Bank Of The James Financial Group, Inc. · NASDAQ:BOTJ
Bank Of The James Financial — Investor Presentation (September 2018)
16 slides from Bank Of The James Financial's investor presentation, Sep 6, 2018
Slide 1: Bank of the James Financial Group, Inc.
*} Bank .« The James FINANCIAL GROUP, INC. NASDAQ: BOTJ
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "estimate," "expect," "intend," "anticipate," "plan" and similar expressions and variations t
Slide 3: Our Company: Key Details
Listed on NASDAQ: BOTJ Market Capitalization: ~ $69.9 million(1) MRQ Core EPS(2) – 6/30/2018 – $1.20 Key Balance Sheet Metrics at 6/30/2018: Assets - $656 million Gross Loans - $534 million Deposits - $596 million Equity - $53 million Our Company Formed in 1999 by a group of experienced bankers, for
Slide 4: Our Markets
OUR MARKETS Highlights Headquartered in Lynchburg, VA Locally known as Region 2000 Affluent market with significant employers Recently Expanded into Charlottesville, Harrisonburg, and Roanoke Combined market area has a population of almost 1 million residents Market area boasts a stable economic env
Slide 5: Experienced, Young Team (1 of 2)
EXPERIENCED, YOUNG TEAM (1 of 2) Executive Headshot Previous Experience Age Years in Banking Years with BOTJ Robert Chapman President & CEO CEO, Bank of the James (2004) Co-founder, Bank of the James (1999) Current director First Lieutenant, US Army Virginia Military Institute Stonier Graduate Schoo
Slide 6: Experienced, Young Team (2 of 2)
Executive Headshot Previous Experience Age Years in Banking Years with BOTJ Angelia Johnson EVP & Retail Branch Administrator Retail Division Leader, Bank of the James (2008) Manager, Wachovia Bank (1995-2000) MBA, Averett University Stonier Graduate School of Banking 56 21 12 Brandon Farmer Chief O
Slide 7: Driving Shareholder Value with Strong Results
Driving Shareholder Value with strong results $427M $493M Note: ROAE, ROAA EPS and Dividends Per Share data for the quarter ended June 30, 2018 Annualized. Profitable Growth Strong loan growth has helped drive the increase in the Company’s return on equity Loan growth has come from Lynchburg as well
Slide 8: Opportunity for Continued Strong Organic Growth
OPPORTUNITY For Continued STRONG ORGANIC GROWTH Highlights As the impact of the financial crisis waned in late 2011, the Company began to refocus on growth Hired Mike Syrek as CLO Developed expertise and platform to bank more sophisticated C&I relationships Hired additional talented bankers in Lynch
Slide 9: Attractive Potential for Strategic Growth
ATTRACTIVE POTENTIAL FOR STRATEGIC GROWTH Highlights There are several banks with under $500MM in assets operating in our target market area Many of these companies are struggling to adjust to the new business and regulatory environment for community banks Many management teams are older, looking fo
Slide 10: Strong Balance Sheet Growth
STRONG BALANCE SHEET GROWTH Recent Balance Sheet Performance
Slide 11: Attractive Balance Sheet Mix
Attractive Balance Sheet Mix Current Loan Portfolio Current Deposit Portfolio The Bank has a conservative loan book and is focused on profitable loan growth with manageable risk The Company has focused its recent efforts on expanding its C&I loan book The Company’s recent expansion into other market
Slide 12: Asset Quality
ASSET QUALITY Low Nonperforming Assets (2) Strong Loan Quality (1)
Slide 13: Strong, Stable Net Interest Margin
Strong, stable net interest margin Recent Net Interest Margin Performance
Slide 14: Strong Financial Performance
STRONG FINANCIAL PERFORMANCE Efficiency Ratio ROAA and ROAE Noninterest Expense / AA Noninterest Income / Average Assets
Slide 15: Investment Considerations
INVESTMENT CONSIDERATIONS Attractive Market Opportunity Affluent market area with steady growth opportunities Recent expansion into attractive Charlottesville, Harrisonburg, Roanoke and Blacksburg MSAs Big banks have lost focus on these markets Opportunity to attract dislocated customers and bankers
Slide 16: Bank of the James Financial Group, Inc.
*} Bank .« The James FINANCIAL GROUP, INC. NASDAQ: BOTJ
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