Solera National Bancorp, Inc. · OTC:SLRK
Solera National Bancorp — Shareholder Meeting (June 2011)
23 slides from Solera National Bancorp's shareholder meeting presentation, Jun 16, 2011
Slide 1: Solera National Bancorp, Inc. 2011 Annual Meeting
Solera National Bancorp, Inc. 2011 Annual Meeting
Slide 2: Safe Harbor Statement
This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements contained in this release, which are not historical facts and that relate to future plans or projected results of Solera National Bancorp, Inc. (“Company”)
Slide 3: Mission and Vision
Mission and Vision Mission Solera National Bank is committed to providing exceptional value and service to our customers, shareholders, employees and the communities we serve. We are dedicated to delivering high-quality financial products and services that meet the unique needs of small to medium-si
Slide 4: Core Values
Core Values Best Employees — To attract and retain educated, motivated and qualified people who are excited to come to work and fully embrace the mission and vision of Solera National Bank. Satisfied Customers — We achieve satisfaction for our customers and earn their loyalty by adding value to each
Slide 5: 2010 Highlights
2010 Highlights First full year of profitability. Loans grew 16.6% outperforming the majority of Colorado banks. Increased share of deposit market from 5.8% to 8.6%. Capital ratios well exceed regulatory requirements. Strong liquidity to fund future loan growth. 5% decrease in salaries and benefits
Slide 6: First Quarter 2011 Highlights
Page 6 First Quarter 2011 Highlights Net loss of $183,000 in 1Q 2011, or ($0.07) per share. Net interest income increased 11% versus prior year. Net interest margin increased 22 basis points year-over-year to 3.25%. Loan portfolio grew 3% to $58.2 million at March 31, 2011 compared to $56.3 million
Slide 7: Financial Highlights: Key Growth Drivers
Financial Highlights Page 7 ($ in millions) 2010 2009 2008 2007 Total Assets 140.1 $ 132.8 $ 67.7 $ 26.4 $ Gross Loans 58.9 $ 50.5 $ 21.4 $ 3.8 $ Customer Deposits 111.0 $ 104.4 $ 37.7 $ 5.0 $ Key Growth Drivers
Slide 8: Financial Highlights: Key Profit and Loss Indicators
Financial Highlights Page 8 ($ in millions, except per share data) 2010 2009 2008 2007 Net Interest Income 4.2 $ 2.9 $ 1.5 $ 0.3 $ Net Income (Loss) 0.1 $ (1.3) $ (2.2) $ (2.4) $ Earnings (Loss) per Share 0.05 $ (0.50) $ (0.87) $ (1.07) $ Key Profit and Loss Indicators
Slide 9: Financial Highlights: Capital Strength as of December 31, 2010
Financial Highlights Page 9 Solera Well Adequately Under National Bank Capitalized Capitalized Capitalized Tier 1 Leverage Ratio 11.2% 5.0% 4.0% 3.0% Tier 1 Risk-Based Capital Ratio 17.4% 6.0% 4.0% 4.0% Total Risk-Based Capital Ratio 18.7% 10.0% 8.0% 8.0% Capital Strength as of December 31, 2010
Slide 10: Loan Portfolio Mix
Page 10 Loan Portfolio Mix As of March 31, 2011 Commercial RE 33% Construction / Land Development 3% Consumer 0% Residential RE 14% Lease Financing 2% Commercial RE (owner-occupied) 34% Commercial and Industrial 14%
Slide 11: Deposit Portfolio Mix
Page 11 Deposit Portfolio Mix As of March 31, 2011 Noninterest-bearing demand 2% Interest-bearing demand 10% Money market accounts 10% Savings accounts 46% Time deposits 32%
Slide 12: Our Served Market
Our Served Market Denver, Colorado metropolitan area (6 counties known as the “Front Range”) Demographic Data: Population – 2.5 million Hispanic Population – approx. 24% Businesses – approx. 97,000 Workforce – 1.2 million Marketwatch 6th best location for business of 50 largest metro areas. Highly d
Slide 13: 3-Mile Radius from Solera
3-Mile Radius from Solera Page 13 7,250 Businesses 97,000 Employees 52% Hispanic Households 198,000 Residents 140,000 vehicles per day at branch intersection
Slide 14: 3-Mile Radius from Solera: Deposit Market Share
Page 14 3-Mile Radius from Solera Zip Codes* 80204, 80214, 80219, 80223, 80226, 80232 2009 2008 Institution Name $ of Deposits Market Share Market Share Market Share FIRSTBANK OF LAKEWOOD 339,460 25.24% 26.66% 24.92% WELLS FARGO BANK NA 227,003 16.88% 11.83% 12.76% WACHOVIA BANK NATIONAL ASSN - - 9.
Slide 15: First Quarter 2011 Highlights: Peer Percentile Rankings
Page 15 First Quarter 2011 Highlights Data Source: Independent Firm of Banker’s Caddy Bank Name Actual Percentile Bank Name Actual Percentile Verus Bank Of Commerce 84.55 100% Verus Bank Of Commerce 134.20 100% Home Loan State Bank 11.95 98% 5star Bank 5.58 98% Cobiz Bank 7.33 97% Fort Morgan State
Slide 16: Peer Group Comparison
Page 16 Peer Group Comparison Nonperforming Assets to Tier 1 + ALLL Data Source: Independent Firm of Banker’s Caddy 0.00 20.00 40.00 60.00 80.00 100.00 2q06 3q06 4q06 1q07 2q07 3q07 4q07 1q08 2q08 3q08 4q08 1q09 2q09 3q09 4q09 1q10 2q10 3q10 4q10 1q11 Solera National Bank Upper Quartile Median Lower
Slide 17: Stock Price Change: Solera vs. SNL Index
Page 17 Stock Price Change Solera vs. SNL Index of US Banks with less than $250 Million in Assets Data source: SNL Analytics
Slide 18: Executing on Plan
Page 18 Executing on Plan Our strong balance sheet, general conservatism and constant focus on risk management has served us well. We have continuously invested in systems, infrastructure, people and products Platform for growth in place Prudent risk management policies and procedures Rising net int
Slide 19: Committed to the Fundamental Tenets of Banking
Page 19 Committed to the Fundamental Tenets of Banking Solera is benefiting from an increasing number of customers who embrace the “Back to Basics of Banking.” We have gained many new customers who seek the personalized services and localized decision making that a community bank like ours consisten
Slide 20: Community Support
Page 20 COMMUNITY SUPPORT Extensive support for community based organizations President’s Community Advisory Council Sponsoring financial literacy Banking expertise for non-profits Promoting volunteerism Building reputation Generating community goodwill
Slide 21: Market Opportunities, Expansion Potential
Page 21 Market Opportunities, Expansion Potential
Slide 22: Key Strengths: Investment Highlights
Page 22 Key Strengths: Investment Highlights Growth in assets, deposits and loans demonstrate market opportunity and our ability to effectively win customers. Well-capitalized status is key. Experienced senior management and an active, highly visible Board of Directors and President’s Community Advi
Slide 23: The Light of a New Banking Era: Thank you
Page 23 The Light of a New Banking Era® Thank you for your time and interest!
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