE IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. REFERENCE IS HEREBY MADE TO SECTIONS 2.06, 2.07, AND 2.08 OF THE INDENTURE FOR A DESCRIPTION OF CERTAIN ADDITIONAL TRANSFER RESTRICTIONS APPLICABLE TO THIS NOTE.
THIS NOTE IS A GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST COMPANY ("DTC"), A NEW YORK CORPORATION, OR A NOMINEE THEREOF. THIS GLOBAL NOTE IS EXCHANGEABLE FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN DTC OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS NOTE (OTHER THAN A TRANSFER OF THIS NOTE AS A WHOLE BY DTC TO A NOMINEE OF DTC OR BY A NOMINEE OF DTC TO DTC OR ANOTHER NOMINEE OF DTC OR BY DTC OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITORY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITORY) MAY BE REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES.
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF DTC TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
ANY REDEMPTION OR REPURCHASE OF THIS NOTE PRIOR TO MATURITY IS SUBJECT TO THE PRIOR APPROVAL OF THE OFFICE OF THE COMPTROLLER OF THE CURRENCY TO THE EXTENT SUCH APPROVAL IS THEN REQUIRED UNDER APPLICABLE LAW OR REGULATION, INCLUDING, WITHOUT LIMITATION, 12 C.F.R. PART 3.
BELMONT RIDGE BANK, NATIONAL ASSOCIATION
6.750% Fixed-to-Floating Rate Subordinated Note due 2036
Rule 144A
BELMONT RIDGE BANK, NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, OCC Charter No. 18742 (the "Issuer"), for value received, hereby promises to pay to Cede & Co., or registered assigns, the principal sum of THREE HUNDRED FIFTY MILLION DOLLARS ($350,000,000) on March 1, 2036 (the "Maturity Date"), unless earlier redeemed in accordance with the provisions hereof and of the Indenture referred to below, and to pay interest thereon as set forth below, until the principal hereof is paid or made available for payment.
INTEREST.  
Fixed Rate Period.  From and including February 24, 2026, to but excluding March 1, 2031 (the "Reset Date"), this Note shall bear interest at the rate of 6.750% per annum (the "Fixed Rate"). During the Fixed Rate Period, interest shall be computed on the basis of a 360-day year of twelve 30-day months (the "30/360" day count convention). During the Fixed Rate Period, interest on this Note shall be payable semi-annually in arrears on March 1 and September 1 of each year (each, an "Interest Payment Date" with respect to the Fixed Rate Period), commencing on September 1, 2026, and ending on March 1, 2031.
Floating Rate Period.  From and including March 1, 2031, to but excluding the Maturity Date (or any earlier Redemption Date, if applicable), this Note shall bear interest at a floating rate per annum equal to Compounded SOFR plus 275 basis points (2.75%). "Compounded SOFR" shall have the meaning assigned to such term in the Indenture. During the Floating Rate Period, interest shall be computed on the basis of the actual number of days elapsed in the applicable interest period divided by 360 (the "Actual/360" day count convention). During the Floating Rate Period, interest on this Note shall be payable quarterly in arrears on March 1, June 1, September 1, and December 1 of each year (each, an "Interest Payment Date" with respect to the Floating Rate Period), commencing on June 1, 2031, and ending on the Maturity Date (or any earlier Redemption Date, if applicable).
In the event that the Secured Overnight Financing Rate is discontinued, becomes permanently unavailable, or is determined by the Issuer (or its designee) to be no longer representative, the benchmark replacement mechanics set forth in the Indenture shall apply. Reference is hereby made to Article IV of the Indenture for a complete description of the benchmark transition provisions, including the determination of a Benchmark Replacement, Benchmark Replacement Adjustment, and Benchmark Replacement Conforming Changes, each as defined in the Indenture.
General Interest Provisions.  Interest on this Note shall accrue from and including the most recent Interest Payment Date to which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, from and including February 24, 2026. The record date for each Interest Payment Date shall be the close of business on the fifteenth (15th) calendar day preceding such Interest Payment Date, whether or not such day is a Business Day (each, a "Record Date"). Interest payable on each Interest Payment Date shall be payable to the Person in whose name this Note is registered at the close of business on the applicable Record Date.
If any Interest Payment Date, the Maturity Date, or any Redemption Date falls on a day that is not a Business Day, the required payment of principal, premium (if any), and/or interest shall be made on the next succeeding Business Day with the same force and effect as if made on such scheduled date, and no additional interest shall accrue for the period from and after such scheduled date to and including the date of such payment.
