Carver Bancorp Inc. · OTC:CARV
Carver Bancorp — Shareholder Meeting (September 2020)
29 slides from Carver Bancorp's shareholder meeting presentation, Sep 17, 2020
Slide 1: Commitment to Community - Annual Meeting of Shareholders
xX CARVER BANCORP, INC. NASDAQ: CARV COMMITMENT TO COMMUNITY ETING OF SHAREHOLDERS
Slide 2: Forward Looking Statements
Forward Looking Statements ented ty the vee of each word a: “beleve” “erpect” “anticipate” “tend” “shold “could” “planed.” “estimated! "potenti" ond sini tome ond phraces, Fawendlocing statements ae abject 4o ets ond uncerinies, inching bt not “Cemeany"| ard Cone Federal Soungs fone (tne “Bane) aper
Slide 3: Presentation Highlights
Presentation Highlights by MichaelT. Pugh, President & CEO * Mission and Impact * Fiscal Year 2020 Highlights * 2020 Achievements * Community Investments * Questions and Answers SYCARVER BANCORP, INC.
Slide 4: Mission and Impact
Mission and Impact SYCARVER BANCORP, INC.
Slide 5: Mission and Impact
Mission and Impact For over 72 years Carver's mission has b priced banking solutions regardless of as fan managed and publicly traded Minority Depository Instituto ‘ovide access fo capital and no-cost fa in the US. today, Corver toining inues in its mision to Minority ond Women-cwned Business Entrep
Slide 6: Banking At A Glance
Banking At A Glance + Seven fultservice branchesin the New York City boroughs of Brooklyn, Manhattan, and Queens + Member of the Alipoint ATM network giving customers access $055,000 ATMs nationwide * Offering a full range of banking services to meet customers’ financial needs. Carver's free mobile
Slide 7: Carver's Banking Network
Carver's Banking Network MANHATTAN BROOKLYN HARLEM, REMOTE ATM Digital Banking:carverbank.com
Slide 8: Fiscal Year 2020 Highlights
Fiscal Year 2020 Highlights SYCARVER BANCORP, INC.
Slide 9: Maintain strong Regulatory Capital - Tier 1 Leverage Ratio
Maintain strong Regulatory Capital as we refine our Operational Infrastructure* Regulatory Capital: as of 3/31/20 the Bank's tier | leverage ratio is 11.25% Tier 1 Leverage Ratio 1.25% 107% 10.16% aie 2019 SXCARVER BANCORP, INC, “=== #22169 ccna an
Slide 10: Maintain strong Regulatory Capital - Total Risk-Based Capital
Maintain strong Regulatory Capital as we refine our Operational Infrastructure* Regulatory Capitakas of 3/31/20the Bank's totalrisk-based capitalratio"*is 16.48% 16.50% 16.40% 16.40% QRCARVERBANCORE, ING: Seeo Ses anor eiiaees 10
Slide 11: Focus on Relationship Banking
Focus on Relationship Banking* Retaining Core Customers Reducing Brokered Deposits ($ in millions} metic bast ato Totaloepaits —— BrleradDeponts SXCARVER BANCORP, INC, “=== #22169 ccna an 7
Slide 12: Strengthening the Balance Sheet
Strengthening the Balance Sheet + Carver intentionally allowed a number of commercial real estate loans to run off its balance sheet due fo regulatory concerns related to the Bank's commercial real estate lending concentration + Aifer the decrease in the commercial real estate loan portfolio, Carver
Slide 13: Strengthening the Balance Sheet
Strengthening the Balance Sheet* + Aligning the loan portfolio with regulatory safety and soundness priorities + Reduction of brokered deposits and non-elationship deposits ($ in millions} se so me ss on 00 0 | | | SXCARVER BANCORP, INC. "=="
Slide 14: Credit Quality for the Bank remains strong
Credit Quality for the Bank remains strong* Non-performing loans to total loans (NPL) 7783 sans sam SXCARVER BANCORP, INC, “=='*2=p e816 nese an “
Slide 15: Performance: Key Operating Metrics 2018 - 2020
Performance: Key Operating Metrics 2018 - 2020* Net Income ($in thousands} Retum on Average Assets pr ots eT i | Net InterestMargin Efficiency Ratio.
Slide 16: Carver's Lending Impact
Carver's Lending Impact 67% of Carver's loans Are focused in New York City + Lendingis primarily concentratedin Carver's coremarket of NewYork | users Cityand focused within the bank's branch footprint Kepotes + Outside of the five ‘Staten sand boroughs, lending is prevalent in Northem New Jersey, W
Slide 17: Growth and Profitability (Lending)
Growth and Profitability (Lending) FY2020 Highlights Increased Gross Loan Ciosings by over 180% vs. FY2019 Non-Performing Assets decreased by 36% vs. FY2019 Carver is well positioned to raise its core proftabitty, enlarge its depository and lending base, and continue helping the underoanked communit
Slide 18: Growth and Profitability (Customer Reach)
Growth and Profitability (Customer Reach) New Digital Banking Services + Enhanced Carver's website with ‘expanded digital banking services ‘and online account opening portal ‘Online account opening is now available in rine states including Washington D.C. As of August 31, 2020, Carver has establishe
Slide 19: Growth and Profitability (Digital)
Growth and Profitability (Digital) Remote Deposit Capture/Business Mobility + March 2020 launch, enabling Carver to attract higher balances from small business depositors Core systems Conversion Transition to Jack Henry data center platform to be completed in February 2021, projected to result in si
Slide 20: Growth and Profitability (Raising Capital)
Growth and Profitability (Raising Capital) "On August 6, 2020, Carver completed its repurchase of 23 million shares of Common Stock of the company from the US. Treasury Department for an aggregate purchase price of $25 million "The purchase of the shares held by the US. Treasury will allow Carver to
Slide 21: Carver Today
Carver Today + Formalized a dedicated effort to originate SBA 7 (a) and 504Program loans supporting our markets + Dedicated commercial lending effort, supporting small businesses and commercial real estate investors + Lending Department's fiscal year 2021 production-to-date over 100% increase from t
Slide 22: Growth and Profitability (Institutional Deposit Relationships)
Growth and Profitability (Retaining and Growing Institutional Deposit Relationships) annette Sulivan-Hyatt S¥CARVER BANCORP, INC.
Slide 23: Carver's Response to Current Social and Economic Challenges
Carver's Response to Current Social and Economic Challenges ond Mai S¥CARVER BANCORP, INC.
Slide 24: Community Investments
Community Investments SYCARVER BANCORP, INC.
Slide 25: Carver in the Community: Dream Charter School, Inc.
Carver in the Community: Dream Charter School, Inc. DREAM CHARTER SCHOOL, Estobishedin 1991 Number of employees: 905 Using the power of teamsto insp¥e youthsto recognize ther potentialandreaize ther dreams Afterschool and summer programs serving more than 2,500 youths each year A¥CARVER BANCORP, INC
Slide 26: Carver in the Community: Dream Charter School, Inc.
Carver in the Community: Dream Charter School, Inc. “Ac 2. Communty Development Francia! Insttution operating in East Harlem we believe that C the some valves thot DREAM does. Carver has povided a constient level of sevice to DREAM Gory together and war vel helpful wth DREAM PPP loan. During the sor
Slide 27: Supporting our Customers
Supporting our Customers Janette Beach AVE /Branch Manager S¥CARVER BANCORP, INC.
Slide 28: Carver Board of Directors
Carver Board of Directors A¥CARVER BANCORP, INC. #
Slide 29: Questions and Answers
Questions and Answers SYCARVER BANCORP, INC. 2
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