First Savings Financial Group Inc

First Savings Financial — Investor Presentation (August 2017)

17 slides from First Savings Financial's investor presentation, Aug 8, 2017

  1. Slide 1: Investor Presentation August 8, 2017

    I NVESTOR P RESENTATION AUGUST 8, 2017

  2. Slide 2: Important Disclosures

    I MPORTANT D ISCLOSURES 2 Unless the context indicates otherwise, all references in this presentation refer to “First Savings Financial Group,” “Compan y,” “we,” “us” and “our” refer to First Savings Financial Group and its subsidiaries. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This pres

  3. Slide 3: First Savings Financial Group Company Overview

    F IRST S AVINGS F INANCIAL G ROUP (NASDAQ “FSFG”) C OMPANY O VERVIEW 3 ■ Headquartered in Clarksville, Indiana - Holding Company for First Savings Bank (est. 1937) ■ Experienced management team  CEO Larry W. Myers: CEO since 2005, age 59  CFO Tony A. Schoen, CPA: CFO since 2009, age 40  COO John

  4. Slide 4: Key Financials, Stock Performance, Loan & Deposit Composition

    K EY F INANCIALS F IRST S AVINGS F INANCIAL G ROUP – C OMPANY O VERVIEW S TOCK P ERFORMANCE 4 L OAN & D EPOSIT C OMPOSITION 9.8% 29.2% 3.7% 3.1% 41.6% 8.5% 1.5% 2.7% Loans C&D Resi HELOC Multifam CRE C&I Consumer Other F RANCHISE F OOTPRINT (P RO F ORMA 1 ) Source: SNL Financial; Financial data as o

  5. Slide 5: Significant Corporate Presence in Market – Top Louisville MSA Employers

    S IGNIFICANT C ORPORATE P RESENCE IN M ARKET – T OP L OUISVILLE MSA E MPLOYERS 5

  6. Slide 6: Market Summary: Louisville MSA and Indiana Demographics

    M ARKET S UMMARY L OUISVILLE MSA A ND I NDIANA D EMOGRAPHICS 6 Source: SNL Financial. Note: Based on market in which branches are located and calculated on a weighted average basis, as compiled by SNL Financial; HH I = Household Income. CONFIDENTIAL 2.11 2.99 2.11 0.00 2.00 4.00 P ROJECTED P OPULATI

  7. Slide 7: Market Position Summary: Market Share by County and Louisville MSA

    M ARKET P OSITION S UMMARY : FSFG: M ARKET S HARE BY C OUNTY AND L OUISVILLE MSA 7 H ARRISON , IN C LARK , IN D AVIESS , IN 1 C RAWFORD , IN 2016 RankInstitution (ST) 2016 Number of Branches 2016 Total Deposits in Market ($000) 2016 Total Market Share (%) 1First Capital Inc. (IN) 5 252,455 35.81 2Fi

  8. Slide 8: Market Position Summary: Market Share by County and Louisville MSA (Cont'd)

    M ARKET P OSITION S UMMARY : FSFG: M ARKET S HARE BY C OUNTY AND L OUISVILLE MSA (C ONT ’ D ) 8 F LOYD , IN W ASHINGTON , IN L OUISVILLE MSA 2016 RankInstitution (ST) 2016 Number of Branches 2016 Total Deposits in Market ($000) 2016 Total Market Share (%) 1PNC Financial Services Group (PA) 4 383,450

  9. Slide 9: Loan & Deposit Composition: 6/30/2017 vs. 6/30/2009

    FSFG – L OAN & D EPOSIT C OMPOSITION : 6/30/2017 VS . 6/30/2009 6/30/2017 L OAN & D EPOSIT C OMPOSITION 9 Source: SNL Financial; Data as of 6/30/2017. Note: Bank level data. 9.8% 29.2% 3.7% 3.1% 41.6% 8.5% 1.5% 2.7% Loans C&D Resi HELOC Multifam CRE C&I Consumer Other 41.5% 23.8% 29.0% 5.6% Deposits

  10. Slide 10: FSFG: Growth History

    10 FSFG: GROWTH H ISTORY Source: SNL Financial; Financial data as of date indicated in table. 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 2009 2010 2011 2012 2013 2014 2015 2016 2017 LTM Total Assets ($000) Total Assets ($000) 0 2,000 4,000 6,000 8,000 10,000

  11. Slide 11: Peer Group Comparison: Midwest Publicly Traded Banks

    11 Source : SNL Financial; Market data as of 8/4/2017; Financial data as of date indicated in table. Note: Bank level data used if holding company consolidated information was unavailable; FSFG earnings are adjusted for nonrecurring items. Note: LTM = last twelve months, TBV = tangible book value. P

  12. Slide 12: Peer Group Comparison: Midwest Publicly Traded Banks

    12 P EER G ROUP C OMPARISON M IDWEST P UBLICLY T RADED B ANKS WITH A SSETS B ETWEEN $600MM - $1.5B Source: SNL Financial; Financial data as of date indicated in table. Note: Bank level data used if holding company consolidated information was unavailable. Peer group contains select publicly traded M

  13. Slide 13: Stock Performance of Public Peers

    S TOCK P ERFORMANCE OF P UBLIC P EERS (12/31/2011 – P RESENT ) 1 - Y EAR P RICE P ERFORMANCE 13 1 - Y EAR T OTAL R ETURN 1 P ERFORMANCE 215% 133% 149% 97% (50.00) 0.00 50.00 100.00 150.00 200.00 250.00 12/31/2011 12/31/2012 12/31/2013 12/31/2014 12/31/2015 12/31/2016 FSFG FSFG Peers SNL Bank Index S

  14. Slide 14: Pending Acquisition Dearmin Bancorp, Inc. – Franchise Overview

    P ENDING A CQUISITION D EARMIN B ANCORP , I NC . – F RANCHISE O VERVIEW 14 L OAN & D EPOSIT C OMPOSITION 1.7% 45.8% 0.3% 0.0% 14.2% 13.3% 8.0% 16.8% Loans C&D Resi HELOC Multifam CRE C&I Consumer Other F RANCHISE F OOTPRINT (P RO F ORMA ) Source: SNL Financial; Financial data as of 6/30/2017. .Note:

  15. Slide 15: First Savings Financial Group Investment Considerations

    F IRST S AVINGS F INANCIAL G ROUP I NVESTMENT C ONSIDERATIONS 15 ■ Experienced management team ■ Well positioned in growth market  Strong demographics in Louisville MSA - Number 12 market position  Top 5 market share in 5 of 6 counties in footprint ■ Above peer operating performance ■ Consistent a

  16. Slide 16: Notes / Questions

    N OTES / Q UESTIONS 16

  17. Slide 17: Non-GAAP Financial Measures

    N ON - GAAP F INANCIAL M EASURES ( DOLLARS IN THOUSANDS ) 17

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