Hingham Institution For Savings · NASDAQ:HIFS
Hingham Institution For Savings — Shareholder Meeting (2019)
17 slides from Hingham Institution For Savings's shareholder meeting presentation, 2019
Slide 1: Hingham Institution for Savings 2019 Shareholders Meeting
HINGHAM INSTITUTION FOR SAVINGS 2019 Shareholders Meeting
Slide 2: Banking is a very good business, unless you do dumb things
2 “Banking is a very good business, unless you do dumb things.” Warren Buffett
Slide 3: Overview
Overview 3 ● Financial Results ● Lending ● Commercial Deposit Growth and Digital
Slide 4: Financial Results
4 Financial Results
Slide 5: Industry Leading Earnings
Industry Leading Earnings Annual Earnings (in millions) 2014 2015 2016 2017 2018 @ Insurance Transaction M# Earnings
Slide 6: Superior Return on Shareholder Equity
Superior Return on Shareholder 6 Equity Most Profitable Savings Bank in MA - Every Year Source: Depositors Insurance Fund, All Massachusetts Savings Banks
Slide 7: Shareholder Equity - Book Value Per Share
Shareholder Equity - Book 7 Value Per Share 5YR CAGR of 15.5%
Slide 8: Avoid Loan Losses
Avoid Loan Losses 8 Source: FDIC
Slide 9: Low Cost Leadership
Low Cost Leadership 9 ● 2018 Efficiency Ratio = 29.89% ● We are one of the most efficient banks in America ● We must be relentless in taking unnecessary costs out of our business
Slide 10: Lending
10 Lending
Slide 11: Disciplined Loan Growth
Disciplined Loan Growth 11 5YR CAGR of 13.26%
Slide 12: Commercial and Construction Loan Growth
Commercial and Construction 12 Loan Growth 5YR CAGR of 18.27%
Slide 13: Commercial Lending
Commercial Lending 13 ● Boston ● Washington, D.C. ● Preparing for Opportunities
Slide 14: Commercial Banking
14 Commercial Banking
Slide 15: Commercial Deposit Focus
Commercial Deposit Focus 15 ● Specialized Deposit Group (SDG) ○ Strong team of relationship managers and technical specialists that handles our largest deposit relationships ○ Over 63% growth in SDG Commercial DDA balances in 2018 - core focus of our business development efforts ○ Significant expect
Slide 16: Digital Initiatives
Digital Initiatives 16 ● Personalized Service - Digital Excellence - Low Fees ● Increasing Geographic Reach ● Business: Business Online 6.0, Positive Pay, Token-Based MFA for Payments ● Retail: Digital Account Opening, Integration of Core and Debit Processing
Slide 17: Thank You
ee Thank You za HINGHAM INSTITUTION FOR SAVINGS —— ESTABLISHED 1834——=
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