Carver Bancorp Inc. · OTC:CARV
Carver Bancorp — Shareholder Meeting (September 2022)
26 slides from Carver Bancorp's shareholder meeting presentation, Sep 19, 2022
Slide 1: Growth Through Innovation – Meeting of Shareholders
SYCARVER BANCORP, INC. GROWTH THROUGH INNOVATION NG OF SHAREHOLDERS
Slide 2: Forward Looking Statements
Forward Looking Statements A¥CARVER BANCORP, INC. 5
Slide 3: Presentation Highlights
Presentation Highlights by MichaelT. Pugh, President & CEO + Carver's Mission + Investmentsin the Communities We Serve + Growth Through Innovation + Fiscal Year 2022 Highlights + Carver in the News + Questions and Answers SYCARVER BANCORP, INC.
Slide 4: Carver's Mission
Carver’s Mission SYCARVER BANCORP, INC.
Slide 5: Our Historic Mission
Our Historic Mission For Over 74 Years, Carver's mission has been to provide New Yorkers with access to capital ond compefiively priced banking solutions. As the largest Affican- and Caribbean-American managed and publicly traded Minority Depository Insftufion in the Urited States, Carver continues
Slide 6: Serving Our Customers
Ser ing Our Customers © Founded in 1948 to meet the banking needs of underserved Atican American ("AA") communities, the Bank is one of the largest pubicly-traded AA-managed banks in the United States, and the only AA-managed bank in the New York metropolitan area. © Seven fulksenice branches and 24
Slide 7: Investments in the Communities We Serve
Investments in the Communities We Serve SYCARVER BANCORP, INC.
Slide 8: Carver's Social Impact
Carver's Social Impact © Recognized as a Community Development Financial institution and awarded “outstanding” CRA Ratings for Reinvestment in the Communities we serve over the past several years © Support for Historically Black Colleges & Universities © Sponsorship and Engagement, including the dev
Slide 9: Support for Historically Black Colleges & Universities
Support for Historically Black Colleges & Universities Carver has partnered with the Society for Financial Education and Professional Development to sponsor students at three HBCUs (Howard University, Medgar Evers College, and the University of the District of Columbia) to train in financial educati
Slide 10: Sponsorship and Engagement
Sponsorship and Engagement Habitat for Humanity Carver Federal Savings Bank joined Habitat for Humanity NYC on one of their sites in Queens to celebrate their first Juneteenth build. Five volunteers from Carver parlicipated in rehabbing a single-family home that will be sold to a low- to moderate-in
Slide 11: Impactful Local Investment
Impactful Local Investment Women Entrepreneur & Professional Roundtable Carver has supported and sponsored events and roundtable discussions for small businesses throughout Greater New York City. — S¥CARVER BANCORP, INC.
Slide 12: Leading with Service
Leading with Service Madison Square Boys & Girls Club Carver participated in a food drive with Madison Square Boys & Girls Club providing approximately 431,250 pounds of food to more than 1,000 families throughout New York City to community residents impacted by the pandemic. S¥CARVER BANCORP, INC.
Slide 13: Growth Through Innovation
Growth Through Innovation SYCARVER BANCORP, INC. ry
Slide 14: Growth Through Business Initiatives
Growth Through Business Initiatives © Created new Personal and Business Credit Card © Developed partnership with Brooklyn Navy Yard focusing on business development and ATM services © Established new partnership with City College of New York to provide banking and ATM services to college students ©
Slide 15: Lending Growth
Lending Growth © Record breaking performance surpassing over $203 milion in gross loan production in FY2022 © A leader in Providing Loans to Minority and Women Business Entrepreneurs (*MWBEs") along with technical assistance through programs such as the MTA Small Business Development Program © An ac
Slide 16: Developing People and Talent
Developing People and Talent © Instituted a hybrid working schedule fo create efficiency and attract talent © Invested in the organization's compensation and benefits packages to retain and attract top talent © Created a Women in Business Recognition Program and awarded our top performers with a Car
Slide 17: Innovation Through Technology — Coming Soon
Innovation Through Technology — Coming Soon Online Banking Growth © Expanding ondine account capabilities that further solidifies Carver's geographic reach in the Northeast marketplace with a focus on the acquisifion ofnew customers Efficiency and Customer Experience © Enhancing the customer experie
Slide 18: Fiscal Year 2022 Highlights
Fiscal Year 2022 Highlights SYCARVER BANCORP, INC.
Slide 19: Franchise Growth
Franchise Growth ($ in millions} Total Assets Loan Production Increase in Deposits aarwaes xen 10.40% — * srs <b a wm we S ae — | | I ois 2020 2021 2022 2019 2020 2021 2022 2019 2020 2021 2022 SYCARVER BANCORP, INC.
Slide 20: Performance: Improving Trends
Performance: Improving Trends Net Loss ($in thousands) Retumon Average Assets ey oo) ome (ose) sae com Net InterestMargin Efficiency Ratio SXCARVER BANCORP, INC, <=>" 7=ss sree enemas
Slide 21: Building Shareholder Value
Building Shareholder Value During Fiscal Years 20218 2022 the Company utilized successful strategies to raise capital, including: © Private placements of over 400,000 shares of newly issued common stock to institutional investors © Private placements of 12,177 shares of new Series E & Series F Prefe
Slide 22: Selected Statistical Data
Selected Statistical Data Performance Ratios Return on average assets Return on average stockholders equity Return on average stockholders equity, excluding AOC! Net interest margin Average interest rate spread Efficiency Ratio Operating expense to average assets ‘Average stockholders equity to aver
Slide 23: Carver in the News
Carver in the News S¥CARVER BANCORP, INC. a
Slide 24: Our Strength as a Public Company
Our Strength as a Public Company Nasdaq The CEO Magazine NASDAQ Closing Bell Banking on Community S¥CARVER BANCORP, INC. #
Slide 25: Carver Board of Directors
Carver Board of Directors BARaA A¥CARVER BANCORP, INC. _
Slide 26: Questions and Answers
Questions and Answers SYCARVER BANCORP, INC. 26
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