Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Investor Presentation (May 2018)
22 slides from Byline Bancorp's investor presentation, May 14, 2018
Slide 1: Investor Presentation, May 2018
Investor Presentation, May 2018 Exhibit 99.1
Slide 2: Forward Looking Statements
Forward Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the antici
Slide 3: Franchise Highlights
Transparent & Executable Growth Strategy The Bank Chicago Deserves Seasoned Management Team & Board of Directors Diversified Commercial Lending Platform Disciplined Credit Risk Management Framework Deposits, Deposits, Deposits Franchise Highlights 1 2 3 4 5 6
Slide 4: A Leading Chicago Commercial Franchise
Total Assets $3,462 Total Loans & Leases $2,280 Total Deposits $2,525 Total Equity $463 Tangible Common Equity $382 Loans & Leases / Deposits Ratio 91% TCE / TA 11.26% Common Equity Tier 1 Ratio 13.49% Return on Average Assets 0.82% Net Interest Margin 4.45% Efficiency Ratio 69.04% Non-interest Inco
Slide 5: The Byline Franchise
The Byline Franchise Retail Banking Commercial Banking Small Business Capital Small Ticket Equipment Leasing Diversified product set with abilities to scale business lines both in-market and nationwide Size Customer and Market Focus $2.5 billion in total deposits 56 branch locations Serves small bus
Slide 6: Growth strategy: organic growth, profitability, acquisitions, deposit franchise
Drive Organic Loan Growth Deliver Improved Profitability Strengthen Franchise through Acquisitions Continue to bring in top tier talent with teams attracted to culture and local decision making Capitalize on market opportunities due to recent consolidation and the CRE concentration limitations of ot
Slide 7: First Quarter 2018 Results
First Quarter 2018 Results @ Byline Bancorp, Inc:
Slide 8: First Quarter 2018 Highlights
First Quarter 2018 Highlights Earnings Credit Quality Revenue Trends Balance Sheet and Production Branch Consolidation Net income of $6.8 million, or $0.22 per diluted share Provision expense elevated due to a single commercial relationship Merger-related expense of $123,000 Pre-tax pre-provision RO
Slide 9: Financial summary table 1Q18 vs 1Q17 and 4Q17
2018 Q1 2017 Q1 % Change 2017 Q4 % Change Net interest income $33,695 $29,538 14.07% $32,151 4.80% Non-interest income 11,428 12,308 (7.14%) 12,639 -9.58% Non-interest expense 31,919 28,851 10.63% 30,358 5.14% Provision for credit losses 5,115 1,891 170.49% 3,347 52.81% Net income (loss) 6,768 6,560
Slide 10: 1Q18 Trends: Diversified Loan and Lease Portfolio
1Q18 Trends: Diversified Loan and Lease Portfolio Loan & Lease Portfolio March 31, 2017 March 31, 2018 ($ in millions) Originated and Acquired Loan & Lease Portfolio Total loans and leases were $2.3 billion at 1Q18, an increase of $2.9 million from end of prior quarter Originated portfolio increased
Slide 11: 1Q18 Trends: Stable Core Deposit Base
Total deposits increased $81.2 million, largely driven by money market and time deposits Increase in time deposits primarily due to successful promotional campaigns Core deposit mix remained high at 85.3% Overall total deposit costs increased by 6 bps to 41 bps 1Q18 Trends: Stable Core Deposit Base
Slide 12: 1Q18 Trends: Expanding Net Interest Margin
1Q18 Trends: Expanding Net Interest Margin Net interest income increased $1.5 million to $33.7 million, due to higher average loan balances and higher average loan yields Net interest margin improved 19 basis points linked quarter to 4.45% Net interest margin, excluding accretion income1, improved 1
Slide 13: 1Q18 Trends: Non-Interest Income
Total Non-Interest Income 1Q18 Trends: Non-Interest Income Non-interest income of $11.4 million for the quarter Non-interest income decreased by 9.6% from 4Q17 primarily due to lower gains on sales of loans driven by lower volume of loans sold ($ in millions) Total SBC Closed Loan Commitments Net Ga
Slide 14: 1Q18 Trends: Disciplined Expense Management
1Q18 Trends: Disciplined Expense Management 1Q18 non-interest expense included $123,000 in merger-related expenses related to First Evanston acquisition, compared to $1.3 million in 4Q17 Salaries and benefits expense increased $1.2 million from prior quarter primarily due to a seasonal increase in p
Slide 15: 1Q18 Trends: Asset Quality
1Q18 Trends: Asset Quality NPLs increased to 1.08% at 1Q18 Primarily due to one commercial relationship and inflow from our government guaranteed portfolio $6.3 million of NPLs represent government guaranteed portion of loans as of 1Q18 NCOs were $4.2 million or 75 bps; primarily driven by one comme
Slide 16: Acquisition of First Evanston Bancorp, Inc.
Acquisition of First Evanston Bancorp, Inc. Building on our leading branch & deposit footprint in Chicago
Slide 17: Overview of the Transaction
Low-Risk Transaction: Strategically Compelling: Financially Attractive: Builds Upon Our Strengths: Overview of the Transaction 1 2 3 4 The bank Chicago deserves: Creates the largest community bank in Chicago <$10bn Low cost deposit base and C&I focus is complementary to our business model Adds to re
Slide 18: Overview of First Evanston
Source: SNL Financial; Financial data presented at and for the three months ended 3/31/18 Ranked by deposits in Chicago MSA; only includes IL headquartered community banks (defined as banks with less than $10bn in assets); Deposit data as of 6/30/2017, pro forma for pending and recently completed tr
Slide 19: Enhancing our Footprint in Chicago
Source: SNL Financial Note: Deposit data as of 6/30/2017; Pro forma for pending and recently completed transactions; Due to rounding, some disclosures may not add up precisely Note: Local defined as banks headquartered in Illinois with less than $10bn in assets Excludes Byline Bank branch located in
Slide 20: Appendix
Appendix @ Byline Bancorp, Inc:
Slide 21: The Evolution of Byline
The Evolution of Byline Source: SNL Financial and Company Management. Financial information at and for the three months ended March 31, 2013 is derived from Metropolitan’s historical FR Y-9C reports prepared by prior management team. Results may not be directly comparable to Byline’s current financi
Slide 22: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($ in 000s, except share and per share data)