Slide 1: F.N.B. Corporation Third Quarter 2012 Earnings Conference Call
Exhibit 99.2 F.N.B. Corporation Third Quarter 2012 Earnings Conference Call October 23, 2012
Slide 2: Cautionary Statement Regarding Forward-Looking Information and Non-GAAP Financial Information
Cautionary Statement Regarding Forward-Looking Information and Non-GAAP Financial Information This presentation and the reports F.N.B. Corporation files with the Securities and Exchange Commission often contain “forward-looking statements” relating to present or future trends or factors affecting th
Slide 3: Additional Information About the Merger
Additional Information About the Merger ADDITIONAL INFORMATION ABOUT THE PENDING MERGER WITH ANNAPOLIS BANCORP, INC. F.N.B. Corporation and Annapolis Bancorp, Inc. will file a proxy statement/prospectus and other relevant documents with the SEC in connection with the merger. SHAREHOLDERS OF ANNAPOLI
Slide 4: 3Q12 Highlights
3Q12 Highlights Strong Operating Results and Sustained Momentum Net income of $30.7 million and diluted earnings per share of $0.22 Net interest margin of 3.70% Strongloangrowth - 13th consecutivequarterof organicgrowth for total loans Strong transaction deposit and customer repurchase growth Good a
Slide 5: 3Q12 Operating Highlights
3Q12 Operating Highlights 3Q12 2Q12 3Q11 Consistent Net income $30,743 $29,130 $23,773 Earnings Growth Earnings per diluted share $0.22 $0.21 $0.19 ROTE 19.10% 19.01% 16.23% Profitability ROTA 1.03% 1.00% 0.95% Performance Net interest margin 3.70% 3.80% 3.79% Efficiency ratio 56.8% 57.7% 59.0% Tota
Slide 6: Sustained Loan Growth
Sustained Loan Growth Linked Quarter and Y-o-Y Loan Growth (%)(1) Positive loan growth results despite declines in the Florida portfolio and the residential mortgage portfolio(3) Y-o-Y Loan Growth ($)(2) Strong year-over-year results for FNB’s commercial and consumer portfolios (1) Average, linked-q
Slide 7: Positive Operating Trends: Pre-Provision Net Revenue Results
Positive Operating Trends: Pre-Provision Net Revenue Results Pre-Provision Net Revenue 21% $147,993 $160,000 $140,000 $122,014 $120,000 21% $100,000 Year-over-Year $80,000 PPNR $60,000 Growth $40,000 $20,000 $- 3Q11 YTD 3Q12 YTD Pre-Provision Net Revenue EPS 9% $1.08 $1.05 $1.06 $1.04 9% $1.02 Year-
Slide 8: Acquisition Announcement: Annapolis Bancorp, Inc.
Acquisition Announcement: Annapolis Bancorp, Inc. Attractive Market Entry Opportunity Natural progression Consistent with stated expansion strategy Market opportunity Attractive demographics Significant commercial banking opportunities Excellent retail and wealth opportunities F.N.B. (FNB) (266 bran
Slide 9: Asset Quality Results
Asset Quality Results(1) $ in thousands 3Q12 2Q12 3Q11 3Q12 Highlights Overall results reflect the consistent, NPL’s+OREO/Total loans+OREO 1.69% 1.93% 2.48% solid performance of the core portfolios (Pennsylvania and Regency portfolios, representing 99.1% of total loans) Total delinquency 1.66% 1.78%
Slide 10: Balance Sheet Highlights
Balance Sheet Highlights 3Q12-2Q12 3Q12 Average Balances, $ in millions Growth(1) 3Q12 Highlights Balance $ % Strong overall loan and transaction Securities $2,252 -$2.5 -0.4% deposit growth Sustained total loan growth Total loans $7,928 $96.3 4.9% th momentum: 13 consecutive quarter of total loan g
Slide 11: Net Interest Margin
Net Interest Margin Net Interest Margin Trend Parkvale Acquisition 1/1/2012 11
Slide 12: Non-Interest Income
Non-Interest Income $ in thousands 3Q12 2Q12 3Q11 3Q12 Highlights Consistent diverse fee revenue sources Service charges $17,666 $17,588 $16,057 and results Insurance commissions and fees 4,578 3,882 4,002 Insurance commissions and fees benefited from seasonal commissions Securities commissions 2,10
Slide 13: Non-Interest Expense
Non-Interest Expense $ in thousands 3Q12 2Q12 3Q11 3Q12 Highlights Positive efficiency ratio trends Salaries and employee benefits $41,579 $41,070 $37,149 OREO expenses trending favorably Occupancy and equipment 11,568 11,862 10,263 Operating leverage from Parkvale Amortization of intangibles 2,242
Slide 14: Capital Position
Capital Position (1) June 30, 2012 September 30, 2012 14.0% 12.0% 12.3% 12.0% 10.5% 10.7% 10.0% 8.1% 8.2% 8.0% 6.0% 6.0% 6.0% 4.0% 2.0% 0.0% Total Risk-Based Tier One Leverage Tangible Common Equity (1) September 30, 2012 Total Risk-Based and Tier One represent estimated ratios 14
Slide 15: Concluding Remarks
Concluding Remarks Strong third quarter and year-to-date results FNB is well-positioned Significant achievements andprogress oninitiativesthroughthefirstninemonthsof 2012 Integrated the Parkvale acquisition E-delivery platform strategy execution Branch optimization/efficiency enhancement plan announ
Slide 16: Appendix
Appendix 16
Slide 17: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Return on Average Tangible Equity Return on Average Tangible Assets For the Quarter Ended September 30 Year-to-Date September 30, 2012 June 30, 2012 September 30, 2011 2012 2011 Net income $30,743 $29,130 $23,774 $81,455 $63,310 Return on average tangible equity Net i
Slide 18: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Pre-Provision Net Revenue September 30 Year-to-Date 2012 2011 Pre-Provision Net Revenue (PPNR) Net interest income (FTE) $284,518 $242,353 Non-interest income 99,336 87,320 Non-interest expense 242,237 212,143 Pre-Provision Net Revenue (GAAP) $141,617 $117,529 (1) Les