Byline Bancorp, Inc. · NYSE:BY
Byline Bancorp — Merger or Acquisition (October 2024)
6 slides from Byline Bancorp's merger presentation, Oct 1, 2024
Slide 1: Exhibit 99.2
Exhibit 99.2
Slide 2: Forward-Looking Statements
Forward-Looking Statements Forward-Looking Statements The information included herein may contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements about Byline’s expectations, beliefs, plans, strategies, predictions, forecas
Slide 3: Overview of First Security Bancorp, Inc.
Overview of First Security Bancorp, Inc. Company Overview Bank-Level Financial Highlights Size A privately held, Chicago community bank headquartered in Elmwood Park, IL $355 Million $201 Million $323 Million Total Assets Total Loans & Leases Total Deposits Serves customers through two core busi
Slide 4: Strategic Rationale
Strategic Rationale Strengthening our position as the preeminent commercial bank in Chicago Attractive deposit base with meaningful core deposits and ample liquidity Strategically Consistent with Byline’s strategy of acquiring high-quality, franchise-enhancing companies Compelling: This transa
Slide 5: Overview of Transaction and Consideration Terms
Overview of Transaction and Consideration Terms Financially attractive transaction with compelling pro forma financial impact Byline Bancorp, Inc. (BY) will acquire 100% of First Security Bancorp, Inc. outstanding common stock Fixed exchange ratio of 2.1794 BY shares for each First Security Banc
Slide 6: Key Transaction Assumptions
Key Transaction Assumptions Detailed financial, legal, regulatory and operational due diligence performed Estimated gross credit mark of approximately 3.7% Balance Sheet Total Federal Net Operating Loss and Illinois Net Loss Deduction Deferred Tax Asset Fair value adjustment of $5.4 million Mark
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