Avenue Financial — Merger or Acquisition (June 2016)
8 slides from Avenue Financial's merger presentation, Jun 21, 2016
Slide 1: Shareholder Meeting June 21, 2016
Shareholder MeetingJune 21, 2016
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements in this press release contain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. These
Slide 3: Transaction Recap
Transaction Recap January 28, 2016 Consideration Transaction Value AvenueLeadership $2.00 per share in cash ~$201 million (based on PNFP closing stock on 6/20/16) Key leadership agreed to three-year agreements Avenue Directors, Ron Samuels, Marty Dickens,David Ingram and Joe Galante will join PNFP b
Slide 4: Timeline
Timeline January 28, 2016: Merger AnnouncedMay 13, 2016: FDIC Regulatory Approval ObtainedMay 19, 2016: TDFI Regulatory Approval ObtainedJune 21, 2016: Special Meeting for Shareholder ApprovalJuly 1, 2016: Proposed Closing DateSeptember/October 2016: Proposed Systems Conversion
Slide 5: Legal Closing Date
Legal Closing Date Avenue Financial Holdings merges into Pinnacle Financial PartnersAvenue Bank merges into Pinnacle BankAvenue Bank name, brand and logo exists as a division of Pinnacle BankAll Branches remain open with business as usual
Slide 6: Systems Conversion Date
Systems Conversion Date Accounts converted to Pinnacle Bank systemsCool Springs and West End branches closeNew signage
Slide 7: Questions
Questions Before Merger Date:Barb Zipperian, Avenue CFO, 615-736-7786Post Merger Date:Media Contact: Nikki Klemmer, 615-743-6132Financial Contact: Harold Carpenter, 615-744-3742
Slide 8: Avenue Financial Holdings / Pinnacle Financial Partners
Avenue financial holdings Pinnacle FINANCIAL PARTNERS
Avenue Financial Holdings — Merger or Acquisition (June 2016) on 6ix