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Tectonic Financial Inc. 9.00% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock

Shares of the Parent Company are not publicly Traded

Coupon is fixed at 9% until 5/15/2024 at which time it will float at 3 month libor and a spread of 6.70%

Ticker: TECTP

Parent Ticker: NA

OTC Grey Market Temporary Ticker: NA

Issuance Date: 05/29/2019

1st Call Date: 05/15/2024

Maturity Date: None

Shares Issued: 1,500,000

Overallotment Shares: 225,000

Coupon: 9.00%

Face Value: $10.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.225

Payment Months: FEB, MAY, AUG, NOV

Payment Day: 15

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: NR

Fitch Rating: NR

Egan-Jones Rating: NR