Sb Financial Group, Inc. · NASDAQ:SBFG
Sb Financial — Rurban Financial — Shareholder Meeting (April 2010)
19 slides from Sb Financial's shareholder meeting presentation, Apr 22, 2010
Slide 1: 27th Annual Meeting of Shareholders
27th Annual Meeting of Shareholders April 22, 2010 Welcome and Call To Order Mark A. Klein President and CEO Rurban Financial Corp. and The State Bank and Trust Company
Slide 2: Annual Meeting Agenda
Rurban Financial Corp. Annual Meeting Agenda ¾ Introductions ¾ Chairman’s Remarks ¾ Rurban Overview ¾ Rurban’s Progress and Strategy ¾ RDSI Update ¾ Election Results ¾ Questions Rurban Financial Corp. Special Guests ¾BKD, LLP – Craig Liechty ¾Plante Moran – Bob Funke ¾Vorys, Sater, Seymour & Pease,
Slide 3: Anthony V. Cosentino; Executive Management
Anthony V. Cosentino ¾Chief Financial Officer for Rurban and The State Bank and Trust Company ¾25 year financial executive with experience in regional and community banks ¾BS-Miami; MBA-Ohio State ¾Certified Public Accountant ¾Will be relocating to the Defiance community The State Bank and Trust Com
Slide 4: Management and SB&T Advisory Board Members
The State Bank and Trust Company Management ¾Head of Operations – Michael D. Ebbeskotte ¾Chief Deposit Officer – Kristen K. Nusbaum ¾Residential Real Estate – Pamela Benedict ¾Residential Real Estate, Columbus – Steven J. Watson Rurban Financial Corp. SB&T - Advisory Board Members Fulton County Paul
Slide 5: Director Overview and Insight
Rurban Financial Corp. Annual Meeting Agenda ¾ Introductions ¾ Chairman’s Remarks ¾ Rurban Overview ¾ Rurban’s Progress and Strategy ¾ RDSI Update ¾ Election Results ¾ Questions Rurban Financial Corp. Director Overview and Insight Steven D. VanDemark ¾Chairman, Rurban Financial Corp. ¾Chairman, The
Slide 6: Board of Directors
Rurban Financial Corp. Board of Directors 2010 Thomas M. Callan Richard L. Hardgrove* Mark A. Klein Steven D. VanDemark* 2011 2012 John R. Compo Thomas A. Buis Robert A. Fawcett, Jr. Kenneth A. Joyce Gaylyn J. Finn Thomas L. Sauer Rita A. Kissner Dr. J. Michael Walz* * Indicates RDSI Board Member Ru
Slide 7: Annual Meeting Agenda
Mark A. Klein Anthony V. Cosentino President and CEO CFO Rurban Financial Corp. and The State Bank and Trust Company Rurban Financial Corp. Annual Meeting Agenda ¾ Introductions ¾ Chairman’s Remarks ¾ Rurban Overview ¾ Rurban’s Progress and Strategy ¾ RDSI Update ¾ Election Results ¾ Questions
Slide 8: Profile
Rurban Financial Corp. Profile ¾ Headquartered in Defiance, Ohio ¾ Listed on NASDAQ Global Market: RBNF ¾ Nineteen (19) Banking Centers and a Loan Production Office in seventeen communities in Ohio and Indiana ¾ $673 million in assets at December 31, 2009 ¾ Two wholly-owned subsidiaries: • The State
Slide 9: Net Income and Earnings Per Share; Asset Quality
Rurban Financial Corp. Net Income and Earnings Per Share Net Income EPS $6.0 $1.20 $1.06 $5.0 $1.00 $5.2 $4.0 $0.65 $0.80 Millions $0.55 $3.0 $0.60 $3.3 $2.0 $2.8 $0.40 $0.15 $1.0 $0.07 $0.20 $0.0 $0.7 $0.4 $0.00 2005 2006 2007 2008 2009 Net Income EPS Rurban Financial Corp. Asset Quality NPAs / Ass
Slide 10: Asset Quality; Efficiency Ratio
