Civista Bancshares, Inc. · NASDAQ:CIVB
Civista Bancshares — First Citizens Banc — Investor Presentation (November 2013)
26 slides from Civista Bancshares's investor presentation, Nov 13, 2013
Slide 1: First Citizens Banc Corp Depositary Shares Offering
Serving our communities for over 125 years Moving You Ahead First Citizens Banc Corp Depositary Shares Offering November 2013 James O. Miller - President and Chief Executive Officer Richard J. Dutton - Senior Vice President, Chief Operating Officer James E. McGookey - Senior Vice President, General
Slide 2: Cautionary Statement Regarding Forward-Looking Information
Cautionary Statement Regarding Forward-Looking Information Comments made in this presentation include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to numerous assumptions, risks and uncertainties. Alth
Slide 3: Introduction
Introduction Overview of First Citizens Banc Corp business, strategy and operations Opportunity to invest in Series B convertible preferred shares Subscription deadline - all properly executed order forms must be received by December 4, 2013 at 12:00 noon, Eastern time Primary use of proceeds will b
Slide 4: Corporate Overview
Corporate Overview 9th Largest Publicly Traded Commercial Bank in Ohio Community Bank Operating in 10 Ohio Counties Commercial Banking Retail Banking Wealth Management Moving You Ahead Moving You Ahead (CHART) FCZA.COM
Slide 5: Capital Levels
Capital Levels Moving You Ahead (CHART) (CHART) (CHART) FCZA.COM Bank Well Capitalized Ratios Tier 1 Risk-Based Capital 6.0% Total Risk-Based Capital 10.0% Tier 1 Leverage 5.0%
Slide 6: Growth and Acquisition History
1990 Acquired The Castalia Banking Company. 1998 In April 1998,acquired Farmers State Bank of New Washington, Ohio. 1884 The Citizens National Bank was founded and opened for business. 2002 In April 2002, acquired Independent Community Banc Corp, increasing assets by about $140 million. 2004 In Octo
Slide 7: First Citizens Banc Corp Locations
First Citizens Banc Corp Locations Region 1 $506.1M Loans Akron Berlin Heights Castalia Huron Norwalk (2) Port Clinton Sandusky (3) Moving You Ahead Region 3 $207.8 M Loans Plain City Hilliard Russells Point Urbana (2) West Liberty Dublin Quincy Region 2 $110.6 M Loans Chatfield Greenwich Shelby (3)
Slide 8: Legacy Markets
Legacy Markets Champaign, Crawford, Erie, Huron and Richland Counties Slower Population Growth Evolving Economies Moving You Ahead FCZA.COM
Slide 9: Columbus and Akron Markets
Columbus and Akron Markets Growth Markets Increasing Population Vibrant Economies Moving You Ahead FCZA.COM
Slide 10: Deposit Mix
Deposit Mix Moving You Ahead (CHART) QTD Yield = 0.37% YTD Yield = 0.39% Total = $954M FCZA.COM
Slide 11: Loan Mix
Loan Mix Moving You Ahead (CHART) QTD Yield = 4.67% YTD Yield = 4.75% Total = $824M FCZA.COM
Slide 12: Net Interest Margin to Peer
Net Interest Margin to Peer Moving You Ahead (CHART) FCZA.COM Note: FCZA state peer includes all Ohio chartered public banks
Slide 13: Earnings Per Share
Earnings Per Share Moving You Ahead $0.09 $(0.32) $0.36 $0.57 $0.55 FCZA.COM 2010 YTD Q312 2011 YTD Q313 2012 $0.35 2009 Earnings Per Share EPS Available to Common Shareholders $0.21 $(0.16) $0.51 $0.72 $0.47 $0.67
Slide 14: Improved Credit Quality
Improved Credit Quality Moving You Ahead FCZA.COM $ Millions
Slide 15: When Rates Move
When Rates Move Moving You Ahead Moving You Ahead Q3-'13 Q3-'12 FCZA.COM
Slide 16: Strategy
Strategy Grow to $2 Billion in Assets over Five Years Economies of Scale Increase Long-Term Shareholder Value Moving You Ahead FCZA.COM
Slide 17: Growth Opportunities
Growth Opportunities Organic Growth Loan Production Offices Smaller Rural Bank Acquisition Urban Acquisitions Strategic Acquisitions Moving You Ahead FCZA.COM
Slide 18: Senior Management
Name Title Department Age Years in Banking Years at Citizens James O. Miller President & CEO 61 39 27 John A. Betts Senior Vice President Risk Officer 42 18 1 Richard J. Dutton Senior Vice President Chief Operating Officer 50 11 7 James E. McGookey Senior Vice President General Counsel 63 11 11 Todd
Slide 19: Why Invest in First Citizens?
Why Invest in First Citizens? Energized and Experienced Management Team and Employees Attractive Deposit Mix Momentum in Growth Markets Infrastructure is Built Successful Acquisition and Integration Track Record Well Capitalized, Well Positioned, Well Reserved Moving You Ahead FCZA.COM
Slide 20: Contact Information
Contact Information Moving You Ahead First Citizens Corporation common stock is traded on the NASDAQ Global Select Market under the symbol FCZA. Additional information can be found at www.fcza.com Investor inquiries: Offering Information Center 877-860-2070 FCZA.COM
Slide 21: First Citizens Banc Corp Depositary Shares Offering
Serving our communities for over 125 years Moving You Ahead First Citizens Banc Corp Depositary Shares Offering November 2013 James O. Miller - President and Chief Executive Officer Richard J. Dutton - Senior Vice President, Chief Operating Officer James E. McGookey - Senior Vice President, General
Slide 22: Summary Overview of Offering
Moving You Ahead Summary Overview of Offering FCZA.COM
Slide 23: Transaction Overview
Transaction Overview Moving You Ahead FCZA.COM OFFERING OVERVIEW FIRST CITIZENS BANC CORP (NASDAQ: FCZA) Securities Offered: 1,000,000 depositary shares, each representing a 1/40th ownership interest in a Series B Preferred Share Price per Depositary Share: $25.00 Offering Range: Minimum of 800,000
Slide 24: Transaction Overview cont'd
Transaction Overview cont'd Moving You Ahead FCZA.COM Conversion to Common Shares: At option of the holder - The Series B Preferred Shares are convertible at any time into the number of FCZA common shares equal to $1,000 divided by the conversion price, which initially will be $7.82 Initial conversi
Slide 25: Purchase Priorities
Purchase Priorities Depositary shares are being offered for sale to the public in the following order of priority: First, to shareholders of First Citizens Banc Corp who are beneficial owners of common shares of First Citizens Second, to customers of the Bank and residents of the Ohio counties of Ch
Slide 26: Purchase Limitations
Purchase Limitations The opportunity to purchase depositary shares is subject to the following purchase limitations: Minimum number of depositary shares that may be purchased is 40 depositary shares ($1,000) Maximum number of shares that may be purchased is the lesser of 160,000 depositary shares ($
First Citizens Banc — Investor Presentation (November 2013) on 6ix