Summit State Bank · NASDAQ:SSBI
Summit State Bank — Investor Presentation (July 2019)
12 slides from Summit State Bank's investor presentation, Jul 22, 2019
Slide 1: Form 8-K Current Report - Summit State Bank
FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 12 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): July 22, 2019 Summit State Bank (Exact Name of Registrant as Specified in Charter) California 32
Slide 2: Item 7.01 Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure From time to time, Officers of Summit State Bank (the “Company”) will make presentations regarding the Company at various groups. The slides furnished as Exhibit 99.1 to this Current Report on Form 8-K were prepared for the presentation. The information in this re
Slide 3: Signature
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Dated: July 22, 2019 SUMMIT STATE BANK By: /s/__Camille Kazarian____ Camille Kazarian Executive Vice Pres
Slide 4: Exhibit Index
Exhibit Index Exhibit Description Number 99 Presentation slides as of July 22, 2019 4
Slide 5: 99. Presentation slides as of July 22, 2019
99. Presentation slides as of July 22, 2019 5
Slide 6: Turning Headwinds into Tailwinds; Repositioning Balance Sheet
TURNING HEADWINDS INTO TAILWINDS Repositioning Balance Sheet Increasing Asset Yield Stabilizing Cost of Funds Stabilizing Non-Interest Expenses Maintaining Credit Quality Increasing Non-Interest Income SRMHe HES Creating a Sustainable Culture of Success REPOSITIONING BALANCE SHEET June 30, 2017 June
Slide 7: Increasing Asset Yield; Stabilizing Cost of Funds
INCREASING ASSET YIELD 5.25% $7,500 5.00% $7,000 $6,500 4.75% $6,000 4.50% $5,500 4.25% $5,000 4.00% $4,500 $4,000 3.75% $3,500 3.50% % $3,000 > oe > > > oe SS SS S Ss Sf SF mmTotal Interest Income Loan Yield ==Asset Yield joning assets tightened difference between Asset Yield and Loan Yield = Focus
Slide 8: Stabilizing Non-Interest Expenses; Maintaining Credit Quality
STABILIZING NON-INTEREST EXPENSES 75.00% $4,000 $3,800 70.00% $3,600 $3,400 65.00% $3,200 $3,000 60.00% $2,800 $2,600 55.00% $2,400 $2,200 50.00% $2,000 a ro se & ro mmTotal Non-Interest Expense —Efficiency Ratio = Beginning late 2016, added staff to improve customer service and support growth, stab
Slide 9: Increasing Non-Interest Income; Understanding Financial Results from Growth
INCREASING NON-INTEREST INCOME 12.00% $700 10.00% $600 500 8.00% ¥ $400 6.00% $300 4.00% $200 0.00% $0 > & > & & > go © > FF FF FS SC SC SF SF SF SF SF S SS KK SF KS SF KF LK LK LK LK LK msTotal Non-Interest Income —Total Non-Interest Income % to Total Income = Committed to remaining the community b
Slide 10: Creating a Sustainable Culture of Success
CREATING A SUSTAINABLE CULTURE OF SUCCESS = Community banking is all about the people = Management, Board of Directors and employees = Communication = Customer Service = Culture = Current environment is challenging = Low unemployment = Interest in banking as a career is waning = Training and educati
Slide 11: 10-Year History of Summit State Bank: Total Return
10-YEAR HISTORY OF SUMMIT STATE BANK TOTAL RETURN VD “s > oh PP ’ y sot So uP oe NM MMMM MY SD » Phat yee Po Ph yh sis highs Or Oe OC On aC FFF 9 KHeQorsgae 8 Ov —Summit State Bank —=Bank of Marin Bancorp SUMMIT STATE BANK: AIMING FOR SUCCESS PP PP WP HW Wh Wh SH > 2 “e eR ee FF oh FF oP aD x? & a\
Slide 12: Thank You from Summit State Bank - Questions
Col |g yy re THANK YOU FROM SUMMIT STATE BANK! AS SUMMIT STATE BANK QUESTIONS 12
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