Hometrust Bancshares, Inc. · NYSE:HTB

Hometrust Bancshares — Shareholder Meeting (November 2017)

27 slides from Hometrust Bancshares's shareholder meeting presentation, Nov 28, 2017

  1. Slide 1: Positioned for Growth: Annual Meeting November 27, 2017

    Positioned for growth Annual Meeting November 27, 2017

  2. Slide 2: Forward-Looking Statements

    Positioned for growth 2 Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or

  3. Slide 3: HomeTrust Bancshares, Inc. Overview

    Positioned for growth HomeTrust Bancshares, Inc. Overview Headquarters: Asheville, NC Exchange/Ticker: NASDAQ: HTBI Founded: 1926 Number of Employees: 489 Locations: 43 (NC, SC, VA, TN) Stock Price: $26.30 Total Assets: $3.2 billion Price to TBV: 133% Total Loans: $2.4 billion Market Cap: $500 milli

  4. Slide 4: Transitioning to a High Performing Community Bank: Phases

    Positioned for growth Phase I: Created a Foundation For Growth  Lines of Business – Infrastructure and Talent  New markets for growth Phase II: Executing Our Strategic Plan with a Sense of Urgency  Sound and Profitable Organic Growth  Loans  Deposits  Lower our efficiency ratio  Noninterest i

  5. Slide 5: Strong Footprint for Growth

    Positioned for growth 5 Strong Footprint for Growth

  6. Slide 6: Population Growth Through Addition of New Metro Markets

    Positioned for growth 6 Population Growth Through Addition of New Metro Markets 890,851 890,851 890,851 890,851 890,851 2,222,774 2,222,774 2,222,774 2,512,274 2,512,274 3,113,625 5,625,899 6,349,700 - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 - 1,000,000 2,000,000 3,000,000 4,000,

  7. Slide 7: Commercial Production by Market

    Positioned for growth 7 Commercial Production by Market 22,571 38,151 56,969 53,551 69,902 62,413 12,264 141,336 255,636 461,851 5 5 8 15 19 30 - 5 10 15 20 25 30 2012 2013 2014 2015 2016 2017 $- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 Legacy

  8. Slide 8: Loan Portfolio Composition

    Positioned for growth 8 Loan Portfolio Composition $ 6 2 1 $ 6 0 2 $ 6 6 0 $ 6 5 0 $ 6 2 4 $ 6 8 4 $200 $182 $223 $336 $459 $518 $411 $383 $615 $700 $750 $1,1 5 0 $- $500 $1,000 $1,500 $2,000 $2,500 2012 2013 2014 2015 2016 2017 Lo an B ala n ce Fiscal Year 1-4 Family HELOCs & Other Consumer Commerc

  9. Slide 9: Total Deposits

    Positioned for growth 10/26/2017 9 Total Deposits 51% 47% 40% 31% 25% 49% 53% 60% 69% 75% 77% $0 $250 $500 $750 $1,000 $1,250 $1,500 $1,750 $2,000 $2,250 2012* 2013 2014 2015 2016 2017 Time Deposits Core Deposits (checking, savings, money market) $1,803 $1,155 $1,239 $1,583 $1,872 Fiscal Year Ended

  10. Slide 10: Checking Accounts

    Positioned for growth 10/26/2017 10 Checking Accounts $231 $256 $419 $591 $629 $780 $0 $100 $200 $300 $400 $500 $600 $700 $800 2012 2013 2014 2015 2016 2017 Dollars in millions Fiscal Year Ended

  11. Slide 11: Growing Noninterest Income

    Positioned for growth 11 Growing Noninterest Income  New SBA Line of Business  Gain from loan sales  Third party servicer to keep overhead low  Mortgage Banking  Expanded into 5 of our new metro markets  Added 10 new mortgage loan officers in the last 12 months  Increasing rates to enhance ga

  12. Slide 12: Creating Efficiencies/Expense Management

    Positioned for growth 12 Creating Efficiencies/Expense Management  Consolidated 10 branch offices  Closed 6 overlapping rural offices  Consolidated 4 offices related to acquisitions  Branch optimization staffing study reduced expense $375,000 annually  Changed health care insurance providers to

  13. Slide 13: 5-Year Growth Since Conversion

    Positioned for growth 13 5-Year Growth Since Conversion Conversion Qtr Ended 09/30/2012 09/30/2017 $ % Total Assets $1,603 $3,250 $1,647 103% Total Loan Portfolio $1,203 $2,395 $1,192 99% Total Deposit Portfolio $1,160 $2,100 $940 81% Checking Accounts 239 769 530 222% Money Market/Savings 337 873 5

