Mid Penn Bancorp · NASDAQ:MPB
Mid Penn Bancorp — Investor Presentation (February 2022)
11 slides from Mid Penn Bancorp's investor presentation, Feb 2, 2022
Slide 1: Mid Penn Bancorp, Inc. Investor Presentation February 2022
Exhibit 99.1 DRAFT 04.07.2021 MID PENN BANCORP, INC. Investor Presentation February 2022 1
Slide 2: Forward-Looking Statements / Non-GAAP Disclosures
Forward-Looking Statements / Non-GAAP Disclosures 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” a
Slide 3: Mid Penn Bancorp, Inc. Overview
Mid Penn Bancorp, Inc. Overview Holding Company for Mid Penn Bank Franchise Highlights • Banking subsidiary: Mid Penn Bank (est. 1868), state Assets Loans Deposits chartered non member bank and trust company, headquartered in Millersburg, PA $4.0 B $4.7 B $3.1 B • A PA based commercial bank operatin
Slide 4: Strengthening Presence Across Pennsylvania as a Premier Community Bank
Strengthening Presence Across Pennsylvania as a Premier Community Bank 1,2 Branch Map Top Pennsylvania Headquartered Community Banks Total MPB (45) Assets 4 Branches Expected Closures (16) 3 Rank Institution Name (#) ($M) 1 First Commonwealth Financial (PA) 93 9,545 2 S&T Bancorp Inc. (PA) 70 9,489
Slide 5: Q4 2021 Highlights
Q4 2021 Highlights Selected Highlights Key Statistics 1 • Organic loan growth of 9% since December 31, 2020, primarily in the commercial real estate and commercial and industrial financing loan portfolios Balance 2 • Organic deposit growth of 19% since December 31, 2020 Sheet • Non performing assets
Slide 6: Demonstrated Ability to Drive Balance Sheet Growth
Demonstrated Ability to Drive Balance Sheet Growth 1 Total Assets ($M) Gross Loans ($M) $4,689 $3,104 $3,453 $2,999 $2,384 $2,370 $2,231 $1,763 $2,078 $1,624 $1,170 $910 $1,033 $814 2016 2017 2018 2019 2020 2021Q3 2021Q4 2016 2017 2018 2019 2020 2021Q3 2021Q4 2 Core Loans ($M) Total Deposits ($M) $4
Slide 7: Mid Penn Investment Highlights
Mid Penn Investment Highlights Experienced management team focused on driving franchise value Long track record and demonstrated ability to drive balance sheet growth Complimentary markets of operation provide low cost, stable deposits and higher growth lending opportunities Proven ability to acquir
Slide 8: Appendix
MID PENN BANCORP. Appendix
Slide 9: Experienced Management Team
Experienced Management Team 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 Chief Lending Officer of Comm
Slide 10: Franchise Snapshot: Corporate Structure
Franchise Snapshot: Corporate Structure Mid Penn Bancorp, Inc. Mid Penn Bank MPB Financial Services ü Consumer Banking ü Commercial Banking MPB Wealth MPB Risk MPB Management ü Trust and Wealth Management Services ü High / Ultra-High-ü Property & Casualtyü Tax Advisory ü Retail Brokerage Net Worth ü
Slide 11: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($000s) As of December 31, 2016 2017 2018 2019 2020 2021 Total Common Equity $70,467 $75,703 $223,209 $237,874 $255,688 $490,076 Goodwill 3,918 3,918 62,840 62,840 62,840 113,835 Other Intangibles 539 434 7,221 5,758 4,360 9,436 Less: Total Intangible Assets 70,061 68,598 67,
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