Hingham Institution For Savings · NASDAQ:HIFS
Hingham Institution For Savings — Shareholder Meeting (2018)
18 slides from Hingham Institution For Savings's shareholder meeting presentation, 2018
Slide 1: Hingham Institution for Savings 2018 Shareholders Meeting
HINGHAM INSTITUTION FOR SAVINGS 2018 Shareholders Meeting
Slide 2: Overview
Overview 2 ◻ Financial Results ◻ Lending ◻ Commercial Deposit Growth and Digital Initiatives
Slide 3: Financial Results
3 Financial Results
Slide 4: Industry Leading Earnings
Industry Leading Earnings Annual Earnings $30.0 $20.0 (in millions) $10.0 $0.0 2013 2014 2015 2016 2017 Insurance Transaction #® Operating Earnings
Slide 5: Superior Return on Shareholder Equity
Superior Return on Shareholder 5 Equity Most Profitable Savings Bank in MA - Every Year Source: Depositors Insurance Fund, All Massachusetts Savings Banks
Slide 6: Shareholder Equity - Book Value Per Share
Shareholder Equity - Book 6 Value Per Share 5YR CAGR of 14.90%
Slide 7: Avoid Loan Losses
Avoid Loan Losses 7 Source: FDIC
Slide 8: Low Cost Leadership
Low Cost Leadership 8 ● 2017 Efficiency Ratio = 30.06% ● We are one of the most efficient banks in America ● We must be relentless in taking unnecessary costs out of our business
Slide 9: Reducing Waste
Reducing Waste 9 “Our profitability is not our customer’s problem...We need to take care of the customer and earn trust and we’ll figure out over time if we can ever make money with that product. If we can’t, we’ll stop selling it, but we’re not going to make customers pay for any of our inefficienc
Slide 10: Lending
10 Lending
Slide 11: Disciplined Loan Growth
Disciplined Loan Growth 11 5YR CAGR of 14.06%
Slide 12: Commercial and Construction Loan Growth
Commercial and Construction 12 Loan Growth 5YR CAGR of 17.60%
Slide 13: Commercial Lending
Commercial Lending 13 Washington, DC Market ● $60M in originations in 2017 ● Mix of multi-family, mixed-use, retail and office properties ● Mix of neighborhoods - Northern Virginia, Northwest Washington, CBD, Capitol Hill, 14th St/Shaw Massachusetts Market ● $254M in term loan and LOC originations a
Slide 14: Commercial Deposit Growth and Digital Initiatives
14 Commercial Deposit Growth and Digital Initiatives
Slide 15: Commercial Deposit Focus
Commercial Deposit Focus 15 ◻ Accelerating Growth ⬜ 44% Overall Growth in Commercial DDA Account Balances ⬜ 17% Growth in # of Commercial DDA Accounts ◻ Capabilities ⬜ Specialized Deposit Group, Supported by Strong Branch Presence
Slide 16: HINGHAM Q. RATES LOGIN
4 HINGHAM Q. RATES LOGIN SAVINGS PERSONAL v BUSINESS v ABOUTUS v CONTACTUS v STATUS DASHBOARD ene Se BANK WHERE LIFE TAKES YOU
Slide 17: Digital Initiatives
Digital Initiatives 17 ◻ Rapid Growth ⬜ 88% Growth in RDC Volume - current annual run rate of $114 million (March 2018) ⬜ 55% Growth in Active Business Online Users ⬜ 33% Growth in Active Mobile User Base ◻ Capabilities ⬜ Online Account Opening in 2018 ⬜ Enhanced Payments Tools for Business Customer
Slide 18: Thank You
18 Thank You 55 Main Street Hingham, MA 02043 781.749.2200 Member FDIC/Member DIF Equal Housing Lender
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