Acnb Corporation · NASDAQ:ACNB
Acnb — Shareholder Meeting (May 2018)
36 slides from Acnb's shareholder meeting presentation, May 3, 2018
Slide 1: Special Cautionary Notice Regarding Forward-Looking Statements
Special Cautionary Notice Regarding Forward-Looking Statements During the course of this presentation, there may be projections and forward-looking statements regarding events or the future financial performance of ACNB Corporation. We wish to caution you that these forward-looking statements involv
Slide 2: Board of Directors
Board of Directors Frank Elsner, III – Chairman of the Board Richard L. Alloway II James P. Helt Todd L. Herring Scott L. Kelley James J. Lott Donna M. Newell J. Emmett Patterson Daniel W. Potts Thomas A. Ritter Marian B. Schultz D. Arthur Seibel, Jr. David L. Sites Alan J. Stock James E. Williams
Slide 3: Executive Officers
Executive Officers ACNB Bank James P. Helt – President & Chief Executive Officer David W. Cathell – Executive Vice President/Treasurer & Chief Financial Officer Lynda L. Glass – Executive Vice President/Secretary and Chief Risk & Governance Officer Laurie A. Laub – Executive Vice President/Chief Cre
Slide 4: Business Advisors
Business Advisors Bybel Rutledge LLP Partner Nicholas Bybel, Jr., Esquire Partner L. Renee Lieux, Esquire RSM US LLP Partner Faye Miller
Slide 5: Annual Meeting of Shareholders May 1, 2018
Annual Meeting of Shareholders May 1, 2018
Slide 6: David W. Cathell, EVP/Treasurer & Chief Financial Officer
David W. Cathell EVP/Treasurer & Chief Financial Officer
Slide 7: Federal Deposit Insurance Corporation Improvement Act (FDICIA)
Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) The Federal Deposit Insurance Corporation Improvement Act requires that institutions be classified, based on their risk-based capital ratios, into one of five defined categories: well capitalized, adequately capitalized, undercap
Slide 8: Federal Deposit Insurance Corporation Improvement Act (FDICIA)
Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) The Federal Deposit Insurance Corporation Improvement Act requires that institutions be classified, based on their risk-based capital ratios, into one of five defined categories: well capitalized, adequately capitalized, undercap
Slide 9: Balance Sheet Trends
Balance Sheet Trends At Year-End in Millions of Dollars
Slide 10: Net Income
Net Income At Year-End in Millions of Dollars *Non-GAAP Financial Measures Disclosure: Without the nonrecurring expenses incurred as a result of the acquisition and integration of New Windsor Bancorp, Inc., net of the corresponding tax impact at the marginal tax rate, in the amount of $3,010,000 and
Slide 11: Net Interest Income
Net Interest Income At Year-End in Millions of Dollars A Division of ACNB Bank
Slide 12: Stockholders' Equity
Stockholders’ Equity At Year-End in Millions of Dollars
Slide 13: Book Value Per Share
Book Value Per Share At Year-End in Dollars
Slide 14: Dividends Per Share
Dividends Per Share Dividends Declared in Dollars 15%
Slide 15: Recent Stock Price Compared to Tangible Book Value Per Share
Recent Stock Price Compared to Tangible Book Value Per Share Local Peer Financial Holding Companies are similar sized financial institutions in the Southcentral Pennsylvania market. Source of data on individual financial holding companies: D. A. Davidson Investment Bankers As of April 13, 2018
Slide 16: Recent Stock Price Compared to Tangible Book Value Per Share
Recent Stock Price Compared to Tangible Book Value Per Share As of April 13, 2018 Percent e 2 WACNB
Slide 17: Wealth Management Assets
Wealth Management Assets At Year-End in Millions of Dollars
Slide 18: Wealth Management Fee Income
