Chemung Financial Corp · NASDAQ:CHMG
Chemung Financial — Shareholder Meeting (May 2016)
48 slides from Chemung Financial's shareholder meeting presentation, May 13, 2016
Slide 1: Annual Shareholders Meeting
Slide 2: Board of Directors
Board of Directors Ronald M Bentley David J. Dalrymple Lay H. Becker
Slide 3: Board of Directors
Board of Directors Bruce W. Boyea "Robert H. Dalrymple Clover M. Drinkwater
Slide 4: Board of Directors
Board of Directors \ % William D. Eggers Stephen M. Lounsberry III John F. Potter Eugene M. Sneeringer Jr.
Slide 5: Board of Directors
Board of Directors qy ky Richard W. Swan G. Thomas Tranter Jr. Kevin B. Tully Thomas R. Tyrrell ‘H \ y y
Slide 6: Executive Management
Executive Management
Slide 7: Executive Management
Executive Management Anders Tomson, President & COO
Slide 8: Executive Management
Executive Management a Pam Burns Mike Crimmins Lou DiFabio Human Resources Support Services Business Client Services
Slide 9: Executive Management
Executive Management Brendan McCormick Chief Auditor
Slide 10: Executive Management
Executive Management Kathy McKillip Mike Wayne Assistant Treasurer, Senior Vice President, Exect me ind esident, Corporate Secretary Director of Marketing Wealth anegsment Group
Slide 11: Slide 11
Slide 12: The Last Decade
The Last Decade 2006-2016
Slide 13: Historical Yield Curves
4.50% 4.00% 3.50% 2.00% 1.00% month 3 manth 6 month year Historical Yield Curves 2year year 2015 —2010 S year 7 year to year 2oyear 30 year
Slide 14: Historical Net Interest Margin
Historical Net Interest Margin All Banks mCCTC
Slide 15: U.S. Commercial Banks
U.S. Commercial Banks FDIC Insured Commercial Banks 2014 syueg Je]919UIIOD 23875 Y40, MON
Slide 16: Slide 16
Slide 17: Total Return (%)
Total Return (%) SNLUS. Bank S18558 — cine 287%) eo = ae SNL Mic-Ationtio U.S. a SNL New England U.S. ‘Bank (-19.86%) ™ Bank (+27.18%) 20032010 zon 2012 2132s 05 2016 2007 2008
Slide 18: 2015 Financial Results
2015 Financial Results NET INCOME: $9.4 million EPS: $2.00
Slide 19: Tangible Book Value
Tangible Book Value
Slide 20: Dividends Declared
Dividends Declared $4.8 million $1.04 per share
Slide 21: Return on Average Assets
Return on Average Assets 0.60% Return on Average Equity 6.84%
Slide 22: Loan Balances
Loan Balances Commercial Consumer/Mortgage 13.0% 6.7% $80.7 million $33.7 million
Slide 23: Non-Performing Assets
Non-Performing Assets 0.85% Credit quality remains strong.
Slide 24: Deposit Growth
Deposit Growth Demand Deposits Core Deposits 11.7% 15.5% $55.7 million $166.0 million
Slide 25: Chemung Canal Today
Chemung Canal Today | T I I Total Assets Total Loans Total D its Equi $1.6 billion $1.2 billion $1. n $137.2 million
Slide 26: Capital Ratios
Capital Ratios cHMG FDIC — Well Final FDIC — Well Final Basel Ill Ratio a/si/is Capitalized Basel III Capitalized w/ Buffer (1/4/15) (1/4/15) (1/1/19) (1/1/19) Tier | Leverage 7.83% 5.00% 4.00% 5.00% 4.00% Tier | Capital 11.01% 8.00% 6.00% 8.00% 8.50% Total Capital 12.26% 10.00% 8.00% 10.00% 10.50%
Slide 27: Wealth Management Group
Wealth Management Group $1.9 billion Under Management or Administration
Slide 28: Anders Tomson, President & COO
Anders Tomson, President & COO
Slide 29: Slide 29
Slide 30: Banking Channels Have Changed
Banking Channels Have Changed 2010 SOCIAL Ta 2005 MOBILE 2000 ONLINE = Seances rego 7990 a
Slide 31: Chemung Canal & Capital Bank Web & Mobile Users
Chemung Canal & Capital Bank Web & Mobile Users 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 o December March 2013 March 2014 March 2015 pois Mobile Users 2,440 9,768 14,341 16,918 lm Web Banking Users 23,472 38,538 34,759 32,157 Total Customers 54,215 67,231 65,665 65,022
Slide 32: Consumer channel preferences
Consumer channel preferences broken down by banking task x wy, Balance Inquiry Transfers Report problem Investments Deposits & 8 M Branch M!CallCenter MEATM Online M@ Mobile
Slide 33: Universal Banker Model
Universal Banker Model ae ee aleane retail Satine model to Kotsledgaable match market t easel — Capable of oe : aes of services to the SERVICE COUNSEL Designed to meet customers’ The ies UNIVERSAL MORE THAN EVER BEFORE Spire paced world Skills & competence HE AVERAGE COST $0.48 PER TRANSACTION ° HAS
Slide 34: MasterCard with EMV Chip
MasterCard® with EMV Chip Trust Company CAPITAL 4 y) [e]Shemung Canal qt Debit J 234 5678 9012 3456 1234 5678 9012 3456 ns
Slide 35: Future Interest Rates
Future Interest Rates
Slide 36: Capital Region Headquarters
Capital Region Headquarters
Slide 37: Clifton Park Branch Relocation
Clifton Park Branch Relocation
Slide 38: Small Business Lending
Small Business Lending Banking that Will Give Your Business a Competitive Edge } . ee Za
Slide 39: Ron Bentley, CEO
Ron Bentley, CEO
Slide 40: Long-Time Executives Retired
Long-Time Executives Retired
Slide 41: Congratulations!
Congratulations! Lou DiFabio Tom Wirth
Slide 42: Congratulations, Retirees!
Congratulations, Retirees! Debble Newcomer Susan Smith Assistant Vice President Vice President 27 years of service 43 years of service
Slide 43: Board Retirees
Board Retirees William D. Eggers Eugene M. Sneeringer Jr.
Slide 44: Welcome, Kevin Tully
Welcome, Kevin Tully Kevin Tully, CPA Teal, Becker & Chiaramonte
Slide 45: Ron Bentley, CEO
Ron Bentley, CEO
Slide 46: Slide 46
Slide 47: Thank you!
Slide 48: Questions?