Banc Of California, Inc. · NYSE:BANC
Banc Of California — Raymond James 2013 U.S. Bank Conference
27 slides from Banc Of California's conference presentation, Aug 21, 2013
Slide 1: Investor Presentation August 2013
BANC OF CALIFORNIA Investor Presentation August 2013
Slide 2: Forward-looking Statements
Forward-looking Statements publi shareholder ll continu,” "is antiipated” “estimate,” “project” “pans fori, e's "80," "Banc of Carn” the "Company," "we," or" or“ovr) future nancial performance, erteec pans or objecver, revere, expence or earings projections, Inthe statements, lowing even, change Nor
Slide 3: Overview
Overview Company Update Organization / Market Footprint Financials Key Banking Initiatives Consolidate Ch Rationalize Branch Footprint CS Financial Acquisition Key Holding Company Initiatives The Palisades Group Acquisition Platform Initiative
Slide 4: Company Overview
Company Overview Banc of California, Inc. The Private Bank PTB Property of California Holdings CS Financial The Palisades Market Overview Company Name: Exchange: Equity Ticker: Debt Ticker: Preferred Ticker: index: Auditor: Market Cap: Div. and Yield: Price: ‘S2wk Range: ‘Avg. Vol. (3m); ‘Analyst Co
Slide 5: Leadership Team
Leadership Team
Slide 6: Strategic Growth
Strategic Growth Banc of California has been successful in growing its asset base both organically as well as through opportunistic acquisitions since its recap in November 2010 Closed acquisitions of Gateway Bancorp and Beach Business Bank in 2012 Closed acquisition of The Private Bank of Californi
Slide 7: Deposit Franchise
Deposit Franchise Improved deposit mix and cost of funds 2010 July 1, 2013° Total Deposits: $623 million Total Deposits: $2,672 million Ds 3% es The — $082 sar Deposits Ones: 0.58% pernge $19,048 $54,741 Account Size %6 Transaction 46% 17%
Slide 8: Lending Franchise
Lending Franchise Strengthened and diversified lending platform Loan Portfolio Transition Asset Origination Capabilities 2010 July 1, 2013* Total Total 257 Pacific Trust Bank Residential and commercial real ar estat x torr Multifamily Muttamity 3% estate lending platforms a Cee Mission Hills Mortgag
Slide 9: Credit Metrics
Credit Metrics The Private Bank of Ratios as of 6/30/13 — Pro Forma Pacific Trust Bank* California”* Total Classified Loans / Total Loans 3% 3% Total Non-Accrual plus OREO / Total Loans plus ss ‘6 OREO * . Total Cl ified Loans / Capital plus Reserves 13% 22% Texas Ratio™ 12% 18%
Slide 10: Financial Overview
Financial Overview Balance Sheet @22013 @22013" Income Statement 022013 & Deposits $465 $472 Total Interest Income $26,741 ties 107 328 Total Interest Exoen 5,116 Loans, Net 1597 1982 Net Interest Income 21625 LHFSIOtt 366 395 Provision for Loan and Lease Losses 1918 Total Assets $2,535 $3,177 Net I
Slide 11: Key Banking Metrics
Key Banking Metrics Pacific Trust Bank The Private Bank of California* 022013 012013 922013 12013 ROAA Averege Assets S968 67 Saaigea §iOHs 32 $1008 637 $2005. $2202 $1203 ue ‘oars. ed $70,803 S658 $ii6 23% $09 862 $7129 $3005, $2202 2 is.90%, 794% Amount Yiele Amount Yiels Amount Yield Amount... Yi
Slide 12: Capital Position
Capital Position Jlatory Capital Ratios Pacific Trust Bank Beach Business Bank Bane of California ot oat Ratio 2012-2013 -2013-—-2012 2018 Tier Leverage 1% 105% 100% 120% BAK - Ter TRiskBared Capital Teak 185% 147% 184% 159% 4% Total Rsk Based Capital 7% 198% 151% 16% 168% OTA Capital Raises since 2
Slide 13: Pro Forma Capital Growth
Pro Forma Capital Growth $450 $400 $350 é 7 > $300 ceeBipecen ceed§Brene eeeSDeree $250 $200 $150 B00 2013 Common Branch FMV in. DTA VA Accretable Potential Equiy Stock Sale Yiela culty Pro Forma equity for Banc of California at close of PBOC acquisition Completed offering June 13 — Overallotment re
Slide 14: Overview
Overview Company Update Organization / Market Footprint Financials Key Banking Initiatives Consolidate Ch Rationalize Branch Footprint CS Financial Acquisition Key Holding Company Initiatives The Palisades Group Acquisition Platform Initiative
