Mvb Financial Corp. · NASDAQ:MVBF
Mvb Financial — Shareholder Meeting (May 2017)
11 slides from Mvb Financial's shareholder meeting presentation, May 16, 2017
Slide 1: Reaching New Heights - Shareholders Annual Meeting
WAV AV AV AV AV AV AV AVX IV\LVJV\INLVNLVLN LVL WAV AV A AV AAA XS REACHING NEW HEIGHTS Shareholders Annual Meeting President & CEO
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS MVB Financial Corp. has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in this presentation. These forward-looking statements are based on cur
Slide 3: MVB Financial Overview 2016
MVB FINANCIAL OVERVIEW 2016 (Best Earnings Year Ever) a 2) MVB Financial Corp. — Total assets: $1.4B; total loans: $1.1B; total deposits: $1.1B -— 13 branches, 19 mortgage offices and a central operations center — Focused on providing traditional community bank services in attractive markets Well po
Slide 4: Strong Track Record of Growth
STRONG TRACK RECORD OF GROWTH tal Assets ($M) Net Loans HFI ($M) MVB CAGR: 22% $1,418 Median Peer CAGR: 10% $1384 7 $1,110 ed $727 $533 $353 $414 $230 $259 2007Y 2008Y 2009Y 2010Y 2011Y 2012Y 2013Y 2014Y 2015Y 2016Y Total Deposits (SM) MVB CAGR: 24% $1,107 Median Peer CAGR: 10% : $1,012 $487 $391 $2
Slide 5: Exceptional Asset Quality
EXCEPTIONAL ASSET QUALITY SUPPORTED BY ROBUST CAPITAL POSITION 2.3% 14.6% ° 14.1% 7 2.0% 994 13.9% 13.79% a ool, fs BL 13.2% o— 134% 13.3% - = 127 f me 12.6% "4 39) - 118% 117% 11.9% 10.9% 11.0% 95% 2007Y 2008Y 2009Y 20L0Y 2011Y 2o12v 2013 2oL4y 2o1SY 2o16Y 2007Y 2008Y 2009Y 2010Y 2OL1Y 2012Y 2013Y
Slide 6: West Virginia Deposits Rankings by Year
WEST VIRGINIA DEPOSITS RANKINGS BY YEAR Year 2016 2015 2014 2013 2012 2011 2010 Ranking: 21 Source: FDIC.GOV (as of June 30th each year)
Slide 7: MVB Mortgage Volume Analysis
MVB MORTGAGE VOLUME ANALYSIS Historical Volume Comparison ($M) 2016 Dollar Volume by State") $1,643 MD ore DC $1,339 1.012 $838 VA 57% 2013Y 2014Y 2015Y 2016Y istorical Mortgage Fee Income folume ransaction e Hist | Mort; Feel SM 2016 Vol by Ti tion T) (2) $36 $30 Const & Bridge 2.33% |__| aa eval $
Slide 8: Notable Milestones
NOTABLE MILESTONES 20 Record earnings year (2016) Sale of MVB Insurance (2016) Successful $22M Capital Raise - New investors (2016) Repaid the $8.5M SBLF Funding Commitment (a1 2017) Oversubscribed Rights Offering ($5M) (a2 2017) New Core System Implementation - Jack Henry (Q2 2017) Regulatory Appro
Slide 9: MVB Planning 2017-2019
MVB PLANNING 2017-2019 9. CLIENT EXPERIENCE & DEVELOPMENT CULTURE (work environment, organization, roles & responsibilities, scalability) PROFITABILITY (core net earnings, organic and M&A growth) DEPOSIT GROWTH (focus on non-interest bearing deposits) LOAN GROWTH & DIVERSITY EFFICIENCY (improving ef
Slide 10: Attractive Valuation (P/2018E EPS)
Attractive Valuation (P/2018E EPS) MVB vs. Peers () 17.5x 16.5x Median: 15.4x __ 18.8 ea se ye se ee ge on pe cee Dem eee - 13.9x 13.2x 12.4x 11.0x 10.0x | MVBF SMMF SHBI OLBK ESXB ANCX AMNB CB NKSH SONA TCFC HBMD Source: SNL Financial, Factset (Peers defined as public banks headquartered in West Vi
Slide 11: Thank You - Question & Answer Session
WAVAV AV AV AV AV AV AVX (VLE LV WAVY AV AAV AAA THANK YOU QUESTION & ANSWER SESSION IR.MVBbanking.com 844-MVB-BANK a4 FINANCIAL