Exhibit 99

FOR IMMEDIATE RELEASE

Contact: Richard B. Hurd

Telephone: (414) 235-5207

1895 Bancorp of Wisconsin, Inc., Greenfield, Wisconsin

Announces Second Quarter Operating Results

Greenfield, Wisconsin, July 21, 2021, 1895 Bancorp of Wisconsin, Inc. Greenfield, Wisconsin [NASDAQ BCOW] today reported a fiscal second quarter net loss of $51,000, or basic and diluted earnings per share of ($0.01), for the quarter ended June 30, 2021, compared to net income of $194,000, or basic and diluted earnings per share of $0.04 for the quarter ended June 30, 2020. The decrease in net income was primarily due to a $489,000 decrease in non-interest income and a $386,000 increase in non-interest expense. This was partially offset by a $347,000 increase in net interest income. For the six months ended June 30, 2021, 1895 Bancorp reported net income of $470,000, or basic and diluted earnings per share of $0.10, for the six months ended June 30, 2021, compared to net income of $481,000, or basic and diluted earnings per share of $0.11 for the six months ended June 30, 2020.

Total assets increased $88.8 million, or 17.2%, to $605.6 million at June 30, 2021 from $516.8 million at December 31, 2020. Total shareholders’ equity increased $292,000, or 0.5%, to $60.3 million at June 30, 2021 from $60.0 million at December 31, 2020. 1895 Bancorp’s capital ratios remain in excess of those required to be considered well-capitalized under U.S. banking regulations.

1895 Bancorp of Wisconsin, Inc.

7001 W. Edgerton Avenue

Greenfield, WI 53220

SELECTED CONSOLIDATED FINANCIAL INFORMATION

(In Thousands, except per share data)

	6/30/2021		12/31/2020
Selected Financial Condition Data:	(Unaudited)
Total assets	$	605,577	$	516,757
Loans receivable, net		330,903		329,073
Allowance for loan losses		2,732		2,703
Cash and cash equivalents		145,817		92,526
Deposits		466,184		379,848
Advance payments by borrowers for taxes and insurance		9,167		2,737
FHLB advances		63,423		68,398
Shareholders equity		60,300		60,008

Selected Operations Data:	Three months ended					Six months ended
	6/30/2021			6/30/2020		6/30/2021		6/30/2020
	(Unaudited)			(Unaudited)		(Unaudited)		(Unaudited)
Total interest income	$	3,511		$	3,586	$	7,128	$	7,446
Total interest expense		393			815		849		1,774
Net interest income		3,118			2,771		6,279		5,672
Provision for loan losses		—			—		—		—
Net interest income after provisdion for loan losses		3,118			2,771		6,279		5,672
Non-interest income		1,134			1,623		2,743		2,229
Non-interest expense		4,361			3,975		8,450		7,048
Income before income taxes		(109	)		419		572		853
Income tax expense		(58	)		225		102		372
Net income	$	(51	)	$	194	$	470	$	481
Earnings per common share
Basic	$	(0.01	)	$	0.04	$	0.10	$	0.11
Diluted	$	(0.01	)	$	0.04	$	0.10	$	0.11