Union Bankshares, Inc. · NASDAQ:UNB
Union Bankshares — Shareholder Meeting (June 2007)
13 slides from Union Bankshares's shareholder meeting presentation, Jun 7, 2007
Slide 1: Annual Meeting
Annual Meeting Thursday June th , Exhibit 99.2
Slide 2: Loan Mix – 2006 Peer Comparison
Loan Mix – 2006 Peer Comparison Select Local Competitors Union Bankshares Company Consumer & Other 3% Commercial 8% Commercial R/E 21% Consumer - Home Equity 5% Residential R/E 63% Consumer & Other 3% Commercial 19% Commercial R/E 34% Consumer - Home Equity 8% Residential R/E 36% Peer Group consists
Slide 3: Loan Yield
Loan Yield $222 $251 $295 $339 $370 $374 6.53% 7.18% 6.14% 5.63% 5.81% 6.32% - 1Q 2007 3.00% 5.00% 7.00% 9.00% 11.00% Average Loans Loan Yield
Slide 4: Composition of Non-interest Income
Composition of Non-interest Income Other Income 8% Loan Fees 13% Bankcard Fees 6% Financial Services Fees and Commissions 41% Service Charges and Fees on Deposit Accounts 32% 12/31/2002 12/31/2006 Peer group consists of ME institutions with assets of $250 million or more Source Data: BancIntelligenc
Slide 5: Non-interest Expense to Average Earning Assets
Non-interest Expense to Average Earning Assets 2.9% 3.0% 3.0% 3.1% 3.2% 3.0% 3.1% 3.3% 3.7% 3.9% 2.0% 3.0% 4.0% 5.0% Peer Group UNBH Peer group consists of ME institutions with assets of $250 million or more Source Data: BancIntelligence Inc.
Slide 6: Efficiency Ratio Comparison
Efficiency Ratio Comparison -5.0% 0.0% 5.0% 10.0% 50.00% 55.00% 60.00% 65.00% 70.00% 75.00% Revenue % Change 6.3% 0.9% -3.9% Expense % Change 5.4% 4.6% 2.8% Efficiency Ratio 65.89% 68.30% 73.03%
Slide 7: First Quarter Results
First Quarter Results 2.0% 4,045 3,964 Non-interest Expenses 5.3% 3.03% 2.87% NIE to Average Assets 9.7% 0.62% 0.68% Return on Average Assets 10.0% 8.18% 9.00% Return on Average Equity 15.8% 0.76 0.88 Earnings Per Share 11.7% Net Income 10.2% 317,202 349,553 Deposits 3.3% 363,595 375,609 Loans Chang
Slide 8: Relative Performance – 4/6/05 to 12/27/06
Relative Performance – 4/6/05 to 12/27/06 0.60 0.70 0.80 0.90 1.00 1.10 1.20 1.30 Apr- Jun- Jul- Sep- Nov- Jan- Mar- May- Jun- Aug- Oct- Dec- NASDAQ Bank Index S&P Bank Index S&P 500 Index UNBH Source Data: Ryan Beck & Co. Research, SNL Financial
Slide 9: Relative Performance – Years
0.85 1.05 1.25 1.45 1.65 1.85 Dec- Mar- Jun- Sep- Dec- Feb- May- Aug- Nov- Jan- Apr- Jul- Oct- Dec- NASDAQ Bank Index S&P Bank Index S&P 500 Index UNBH Relative Performance – Years Source Data: Ryan Beck & Co. Research, SNL Financial
Slide 10: Relative Performance – Years
Relative Performance – Years 0.50 1.00 1.50 2.00 2.50 3.00 Dec- Apr- Aug- Dec- Apr- Aug- Dec- Apr- Aug- Dec- Apr- Aug- Dec- Apr- Aug- Dec- NASDAQ Bank Index New England Banks S&P 500 Index UNBH Source Data: Ryan Beck & Co. Research, SNL Financial
Slide 11: Stock Performance – Peer Comparison
Stock Performance – Peer Comparison -20% -15% -10% -5% 0% 5% 10% 15% 20% 1/18/07 2/18/07 3/18/07 4/18/07 5/18/07 UNBH CAC FNLC BHB Source Data: Yahoo! Finance
Slide 12: Forward Looking Statements
Forward Looking Statements This release contains “forward-looking statements” which may be identified by the use of such words as “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated” and “potential.” Examples of forward-looking statements include, but are not limited to, estimates wit
Slide 13: Annual Meeting
Annual Meeting Thursday June th ,