ENB Financial Corp · OTC:ENBP
ENB Financial — Shareholder Meeting (April 2005)
20 slides from ENB Financial's shareholder meeting presentation, Apr 19, 2005
Slide 1: Welcome Shareholders: 2005 Annual Meeting
WELCOME SHAREHOLDERS 2005 Annual Meeting The Difference is in the Details
Slide 2: Order of Business
Order of Business • To establish the number of directors at ten • To elect the directors • To approve and adopt Year 2005 Share Repurchase Program • To amend Articles of Association in regard to Preemptive Rights • To approve and adopt the ENB Dividend Reinvestment Plan
Slide 3: Directors for 2005-2006 Term
Directors for 2005-2006 Term • Paul W. Brubaker • Bonnie R. Sharp • James C. Gibbel • J. Harold Summers • Aaron L. Groff, Jr. • Walter K. Trumbauer • Robert J. Hamilton, IV • Paul M. Zimmerman, Jr. • Willis R. Lefever • Thomas H. Zinn
Slide 4: Dividend Reinvestment and Stock Purchase Plan
Dividend Reinvestment and Stock Purchase Plan • Convenient method to invest dividends • Additional cash payment to purchase shares • Safekeeping of stock certificates
Slide 5: President's remarks
President’s remarks Aaron L. Groff, Jr.
Slide 6: Executive Team
Executive Team • Aaron L. Groff, Jr. Chairman of the Board, President and CEO • Paul W. Brubaker Executive VP, Corporate Secretary • Carl L. Brubaker Sr. VP, Money Management Group • Dale G. Burkholder Sr. VP Lending, Sr. Loan Officer • Barry W. Harting Sr. VP, Administrative Services • Scott E. Lie
Slide 7: Details at ENB
Details at ENB • The way we hire employees • The way we manage • The way we treat customers • The way we build branches • The way we develop products & services • The way we invest in the community
Slide 8: Financial Performance
Financial Performance Scott E. Lied
Slide 9: Disclosures
Disclosures • Unaudited Financial Information – Some of the following slides do present financial information that is unaudited; therefore, this information is subject to adjustments that could be necessary upon completion of the annual audit. • Forward Looking Statements – Some of the material and/
Slide 10: Net Income
Net Income 6,801 $7,000 6,467 6,244 $6,500 Dollars in thousands $6,000 5,357 $5,500 4,963 $5,000 $4,500 $4,000 $3,500 $3,000 2000 2001 2002 2003 2004
Slide 11: Earnings Per Share
Earnings Per Share 2.31 2.13 2.20 $2.20 1.82 $1.80 1.67 $1.40 $1.00 2000 2001 2002 2003 2004
Slide 12: Dividends Per Share
Dividends Per Share 1.04 $1.00 0.96 0.87 0.77 $0.75 0.70 $0.50 2000 2001 2002 2003 2004
Slide 13: Net Interest Income
Net Interest Income $19,000 18,266 17,149 17,577 $17,000 Dollars in thousands 14,800 $15,000 13,747 $13,000 $11,000 $9,000 2000 2001 2002 2003 2004
Slide 14: Net Interest Margin
Net Interest Margin 4.20% 4.09% 4.10% 4.05% 4.00% 3.95% 3.95% 3.90% 3.80% 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Annualized quarterly net interest margin
Slide 15: Peer Analysis
Peer Analysis Performance Ephrata Peer Measure National Average ROAA 1.29% 1.11% ROAE 10.59% 11.56% Efficiency ratio 60.66% 63.99% Loans/Deposits 72.74% 79.71% NPA's/Assets 0.14% 0.47% Per SNL DataSource as shown on the ENB website
Slide 16: Asset Growth
Asset Growth $600.0 526.0 544.1 478.9 Dollars in thousands $500.0 438.9 388.2 $400.0 $300.0 $200.0 2000 2001 2002 2003 2004
Slide 17: Stock Buyback
Stock Buyback • Purchase up to 140,000 shares • Increases EPS and ROAE • Shares held in Treasury
Slide 18: Change in Auditors
Change in Auditors • Simon-Lever LLC. • S. R. Snodgrass • More than 40 year • Established in 1946 relationship • 16 SEC clients • Chose to serve only • 110 financial non SEC clients. industry clients
Slide 19: Results of Voting
Results of Voting • To establish the number of directors at ten • To elect the directors • To approve and adopt Year 2005 Share Repurchase Program • To amend Articles of Association in regard to Preemptive Rights • To approve and adopt the ENB Dividend Reinvestment Plan
Slide 20: Thank You Shareholders
Thank You Shareholders , | Ss i>