CIB Marine Bancshares, Inc. · OTC:CIBH
CIB Marine Bancshares — Shareholder Meeting (April 2026)
41 slides from CIB Marine Bancshares's shareholder meeting presentation, Apr 30, 2026
Slide 1: Annual Shareholder Meeting
Annual Shareholder Meeting April 30, 2026 1:00pm Central Previous Close (April 29, 2026) S&P 500 Index INX $7,135.95 Dow Jones Industrial Average Index INDU $48,861.81 KBW Regional Banking Total Return Index KRXTR $265.99 CIB Marine Bancshares, Inc. CIBH $39.70 (Financial information is as of 12/31/
Slide 2: Call to Order
Call to Order Mark A Elste Chairman of the Board of Directors
Slide 3: Forward Looking Statements
Forward Looking Statements CIB Marine has made statements during today's presentation that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. CIB Marine intends these forward-looking statements to be subject to the safe harbor crea
Slide 4: Meeting Organization
Meeting Organization Official Business o Proposal 1: Election of Directors o Proposal 2: Ratification of Independent Public Accounting Firm o Adjournment ¢ Management's Presentation to Shareholders Chairman’s Presentation to Shareholders Shareholder Questions
Slide 5: Board of Directors
Board of Directors A President & CEO of J. Brian Chaffin CIB Marine Bancshares & CIBM Bank Gina M. Cocking CEO & Managing Director of Colonnade Advisors, LLC JoAnn M. Cotter Retired partner of Wipfli LLP Chairman of the Boards of CIB Marine Bancshares, Inc. and CIBM Bank Chief Information Officer an
Slide 6: Board Committee Leadership
Board Committee Leadership Chair: JoAnn Cotter ViceChair: Mark Hen S Nominating Chair: Ronald Rhoades New Business Chair: Rhonda Hopps ViceChairs: Gina Cocking & JoAnn Cotter Investment Advisory Chair: Mark Elste
Slide 7: Executive Management
Executive Management President & CEO of CIB Marine Bancshares & CIBM Bank Chief Financial Officer of CIB Marine Bancshares, Inc. & CIBM Bank Chief Administrative Officer & General Counsel of CIB Marine Bancshares, Inc. & CIBM Bank Chief Credit Officer of CIB Marine Bancshares, Inc. & CIBM Bank 3. Br
Slide 8: Proposal 1: Election of Directors
Proposal 1: Election of Directors Nominated Directors Gina M. Cocking MarkA. Elste Steven C. Palmitier
Slide 9: Proposal 2: Ratification of Independent Registered Public Accounting Firm
Proposal 2: Ratification of Independent Registered Public Accounting Firm Crowe LLP
Slide 10: Meeting Adjourned
Meeting Adjourned Any shareholders wishing to vote via phone or internet must submit votes at this time.
Slide 11: Management's Presentation to Shareholders
Management's Presentation to Shareholders J Brian Chaffin President & CEO
Slide 12: 2025 Key Financial Highlights
2025 Key Financial Highlights (dollars in 000) FY 2025 FY 2024 Net Income $1,580 $5,442 ROAA) 0.19% 0.61% Net Interest Income $22,022 $20,841 Net Interest Margin 2.72% 2.42% Provision for (Reversal of) Loan Losses(2) $1,135 (S463) Non-Interest Income $6,517 $13,152 Non-Accrual Loans/Loans 1.31% 0.81
Slide 13: Select Earnings Variance
Select Earnings Variance (dollars in thousands) 2025 2024 Variance Description Net Interest Income $22,022 $20,841 $1,181 _ Improved cost of funds Provision for Loan Loss $1,135 ($463) $1,598 _Q4’25 charge-offs Non-Interest Income $6,517 $13,152 ($6,635) Net Mortgage Banking Revenue $5,068 $7,203 ($
Slide 14: Select Segment Level Revenue Components
Select Segment Level Revenue Components Net Interest Income Non-Interest Income Mortgage Mortgage (dollars in millions) Total Banking Banking Other (dollars in millions) Total Banking Banking Other 2021 $23.3 $22.7 $0.6 $0.0 2021 $15.1 $0.3 $14.8 $0.0 2022 $23.9 $24.0 $0.3 ($0.4) 2022 $5.5 $0.5 $4.9
Slide 15: Net Interest Income & Margin
