Solera National Bancorp, Inc. · OTC:SLRK
Solera National Bancorp — Davidson Companies 15th Annual Financial Services Conference 2013
17 slides from Solera National Bancorp's conference presentation, May 9, 2013
Slide 1: Davidson Companies 15th Annual Financial Services Conference
SLRK Solera National Bancorp, Inc. SLRK Davidson Companies 15th Annual Financial Services Conference May 8-9, 2013 “2012 Diversity Corporation of the Year Award,” ColoradoBiz Magazine.
Slide 2: Safe Harbor Statement
SLRK This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements contained in this release, which are not historical facts and that relate to future plans or projected results of Solera National Bancorp, Inc. (“Comp
Slide 3: Mission and Vision
SLRK Mission and Vision Mission Committed to providing exceptional value and service to our customers, shareholders, employees and the communities we serve. We are dedicated to delivering high-quality financial products and services that meet the unique needs of small to medium-sized businesses, pro
Slide 4: Denver Area Gets Frequent Top Accolades
Denver Area Gets Frequent Top Accolades • FORTUNE magazine’s list of “Best Cities for Business," for 5 years • Dun and Bradstreet’s “Top 10 Cities for Small Business," since 2001 Diverse Employment Base • Aerospace • Telecom • Energy • Financial services • Medical • Biomedical • Retail • Technology
Slide 5: Solera is Expanding
Solera is Expanding • Residential Mortgage Lending – Added 50-team professional group – Emphasis on purchase market – 5 new loan production offices – Offering custom construction loans – Originated $52 million in 1Q13 • Now SBA “Preferred Lender” – Expediting loan approval – Competitive advantage •
Slide 6: Branch and LPO Locations
SLRK Branch and LPO Locations Page 6 Headquarters Loan Production Office
Slide 7: Operating Highlights
SLRK • Profitable in 7 of the past 8 quarters • 1Q13 net increased 60% to $181,000 – TTM net was $501,000 – TTM EPS was $0.19 • Revenue was $2.7 million in 1Q13 • Gross loans increased 17% and grew 8% for the quarter • Total deposits increased 4% to $123.5 million – Noninterest-bearing demand deposi
Slide 8: Financial Highlights
SLRK Financial Highlights 3/31/2013 Assets $169.2 million Total Loans* $ 82.8 million Deposits $123.5 million Shareholders’ Equity $ 20.3 million TCE/Tangible Assets 11.3% Tangible Book Value Per Share $7.48 Price / TBV 73% Nonperforming Assets/Assets 1.43% Reserves/Loans 1.67% Net Income (TTM) $501
Slide 9: Solid Asset Quality
Solid Asset Quality • Solera had no NPAs in 2008 and 2009 • OREO consists of 2 operating businesses that contribute to revenue • NPL/Gross Loans is 1.01% of loans • NPA/Assets is 1.43% • Reserves/Assets is 1.67% Page 9 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 2008 2009 2010 2011 2012 1Q
Slide 10: Loan Activity is Picking Up
Loan Activity is Picking Up • Gross loans increased 17% to $64.2 million from 1Q12 • Total loans increased 41% to $82.8 million (including LHFS) for the year • Sale of SBA loans added $111,000 to revenue • Gains from sale of residential mortgage loans added $1.4 million to revenue • Owner-occupied C
Slide 11: Well Capitalized
Well Capitalized • Extremely well-capitalized • Total risk-based capital at 17.1% • Ample liquidity • Strong platform for growth • Asset quality very strong • Loan portfolio is well-diversified Page 11 5% 7% 9% 11% 13% 15% 2008 2009 2010 2011 2012 1Q13 Tangible Equity/Tangible Assets SLRK SNL MicroC
Slide 12: 2013 Community Spirit Campaign
2013 Community Spirit Campaign Cash for Grants Financial Literacy Program Organization Sponsorships Products & Services COMMUNITY SPIRIT: What SOLERA is all about – being a part of and giving back to the community. COMMUNITY becomes the spirit of SOLERA. Page 12 SLRK
Slide 13: Community Support
Page 13 COMMUNITY SUPPORT • Extensive support for community based organizations • President’s Community Advisory Council • Sponsoring financial literacy • Banking expertise for non-profits • Promoting volunteerism • Building reputation • Generating community goodwill SLRK
Slide 14: Award Winning "Community Spirit"
Award Winning “Community Spirit” • Chairman Ron Montoya Recognized – William Funk Award from Colorado Non Profit Association – Colorado Business Hall of Fame • Colorado Business Diversity Corporation of the Year 2012 • Doug Crichfield Appointed – Business Consortium Fund Board Member Page 14 Ron Mon
Slide 15: Core Values
SLRK Core Values • Best Employees — To attract and retain educated, motivated and qualified people who are excited to come to work and fully embrace the mission and vision of Solera National Bancorp. • Satisfied Customers — We achieve satisfaction for our customers and earn their loyalty by adding v
Slide 16: Key Strengths
Page 16 Key Strengths • Compelling value proposition at approximately 73% of book value • Well positioned for growth – Significant capital and liquidity levels – Strong credit metrics • Well Capitalized with TCE/TA at 11.3% • Experienced management and an active, highly visible Board of Directors an
Slide 17: Thank you for your time and interest!
Page 17 SLRK -- The Light of a New Banking Era® Thank you for your time and interest! SLRK
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