Mvb Financial Corp. · NASDAQ:MVBF
Mvb Financial — Shareholder Meeting (May 2020)
18 slides from Mvb Financial's shareholder meeting presentation, May 19, 2020
Slide 1: CEO Presentation
May 19, 2020
Slide 2: Larry F. Mazza, President and CEO
Larry F.Mazza President and CEO
Slide 3: Slide 3
Slide 4: Forward Looking Statements
Forward Looking Statements MVB Financial Corp. (the “Company") has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21£ of the Securities Exchange Act of 1934, as amended, in this Presentation. These forward-looking statements
Slide 5: Our Purpose & Values
Our Purpose & Values “Trusted Partners on the Financial Frontier — Committed to Your Success!” oO ISL VY TRUST COMMITMENT RESPECT, LOVE, & lam reliable and act | take ownership of my CARING with integrity. | can be responsibilities in lam respectful, counted on and count support of MVB considerate a
Slide 6: COVID-19 Executive Summary
COVID-19 Executive Summary Proudly supporting our Trusted Partners Managing disruption from a position of strength and soundness Being “Defensively Offensive” Selected COVID-19 impacts
Slide 7: MVB Portfolio
MVB Portfolio Complementary Business Lines — Regional Lending with National Fintech Deposits © = Client presence CoRe Mortgage Treasury & Deposit Services = 1Obanking centers in West Virginia and 3 in Northern = Headquarteredin Fairfax, VA = Sales team basedin Salt Lake City Virginia = 17 Loan produ
Slide 8: MVB's Growth Journey
MVB’s Growth Journey Total Assets Total Loans : . $2,300 $1,400 $1,363 ane: $1,944 $1,300 $1,293 $1,800 $1.54 - $1200 $1,096 $1,384 $1,419 - $1,100 $1,024 $1,044 $1,200 $1,000 |_| a ove || a $800 $800 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 $30 $27.0 7 $1,400 $25 $1,200 $20 $1200 $15 $12.9
Slide 9: MVB's Dividend Growth
MVB’s Dividend Growth Dividend CAGR of 25% Over Four Years $0.25 $020 90.195 $0.15 $0.11 $0.10 $0.10 $0.08 - | $ 2016 2017 2018 2019
Slide 10: First Quarter 2020 Highlights
First Quarter 2020 Highlights (As compared to Fourth Quarter 2019) Deposits’ increased 22.9%, or Commercial loans’ increased 2.4%, $333M, to a balance of $1.8B or $26M, to a balance of $1.1B Noninterest-bearing deposits — increased 37.5%, or $112M, toa balance of $410M Net interest margin increased
Slide 11: Deposit Growth with NIB Focus
Deposit Growth with NIB Focus NIB CAGR of 27% Over Five Years Average Deposit Balances ‘Average Balance in thousands $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 NIB/Total Deposits $400,000 $200,000 $ $729,707 8% 2015 mmm interest-bearing deposits Noninterest-bearing deposits NIB de
Slide 12: NIM Expansion - Outpacing Peers
NIM Expansion - Outpacing Peers Active Focus on NIM & Upward Trend 4.20% 4.00% ~. a 3.94% es: 3.85% 3.86% 3.87% woe ee eee ee em mt LL 8.8% 3.80% a a 3.72% 3.60% 3.40% 3.20% 3.00% 2014 2015 2016 2017 2018 2019 12020 ——MVBF = @Regional Peers ‘Source: SEC figs and SNL Fnancal, Regional peers defined a
Slide 13: Consistent, Top Tier Asset Quality Through Cycles
Consistent, Top Tier Asset Quality Through Cycles Non-Performi g Loans / Total Loans 3.90% 3.21% 3.43% 3.26% 2.90% 2.47%. 2.29% 1.68% 1.65% 1.90% 1.46% nes bata 206%. 0.87% 0.93% 0.80% 0.18% esas 0.78% OE 0.77% ee ee) 0.88% 0.10% 0.54% 059% 054% 037% 042% 2008 2008 2010 2011 2012 2013 2014 2015 2016
Slide 14: Strategic Transactions
Strategic Transactions $16M in capital generation without impacting liquidity or future earnings, while being accretive to shareholders Approximate $6M bargain purchase gain from an FDIC-Assisted Deal for Approximate $10M gain fromthe sale of 4 Eastern Panhandle WV Branches The First State Bank, Bar
Slide 15: Mortgage Combination
Mortgage Combination = Agreement to combine with Intercoastal Mortgage Company = MVB will recognize ownership in the new company as a fair value equity investment and will no longer consolidate Mortgage’s financial results = Allows MVB to benefit from mortgage profits, while simplifying financials t
Slide 16: Chartwell Compliance
Chartwell Compliance CHARTWELLA= FINANCIAL REGULATORY COMPLIANCE & RISK MANAGEMENT * Over 150 fintech companies served, ranging from the unicorns to “The deal makes sense to us for a number of reasons. First, and most the Fortune 50 simply, with regulation and compliance naturally at the forefront o
Slide 17: Questions & Answers
Slide 18: Contact Us
Contact Us © ¢” MVB Financial Corp. _> 301 Virginia Avenue Fairmont, WV 26554 (304) 363-4800 Investor Relations Marcie Lipscomb MVB Financial Corp. (304) 594-3533