First Financial Bancorp. · NASDAQ:FFBC
First Financial Bancorp — Merger or Acquisition (June 2011)
10 slides from First Financial Bancorp's merger presentation, Jun 3, 2011
Slide 1: Acquisition of Liberty Savings Bank, FSB Ohio Branches
exHiarr 99.2 fiRST first financial bancorp Acquisition of Liberty Savings Bank, FSB Ohio Branches June 3, 2011
Slide 2: Forward-Looking Statements Disclosure
fiRST first financial bancorp Forward-Looking Statements Disclosure Sreengeeeeneneclemnmmere en ies ii
Slide 3: Transaction Summary
fiRST first financial bancorp Transaction Summary = Acquiring approximately $346.2 million of deposits and 16 retail branch locations, 12 of which are located in the Dayton, OH MSA = 6.41% net premium on total deposits assumed TST CSUCI «Translates into $22.2 million based on March 31, 2011 deposit
Slide 4: Transaction Highlights
fiRST first financial bancorp Transaction Highlights * Significantly enhances presence in key market of Dayton, OH Strategic network Rationale Ji funds similar to existing * Strong growth potential under First Financial brand, * Positions First Financial as the largest community bank operating in Da
Slide 5: Branch Map and Deposit Market Share
fiRST Branch Map and Deposit Market Share first financial bancorp Southwestern Ohio Pro Forma Deposit Market share Dayton, OH MSA = No true community bank of size remaining in Dayton * Transaction leaves Fat nancial postoned ashe largest community bank headquartered in the a grows in the commercial,
Slide 6: Branch acquisition accelerates growth objectives in Dayton
This branch acquisition allows First Financial to accelerate its growth objectives in the key strategic market of Dayton — Increased market presence provides a strong platform for expansion in the commercial, retail and wealth management business lines. Desirable existing customer and deposit base c
Slide 7: Deposits Assumed and Estimated Loans Acquired
fiRST first financial bancorp Deposits Assumed — $346.2 million Estimated Loans Acquired - $143.3 million sx 1089 Dollars in thousands 104258 ears 103760 20.0% 500.355, 20.1% (Non int Bearing ans. Ceteest Dearing ans. DMINDA and savings Reta tine depose [B.Amoo time ceposts Solid deposit franchise w
Slide 8: Assumptions and Financial Impact
fiRST first financial bancorp Assumptions and Financial Impact estimated to be $171 related costs, will be immediately invested in securities Conservative Financial Assumptions premium classified as goodwill . excluding 4.2% dilutive to tangible book value at closing nai Financial Impact First Finan
Slide 9: Pro forma financial impact table
“Total loans, excluding covered loans “otal deposits “Tangible book value per share ‘Accretion /aluton
Slide 10: Another step on the path to success
fiRST first financial bancorp ‘Another step on the path to success
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