Mvb Financial Corp. · NASDAQ:MVBF
Mvb Financial — Shareholder Meeting (May 2014)
23 slides from Mvb Financial's shareholder meeting presentation, May 20, 2014
Slide 1: Investing for the Future 2014 Annual Shareholders Meeting
Investing for the Future 2014 Annual Shareholders Meeting Bridgeport, West Virginia May 20, 2014 “We have acted for tomorrow, knowing we could not rest on today.” – Larry Mazza, CEO
Slide 2: Forward Looking Information
Forward Looking Information Certain matters discussed in this presentation, which are based on other than historical data, are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations or forecasts of future ev
Slide 3: Investing for the Future Actions
Investing for the Future Actions Diversifying Income (Mortgage, Insurance) Market Expansion (Charleston, NOVA) Top Talent (Organizational Development) Capital Raise (Two campaigns - nearly $90M) Technology (Systems, new Mobile App platform) Facilities (New Locations) Governance (New & Retiring Direc
Slide 4: Solid 2013 Results – Net Income
Solid 2013 Results – Net Income
Slide 5: Total Assets Grew by 36%
Total Assets Grew by 36% $1,000,000 $987,060 $900,000 $800,000 eae $700,000 $600,000 ay $500,000 $400,000 $952,762 $300,000 $200,000 $100,000 + $414,267 (Thousands) Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 FINANCIAL
Slide 6: Total Loans Grew by 40%
Total Loans Grew by 40% iv] FINANCIAL
Slide 7: Total Deposits Increased by 43%
Total Deposits Increased by 43%
Slide 8: MVB Financial: Demonstrating Strength
= Regulatory Well-Capitalized Minimum Levels Demonstrating Strength with Capital Ratios Steadily Increasing Market Capitalization = MVB Bank Information as of December 31, 2013 (1) Based on offering price of $32.00 and current number of shares. (1) MVB Financial: Demonstrating Strength 10.00% 6.00%
Slide 9: MVB: Recent Capital Raises
2012/2013 private placement goal of $20 million with an over allotment of $25 million; final capital raise closed strong at $27 million 2013/2014 private placement goal of $50 million with total raised to date of $61 million in common and preferred stock and subordinated debt Strong Demand for Stock
Slide 10: MVBFC Performance vs. Market
MVBFC Performance vs. Market
Slide 11: Bank Recognized as Safe & Secure
Bank Recognized as Safe & Secure Non-performing loan ratio 0.13% Among LOWEST in the country DepositAccounts.com A+ Rating 2013 Bauer Financial Inc. 5-Star Rating Safety, Soundness and Financial Strength
Slide 12: West Virginia Organic Growth
West Virginia Organic Growth Expanded West Virginia footprint in strong markets: Sabraton (Morgantown) Edwin Miller Blvd. (Martinsburg) Charleston (Downtown) White Hall (In Development)
Slide 13: MVB Bank - Key 2013 Actions
Established Commercial Loan Office in NOVA Entered into asset purchase agreement with CFG Community Bank Enhanced technology in our products and services MVB Bank - Key 2013 Actions
Slide 14: MVB Mortgage - Key 2013 Actions
MVB Mortgage - Key 2013 Actions Completed integration in mid-year Experienced management continues fully engaged Expanded partnerships in processing operations Made quick adjustments to changing market conditions Developed plans to expand offices in region Created more cross-sales opportunities with
Slide 15: MVB Insurance - Key 2013 Actions
Increased our investment Hired experienced leaders (Randy Cober & Ken Juskowich) Built professional team (30 professionals) Saw strong performance “out of the gate” Sought best locations for production offices Continued exploring expansion opportunities MVB Insurance - Key 2013 Actions
Slide 16: Market Presence
Market Presence Washington DC Fairfax Reston McLean Ashburn Charles Town Cheat Lake Sabraton / Morgantown Fairmont White Hall Clarksburg Bridgeport Charleston Wheeling Morgantown MVB BANK MVB LPOs / Future MVB MORTGAGE MVB INSURANCE Edwin Miller Blvd., Martinsburg Foxcroft, Martinsburg
Slide 17: 2014 Priorities
2014 Priorities Helping Clients Be Successful Client Experience & Development Talent & Team Development Sound Growth with Quality Operational Excellence ONE VISION. ONE TEAM. ONE COMPANY. ONE VOICE.
Slide 18: Enhanced Governance
Enhanced Governance Restructuring of Boards based on legal changes New members & retired members New leadership: Stephen F. Brooks, Chairman David Alvarez, Vice Chairman Established Mortgage & Insurance Boards Updated governance documents Initiated Community Boards MVB Financial Corp . Board of Dire
Slide 19: Caring for our Communities
Caring for our Communities Beyond helping clients in financial matters, MVB is committed to the communities it serves. In 2013, Team MVB volunteered more than 3200 hours MVB Financial Corp., contributed more than $250,000
Slide 20: Appreciation of Stakeholders
Appreciation of Stakeholders Teammates, many thanks for what you achieve everyday across our companies. Loyal Clients, old and new, who trust us to serve them well, our sincere gratitude, everyday. Shareholders, including our newest ones this past year, thank-you for your investment in us. To our Bo
Slide 21: Notable Board Service
Notable Board Service MVB has been well-served by the following Directors who ended their formal Board duties this past year: Berniece D. Collis Brian D. Gilpin Maria K. Lorensen Kenneth F. “Trip” Lowe, III Dr. Saad Mossallati Christopher B. “Cricky” Shultz John B. Spadafore Louis Spatafore
Slide 22: With Sincerest Gratitude
With Sincerest Gratitude James R. “Dick” Martin Founding member of MVB, Inc. (1997) Served as CEO until 2005 Chairman of the Board until 2013 A Banker’s banker Community leader Strong client focus, everyday
Slide 23: Thank You!
Thank You! What comments or questions do you have?