Skyline Bankshares, Inc. · OTC:SLBK
Skyline Bankshares — Raymond James U.S. Bank Conference 2023
20 slides from Skyline Bankshares's conference presentation, Sep 7, 2023
Slide 1: Presentation to Raymond James U.S. Bank Conference
Exhibit 99.1 PRESENTATION TO Raymond James U.S. Bank Conference September 7, 2023 aracmen| acer =a Holding Company for Skyline \\ ALWAYS OUR BEST
Slide 2: Forward Looking Statement Disclaimer
jonal Bank Forward Looking Statement Disclaimer This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934 as amended. These include statements as to expectations regarding f
Slide 3: Highlights and History
Highlights and History GROWING COMMUNITY BANK 3 of June 30, 2023 assets: $1.007 bition Loans: $779 million Deposits: $903 mittion Network: 27 branches Highlights: 1 Ip0 rexer SLBK orcon MARKET CAP: $61 8 million Rees 2023 #4] deposit wn Home counties oF share GRAYSON AND FLOYD, VIRGINIA History: 191
Slide 4: Our Values
Our Values Smart Young-at-Heart Inspired Energetic Kind Local Nonconforming
Slide 5: Asset Growth
Asset Growth November, 2015 July 1, 2016 PariwoyAcqustion Grayson Cerptermed—Natenal Bank? Banko Foy merger TOTAL ASSETS (in thousands) $1,100,000 $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $331,760 $300,000 $200,000 $100,000 2015, $558,856 2016 March 17,2017 Aprisg, 2018 Decem
Slide 6: Investment Rationale
Investment Rationale UNRECOGNIZED VALUE — discount to peer institutions IMPROVED SCALE AND GEOGRAPHY +2018 MOE ~ Roanoke and New River Valleys +2018 Acquisition ~ Increased NC presence ORGANIC GROWTH OPPORTUNITIES in oxisting and contiguous markets GROWTH POTENTIAL for “Truc” community bank: + Large
Slide 7: Investment Rationale
Investment Rationale MEDIAN PRICE/TBV MEDIAN PRICE/LTM EARNINGS 145.8% Tk 60x ore ils 60x 2.4% 95.4% 98.0% 95.8% SLBK ——-Virgnla.»“North Carolina Southeast! US. SLBK ——Virgnia.--North Carolina Southeast us RAYMOND JAMES:
Slide 8: Selected Public Peer Group
Selected Public Peer Group ‘HEADQUARTERS: phi North Crema ‘ova. ASSETS: SHS ‘Blank Overvow ASSASSRSASSsESssss ¥ cree 20 Wag Gre tics vere Seas oeSmip in wee 7% era a) aon Skyline Na
Slide 9: Markets Served
Markets Served Q Current Markets Roanoke / Blacksburg / NRV + Heattheare — Caron Cini, Lewis Gale Hospitals + Education - Virginia Teen, Raford Universty, Reancke Colege + Industry ~ Balast Point, Norhfok Southem, Volo, Pepsico Boone / Wilkes / Yadkin / Ashe + Healthcare ~ Appalachian Regional Heath
Slide 10: Financial Information
ok _-¢_- Financial Information. te Skyline National Bank ALWAYS OUR BEST
Slide 11: Condensed Balance Sheets
Condensed Balance Sheets + Investment securities > No HTM securities June20, March 31, December31, June 20, =e Modned curakan 6.5 (in thousands, except per share data) 2023 (2023 2022 2022 > @ $55 million with average maturity of 378 years haosee Cash and Cash Equivsterts S$ 2496 $4200 © § 94061 $91
Slide 12: Condensed Income Statements
Condensed Income Statements Net interest Margin 451% 450% 3.96% 4 00% eee 3.86% 3.88% 350% 3.00% 2019 © 2020 2021-2022: YTD 2023. Efficiency Ratio 60.00% 75.00% 74.69% 70.80% 192000 Three Months Ended June 20, 2022 Six Months Ended June 20, 2023 ‘June 20, 2022 (inthousands, except per share data) 20
Slide 13: Loan Portfolio
Loan Portfolio Data as of June 30, 2023 Diverse portfolio — by loan type, industry, and geography 81% adjustablelvariable - 19% fixed Weighted average yield of 6.04% Granular small business and retail portfolio: Average balance 1-4 family RE is $90,579 + Average balance CRE loans is $313,670 + Local
Slide 14: Commercial Real Estate
Commercial Real Estate Data as of June 30, 2023 Office includes, but not limited to: + Professional Services Other Office + Personal Services + Offices of Real Estate Agents and Brokers Gitopety Managers Restaurant + Insurance Agencies 4% + Investment Services and Portfolio Management General + Chil
Slide 15: Deposit Portfolio
Deposit Portfolio Data as of. June 30, 2023 Geographic diversity Individual market pricing potential Cost of funds @2: 73 bps Core deposits to total deposits: 82% Core deposits to total assets: 83% (FDIC peer group average 75%) Noninterest-bearing deposits: 93% Average annual net DDA growth in exces
Slide 16: Skyline Family — Overview
Skyline Family — Overview Culture *"Always our Best’ Corporate Governance +14 Directors with annual terms + Independent Chair & Vice-Chair +7 Committees Management Team + Market knowledge * Complimentary skills in core functions * Depth with built-in succession + MBA experience ~ 2 deals closed succ
Slide 17: Skyline Family — Leadership
Skyline Family — Leadership NAME POSITION EDUCATION AGE EXPERIENCE ‘Thomas Jackson Chairman of the Board Hampden Sydney College College of Wiliam and Mary, J.D. 65 24 James Shortt Vice-Chairman of the Board Virginia Tech, University of Richmond, J.D. 60 " Blake Edwards Chief Executive Officer Radfor
Slide 18: Moving Forward
Moving Forward
Slide 19: Thank you for the opportunity to share the Skyline story.
Thank you for the opportunity to share the Skyline story. We are happy to answer any questions you might have. BLAKE EDWARDS President and CEO bedwards@skylinenationalbank.com 1.276.773.2811 & Skyline Bankshares, |nc. Holding Company for % Skyline National Bank ALWAYS OUR BEST
Slide 20: Skyline National Bank
Skyline National Bank ALWAYS OUR BEST 1.866.773.2811 | SkylineNational.Bank
Skyline Bankshares — Raymond James U.S. Bank Conference 2023 on 6ix