As used herein, "Business Day" has the meaning assigned to such term in the Indenture and means any day other than a Saturday, Sunday, or a day on which banking institutions in New York, New York or Boston, Massachusetts are authorized or obligated by law or executive order to close.
PAYMENT.  The principal of, premium (if any), and interest on this Note shall be payable in United States dollars. So long as this Note remains a Global Note registered in the name of DTC or its nominee, all payments of principal, premium (if any), and interest due hereunder shall be made through the facilities of DTC in accordance with DTC's applicable procedures, and the Issuer, the Trustee, and the Paying Agent shall be entitled to treat DTC (or its nominee) as the owner of this Note for all purposes, including for purposes of making payments of principal, premium (if any), and interest. Payments of principal at maturity or upon redemption shall be made upon presentation and surrender of this Global Note at the Corporate Trust Office of the Trustee:
Brindoval Trust Company, National Association 100 Federal Street, Suite 800 Boston, Massachusetts 02110
Attention: Corporate Trust Administration
Brindoval Trust Company, National Association shall serve as the Paying Agent for this Note.
SUBORDINATION.  This Note is a subordinated unsecured obligation of the Issuer. The indebtedness evidenced by this Note, including the principal hereof and interest hereon, is subordinate and junior in right of payment to all Senior Indebtedness (as defined in the Indenture) and all deposits of the Issuer, to the extent and in the manner set forth in Article XII of the Indenture.
This Note ranks pari passu in right of payment with (i) the Issuer's existing 5.250% Subordinated Notes due 2027 ($200,000,000 aggregate principal amount outstanding), issued under an Indenture dated as of November 15, 2017, between the Issuer and Brindoval Trust Company, National Association, as trustee, and (ii) all other present and future unsecured subordinated indebtedness of the Issuer that by its terms ranks equally with this Note.
This Note ranks senior in right of payment to all junior subordinated indebtedness of the Issuer, if any, and to all classes of equity securities of the Issuer, including common stock, preferred stock, and any other equity interest.
In the event of any liquidation, dissolution, receivership, conservatorship, insolvency, or similar proceeding relating to the Issuer, whether voluntary or involuntary, holders of this Note shall be entitled to receive payment of the principal of, premium (if any), and interest on this Note only after all Senior Indebtedness (as defined in the Indenture) and all deposits of the Issuer have been paid in full or adequate provision has been made therefor in accordance with the terms of such Senior Indebtedness and applicable law. Reference is hereby made to Article XII of the Indenture for a complete statement of the subordination provisions applicable to this Note.
Each Holder of this Note, by acceptance hereof, agrees to and shall be bound by the subordination provisions contained in Article XII of the Indenture and authorizes and directs the Trustee on such Holder's behalf to take such action as may be necessary or appropriate to acknowledge and effectuate the subordination as set forth therein.
OPTIONAL REDEMPTION.  
*Par Call on or After the Reset Date*.  The Issuer may, at its option, redeem the Notes in whole or in part on March 1, 2031 (the Reset Date), or on any Interest Payment Date thereafter, at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date (the "Redemption Price"). Any such redemption is subject to the prior approval of the Office of the Comptroller of the Currency (the "OCC") to the extent such approval is then required under applicable law or regulation.
*Tax Event Redemption*.  At any time upon the occurrence of a "Tax Event" (as defined in the Indenture), the Issuer may redeem the Notes in whole (but not in part) at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date. Any such redemption is subject to the prior approval of the OCC to the extent such approval is then required under applicable law or regulation.
*Regulatory Capital Treatment Event Redemption*.  At any time upon the occurrence of a "Regulatory Capital Treatment Event" (as defined in the Indenture), the Issuer may redeem the Notes in whole (but not in part) at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date. Any such redemption is subject to the prior approval of the OCC to the extent such approval is then required under applicable law or regulation.
