Bank Of The James Financial Group, Inc. · NASDAQ:BOTJ
Bank Of The James Financial — Investor Presentation (September 2016)
17 slides from Bank Of The James Financial's investor presentation, Sep 6, 2016
Slide 1: Bank of the James Financial Group, Inc.
@: Exhibit 99.1 Bank . The James FINANCIAL GROUP, INC. NASDAQ: BOTJ
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "estimate," "expect," "intend," "anticipate," "plan" and similar expressions and variations t
Slide 3: Our Company
Listed on NASDAQ: BOTJ Market Capitalization: ~ $56.4 million(1) YTD Core EPS(2) – 6/30/2016 – $0.81 Key Balance Sheet Metrics at 06/30/2016: Assets - $546 million Loans - $461 million Deposits - $494 million Equity - $50.5 million Our Company Formed in 1999 by a group of experienced bankers, former
Slide 4: Our Markets
OUR MARKETS Highlights Headquartered in Lynchburg, VA Locally know as Region 2000 Affluent market with significant employers Recently Expanded into Charlottesville, Harrisonburg, and Roanoke Combined market area has a population of almost 1 million residents Market area boasts a stable economic envi
Slide 5: Experienced, Young Team (1 of 2)
EXPERIENCED, YOUNG TEAM (1 of 2) Executive Headshot Previous Experience Age Years in Banking Years with BOTJ Robert Chapman President & CEO CEO, Bank of the James (2004) Co-founder, Bank of the James (1999) Current director First Lieutenant, US Army Virginia Military Institute Stonier Graduate Schoo
Slide 6: Experienced, Young Team (2 of 2)
Executive Headshot Previous Experience Age Years in Banking Years with BOTJ Angelia Johnson EVP & Retail Branch Administrator Retail Division Leader, Bank of the James (2008) Manager, Wachovia Bank (1995-2000) MBA, Averett University Stonier Graduate School of Banking 53 10+ 10 Brandon Farmer EVP &
Slide 7: Driving Shareholder Value with Strong Results
Driving Shareholder Value with strong results $427M $493M Note: ROAE, ROAA and Earnings Per Share Per Share data as of June 30, 2016 YTD Annualized; Dividends Per Share Data is June 30, 2016 LTM Profitable Growth Strong loan growth has helped drive the increase in the Company’s return on equity Loan
Slide 8: Opportunity for Continued Strong Organic Growth
OPPORTUNITY For Continued STRONG ORGANIC GROWTH Highlights As the impact of the financial crisis waned in late 2011, the Company began to refocus on growth Hired Mike Syrek as CLO Developed expertise and platform to bank more sophisticated C&I relationships Hired additional talented bankers in Lynch
Slide 9: Attractive Potential for Strategic Growth
ATTRACTIVE POTENTIAL FOR STRATEGIC GROWTH Highlights There are 16 banks with under $300MM in assets operating in our target market area Many of these companies are struggling to adjust to the new business and regulatory environment for community banks Many management teams are older and looking for
Slide 10: Strong Balance Sheet Growth
STRONG BALANCE SHEET GROWTH Recent Balance Sheet Performance
Slide 11: Attractive Balance Sheet Mix
Attractive Balance Sheet Mix Current Loan Portfolio Current Deposit Portfolio The Bank has a conservative loan book and is focused on profitable loan growth with manageable risk The Company has focused its recent efforts on expanding its C&I loan book The Company’s recent expansion into other market
Slide 12: Asset Quality
ASSET QUALITY Low Nonperforming Assets (2) Loan loss reserve (“LLR”) to gross loans held for investment Excluding troubled debt restructurings Strong Loan Quality (1) 1.48% 1.41% 1.28% 1.20% 1.16% 1.09% 1.09% 1.07% 1.07% 1.06% 0.44% 0.92% 0.74% 0.82% 0.20% 0.22% 0.59% 0.06% - 0.02% 0.09% 0.33% 0.09%
Slide 13: Strong, Stable Net Interest Margin
Strong, stable net interest margin Recent Net Interest Margin Performance
Slide 14: Strong Financial Performance
STRONG FINANCIAL PERFORMANCE Efficiency Ratio ROAA and ROAE Noninterest Expense / AA Noninterest Income / Average Assets
Slide 15: Investment Considerations
INVESTMENT CONSIDERATIONS Attractive Market Opportunity Affluent market area with steady growth opportunities Recent expansion into attractive Charlottesville, Harrisonburg, and Roanoke MSAs Big banks have lost focus on these markets Opportunity to attract dislocated customers and bankers Track Reco
Slide 16: Historical Financials
9 HISTORICAL FINANCIALS Bank: The James some Taxes 922 Net Income to Common Shares 2.132 3,060 3413 3,692 1,938 Capital Ratios (79) “Tangible Equity / Tangible Assets (%) ert 685 7.55 914 926 Asse NPAs / Total Assets (%) 205 17 1.05 14 103 Loans 908/ Tang. CE + ALLL (%) 25.69 1453 1223 1138 10.10 AL
Slide 17: Bank of the James Financial Group, Inc.
‘) Bank . The James FINANCIAL GROUP, INC. NASDAQ: BOTJ
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