Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Q2 2019 Earnings Presentation
16 slides from Byline Bancorp's earnings presentation, Jul 26, 2019
Slide 1: Q2 2019 Financial Results
Q2 2019 Financial Results 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: Second Quarter 2019 Highlights
Second Quarter 2019 Highlights Balance Sheet Earnings Revenue Key Operating Trends Solid loan and lease originations of $181.5 million Payoffs of $136.2 million for the quarter up from $81.8 million in 1Q19 Total loans of $3.9 billion, up 8.3% and 15.4% for quarter and year-over-year respectively To
Slide 4: Loan and Lease Trends
Loan and Lease Trends Loan & Lease Originations and Payoffs June 30, 2018 June 30, 2019 ($ in millions) Originated and Acquired Loan & Lease Portfolio Total loans and leases were $3.9 billion at 2Q19, an increase of $295.6 million or 8.3% from the prior quarter and 15.4% from 2Q18 Originated portfol
Slide 5: Deposit Trends
Total deposits increased $251.7 million to $4.1 billion Growth in DDAs primarily attributable to acquisition Rate of increase in deposit costs moderated from prior quarter Total deposit costs increased 5 bps compared to 12 bps in prior quarter Cost of interest bearing deposits increased 7 bps compar
Slide 6: Net Interest Income and Net Interest Margin Trends
Net Interest Income and Net Interest Margin Trends Net interest income increased $4.4 million to $54.4 million, primarily due to partial quarter impact of acquisition and organic loan growth Net interest margin expanded 8 basis points to 4.51% from 1Q19 despite smaller impact from accretion income N
Slide 7: Non-Interest Income Trends
Total Non-Interest Income Non-Interest Income Trends Non-interest income increased $2.2 million from 1Q19 Higher net gains on sales of loans, due to an increase in government guaranteed loan sales $973 thousand in gain on sales of securities $1.2 million revaluation charge to servicing asset due to
Slide 8: Non-Interest Expense Trends
Non-Interest Expense Trends Non-interest expenses reflect partial quarter impact of acquisition Non-interest expense, excluding significant adjustment items(1), was $40.4 million $3.5 million in expenses related to merger costs and core system conversion Lower payroll taxes offset by higher salaries
Slide 9: Asset Quality Trends
Asset Quality Trends NCOs remained consistent at 0.25% in 2Q19 ALLL/Loans and Leases increased to 0.81% in 2Q19 compared to 0.76% in 1Q19 Non performing assets increased 13 bps to 0.83% in 2Q19 NPLs/ Total Loans & Leases increased to 0.95% in 2Q19 from 0.85% in 1Q19 NPLs/ Total Loans & Leases (exclu
Slide 10: Appendix
Appendix @ Byline Bancorp, Inc:
Slide 11: Five Quarter Financial Summary
Five Quarter Financial Summary ($ in millions, except per share data) Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix. For the Three Months Ended, June 30, 2019 March 31, 2019 December 31, 2018 September 30, 2018 June 30, 2018 Income Statement Net interest inco
Slide 12: Non-GAAP Reconciliation
Byline Bancorp, Inc: Non-GAAP Reconciliation (dottrsin thousands, per share data) Netincome (Iss) and earnings per share excluding significant Reported NetIncome (loss) Signficantitems: Incremental income tax (benefit) pense attributed tofederal Texbenefitonsignifcantitems Ad income Reported Diluted
Slide 13: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
Slide 14: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
Slide 15: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
Slide 16: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)