Peoples Bancorp Inc. · NASDAQ:PEBO
Peoples Bancorp — Shareholder Meeting (April 2009)
25 slides from Peoples Bancorp's shareholder meeting presentation, Apr 24, 2009
Slide 1: Annual Meeting of Shareholders
Nasilag: PEBO April23,2000 (Peoples Bancorp Welcome ... Shareholders and Guests ANNUAL MEETING OF SHAREHOLDERS
Slide 2: Discussion items
Discussion items Isancorp Peoples Bancorp overview. Economic and financial review. PEBO strategies. Summary.
Slide 3: Disclaimer
Disclaimer Was Please note and understand thet commertaryin this presentation may Contain projections or ether forward-looking statements regarding future events or Peoples Bancom's ("Peoples") future financial performance, These statements are based on management's current expectations. The stateme
Slide 4: Corporate Profile
Corporate Profile leerbore jing company with 49 full-service es in Ohio, West ja, and © Financial snapshot as of March 34, 2009: — $2.1 hillon in total assets. = $150 milion market captalzation — Average daily trading volurne: 30,000 shares, © Provide a broad range of banking, insurance, and investm
Slide 5: Our markets
Our markets Wesreore ATT mtg tes) ican) «49 locations ists and 38 ATMs. <2 a rte associates. anes = Over 100,000 client ‘et reirenee relationships.
Slide 6: The economy of recent months
The economy of recent months Lipa IBancorp + The global economy weakened due to: — A housing collapse — Cornmadity prices increasing in 2008. — Sloweawns in consumer spending = The “credit crunch.” + The result: — De-leveraging by Wall Street banks led to downward pressure on the financial sector —
Slide 7: Actions ...
Actions ... pasbere IBancorp + The Federal Reserve Bank used "all means necessary’ to add liquidity to the economic system + US Congress stepped in by passing the TARP. and economic stimulus package + Even with massive monetary easing, the "loss of credit" pushed the global economy into a deep reces
Slide 8: 2008 Financial Summary
2008 Financial Summary peonies, ISancorp + Like many banks in Pea 2008, PEBO earnings =" wn were impacted by a deteriorating economy sare and declining real estate values. + Higher loan charge- offs and provision for loan losses. Non-performing Assetsto Total Assets + Increase in non- 28 9% performi
Slide 9: 2008 Financial Summary
2008 Financial Summary lesseore Wet interest income wane + Strong core earnings and Wet interest Margin stream as net interest income grew 8% in 2008 and net interest margin increased 19 basis points. gorar0 sexe sazr7 SHA + Operating efficiency improved as revenues grew $5.3 million or 6% in 2008,
Slide 10: Followed by a good 1Q ...
Followed by a good 1Q ... acon IBancorp + Net income of $3.9 million and... Quarterly EPS diluted EPS of $0.37 fnctudes impact of preferred dividends) an + Stable non-performing assets. ae + Significant deposit growth. hax a ee = + Net interest margin and net interest income increased. OR Deposits +
Slide 11: Steady and stable dividend
Steady and stable dividend [sede + Current annualized dividend of $0.92 per share. + Declared $0.23 dividend for 10 2009. + Strong capital position and good core earnings stream to ‘support dividend payment, + 43 years of consecutive dividend increases. gost Dividends Per Share g015 "po '91 ‘92 9294
Slide 12: TARP Capital Purchase Program
TARP Capital Purchase Program copies [Bancorp + Received $39 million in TARP Capital on January 30,2009. Why access it? ~ “Capital is King.” — Protect and enhance our strong capital position during difficult credit cycle and economic recession. — Provide additional strength to continue fending and S
Slide 13: What is "TARP"?
What is “TARP® 22? seed [Bancorp + Troubled Asset Relief Program (“TARP”). + Capital Purchase Program (“CPP”). + Targets healthy financial institutions by adding capital in challenging economic times + U.S. Treasury makes investment in qualifying banks in form of preferred stock + 5.00% preferred st
Slide 14: What is "TARP"? (continued)
What is “TARP” 2??? (continued) pecnioe. [Bancorp + Not all “TARP” was created equal... + TARP “Capital Purchase Program” (CPP) was designed to provide capital to healthy banks on a voluntary basis. + To stabilize the financial system by strengthening bank balance sheets * Other non-CPP TARP money i
Slide 15: What are we doing with TARP funds?
What are we doing with TARP funds? pecnioe. [Bancorp + Making loans to support businesses / consumers in our communities and market areas. + Developed mortgage relief programs for homeowners struggling to make payments due to economic challenges. + Support community projects, economic development, e
Slide 16: Strong capital position
Strong capital position [sided Total Capital Ratio coon. + Total capital is $81 million above the regulatory well- capitalized minimum. + Higher capital level protects against further EH economic declines. Tangible Equity to Tangible ; . Assets Ratio a2 + Provides competitive to advantage over peers
Slide 17: Community bank safety and stability campaign
+ The national media has not been “friendly” to community banks. Sten red say “ + In recent epee months, PEBO ‘eet m= launched a new campaign moran eto stressing the y serarperos safety and a stability of BS Peoples Bank. ier =
Slide 18: Net Interest Income
Net Irterest Income ws 8808 see fe 2 $ Ei = a7 = Gin milion eroludes Sans on seourtie / ‘ssa 2004208 2008 2007 2008
Slide 19: 2008 Results Versus Peers
2008 Results Versus Peers lesseore
Slide 20: PEBO vs NASDAQ Bank Index
Meee, BEIM NASDAQ Bank Index
Slide 21: Our strategies
Our strategies fatness + Take care of our clients. + Take care of each other (teamwork). + Have fun. + Create shareholder value.
Slide 22: Our strategies (continued)
Our strategies (continued) essere, + Long-term performance achievement: —Consistent, long-term revenue and eamings growth —Efficiency and cost control + Proactive balance sheet management: —Improve asset quality / reduce non-performing assets —Grow deposits ... pay down borrowings. —Maintain/grow ca
Slide 23: Our strategies (continued)
Our strategies (continued) lessbore + Continued evaluation of branch footprint: Expansion and addition in economically vibrant markets. + Zanesville, Ohio in May 2009. — Consolidation of branches due ta lower volumes / less growth potential + Focus on our clients: —Enhance service culture by farming
Slide 24: Executive summary
Executive summary leavbore Strategies built on personalized approach to satisfying our clients’ full-service financial needs. — Banking, Investments, Insurance Diversified, growing revenue stream. Efficient structure and operations. Strong capital po:
Slide 25: Questions?
(Peoples = 2 Wicceles Questions? Mark F. Bradley, President and Chief Executive Officer Edward G. Sloane, Chief Financial Officer and Treasurer ANNUAL MEETING OF SHAREHOLDERS April 23, 2009