Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - AMERICAN RIVER BANKSHARES | arb_8k.htm |
Exhibit 99.1
David T. Taber, President & CEO
Page 4 of Page 22
Forward-Looking Statements
Raymond James Bank Conference
August 10, 2011
Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. Actual results may differ materially from the results in these forward-looking statements. Factors that might cause such a difference include, among other matters, changes in interest rates, economic conditions, governmental regulation and legislation, credit quality, and competition affecting the Company’s businesses generally; the risk of natural disasters and future catastrophic events including terrorist related incidents; and other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010, and in subsequent reports filed on Form 10-Q and Form 8-K. The Company does not undertake any obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or otherwise, except as required by law.
Page 5 of Page 22
Company Profile
Headquarters
Rancho Cordova, CA
a Suburb of Sacramento
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Founded
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Total Assets
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1983
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$570 million
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Shareholders’ Equity
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3-Month Average Volume
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$91 million
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7,927 shares per day
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Insider Ownership
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Institutional Ownership
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8%
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43%
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As of June 30, 2011
Page 6 of Page 22
Diverse and Large Market
$38 Billion in Deposit Potential*
*FDIC market share data for Amador, Placer, Sacramento and Sonoma Counties as of June 30, 2010
Page 7 of Page 22
Strategic Direction
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•Organic Growth in Current Markets
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•Low-cost core deposits
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•Focus on credit quality
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•Business Banking Niches
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•Small business $1 – $30M
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•High Net Worth individuals
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•Building Trades, Wholesalers, Fiduciaries, Manufacturers, Professionals & Property Managers
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•Relationship Banking
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•Focus on the business, its owners, their families and their employees
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•Provide 360 degree banking needs for each relationship
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Page 8 of Page 22
Experience Matters…Leadership Counts
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Name
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Position
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Industry Experience
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David Taber
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President
Chief Executive Officer
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28 years
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Mitchell Derenzo
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Executive Vice President
Chief Financial Officer
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23 years
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Doug Tow
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Executive Vice President
Chief Credit Officer
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35 years
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Kevin Bender
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Executive Vice President
Chief Operating Officer
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28 years
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Our Executive Team has been Together for 17 Years
Page 9 of Page 22
Proactive Credit Management
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•Veteran credit management team with an aggressive workout & collection philosophy
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•Keys to “Best Practices” portfolio management: Accurate & timely risk ratings, loan watch meetings, regular stress testing & regular 3rd party loan reviews
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•Recourse & cash flow lending with primary, secondary & tertiary sources of payments
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•Focused on loan types & markets with in core competency. Historically successful strategy
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Page 10 of Page 22
Core Earnings
Net Income vs. Income Before Credit Costs
Page 11 of Page 22
Core Earnings
Strong & Stable Interest Margin Through Rate Cycles
Page 12 of Page 22
Success is in the Deposit Mix
Core Deposits
Overall Cost of Deposits (2Q’11):
0.52%
Core deposits consist of noninterest bearing, interest checking, money market and savings.
As of June 30, 2011
Page 13 of Page 22
Success is in the Deposit Mix
Total Deposit Mix
Average Account Balances:
Non-interest checking: $19,000
Interest checking: $20,000
Money market: $128,000
As of June 30, 2011
Page 14 of Page 22
Diversified Loan Composition
As of June 30, 2011
Page 15 of Page 22
Asset Quality
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June 30, 2011
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December 31, 2010
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Non-performing loans that are current to term*
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$1,643,000
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$3,004,000
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Non-performing loans that are past due
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20,585,000
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19,567,000
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Other real estate owned (net)
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3,224,000
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2,696,000
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$25,452,000
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$25,267,000
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* loans that are current (less than 30 days past due) pursuant to original or modified terms
Page 16 of Page 22
Asset Quality
Non-Performing Assets Classified Assets
As June 30, 2011
Page 17 of Page 22
Asset Quality
Classified Assets as a % of Equity
As June 30, 2011
Page 18 of Page 22
Capital Ratios
Strong Capital Position
§ $91 million in Shareholder’s Equity
§ Completed successful capital raise in December 2009 with net proceeds of $23.9 million
As of June 30, 2011
Page 19 of Page 22
The Right Mix of Service and Sales
Sales
üFeet-on-the-Street Prospecting
üFinancial Reviews
üServices per Household
üBank Local
üResult-driven Marketing
Page 20 of Page 22
The Right Mix of Service and Sales
Satisfaction and Loyalty
Client Satisfaction Survey based on Forrester Research Methodology
Client Satisfaction Survey by American River Bank, 1/1/11 to 6/30/11
Page 21 of Page 22
The AMRB Difference
Page 22 of Page 22