*Redemption Procedures*.  Notice of any redemption shall be given by the Issuer (or the Trustee, at the Issuer's request and at the Issuer's expense) to each registered Holder of Notes to be redeemed not fewer than ten (10) nor more than sixty (60) days before the Redemption Date. Such notice shall be given in accordance with the provisions of Section 3.03 of the Indenture and shall specify, among other things, the Redemption Date, the Redemption Price, and the principal amount of the Notes to be redeemed. In the event of a partial redemption, selection of Notes for redemption shall be made by the Trustee on a pro rata basis, by lot, or by such other method as the Trustee deems fair and appropriate, in accordance with the procedures of DTC. Reference is hereby made to Article III of the Indenture for a complete statement of the redemption provisions applicable to this Note. There is no sinking fund applicable to the Notes.
NO ACCELERATION.  THE PRINCIPAL OF THIS NOTE MAY NOT BE ACCELERATED IN THE CASE OF AN EVENT OF DEFAULT UNDER THE INDENTURE OR OTHERWISE. This limitation on acceleration is consistent with, and is intended to ensure compliance with, the requirements for Tier 2 capital treatment of the Notes under 12 C.F.R. Part 3 (or any successor regulation). In the event of a default in the payment of principal of, premium (if any), or interest on this Note, or in the event of the occurrence of any other Event of Default under the Indenture, the sole remedy available to the Holders of the Notes shall be the right to institute suit for the enforcement of payment of principal, premium (if any), and interest when the same shall have become due and payable in accordance with the terms of this Note and the Indenture. Reference is hereby made to Article VI of the Indenture for a complete statement of the Events of Default applicable to the Notes and the limited remedies available to Holders upon the occurrence thereof.
REFERENCE TO INDENTURE; ADDITIONAL TERMS
This Note is one of a duly authorized issue of Notes of the Issuer designated as the "6.750% Fixed-to-Floating Rate Subordinated Notes due 2036" (the "Notes"), limited in aggregate principal amount to $350,000,000 (except as otherwise provided in the Indenture), issued under and governed by that certain Indenture, dated as of February 24, 2026 (as the same may be amended, supplemented, or otherwise modified from time to time, the "Indenture"), between the Issuer and Brindoval Trust Company, National Association, as Trustee (the "Trustee").
Capitalized terms used but not otherwise defined herein shall have the respective meanings assigned to them in the Indenture. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (the "TIA"), to the extent applicable; provided, however, that the Notes are exempt from qualification under the TIA pursuant to Section 304(a)(4)(A) thereof as securities issued by a national banking association supervised by the Office of the Comptroller of the Currency. The Notes are subject to all such terms, and the Holders hereof are referred to the Indenture and the TIA (to the extent applicable) for a statement of such terms.
To the extent that any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling.
The Issuer has appointed Brindoval Trust Company, National Association to act as Trustee, Paying Agent, Registrar, and Transfer Agent with respect to the Notes, each at its office located at 100 Federal Street, Suite 800, Boston, Massachusetts 02110. The Issuer may change any Paying Agent, Registrar, or Transfer Agent without prior notice to the Holders. The Issuer or any of its subsidiaries may act in any such capacity.
FORM; BOOK-ENTRY; DENOMINATIONS
This Note is issuable only in registered form, without coupons, in minimum denominations of $150,000 and integral multiples of $1,000 in excess thereof. No service charge shall be made for any registration of transfer or exchange of this Note, but the Issuer or the Trustee may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith.
This Note is issuable only as a Global Note registered in the name of Cede & Co. (or such other nominee as may be designated by DTC). Beneficial interests in this Global Note shall be represented through, and transfers thereof shall be effected only through, book-entry accounts of financial institutions acting on behalf of beneficial owners as direct and indirect participants in DTC, in accordance with the rules and procedures of DTC.
Except as provided in Section 2.06 of the Indenture, the owner of a beneficial interest in this Global Note will not be entitled to receive physical delivery of Notes in definitive certificated form, and no such beneficial owner shall be considered the Holder of this Note for any purpose under the Indenture. Neither the Issuer, the Trustee, the Paying Agent, nor the Registrar shall have any responsibility or obligation in respect of the accuracy of the records of DTC or any participant or indirect participant of DTC with respect to any ownership interest in the Notes or in respect of any payments to, or the providing of notice to, beneficial owners.
TRANSFERS AND EXCHANGES
