Baycom Corp · NASDAQ:BCML
Baycom — 2nd Quarter 2019 Investor Conferences
19 slides from Baycom's conference presentation, May 2019
Slide 1: 2nd Quarter 2019 Investor Conferences
2nd Quarter 2019 Investor Conferences May 7th and 8th and May 21st and 22nd, 2019 NASDAQ: BCML 1
Slide 2: Presentation Disclosure
Presentation Disclosure This investor presentation has been prepared by Baycom Corp (“BCML”) or the “Company”)) solely for informational purposes based on its own information, as well as information from public sources. This presentation has been prepared to assist interested parties in making their
Slide 3: Baycom Corp – Who we are
Baycom Corp – Who we are Overview Financial Highlights BayCom Corp is the bank holding company for United With Uniti Business Bank Baycom Baycom Proforma5 Founded in 2004 and headquartered in Walnut 3 Mo Ended 12 Mo Ended 12 Mo Ended Creek, California March 31, December 31, December 31, Full s
Slide 4: Company Strengths
Company Strengths Seasoned and talented management team who founded and led the Company since 2004 Disciplined acquisition strategy and proven track record of integrating banks The Company recorded bargain purchase gains in three of its six completed acquisitions with the other three having ta
Slide 5: Experienced Leadership Team
Experienced Leadership Team Name / Title Experience Background George J. Guarini 31 years • President and Chief Executive Officer since the Bank began operations in 2004 President & Founding CEO • Held key executive and senior level management positions with national and regional financial instituti
Slide 6: Disciplined Acquisition Strategy
Disciplined Acquisition Strategy Strategic consolidation of community banks Headquarters of Potential Acquisition Opportunities Provides scale and operating efficiencies Adds experienced and knowledgeable banking talent Opportunity to improve CRE concentration ratios Opportunity to drive d
Slide 7: Key Highlights of Current Markets
Key Highlights of Current Markets: Bay Area, California Los Angeles County, California Part of both the San Francisco-Oakland-Hayward MSA and the Largest MSA in California with over 13 million residents in the San-Jose-Sunnyvale-Santa Clara MSA MSA; the second largest MSA in the United States •
Slide 8: Loan Portfolio
Loan Portfolio $965 million total loans (excluding loans held for sale) 59% originated vs. 41% acquired Loan Portfolio Composition as of March 31, 2019 Approximately 53% of the loan portfolio is from the San Other C&I Francisco Bay Area 6% 13% Average yield on total loans of 5.42% for 2018 N
Slide 9: Commercial and Multifamily Real Estate Detail
Commercial and Multifamily Real Estate Detail CRE and Multifamily Loan Composition as of $679 million total loans March 31, 2019 Restaurants Diversified by property type 4% All Other 68.6% floating rate vs. 31.4% fixed1 Convalesent 10% Multifamily 5% 17% Average loan size approximately $787,
Slide 10: Deposit Portfolio Summary
Deposit Portfolio Summary At March 31, 2019: Deposit Composition as of March 31, 2019 $1.3 billion total deposits Noninterest-bearing demand represents 33% of total deposits Certificates of Money Deposit 17% Market Interest bearing demand, Savings and money 30% market accounts represent 50% of
Slide 11: Attractive Net Interest Spread
Attractive Net Interest Spread Yield on Interest-Earning Assets Cost of Average Interest-Bearing Liabilities Yield on Interest Earning Assets Cost of Average Interest-Bearing 4.80% 4.74% Liabilities 4.75% 4.74% 0.74% 0.73% 4.70% 0.72% 0.72% 4.65% 0.70% 0.70% 4.60% 4.59% 0.68% 4.55% 4.54% 0.66% 0.65%
Slide 12: Creating Value For Shareholders
Creating Value For Shareholders $18 $1.60 $1.50 $16 $1.37 $1.40 $14 Tangible Book Value per Share ($) $1.20 Diluted Earnings per Share ($) $1.09 $12 $1.00 $0.81 $10 $0.80 $8 $16.46 $16.99 $14.12 $13.81 $0.60 $12.96 $6 $0.40 $4 $0.45 $2 $0.20 $0 $0.00 2015 2016 2017 2018 2019Q1 TBV / Share TBV / Shar
Slide 13: Corporate History
Corporate History Consistent Organic Asset Growth Supplemented By Acquisitions Acquired MyBank Consolidated San Jose Raised $16.8 Branch million of common stock Acquired Opened Bay from institutional Opened Community Formed Bank Consolidated Commercial and individual Napa Bank of San Holding Oakland
Slide 14: Demonstrated Track Record of Growth
Demonstrated Track Record of Growth Total Assets ($mm) Total Net Loans ($mm) $1,600 $1,478 $1,482 $1,200 $1,400 $1,246 $1,000 $971 $964 $1,200 $890 $1,000 $800 $800 $600 $623 $675 $504 $600 $460 $400 $400 $200 $200 $0 $0 2015 2016 2017 2018 2019Q1 2015 2016 2017 2018 2019Q1 Total Deposits ($mm) Net
Slide 15: Strong Credit Quality
Strong Credit Quality Nonperforming Assets / Total Assets1 Allowance for Loan Losses / Total Loans² 0.35% 0.90% 0.83% 0.30% 0.80% 0.74% 0.30% 0.28% 0.27% 0.70% 0.25% 0.60% 0.56% 0.53% 0.20% 0.50% 0.47% 0.15% 0.40% 0.30% 0.10% 0.05% 0.20% 0.05% 0.10% 0.01% 0.00% 0.00% 2015 2016 2017 2018 2019Q1 2015
Slide 16: Financial Performance Summary
Financial Performance Summary Return on Average Assets Return on Average Equity 1.40% 1.33% 12.00% 1.24% 10.36% 1.20% 10.00% 9.69% 1.07% 8.28% 1.00% 0.91% 7.87% 8.00% 0.80% 6.00% 5.28% 0.60% 0.51% 4.00% 0.40% 2.00% 0.20% 0.00% 0.00% 2015 2016 2017 2018 2019Q1 2015 2016 2017 2018 2019Q1 Efficiency Ra
Slide 17: Appendix
Appendix 17
Slide 18: Non-GAAP Reconciliation Tangible Common Equity and Tangible Assets
Non-GAAP Reconciliation Tangible Common Equity and Tangible Assets (Dollars in thousands except per share data) As of March 31, 2015 2016 2017 2018 2019 Tangible Common Equity: Total Shareholders Equity $ 72,381 $ 78,063 $ 118,635 $ 200,753 $ 206,411 Adjustments: Goodwill - - (10,365) (14,594) (14,5
Slide 19: Questions? Contact Information
Questions ? CONTACT INFORMATION BayCom Corp George J. Guarini, Founding Director and CEO 500 Ygnacio Valley Road Suite 200 Walnut Creek, CA 94596 gguarini@ubb-us.com 925.476.1800 Keary Colwell, Sr. Executive VP/CFO 500 Ygnacio Valley Road Suite 200 Walnut Creek, CA 94596 kcolwell@ubb-us.com 925.476.