Fidelity D & D Bancorp, Inc. · NASDAQ:FDBC
Fidelity D & D Bancorp — Investor Presentation (May 2022)
22 slides from Fidelity D & D Bancorp's investor presentation, May 6, 2022
Slide 1: Evolution
evolution
Slide 2: Vision Statement
Vision Statement Fidelity Bankers are passionate Z about success and committed to building strong relationships through exceptional client @ experiences. Fidelity Bank will | = be the best bank for our | r * bankers to work, our clients to | bank, our shareholders to j { e invest, and for our commun
Slide 3: Making our Move
Making our Move Fidelity D & D Bancorp, Inc. was addedto the broader market Russell 2000 index. Forbes Named one of the top3 banksin PA for client experience, both in-branch and online. Fidelity D&D Bancorp, Inc. listed forthe first time bythe Nasdaq Global Market. Branch expansion to Back Mountain.
Slide 4: Fidelity D & D Bancorp, Inc. Overview
|Fidetity D & D Bancorp, Inc. Overview Company Over of March 31, 2022 Headquarters Dunmore, PA Ticker / Exchange FDBC/ NASDAQ. Market Capitalization $265.9M Outstanding Shares 5,728,094 Year Established 1902 Branches 2 Total Assets $2,420,774 LTMROAA 1.14% Gross Loans $1,474,309 LTM ROAE 13.05% Tota
Slide 5: Key Highlights
Key Highlights High performing community bank with a proven track record of strong organic growth ina low growth legacy market Low-cost core deposits 7 consecutive years of increased dividend payout Proven ability to successfully complete acquisitions and integrations Credit culture that has produce
Slide 6: Your Fidelity Bank Team
|Your Fidelity Bank Team
Slide 7: 2021 In Review
2021 In Review Two great community banks join forces for one exceptional client experience. BANK « $2.4 billion— Asset size * 300 Bankers * Covering Northeastern Pennsylvania and the Lehigh Valley VLANDMARK: Community Bank Fidelity BANK
Slide 8: Deposit Market Share
| Deposit Market Share Lackawanna, PA Luzerne, PA Northampton, PA Deposit Deposit Number | in Number | in Deposit Number | in of | Marker Branches | ($000) of | Market | Marke of | Market Institution Branches | ($000) | r Share Institution Branches | ($000) PNC Financial Services Group im Ease te me
Slide 9: Best Bank for Our Bankers to Work and Our Clients to Bank
Best Bank for Our Bankers to Work and Our Clients to Bank * All COVID precautions were taken — including shields, PPEs, and deep cleaning * Twice lobbies were by appointment due to a spike in COVID « All Bankers retained their jobs, and all were paid 100% * Originated over $236 millionin 2,573 PPP l
Slide 10: Best Bank for Our Community to Prosper
Best Bank for Our Community to Prosper Over $1.8 million donated to our community * $1,074,500 to EITC organizations * $781,026 to scholarship funding and Bank donations * $47,500 to various organizations from the Fidelity D&D Charitable Foundation funding * 3,137 hours donated by 225 Bankers of whi
Slide 11: Accolades
Accolades * Ranked one of the "Top 200 Community Banks" in the U.S. by American Banker TOP 200 | ll eight times. potas * Five Star Bauer ranking for 32 consecutive quarters since 2Q14. * Ranked #1 mortgage lender in Northeastern Pennsylvania for twelve consecutive years.* In 2021, the Bank originate
Slide 12: Net Promoter Survey Scores
Net Promoter Survey Scores 2021 Home Loan How likely is it that you would recommend Fidelity Bank to a friend or colleague? la ‘Yur Net Promoter Score ‘SurveyMonkey Global Benchmark ‘our score ninene top 26% © savant © Lowenqumme —@ meoun © wrnqunmne —@ woman 2021 Retail How likely is it that you wo
Slide 13: Stock Market Performance
|stock Market Performance Market Performance- Last Five Years \ 00 1 | Summary Market Profile as of 3/31/2022 1 000 | Ticker Foac 1 exchange NasoaaGM 1 ss 1 Stock Price $s 4643 | Market cap. ($M) S266 eat | ee 2% 1200 1 Average Daily Volume (3 Month 1 Ave ally Volume (shares) 5.085 | AveDaily Volume
Slide 14: Assets
Assets (Dollars in millions) Total assets increased by $720 million or 42% in 2021 when compared to 2020. The fair value of assets acquired from Landmark was $376 million or 19% of total assets as of July 2021. 1st quarter of 2022 total assets remained at $2.4 billion from 4% quarter 2021. 2018 Asse
Slide 15: Total Loans & Leases, Net
Total eye) ns & Leases, Net Total Loans & Leases, Net (Dollars in Millions) (Dollars in millions) In 2021, Loans & Leases increased $314 million or 28% when compared to 2020. The acquisition of Landmark accounted for $299 million. PPP loans made up $40 million of the total loans & leases in December
Slide 16: Deposits
Deposits (Dollars in millions) In 2021, Deposits increased by $660 million or 44% when compared to 2020. Landmark accounted for $323 million of total deposits in July of 2021. Interest-bearing checking was $731 million, or 33.7%. Non-interest bearing checking was $590 million, or 27% of total deposi
Slide 17: Shareholders' Equity
Shareholders’ Equity (Dollars in millions) In 2021, shareholders’ equity totaled $211.7 million or a 27% increase over 2020. $35 million of the increase in equity was the issuance of common stock for the acquisition. The financial moat around Fidelity Bank is wide and deep. 1st quarter of 2022 GAAP
Slide 18: Net Income
Net Income (Dollars in millions) In 2021, net Income increased $11 million or 84% over 2020. Merger-related expenses for 2021 were $3 million after tax. 1st quarter of 2022 net income was $7.5 million or a 33% increase from 1* quarter 2021. Net Income (Dollars in Millions) 2018 2019 2020 Fidelity wr
Slide 19: Earnings Per Share
Ea Irn i ngs Per Sha re ae ae In 2021, earning per shares increased by $1.66 or 59% over 2020. 1st quarter of 2022 earnings per share was $1.32 or an increase of 17% when compared to 1st quarter 2021. 2018 2019 2020 2021 Fidelity y BANK 19
Slide 20: Dividends Per Share
Dividends Per Share Dividends Per Share (Dollars) Dividends have increased 7 years in a row 2021: $1.23 7.9% 2020: $1.14 7.5% 2019: $1.06 8.2% 2018: $0.98 11.4% 2017: $0.88 6.0% 2016: $0.83 7.8% 2015: $0.77 5.5% 2014: $0.73 2018 2019 2020 Fidelity y BANK
Slide 21: First Quarter 2022 Financial Results
First Quarter 2022 Financial Results * Strong operating financial performance _ Net Income $7.5 million - Diluted EPS $1.32 * Strong Balance Sheet and Capital Position - Total Cost of Funds — 0.16% - Total Non-Interest Bearing Checking — 27% of Total Deposits ~ Past Due and Non-Performing Loans was
Slide 22: Retirement of Mary E. McDonald
Retirement of Mary E. McDonald Mary E. McDonald, Assistant Secretary On September 3, 2021, Assistant Secretary to the Board of Directors, Mary E. McDonald retired after serving over 20 years. Mrs. McDonald joined Fidelity Bank’s Board of Directors in 2000 serving 21 years in that capacity. As a Dire
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