ENB Financial Corp · OTC:ENBP
ENB Financial — Shareholder Meeting (April 2004)
24 slides from ENB Financial's shareholder meeting presentation, Apr 20, 2004
Slide 1: Annual Meeting
Annual Meeting APRIL 20, 2004 Welcome Shareholders
Slide 2: Order of business
order of business • To establish the number of directors at ten • To elect the directors
Slide 3: Directors for 2004-2005 term
directors for 2004-2005 term • Paul W. Brubaker • J. Harold Summers • James C. Gibbel • Walter K. Trumbauer • Aaron L. Groff, Jr. • Noah W. Wenger • Robert J. Hamilton, IV • Paul M. Zimmerman, Jr. • Bonnie R. Sharp • Thomas H. Zinn
Slide 4: President's remarks
president’s remarks
Slide 5: Executive team
executive team • Aaron L. Groff, Jr. Chairman of the Board, President and CEO • Paul W. Brubaker Executive VP, Corporate Secretary • Paul W.Wenger Sr. VP of Operations • Dale G. Burkholder Sr. VP Lending, Sr. Loan Officer • Barry W. Harting Sr. VP, Administrative Services • Scott E. Lied Sr. VP, Con
Slide 6: Characteristics of growth at ENB
characteristics of growth at ENB • Progressive • Solid • Technology • Responsive • Convenient
Slide 7: Slide 7
Slide 8: Looking forward
looking forward • Continue earnings performance • Helping our customers achieve financial success • Enriching the communities we serve
Slide 9: Financial performance
financial performance
Slide 10: Disclosures
disclosures • Unaudited Financial Information – Some of the following slides do present financial information that is unaudited; therefore, this information is subject to adjustments that could be necessary upon completion of the annual audit. • Forward Looking Statements – Some of the material and/
Slide 11: Net income
net income $6,467 $6,500 $6,244 Dollars In Thousands $6,000 $5,357 $5,500 $4,907 $4,963 $5,000 $4,500 $4,000 $3,500 $3,000 1999 2000 2001 2002 2003
Slide 12: Earnings per share
earnings per share 2.20 2.20 2.13 1.82 1.80 1.64 1.67 1.40 1.00 1999 2000 2001 2002 2003
Slide 13: Dividends per share
dividends per share 1.00 0.96 0.90 0.87 0.77 0.80 0.70 0.70 0.70 0.60 0.50 1999 2000 2001 2002 2003
Slide 14: 2003 significant events
2003 significant events • Net interest margin • Charged off loans and OREO • Director insurance proceeds • Gain on sale of securities • Money Management Group Income
Slide 15: Net interest income
net interest income 19,000 17,577 17,149 17,000 Dollars in thousands 14,800 15,000 13,406 13,747 13,000 11,000 9,000 1999 2000 2001 2002 2003
Slide 16: Net interest margin
net interest margin Net interest Financial Institution margin PennsWoods 4.58 Citizens Financial Services 4.44 Ephrata Natl BK PA 4.14 Comm Bancorp 3.80 First Keystone Corp. 3.63 Franklin Finl Svcs Corp 3.45 Quakertown National Bank 3.45 NorthSide Bank 3.28 Penn Security Bank & Trust Co. 3.24 First
Slide 17: 2003 significant events
2003 significant events • Net interest margin • Charged off loans and OREO • Director insurance proceeds • Gain on sale of securities • Money Management Group Income
Slide 18: Money management group income
money management group income 1 2 3 .8 700 9 1 .6 600 5 5 .6 5 7 6 .8 500 0 .5 4 9 7 .8 0 4 7 8 .2 400 4 4 1 .7 3 9 0 .7 300 200 1999 2000 2001 2002 2003
Slide 19: Income components
income components 9% 1998 Net Interest Income Non-Interest Income 91%
Slide 20: Income components
income components 16% 2003 Net Interest Income Non-Interest Income 84%
Slide 21: Peer analysis
peer analysis Performance Ephrata Peer Measure National Average ROAA 1.30 1.16 ROAE 10.38 11.93 Efficiency ratio 60.56 63.24 Loans/Deposits 69.72 75.57 NPA's/Assets 0.33 0.45 Per SNL DataSource as shown on the ENB website
Slide 22: Asset growth
asset growth 600.0 526.0 478.9 500.0 438.9 356.2 388.2 400.0 300.0 200.0 1999 2000 2001 2002 2003
Slide 23: Stock performance
stock performance • Total return • Trade multiples • Stock price • Dividend reinvestment
Slide 24: Thank you shareholders
thank you shareholders