  14. Slide 14: Improving Earnings Performance

    Positioned for growth 14 Improving Earnings Performance $9,746 $8,256 $11,784 $12,228 $17,111 $5,595 $22,380 $0.49 $0.44 $0.61 $0.70 $0.94 $1.20 $- $0.20 $0.40 $0.60 $0.80 $1.00 $1.20 $- $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 (annualized) Net I

  15. Slide 15: Total Shareholder Return Performance

    Positioned for growth 100.0 120.0 140.0 160.0 180.0 200.0 220.0 240.0 07/11/12 06/30/13 06/30/14 06/30/15 06/30/2016 06/30/2017 09/30/2017 Total Return Performance HomeTrust Bancshares, Inc. NASDAQ Bank NASDAQ Composite Total Shareholder Return 15

  16. Slide 16: Fiscal Year Ended June 30, 2017 Highlights

    Positioned for growth 16 Fiscal Year Ended June 30, 2017 Highlights A. As Reported 06/30/2017 06/30/2016 Amount Percent Net income 11,847$ 11,456$ 391$ 3% EPS - diluted 0.65$ 0.65$ -$ 0% ROA 0.40% 0.42% (0.02%) -5% Net interest margin (tax equivalent) 3.49% 3.37% 0.12% 3.56% Noninterest income 15,44

  17. Slide 17: Quarter Ended September 30, 2017 Highlights

    Positioned for growth 17 Quarter Ended September 30, 2017 Highlights (Dollars in thousands, except per share amounts) A. As Reported 09/30/2017 09/30/2016 Amount Percent Net income 5,567$ 3,824$ 1,743$ 46% EPS - diluted 0.30$ 0.22$ 0.08$ 36% ROA 0.70% 0.55% 0.15% 27% Net interest margin (tax equival

  18. Slide 18: Market Price and Price to Tangible Book

    Positioned for growth 18 Market Price and Price to Tangible Book $16.96 $15.77 $16.76 $18.50 $24.40 $25.65 96.1% 89.2% 92.8% 97.1% 126.0% 129.4% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0% 140.0% $- $5.0 $10.0 $15.0 $20.0 $25.0 $30.0 06/30/2013 06/30/2014 06/30/2015 06/30/2016 06/30/2017 09/30/2017 M

  19. Slide 19: Transitioning to a High Performing Community Bank

    Positioned for growth Transitioning to a High Performing Community Bank 19 Phase I: Created a Foundation For Growth Phase II: Executing Our Strategic Plan with a Sense of Urgency Transitioning to a High Performing Community Bank  Consistently improving performance  Creating value for shareholders

  20. Slide 20: Looking Ahead

    Positioned for growth Looking Ahead The cumulative impact of our team’s work over the past five years has positioned HomeTrust to make fiscal 2018 an inflection point for our financial performance and stockholder returns. 20

  21. Slide 21: Questions and Comments

    Positioned for growth Questions and Comments  In accordance with the Rules of Conduct, each shareholder or proxyholder has an opportunity to ask questions or make comments.  After you are recognized, proceed to the microphone. Please identify yourself by stating your name and whether you are a sto

  22. Slide 22: Thank You Shareholders and HomeTrust Team!

    Positioned for growth Thank You Shareholders and HomeTrust Team!

  23. Slide 23: Non-GAAP Disclosure Appendix

    Positioned for growth Non-GAAP Disclosure Appendix 23

  24. Slide 24: Non-GAAP financial measures explanation

    Positioned for growth In addition to results presented in accordance with generally accepted accounting principles utilized in the United States ("GAAP"), this presentation contains certain non-GAAP financial measures, which include: tangible book value per share, net income excluding merger-related

  25. Slide 25: Non-GAAP Disclosure Reconciliation: Tangible Book Value

    Positioned for growth 25 Non-GAAP Disclosure Reconciliation Set forth below is a reconciliation to GAAP of tangible book value, tangible book value per share, and share price to tangible book:

  26. Slide 26: Non-GAAP Disclosure Reconciliation: Net Income, ROA, EPS

    Positioned for growth 26 Non-GAAP Disclosure Reconciliation Set forth to the right is a reconciliation to GAAP net income, ROA, and EPS as adjusted to exclude merger-related expenses, nonrecurring state tax expense, gain on sale of premises and equipment, and impairment charge for branch consolidati

  27. Slide 27: Non-GAAP Disclosure Reconciliation: Net Income and EPS

    Positioned for growth 27 Non-GAAP Disclosure Reconciliation Set forth below is a reconciliation to GAAP net income and EPS as adjusted to exclude merger-related expenses, nonrecurring state tax expense, gain on sale of premises and equipment, loan loss provision (recovery), and impairment charge for

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