Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Q1 2019 Earnings Presentation
16 slides from Byline Bancorp's earnings presentation, Apr 26, 2019
Slide 1: Q1 2019 Financial Results
Q1 2019 Financial Results Exhibit 99.1
Slide 2: Forward-Looking Statements
Forward-Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the antici
Slide 3: First Quarter 2019 Highlights
First Quarter 2019 Highlights Balance Sheet Earnings Revenue Key Operating Trends Solid loan and lease originations of $131.4 million Payoffs of $81.8 million for the quarter down from $110.7 million in 4Q18 Net loan growth of $65.9 million, up 7.6% annualized Total deposits of $3.8 billion, up $58.
Slide 4: Loan and Lease Trends
Loan and Lease Trends Loan & Lease Portfolio March 31, 2018 March 31, 2019 ($ in millions) Originated and Acquired Loan & Lease Portfolio Total loans and leases were $3.6 billion at 1Q19, an increase of $65.9 million or 1.9% from the prior quarter and 56.4% from 1Q18 Originated portfolio increased b
Slide 5: Deposit Trends
Total deposits increased $58.6 million to $3.8 billion Seasonal fluctuations impacting transactional account balances Time deposit growth driven by promotional campaigns Total deposit costs increased to 87 bps from 75 bps in the prior quarter Cost of interest bearing deposits increased by 18 bps Dep
Slide 6: Net Interest Income and Net Interest Margin Trends
Net Interest Income and Net Interest Margin Trends Net interest income decreased $3.2 million to $50.1 million, primarily due to fewer accrual days and a decline in accretion income Net interest margin decreased 26 basis points to 4.43% from 4Q18, partially due to 10 bps decline in accretion income
Slide 7: Non-Interest Income Trends
Total Non-Interest Income Non-Interest Income Trends Non-interest income decreased $2.3 million from 4Q18 Lower net gains on sales of loans, due to a decrease in government guaranteed loan sales $1.3 million revaluation charge to servicing asset due to prepayment activity ($ in millions) Total SBC C
Slide 8: Non-Interest Expense Trends
Non-Interest Expense Trends Non-interest expenses were stable for the quarter Non-interest expense, excluding significant adjustment items(1), was $38.7 million Seasonal impact of higher payroll taxes increased salary and employee benefit expenses during the quarter Higher salary and employee benefi
Slide 9: Asset Quality Trends
Asset Quality Trends Non performing assets increased 3 bps to 0.70% in 1Q19 NPLs/ Total Loans & Leases increased to 0.85% in 1Q19 from 0.79% in 4Q18, partially due to increase in government guaranteed portions of NPLs NPLs/ Total Loans & Leases (excluding government guaranteed) increased to 0.71% in
Slide 10: Appendix
Appendix @ Byline Bancorp, Inc:
Slide 11: Five Quarter Financial Summary
Five Quarter Financial Summary ($ in millions, except per share data) Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix. For the Three Months Ended, March 31, 2019 December 31, 2018 September 30, 2018 June 30, 2018 March 31, 2018 Income Statement Net interest inc
Slide 12: Non-GAAP Reconciliation
@ Byline Bancorp, Inc: Non-GAAP Reconciliation (dollarsin thousands, per share data) Net income and earnings per share excludingsignifcantitems semconversionexpense income taxreform Impairment charges onassets held forsale As of or Forthe March 34, December, September30, June 30, March 34 2018 018 2
Slide 13: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
Slide 14: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
Slide 15: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)
Slide 16: Non-GAAP Reconciliation (continued)
Non-GAAP Reconciliation (continued)