Cb Financial Services, Inc. · NASDAQ:CBFV

Cb Financial Services — Shareholder Meeting (May 2017)

24 slides from Cb Financial Services's shareholder meeting presentation, May 17, 2017

  1. Slide 1: 2017 Annual Shareholders' Meeting of CB Financial Services, Inc.

    0 2017 Annual Shareholders' Meeting of CB Financial Services, Inc. The holding company of

  2. Slide 2: Barron P. ("Pat") McCune, Jr., Vice Chairman, President & CEO

    1 Barron P. (“Pat”) McCune, Jr. Vice Chairman, President & CEO

  3. Slide 3: Ralph J. Sommers, Jr., Chairman of the Board of Directors

    2 Ralph J. Sommers, Jr. Chairman of the Board of Directors

  4. Slide 4: Barron P. ("Pat") McCune, Jr., Vice Chairman, President & CEO

    3 Barron P. (“Pat”) McCune, Jr. Vice Chairman, President & CEO

  5. Slide 5: Shareholder Presentation May 2017

    4 Shareholder Presentation May 2017

  6. Slide 6: Forward-looking statements

    5 Statements contained in this shareholder presentation that are not historical facts may constitute forward - looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995 . Such forward - looking statements are subject to significant risks and uncertainties . T

  7. Slide 7: The Strengths of Community Bank

    6 The Strengths of Community Bank

  8. Slide 8: Deposit Composition

    7 Source: Company documents and SNL Financial; Data is as of 12/31/16. (1) Represents the period from 12/31/15 through 12/31/16. Based on period end balance sheet data. (2) Average cost of total deposits includes interest and non - interest bearing deposits. 2016 Average Cost of Total Deposits: 0.33

  9. Slide 9: Loan Composition

    8 Loan Composition 12/31/16 Gross Loans HFI ($682M) Source: Company documents and SNL Financial; Data is as of 12/31/16. 2016 Average Yield on Loans: 4.42%  Balanced loan portfolio  Approximately 5% year over year C&I loan growth  No commercial real estate loan concentration issues  Consumer por

  10. Slide 10: Cost of Funds and Net Interest Margin

    9 Cost of Funds Source: SNL Financial and company documents, Peers include all commercial banks and bank holding companies headquartered in Pennsylvania with assets $300 million to $1.0 bil lion. Excludes mutual institutions and announced merger targets. Net Interest Margin  Strong net interest mar

  11. Slide 11: Strong Asset Quality

    10 Nonperforming Assets / Assets (1) Nonperforming Assets / Loans + OREO (1) NCOs / Avg. Loans Source: SNL Financial and company documents, Peers include all commercial banks and bank holding companies headquartered in Pennsylvania with assets $300 million to $1.0 billio n. Excludes mutual instituti

  12. Slide 12: Reserve Levels Support Capital Strength

    11 Allowance for Loan Losses / NPLs (1) Allowance for Loan Losses / Loans Source: SNL Financial and company documents, Peers include all commercial banks and bank holding companies headquartered in Pennsylvania with assets $300 million to $1.0 billio n. Excludes mutual institutions and announced mer

  13. Slide 13: Balanced Fee Revenue Mix

    12 Net Interest Income 80% Fee Income 20% Balanced Fee Revenue Mix With Opportunity For Continued Improvement Source: Company documents. Note: Fee income defined as noninterest income less net gain on sales of investments. Fee Revenue Mix – 2016  Fee income sources comprise approximately 20% of tot

  14. Slide 14: Bank Capital Exceeds Regulatory Requirements

    13 Bank Capital Exceeds Regulatory Requirements 0% 2% 4% 6% 8% 10% 12% 14% 16% Common Equity Tier 1 Capital Tier 1 Capital (to Risk Weighted Assets) Total Capital (to Risk Weighted Assets) Tier 1 Leverage Capital (to Adjusted Total Assets) Capital Adequacy Purposes To Be Well Capitalized CB Actual C

  15. Slide 15: Ralph J. Sommers, Jr. Operations Center

    Ralph J. Sommers, Jr. Operations Center

  16. Slide 16: Ralph J. Sommers, Jr. Operations Center

    15 Ralph J. Sommers, Jr. Operations Center  22,500 square foot state - of - the - art facility  Total investment (approximately) - $5.0 million  Number of Employees (approximately) – 70  Back office operations will include loan and deposit operations, accounting and information technology  Begi

  17. Slide 17: Patrick G. O'Brien, Senior Executive Vice President & COO

    16 Patrick G. O’Brien Senior Executive Vice President & COO

  18. Slide 18: 2016 Financial Performance

    17 2016 Financial Performance

  19. Slide 19: 2016 Economic Review

    18 2016 Economic Review  Local economy of Greene, Fayette, Washington and Westmoreland Counties struggled during 2016 with retraction in coal and natural gas industries  Mid - year 2016, natural gas prices increased and started to spur natural gas exploration activity  Activity ramped up through

  20. Slide 20: Shell Cracker Plant Site

    19 Shell Cracker Plant Site Source: The Pittsburgh Post - Gazette, Marcellus Drilling News and Google Earth.  340 - acre expanse on the southern bank of the Ohio and visible just off Interstate 376  Site specific infrastructure project already completed: » $70M relocation of the Center Township wa

  21. Slide 21: Community Bank in 2016

    20 Community Bank in 2016  Net Income - $7.6 million  ROA – 0.91%  ROE – 8.48%  Loan production was good » New commercial loans closed - $79.2 million » New mortgage loans closed - $48.3 million » New consumer loans closed - $70.3 million » Amounts disbursed under existing commercial lines of cr

  22. Slide 22: First Quarter of 2017 Financial Results

    21 First Quarter of 2017 Financial Results  Net Income - $1.7 million  ROA – 0.81% (1)  ROE – 7.66% (1)  Loan Growth – Recognized commercial and industrial and construction loan growth through originations  Deposit Growth - $25.0 million lead by transactional accounts  Credit Quality – Nonperf

  23. Slide 23: CB Financial Services – Recent Achievements

    22  April 2016: Bauer Financial awarded CBFV with its highest “Five Star” rating, available only to the strongest banks in the nation  April 25, 2016: American Banker magazine recognized CBFV as being among the “Top 200” performing community banks (2) in the nation for its three year average Retur

  24. Slide 24: Strategic Vision for CB Financial Services

    23  Opportunistically grow to over $1.0 billion in total assets in the tri - state area  Create a sales culture which builds full relationships with our commercial business customers  Maintain above peer profitability while continuing to invest for the future  Empower our experienced, high quali

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