Cb Financial Services, Inc. · NASDAQ:CBFV
Cb Financial Services — Shareholder Meeting (May 2016)
15 slides from Cb Financial Services's shareholder meeting presentation, May 18, 2016
Slide 1: 2016 Annual Shareholders' Meeting
2016 Annual Shareholders' Meeting of CB Financial Services, Inc. The holding company of Community Bank The Betier Busines
Slide 2: Barron P. ("Pat") McCune, Jr.
Barron P. (“Pat”) McCune, Jr. Vice Chairman, President & CEO
Slide 3: Ralph J. Sommers, Jr.
Ralph J. Sommers, Jr. Chairman of the Board of Directors
Slide 4: Barron P. ("Pat") McCune, Jr.
Barron P. (“Pat”) McCune, Jr. Vice Chairman, President & CEO
Slide 5: Forward-Looking Statements
Forward-Looking Statements This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act, relating to future trends or factors affecting the banking industry and, specifically, the financial condition and results of operations of CB Fin
Slide 6: Bank-2015
State of the Bank-2015 ¢ The State of Community Bank is Strong. ¢ 2015 was our best year ever... net income of $8.4 million. ¢ This is a 96% increase over our 2014 net income of $4.3 million. * EPS increased from $1.63 to $2.07, an increase of 27%. Despite the issuance of an additional 1.7 million s
Slide 7: Bank-2016 Income
State of the Bank-2016 Income * 1st Q 2016 net earnings...$2,045,000 * 15*Q 2015 net earnings...$2,295,000 * A decrease in net earnings of 10.9% ¢ Annualized ROE of 9.36% ¢ Annualized ROA of 0.98% * EPS for 15t Q 2016...$0.50 * EPS for 15t Q 2015...$0.56 * A decrease in EPS of $0.06 or 10.5%
Slide 8: Bank-2016 Allowance for Loan Losses
State of the Bank- 2016 Allowance for Loan Losses At March 31, 2015, allowance for loan losses was .79% of total loans At March 31, 2016, allowance for loan losses was 1.02% of total loans Since September 30, 2015, we have accrued $1,880,000 in the allowance for loan losses Merger eliminated FFSB al
Slide 9: Delinquent and Non-Accrual Loans
State of the Bank Delinquent and Non-Accrual Loans Delinquent and Delinguentand Non-Accrual Quarter Non-Accrual % Loans Total Loans 6/30/2014 0.95% $6,421,000 $675,020,000 9/30/2014 1.01% $6,929,000 $687,798,000 12/31/2014 1.16% $7,935,000 $685,645,000 3/31/2015 1.21% $7,979,000 $660,151,983 6/30/20
Slide 10: Bank 2016-OREO
State of the Bank 2016-OREO In the 4" Quarter of 2015, we partially charged down two large commercial loans and took a loan loss provision of $1,030,000. In the 1%t Quarter of 2016, we marked two properties to fair value and recorded a decrease to OREO expense of $566,000. One property has been move
Slide 11: Bank-2016 Capital
State of the Bank-2016 Capital * Stated Book Value/Share grew from $21.29 at December 31, 2015 to $21.66 at March 31, 2016... an increase of 1.7% ¢ Stockholders’ Equity increased $1.5MM or 1.7% to $88.4MM
Slide 12: Bank-2016 Cultural
State of the Bank-2016 Cultural * Through our “Community Bank Cares” program, we have now donated approximately $94,400 to 375 Charities and Churches selected by our customers. * Community Bank’s Wellness Walking Campaign is off to a wonderful start. 98 employees are participating. Through the first
Slide 13: Bank-2016 Cultural
State of the Bank-2016 Cultural Community Bank was recently recognized by American Banker Magazine as being among the “Top 200 Community Banks” nationwide. American Banker each year ranks all publicly traded banks under $2 Billion in assets by comparing a three year average of “Return on Equity”. Th
Slide 14: Patrick G. O'Brien
Patrick G. O’Brien Senior Executive Vice President & COO
Slide 15: Value Creation
Value Creation - One year later Stockholders: (Formerly FFCO, now CBFV) — 1,000 shares of FFCO valued at $20,060 on 4/13/14, the day before the merger was announced, converted to 1,159 shares of CBFV at merger and was valued at $26,564 on 12/31/15. A return of over 32% in less than 2 years. — Combin
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