First Mid Bancshares, Inc. · NASDAQ:FMBH
First Mid Bancshares — First MID Illinois Bancshares — Investor Presentation (September 2016)
25 slides from First Mid Bancshares's investor presentation, Sep 20, 2016
Slide 1: Mike Taylor CFO mtaylor@firstmid.com 217.258.3306 Joe Dively Chairman and CEO jdively@firstmid.com 217.258.9520 Since…
Mike Taylor CFO mtaylor@firstmid.com 217.258.3306 Joe Dively Chairman and CEO jdively@firstmid.com 217.258.9520 Since 1865 As of 9/08/16
Slide 2: Disclosures
Disclosures Forward-looking Statements This presentation may contain certain forward-looking statements, such as discussions of the Company’s pricing and fee trends, credit quality and outlook, liquidity, new business results, expansion plans, anticipated expenses and planned schedules. The Company
Slide 3: Corporate Profile
Corporate Profile 3 Current Company Snapshot • *Assets: $2.8 billion • *Deposits: $2.2 billion • *Loans: $1.8 billion • Trust and Wealth Management AUM: $1.3 billion Strong Capital Ratios • Common Equity Tier-1 Capital/RWA: 11.76% • Leverage ratio: 9.44% • Total RBC ratio: 14.11% Exceptional Asset Q
Slide 4: Company Overview
Over 600 people. One mission. We fulfill the financial needs of our communities with exceptional personal service, professionalism and integrity and deliver meaningful value and results for our customers and shareholders. Company Overview 4 First Mid-Illinois Bancshares, Inc. First Mid-Illinois Bank
Slide 5: Market Overview
NASDAQ listed. Russell Index member. First Mid-Illinois Bancshares, Inc. is listed and trades on NASDAQ under the ticker symbol FMBH. In 2016, First Mid was extended membership into the all-cap Russell 3000 and small- cap Russell 2000 indexes. Market Overview Market Overview* Company Name: First Mid
Slide 6: History and Recognition
History and Recognition First Mid-Illinois Bancshares has a proud 150+ year history of service to agricultural, small business and retail customers. • First National Bank of Mattoon established in 1865 • One of the oldest nationally chartered banks in the country • First Mid-Illinois Bancshares, Inc
Slide 7: Demographics
Demographics 7 Current Footprint • Footprint of 53 branches in 23 counties • Branches strategically located along major transportation routes of I-74, I-70 and I-64 East-West as well as I-57 North-South • Clusters of branches are located in and around cities such as St. Louis, Peoria, Champaign-Urba
Slide 8: Market Share
Market Share 8 Diverse market segments with economies based on agriculture, manufacturing, education and services • Top employers in the region include a diverse range of operations such as Ameren, Caterpillar, State Universities, Sarah Bush Lincoln Health Center, Rural King, and Continental Tire No
Slide 9: Strategic Advantages
Strategic Advantages First Mid-Illinois Bancshares is able to provide strong strategic advantages in key areas: • Diverse Geographic Footprint • Demonstrated Ability to Raise Capital and Successfully Complete Acquisitions • Consistent Dividends to Shareholders (Since 1879) • Experienced Management w
Slide 10: Strength Through Diversity
Strength Through Diversity 10 Serving the communities of central and southern Illinois and metro-east St. Louis. • 6 regions • 53 banking centers in 37 communities • Approximately $2.2 billion total deposits Regions Regions Locations Deposits Q2’16 Peoria 9 $249,662,664 Decatur/Champaign 7 114,220,6
Slide 11: Capital Raises and Acquisitions
Capital Raises and Acquisitions 11 First Mid-Illinois Bancshares has a demonstrated ability to raise capital, close targeted acquisitions and complete successful integrations. Successful Capital Raises June 2015 Raised $29.3 million through a private placement of common stock. Approximately 90% rais
Slide 12: Growth Through Acquisitions
Growth Through Acquisitions 12 • 7 banking centers in metro- east St. Louis and Clayton, MO • $537M Deposits • $450M Loans • Common Culture • Commitment to Community Banking • Strong Leadership