Net Interest Income & Margin NET INTEREST INCOME (000s) NET INTEREST MARGIN 915 ZC q $23, 2021 2022 2023 2024 2025 26Q) 2021 2022 2023 2024 2025 26Q) mam Net Interest Margin — Yield on Earning Assets == Cost of Interest Bearing Liabilities
Slide 16: Mortgage Division
Mortgage Division CIBM MorRTGAGE CIBM MoRTGAGE LOAN ORIGINATIONS (000s) NET INCOME (000s) $450,000 $5,832 300,000 $ ‘ $2,746 $150,000 $660 $7 = $45 $0 -$903 ~$709 DAOoOoRANY YH 5 SN NAAN OQ — _ je) oon) fo) a Oo A N m uw XS &anakKRRRAK o £ 3s FF § F B N N N in N AN N m Purchase money” m Refinance
Slide 17: Commercial Banking
Commercial Banking COMMERCIAL LOAN ORIGINATIONS $150 million $75 million $0 million 2022 2023 2024 2025 26Q1 mg Originations —@- Actual to Budget
Slide 18: Loan Portfolio
Loan Portfolio GEOGRAPHIC DISTRIBUTION (000s) PORTFOLIO SEGMENTS (000s) $300,000 $800,000 $150,000 $400,000 $0 ¢O IL WI IN Other 2022 2024 26Q1 m Other Consumer m Purchase Home Equity m Other Consumer m Purchase Home Equity mHome Equity m Residential mHome Equity m Residential mConstruction & Develo
Slide 19: Government Guaranteed Lending
Government Guaranteed Lending SBA 7(A) LOANS AND GAINS ON SALE (0005) SBA LOANS BY TYPE (0005) $10,000 $622 $18,000 7 7 / : s “ El 2022 2023 2024 2025 26Q)1 2022 2023 2024 2025 26Q)1 mmm SBA 7(a) Loans Sold m SBA 504 Loans Originated —@- SBA 7(a) Gains on Sale @ SBA 7(a) Loans Originated
Slide 20: Retail Division
Retail Division DEPOSITS BY MARKET (000s) DEPOSITS BY TYPE (000s) $400,000 m Time Deposits $800,000 m Savings m Checking $200,000 $400,000 $0 $0 IL WI IN Other 2O?? 2024 2024 2025 26Q1 Branches: 6 2 1 * m= Time Deposits *Other includes parent and non-bank subsidiary, mSavi ngs brokered, listing serv
Slide 21: Credit Administration
Credit Administration NET CHARGE OFFS TO AVERAGE LOANS LOAN CLASSIFICATION/TOTAL LOANS 0.20% 3.00% 150% 0.01% — — ii -0.01% | iy -0.06% -0.08% 0.00% 2022 2025 2024 2025 26Q) 2022 2023 2024 2025 26Q) mSpecial Mention mSubstandard m= Doubtful
Slide 22: Credit Administration
Credit Administration NONPERFORMING ASSETS/TOTAL ASSETS NoNAccRUAL LoANS/TOTAL LOANS 1.89% 1.77% 131% 1.30% 2019 2020 2022 2025 2024 2025 26Q) 2019 2020 2022 2023 2024 2025 26Q) Nonperforming assets includes non-accrual assets, OREO, restructured loans and loans 90 days or more past due and still ac
Slide 23: 1st Quarter 2026 Highlights
1s Quarter 2026 Highlights (dollars in 000s) Qi 2026") Qi 2025") FY 2025 FY 2024 Net Income’?) $586 $321 $1,580 $5,442 ROAA}?) 0.29% 0.15% 0.19% 0.61% Net Interest Income $5,826 $5,289 $22,022 $20,841 Net Interest Margin 2.97% 2.62% 2.72% 2.42% Provision for (Reversal of) Loan Losses(*) $268 $42 $1,
Slide 24: 2025 Results & 2026 Guidance
2025 Results & 2026 Guidance fcc lersintniilicnstexcentpensharetdate) 2025 Actual 2025 Guidance 2026 Guidance Net Income $1.6 $1.6 - $4.2 $2.6 - $4.4 Total Assets $833 $850 - $896 $824 - $854 ROAA 0.19% 0.23% - 0.46% 0.32% - 0.51% EPS - Basic $1.19 $1.42 - $3.07 $1.99 - $3.30 - Diluted $1.15 $1.37 -
Slide 25: Chairman's Presentation to Shareholders
Chairman's Presentation to Shareholders Mark A Elste Chairman of the Board of Directors
Slide 26: Tangible Book Value
Tangible Book Value Q1’26 2025 2024(1) 2023 2022!) 2021 Tangible Book Value S$ 61.09 $60.95 $57.37 $53.35 $53.19 $56.44 Tangible Book Value 52.30 52.38 47.83 42.30 40.75 45.03 Excluding DTA $ $ $ $ $ $ Tangible Book Value Post Pref. Series B Conversion S$ 61.09 $60.95 $57.37 $41.14 $40.84 $43.16 (1)
Slide 27: Common Stock Repurchase Plan
Common Stock Repurchase Plan Summary of CIBH Repurchase Activity (02/06/25 - 03/31/26) Shares purchased 64,100 % of outstanding shares purchased 5% Total purchase price $2.3 million Price per share $35.99 Estimated return on purchases ") 60% Change in CIBH (since 02/05/25) (2 30% Change in KRXTR (si
Slide 28: Common Stock Repurchase Plan - Accretion to Tangible Book Value