Slide 15: Rationalize Branch Footprint
Rationalize Branch Footprint Focus on attractive sub-markets throughout Southern California = patigeinienes ang eatnad Sein Sone etn 97,000, rr : @ Branches Acquired from PBOC. Ome |488 Woodruff Avenue 0.000, ee Bua an Siar 27425 Ynez Road. 85,000, it
Slide 16: Branch Sale Summary
Branch Sale Summary Transaction PacTrust Bank to sell 8 branches to AmericanWest Bank ¥ $457 million of deposts y ¥ Assets tran ide cash and d real estate / fixed Locations Sold Riverside (2), Chula Vista (2), Lakewood, Temecula, El Cajon, and Clairemont/San Diego Deposit Premium 2.3% of deposits tr
Slide 17: Improved Deposit Franchise
Improved Deposit Franchise Target businesses, owners, employees, and families Target high balance tr and i + = = PBOC Branches Sold Pro Forma Banc of California Primary Markets Century Cy, Bevery Hs, Riverside, South San Diego, Tos Angeles, Orange, renin Chula Vsta Diego Total Deposits (nilions) $86
Slide 18: Strong Deposit Growth
Strong Deposit Growth December 31, 2012 July 1, 2013" Balance Rote Mix Balance. Rate Mix MMO A, $190,483. 0.44% FB ah $207,128. O11 1196 298,389 0.36% 22%... Savings 261,931. 019% 10% 204,288 0.05% 18%... Checking 496,998. 0.05% "109% One Accounts 925.48 1.19% 30% 357,214 26%... CD.- Revailfusiness
Slide 19: Branch Sale Improves Profitability
Branch Sale Improves Profitability Growing deposit franchise with increased cost efficiency Expenses Bank Balance Sheet $5.0+ million annual reduction in direct $3,000 ) —Deposts. —=Loans non-interest expense 2756 500 Approximately 50 employees, or 15% of commercial bank workforce, to be Loans trans
Slide 20: CS Financial Complements Private Banking
CS Financial Complements Private Banking The Private Bank of California CS Financial Recent Acquisition Pending Acquisition Target Market HNW Families HNW Families Channels Fiduciaries Fiduciaries Geography West LA West LA, Regulatory Good Standing Good Standing Reputational Strong Strong Offering P
Slide 21: Residential Lending Leadership Team
Residential Lending Leadership Team Residential ite Suppor Production & Operations
Slide 22: Loan Production Offices
Loan Production Offices Loan Production Offices “d Albany, LaJoliat Reno a Aliso Viejo, les Korea Town, as. ara sce Brentwood. Lake Stevens. San Francisco. @ 2. Fullerton ste o Invine 3. @ 2 © 2013 23) © Pending 3
Slide 23: Mortgage Banking Originations
Mortgage Banking Originations $500 YoY Growth = 60% $300 20% $200 $100 “ $0 0.0% @2- 2012 a3 - 2012 04-2012 at- 2018 @2- 2018 EE Originations Gain on Sale
Slide 24: Strategic Initiatives
Strategic Initiatives Regulatory Applications / Notifications 1. Sale of Branches to AWB 2. Consolidation of Pacific Trust Bank and The Private Bank of California (OCC National Bank Charter) 3. Acquisition of CS Financial Inc. Target Close Date 4Q 2013 4Q 2013 4Q 2013
Slide 25: Overview
Overview Company Update Organization / Market Footprint Financials Key Banking Initiatives Consolidate Ch Rationalize Branch Footprint CS Financial Acquisition Key Holding Company Initiatives The Palisades Group Acquisition Platform Initiative
Slide 26: The Palisades Group Overview
The Palisades Group Overview The Palisades Group, LLC (“TPG”) is a Regi: it Adviser specializing in the isition, disposition and mar of mortgages. TPG management team has extensive experience in all aspects of the residential sector including loan underwriting and origination, due diligence, valuati
Slide 27: Pro Forma Company
Pro Forma Company Banc of California, Inc. PTB Propert The Palisad Holdings ¢ Financial ‘Shared Infrastructure Platform Initiative (i., Technology, MIS, Legal, Marketing, Finance} 0 cost up to $5 millon, target completion in 1H4 Market Overview Company Name Exchange Equity Ticker: Debt Ticker: Prefe
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