Hometrust Bancshares, Inc. · NYSE:HTB
Hometrust Bancshares — Merger or Acquisition (May 2013)
17 slides from Hometrust Bancshares's merger presentation, May 6, 2013
Slide 1: Acquisition of BankGreenville Financial Corporation
~ Homerrust Bancshares, Inc. Acquisition of BankGreenville Financial Corporation May 2013
Slide 2: Cautionary Statement Regarding Forward Looking Statements
Cautionary Statement Regarding Forward Looking Statements This presentation may contain certain fonvard-looking statements. Fonard-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current fac
Slide 3: Key Transaction Terms
Key Transaction Terms $6.60 per share ‘") + Approximately $7.8 million of aggregate transaction value + Whole company acquisition by HomeTrust Bancshares : Required + BankGreenville shareholder approval Approvals + Regulatory approval + Certain BankGreenville Board members will become members of a H
Slide 4: Compelling Transaction Rationale — Strategic Partnership
Compelling Transaction Rationale — Strategic Partnership Shared community bank culture — customer-focused & strong values Strong pro forma capital ratios - 23% total tangible book capital ratio Tom Risk Prom Experienced management team with five prior combinations — proven integration capabilities M
Slide 5: HomeTrust Bancshares, Inc. overview
HomeTrust Bancshares, Inc. (NASDAQ: HTBI) + Founded in 1926 Overview + Ninth largest North Carolina community bank + In July 2012, converted from the mutual to stock form of organization Dedicated to long-term community banking model Banking Model / Goal is to compete with larger banks while leverag
Slide 6: Franchise Map & Deposit Market Share
Franchise Map & Deposit Market Share Franchise Map North Carolina Top 25 Deposit Market Share ia e@ en) 2012 2012 @ BGVF (1) 2012 Total Total : wunber Depostein Maret nr ee tanet Shere Rank Institution (ST) Branches ($000) (%) . bh 1 ‘Bank of America Corp. (NC) 183 168,201,707 49.45, 2 Beton ng ser
Slide 7: Overview of Greenville, South Carolina
Overview of Greenville, South Carolina Overview + Sixth largest municipality in the state of South Carolina + Largest city in “The Upstate” area?) — Located approx. halfway between Atlanta & Charlotte + Major Employers — Caterpillar — General Electric — Michelin - 3M — Honeywell 2017 Projections: Gr
Slide 8: HTBI Stock Performance Since Conversion
HTBI Stock Performance Since Conversion + HTBI’s stock has outperformed multiple indices since the July 2012 conversion + HTBI is still valued below book value, giving other potential strategic partners a chance to receive attractively priced stock upon acquisition by us Stock Performance Since Conv
Slide 9: Strong Capital Position
Strong Capital Position + HomeTrust Bank is extremely well-capitalized NCTC) - Among muttiple potential uses for the capital, management intends to deploy some of it towards strategic partnerships with community banks 25.0% 200% + 180% + 10.0% | 50% + 0.0% Tier 1 Leverage Ratio Tier ( Ratio Total Ca
Slide 10: Goal is to Build Scale via Smart, Strategic Partnerships
Goal is to Build Scale via Smart, Strategic Partnerships + HTBI aims to supplement organic growth with logical acquisitions that enhance franchise value Bo) + As HTBI continues to grow, costs on a relative basis will decline as they are leveraged Scale over a larger asset base + This gain of efficie
Slide 11: Infrastructure and Experience in Place to Add Strategic Partners
Infrastructure and Experience in Place to Add Strategic Partners Why is HTBI Most significant way to build franchise and market share Pursuing Strategic Partnerships? See opportunity for future stock leverage with new partnerships Capture synergies and economies of scale Significant experience with
Slide 12: Drivers for Community Banks to Consider HTBI as a Strategic Partner
Drivers for Community Banks to Consider HTBI as a Strategic Partner Regulatory climate Pereira © Low growth economic environment Find a strong partner and “ride their currency” through the consolidation wave Increasingly complex regulatory and technology environment to navigate Regulatory Compliance
Slide 13: Supplemental Information
Supplemental Information
Slide 14: HomeTrust Bancshares Financial Highlights
HometTrust Bancshares Financial Highlights (Dollars in Thousands) ‘At or for the year ended, a0 6s02010 aa02011 _ as0R02 Balance Sheet Total Assets ya7aze testa ese 1.708 Te isegast 1.7z00e eozeee 1.598800 ‘etal Net Loans siseaee tee 12277 tress | (ttm) | tzettes aiszaes ter t2e 1.467.121 Deposis jo
Slide 15: HomeTrust Bancshares Loan & Deposit Composition
HomeTrust Bancshares Loan & Deposit Composition Loan Composition - 12/31/12 Deposit Composition - 12/31/12 Moriapguenes Aten Re Bu Loan Portfolio ($000) ‘Amount _% of Total Portfolio ($000) ‘mount Const. & Land $8328 | 7.0% Trans, S 25089 21.7% ‘+4 FamilyRE 60542 81.1% Savings & MMDAS 43196 -29.7% M
Slide 16: BankGreenville Financial Highlights
BankGreenville Financial Highlights (Dollars in Thousands) ‘Ator for the yaar ended [Ator forthe quarter ended FROG HAO RvaoN ASOD ESSE SE EO Balance Sheet Total Assets toase7 treats tages t1a7e0 [30 goa teg9tetesz 113,780 Total Gross Loans ress se2s2 | Fasez se a7s | (0.5%) core © saci? = er.ar2aaT
Slide 17: BankGreenville Loan & Deposit Composition
BankGreenville Loan & Deposit Composition Loan Composition - 12/31/12 Deposit Composition - 12/31/12 egy Ry rain oe oe noe coir as San Cora ond te _ YieldonLoansandLease: 4 ‘Source: NL Financia, asta ~ % of Total 13.5% 18.0% 1.4% 42.9% 148% 12.4% 0.0% Reside Bo Junge gos os uae ae mocoe wes oe en ‘e
HomeTrust Bancshares — Merger or Acquisition (May 2013) on 6ix