Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Q2 2017 Earnings Presentation
16 slides from Byline Bancorp's earnings presentation, Jul 28, 2017
Slide 1: Q2 2017 Earnings Call
Q2 2017 Earnings Call Exhibit 99.1
Slide 2: Forward Looking Statements
Forward Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the antici
Slide 3: A Leading Chicago Commercial Franchise
A Leading Chicago Commercial Franchise Company Overview Full service commercially-oriented community bank serving business and retail customers in the Chicago metropolitan area Over 100-year history in Chicago, the 3rd largest market in the U.S. 57 full service locations, with the 5th largest branch
Slide 4: The Byline Franchise Today
The Byline Franchise Today Retail Banking Commercial Banking Small Business Capital Small Ticket Equipment Leasing Diversified product set with abilities to scale business lines both in-market and nationwide Market Presence Customer and Market Focus 57 branch locations Serves small businesses and co
Slide 5: Growth strategy: hires, asset purchases, acquisitions, organic growth
Hire Bankers/ Team Liftouts Asset Purchases Acquisitions Continue to bring in top tier talent with teams attracted to culture and local decision making Capitalize on market opportunities due to recent consolidation Portfolio loan purchases from companies exiting non-core lines of business Supplement
Slide 6: Second Quarter 2017 Highlights
Second Quarter 2017 Highlights Earnings Net Interest Margin + Non -Interest Income Loan Production Balance Sheet Efficiency Net income of $6.1 million versus $6.6 million in Q1 2017 and $2.6 million in Q2 2016 EPS of ($0.18); preferred repurchase impacting EPS by $0.42 Return on average assets of 0.
Slide 7: Second Quarter Financial Summary
Second Quarter Financial Summary ($ in millions, except per share data) Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix. (1) (1) (1)
Slide 8: Diversified Loan and Lease Portfolio
Diversified Loan and Lease Portfolio Loan & Lease Portfolio June 30, 2016 June 30, 2017 Total loans and leases increased by $5.9 million from Q1 2017 During Q2 2017 the originated loan and lease portfolio increased by $154.8 million, while the acquired portfolio saw net run-off of $119.4 million Gro
Slide 9: Stable Core Deposit Franchise
Non-interest bearing demand deposits accounted for 30.8% of total deposits and increased by $49.4 million driven by new commercial deposit relationships and loan fundings Deposit growth offset by seasonal decrease in municipal deposits and run-off of time deposits from the Ridgestone acquisition Ove
Slide 10: Net Interest Income Rising
Net Interest Margin Net Interest Income Rising Net Interest Income / Margin Net interest income increased primarily due to: Increased earning asset yields due to higher short term interest rates Higher accretion income driven by improvement in expected future performance of acquired purchased credit
Slide 11: Stable Non-Interest Income Platform
Total Non-Interest Income Stable Non-Interest Income Platform Non-interest income increased 7.2% from prior quarter Increases seen across all major categories 2Q17 benefited from stronger seasonal trends ($ in millions) Total SBC Production Stable Net Gains on Sales of Govt. Gtd. Loans $75.1 million
Slide 12: Disciplined & Improving Expense Management
Disciplined & Improving Expense Management Non-interest expense increase of 1% over Q1 2017 Increase driven by salaries and benefits expense partially offset by lower professional fees Compared to 2Q 2016, total revenues increased more than 60%, while non-interest expense increased 28% Factors drivi
Slide 13: Credit & Asset Quality
Credit & Asset Quality Provision expense for the quarter was $3.5 million which was $1.6 million higher than Q1 2017 Provision included $2 million in expense associated with the periodic re-evaluation of the acquired purchased credit impaired portfolio Reclassified $11.8 million from non-accretable
Slide 14: Transparent & Executable Growth Strategy
Transparent & Executable Growth Strategy Byline is Chicago’s Bank Seasoned Management Team & Board of Directors Diversified Commercial Lending Platform Disciplined Credit Risk Management Framework Deposits, Deposits, Deposits Franchise Highlights 1 2 3 4 5 6
Slide 15: Appendix
Appendix @ Byline Bancorp, Inc:
Slide 16: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($ in 000s)