Rurban Financial Corp. Asset Quality Loan Loss Reserve / Loans 2.50% 2.00% 1.55% 1.44% 1.50% 1.03% 1.12% 1.00% 1.00% 0.50% 0.00% 2005 2006 2007 2008 2009 Rurban Financial Corp. Efficiency Ratio The State Bank vs. Ohio Averages 100.0% 95% 90.0% 88% 80% 80.0% 73% 72% 74% 73% 69% 72% 70.0% 67% 60.0% 50
Slide 11: Focus on Our Future: Return on Assets
Mark Klein Focus on Our Future Rurban Financial Corp. Return on Assets 1.20% 1.00% 0.91% 0.89% 0.87% 0.71% 0.80% 0.60% 0.50% 0.59% 0.38% 0.40% 0.27% 0.16% 0.20% 0.06% 0.00% 2005 2006 2007 2008 2009 Rurban Ohio Average * KBW Report – Ohio Publicly Traded Banks Peer Analysis, Ohio Averages
Slide 12: Earnings – Excluding LLP; Residential Mortgage Production
The State Bank and Trust Company Earnings – Excluding LLP Net Income Excludes Loan Loss Provision and Holding Company Expenses EPS $7.0 $1.21 $1.04 $1.20 $6.0 $5.9 $1.00 $5.0 $0.72 Millions $0.74 $5.1 $0.80 $4.0 $0.50 $3.0 $0.60 $3.7 $3.6 $2.0 $0.40 $2.5 $1.0 $0.20 $0.0 $0.00 2005 2006 2007 2008 200
Slide 13: Referrals; 2010 and Beyond
The State Bank and Trust Company Referrals 2,500 2,242 2,000 1,500 1,330 1,050 1,000 860 431 289 401 500 134 0 2006 2007 2008 2009 Referrals Closed Referrals The State Bank and Trust Company ¾ 2010 and beyond • Strong Strategic Planning Process Reestablish Consistent Growth in Earnings Improving
Slide 14: Annual Meeting Agenda: Kenneth A. Joyce
Rurban Financial Corp. Annual Meeting Agenda ¾ Introductions ¾ Chairman’s Remarks ¾ Rurban Overview ¾ Rurban’s Progress and Strategy ¾ RDSI Update ¾ Election Results ¾ Questions Kenneth A. Joyce President and CEO
Slide 15: RDSI Directors and Management Team
¾ Daniel W. Farrell, Jr. Chairman ¾ Kenneth A. Joyce RDSI ¾ Donald E. DeWitt Directors. ¾ Richard L. Hardgrove ¾ John W. Schock ¾ Steven D. VanDemark ¾ Dr. J. Michael Walz ¾William C. Brandt ¾James M. Bremer RDSI ¾Jon A. Brenneman Management Team. ¾Timothy Pearson ¾Gary A. Saxman ¾Jeffrey D. Sewell
Slide 16: Ken Joyce; RDSI Overview
¾Executive Vice Chairman Rurban Financial Corp. ¾Transitioning to RDSI upon Ken RDSI Spin-off Joyce. ¾Provides a consulting role with RFC through year-end 2010 ¾Chief Executive Officer of RDSI since 1997 ¾ Founded in 1964 and incorporated in 1976 as RDSI ¾ Providing Data Processing and Item Processi
Slide 17: New Core Banking Systems; Single Source Software Architecture
¾ Incorporated in December, 2004 as a privately held company ¾ Sales and technical office in Birmingham, AL New Core ¾ Every employee has an ownership Banking stake and an average of 18+ years of banking experience Systems. ¾ Proven ability to grow a mission critical banking product from inception t
Slide 18: Product Development; RDSI Spinoff
Vendors Bank Product Development. Best of Breed Products ¾ Rurban Financial Corp. intends to spin-off RDSI ¾ Executing the Spin-off is at the sole discretion of the Rurban Board of Directors RDSI Spinoff. ¾ At the Spin-off, Rurban Shareholders will receive one share of RDSI for each share of Rurban
Slide 19: Questions?
Rurban Financial Corp. Annual Meeting Agenda ¾Chairman’s Remarks ¾Rurban Overview ¾Rurban’s Progress and Strategy ¾RDSI Update ¾Election Results ¾Questions Questions?