Provident Financial Holdings, Inc. · NASDAQ:PROV
Provident Financial — Q1 FY2015 Earnings Presentation
17 slides from Provident Financial's earnings presentation, Oct 29, 2014
Slide 1: First Quarter of Fiscal 2015
PROV/DENTZ3. Provident Financial Holdings, Inc. First Quarter of Fiscal 2015 September 30, 2014
Slide 2: Safe Harbor
afe Harbor ‘This presentation contains statements that the Company believes are “forwardlaokng statements” within the meacing of the Paiva Secures tigation Reform Act of 199. Those statements relate tothe Company's nancial cnation, baud, resus of operations, pans, objectives, fre parformance or busi
Slide 3: Market Highlights
Market Highli Provident Financial Holdings, Inc. Nasdaq GS: PROV Share Price $14.59 52-Week Range: $13.75 - $17.30 Shares Outstanding: 9,152,065 shares Market Capitalization: $133.5 million PYE (ttm): 18.95x EPS (ttm): $0.77 Annual Dividend & Yield: $0.44 (3.02%) As of September 30, 2014 FT (DENTS,
Slide 4: Provident Bank
} Preasanton Provident Bank 7} Bk Grove, Livermore, Redding and Rosevile Full Service Offices: Bye > Expanding customer base and market > Strong mortgage operations, 2 wholesale and 14 retail mortgage offices > Largest independent community bank headquartered in Riverside County, Calforia (15 ful-se
Slide 5: Financial Performance
Financial Performan Highlights Net Interest Income > ontedtaran per sharetcens by 796 suo > operating expenses decree S86 > met interest arg expos bess 0 > ftency Rata contmvestoimprove sso nr er ss Non-Interest Income, Operating Expenses
Slide 6: Financial Performance
Financial Performance Pre-Provision, Pre-Tax Earnings ‘Quarterly Net Income
Slide 7: Financial Ratios
Financial Ratios Net Interest Margin Return on Average Assets Efficiency Ratio Return on Average Equity
Slide 8: Community Banking
immunity ing Highlights Loan to Investment Mix > Loaner Ivetenticene 2% since ne 3204 00 > seth comecitne guaer referee growth > Core Depots increase by$10.0 mon since June 30,2014 > Higher cost Tne Deposit blonces contin to dechne
Slide 9: Community Banking: Loan Composition
mmunity Banking Loans Held for Investment Composition Loan Composition as of 09/30/14 lato "Sao aaa aan coma. cope foomenstastane vooa arm war ead arr (aes el ered Eecin ro = acd
Slide 10: Community Banking: Deposits and Borrowings
Community Banking Deposits and Borrowings Deposit Composition 00 vein Accums-enniwtBeump $ STA $ STS = ji lean Accros-reest fanny 2am OUR amid orn] zara cam 77511 04 so F eezaz ose 5 w1s00s ossx| # Deposit Composition at 09/30/2014 Borrowing Maturity Schedule lovee Vers a a
Slide 11: Asset Quality
t Qualit Highlights NPA, NPA to Total Assets and ALLL to LHI Ratios > ton Peorming Ast dene 6815. millon since one 0, 2014 som 2008 > net charge of deine 90% roms qunterast yor > REO activity ted Recovery from Allowance for Loan Losses 610) Conner tusnee eee oo
Slide 12: Asset Quality: Allowance for Loan Losses
t Qualit Allowance for Loan Losses (ALLL) iY Delinquent and Non-Performing Loans Net Charge-Offs (Recoveries) sa) SE cal I
Slide 13: Asset Quality: Geographic Location
t Quality Geographic Location Geographic Location 09/30/14 Oe ten ba trove
Slide 14: Loans Held for Investment
Loans Held for Investment Mutti-Family Single-Family (1*) — Loans Held for Investment ‘Commercial RE ~ Loans Held for Investment
Slide 15: Mortgage Banking
Mortgage Bankin Highlights PBM Loan Originations > Laan Orgmationvolimeincreass 619 $526°9 mon (sequentquerter) Fabre > Grosstockedpcinedecrenss 13% t0§161.0maon(sequentalquater) °° TT > Laan Sale Margin ncreases basis pits 152 bass points > Reimance vohimeincremes “Tl > Recourse Rikremane low LI “T
Slide 16: Mortgage Banking
Mortgage Banking Gain on Sale of Loans. Loan Sale Margin
Slide 17: Capital Management
pi > tank CaptalRatis decne, primary the rent fhe $25.0 milon cash rend rom the ankto the Holding Company, bt rman stand Management Highlights > 302% cash dvidend yl (aprosmateh) > Repurchase 162,204 sharesofcommon stock Bank Capital Ratios Stock Repurchase Plan Activity anois eased aOWH3 "ete “ean
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