Eagle Bancorp, Inc. · NASDAQ:EGBN
Eagle Bancorp — Investor Presentation (September 2010)
42 slides from Eagle Bancorp's investor presentation, Sep 21, 2010
Slide 1: Eagle Bancorp (EGBN)
Ticker: EGBN www.eaglebankcorp.com
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward looking statements within the meaning of the Securities and Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and
Slide 3: History of Growth
History of Growth
Slide 4: Summary Statistics - June 30, 2010
| Summary Statistics - sune 30, 2010 Total Assets: ‘$1.9 billion Total Loans: $1.5 billion Total Deposits: $1.6 billion ‘Tangible Common Eq $169.2 milli Tangible Common Book Value per Share: ‘$8.65, Shares Outstanding: 19,652,918 TARP Preferred: $23.2 million Headquarters: Bethesda, Maryland Market
Slide 5: Company Overview
Company Overview
Slide 6: EagleBank Locations
EagleBank Locations Tyson's Corner Montgomery County Prince George’s County Alexandria Arlington Fairfax County Loudoun County Washington, DC Rest on
Slide 7: Experienced Senior Management Team
| Experienced Senior Management Team Years Years in with Name Title/Function Banking __EGBN Ronald D. Paul ‘Chairman, President & CEO 23 12 Robert P. Pincus Vice Chairman 37 2 Michael T. Flynn EVP & COO - Eagle Bancorp 39 6 Susan G. Riel Sr. EVP & COO - EagkBank 34 12 Thomas D. Murphy President - Re
Slide 8: Why Invest in EGBN?
Why Invest in EGBN?
Slide 9: Financial Indicators - Regional Peer Analysis
Financial Indicators - Regional Peer Analysis Note: Regional peers includes publicly-traded commercial banks with Assets between $1 and $5 billion and headquartered in Washington, DC, Virginia, West Virginia, Maryland, Pennsylvania and Delaware who reported at all reporting periods shown above Sourc
Slide 10: Financial Indicators - Local Peer Analysis
Financial Indicators - Local Peer Analysis Note: Local peers in the Washington D.C. metro area: Access National Bank, Alliance Bank Corp., Cardinal Bank, Community Bank of Tri-County, Frederick County Bank, Sandy Spring Bank and Virginia Commerce Bank. Source: SNL Financial
Slide 11: Consistent Balance Sheet Growth
Consistent Balance Sheet Growth (1) Regional peers includes publicly-traded commercial banks with assets between $1 and $5 billion and headquartered in Washington, DC, Virginia, West Virginia, Maryland, Pennsylvania and Delaware who reported total assets at all reporting periods shown above Source:
Slide 12: Net Income
Net Income (1) Regional peers includes publicly-traded commercial banks with assets between $1 and $5 billion and headquartered in Washington, DC, Virginia, West Virginia, Maryland, Pennsylvania and Delaware who reported net income or loss for all reporting periods shown above Source: SNL Financial
Slide 13: Pre-Tax, Pre-Provision Income
Pre-Tax, Pre-Provision Income (1) Regional peers includes publicly-traded commercial banks with assets between $1 and $5 billion and headquartered in Washington, DC, Virginia, West Virginia, Maryland, Pennsylvania and Delaware who reported pre-tax pre-provision net revenues for all reporting periods
Slide 14: EGBN Stock Price Performance
EGBN Stock Price Performance Source : SNL Financial
Slide 15: Loan Portfolio Composition
Loan Portfolio Composition Loan Portfolio by Type Loan Portfolio by Location Note: At June 30, 2010 Total Gross Loans: $1.5 Billion
Slide 16: Geographic Detail of Loan Portfolio
Geographic Detail of Loan Portfolio Note: At June 30, 2010
Slide 17: Detail of Loan Portfolio
Detail of Loan Portfolio Construction Loans by Type Income Producing CRE by Type
Slide 18: Credit Quality
| Credit Quality (Polar Values in Thousands) 30489 Days Past Due Nonperforming Assets: ‘90 or More Days Past Due ‘Noraecnal Restrctrcd Loans ‘Total Nonperforming Loans (NPL) ‘Other Real Estate Owned (OREO) ‘Total Nonperforming Assets NPAs +90 Days Past Da/Assets Carg-Ofs (Quarter) [NCOs/Averge Lous
Slide 19: Deposit Composition
(Dots Vlas haan) “utmstoe tent sein eta Deposit Type %of tot %of Balance Total Balance ___ Total Bakince Total __% % Noninterest Bearing S DBULITN — 185% $307,959 — 2.1% S 313812 199% 35.7% 3.8% Interest Bearing Transaction 55,596 4.5% 59,720 41% 54489 3.5% 2.0%) (175%) Savings & Money Market 375,00
Slide 20: Superior Relationships/Net Interest Margin
Superior Relationships/Net Interest Margin Note: Regional peers includes publicly-traded commercial banks with Assets between $1 and $5 billion and headquartered in Washington, DC, Virginia, West Virginia, Maryland, Pennsylvania and Delaware who reported net interest margin for all periods shown abo
Slide 21: Market Information - Washington, DC
Market Information -Washington, DC Metropolitan Statistical Area
Slide 22: Greater Washington Economy
Greater Washington Economy Note: Other includes Health/Education, Media Source: George Mason University, Center for Regional Analysis
