Citizens Financial Services, Inc. · NASDAQ:CZFS
Citizens Financial Services — Investor Presentation (April 2021)
20 slides from Citizens Financial Services's investor presentation, Apr 26, 2021
Slide 1: Navigating The Storm 2020
192165 5974150 0113186 838484 24815756 Navigating The Storm 2020
Slide 2: How Well Has Your Bank Responded to COVID?
HOW WELL HAS YOUR BANK RESPONDED TO COVID? YOUR CUSTOMERS WEIGH IN. Top Pandemic Performers in Each State
Slide 3: 2020 Financial Performance
.< 2020 Financial Performance
Slide 4: Efficiency Ratio History
Efficiency Ratio History Finished in the 100th percentile compared to the CZFS peer group for 2020
Slide 5: Return on Equity History
Return on Equity History Finished in the 100th percentile compared to the CZFS peer group for 2020
Slide 6: Return on Assets History
Return on Assets History Finished in the 100th percentile compared to the CZFS peer group for 2020
Slide 7: Total Asset Growth Since 2000
Source: S&P Global Market Intelligence Total Asset Growth Since 2000 ($000) History of Successful Growth Since 2000
Slide 8: Cash Dividends Paid History
Cash Dividends Paid History 1% stock dividend paid in 2016, 2018, 2019 & 2020, and a 5% stock dividend paid in 2017
Slide 9: 2020 Stock Chart: Citizens Financial Services vs. Peers
2020 Stock Chart | Citizens Financial Services, Inc. vs. Peers 1250 (12.50) (25.00) (37.50) (50.00) (50.00) ao” gan0”awa0”'waze”awa0"” wae” 7ia0"”” wazo”wiz0"” orzo” ano” tanao a0 = OTCPK:C2FS:-4.54% | — SNLU.S. Banks, from $16 to $5B in Assets: -14.67% — Peer Group Average: -20.61%
Slide 10: Track Record of Value Creation
Track Record of Value Creation Note: Pre-COVID time period determined as prior to March 1, 2020Note: Market data as of market close on March 28, 2021Source: S&P Global Market Intelligence Under Current Management.. Randy & Mick Took Leadership Roles 1H’2004 Total Return Under Current Leadership: 487
Slide 11: TBV/Share & EPS Growth, Dividend History
Source: S&P Global Market Intelligence TBV/Share & EPS Growth Dividend History Annual Dividend/Share Stock Dividend 1.0% 1.0% 5.0% 1.0% 1.0% 5.0% (1) 1.0%
Slide 12: Current Company Snapshot (12/31/2020)
Current Company Snapshot (12/31/2020) Overview & Trading Information Financial Highlights About Citizens Financial Services, Inc. Assets: $1,891M Deposits: $1,588M Loans: $1,405M Consolidated TCE/TA: 8.7% Bank Leverage Ratio: 8.8% Loan Loss Reserves / Loans: 1.1% MRQ LTM Net Income: $7.2 million $25
Slide 13: Top Most Active Great Lakes OTC Banks / Top Pick
Top 30 Most Active Great Lakes OTC Banks, December 2020 (STIFEL) | ison tarda Bank cop. forcox us. Premi ee ee wage | aaesess | (raz2230) as | ssooare | aosase 1286 oe Top Pick: (Boenning and Scattergood) Citizens Financial Services, Inc. (CZFS) $1.8 Billion Assets | $220 Million Market Cap as of De
Slide 14: 2020 Strategic Initiatives
.< 2020 Strategic Initiatives
Slide 15: COVID Task Force
COVID Task Force Designed to:Protect our EMPLOYEES.Protect our CUSTOMERS.Keep our COMPANY strong.
Slide 16: We Grew Our Organization / We Fought COVID
We Grew Our Organization | | We Were a Lending ‘We Fought COVID! Machine! + MidCoast Community Bancorp ne, + Instituted safety measures to headquartered in Delaware, became FCCB Lenders protect customers and staff while FCCB adding 3 offices and $236 refinanced 460 safety keping lobbies open. milion
Slide 17: Years of Service
YEARS OF SERVICE 10 eave) OF GB 20 Ew OF G23 30 YEARS Ga avid) ce * Karen Watson * Kiera Carneiro '* Shandi Rockwell ‘* Samantha Andrews Jarrod Burd Tracey Nudd Jim Rovito * Zach Smith = Molly Christman —————__ _ ‘+ Samantha Roupp + Ashley Petrowski ‘ Jayanna Cavanaugh Teeter + Erin Cole * Danielle
Slide 18: 2021 and Beyond
A 2021 and Beyond
Slide 19: Strategic Tenets
19 4 Strategic Tenets Community – actively supporting the well-being of communities Customer Expectations – exceeding them at every point of contact Financial Performance – to produce exceptional shareholder value Growth – achieved throughrelationship and geographic expansion
Slide 20: Thank you
FIRST CITIZENS COMMUNITY BANK Thank you
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