Hingham Institution For Savings · NASDAQ:HIFS
Hingham Institution For Savings — Shareholder Meeting (2026)
19 slides from Hingham Institution For Savings's shareholder meeting presentation, 2026
Slide 1: Hingham Institution for Savings 2026 Shareholders Meeting
HINGHAM INSTITUTION FOR SAVINGS 2026 Shareholders Meeting
Slide 2: Safe Harbor Statement
Safe Harbor Statement 2 This presentation contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements about Hingham Institution for Savings and its industry involve substantial risks and uncertainties. Statements other than s
Slide 3: Informal Meeting
Informal Meeting 3 ○ Financial Results ○ Operating Highlights ○ Q&A
Slide 4: Banking is a very good business, unless you do dumb things
4 “Banking is a very good business, unless you do dumb things.” Warren Buffett
Slide 5: What We Do
What We Do 5 ● Commercial and Personal Deposit Banking ● Commercial Real Estate Lending ● Residential Real Estate Lending
Slide 6: What We Don’t Do
What We Don’t Do 6 ● Commercial and Industrial ● Investments Lending ○ Wealth Management ○ ABL ○ Trust ○ Leasing ○ Investment Advisory ○ Loans and Lines ● Insurance Brokerage or ○ SBA Underwriting ○ Leveraged Lending ● Secondary Market Residential ○ Oil, Gas, Mining, Minerals Mortgage ● Consumer Len
Slide 7: Capital Allocation
Capital Allocation 7 1. Attractive a. Organic Growth - Reinvest in our Lending and Deposit Businesses - Existing and New Geographies b. Minority Equity Investments - Public and Private - Focused on Financial Services and Technology c. Dividends - Maintain Appropriate Leverage Through Regular and Spe
Slide 8: 2025 Financial Results
8 2025 Financial Results
Slide 9: Earnings
(in millions) $80.0 $60.0 $20.0 $0.0 Earnings $67.5 $54.6 $37.5 $26.4 fmm 828.2 2021 2022 2023 2024 2025 @ Earnings
Slide 10: Return on Shareholder Equity
Return on Shareholder Equity 10
Slide 11: Shareholder Equity
Shareholder Equity Book Value Per Share 11 5YR CAGR of 9.9%
Slide 12: Low Cost Leadership
Low Cost Leadership 12 ● 2025 Efficiency Ratio = 39.70% ● 2025 Operating Expenses/Total Average Assets = 67 bps ● This is the product of both structural and operational choices ○ Structural = Game Selection ○ Operational = Game Play ● We must be relentless in taking unnecessary costs out of our busi
Slide 13: Disciplined Loan Growth
Disciplined Loan Growth 13 5YR CAGR of 9.34%
Slide 14: Net Charge Offs - Hingham v. All FDIC Insured Banks
Net Charge Offs - Hingham v. All FDIC Insured Banks 0.88 062 osz | ° | ° 28 050 oor 080 og 98 | | | | 045 0.49 oa | | | 069 8 ass ss 10 - ie BA 129 os7 03s on 058 aia. 059 049 029 0 0 o fo o fo Bo Bo Bo a - - _ 098 03 002 001 oor 275 a ee rg [= as (sueo7 abesany Jo %) 028 = Industry = Hingham 14
Slide 15: Non-Interest Bearing Deposits
Non-Interest Bearing Deposits 15
Slide 16: Deposit Approach
Deposit Approach 16 ● Approach ○ Personalized Service ○ Digital Excellence ○ Low Fee / No Fee ● Two Engines for Growth ○ Specialized Deposit Group (Private Client) ○ Retail Banking Group
Slide 17: Commercial Deposit Focus
Commercial Deposit Focus 17 ● Specialized Deposit Group (“SDG”) ○ Team of relationship managers and digital banking specialists that handle our largest and most complex deposit relationships, as well as our digital-first account opening ○ Expansion Focus ■ Recruiting new relationship managers, parti
Slide 18: First Quarter 2026
First Quarter 2026 18 ● Balance Sheet ○ Loan Growth ○ Deposit Growth ○ NIB Deposit Growth ● Income Statement ○ NIM ○ Efficiency ○ Investment Portfolio
Slide 19: Looking Forward - Key Challenges
Looking Forward - Key Challenges 19 ● Credit Quality ○ Multifamily Outlook in Washington, D.C. ○ Rent Control in Massachusetts ● Growth Opportunities ○ San Francisco ● Scaling SDG and Deposit Growth ○ Key Verticals ○ Recruiting ○ Why Hingham ● Process Improvement and Eliminating Waste ○ Use of Artif
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