Cf Bankshares Inc. · NASDAQ:CFBK
Cf Bankshares — Central Federal — Shareholder Meeting (May 2016)
17 slides from Cf Bankshares's shareholder meeting presentation, May 25, 2016
Slide 1: Central Federal Corporation Annual Stockholders Meeting
Central Federal Corporation Annual Stockholders Meeting Wednesday May 25, 2016 Columbus Cleveland Fairlawn Columbiana County
Slide 2: Presentation: Performance Highlights, Growth & Earnings Opportunities, Shareholder Value
PRESENTATION 2015 Performance Highlights Growth & Earnings Opportunities Enhancing Shareholder Value. Financial & Operating Highlights
Slide 3: 2015 Highlights
2015 HIGHLIGHTS 2015 Net Earnings of $4.5 million. Strong Earnings Trajectory by 1stQtr. 2016 up 25.6% over 2015.Book value per share increased $.22/sh are to $1.64/share 15% Loan Growth Strong Credit Quality .Regulatory Released prior constraints on growth and expansion
Slide 4: Growth and Earnings Opportunities: Capital & Headroom
GROWTH AND EARNINGS OPPORTUNITIES. Capital & Headroom available to grow our Balance Sheet. $400 million Earning Asset Target ($50 million increase).Solid Pipelines and increasing loan activity. S uccess recruiting top Lenders & MLO’s. CFBank has proven successful competing with Regional Banks for qu
Slide 5: Growth and Earnings Opportunities: CFBank Growth Strategy
GROWTH AND EARNINGS OPPORTUNITIES. CFBank Growth Strategy includes Organic Geographic Stategic M&A. Targeting presence Cincinnati Market Geographic focus remains on Metro Markets (where business customers are)
Slide 6: Enhancing Shareholder Value
ENHANCING SHAREHOLDER VALUE . Stock Repurchase Plan (recently announced up to 3% next 180 days).Accelerating Earnings Growth thru: Loan and B/S growth Increasing Fee Income –Corp. T/M and R/M volume s F unding cost reductions by repricing promo deposit rates. Size Matters to Earnings Performance and
Slide 7: Financial Highlights
FINANCIAL HIGHLIGHTS John Helmsdoerfer, EVP & CFO
Slide 8: Keys to Success and Earnings Improvements
FINANCIAL HIGHLIGHTS Keys to Success and Earnings Improvements Continued earnings improvement Optimizing balance sheet performance Continued credit quality improvement Capital strength to support growth Achieving operational efficiencies
Slide 9: Net Income Trends
Net Income Trends Net Income (Loss) ($ in thousands) Includes a $3.2 million credit to income tax expense as a result of the reversal of a deferred tax valuation allowance that occurred in the 4th quarter of 2015.
Slide 10: Driving Net Interest Income
Driving Net Interest Income Net Interest Income ($ in thousands)
Slide 11: Optimizing Balance Sheet Growth
Optimizing Balance Sheet Growth Quality loan growth has been critical to our success and driving net income Credit quality continues to improve while we prudently grow the balance sheet Loans ($ in thousands) Deposits ($ in thousands) Non-Interest Bearing Deposits Interest Bearing Deposits Assets ($
Slide 12: Continued Reduction in Criticized & Classified Loans
Continued Reduction in Criticized & Classified Loans is a Key Focus Criticized and Classified Loans (At December 31) ($ in thousands)
Slide 13: Credit Quality Continues to Improve
Credit Quality Continues to Improve Nonperforming loan (NPL’s) trends improved significantly •Net charge-off (recoveries) continue to trend favorably Our ALLL ratio to NPL’s has improved significantly Our ALLL as a % to loans remains strong at 2.18% at December 31, 2015Nonperforming Loans to Total L
Slide 14: Capital Strength to Support Growth
Capital Strength to Support Growth Capital Ratios (At December 31) Tier-1 Core Capital (Leverage Ratio) Total Risk-Based Capital RatioTier-1 Core Well Capitalized Total Risk-Based Well Capitalized
Slide 15: Q1 2016 Update
Q1 2016 Update -Q1-16 vs Q1-15•Net income of $316k for Q1-16 increased 26%compared to $251k for Q1-15 Income before taxes of $466k for Q1-16 increased 86% compared to $251k for Q1-15 Net interest income increased $230k, (9%) Credit quality remained strong; annualized net recoveries of 6 bps in Q1-16
Slide 16: In Summary
IN SUMMARY Adequate capital to support growth. Opportunities exist to improve margin and cost of funds. Focus remains on optimizing balance sheet and earnings performance. Continued emphasis on improving credit quality. Achieve operational efficiencies
Slide 17: Thank you!
Thank you! A