Mid Penn Bancorp · NASDAQ:MPB
Mid Penn Bancorp — Investor Presentation (August 2022)
18 slides from Mid Penn Bancorp's investor presentation, Aug 2, 2022
Slide 1: Exhibit 99.1 Investor Presentation
DRAFT 04.07.2021 Exhibit 99.1
Slide 2: Cautionary Notice Regarding Forward-Looking Statements
Cautionary Notice Regarding Forward-Looking Statements This presentation and management’s related discussion regarding Mid Penn Bancorp, Inc. (“Mid Penn”) contains estimates, predictions, opinions, projections and other “forward-looking statements” as that phrase is defined in the Private Securities
Slide 3: Mid Penn Bancorp, Inc. Overview at June 30, 2022
Mid Penn Bancorp, Inc. Overview at June 30, 2022 Note: Financial information as of June 30, 2022. Source: S&P Global Market Intelligence, Company Documents. (1) Non-GAAP financial metric. Please see Appendix for GAAP to non-GAAP reconciliation. (2) Annualized financial metric. Banking subsidiary: Mi
Slide 4: Strengthening Presence Across Pennsylvania as a Premier Community Bank
Strengthening Presence Across Pennsylvania as a Premier Community Bank Top Pennsylvania Headquartered Community Banks1,2 Branch Map Harrisburg MSA Deposit Market Share2 Top-5 Deposit Market Share by County Source: S&P Global Market Intelligence, FDIC. (1) Community Banks defined as banks with less t
Slide 5: Q2 2022 Highlights
Q2 2022 Highlights Source: S&P Global Market Intelligence, Company Documents. Note: Financial information as of or for the quarter ended June 30, 2022. Note: Net interest income includes $652 thousand PPP processing fees for the three months ended June 30, 2022 (1) Annualized number, excludes impact
Slide 6: Demonstrated Ability to Drive Balance Sheet Growth
Demonstrated Ability to Drive Balance Sheet Growth Gross Loans ($M) 1 Total Assets ($M) Source: S&P Global Market Intelligence, Company Documents. (1) Excludes Loans Held for Sale; includes PPP loans totaling $388M in 2020, $111M in 2021, and $5.0M in 2022Q2. (2) Represents organic loan growth (tota
Slide 7: Well-Positioned in a Challenging Environment
Well-Positioned in a Challenging Environment AFS Securities / Total Assets YTD TBV Growth Source: S&P Global Market Intelligence, Company Documents. Note: Financial data as of 2022 Q2 unless otherwise stated. MRQ = Most recent quarter. LTM = Last twelve months. (1) Includes nationwide major exchange
Slide 8: Continued Focus on Technology
Deployment of critical cloud-based systems including nCino, Salesforce CRM, and Encompass Introduction of Robotic Process Automation In-branch cash recyclers Enhancements to video conferencing and remote learning capabilities Completely virtualized operating environment A.I.-based anomaly detection
Slide 9: Mid Penn Investment Highlights
Mid Penn Investment Highlights Experienced management team focused on driving franchise value History of consistent earnings, dividend and book value growth Strong asset quality results over the last 8 years resulting from an exceptional risk management culture Clearly identified strategic initiativ
Slide 10: Creating a Premier Community Bank in Pennsylvania: A Lookback
Creating a Premier Community Bank in Pennsylvania: A Lookback Source: S&P Global Market Intelligence; Company Documents. (1) Community Banks defined as banks with less than $10B in total assets. (2) Annualized financial metric. (3) Non-GAAP financial metric. Please see Appendix for GAAP to non-GAAP
Slide 11: Long History of Enhancing Shareholder Value
Long History of Enhancing Shareholder Value Compound Tangible Book Value per Share + Dividends (Non-GAAP) Growth Source: S&P Global Market Intelligence. Note: National Peers include 137 nationwide banks with between $1-5B of Total Assets as of June 30, 2022. Total Asset Growth CAGR’s calculated thro
Slide 12: Five-Year Return to Shareholders
Five-Year Return to Shareholders Total Return Performance Source: S&P Global Market Intelligence. Note: Market data as of 7/27/2022. (1) Proxy peers are a custom peer group disclosed in the 2022 MPB proxy filed 3/24/2022; includes: CCNE, FRBK, EBTC, AROW, BCBP, CATC, FCBC, FRST, AMNB, PFIS, SMMF, OR
Slide 13: Appendix
Appendix
Slide 14: Experienced Management Team
Experienced Management Team Source: Company Documents. RORY RITRIEVI Chief Executive Officer Mr. Rory G. Ritrievi joined Mid Penn Bank and parent company Mid Penn Bancorp, Inc. in 2009 as President and Chief Executive Officer. Prior to joining Mid Penn, Mr. Ritrievi served as Market President and Ch
Slide 15: Franchise Snapshot: Corporate Structure
Franchise Snapshot: Corporate Structure Source: Company Documents. (1) MPB Management is a future potential business line currently in planning stages. Mid Penn Bancorp, Inc. Mid Penn Bank Consumer Banking Commercial Banking Trust and Wealth Management Services Retail Brokerage Private Banking Resid
Slide 16: Non-GAAP Reconciliation
Non-GAAP Reconciliation Source: S&P Global Market Intelligence, Company Filings.
Slide 17: Non-GAAP Reconciliation
Non-GAAP Reconciliation Source: S&P Global Market Intelligence, Company Filings.
Slide 18: Non-GAAP Reconciliation
Non-GAAP Reconciliation Source: S&P Global Market Intelligence, Company Filings.
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