Slide 13: Experienced Management Team
Experienced Management Team 13 Joseph R. Dively Chairman, Chief Executive Officer and President Joe joined First Mid-Illinois Bank as a Senior Executive VP and President of the Bank in 2011. He has served on the Board of First Mid-Illinois Bancshares since 2004. Prior to joining the company, he was
Slide 14: Board of Directors
Holly A. Bailey President, Howell Asphalt Company President, Howell Paving, Inc. Director since 2012 Chairman, Compensation Committee Robert S. Cook Managing Partner, TAR CO Investments, LLC Director since 2014 Joseph R. Dively Chairman and Chief Executive Officer Director since 2004 Steven L. Griss
Slide 15: Providing Value to Shareholders
Providing Value to Shareholders $0.74 $0.85 $1.05 $1.26 $1.42 $1.44 $1.51 $1.57 $1.67 $1.04 $1.07 $1.29 $1.62 $1.73 $1.85 $1.81 $0.99 $0.17 $0.19 $0.22 $0.29 $0.30 $0.33 $0.35 $0.38 $0.38 $0.38 $0.38 $0.40 $0.42 $0.46 $0.55 $0.59 $0.30 $6.03 $6.79 $7.41 $8.18 $8.49 $9.18 $8.28 $9.36 $10.09 $10.91 $9
Slide 16: Diversified Solutions and Sources of Revenue
Diversified Solutions and Sources of Revenue First Mid-Illinois Bank’s Trust and Wealth Management group provides a stream of non-interest income through a variety of financial products and services: – Farm Management – Investment/Brokerage through an agreement with Raymond James Financial Services,
Slide 17: Quality Core Deposit Franchise
Quality Core Deposit Franchise June 30, 2016 Balance % Checking $ 805,308 47% Savings $ 335,230 20% MMDA $ 313,855 18% CD – Retail/Business $ 231,963 14% CD – Public $ 7,843 0% CD – Brokered $ 10,000 1% Total Deposits $ 1,704,199 17 Deposit Composition ($000s) Rounded to Nearest Percentage 0.66% 0.4
Slide 18: Diversified Loan Portfolio
Diversified Loan Portfolio 18 Loan Composition ($000s) Rounded to Nearest Percentage $ 8 6 0 ,0 74 $ 9 1 1 ,0 65 $ 9 8 2 ,8 04 $ 1 ,0 6 2 ,4 0 6 $ 1 ,2 8 1 ,8 8 9 $ 1 ,3 1 5 ,1 8 7 $700,000 $800,000 $900,000 $1,000,000 $1,100,000 $1,200,000 $1,300,000 2011 2012 2013 2014 2015 Q2'16 Total Loans ($000
Slide 19: Outstanding Asset Quality Metrics
Outstanding Asset Quality Metrics Ratios 2011 2012 2013 2014 2015 Q2’16 Non Performing Assets/ Total Assets 0.80% 0.56% 0.44% 0.30% 0.21% 0.24% Net Charge-Offs/Average Loans 0.29% 0.23% 0.08% 0.03% 0.04% 0.04% ALLL/Non Performing Loans 149.5% 155.1% 204.8% 301.4% 363.2% 327.5% Loans 30+ Days Delinqu
Slide 20: Key Financial Metrics
KEY FINANCIAL METRICS 20
Slide 21: Selected Income Statement Data
Delivering earnings growth during difficult times Selected Income Statement Data ($000s) 2011 2012 2013 2014 2015 YTD Q2’16 Interest income $56,772 $55,767 $53,459 $54,734 $59,251 $33,862 Interest expense 8,504 6,157 3,535 3,252 3,499 1,805 Net interest income 48,268 49,610 49,924 51,482 55,752 32,0
Slide 22: Selected Balance Sheet Data
Selected Balance Sheet Data ($000s) ASSETS 2011 2012 2013 2014 2015 Q2’16 Cash and cash equivalents $73,102 $82,712 $65,102 $51,730 $115,784 $53,072 Investment securities 492,198 514,974 488,724 431,506 629,056 643,045 Net loans 848,954 899,289 969,555 1,048,724 1,267,313 1,300,023 Other assets 86,7
Slide 23: Capitalization
Capitalization Ratio 2011 2012 2013 2014 2015 Q2’16 Leverage Ratio 8.99% 9.66% 10.12% 10.52% 9.20% 9.44% Tier 1 Risk-Based Capital 13.37% 14.51% 14.37% 14.42% 13.23% 13.09% Total Risk Based Capital 14.48% 15.65% 15.58% 15.60% 14.25% 14.11% Common Equity Tier-1 Capital to RWA 7.00% 7.54% 7.78% 10.32%
Slide 24: Value Proposition
Value Proposition 24 Increasing Shareholder Value Experienced Management Team and Board Diversified Revenue Streams and Proven Earnings Engine Well Positioned Balance Sheet & Strong Asset Quality 150+ year Operating Track Record Focused on all Stakeholders Ability to Raise Capital and Grow Strategic
Slide 25: First Mid-Illinois Bancshares, Inc.
First = Mid-Illinois Bancshares, Inc.
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