First Financial Bancorp. · NASDAQ:FFBC

First Financial Bancorp — Merger or Acquisition (August 2011)

10 slides from First Financial Bancorp's merger presentation, Aug 17, 2011

  1. Slide 1: Acquisition of Flagstar Bank, FSB Indiana Branches

    EXHIBIT 99.2 fiIRST first financial bancorp Acquisition of Flagstar Bank, FSB Indiana Branches August 16, 2011 i

  2. Slide 2: Forward Looking Statement Disclosure

    fiRST first financial bancorp Forward Looking Statement Disclosure pmsl en teare Ra Sleebarmneroe maswegctoa Ad Cagar ite a one pets rns rena ebb sores Voc soras steerer’ gene’ "noe sr + sty tire ene seus sxen guy ata sent + ncn ta cl ngion andl nape aeozcone nu Ban, ‘Another step on the path to suc

  3. Slide 3: Transaction Summary

    fiRST first financial bancorp Transaction Summary Acquiring approximately $625.9 million of deposits and 22 retail branch locations in Indiana, 18 of which are located in the Indianapolis, IN MSA 13 brick & mortar branches to be acquired Nine in-store branches to be acquired Transaction * 4.37% prem

  4. Slide 4: Transaction Highlights

    fIRST Transaction Highlights first financial bancorp Significantly enhances presence in key market of Indianapolis, IN Demographically desirable branch locations within the Indianapolis MSA High scarcity value — very few acquisition targets available in the Indianapolis MSA with similar scale and at

  5. Slide 5: Branch Map and Deposit Market Share

    fiRST Branch Map and Deposit Market Share first financial bancorp Pro Forma Deposit Market Share = Very few community banks remaining in the indianapolis market with the scale and branch network provided by the Flagstar branches = Acquisition provides a solid platform for accelerated growth in the c

  6. Slide 6: ncial bancorp

    ncial bancorp Compared to other locally headquartered institutions with all of their branches located within th Indianapolis MSA, the Flagstar branches are more concentrated in desirable locations within the metropolitan area — all but one Flagstar branch are within 15 miles of downtown Indianapolis

  7. Slide 7: Assumed Deposit Composition

    fiRST financial bancorp = First Financial expects to build the deposit base towards a composition mirroring its existing strategic portfolio * Approximately 80% of the retail and jumbo certificates of deposit mature by December 31, 2012 = 100% of the public funds certificates of deposit mature by De

  8. Slide 8: Conservative Financial Assumptions and Financial Impact

    Conservative Financial Assumptions Financial Impact Portion of cash received in transaction will be immediately invested in securities; will maintain some liquidity to fund time deposit maturities First p structure on acquired op: Conservative noninterest income assumptions given regulatory changes

  9. Slide 9: Balance Sheet and Capital Impact

    fiRST Balance Sheet and Capital Impact first financial bancorp Estimated Summary Balance Sheet Impact ‘As of June 30,2011 * sgstar Bank- Liberty Savings Pro Forma indiana ‘Cash and investments S 14sgg6s Sag $ | ITHA82 $2 I2HAd ‘Tota loans, including covered loans 4,031,884 2 146,672 4,178,586 Total

  10. Slide 10: Another step on the path to success

    fiRST first financial bancorp jother step on the path to success,

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