Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Q1 2018 Earnings Presentation
13 slides from Byline Bancorp's earnings presentation, Apr 27, 2018
Slide 1: Q1 2018 Financial Results
Q1 2018 Financial Results Exhibit 99.1
Slide 2: Forward Looking Statements
Forward Looking Statements This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the antici
Slide 3: First Quarter 2018 Highlights
First Quarter 2018 Highlights Earnings Credit Quality Revenue Trends Balance Sheet and Production Branch Consolidation Net income of $6.8 million, or $0.22 per diluted share Provision expense elevated due to a single commercial relationship Merger-related expense of $123,000 Pre-tax pre-provision RO
Slide 4: Diversified Loan and Lease Portfolio
Diversified Loan and Lease Portfolio Loan & Lease Portfolio March 31, 2017 March 31, 2018 ($ in millions) Originated and Acquired Loan & Lease Portfolio Total loans and leases were $2.3 billion at 1Q18, an increase of $2.9 million from end of prior quarter Originated portfolio increased by $45.3 mil
Slide 5: Stable Core Deposit Base
Total deposits increased $81.2 million, largely driven by money market and time deposits Increase in time deposits primarily due to successful promotional campaigns Core deposit mix remained high at 85.3% Overall total deposit costs increased by 6 bps to 41 bps Stable Core Deposit Base Average Non-I
Slide 6: Expanding Net Interest Margin
Expanding Net Interest Margin Net interest income increased $1.5 million to $33.7 million, due to higher average loan balances and higher average loan yields Net interest margin improved 19 basis points linked quarter to 4.45% Net interest margin, excluding accretion income1, increased 18 bps to 4.1
Slide 7: Total Non-Interest Income
Total Non-Interest Income Non-Interest Income Non-interest income of $11.4 million for the quarter Non-interest income decreased by 9.6% from 4Q17 primarily due to lower gains on sales of loans driven by lower volume of loans sold ($ in millions) Total SBC Closed Loan Commitments Net Gains on Sales
Slide 8: Disciplined Expense Management
Disciplined Expense Management 1Q18 non-interest expense included $123,000 in merger-related expenses related to First Evanston acquisition, compared to $1.3 million in 4Q17 Salaries and benefits expense increased $1.2 million from prior quarter primarily due to a seasonal increase in payroll tax ex
Slide 9: Asset Quality
Asset Quality NPLs increased to 1.08% at 1Q18 Primarily due to one commercial relationship and inflow from our government guaranteed portfolio $6.9 million of NPLs represent government guaranteed portion of loans as of 1Q18 NCOs were $4.2 million or 75 bps; primarily driven by one commercial relatio
Slide 10: Appendix
Appendix @ Byline Bancorp, Inc:
Slide 11: First Quarter Financial Summary
First Quarter Financial Summary ($ in millions, except per share data) Represents a non-GAAP financial measure. See “Non-GAAP Reconciliation” in the appendix. (1) (1) (1) (1)
Slide 12: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($ in 000s, except share and per share data)
Slide 13: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($ in 000s, except share and per share data)