Independent Bank Corporation · NASDAQ:IBCP
Independent Bank — Merger or Acquisition (December 2017)
15 slides from Independent Bank's merger presentation, Dec 7, 2017
Slide 1: Filed by Independent Bank Corporation under Rule 425
Filed by Independent Bank CorporationCommission File Number: 0-7818Pursuant to Rule 425 under the Securities Act of 1933Subject Company: TCSB Bancorp, Inc.
Slide 2: Additional Information about the Transaction
Additional Information about the Transaction 2 Independent Bank Corporation (IBCP) intends to file a registration statement on Form S-4 with the Securities and Exchange Commission (SEC), which will include a prospectus relating to the IBCP shares to be issued in the transaction, a proxy statement fo
Slide 3: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements 3 This presentation may contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements about our expectations, beliefs, plans, strategies, predictions, forecasts, objectives or
Slide 4: Agenda
Agenda 4 Welcome and IntroductionsIndependent Bank – Mission, Vision and ValuesCommunity InvolvementThe Independent Bank BrandKey Lines of BusinessWhy IBCP and TCSB?Integration PlanExpected Merger TimelineHuman Resources Matters
Slide 5: Welcome! Independent Bank Employees Attending the Meeting
Welcome! 5 Independent Bank Employees Attending the MeetingBrad Kessel, President and CEORob Shuster, EVP Chief Financial OfficerJim Mack, EVP Commercial BankingStefanie Kimball, EVP Chief Risk OfficerDave Reglin, EVP Retail BankingRuss Daniel, EVP Operations and Digital BankingPat Ervin, EVP Mortga
Slide 6: Our Mission, Vision and Values
Our Mission, Vision and Values 6 Mission – Working together to make a positive difference in the lives of our customers, associates, shareholders, and the communities we serve.Vision – To be the best and therefore most admired and trusted community bank in the Midwest. To be known for our exceptiona
Slide 7: Mission, Vision and Values – Our Associates Tell the Story (Video)
Mission, Vision and Values – Our Associates Tell the Story (Video)! 7
Slide 8: Community Involvement and Corporate Citizenship (Video)
Community Involvement and Corporate Citizenship (Video) 8
Slide 9: What is the Independent Brand?
What is the Independent Brand? 9 Exceptional ServiceCommunity FocusTrusted partnersHigh Performance CultureEasy to do business withCompetitively priced with real value We aim to impress every customer every day, every time.We are active members of and serving our community through lending, investing
Slide 10: What are our Key Lines of Business?
What are our Key Lines of Business? 10 Commercial Banking – Providing a full suite of commercial banking services to businesses with revenues up to $100 million in sales. (Sweet spot is $1 million to $5 million in financing.)Smaller credits through sales force referrals (less than $500K serviced thr
Slide 11: Understanding our Customers (Video)
Understanding our Customers (Video) 11
Slide 12: Why IBCP and TCSB?
Why IBCP and TCSB? 12 Great strategic fitSimilar community bank business modelsHigh performance culturesFocus on exceptional customer serviceHighly value employeesCommunity service emphasis Proforma: $3.1 billion in total assets; $2.3 billion in loans; and $2.7 billion in deposits.Earnings expansion
Slide 13: IBCP/TCSB Integration Plan
IBCP/TCSB Integration Plan 13 IBCP team has significant experience with the merger integration process (on both the buy and sell side)IBCP core processor (FIS) has extensive conversion experienceWill strive to minimize the timeframe between closing and data processing conversionWill produce high qua
Slide 14: IBCP/TCSB Estimated Timeline
IBCP/TCSB Estimated Timeline 14 12/4/17 – Agreement and Plan of Merger between IBCP and TCSB signed and publicly announced. Internal TCSB employee meeting held.12/5/17 – IBCP_TCSB Investor Conference Call held.12/7/17 – IBCP senior management meeting with TCSB employees.December 2017 – Target for Se
Slide 15: Closing Question and Answer Session
Closing 15 Question and Answer SessionThank you for attending!
Independent Bank — Merger or Acquisition (December 2017) on 6ix