ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On January 28, 2026, Journey Bank (the "Bank"), the wholly-owned subsidiary of Muncy Columbia Financial (the "Company"), entered into an Asset Purchase and Interim Servicing Agreement (the "Agreement") with RCF II Loan Acquisition, LP (the "Purchaser") and Raymond James Mortgage Company, Inc. (the "Facilitator"), pursuant to which the Bank agreed to sell a portfolio of 82 individual delinquent, nonperforming or reperforming 1-4 family residential mortgage loans. The purchase price was approximately $9.1 million and was paid in cash. The outstanding principal balance of the loans was approximately $9.8 million. The resulting pretax charge of approximately $0.7 million will be recognized during the quarter ending March 31, 2026. The Agreement contains customary representations, warranties, covenants, repurchase obligations and indemnification provisions.

The foregoing summary of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, which is filed as Exhibit 10.1 to this current report on Form 8-K and incorporated herein by reference.