Hometrust Bancshares, Inc. · NYSE:HTB
Hometrust Bancshares — Partners Bank CEO Forum (September 2014)
19 slides from Hometrust Bancshares's conference presentation, Sep 15, 2014
Slide 1: HomeTrust Bancshares, Inc. Partners Bank CEO Forum
HometTrust Bancshares /Inc. Partners Bank CEO Forum September 15, 2014 x HomeTrust Bancshares, Inc. Lt just bettor here
Slide 2: Forward Looking Statements
Forward Looking Statements ~ This presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such
Slide 3: Company snapshot: headquarters, branches, assets, loans, deposits
‘Headquarters: Asheville, NC NASDAQ: HTBI _ Branches: 34 (43) $15.04 Total Assets: $2.1 billion ($2.8B) 85% Total Loans: $1.5 billion ($1.6B) $309 million Total Deposits: $1.6 billion ($2.2B) None Marie data a8 of 9/14 [Note Fnanoal data as of €/20/4;parenthatoa! amounts include the 7/21/14 acquitio
Slide 4: Introduction to HomeTrust
Introduction to HomeTrust meee §=6Background + Foundedin 1926, HomeTrust operatedas a mutual savings bankuntil conversion to a stock organization in July 2012 + Strong managementteam with significant acquisition and mergerintegration experience (7 transactions since 1996 with 2 more pending) «Manage
Slide 5: Asset Growth Since 1996
Asset Growth Since 1996 ~ + Since 2008, total assets have doubled with November pending acquisition mAssets =Loans = Deposits ‘S270 $2,500 $2,000 $1,500 (#000) $1,000 $500 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2009 2010 2011 2012 2013 2014
Slide 6: Goals & Business Strategy
Goals & Business Strategy x Goals . Continue to significantly grow the bank across the Carolinas, Tennessee, and Virginia . Continue to improve asset quality metrics . Expand business operations organically and acquisitively in high-growth, larger metropolitan markets . Remain well-regarded for risk
Slide 7: New Market and New Customer Revenue Growth Strategy
New Market and New Customer Revenue Growth Strategy x + New customer generation + Experian pre-screened mailings - DDA/HELOC + Indirect auto lending — potential 10,000 new customers over 3 years + Other direct mail campaigns on checking * Refera Friend — earn up to $500 + Universal Banker + Pending
Slide 8: Results: Accomplishments Since 2012 Conversion
Results: Accomplishments Since 2012 Conversion x + Asset Quality + Improving asset quality through loan workouts and OREO sales + NPAs /Assets at 06/30/14 were 3.02% compared to 5.72% at 03/31/12 + Strong Capital Position + Total Risk-Based Capital Ratio of 19.54% (bank only) at 6/30/14 + Excess cap
Slide 9: Recent Earnings Release
Recent Earnings Release (Dollars in thousands, except per share amounts) For the year ended As Reported 6/30/14 6/30/13 Net income $10,342 $9,053 $1,289 14.2% ROA 62% 56% 06% 10.7% EPS $.54 $.45 $.09 20.0% Net interest margin 3.79% 3.81% (.05%) (1.3%) Earnings excluding merger- related expenses"), n
Slide 10: Balance Sheet Highlights
Balance Sheet Highlights (Dollars in thousands, except per share amounts) For the year ended 6/30/14 Total assets $2,074,454 Total loans 1,473,099 Core deposits 948,892 Total deposits 1,583,047 Nonperforming loans/ Total loans 3.14% Classified assets/Total assets 4.56% Book value per share $18.28 Ta
Slide 11: Improving Asset Quality
Improving Asset Quality Nonperforming Assets / Total Assets 6.00% 5.07% 5.00% 387% 281% 4.00% 3.02% 3.00% 2.00% 1.00% | 9.36% 0. 0.00% | ‘2007 FY 2008 FY 2008 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 4.00% 350% 3.00% 250% 2.00% 150% 4.00% 050% Allowance for Loan Losses / Total Loans 0.00% + ‘2007
Slide 12: Liquidity and Capital To Grow
Liquidity and Capital To Grow + Well-capitalized balance sheetallows fora variety of strategic alternatives, including: + Acquisitions 24.00% Total Risk-Based Capital Ratio 23.18% + Share repurchases _— a: s9.5s% + Dividends are + Strong capital ratios at June 30, 2014 (Bank Scone only): s6.00% . .
Slide 13: HomeTrust Franchise Map
HometTrust Franchise Map a
Slide 14: Branch Map By Population Density
Branch Map By Population Density ~ HTBI (egacy) @ BankGreenvile Q FBI e Bone e BAC °
Slide 15: Growth Since Conversion
Growth Since Conversion (past 24 months) ~ Mutual Conversion ProForma (?) 9/30/2012 6/30/2014 Total Assets ~ $1,603 $ 2,700 | $ 1,097 68% | Total Loans 4,203 1,615 412 34% Total Deposits 4,160 2,180 4,020 88% Total Equity 312 380 8 2% | Commercial Relationship Managers Tangible Common Equity @ an 36
Slide 16: Loan Composition
Loan Composition Loans: At Time of Conversion * Other Commercial 11% Construction & Development T% 1-4 Family ‘Commercial 51% Real Estate 19% () Financial dataas of 320/12 Loans: 6/30/14 Pro Forma With Recentand Pending Acquisitions? Other Commercial 1 Construction & Development le 44 Family 41% ‘Co
Slide 17: Deposit Composition
Deposit Composition Deposits: At Time of Conversion Deposits: 6/30/14 Pro Forma With Recent and Pending Acquisitions @) (2) Fanci! dataas of 320/12 (2) Fanci data a of €00/14 proforma amounts include the 7/21/14 soquistion of Sank of Commerce andthe pending anquston ofthe branch banking operatons of
Slide 18: Closing Comments
ng Comments + Executed on post-conversion plan to grow organically and acquisitively + Initiated new business lines, hired key employees, and built infrastructure to drive future earnings growth + Reported strong operating results and announced 3 bank acquisitions and the acquisition of 10 branches
Slide 19: Investor Contacts
Investor Contacts ~ Dana Stonestreet Chairman, President & CEO Hunter Westbrook Senior VP, Chief Banking Officer Tony VunCannon Senior VP, CFO & Treasurer 10 Woodfin Street Asheville, NC 28801 (828) 259-3939 www.hometrustbanking.com
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