Banc Of California, Inc. · NYSE:BANC
Banc Of California — Bank of America Merrill Lynch Conference 2014
11 slides from Banc Of California's conference presentation, Nov 12, 2014
Slide 1: Investor Presentation
Exhibit 99.1 Investor Presentation Bank of America Merrill Lynch Conference November 2014
Slide 2: Forward-looking Statements
Forward-looking Statements When used in this presentation and in documents filed with or furnished to the Securities and Exchange Commission (the “SEC”), or other public shareholder communications, or in oral statements made with the approval of an authorized executive officer, the words or phrases
Slide 3: Company Overview
Company Overview Largest bank based in Orange County, CA NYSE: BANC (1) 164,000 average daily volume Franchise 80+ banking locations throughout California, including 38 branches in Los Angeles, Orange and San Diego counties $5.6 billion in Assets $4.9 billion in Loans $4.6 billion in Deposits ($4+ b
Slide 4: Full-Service Lending Platform
Full-Service Lending Platform PrivateBusiness C&I Lending, Lines of Credit, ABL Facilities, Owner Occupied CRE, SBA Lending, Equipment Finance, Specialties, Acquisition Financing, ESOP Financing Entrepreneurs and Family Offices Lines of Credit, Investor CRE, Multi-Family, Rediscounting, Acquisition
Slide 5: Strategic Growth
Strategic Growth Banc of California has been successful in growing its asset both base organically as well as through opportunistic acquisitions since its recap in November 2010 Gateway Bancorp and Beach Business Bank, 2012 $5,600 The Private Bank of California, CS Financial, and The Palisades Group
Slide 6: Continuation of Disciplined Growth
Continuation of Disciplined Growth Goodwill / Intangibles to Asset Growth Since YE2010 (Dollars in millions) (2) Goodwill / Intangibles $1,668 $232 $56 Total Asset Growth $10,400 $4,000 $4,800 Goodwill / Intangibles to 16% 6% 1% Asset Growth 1) Information based upon public filings. 2) Includes prel
Slide 7: Summary of Popular Branch Acquisition
Summary of Popular Branch Acquisition In-market transaction with complementary customer deposits to support Banc of California’s strategy of building California’s bank Deposits align with BANC’s customer base of private business owners, entrepreneurs and homeowners with average account size near $20
Slide 8: Strong, Improving Profitability Metrics
Strong, Improving Profitability Metrics ROAA Steven Sugarman named CEO of Banc of California, N.A 1.0% 0.4% 0.1% 0.8% on November 8, 2013. 1.0% ROAA and ROATCE has improved dramatically during the year 3Q 2013 4Q 2013 1Q 2014 2Q 2014 3Q 2014 following CEO appointment Acquisition of Popular Community
Slide 9: Diversified Loan Portfolio
Diversified Loan Portfolio Total Loans Total Loans (1) 4Q 2010: $693 million November 2014: $4.9 billion Multifamily C&I Other 4% 1% 2% CRE HFS 7% 23% Residential 24% Other 3% Residential C&I CRE 11% 21% 87% Multifamily 18% Commercial loans represent a majority of total loan portfolio * C&I includes
Slide 10: Growing Core Deposits and Lowering Cost of Deposits
Growing Core Deposits and Lowering Cost of Deposits Total Deposits Total Deposits (1) 4Q 2010: $646 million November 2014: $4.6 billion DDA / NOW Time 9% Deposits DDA / Savings 20% NOW 19% 33% Time Deposits Money Money Market 58% Market 24% Savings 14% 23% Cost of Deposits: 0.95% Cost of Deposits: 0
Slide 11: A Top California Bank at an Attractive Entry Point
A Top California Bank at an Attractive Entry Point BANC is the 9th largest public independent California bank Proven ability to attract and grow low cost retail deposits Proven ability to build a scalable and diverse commercial lending platform Proven M&A capabilities Compelling economic model with
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