Civista Bancshares, Inc. · NASDAQ:CIVB
Civista Bancshares — Shareholder Meeting (April 2025)
23 slides from Civista Bancshares's shareholder meeting presentation, Apr 15, 2025
Slide 1: Annual Shareholder Meeting April 15, 2025
NASDAQ: CIVB Annual Shareholder Meeting April 15, 2025
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Forward‐Looking Statements. This presentation may contain “forward‐looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward‐looking statements express management’s current expectations, estimates or projections of fu
Slide 3: Welcome & Introductions
Chairman of Civista Bancshares, Inc. and Civista Bank DENNIS E. MURRAY, JR. WELCOME & INTRODUCTIONS
Slide 4: Meeting officers and secretaries
President & Chief Executive Officer, Civista Bancshares, Inc. DENNIS SHAFFER Corporate Secretary, Civista Bancshares, Inc. LANCE MORRISON Recording Secretary , Civista Bancshares, Inc. KAREN TERENZI
Slide 5: Auditor, counsel and tabulator representatives
PLANTE MORAN, LLC BRIAN FRANEY Vorys, Sater, Seymour and Pease, LLP TONY WEIS BetaNXT / DFIN REX MORGAN
Slide 6: 2025 Annual Meeting: Notice, Affidavit, 2024 Minutes
2025 ANNUAL MEETING NOTICE OF MEETING AFFIDAVIT 2024 MEETING MINUTES
Slide 7: Proposal Presentation
PROPOSAL PRESENTATION PROPOSAL NO. 1: Election of Directors PROPOSAL NO. 2: Compensation of Executive Officers PROPOSAL NO. 3: Frequency of future advisory votes on the compensation of the Corporation’s named executive officers. PROPOSAL NO. 4: Amendment to Article XI of the Corporation’s Amended an
Slide 8: Management Presentation
MANAGEMENT PRESENTATION President & Chief Executive Officer, Civista Bancshares, Inc. DENNIS SHAFFER
Slide 9: Board of Directors
BOARD OF DIRECTORS Front row: Darci Congrove, Lorina Wise, Dennis Shaffer, Dennis Murray, M. Patricia Oliver, Julie Mattlin, James Miller. Back row: Gerald Wurm, Clyde “Chip” Perfect, Harry Singer, Nathan Weaks, Mark Macioce.
Slide 10: Retiring Board Member
RETIRING BOARD MEMBER 51 years in Banking Joined Citizens (now Civista) in 1986 as Vice President of Finance. Held several roles during his 31 years at Civista. Retired from Civista Bank as CEO in 2017. Board Member since 2007 Chairman of the Board 2007 – 2022 Decades of Community Leadership James M
Slide 11: Retiring Board Member
RETIRING BOARD MEMBER Served on the following: Firelands Regional Medical Center Mack Iron Works Company Albert & Olive Schlink Foundation Sandusky Area Maritime Association (founding board member) Erie County Historical Association Sandusky Bicentennial Commission Erie County Economic Development C
Slide 12: Thank You Colleagues
> CO THANK YOU COLLEAGUES
Slide 13: A Year of Transition
A YEAR OF TRANSITION Regulatory reform Margin contraction Competitive deposit rate environment Loss of $5.2 million in non-interest income related to tax processing business and other fees
Slide 14: 2024 Financial Performance
2024 FINANCIAL PERFORMANCE Net Income of $31.7 million, EPS of $2.01 Crossed $4 Billion in assets in Q2 2024, ended 2024 $4.1 Billion 7.7% loan growth; 7.6% deposit growth in 2024 Non-interest income $585 thousand greater in 2024 than non- interest income for 2023 Non-interest income 24% of revenue;
Slide 15: Financial Highlights
FINANCIAL HIGHLIGHTS Increased shareholder dividend to $0.17/share in January 2025 7th dividend increase since 2018 (143% increase) 2024 Total Shareholder Return of 17.6% 6 research firms; target stock price range of $24-27. Ratings: 1 strong buy, 3 buy, 2 hold
Slide 16: Celebrating Years
CELEBRATING 140 YEARS Founded and headquartered in Sandusky, OH since 1884 Grown from 4 to over 540 employees 42 locations across Ohio, Southeastern Indiana and Northern Kentucky Operations in Ohio’s 5 largest MSAs Diversified Revenue Streams Business & Personal Banking Wealth Management Private Ban
Slide 17: Celebrating Years
140 | CELEBRATING 140 YEARS YEARS ——
Slide 18: Decades of Dedication
DECADES OF DEDICATION 40-50 Years 4 30-39 Years 20 20-29 Years 36 10-19 Years 91 10+ Years of Service 151 (28%) Employee Tenure: 10+ Years of Service Presenter Notes 2025-04-14 14:46:17 -------------------------------------------- 5 years = 108 1-5 years = 185 <1 year = 79
Slide 19: Strategic Priorities 2024-2027
Grow Relationships & Core Deposits Position Digital to Grow the Bank Invest in Talent & Culture to Drive the Strategic Plan Leverage Technology to Optimize Profitability Increase digital deposit account openings Implement enhanced fraud prevention tools Enhance data analytics tools Deepen existing r
Slide 20: Thank You
THANK YOU We appreciate your investment in our vision.
Slide 21: Questions & Answers
QUESTIONS & ANSWERS
Slide 22: Voting Results
VOTING RESULTS PROPOSAL NO. 1: Election of Directors PROPOSAL NO. 2: Compensation of Executive Officers PROPOSAL NO. 3: Frequency of future advisory votes on the compensation of the Corporation’s named executive officers. PROPOSAL NO. 4: Amendment to Article XI of the Corporation’s Amended and Resta
Slide 23: Se sty
Se sty 2 CIVISTA for BANCSHARES, INC. NASDAQ: CIVB
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