Exhibit 11.1
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Accountants’ Acknowledgment
The Victory Bancorp, Inc.
Limerick, Pennsylvania
We hereby agree to the inclusion in this offering circular of our report dated April 14, 2016, of our audit of the consolidated financial statements of The Victory Bancorp, Inc.
Harrisburg, Pennsylvania
May 19, 2016
BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.
BDO is the brand name for the BDO network and for each of the BDO Member Firms.