Alpine Banks Colorado · OTC:ALPIB
Alpine Banks Colorado — Alpine Banks of Colorado — Investor Presentation (2022)
19 slides from Alpine Banks Colorado's investor presentation, 2022
Slide 1: For Year Ended December 31, 2022
For Year Ended December 31, 2022 1
Slide 2: Forward Looking Statements
Forward Looking Statements • This presentation contains “forward‐looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward‐looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “ex
Slide 3: Vision, Mission and Values
Vision, Mission and Values Vision “Alpine Bank will be the preferred financial services provider for individuals and businesses in the communities we serve in Colorado.” Mission “To help our customers, employees, shareholders and community members achieve their dreams.” Values Independence Integrity
Slide 4: 2022 Summary data
2022 Summary data • Net Income of $73.4 million (22.98% growth) • ROA of 1.16% • ROE of 17.78% • Efficiency Ratio of 61% • Total assets of $6.32 billion • Total loans of $3.91 billion • Total deposits of $5.52 billion Source: Bank holding company regulatory report for the quarter ended 12/31/22 4
Slide 5: Net Income 5 Year Growth
Net Income 5 Year Growth ($000) Source: Internal Company Reports Information as of December 31 for the year indicated 5
Slide 6: Capital Ratios
Capital Ratios • Capital levels in excess of regulatory minimums • Increase in capital levels with slower asset growth in 2018‐2019 period • 2020 increase in Total Risk Based Capital related to subordinated debt issuance Source: Bank holding company regulatory report for the quarter ended 12/31/22 6
Slide 7: 10 Year Growth Rates
10 Year Growth Rates Source: Internal Company Reports ($000) Information as of December 31 for the year indicated 7
Slide 8: Diversified Loan Portfolio
Diversified Loan Portfolio Yield on Loans and Leases (TE) 6.00% 5.53% 5.50% 5.32% 5.01% 5.00% 4.79% 4.71% 4.64% Nonfarm 4.50% nonresidential 29% 4.00% 1 ‐ 4 Family 2017 2018 2019 2020 2021 2022 Loans 44% Held for Alpine Banks of Colorado Peer Resale 0% • 44% of loans are 1 to 4 Farmland 1% Family Mu
Slide 9: Loan Portfolio Segmentation
Loan Portfolio Segmentation COMMERCIAL REAL ESTATE Hotel/Motel Other Health Care 1 ‐ 4 FAMILY REAL ESTATE Industrial Other Retail Warehouse Home Equity Loan Office In House CONSTRUCTION AND LAND Home Equity Mortgage Line Product DEVELOPMENT Land End User Land Development Loans Fractional Speculative
Slide 10: Core Deposit Base
Core Deposit Base Other Certificates of Cost of Interest‐Bearing Deposits Certificates of Deosit >= Deposit Brokered CD's 1.20% $100,000 1% 1% 1.00% 2% 0.80% 0.60% 0.40% 0.10% 0.15% 0.20% 0.08% 0.09% 0.04% 0.09% 0.00% 2017 2018 2019 2020 2021 2022 Money Market Non‐Interest Alpine Banks of Colorado P
Slide 11: Deposit Market Share Update
Deposit Market Share Update 11
Slide 12: Colorado Deposit Market Share
Colorado Deposit Market Share Statewide (as of June 30, 2022) State Colorado Deposits Market Name (Headquarters) Offices ($000) Share 1 Wells Fargo Bank, N.A. SD 131 41,808,963 20.37% 2 JPMorgan Chase Bank, N.A. OH 116 26,142,890 12.74% 3 Firstbank CO 85 24,890,395 12.12% 4 U.S. Bank N.A. OH 108 22,
Slide 13: De Novo Market Expansion
De Novo Market Expansion • Entered the Front Range market in 2014 with our Union Station Branch • We now have 6 locations in Front Range of Colorado • Colorado Springs and Fort Collins branches have opened in the 4th Quarter 2022 • Proactively adding to the lending staff within our current footprint
Slide 14: Alpine Banks of Colorado Stock Information; Employee Ownership
Alpine Banks of Colorado Stock Information as of 12/31/22 • Class B Non‐Voting Common Stock – Traded on OTCQX® Best Market – Ticker: ALPIB – 8,509,432 shares outstanding – 150 for 1 stock split occurred 12/1/20 – Dividends set at 1/150th of dividends on Class A Voting Common Stock – 1,192,983 shares
Slide 15: Alpine Bank Stock Price Comparison
Alpine Bank Stock Price Comparison Source: S&P Global 15
Slide 16: Trading Volume
Trading Volume Monthly Trading Volume in Shares Monthly Trading Volume in Dollars 80,000 $2,500,000 70,000 $2,000,000 60,000 50,000 $1,500,000 40,000 $1,000,000 30,000 20,000 $500,000 10,000 ‐ $‐ May‐19 Jul‐19 Sep‐19 Nov‐19 Mar‐20 May‐20 Jul‐20 Sep‐20 Nov‐20 Mar‐21 May‐21 Jul‐21 Sep‐21 Nov‐21 Mar‐22
Slide 17: Alpine Bank Constants
pe ee Alpine Bank Constants WHY WE * Increase Shareholder Value EXIST * Serve Community and Create Opportunities for our Customers and Employees HOW WE + We give a damn + We work collaboratively BEHAVE * We act with integrity + We work entrepreneurially WHAT WE DO * We provide tailored, flexible fin
Slide 18: Celebrating Our History & Planning Our Future
a gy Alpine Bank | CELEBRATING OUR HISTORY & PLANNING OUR FUTURE b 2023 CELEBRATING 50 YEARS OF COMMUNITY SUPPORT! ALPINE BANK’S 50TH ANNIVERSARY COMMUNITY CHALLENGE With every transaction on your Alpine Bank Loyalty Debit Card, we donate 10 cents to localized community Our Loyalty Debit Card and Yo
Slide 19: Thanks for 50 years of support, we look forward to the next 50
Thanks for 50 years of support, we look forward to the next 50! ‐ Bob Young & The Alpine Bank Team 19
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