New Peoples Bankshares, Inc. · OTC:NWPP
New Peoples Bankshares — Shareholder Meeting (May 2019)
26 slides from New Peoples Bankshares's shareholder meeting presentation, May 22, 2019
Slide 1: 2019 Annual Shareholders' Meeting
2019 Annual Shareholders’ Meeting
Slide 2: Introduction of Directors
INTRODUCTION OF DIRECTORS • Harold Lynn Keene, Chairman • Charles H. Gent, Jr., Vice - Chairman • C. Todd Asbury • Tim W. Ball • Gina Preservati - Boggess * • J. Robert Buchanan • Joe M. Carter • John D. Cox • Eugene S. Hearl • Michael G. McGlothlin • Fred W. Meade • B. Scott White 2
Slide 3: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward - Looking Statements This presentation includes forward - looking statements . These forward - looking statements are based on current expectations that involve risks, uncertainties, and assumptions . Should one or more of these risks or uncertainties materiali
Slide 4: Celebrating Years of Service
Celebrating 20 Years of Service
Slide 5: Values
Values Integrity Trust Commitment Confidentiality Respect Innovation
Slide 6: Vision
Vision New Peoples Bank is the financial institution of choice in the Central Appalachia communities we serve, providing innovative solutions and personalized service in a manner that improves the lives of our customers, employees and investors.
Slide 7: Mission
Mission New Peoples Bank provides high - quality, state - of - the - art, golden - rule banking services to our communities while generating a reasonable return to our stockholders and providing a challenging and rewarding work environment for our family of employees.
Slide 8: Short Term Strategic Focus
SHORT TERM Strategic Focus Increase earnings ‘Maximize efficiencies ‘Maintain capital levels Enhance customers’ experience Recruit, develop, reward, and support high- performing people Differentiate through superior service, technology, relevant products, community presence Grow the balance sheet co
Slide 9: Strategic Focus
Strategic Focus ▪ Enhance shareholder liquidity ▪ Issue a cash dividend ▪ Grow in targeted markets and segments ▪ Grow loan portfolio and deposits ▪ Equip our people for high performance
Slide 10: Process
Process
Slide 11: Nonperforming Assets
Nonperforming Assets (In thousands) December 31, 2010 through December 31, 2018 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total NPAs $59,820 $58,912 $47,956 $44,161 $36,910 $27,245 $24,060 $14,423 $12,306 OREO $12,346 $15,092 $13,869 $15,853 $15,049 $12,398 $10,655 $6,859 $5,937 Nonaccrual Loans
Slide 12: Strategic Balance Sheet Trend
Strategic Balance Sheet Trend (In Millions) December 31, 2010 - 2018 2010 2011 2012 2013 2014 2015 2016 2017 2018 Total Assets $852.6 $780.4 $719.0 $684.7 $651.1 $625.9 $634.3 $666.7 $682.1 Total Loans $707.8 $597.8 $522.4 $493.0 $457.5 $441.2 $468.6 $513.0 $547.1 Total Deposits $766.1 $708.3 $652.9
Slide 13: Capital Ratio Trend – Actual Tier Leverage Ratio
Capital Ratio Trend – Actual Tier 1 Leverage Ratio (Bank Only) December 31, 2010 through 2018 2010 2011 2012 2013 2014 2015 2016 2017 2018 Leverage Ratio 6.00% 5.99% 7.08% 7.49% 8.19% 9.67% 9.93% 9.56% 9.59% Short Term Goal 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 9.00% 9.00% 9.00% Long Term Goal 9.00% 9
Slide 14: Retained Deficit Trend
Retained Deficit Trend (In thousands) December 31, 2010 through March 31, 2019 2010 2011 2012 2013 2014 2015 2016 2017 2018 Q1 2019 Retained Deficit (4,175) (13,084) (19,408) (17,924) (17,685) (15,022) (14,065) (10,847) (9,928) (9,521) -$20,000 -$15,000 -$10,000 -$5,000 $0 $5,000 $10,000 $15,000 $20
Slide 15: Stock Price & Book Value Trend
Stock Price & Book Value Trend December 31, 2013 - May 20, 2019 2013 2014 2015 2016 2017 2018 5/20/2019 Stock Price $1.00 $1.26 $1.51 $1.75 $2.00 $2.00 $1.55 Book Value 1.83 1.87 1.97 2.01 2.13 2.14 2.14 High 2.20 1.36 1.68 1.75 2.40 2.40 1.89 Low 1.00 1.00 1.30 1.36 1.60 1.40 1.50 $0.00 $0.25 $0.50
Slide 16: Where Are We In the Process?
Where Are We In the Process?
Slide 17: Golden Rule Initiatives
Golden Rule Initiatives DRIVING Project creation Project structure Project budgets Cross - functional teams Performance measures
Slide 18: Corporate 2018-2020
Corporate 2018 - 2020 1. Improve internal and external customer service 2. Optimize the branches 3. Optimize digital banking solutions 1. Build a bankwide training program 2. Expand employee benefits 3. Further develop succession plans Increase loan and deposit balances and non - interest income 1.
Slide 19: Divisions 2018
Divisions 2018 1. Implement Voice of the Customer 2. Add Private Banking services 3. Recreate Marketing, Customer Service and Community Relations 1. Design and begin implementation of the bankwide training program 2. Changed Group Health Insurance Plan 1. Change loan portfolio mix to CRE focus 2. Gr
Slide 20: 2019 The Year of Efficiency
2019 The Year of Efficiency
Slide 21: Efficiency Ratio (Bank Only)
Efficiency Ratio (Bank Only) December 31, 2010 through Q1 2019 78.01% 103.06% 96.28% 91.59% 96.37% 96.32% 97.25% 86.67% 92.95% 88.96% 68.45% 67.92% 66.85% 67.62% 66.62% 66.28% 65.63% 64.32% 63.60% 64.69% 50.00% 60.00% 70.00% 80.00% 90.00% 100.00% 110.00% 120.00% 2010 2011 2012 2013 2014 2015 2016 20
Slide 22: Divisions 2019 The Year of Efficiency
Divisions 2019 The year of efficiency 1. Voice of the Customer Ratings all in Top Quartile 2. All branches average >$30 million in core deposits 1. Implement new payroll system 2. Develop management trainee program 3. Develop staff and promote within as much as possible 1. Increase Non Interest Inco
Slide 23: 2019 Bank Key Metrics
2019 Bank Key Metrics Year - End Goal 2019 Earnings Ratios Efficiency Ratio < 85.00% Net Interest Margin >4.00% Non - interest Income to Average Assets 1.25% or > Return on Average Assets > 0.50% Asset Quality Past Dues > 30 Days < 1.10% Critical Exceptions as % of Total Loans < 2.00% Texas Ratio (N
Slide 24: Where Are We In the Process?
Where Are We In the Process?
Slide 25: Thank You! But We Are Headed to Greater Things…
25 Thank You! But We Are Headed to Greater things…
Slide 26: Helping Make Dreams Come True
26 Helping Make Dreams Come True Buy or Sell Stock Contact Information FIG Partners, LLC 1654 Pearl Street Jacksonville, Florida 32206 Office: 904 - 354 - 0441
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