Common Stock Repurchase Plan - Accretion to Tangible Book Value (TBV) Total Tangible Assets — Total Liabilities TBV per Share = Total Shares Outstanding When a company buys back stock below tangible book value: * The Numerator (Equity): Decreases by the actual cash spent on the buyback. * The Denomi
Slide 29: Common Stock Repurchase Plan - Accretion to Earnings Per Share
Common Stock Repurchase Plan - Accretion to Earnings Per Share (EPS) The effect of purchases below TBV on earnings per share has two parts: * The Denominator Effect: Even if total profit stays the same, EPS increases because that profit is now divided among fewer shares. * The Opportunity Cost: To p
Slide 30: CIBH Stock Performance
CIBH Stock Performance $100 Investment in CIBH and KRXTR 12/31/2015 to 04/24/2026 $700 ° CIBH * « KRXTR $600 10 per. Mov. Avg. (CIBH) —10 per. Mov. Avg. (KRXTR) $500 % $400 $300 $200 $100 $O 5 RBS 12/36 I2A3VI7 12/3118 12/19 12/31/20 12/3/21 12/31/22 12/3/23 12/31/24 12/3/25
Slide 31: CIBH Stock Performance
CIBH Stock Performance $100 Investment in CIBH and KRXTR 12/31/2023 to 04/24/2026 $200 + ciBii ° KRXTR 5 per. Mov. Avg. (CIBH) $175 —5 per. Mov. Avg. (KRXTR) $150 $125 $100 $75 $50 | 1 1 12/31/23 12/31/24 12/31/25
Slide 32: Shareholder Questions
Shareholder Questions
Slide 33: CIB Marine Bancshares Inc
YX cio marine BANCSHARES INC
Slide 34: Supplemental Financial Information
Supplemental Financial Information
Slide 35: Revenue Trends
Revenue Trends PRIMARY BANKING REVENUES (000s) $45,000 $30,000 - - : a - 2021 2022 2023 2024 2025 26Q1 m@ Net interest income m Deposit service charges m Other service fees m Mortgage banking revenue, net = Other income mSBA 7(a) gains on sale
Slide 36: Select Segment Income & Efficiency
Select Segment Income & Efficiency Mortgage Mortgage Other (dollars in millions) TOtal Banking Banking Other Total Banking Banking NA 2021 $9.2 $6.5 $3.8 ($1.1) 2021 79% 77% 75% - 2022 $5.0 $7.2 ($1.2) ($1.0) 2022 86% 74% 123% - 2023 $2.5 $4.5 ($1.0) ($1.1) 2023 92% 80% 111% - 2024 $7.3 $8.6 ($0.2)
Slide 37: Select Segment Income & Efficiency
Select Segment Income & Efficiency Full Time Employees (FTEs) and FTEs/Total Assets (TAs) Banking TA/Banking Local Customer Mortgage Segment FTEs FTEs Peer TA/FTEs Segment FTEs 2021 117.5 $6.3 $6.7 59.5 2022 114.5 $6.6 $6.9 74.0 2023 103.0 $8.7 $7.4 86.5 2024 102.0 $8.5 $7.7 63.0 2025 99.5 $8.3 $8.3
Slide 38: Staffing Cost & Efficiency
Staffing Cost & Efficiency COMPENSATION EXPENSE (000s) $20,000 $10,000 ' ™ ” - $0 2022 2023 2024 2025 26Q) ™CIBM Non-Mortgage Compensation ™CIBM Mortgage Compensation 2025 2024 2023 2022 2021 2020 Average personnel expense per employee ($000s) CIBM Bank") $111 $111 $96 $101 $103 $90 Custom local pee
Slide 39: Uninsured Deposits & Unrealized Securities Losses
Uninsured Deposits & Unrealized Securities Losses Q1’26 2025 2024 2023 2022 Uninsured Deposits/Total Deposits 22% 21% 20% 20% 29% vavealized Gain (Loss) on AFS Securities, net (in ($2.8) ($2.4) ($5.1) ($5.5) ($6.8) Unrealized Gain (Loss) on AFS Securities/ AFS Securities: CIBM Bank (3.1%) (2.6%) (5.
Slide 40: Deferred Tax Asset (DTA)
Deferred Tax Asset (DTA) (dollars in millions, except per share data) Q1’26 2025 2024 2023 Current tax provision") $181 $542 $1.8 $0.5 Net DTA $11.6 $11.4 $13.0 $14.8 ve TA per share of common $8.78/share $8.57/share $9.54/share $11.05/share (1) Tax provision includes federal and state tax provision
Slide 41: CIBH Stock Performance
CIBH Stock Performance Traded Stock Ending Price per value Volume Weighted Average Annual Total Return Since Share() (current yr annualized) Average Price YTD!) 12/31/092) 12/31/15?) 12/31/24”) 12/31/2009 $1.65 57,531 $2.31 12/31/2010 $1.28 125,221 $3.51 -23% 12/31/2011 $2.70 149,595 $1.79 28% 12/31
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