Temecula Valley Bancorp Inc · OTC:TMCV
Temecula Valley Bancorp — Shareholder Meeting (May 2007)
18 slides from Temecula Valley Bancorp's shareholder meeting presentation, May 23, 2007
Slide 1: Temecula Valley Bancorp 2007 Annual Meeting of Shareholders
TEMECULA VALLEY BANCORP 2007 Annual Meeting of Shareholders May 22, 2007
Slide 2: Safe Harbor Statement
TEMECULA VALLEY BANCORP 2007 Annual Meeting of Shareholders May 22, 2007 Safe Harbor Statement Safe Harbor Statement Certain statements contained in this presentation, including, wi Certain statements contained in this presentation, including, without limitation, thout limitation, statements contain
Slide 3: ~10 Years of Successful Growth, 1996 to 2006
???? Founded in December, 1996 Founded in December, 1996 ???? $1.24 billion in assets at Dec. 31, 2006 $1.24 billion in assets at Dec. 31, 2006 ???? 10 branches in Southern California 10 branches in Southern California ???? Market cap Market cap of $203+ million of $203+ million* ???? Our brand evol
Slide 4: TVB 2006 Milestones
TVB 2006 Milestones TVB 2006 Milestones ???? January 16 January 16: Named All Star Top 20 Bank by U.S. Banker magazine. : Named All Star Top 20 Bank by U.S. Banker magazine. Ranked No. 7 out of 8,000 banks nationwide based on 24.97% ROE Ranked No. 7 out of 8,000 banks nationwide based on 24.97% ROE
Slide 5: TVB 2006 Milestones
TVB 2006 Milestones TVB 2006 Milestones ???? August 8 August 8: Announced opening of 9 : Announced opening of 9th th full full-service office in Solana Beach service office in Solana Beach ???? September 14 September 14: Recognized : Recognized by U.S. Banker in Top 100 List as #1 by U.S. Banker in
Slide 6: Our Mission Remains Unchanged
Our Mission Remains Unchanged Our Mission Remains Unchanged ???? Superior personal service Superior personal service ???? Set higher standards of professionalism Set higher standards of professionalism ???? Ensure strong organic growth Ensure strong organic growth
Slide 7: Outstanding Growth
Outstanding Growth Outstanding Growth $269 $383 $535 $742 $1,082 $0 $250 $500 $750 $1,000 $1,250 2002 2003 2004 2005 2006 $19.6 $29.7 $42.9 $58.2 $103.3 $0 $20 $40 $60 $80 $100 $120 2002 2003 2004 2005 2006 Assets Assets xx% CAGR xx% CAGR Loans Outstanding Loans Outstanding Deposits Deposits Capital
Slide 8: Outstanding Performance
Outstanding Performance Outstanding Performance 36% CAGR 36% CAGR 42% CAGR 42% CAGR ROE ROE ROA ROA
Slide 9: The Foundation of Our Strategy is Exceptional People
The Foundation of Our Strategy is Exceptional People The Foundation of Our Strategy is Exceptional People ???? Entrepreneurship Entrepreneurship ???? Pay for performance Pay for performance We Build the Business Around the Bankers We Build the Business Around the Bankers Experienced Management Team
Slide 10: Three Core Business Lines
Three Core Business Lines ???? Community Banking Community Banking Through 10 branches in Riverside, San Diego and San Through 10 branches in Riverside, San Diego and San Bernardino counties Bernardino counties ???? Commercial and Construction Lending Commercial and Construction Lending Through bran
Slide 11: Our market is one of the fastest growing in the U.S.
Source: SNL Financial 16.4% 16.4% ~16.0% ~16.0% 7.1 7.1 10 10 Total 1 6 3 # of TMCV # of TMCV Branches Branches 17.3% 17.3% 17.3% 17.3% 2.0 2.0 San Bernardino 6.5% 6.5% 9.0% 9.0% 3.1 3.1 San Diego 6.66% 6.66% 7.87% 7.87% 303.6 303.6 U.S. 8.0% 8.0% 9.9% 9.9% 37.2 37.2 California 25.9% 25.9% 30.6% 30.
Slide 12: Community Banking / Commercial & Construction Lending
Community Banking Community Banking SOUTHERN CALIFORNIA SOUTHERN CALIFORNIA Northern California: Northern California: San Rafael San Rafael ?? Serves the 9-county Bay Area Southern California: Southern California: 5 offices 5 offices ?? Serve Los Angeles, Orange, Riverside, San Bernardino and San Di
Slide 13: SBA Lending
???? Expand production by: Expand production by: ???? Hiring seasoned business development Hiring seasoned business development officers; currently 24 officers; currently 24 ???? Increasing the products available Increasing the products available ???? Experience contributes to high standard Experien
Slide 14: Effective Risk Management
Effective Risk Management Effective Risk Management ???? Staff of 9 in risk management group Staff of 9 in risk management group ???? 94% of loans secured by real estate 94% of loans secured by real estate ???? Conservative loan Conservative loan-to to-value ~ 65% average value ~ 65% average ???? Co
Slide 15: Sound Credit Quality
Sound Credit Quality Sound Credit Quality * Net NPAs exclude guaranteed portion of SBA loans * Net NPAs exclude guaranteed portion of SBA loans .43% Average .15% Average
Slide 16: TMCV Investment Highlights
TMCV Investment Highlights TMCV Investment Highlights ???? Attractive, high Attractive, high-growth market for community banking growth market for community banking ???? Market leader in construction and SBA lending Market leader in construction and SBA lending ???? Exceptional combination of profit
Slide 17: Attractive Valuation: Peer Comparison
1 Peer group is comprised of top quartile of 20 California banks closest in asset size ($500M - $2.5B) with similar model 2 Price as of May 11, 2007 = $19.14 9.0% 9.0% 42.5% 42.5% Asset Growth Asset Growth 5.14% 5.14% 6.37% 6.37% Net Interest Margin Net Interest Margin 225% 225% 196% 196% Price Pric
Slide 18: Temecula Valley Bancorp
TEMECULA VALLEY BANCORP
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