Slide 23: Washington DC Area Deposit Market Share Ranking
Note: Shaded companies in grey denote those companies headquartered outside of Washington, D.C. Metro Area. Data excludes: E*Trade and UNIFI Mutual Holding Company whose deposits are substantially from outside of the defined market area. Source: FDIC, as of June 30, 2009
Slide 24: EagleBank Deposit Market Share
| EagleBank Deposit Market Share WASHINGTON, DC METROPOLITAN AREA, (Delis Vols in Thsade) ‘Montgomery Market Share Market Share Market Share Date County % Washington, DC % Fairfax County % BagleBank 63011999 368 04% 3 00% = ala nia 6630/2000 12.960 07% 4 00% = nla wa 63072001 177196 11%, 895, 00% =
Slide 25: Total Assets and Capital Ratios
Total Assets 'S. 915,800,000 $1,457,545,000 $1,496,827,000 $1,682,773,000 $1,805,504,000 $1,832,991,000 S1,937,265,000 Total Capital $84,123,000 $ 100,593,000 $ 142,371,000 $ 201,516,000 $ 188,321,000 $ 192,465,000 $_ 196,743,000 Tier I Leverage Ratio 9A3% 8.19% 11.68% 10.29% 10.00% 984% Tier I Risk
Slide 26: Looking Ahead
Looking Ahead
Slide 27: Minimal Impact from Dodd-Frank
Minimal Impact from Dodd-Frank Regulatory Reform
Slide 28: Appendices
Appendices
Slide 29: Loan Type Detail
(ln Tt i hans) | vim — sates — smn Hy Lean ype Fase _%ofToal Fase _%6oFoal Fee _% ofl % % Conmercilandintsval $ 76ST 4% «S$ BENGIE 25% «STOR 27% 168% 116% Commerc Rel sate: ‘Owner Ocepid 191036 45% 186TTE MIN AONB 18H 96% 129% tno Pada A226 =——SOOUS 357% SHHGHD TT ns 266% lant uns 65% TI 52% mgs 83%
Slide 30: Loan Portfolio by Risk Rating
Loan Portfolio by Risk Rating
Slide 31: Loan Detail by Geography (Dollar Values in Thousands)
(Dollar Values in Thousands) Maryland Montgomery Prince George's Other MD. Washington DC Abani Axington Fairfax Lowdown Prisce Wiliam Other VA, Other USA Total S192 SLi s - 8 +8 + 8-8 s S317 $ Ms 3,519 5 1775 : : : 1775 656 2431 331 - - : 1339 1670 265 1,935 536 6967 12 - 7290 980 6 Iso 1790 17,701
Slide 32: Deposit Detail
/Noninterest Bearing Interest Bearing Transaction Savings & Money Market ICore CD's Wholesale CD's [Total Deposits $ 313,812 54,489 709,987 439,582 60,121 $1,577,991
Slide 33: Securities Portfolio
US Treasury Securit s 2 = : - oom US Goverment Agency Securtics 91239 1208 92.500 29.3986 Mortgage Backod Secures “GSEs 10,38 4318 ey owas aay Municipal Bonds 38627 ie os 39.502 16766 Other Equity Investments 7 = 3s 30 017% “Total Secures Bait om i) ESAT Toone US Treasury Soourios s ql 7 z % oor, US
Slide 34: Proven Acquisition Capabilities
Proven Acquisition Capabilities
Slide 35: Fidelity & Trust Acquisition
Fidelity & Trust Acquisition
Slide 36: Experienced Management Team
Experienced Management Team Ronald D. Paul, Chairman , President and CEO Robert P. Pincus, Vice Chairman of the Board of Directors of Eagle Bancorp, Inc. and EagleBank Mr. Paul, a founder of EagleBank, has served as Chairman since May 2008, and prior to that time was Vice Chairman and Chief Executiv
Slide 37: Experienced Management Team
Experienced Management Team Susan G. Riel, Senior EVP, Chief Operating Officer of EagleBank Michael T. Flynn, EVP, Chief Operating Officer of Eagle Bancorp, Inc. Thomas D. Murphy, President, Retail Banking Division Mr. Flynn has been with EagleBank for 6 years and has served as Chief Operating Offic
Slide 38: Experienced Management Team
Experienced Management Team Martha Foulon-Tonat, EVP, Chief Lending Officer Janice L. Williams, EVP, Chief Credit Officer James H. Langmead, EVP, Chief Financial Officer Laurence E. Bensignor, Senior Vice President, Eagle Bancorp, Inc. Ms. Foulon-Tonatis one of the founding officers and has been wit
Slide 39: Historical Balance Sheet
| Historical Balance Sheet Gro (Petia tls in hss) _ 20S met m2 a Cashin aus sug sum sme TIT ee Sorts Avi Se “050 91717 _ e907 _ asta _ ose “td Cahn Susi TOW Tag To 2s —gTe Sant aa Grou tows HFT soz ass newt 12eS6m0 A310 TSH tan tas Renee Sos 738 MOT IR 206I9 72% aw Had fr Se doo 2s) nin ats toot) “e
Slide 40: Historical Quarterly Balance Sheet
Historical Quarterly Balance Sheet
Slide 41: Historical Income Statement
| Historical Income Statement (Dollar Values Thousand, except per share data) 2005, 2006 2007 2008 2009 Total Interest Income $36,726 $ 50318 $ STOTT. $ 65657 $84,338 ‘Total Inerest Expense 8.008 17.880 23.79 23.616 24,809 Ne Interest Income 2.718 32,438 ery 41981 39,529 Loan Loss Provision 843 1s 1
Slide 42: Historical Quarterly Income Statement
| Historical Quarterly Income Statement (Dollar Values in Thousands, excep per share data) “Total Interest Income “Total Interest Expense [Net Interest Income {Loan Loss Provision ‘Service Charges on Deposits Gain. oss on Sale of Loans GainLoss on Sale of Seerites Total Nonintrest Income ‘Salaries a
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