Banc Of California, Inc. · NYSE:BANC
Banc Of California — D.A. Davidson 17th Annual Financial Institutions Conference 2015
16 slides from Banc Of California's conference presentation, May 11, 2015
Slide 1: Investor Presentation – D.A. Davidson Financial Institutions Conference
Investor Presentation D.A. Davidson 17* Annual Financial Institutions Conference May 12, 2015 BANC OF CALIFORNIA
Slide 2: Forward-looking Statements
Forward-looking Statements When used in this presentation and indocumentsfiled with or furnished to the Securities and Exchange Commission (the “SEC"), or other public shareholder communications, or inoralstatements made withthe approval of an authorized executive officer, the words or phrases “beli
Slide 3: Company Overview
Company Overview Largest bank based in Orange County, CA Common Stock: BANC (NYSE) Preferred Stock: BANC PRC / PRD (NYSE) Senior Debt: BOCA (NYSE) + Franchise . E $6+ billion in assets « Es $5+ billionin annual loan originations ie 100+ banking locations"), including 38 ee. branches in Los Angeles,
Slide 4: Building California's Bank
Building California’s Bank Banc of California has been successful in growing its asset base both organically as well as through opportunistic acquisitions since its recap in November 2010 Gateway Bancorp and Beach Business Bank, 2012 The Private Bank of California, CS Financial, and The Palisades Gr
Slide 5: Bank Platform
Bank Platform @) BANC OF CALIFORNIA Banc of California is committed to building the top full-service bank serving California’s diverse private businesses, entrepreneurs, and homeowners,
Slide 6: 2015 First Quarter Accomplishments
2015 First Quarter Accomplishments Revenues Balance Sheet Net income available to common shareholders of $11.7 million, or $0.29 per diluted share Return on average assets of 0.9% and return on average tangible common equity of 13.5% Total revenue of $98.0 million for the first quarter, up 12% quart
Slide 7: Net Interest Income and Net Interest Margin
Net Interest Income and Net Interest Margin Net Interest Income (S$ in millions) Net Interest Margin Net interest income benefited from full quarter impact Consolidated net interest margin expanded due to of Popular acqui deposit repricing 102014 202014 302014 402014 102015 102014 202014 302014 4020
Slide 8: Noninterest Income and Expenses
Noninterest Income and Expenses Noninterest Income Noninterest Expense (Sin millions) (Sin millions) $44.1 $46.0 $78.2 75.9 $40.9 : 102014 202014 3Q2014 492014 10.2015 102014 22014 302014 492014 192015 1 <i m Mortgage Banking Gain on Sale of Loans Base mVolume-Related” = Acquisition/Non-core Advisor
Slide 9: Loan Portfolio
Loan Portfolio Total Loans (HFS / HF) Loan Mix (Sin millions) (8/31/15 period end balance) $3,698 $3,397 $123 $1,000 $567 $5.2 billion $455 Average Loan Yield: 4.59% 102014 202014 302014 402014 102015 Average 5.12% 4.75% 4.62% 4.60% 4.59% Loan Yield: m Business ll CRE & Construction mi Multifamily m
Slide 10: Deposit Portfolio
Deposit Portfolio Total Deposits Deposit Mix (Sin billions) (3/31/15 period end balance) $4.7 $3.6 3.3 $3.1 : $2.9 Savings 18% $4.9 billion $0.41 Cost of Deposits: 0.54% 10.2014 202014 30.2014 492014 10.2015 Cost of Deposits: 0.77% 0.74% 0.70% 0.60% 0.54% MNoninterest-bearing Deposits mlinterest-bea
Slide 11: Capital Position
Capital Position 1Q 2Q 3Q 4Q 1Q Pro Regulatory Well- 2014 2014 2014 2014 2015 Forma? Capitalized Ratio Banc of California, Inc. Tangible Equity to Tangible Assets (TE/TA) 7.1% 9.1% 9.0% 7.5% 7.6% 9.0% Tier 1 Leverage Ratio 7.6% 9.9% 9.3% 8.6% 8.0% 9.9% Tier 1 Risk-based Capital Ratio 10.9% 14.1% 14.
Slide 12: Financial Performance Targets
Financial Performance Targets Net Interest Margin? Efficiency Ratio 20.2008; 202014 30.2014 "102014 402015: 1.2014 202014 302014 4Q2014 102015 ROAA ROATCE
Slide 13: A Top California Bank at an Attractive Entry Point
A Top California Bank at an Attractive Entry Point BANC is the 8th largest public independent California bank Proven ability to attract and grow low cost retail deposits Proven ability to build a scalable and diverse commercial lending platform Proven M&A capabilities Compelling economic model with
Slide 14: Appendix
Appendix
Slide 15: Income Statement
Income Statement ($ in millions except per share data) 1Q 2015 4Q.2014 1Q 2014 Net Interest Income $52.0 $46.3 $35.2 Noninterest Income 46.0 40.9 25.3 Total Revenue 98.0 87.2 60.5 Expenses (75.9) (78.2) (57.6) Pre-Tax, Pre-Provision Income 22.1 Provision 0.0 Pre-Tax Income 22.1 Tax Benefit (Expense)
Slide 16: Business Segments
Business Segments ($ in millions) Pre-Tax Income 1Q2015 4Q2014 B/W Banking $15.9 $3.1 $12.8 Mortgage Banking 9.6 3.2 6.4 Financial Advisory / Asset 06 39 co Management Corporate / Other (4.1) (5.5) 14 Consolidated $22.1 $4.8 $17.3 Banking segment represented: Over 70% of consolidated pre-tax profita
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