Truxton Corp · OTC:TRUX

Truxton — Shareholder Meeting (May 2025)

14 slides from Truxton's shareholder meeting presentation, May 21, 2025

  1. Slide 1: Annual Meeting of Shareholders

    Annual Meeting of Shareholders Thomas S. Stumb Chairman & Chief Executive Officer Austin S. Branstetter EVP, Chief Financial Officer May 21, 2025

  2. Slide 2: Since inception, our shareholders have been rewarded by differentiated success

    Since inception, our shareholders have been rewarded by differentiated success 18% 16% $18.02 14% Net Income EPS Cum. dividends Revenue CAGR CAGR paid per share CAGR since 2005 since 2005 ($51 MM total) since 2005 CAGRs through 12/31/2024, dividends through 3/31/2025 2

  3. Slide 3: Truxton returns have been exceptional

    Truxton returns have been exceptional Annualized Total Return through 2024 3-year 5-year 10-year TRUX Truxton 4.2% 13.2% 16.0% KBWR Regional Bank ETF 1.2% 5.0% 6.6% IYG Financial Services ETF 8.2% 10.8% 11.5% SML S&P 600 Small Cap 1.7% 8.2% 8.9% SPX S&P 500 8.7% 14.4% 13.0% TFC Truist (4.7%) (0.6%)

  4. Slide 4: Results enhanced by holistic focus on the UHNW market

    Results enhanced by holistic focus on the UHNW market  Intentional focus on higher New Banking Client revenue opportunity clients Generational Wealth Transfer  Balanced approach to our revenue mix Trust, Estate Personal & Legacy Banking Planning  Not just banking, not just investment management T

  5. Slide 5: 2024 Financial Highlights

    2024 Financial Highlights Revenue (000's) Fully Diluted EPS Assets $1,003,781 $49,000 $6.40 $1,010,000 $48,089 $6.34 $48,000 $1,000,000 $6.30 $47,000 $990,000 $46,000 +11% $6.20 +5% $980,000 +5% $45,000 $6.10 $970,000 $44,000 $43,257 $6.02 $960,000 $955,270 $43,000 $6.00 $950,000 $42,000 $5.90 $940,

  6. Slide 6: 2024 Financial Highlights

    2024 Financial Highlights ($000s) Income Summary YE 2024 YE 2023 % Change Non-Interest Income $22,119 $18,256 21.2% Net Interest Income $26,186 $24,746 5.8% Provision for Loan Losses $217 $296 -26.7% Non-Interest Expense $25,121 $21,053 19.3% Earnings Before Taxes $22,967 $21,653 6.1% Income Tax Exp

  7. Slide 7: Success is Continuing in 2025

    Success is Continuing in 2025 ($000s) Income Summary 1Q 2025 1Q 2024 % Change Non-Interest Income $6,377 $5,164 23.5% Net Interest Income $7,250 $6,144 18.0% Provision for Credit Losses $390 ($6) NR Non-Interest Expense $6,983 $5,877 18.8% Earnings Before Taxes $6,254 $5,438 15.0% Income Tax Expense

  8. Slide 8: Safe and Reliable Credit Quality

    Safe and Reliable Credit Quality  30 days+ past due loans: <$6k, two down-payment-assistance loans  Non-performing assets (NPAs): $0k  No other real estate owned (OREO) Allowance vs. NPAs ($000s) Reserves / Loans $7,500 0.98% $7,000 $6,500 $6,000 0.97% $5,500 $5,000 $4,500 0.96% $4,000 $3,500 $3,

  9. Slide 9: Diversified Loan Portfolio, Conservatively Underwritten

    Diversified Loan Portfolio, Conservatively Underwritten Loans as of 3/31/25 (MM) Multifamily, $49.6 Owner Occupied Construction, $3.9 Home Equity Loans, $52.3 Closed-end, 1-4 family, $216.9 Commercial Loans, $85.5 Consumer Loans, $41.2 Commercial Real Estate (Owner Occ), $52.3 Commercial Real Estate

  10. Slide 10: Wealth Management Growth Continues

    Wealth Management Growth Continues Wealth Management Revenue (000s) Wealth Management Revenue (000s) $25,000,000 5,400 20,597 5,300 $20,000,000 17,657 5,200 16,377 15,102 $15,000,000 5,100 11,649 9,84310,746 5,000 $10,000,000 9,108 7,646 4,900 7,204 5,338 $5,000,000 4,800 4,700 $0 2015 2016 2017 201

  11. Slide 11: TRUX Financial Returns – Annual Trends

    TRUX Financial Returns – Annual Trends Key Ratios 2021 2022 2023 2024 Efficiency Ratio 50.63% 49.47% 48.96% 51.21% Net Interest Margin 2.62% 2.83% 2.67% 2.71% ROAA 1.79% 1.85% 1.86% 1.83% ROAE 18.26% 22.37% 22.31% 19.81% Tier 1 Leverage Ratio (Q4 Bank) 8.95% 9.78% 10.53% 10.86% Tangible Equity / Tan

  12. Slide 12: TRUX Financial Returns – Quarterly Trends

    TRUX Financial Returns – Quarterly Trends Key Ratios Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Efficiency Ratio 51.55% 52.72% 52.72% 48.45% 51.24% Net Interest Margin 2.62% 2.75% 2.69% 2.79% 2.90% ROAA 1.80% 1.82% 1.77% 1.94% 1.89% ROAE 19.49% 19.97% 19.29% 20.47% 20.50% Tier 1 Leverage Ratio (Bank) 1

  13. Slide 13: Mission

    Mission To do the right thing every day, putting our clients’ interests first, with distinctive, comprehensive financial solutions that protect and promote client prosperity and quality of life. 13

  14. Slide 14: TRUXTON

    ih TRUXTON EALTH +s FAMILY OFFICE + BANKING

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