Fauquier Bankshares — Investor Presentation (August 2019)
20 slides from Fauquier Bankshares's investor presentation, Aug 7, 2019
Slide 1: +
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Slide 2: Safe Harbor Statement
Today’s presentations may include forward-looking statements. These statements represent the Company’s beliefs regarding future events that, by their nature, are uncertain and outside of the Company’s control. The Company’s actual results and financial condition may differ, possibly materially, from
Slide 3: About us
2 + About us
Slide 4: Excellence through an Engaged and Empowered Team
2 + 2 + The Fauquier Bank seeks Excellence through an Engaged and Empowered Team, building valued Relationships with our Customers and Community Excellence Relationships Empowerment Engagement Teamwork
Slide 5: Serving Northern Virginia since 1902
2 + Serving Northern Virginia since 1902 HQ Located in Warrenton, Virginia 11 Branches Senior Management Team NASDAQ: FBSS Marc J. Bogan - President & CEO Fauquier Bankshares, Inc. & The Fauquier Bank Christine E. Headly - Executive Vice President & Chief Financial Officer Fauquier Bankshares, Inc.
Slide 6: Northern Virginia Marketplace
Northern Virginia Marketplace CNBC’s America’s Top States for Business in 2019 Virginia ranked 1st in Overall Ranking 1st in Workforce & Education 3rd in Business Friendliness VIRGINIA WASHINGTON, D.C. MARYLAND FAUQUIER COUNTY PRINCE WILLIAM COUNTY The Plains New Baltimore View Tree Main Office / HQ
Slide 7: Financials
Financials
Slide 8: Financial Snapshot
2 + Title Financial Snapshot 8
Slide 9: Financial Performance
Title Financial Performance 9 * Adjusted based on net deferred tax revaluation
Slide 10: Income Analysis
Title Income Analysis 10 * Adjusted to show assets in transition due to conversion
Slide 11: Loan Portfolio
Title Loan Portfolio As of June 30, 2019 Total Loans $ 544 MM Weighted Average Loan Yields 2016 4.42 % 11 2017 4.49 % 2018 4.69 % H1 2019 4.86 %
Slide 12: Deposit Portfolio
Title Deposit Portfolio As of June 30, 2019 Deposit Characteristics Total Core Deposits as % of Total Total Deposits $ 607 MM 84.68 % 12 Weighted Average Deposit Rates 2016 0.30% 2017 0.36% 2018 0.54% H1 2019 0.76%
Slide 13: Deposit Market Share
Title Source: FDIC – Deposit Market Share Report Data as of June 30, 2018. Only top ten banks shown. BB&T 17 1,441,653 18.57 % Wells Fargo 12 1,143,704 14.73% Bank of America 10 922,474 11.88% SunTrust Bank 11 878,384 11.31% Capital One 9 655,423 8.44% 11 566,145 7.29% United Bank 7 498,768 6.42% TD
Slide 14: Strategy
Sample 1 EXCELLENCE • ENGAGEMENT • EMPOWERMENT • TEAM WORK • RELATIONSHIPS GROW BALANCE SHEET Take advantage of existing and new opportunities REDUCE EXPENSES Improve profitability by improving efficiencies IMPROVE PERFORMANCE Develop high performance mentality by using key metrics to compare to pee
Slide 15: Customer First New Products
Customer First New Products Private Banking for High Net Worth Clients Relationship Product Online Lending Platform First Time Home Buyer Products Digital Banking Focus Upgraded app with mobile deposit Zelle Card & Fraud management 15
Slide 16: Wealth Management Services
2 + Title Wealth Management Services Brokerage Assets over $126 MM Wealth Management Assets over $446 MM $41 MM of New Business in 2019 Experience – Over 100 years of collective experience Access- Deep roots in our communities with accessibility that fits our clients needs Resources – Tools and advi
Slide 17: Strategic Tactics
2 + Title Strategic Tactics Creating Efficiencies Investing In Building Sustainable Earnings Lines of Business Technology Prince William County Training & Development 17
Slide 18: Contact information
2 + Contact information Marc J. Bogan President & Chief Executive Officer marc.bogan@tfb.bank Christine E. Headly Executive Vice President & Chief Financial Officer chris.headly@tfb.bank Tammy P. Frazier, CPA Senior Vice President & Controller tammy.frazier@tfb.bank www.tfb.bank
Slide 19: Thank You
Title THANK YOU
Slide 20: Photo Attributions
Title Photo Attributions “Warrenton Courthouse at Christmas”, “Main Street Snow”, “Afterglow”, “Ranch Road”, “Gold Cup over Water”, & “Sunset and Main” by Edward Payne- Pages 1, 4, 7, 17 https://www.edwardpaynephoto.com/ “Center Street, Old Town Manassas” by Jon Cornwell is licensed under CC BY 2.0
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