Banc Of California, Inc. · NYSE:BANC
Banc Of California — First Pactrust Bancorp — Investor Presentation (July 2012)
21 slides from Banc Of California's investor presentation, Jul 30, 2012
Slide 1: Investor Presentation July 2012
Opoadctrust BANCORP,INC* Investor Presentation July 2012
Slide 2: Forward-looking Statements
Executing on Growth Opdctrust Forward-looking Statements ‘When used in thsresentonlndindocamers es wth or fumahed othe Secures ond xchonge Conmssion te “SEC, nares eleoses or ete publeshorekader ‘onmuntoters, orn ool statements made wth opal ofan autareedexcetiveefee te words Opes bev” “wi” shou" el
Slide 3: Why Invest in First PacTrust?
Executing on Growth Opdctrust Why Invest in First PacTrust? BANCORMINC: Y First PacTrust is a strong growth oriented Bank — Sound Business Plan — Strong capital position — Focus on “qualitative” growth with 30% year-over-year increase in total assets between Q1-2011 and Q1-2012. — Strong franchise d
Slide 4: Company Background Information
6) FIRST pdctrust Company Background Information BANCORRINC: FRB regulated Bank Holding Company — Fist post Dodd-Frank SBLHCto be approved as BHC $1.08 Billion total assets as of March 31, 2012 \Wholly-owned subsidiary, PacTrust Bank (Bank), isa federal savings bank regulated by the OCC. Headquarter
Slide 5: Delivered in 2011 — Organic and Acquisitive Growth
Executing on Growth Opdctrust Delivered in 2011 — Organic and Acquisitive Growth BANCORRINC: mPacTrust mBeach mGateway ‘ Management adtions completed + Repositioned products = 2MOUs terminated Strengthen infrastructure * Delinquencies declined by 6736 In Improveasset iupiael quality + 90+ delinquent
Slide 6: Business Foundation - Philosophy
ss Foundation - Philosophy Management Team ‘Mission Statement: ‘Tobethe premier ‘community bankin Southern California serving the needs of strong Cat ‘Access to Balance proeciraly anes : Sheet midsized businesses and coil Goren Market Opportunity Executing on Growth
Slide 7: First PacTrust Management Team
Opdctrust Management Team BANCORMINC: Officer Position ‘Greg Michell CEO rilionin assets to 68 branch and 7,7 blion ‘ational bank ~ lInestment banker focusing on regional banks ~ Foymer regulator with OTS, funder of Capital ‘Assistance Group for troubled this during RTC. Bob Franko President ~ Found
Slide 8: Access to Capital
Executing on Growth Opdctrust Access to Capital ¢ ? BANCORRINC: © Continued strong capital position at Bancorp and Pacific Trust Bank. TCE to Assets* 20.0% © Added more than $100 million of new capital and liquidity over the past 18 months — $60 milion of pipe deal completed in November 2010, and re
Slide 9: Growth Strategy
Executing on Growth Opdctrust Growth Strategy @ BANCORMINC: ¥ Increase market penetration within the Bank’s Selectively explore traditional acquisitions primary footprint and expand into ¥ Focus on banks with the following neighboring regions (characteristics -_ ; —Open new retail banking locations
Slide 10: Scalable Business
Executing on Growth Opdctrust Scalable Business 6 BANCORMINC: * Strong capital levels to ° Asset allocation support organic growth flexibility * Access to capital to —Low CRE concentration support acquisitions —Low C&l concentration ~e- v First PacTrust is well-positioned for growth v First PacTrust
Slide 11: Gateway and Beach Business Banks
Executing on Growth Opdctrust Gateway and Beach Business Banks re) BANCORMINC: © Beach Business Bank merger completed on July 1, 2012 Solid current earnings with franchise expected to add ~$2 million in pre-tax income in 2012 — Leads to expansion in NIM and NII Moderate first year lift from “cross i
Slide 12: Franchise Map: Branches & Offices
Franchise Map: Branches & Offices © Operate 14 banking offices serving San Diego, Los Angeles, Orange, and Riverside Counties 19 banking offices following completion of announced acquisitions of Beach and Gateway Business Bank Pro FormaBanking Branch Map* Pro-formamap with mortgage offices 5 De Novo
Slide 13: Delivering in 2012
Executing on Growth Opdctrust Delivering in 2012 6 BANCORP.ING: Completeintegrationof froma sr cace) Gateway and Beach ‘Beach: business banking platform (COMPLETED) ‘iM expanded 10 3.64% (27 ps) inal-11 asa resultofstablefundingcostsof0.65% and Grownet interest margin |jcectew eres) Generated 67 net
Slide 14: Long-term Goals
Executing on Growth Opdctrust Long-term Goals é BANCORMINC: ——. me 12% ROA each of Los Angeles, Orange, and B
Slide 15: Why Invest in First PacTrust
Executing on Growth Opdctrust Why Invest in First PacTrust BaNCORFINC: First PacTrust is well-positioned to become a lead bank consolidator in Southern California First PacTrust is a strong bank that will provide solid qualitative earnings with low credit risk. First PacTrust offers investors an att
Slide 16: Appendix
Executing on Growth Opdctrust APPENDIX BANCORRINC: APPENDIX 15
Slide 17: Loans
Executing on Growth Opdctrust Loans 6 BANCORRINC: * Q1 2012 quarter end balance increased by oo $52.7 million (26% annualized rate) to $828 po million 450% $800 © Loan production grew over Q4 2011 by $57 EJ million with average coupon of 5.05% on $750 3.50% organic growth and yield of 9.55% on purch
Slide 18: Deposits
Executing on Growth Opdctrust Deposits rol BANCORRINC: $90 hm Outstanding Deposit Balances tononmioeom © —Q1.2012 ending deposits grew by $68 $850 million (34% annualized rate) over 080% 12/31/2011 to $854 million. $800 — De novo branches added $25.5 million in deposits in Q1 2012 ein 0.50% © 1.2012
Slide 19: Significantly improved asset quality
Executing on Growth Opa ctryst redtaiy SAN CORR ING: Significantly improved asset quality Delinquencies declined by 87% from $54.8 million at 3/31/2011 to $7.1 million at 3/31/2012 Delinquencies & NPA Components Allowance for Loan & Lease Losses peut ‘Sinan INPAggclude loans that are more than 89 da
Slide 20: Non-GAAP Financial Information
5) FIRST pa BANCORMINC: Executing on Growth ictrust Non-GAAP Financial Information ‘This presentation contains certain fnancal information determined by methods other than in accordance with accounting principles generally acceptedin the United States (GAAP). These non-GAAP financial measures includ
Slide 21: Non-GAAP Financial Information (Continued)
Executing on Growth Opdctrust Non-GAAP Financial Information SAN CORR ING: (Continued) ‘The following table presents a reconciliation of pre-tax pre-provision income o net income (dolars in thousands): Forte forthe forthe forthe forthe Quarter quarter Quarter Quarter Quarter ing ending ending _—_end
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