Mid Penn Bancorp · NASDAQ:MPB
Mid Penn Bancorp — Piper Sandler Group Investor Meeting (June 2021)
8 slides from Mid Penn Bancorp's conference presentation, Jun 15, 2021
Slide 1: Investor Presentation
Investor Presentation Piper Sandler Group Investor Meeting June 15, 2021 Exhibit 99.1
Slide 2: First Quarter 2021 Results and Recent Developments
First Quarter 2021 Results and Recent Developments Mid Penn Bancorp, Inc. Organic loan growth (excluding PPP and mortgages held for sale) of $60.5 million, representing an annualized growth rate of over 12%, for the first quarter of 2021. Originated over 2,800 of PPP loans in 2021 totaling @ $370 mi
Slide 3: Demonstrated Ability to Drive Balance Sheet Growth
Demonstrated Ability to Drive Balance Sheet Growth Total Loans * ($ in millions) Total Assets ($ in millions) +32% CAGR Core Loans ** ($ in millions) Total Deposits ($ in millions) * Total Loans represents gross loans excluding mortgage loans held for sale. ** Core Loans exclude PPP loans outstandin
Slide 4: Paycheck Protection Program (PPP) Loans and Fees
Paycheck Protection Program (PPP) Loans and Fees Mid Penn Bancorp, Inc. – Total PPP Loan Activity Combining both its 2020 and 2021 PPP loan efforts through May 2021, Mid Penn Bank has funded 7,452 PPP loans with gross loan proceeds totaling over $1.0 billion, helping to protect over 89,000 jobs. We
Slide 5: Increasing Profitability, Stable Margins, and Improving Efficiency
Increasing Profitability, Stable Margins, and Improving Efficiency Return on Average Assets * Net Interest Margin * Return on Average Equity * Efficiency Ratio * * Q1 2021 represents annualized financial metrics; PA Banks $1-$5B Assets peer group includes CCNE, PFIS, ORRF, ACNB, CZNC, CVLY, CZFS, ES
Slide 6: Asset Quality Strength
Reserves to NPLs * NPAs as a % of Assets * Net Charge- Offs to Avg. Loans * * PA Banks $1-$5B Assets peer group includes CCNE, PFIS, ORRF, ACNB, CZNC, CVLY, CZFS, ESSA, NWFL, PWOD, MRBK, FDBC, SOME, FRAF, FNCB, ENBP, EMYB, QNBC, CBFV, RIVE, ASRV, FSMK, MLVF, PBIP, FKYS, FBIP, CFCX, KISB and EMCF (So
Slide 7: Increasing Shareholder Value: Tangible Book Value Per Common Share
Mid Penn’s Tangible Book Value Per Common share at March 31, 2021 was $23.42 reflecting an increase of 4.6% since year-end 2020. For the year ended Dec. 31, 2020, the tangible book value per common share increased 12.2%. Tangible Book Value Per Common Share is a Non-GAAP measure as it excludes goodw
Slide 8: Strategic Initiatives Going Forward
Strategic Initiatives Going Forward Piper Sandler Group Investor Meeting June 15, 2021
MID Penn Bancorp — Piper Sandler Group Investor Meeting (June 2021) on 6ix