Alpine Banks Colorado · OTC:ALPIB
Alpine Banks Colorado — Alpine Banks of Colorado — Investor Presentation (2024)
20 slides from Alpine Banks Colorado's investor presentation, Apr 15, 2024
Slide 1: For Year Ended December 31, 2023
For Year Ended December 31, 2023
Slide 2: Forward Looking Statements
Forward Looking Statements • This presentation contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “ex
Slide 3: Vision, Mission and Values
Vision, Mission and Values Vision “Alpine Bank will be the preferred financial services provider for individuals and businesses in the communities we serve in Colorado.” Mission “To help our customers, employees, shareholders and community members achieve their dreams.” Values Independence Integrity
Slide 4: 2023 Summary data
2023 Summary data • Net Income of $57.04 million • ROA of 0.87% • ROE of 13.14% • Efficiency Ratio of 69.94% • Total assets of $6.42 billion • Total loans of $4.06 billion • Total deposits of $5.70 billion Source: Information as of December 31 for the year indicated 4
Slide 5: Net Income 5 Year Growth
Net Income 5 Year Growth ($000) Source: Internal Company Reports Information as of December 31 for the year indicated 5
Slide 6: Capital Ratios
Capital Ratios • Capital levels in excess of regulatory minimums • Increase in capital levels with slower asset growth since COVID bump • 2020 increase in Total Risk Based Capital related to subordinated debt issuance Information as of December 31 for the year indicated Source: Bank holding company
Slide 7: 10 Year Growth Rates
10 Year Growth Rates Source: Internal Company Reports ($000) Information as of December 31 for the year indicated 7
Slide 8: Diversified Loan Portfolio
Diversified Loan Portfolio Yield on Loans and Leases (TE) 6.00% 5.53% 5.54% 5.50% 5.32% Nonfarm 5.00% 4.79% 4.64% 4.71% nonresidential 30% 4.50% 1 - 4 Family 40% 4.00% 2018 2019 2020 2021 2022 2023 Alpine Banks of Colorado Peer Loans Held for • 40% of loans are 1 to 4 Resale 5% Farmland Family 1% Mu
Slide 9: Loan Portfolio Segmentation
Loan Portfolio Segmentation COMMERCIAL REAL ESTATE Other Hotel/Motel Health Care 1 - 4 FAMILY REAL ESTATE Industrial Warehouse Other Home Equity Retail Loan Office CONSTRUCTION AND LAND In House Home Equity Mortgage DEVELOPMENT Line Product Land End User Land Development Loans Fractional Speculative
Slide 10: Core Deposit Base
Core Deposit Base Other Certificates of Deposit Cost of Interest-Bearing Deposits 3% Brokered CD's 9% 2.50% 1.76% 2.00% 1.50% 1.00% Certificates of 0.50% 0.10% 0.15% 0.09% 0.04% 0.09% Deosit >= Non-Interest Bearing $100,000 Checking 0.00% 8% 31% 2018 2019 2020 2021 2022 2023 Alpine Banks of Colorado
Slide 11: Deposit Market Share Update
Deposit Market Share Update 11
Slide 12: Colorado Deposit Market Share
Colorado Deposit Market Share Statewide (as of June 30, 2023) 12
Slide 13: De Novo Market Expansion
De Novo Market Expansion • Entered the Front Range market in 2014 with our Union Station Branch • We now have 6 locations in Front Range of Colorado • Colorado Springs and Fort Collins branches opened in the 4th Quarter 2022 • Proactively adding to the lending staff within our current footprint • Br
Slide 14: Alpine Banks of Colorado Stock Information
Alpine Banks of Colorado Stock Information as of 12/31/23 • Class B Non-Voting Common Stock – Traded on OTCQX® Best Market – Ticker: ALPIB – 8,333,983 shares outstanding – 150 for 1 stock split occurred 12/1/20 – Dividends set at 1/150th of dividends on Class A Voting Common Stock – 1,192,983 shares
Slide 15: Trading Volume
Trading Volume *Information as of month end for the month indicated *All share and per share amounts reflect the Company’s 150-for-1 Class B stock split on December 1, 2020 15
Slide 16: Alpine Bank Constants
EE eEOEOE Alpine Bank Constants WHY WE * Increase Shareholder Value EXIST + Serve Community and Create Opportunities for our Customers and Employees HOW WE + We give a damn + We work collaboratively BEHAVE + We act with integrity + We work entrepreneurially WHAT WE DO + We provide tailored, flexible
Slide 17: Alpine Bank Independence
EY Alpine Bank jNDEPENDENCE PINE BANK EMPLOYEE-OWNED HIGH FINANGIA COLORADO COMPANY PERFOR BA Local decision 75th percentile of making peer bank ROA (1.40%) C ‘ont Manage growth to $11B bank and employee success Maintain strong asset quality 7% salary contribution plus Steady loan to deposit ratio R
Slide 18: Retiring Alpine Bank Directors
Retiring Alpine Bank Directors Thanks for many years of service and guidance 18
Slide 19: Remembering Rodney Slifer
Remembering Rodney Slifer “A calm, thoughtful and approachable leader” “Living proof that nice guys can do just fine” 19
Slide 20: Thanks for 50 years of support
Thanks for 50 years of support, we look forward to the next 50! - Bob Young & The Alpine Bank Team 20
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