Transfers and exchanges of this Note (or beneficial interests herein) shall be effected only in accordance with the provisions of Article II of the Indenture, including Sections 2.06, 2.07, and 2.08 thereof, and in compliance with the transfer restriction legend set forth on the face of this Note.
The Registrar may require a Holder requesting any registration of transfer or exchange to furnish appropriate endorsements and transfer documents, and the Issuer may require a Holder to furnish any additional certifications, legal opinions, or other evidence reasonably required by the Issuer or the Trustee to confirm that any such transfer is being made pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
No service charge shall be made for any registration of transfer or exchange of this Note, but the Issuer or the Trustee may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith.
DEFEASANCE.  The Indenture contains provisions for defeasance at any time of the entire indebtedness represented by the Notes upon compliance by the Issuer with certain conditions set forth in Article VIII of the Indenture. The Indenture also contains provisions for covenant defeasance upon compliance by the Issuer with certain conditions set forth in Article VIII of the Indenture, in each case subject to the limitations applicable to subordinated obligations intended to qualify as Tier 2 regulatory capital under 12 C.F.R. Part 3 (or any successor regulation) and subject to any requirements imposed by the OCC.
AMENDMENT; MODIFICATION; WAIVER
The Indenture permits, with certain exceptions as therein provided, the amendment, modification, or waiver of the rights and obligations of the Issuer and the rights of the Holders of the Notes at any time by the Issuer and the Trustee with the consent of the Holders of not less than a majority in aggregate principal amount of the Notes at the time Outstanding (as defined in the Indenture). The Indenture also contains provisions permitting the Holders of a majority in aggregate principal amount of the Notes at the time Outstanding, on behalf of the Holders of all Outstanding Notes, to waive compliance by the Issuer with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences.
Notwithstanding the foregoing, without the consent of each Holder of an Outstanding Note affected thereby, no amendment or waiver may, among other things, (i) change the Stated Maturity of the principal of, or any installment of interest on, any Note, (ii) reduce the principal amount of any Note or the rate of interest thereon, (iii) reduce the amount payable upon redemption of any Note, (iv) change the coin or currency in which any Note or interest thereon is payable, (v) impair the right to institute suit for the enforcement of any payment on or after the Stated Maturity of any Note (or, in the case of redemption, on or after the Redemption Date), (vi) reduce the above-stated percentage of Outstanding Notes the consent of whose Holders is required for any such amendment or waiver, or (vii) modify the subordination provisions of the Indenture in a manner materially adverse to the Holders.
The Indenture also permits amendment without Holder consent for certain specified purposes, including, without limitation, to cure any ambiguity, omission, defect, or inconsistency, to add covenants or Events of Default for the benefit of the Holders, to comply with any requirements of the OCC or the TIA, to evidence the succession of another entity to the Issuer, or to make any change that does not adversely affect the rights of any Holder in any material respect. Reference is hereby made to Article IX of the Indenture for a complete statement of the amendment and waiver provisions applicable to this Note.
GOVERNING LAW.  This Note and the Indenture shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to the conflicts of laws principles thereof (other than Section 5-1401 of the New York General Obligations Law), except to the extent that the rights and obligations of the Issuer as a national banking association are governed by federal law, including, without limitation, the National Bank Act, regulations of the Office of the Comptroller of the Currency, and judicial decisions interpreting the same.
AUTHENTICATION.  This Note shall not be valid or obligatory for any purpose until the Certificate of Authentication hereon has been manually or electronically executed by or on behalf of the Trustee under the Indenture.
CERTIFICATE OF AUTHENTICATION
This is one of the Notes referred to in the within-mentioned Indenture.
BRINDOVAL TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee
By: ________
Authorized Signatory
Date of Authentication: February 24, 2026
IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed as of the date set forth below.
BELMONT RIDGE BANK, NATIONAL ASSOCIATION
By: ________
Name: Marcus D. Harrington
Title: Chief Executive Officer
By: ________
Name: Priya Narasimhan
Title: Chief Financial Officer
