Solera National Bancorp, Inc. · OTC:SLRK
Solera National Bancorp — Raymond James Bank Conference 2011
19 slides from Solera National Bancorp's conference presentation, Aug 10, 2011
Slide 1: Raymond James Bank Conference
Solera National Bancorp, Inc. RAYMOND JAMES BANK CONFERENCE August 10, 2011
Slide 2: Safe Harbor Statement
This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements contained in this release, which are not historical facts and that relate to future plans or projected results of Solera National Bancorp, Inc. (“Company”)
Slide 3: Key Strengths: Investment Highlights
Page 3 Key Strengths: Investment Highlights Deep value stock trading at 41% of tangible book value. Growth in assets, deposits and loans demonstrate market opportunity and our ability to effectively win customers. Well-capitalized status is key. Experienced senior management and an active, highly vi
Slide 4: Financial Highlights
Financial Highlights 6/30/2011 Total Assets $140.2 million Total Loans $ 58.9 million Total Deposits $113.5 million Shareholders’ Equity $ 19.2 million TCE/Tangible Assets 13.7% Tangible Book Value $7.11 per share Price / TBV 42% Nonperforming Assets/Assets 1.68% Reserves/Loans 2.18% 2Q11 Net Income
Slide 5: 2010 Highlights
2010 Highlights First full year of profitability. Loans grew 16.6% outperforming the majority of Colorado banks. Increased share of deposit market from 5.8% to 8.6%. Capital ratios well exceed regulatory requirements. Strong liquidity to fund future loan growth. 5% decrease in salaries and benefits
Slide 6: Second Quarter 2011 Highlights
Page 6 Second Quarter 2011 Highlights Net income of $100,000 in 2Q 2011, or $0.04 per share. Net interest income climbed 8% to $2.2 million for the first half of 2011. Net interest margin expanded 15 basis points to 3.22% in first 6 months. Total risk-based capital to risk-adjusted assets of 19.7% a
Slide 7: Strong Capital
Strong Capital Page 7 Solera Well Adequately Under National Bank Capitalized Capitalized Capitalized Tier 1 Leverage Ratio 11.3% 5.0% 4.0% 3.0% Tier 1 Risk-Based Capital Ratio 18.4% 6.0% 4.0% 4.0% Total Risk-Based Capital Ratio 19.7% 10.0% 8.0% 8.0% Capital Strength as of June 30, 2011
Slide 8: Our Served Market
Our Served Market Denver, Colorado metropolitan area (6 counties known as the “Front Range”) Demographic Data Population – 2.5 million Hispanic Population – approx. 24% Businesses – approx. 97,000 Workforce – 1.2 million Marketwatch 6th best location for business of 50 largest Metro Areas Highly des
Slide 9: Community Support
Page 9 COMMUNITY SUPPORT Extensive support for community based organizations President’s Community Advisory Council Sponsoring financial literacy Banking expertise for non-profits Promoting volunteerism Building reputation Generating community goodwill
Slide 10: 3-Mile Radius from Solera
3-Mile Radius from Solera Page 10 7,250 Businesses 97,000 Employees 52% Hispanic Households 198,000 Residents 140,000 vehicles per day at branch intersection
Slide 11: Market Opportunities, Expansion Potential
Page 11 Market Opportunities, Expansion Potential
Slide 12: 3-Mile Radius from Solera: Deposit Market Share
Page 12 3-Mile Radius from Solera Zip Codes* 80204, 80214, 80219, 80223, 80226, 80232 2009 2008 Institution Name $ of Deposits Market Share Market Share Market Share FIRSTBANK OF LAKEWOOD 339,460 25.24% 26.66% 24.92% WELLS FARGO BANK NA 227,003 16.88% 11.83% 12.76% WACHOVIA BANK NATIONAL ASSN - - 9.
Slide 13: Deposit Portfolio Mix
Page 13 Deposit Portfolio Mix $113.5 Million as of June 30, 2011
Slide 14: Loan Portfolio Mix
Page 14 Loan Portfolio Mix $58.9 Million as of June 30, 2011
Slide 15: Solid Asset Quality
Page 15 Solid Asset Quality 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% 2007 2008 2009 2010 2Q11 NPA/Assets Reserves/Loans
Slide 16: Nonperforming Assets to Tier 1 + ALLL
Page 16 Nonperforming Assets to Tier 1 + ALLL Data Source: Independent Firm of Banker’s Caddy 0.00 20.00 40.00 60.00 80.00 100.00 2q06 3q06 4q06 1q07 2q07 3q07 4q07 1q08 2q08 3q08 4q08 1q09 2q09 3q09 4q09 1q10 2q10 3q10 4q10 1q11 2q11 Solera National Bank Upper Quartile Median Lower Quartile
Slide 17: Executing on Plan
Page 17 Executing on Plan Our strong balance sheet, general conservatism and constant focus on risk management has served us well. We have continuously invested in systems, infrastructure, people and products Platform for growth in place Prudent risk management policies and procedures Rising net int
Slide 18: Committed to the Fundamental Tenets of Banking
Page 18 Committed to the Fundamental Tenets of Banking Solera is benefiting from an increasing number of customers who embrace the “Back to Basics of Banking.” We have gained many new customers who seek the personalized services and localized decision making that a community bank like ours consisten
Slide 19: Thank you for your time and interest!
Page 19 The Light of a New Banking Era® Thank you for your time and interest!
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