Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Q4 2017 Earnings Presentation
14 slides from Byline Bancorp's earnings presentation, Jan 26, 2018
Slide 1: Q4 2017 Financial Results
Q4 2017 Financial Results Exhibit 99.1
Slide 2: Forward Looking Statements
Forward Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the antici
Slide 3: Fourth Quarter 2017 Highlights
Fourth Quarter 2017 Highlights Earnings Efficiency Loan Production and Portfolio Revenue Trends Credit Quality Net loss of $766,000, or $0.03 per share, or adjusted net income1 of $7.3 million, or $0.24 per diluted share, excluding: Additional tax expense of $7.2 million, or $0.24 per diluted share,
Slide 4: Diversified Loan and Lease Portfolio
Diversified Loan and Lease Portfolio Loan & Lease Portfolio December 31, 2016 December 31, 2017 ($ in millions) Originated and Acquired Loan & Lease Portfolio Total loans and leases were $2.28 billion at 12/31/17, an increase of $61 million from end of prior quarter Originated portfolio increased by
Slide 5: Stable Core Deposit Base
Total deposits declined $78 million, largely driven by variability in a public deposit relationship during the quarter Non-interest bearing increased to 31.1% of total deposits Core deposit mix remained high at 86.1% Overall total deposit costs increased by 2 bps to 35 bps Stable Core Deposit Base A
Slide 6: Expanding Net Interest Margin
Expanding Net Interest Margin Net interest margin improved 8 basis points linked quarter to 4.26% Net interest margin, excluding accretion income1, increased 7 bps to 3.96% during the quarter Improved mix of earning assets resulting from continued growth of loan and lease portfolio Loan and lease yi
Slide 7: Total Non-Interest Income
Total Non-Interest Income Non-Interest Income Noninterest income of $12.6 million for the quarter Noninterest income increased by 5.9% from 3Q17 primarily due to higher gains on sales of loans ($ in millions) Total SBC Closed Loan Commitments Net Gains on Sales of Loans $132.3 million in closed loan
Slide 8: Disciplined Expense Management
Disciplined Expense Management 4Q17 non-interest expense included $1.3 million in merger-related expenses related to First Evanston acquisition Continued improvement in efficiency ratio reflects strong growth in revenue combined with expense management Salaries and benefits expense increased $795,00
Slide 9: Asset Quality
Asset Quality Asset quality remained stable in 4Q17 NPLs declined 2 bps to 0.74% at 12/31/17 NPAs declined 11 bps to 0.82% at 12/31/17 NCOs were $2.6 million or 47 bps; primarily driven by unguaranteed portion of SBA loans Provision expense was $3.3 million, largely driven by growth in the portfolio
Slide 10: 2018 Outlook and Strategic Priorities
2018 Outlook and Strategic Priorities First Evanston Acquisition Organic Growth Improved Profitability Focused on ensuring a smooth transition for new customers and colleagues Comprehensive plan in place to manage the integration Capitalize on leveraging the strengths of both organizations Drive imp
Slide 11: Appendix
Appendix @ Byline Bancorp, Inc:
Slide 12: Fourth Quarter Financial Summary
Fourth Quarter Financial Summary ($ in millions, except per share data) Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix. (1) (1) (1) (1)
Slide 13: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($ in 000s)
Slide 14: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($ in 000s, except per share data) As of or For the Three Months Ended December 31, September 30, June 30, March 31, 2017 2017 2017 2017 Net income and earning per share excluding significant items Reported Net Income ($766) $9,755 $6,146 $6,560 Significant items: Net deferre