Attest: ________
Name: Diane K. Wexler
Title: Corporate Secretary
[REVERSE OF NOTE]
ASSIGNMENT FORM.  
To assign this Note, fill in the form below:
(I) or (we) assign and transfer this Note to:
________________________________________
(Insert assignee's social security or other taxpayer identifying number)
________________________________________
________________________________________
________________________________________
(Print or typewrite name and address, including zip code, of assignee)
and do hereby irrevocably constitute and appoint _______ as attorney to transfer said Note on the books of the Issuer, with full power of substitution in the premises.
Dated: ______
________________________________________
Signature of Registered Holder
NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within instrument in every particular, without alteration or enlargement or any change whatever.
SIGNATURE GUARANTEE:
Signatures must be guaranteed by an "eligible guarantor institution" meeting the requirements of the Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program ("STAMP") or such other "signature guarantee program" as may be determined by the Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act of 1934, as amended.
________________________________________
Signature Guarantee
________________________________________
Name of Eligible Guarantor Institution
________________________________________
Title of Authorized Signatory
________________________________________
Date
CERTIFICATE FOR TRANSFER OR EXCHANGE
The undersigned hereby certifies that it is transferring its interest in the within Note as follows (check one box below):
Rule 144A Transfer. This transfer is being effected pursuant to and in compliance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and the transferee is a person the transferor reasonably believes is a "qualified institutional buyer" (as defined in Rule 144A) that is acquiring this Note for its own account or for the account of one or more qualified institutional buyers, in each case in a transaction meeting the requirements of Rule 144A. The transferor has complied with all applicable conditions to such transfer set forth in the Indenture.
Effective Registration Statement. This transfer is being effected pursuant to a registration statement that has been declared effective under the Securities Act, and the transferee is acquiring this Note in compliance with such registration statement and the prospectus delivery requirements applicable thereto.
Rule 144 Transfer. This transfer is being effected pursuant to and in compliance with Rule 144 under the Securities Act (if available). The transferor represents that it has complied with all applicable conditions and limitations of Rule 144, and the transferor has delivered (or is simultaneously delivering) to the Issuer and the Trustee such certifications and other evidence as the Issuer and the Trustee have reasonably required to confirm compliance therewith.
Other Exemption. This transfer is being effected pursuant to another exemption from the registration requirements of the Securities Act, specifically: ______. The transferor has delivered (or is simultaneously delivering) to the Issuer and the Trustee a legal opinion of counsel, which counsel and opinion are reasonably acceptable to the Issuer, to the effect that such transfer is in compliance with the Securities Act and applicable state securities laws.
________________________________________
Signature of Transferor
________________________________________
Name of Transferor (Print)
Date: ________
SCHEDULE OF INCREASES AND DECREASES IN GLOBAL NOTE
The following increases and decreases in the principal amount of this Global Note have been made:
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CUSIP: | 082651 AB7
ISIN: | US082651AB73
Aggregate Principal Amount: | $350,000,000 (THREE HUNDRED FIFTY MILLION DOLLARS)
Denomination: | Minimum $150,000 and integral multiples of $1,000 in excess thereof
Original Issue Date: | February 24, 2026
Maturity Date: | March 1, 2036
Issue Price: | 99.750% of the aggregate principal amount
Registered Owner: | Cede & Co. (as nominee of The Depository Trust Company)
Date of Exchange | Amount of Decrease in Principal Amount of this Global Note | Amount of Increase in Principal Amount of this Global Note | Principal Amount of this Global Note Following Such Decrease or Increase | Signature of Authorized Signatory of Trustee
February 24, 2026 | — | — | $350,000,000 | _____

EXHIBIT A

FORM OF NOTE

CONFIDENTIAL TREATMENT REQUESTED

BELMONT RIDGE BANK, NATIONAL ASSOCIATION

INTEREST.

OPTIONAL REDEMPTION.

TRANSFERS AND EXCHANGES

CERTIFICATE OF AUTHENTICATION

BELMONT RIDGE BANK, NATIONAL ASSOCIATION

ASSIGNMENT FORM.

SIGNATURE GUARANTEE:

CERTIFICATE FOR TRANSFER OR EXCHANGE

SCHEDULE OF INCREASES AND DECREASES IN GLOBAL NOTE

Record

Parties

Dates

Amounts