Western New England Bancorp, Inc. · NASDAQ:WNEB
Western New England Bancorp — Westfield Financial — Investor Presentation (July 2008)
19 slides from Western New England Bancorp's investor presentation, Jul 29, 2008
Slide 1: Westfield Financial, Inc. Investor Presentation
WESTFIELD FINANCIAL, INC, Investor Presentation July 28, 2008
Slide 2: Forward-Looking Statements
FORWARD - LOOKING STATEMENTS Today’s presentation may contain “forward-looking statements” which may be identified by the use of such words as “believe,” “expect.” “anticipate,” “should,” “planned,” “estimated.” and “potential.” Examples of forward-looking statements include, but are not limited to,
Slide 3: Overview
Overview Headquartered in Westfield, MA 11 branch offices located throughout Hampden County Strategic Focus is Commercial & Industrial Relationships Westfield Bank has not conducted any subprime lending programs
Slide 4: Strategic Focus
Strategic Focus * Commercial and Industrial Relationships (C&D + Non-Real Estate * Owner-Occupied Commercial Real Estate + $5 million - $15 million niche for “mid-sized businesses” + WB has developed the capital, expe! culture, & reputation to support business development.
Slide 5: Capital Management
Capital Management Possible uses of capital: * Pay dividends to shareholders * Repurchase shares of our common stock -Fund organic growth or leverage the balance sheet Finance acquisitions of other financial — institutions or other businesses related to banking
Slide 6: Dividends Paid to Shareholders
Dividends Paid to Shareholders 2008 Regular Dividends $0.15 Special Dividends 0.15 Year-to-Date 2008 $ 0.30 2007 Regular Dividends $0.20 Special Dividends _0.20 Calendar Year 2007 $0.40
Slide 7: Stock Repurchase Plan
Stock Repurchase Plan On January 22, 2008 the Board of Directors approved a repurchase plan to buy back 3,194,00 shares or 10%. As of June 30, 2008 Westfield Financial had repurchases of 983,471 shares
Slide 8: Total Assets
Total Assets | 1,069 SI 1,039 1,000 gy $ = $900 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Jun-08
Slide 9: Stockholders' Equity / Total Assets Ratio
Stockholders’ Equity / Total Assets Ratio 40.00 29.03 30.00 27.56 25.60 20.00 15.69 14.83 i 39 10.00 If 0.00 + Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Jun-08
Slide 10: Total Loan Portfolio
Total Loan Portfolio June 2008 dollars in million Residential Commercial & Real Estate. Industrial $100.4 — 23% $132.0 30% Consumer__ Loans $4.7 1% Commercial Real Estate_— —~—_C&1 Real Loans $110.9 Estate 25% $92.2 21%
Slide 11: Commercial & Industrial Loans
Commercial & Industrial Loans 132 117 100 100 95 $90 | 85 $60 $30 - Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Jun-08 Millions
Slide 12: Commercial Real Estate Loans
Commercial Real Estate Loans 1 203 470175 oo $150 43, 144 $75 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Jun-08 Millions
Slide 13: Balance Sheet Funding
Balance Sheet Funding June 2008 —_— (dollars in millions) Short &Long___ _-Commercial Term oe Checking Borrowings $42.1 $200.9 5% 26% Retail Checking $92.3 12% Savings &_~ Money Markets $128.1 ; 16% Term Deposits $323.9 41%
Slide 14: Total Deposits
Total Deposits 640 8 632 623 627 613 $615 603 $590 587 $565 $540 | Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Jun-08 Millions
Slide 15: Short and Long Term Borrowings
Short and Long Term Borrowings 201 140 60 60 il ! Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Jun-08
Slide 16: Net Income
Net Income 8.7 63 6.2 $6.0 ag $4.0. 3.7 40 $0.0 : + : : ; Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Jun-08 Millions
Slide 17: Diluted Earnings Per Share
Diluted Earnings Per Share $0.35 $0.30 | $0.25 | $0.20 | $0.15 | ' "1 $0.10 $0.05 | $0.00 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Jun-08
Slide 18: Net Interest Margin
Net Interest Margin (fully taxable equivalent basis) el 4.00 3.25 3.20 3.00 2.00 1.00 0.00 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Jun-08
Slide 19: Thank You
Wp | WESTFIELD fies = FINANCIAL, INC Thank You
Westfield Financial — Investor Presentation (July 2008) on 6ix