CIB Marine Bancshares, Inc. · OTC:CIBH
CIB Marine Bancshares — Investor Presentation (June 2004)
13 slides from CIB Marine Bancshares's investor presentation, Jun 28, 2004
Slide 1: CIB Marine Bancshares, Inc. Shareholder Information Meeting
CIB MARINE BANCSHARES, INC. Shareholder Information Meeting June 24, 2004
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements contained in this presentation that are not based on current or historical fact are forward-looking in nature. Actual results could differ materially from those indicated by such statements. For information about factors that could affect actual results, please
Slide 3: Managing the Challenges
Managing the Challenges «Identify the problems «Improve risk management and credit approval * Cooperate with regulators « Ensure compliance with regulatory orders : Independent review * Complete the audit - Recapitalize the Company * Strategic focus on core business of community banking + Improve ea
Slide 4: Identifying the Problems
Identifying the Problems Borrower A "Es Borrower B 9% Borrower C 7 Remaining Nonperforming Assets 37% Borrower F 7% Borrower G e%
Slide 5: Improving Risk Management / Credit Approval
Improving Risk Management / Credit Approval + New Executive Loan Committee Threshholds - Restructured Large Loan Committees « Enhanced underwriting procedures ¢ Instituted Early Identification / Warning process - Made key staff changes: + Chief Lending Officer + Chief Credit Officer + President—CIB
Slide 6: Cooperating with Regulators
Cooperating with Regulators * Take actions to improve: Capital Earnings Loan loss allowance Lending and collection practices Board supervision and management practices Regulatory compliance as it relates to transactions with affiliates Liquidity
Slide 7: Cooperating with Regulators
Cooperating with Regulators Increase capital Refrain from paying dividends Restrict asset growth Reduce substandard or doubtful assets Correct loan administration deficiencies Maintain an adequate allowance for loan losses Provide written plans, including: profit improvement; budget; strategic plan;
Slide 8: Ensuring Compliance
Ensuring Compliance - Appropriate staffing + Project management and coordination « Responsibility grids + Compliance committees at CIB Marine and Midwestern banking affiliates + Regular communication with regulators
Slide 9: Financial Summary
Financial Summary Net loss expected to range between $145 million and $155 million (attributable to the years 2003, 2002 and possibly 2001) Nonperforming assets expected to be approximately $196 million at 12/31/03. Represents unaudited estimates based on currently available information which is sub
Slide 10: Financial Summary
Financial Summary ° Net loss expected to be approximately $14 million. - Nonperforming assets expected to be approximately $201 million at 3/31/04. * — Represents unaudited estimates based on currently available information which is subject fo change
Slide 11: Recapitalizing the Company
Recapitalizing the Company + Engaged investment advisor - Working to reduce classified assets - Exploring sale of performing and nonperforming loans - Exploring sale of Citrus Bank, Marine Bank FSB and other subsidiaries - Exploring sale of stock - Exploring all available options for meeting capital
Slide 12: Strategic Direction
Strategic Direction « Build on community bank model: + Serve small businesses, lower-middle market, real estate developers, households, consumers, executive and professional clients in our markets « Focus on developing core deposits ¢ Distinguish our banks through excellence in customer service - Re
Slide 13: Conclusion
Conclusion CIB MARINE BANCSHARES, INC.
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