Rbb Bancorp · NASDAQ:RBB
Rbb Bancorp — Investor Presentation (February 2023)
16 slides from Rbb Bancorp's investor presentation, Feb 1, 2023
Slide 1: RBB Bancorp Investor Presentation January 2023
aD RBB BANCORP 2e# Hh ze# Investor Presentation January 2023
Slide 2: Disclosure Statement
Disclosure Statement ‘This presentation contains forvard-boking statements within the meaning ofthe Privat Secures Litigation Reform Act of 1996. Forward-looking statements often include the words “beleves,"-expecs”“antiipates," estimates," “forecasts,” “intends, plans,” -tagets,"“potentally "probab
Slide 3: RBB Bancorp - Who We Are
RBB Bancorp - Who We Are ‘G2 Established in 2008 and headquartered in Los Angeles, California Total Acces. Pa + 539 billon asset Chinese-American, businessoriented ‘community bank {Gross Loans, Including Held for Sale $3336 SD 24 branches serving Asian-American communities nationwide + 12 located in
Slide 4: Historical Progression of Franchise Growth
Historical Progression of Franchise Growth aor set sare
Slide 5: Demonstrated Track Record of Balance Sheet and Earnings Growth
Demonstrated Track Record of Balance Sheet and Earnings Growth ss.306
Slide 6: Profitability Drivers
Profitability Drivers Yield on Average Interest-Earning Assets Cost of Average Interest-Bearing Liabilities RVldoncamingAnes a ViedonTotalLeant aoc ct newetening tities 225% sre Seem 35TH ia sso fn ee a ne ne eS ae ee eee ee a
Slide 7: Diversified Loan Portfolio
Diversified Loan Portfolio ‘@ $3,3billion total HFI loansas of December 31, Loan Portfolio Composition December 31, 2022 202: By Business Line: ® Diversified acrossindustry ines ‘SFR- Mainly non-QM mortgages? CRE - Owner occupied and investor owned C&l- Majority secured by assets ‘SBA - Primarily SB
Slide 8: Business Line Profile: SFR Lending
Business Line Profile: SFR Lending 2017 2018 2019 2000 2001 22 ‘Asof December 31, 2022: | Average: LTVof $8.0%; FICO score of 763; duration of approximately 3.4 years @ Productsinclude: non-qualified, 5 year and 7-year hybrid adjustable mortgages (re-pricesto the 1 year CMT plus 3.00% to 3.50%), and
Slide 9: Business Line Profile: CRE Lending | C&D Lending
Business Line Profile: CRE Lending | C&D Lending As of December 31, 2022: CRE Loans C&D Loans CRE and C&D Portfolio Growth ($mm) $1,312.1 $276.9 million SD ~14.5% of CRE loans are fixed rate or hybrid loans @:
Slide 10: Business Line Profile: C&I Lending | SBA Lending
Business Line Profile: C&l Lending | SBA Lending As of December 31, 2022: P caitoans | eA Loans Cal and 5A Porto Growth (mm) $201.2 million $61.4 million Unguaranteed ‘Unecured coy Unguaranteed SBA Loans: cerita ey Location, Con IE wastington By Business:
Slide 11: Disciplined Credit Culture
Disciplined Credit Culture Nonperforming Loans' / Total Loans Nonperforming Assets” / Total Assets 07m onw zis 0170S zis 201920200202 ‘Allowance for Credit Losses / Total Loans Net Charge-Offs (Recoveries) / Average Loans 125% 0.05% 005% 05K (0.06%) zis 2017,=«NSiOTS00SOMSD wis 17ers 20a 20e
Slide 12: Deposit Portfolio as of December 31, 2022
Deposit Portfolio as of December 31, 2022 ‘@ Top 10 Deposit Relationships =$411.4 million (13.8% of total deposits) * 2ofthe Top 10 Relationships are with directors and shareholders of the Company, $74.3 million, or~18.1% of Top 10 total For the Three Months Ended December 31, 2022 ona arat 160% rok
Slide 13: Consolidated Capital Ratios
Consolidated Capital Ratios Ratios Consolidated Capitalization Table [Doars in milions, except pershareamounts) Asof December 3, Consolidated Capi baited Actual Long-TermDebt Long-Term Debt suas Long-term FHLB Advance 3500 TrustPrefered Securities 447 TotalLong-TermDebt $3383 Shareholders Equity Com
Slide 14: Appendix: Non-GAAP Reconciliations
(.@ py) RBB BANCorP SAEZ ce HRS Appendix: Non-GAAP Reconciliations
Slide 15: Non-GAAP Reconciliation: Tangible Common Equity and Tangible Assets
Non-GAAP Reconciliation: Tangible Common Equity and Tangible Assets Tangible Common Equity Total SharahlierEauty 76 sme snes sense ese oe Adjustments Geoodwa as) ssa) cas) core epasitinangtle a9 0) (6:09 = 3798 Soest s30.07T Tangible assets Totalanets-ca8e ss 2snscez arms asso: amuse Ped Adjustments
Slide 16: Regulatory Reporting to Financial Statements: Adjusted Core Deposits
Regulatory Reporting to Financial Statements: Adjusted Core Deposits As the year ended Core Deposits? $990,824 $4,670,572 $1,651,678 $2,037,168 $2,807,033 $2,251,449 ‘Adjustments to Core Deposits Time Deposits» $250,000 Considered asCore Depostst 160,751 ses773 46968 4559, si7sot sr3.684 Less: Broke