Carver Bancorp Inc. · OTC:CARV
Carver Bancorp — Shareholder Meeting (September 2018)
13 slides from Carver Bancorp's shareholder meeting presentation, Sep 14, 2018
Slide 1: Annual Meeting of Shareholders
ANNUAL MEETING OF SHAREHOLDERS September 13, 2018 NASDAQ: CARV 70 Years Strong
Slide 2: Presentation Highlights
Presentation Highlights by Michael Pugh, President & CEO ▪ Review Financial Performance Fiscal Year 2018 ▪ Fiscal Year 2018 Impact ▪ Customers Are Our Priority ▪ Questions and Answers 1
Slide 3: Forward Looking Statements
Forward Looking Statements Certain statements contained in this presentation are “forward - looking statements” within the meaning of Section 27 A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934 . Such forward - looking statements which may be identified by the
Slide 4: Performance: Key Operating Metrics 2014-2018
Performance: Key Operating Metrics 2014 - 2018* Net Income ($ in thousands) Return on Average Assets Net Interest Margin Efficiency Ratio Note: 2014, 2015, & 2016 balances have been restated from previously reported results. *Carver Bancorp’s Fiscal Year begins April 1 and ends March 31. 3
Slide 5: Maintaining a Strong Balance Sheet
Maintaining a Strong Balance Sheet* ($ in millions) 4 Note: 2014, 2015, & 2016 balances have been restated from previously reported results. *Carver Bancorp’s Fiscal Year begins April 1 and ends March 31.
Slide 6: Carver Maintains Strong Regulatory Capital
Carver Maintains Strong Regulatory Capital As We Refine Our Operational Infrastructure 5 Tier 1 Leverage Ratio Regulatory Capital: as of 3/31/18, Carver’s capital ratio is 10.16% Note: 2014, 2015, & 2016 balances have been restated from previously reported results. *Carver Bancorp’s Fiscal Year begi
Slide 7: Credit Quality For The Bank Remains Strong
Credit Quality For The Bank Remains Strong* Non - performing loans to total loans (NPL) 6 Note: 2014, 2015, & 2016 balances have been restated from previously reported results. *Carver Bancorp’s Fiscal Year begins April 1 and ends March 31.
Slide 8: Continued Strength in our Asset Quality
Continued Strength in our Asset Quality* Non - performing assets to total assets (NPA) Note: 2014, 2015, & 2016 balances have been restated from previously reported results. *Carver Bancorp’s Fiscal Year begins April 1 and ends March 31. 7
Slide 9: Fiscal Year 2018 Impact
Fiscal Year 2018 Impact ▪ Carver strengthens its regulatory infrastructure ▪ Automating financial reporting and loan operations ▪ Implementing preventive cyber security measures ▪ Acquiring talent in critical departments - Information Technology, Compliance, Audit and Legal Departments ▪ Carver expa
Slide 10: Customers Are Our Priority
Customers Are Our Priority Committed lending program targeting SBA, C&I and CRE Customers. Carver Bank’s Lending Activity Fully enhanced online account opening capabilities to attract new customers and retain existing customers. Enhancements to Online Account Opening 8 full service branches. 19 ATMs
Slide 11: Carver's Lending Impact by Borough
Carver’ s Lending Impact by Borough of Carver ’ s loans are focused in New York City. This represents an increase from 62% in FY2017. 66% Borough No. of Loans Aggregate Loan Amount ($MM) Percentage of Loan Portfolio Brooklyn 262 $153 32% Manhattan 117 $84 18% Queens 75 $36 8% Bronx 38 $33 7% Staten
Slide 12: Our Customers, Our Community, Our Commitment
Our Customers, Our Community, Our Commitment Cornerstone Baptist Church. Rev. Lawrence Aker, III – Pastor • Located in Bedford - Stuyvesant, Brooklyn and founded in 1917 with a current membership of 1,500. • Financing provided for church renovations to support programming that targets youth and seni
Slide 13: Serving Our Communities
Carver Federal Savings Bank 70 Years Strong Serving Our Communities UPPER MANHATTAN BROOKLYN QUEENS • Atlantic Terminal Branch • Bedford - Stuyvesant Restoration Plaza • Crown Heights • Flatbush • Atlantic Terminal Shopping Mall • Fulton Street at Ralph Avenue BRANCHES/ATM REMOTE ATMs BRANCHES/ATM •
Carver Bancorp — Shareholder Meeting (September 2018) on 6ix