Wealth Management Fee Income At Year-End in Thousands of Dollars
Slide 19: Wealth Management Fee Income by Segment
Wealth Management Fee Income by Segment At Year-End in Thousands of Dollars
Slide 20: Russell Insurance Group Total Revenue
Russell Insurance Group Total Revenue At Year-End
Slide 21: Russell Insurance Group Net Income
Russell Insurance Group Net Income At Year-End
Slide 22: Russell Insurance Group EPS
Russell Insurance Group EPS At Year-End
Slide 23: James P. Helt, President/CEO
James P. Helt President/CEO
Slide 24: Our Organization Today
Founded in 1857, the largest independent financial institution headquartered in Adams County, PA Rank among top 15 banks headquartered in Pennsylvania by asset size Franchise includes 4 counties in southcentral Pennsylvania and 1 contiguous county in northern Maryland – Carroll County $1.6 billion i
Slide 25: Keys to Community Banking: Resources, Talent, Markets
3 Keys to Community Banking Resources Talent Markets
Slide 26: Resources at ACNB
Resources – A source of supply or support; ability to meet and handle situations. Capital Products/Services Resources at ACNB
Slide 27: Capital: Provides the Resource/Supply
Shareholder equity increased in 2017 to $153,966,000 from $120,061,000. Provides the Resource/Supply Capital $2,637,000 $4,913,000 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 Net Income 3/31/2017 3/31/2018 $0.43 $0.70 $- $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 $0.70 $0.80 Earnin
Slide 28: Capital
Capital >» Shareholder equity increased in 2017 to $153,966,000 from $120,061,000. Net Income Earnings Per Share $6,000,000 soo ent 86% ne $5,000,000 $4,913,000 $0.70 $0.60 $4,000,000 oS $043 $3,000,000 $2,637,000 $0.40 $0.30 $2,000,000 $0.20 $1,000,000 $0.0 s $ a/axj2017 3/31/2018 a/axpro17 3/31/20
Slide 29: Talent at ACNB
Talent at ACNB Name/Title Banking Experience Joined ACNB Bank Experience/Disciplines Prior Experience James P. Helt President & CEO 29 Years 2008 Strategy, Sales, Lending, Credit, Executive FB&T, Financial Trust, CMTY, SUSQ David W. Cathell EVP/Treasurer & CFO 40 Years 2005 Finance, Treasury, Strate
Slide 30: Talent at ACNB
Talent at ACNB Name/Title Banking | Joined ACNB | Experience/Disciplines Prior Experience Experience Bank James P. Helt President & CEO David W. Cathell Evp/Treasurer & CFO Lynda L. Glass EvP/Secretary and Chief Risk & Governance Officer, Operations Officer Tom N. Rasmussen EVP/Market President Doug
Slide 31: Talent at ACNB
Talent at ACNB
Slide 32: Market Overview
Ranked #1 in Adams County market area with deposit market share of 53.55%*. ACNB Bank has the #1 deposit market share in 6 out of 13 defined market areas in PA*. Gettysburg Carroll Valley Upper Adams East Berlin McSherrystown Newville 29 Retail Offices and a LPO (York) 14 in Adams County, PA 6 in Yo
Slide 33: Market Overview
Market Overview + Ranked #1 in Adams County market area with deposit market share of 53.55%", + ACNB Bank has the #1 deposit market share in ACNB Bank Expanded Footprint 6 out of 13 defined market areas in PA* € : Gettysburg Carroll Valley Upper Adams East Berlin McSherrystown Newville * 29 Retail O
Slide 34: Community Banking Advantages
Community Banking Advantages Committed to support the communities we serve We focus on nimble local decision making 15% increase in dividend to $0.23 per share
Slide 35: Our Vision
Our Vision Vision Statement To be the independent financial services provider of choice in the core markets served by building relationships and finding solutions. Strategic Focus Enhance revenue sources to deliver continued solid performance to our shareholders. Control operating expenses by utiliz
Slide 36: ACNB Corporation