Slide 1: Q2 2020 Earnings Release
Q2 2020 Earnings Release July 20, 2020 Exhibit 99.2
Slide 2: Disclaimer: Forward-Looking Statements
DISCLAIMER Forward-Looking Statements This presentation contains forward-looking statements. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. You can identify fo
Slide 3: Company Overview
COMPANY OVERVIEW PAGE Triumph Bancorp, Inc. (NASDAQ: TBK) (“Triumph”) is a financial holding company headquartered in Dallas, Texas. Triumph offers a diversified line of community banking, national lending, and commercial finance products through its bank subsidiary, TBK Bank, SSB. www.triumphbancor
Slide 4: Platform Overview – Branch Network
PLATFORM OVERVIEW – BRANCH NETWORK 63 TOTAL BRANCHES 38 in Colorado 15 in Illinois 3 in Iowa 3 in New Mexico 2 in Kansas 2 in Texas BRANCH LOCATIONS as of June 30, 2020 PAGE
Slide 5: Platform Overview – Lending
PLATFORM OVERVIEW – LENDING 26% Texas GEOGRAPHIC LENDING CONCENTRATIONS1 as of June 30, 2020 19% Colorado 1% Kansas 6% Iowa 12% Illinois 2% New Mexico 1 States with a physical branch presence. Excludes factored receivables PAGE
Slide 6: COVID-19 Response
COVID-19 RESPONSE We are supporting our customers and communities affected by the COVID-19 pandemic. Loan payment deferral program and participation in the Paycheck Protection Program (PPP). As of June 30th our balance sheet reflected short-term deferrals on outstanding loan balances of $571.8 milli
Slide 7: COVID-19 Exposure
COVID-19 EXPOSURE Industry Total Exposure1 (millions) % of Gross Loans Retail $179.9 4.1% Energy $86.6 2.0% Hospitality $129.4 2.9% Restaurants $51.6 1.2% Health Care/Senior Care $41.0 0.9% Energy Total Exposure1 (millions) Equipment finance $48.9 Factoring $19.2 Asset-based lending $8.4 Other $10.1
Slide 8: Q2 2020 Results
Q2 2020 RESULTS PAGE Diluted earnings per share of $0.56 for the quarter Adjusted diluted earnings per share of $0.25 for the quarter excluding the gain on sale of Triumph Premium Finance, net of taxes Total loans held for investment increased $72.8 million The national lending portfolio increased $
Slide 9: Long Term Performance Goals vs Actual
LONG TERM PERFORMANCE GOALS VS ACTUAL Q2 NET INTEREST INCOME TO AVERAGE ASSETS Q2: 4.71% Q2 Adjusted: 4.71% Goal 6.00 - 6.50% NET OVERHEAD RATIO Q2: 2.40% Q2 Adjusted: 3.11% Goal 3.00 - 3.50% Annualized performance metrics presented are for the three months ended June 30, 2020 Reconciliations of the
Slide 10: Loan Portfolio
LOAN PORTFOLIO TOTAL LOANS COMMUNITY BANKING Focused on core deposit generation and business lending in the communities we serve COMMERCIAL FINANCE Factoring, asset based lending, and equipment finance produce top tier return on assets NATIONAL LENDING Mortgage warehouse to provide portfolio diversi
Slide 11: Loan Portfolio Detail
LOAN PORTFOLIO DETAIL COMMUNITY BANKING 47% of Total Portfolio NATIONAL LENDING 25% of Total Portfolio COMMERCIAL FINANCE 28% of Total Portfolio $2,107.3 $1,111.4 $1,225.0 Chart data labels – dollars in millions (1) Includes $7.8 million of mortgage loans held for sale (2) Includes $42.5 million of
Slide 12: Triumph Business Capital Factoring
TRIUMPH BUSINESS CAPITAL FACTORING Yield of 15.48% in the current quarter Average annual charge-off rate of 0.43% over the past 3 years * On June 2, 2018, we acquired $131.0 million of transportation factoring assets via the acquisition of Interstate Capital Corporation and certain of its affiliates
Slide 13: Transportation Finance
TRANSPORTATION FINANCE Gross transportation revenue consists of factoring revenue from transportation clients, interest and fees from commercial loans to borrowers in transportation industries, transportation related insurance commissions, and revenue from TriumphPay. Total gross revenue consists of
Slide 14: Carrier Payment Platform
CARRIER PAYMENT PLATFORM CLIENTS ON PLATFORM [Bar/Line Chart] Invoice and Payment Trends Number of Invoices Payment Amounts Processed Total payment amounts processed (annualized) Total invoices processed (annualized) PAGE
Slide 15: Asset Quality
ASSET QUALITY NCOs / AVERAGE LOANS e NPAs / TOTAL ASSETS _—_ pe = 2019 -3Q19 4Q19. 120-2020 PAST DUE / TOTAL LOANS 2019 3019 4Q19.— 1020 2Q20 Past Due / Total Loans 2019 3Q19. 4Q19. 1020-2020 ACL / TOTAL LOANS 2a19 319 4Q19. 1020 2Q20 ACL J Total Loans
Slide 16: Deposit Mix
DEPOSIT MIX PAGE June 30, 2020 23% 6% 5% 28% 16% 2% 10% 10%
Slide 17: Financial Highlights
FINANCIAL HIGHLIGHTS 1) Reconciliations of non-GAAP financial measures can be found at the end of the presentation. Adjusted metrics exclude material gains and expenses related to merger and acquisition-related activities, net of tax where applicable. 2) Includes discount accretion on purchased loan
Slide 18: Non-GAAP Financial Reconciliation
NON-GAAP FINANCIAL RECONCILIATION PAGE Metrics and non-GAAP financial reconciliation As of and for the Three Months Ended June 30, March 31, December 31, September 30, June 30, (Dollars in thousands, except per share amounts) 2020 2020 2019 2019 2019 Net income available to common stockholders $13,4
Slide 19: Non-GAAP Financial Reconciliation (cont'd)
NON-GAAP FINANCIAL RECONCILIATION PAGE Metrics and non-GAAP financial reconciliation (cont'd) As of and for the Three Months Ended June 30, March 31, December 31, September 30, June 30, (Dollars in thousands, except per share amounts) 2020 2020 2019 2019 2019 Adjusted net non-interest expense to ave
Slide 20: Non-GAAP Financial Reconciliation (cont'd)
NON-GAAP FINANCIAL RECONCILIATION Ratios may not recalculate due to rounding PAGE Metrics and non-GAAP financial reconciliation (cont'd) For the Three Months Ended For the Three Months Ended June 30, 2020 June 30, 2020 (Dollars in thousands, except per share amounts) GAAP Adjusted (Dollars in thousa