Slide 1: Q4 2019 earnings release
Q4 2019 earnings release January 21, 2020 Exhibit 99.2
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements. Any statements about our expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. You can identify forward-looki
Slide 3: Company Overview
COMPANY OVERVIEW PAGE Triumph Bancorp, Inc. (NASDAQ: TBK) (“Triumph”) is a financial holding company headquartered in Dallas, Texas. Triumph offers a diversified line of community banking, national lending, and commercial finance products through its bank subsidiary, TBK Bank, SSB. www.triumphbancor
Slide 4: Platform Overview – Branch Network
PLATFORM OVERVIEW – BRANCH NETWORK PAPAGE GE 61 TOTAL BRANCHES 37 in Colorado 15 in Illinois 3 in Iowa 3 in New Mexico 2 in Kansas 1 in Texas BRANCH LOCATIONS as of December 31, 2019
Slide 5: Platform Overview – Lending
PLATFORM OVERVIEW – LENDING PAG PAGE E 27% Texas GEOGRAPHIC LENDING CONCENTRATIONS1 as of December 31, 2019 23% Colorado 1% Kansas 7% Iowa 13% Illinois 4% New Mexico 1 States with a physical branch presence. Excludes factored receivables
Slide 6: Q4 2019 Results and Recent Developments
Q4 2019 RESULTS AND RECENT DEVELOPMENTS PAGE Diluted earnings per share of $0.66 for the quarter Total loans held for investment decreased $14.9 million The community banking portfolio decreased $113.0 million, the commercial finance portfolio decreased $25.6 million, and the national lending portfo
Slide 7: Long Term Performance Goals vs Actual
PAPAGE GE NET INTEREST INCOME TO AVERAGE ASSETS Q4 5.22% Goal 6.00 - 6.50% NET OVERHEAD RATIO Q4 3.46% Goal 3.00 - 3.50% Annualized performance metrics presented are for the three months ended December 31, 2019 Reconciliations of these financial measures can be found at the end of the presentation L
Slide 8: Loan Portfolio
LOAN PORTFOLIO PAGEPAGE TOTAL LOANS COMMUNITY BANKING Focused on core deposit generation and business lending in the communities we serve COMMERCIAL FINANCE Factoring, asset based lending, and equipment finance produce top tier return on assets NATIONAL LENDING Mortgage warehouse to provide portfoli
Slide 9: Loan Portfolio Detail
LOAN PORTFOLIO DETAIL PAGEPAGE COMMUNITY BANKING 50% of Total Portfolio NATIONAL LENDING 20% of Total Portfolio COMMERCIAL FINANCE 30% of Total Portfolio $2,096.4 $850.4 $1,250.5 Chart data labels – dollars in millions (1) Includes $2.7 million of mortgage loans held for sale $1,544.7 74% $529.8 25%
Slide 10: Triumph Business Capital Factoring
TRIUMPH BUSINESS CAPITAL FACTORING PAGE PAGE Yield of 17.20% in the current quarter Average annual charge-off rate of 0.39% over the past 3 years * On June 2, 2018, we acquired $131.0 million of transportation factoring assets via the acquisition of Interstate Capital Corporation and certain of its
Slide 11: Transportation Finance
TRANSPORTATION FINANCE PAGE Gross transportation revenue consists of factoring revenue from transportation clients, interest and fees from commercial loans to borrowers in transportation industries, transportation related insurance commissions, and revenue from TriumphPay. Total gross revenue consis
Slide 12: Carrier Payment Platform
CARRIER PAYMENT PLATFORM CLIENTS ON PLATFORM PAGE [Bar/Line Chart] Invoice and Payment Trends Number of Invoices Payment Amounts Processed Total payment amounts processed (annualized) Total invoices processed (annualized)
Slide 13: Loan Portfolio
LOAN PORTFOLIO PAGE [Bar Chart] NCOs / Average Loans Net Chargeoffs [Bar Chart] NPAs / Total Assets Non-performing assets [Bar/Line Chart] Acquired Loans Purchase Discount Remaining Discount Accretion Recognized [Bar Chart] ALLL / Total Loans ALLL
Slide 14: Deposit Mix
DEPOSIT MIX PAGPAGE E [Bar Chart] Deposit Balances [Pie Chart] Deposit Mix Non-interest bearing demand Interest bearing demand Individual retirement accounts Money market Savings Certificates of deposit Brokered deposits 21% 15% 3% 13% 10% 29% 9%
Slide 15: Financial Highlights
FINANCIAL HIGHLIGHTS PAGE 1) Reconciliations of non-GAAP financial measures can be found at the end of the presentation. Adjusted metrics exclude material gains and expenses related to merger and acquisition-related activities, net of tax where applicable. 2) Includes discount accretion on purchased
Slide 16: Non-GAAP Financial Reconciliation
NON-GAAP FINANCIAL RECONCILIATION PAGE Metrics and non-GAAP financial reconciliation As of and for the Three Months Ended December 31, September 30, June 30, March 31, December 31, (Dollars in thousands, except per share amounts) 2019 2019 2019 2019 2018 Average total stockholders' equity $647,546 $
Slide 17: Non-GAAP Financial Reconciliation (cont'd)
NON-GAAP FINANCIAL RECONCILIATION PAGE Metrics and non-GAAP financial reconciliation (cont'd) As of and for the Three Months Ended December 31, September 30, June 30, March 31, December 31, (Dollars in thousands, except per share amounts) 2019 2019 2019 2019 2018 Total stockholders' equity $636,590
Slide 18: Non-GAAP Financial Reconciliation (cont'd)
NON-GAAP FINANCIAL RECONCILIATION PPAGE AGE Ratios may not recalculate due to rounding Metrics and non-GAAP financial reconciliation (cont'd) For the Three Months Ended For the Three Months Ended December 31, 2019 December 31, 2019 (Dollars in thousands, except per share amounts) GAAP (Dollars in th
Slide 19: Appendix
Rethink Vanilla. APPENDIX ~ TRIUMPH
Slide 20: Factoring
FACTORING 101 PAGE WHAT IS FACTORING? Factoring is one of the oldest forms of finance. Factoring is a financial transaction in which a business sells its accounts receivable to a third party (factor) at a discount. A business typically factors its receivable assets to meet its present and immediate
Slide 21: TriumphPay
TRIUMPHPAY 101 PAGE TRIUMPHPAY ECONOMICS:* Client approves invoice for $2,000. Payment terms are 35 days. Carrier opts for QuickPay. Triumph pays the carrier $1,960 same day or next day. The $40 difference represents the QuickPay fee. In this example arrangement, that fee is then split between the b