Your Community Bankshares — Merger or Acquisition (May 2016)
19 slides from Your Community Bankshares's merger presentation, May 3, 2016
Slide 1: Acquisition of Your Community Bankshares, Inc.
Exhibit 99.1 3Acquisition May 2016 of Your Community Bankshares, Inc.
Slide 2: Forward-Looking Statements
Forward-Looking Matters between (the materially longer make Community’s business Your in this “Company”, Community’s itpresentation tomore set WesBanco, strategies; accomplish from forth difficult shareholders those in “WesBanco” Statements are this 2015 the Inc. than contained tobased nature, prese
Slide 3: Transaction Highlights
Transaction Expansion Higher Strong Market Kentucky Southern Indiana Ability Brokerage, Expected Tangible TBV Internal Remain 1) 2) Excludes Crossover earn-back local growth to Jim ?rate well book ?MRQ to leverage and into High trust, Rickard, Highlights be merger-related of leadership in method val
Slide 4: Summary of Deal Terms
Summary 80% Consideration market Management Extensive Due YCB Protections Walk-Away Pro Required Expected 1) Deal Forma Diligence stock shareholders option directors must topresident value use Approvals Closing of diligence /Ownership maintain commercially Provision 20% holders Key and based and to
Slide 5: Complementary Franchise and Branch Map
Complementary YCB Indiana % Financial of WSBC WSBC / Kentucky dataPFasDeposits: Loans: Pro of Diversification 3/31/16; Forma 17% 17% Branch pro forma Mapdoes not include purchase accounting adjustments 4 Source: SNL Financial, Company management
Slide 6: Core Market Opportunities and Demographics
Opportunities Core 2016 $55,000 4.00% $45,000 -2.00% $35,000 YCB Louisville, 54321Market Bank Bcshs Financial Total assets 2)Your Republic Stock Commonwealth First Deposit New Median For has Corp. less Inc $50,000 Capital Community Market Louisville Yards 5.00% 1.00% -3.00% top Institutions Group (K
Slide 7: Crossing the $10 Billion Asset Threshold
Crossing At Interchange Increased Approximately asset On 6WSBC closing, a combined threshold has will the FDIC WSBC closely continue income $10 is $9 basis, insurance Billion crossed million plans monitored cap to WSBC monitor Asset topremiums estimated shrink has the Threshold and the potential its
Slide 8: Financial Comparison of WSBC and YCB
Assets ($MM) Net 14.40% Headquarters Financial 1) 2) income The See Income non-GAAP $yield on 13.07% 8,569 Comparison data certain (MRQ) on Wheeling, at$earning or 1,550 tax-exempt financial for $ 22.9 –the Deposits assets, March WVquarter $measures 3.7 New loans net 31, $Net 6,143 ended Albany, int
Slide 9: Pricing and Key Assumptions
Pricing Price Key Approximately fixed Pre-tax Balance 1) 2) 3) merger 2016 Core Legacy Assumptions: assets, / YCB of restructuring and Metrics: deposit and sheet $5.1 portfolio Assumptions 2017 3/31/16 OREO de-leveraging million) 35% premium mean excludes and cost TBV: charges analyst other savings
Slide 10: Pricing Compared to Regional Deal Peers
Pricing Regional Deal Target Total Source: 1) 2) 3) NPAs/Assets 4) than Price ROAA Select Nationwide 3.0% Value Metrics Assets Deposits Financials In SNL totransactions Peers and Line LTM /($MM) $Tangible Financial. were ROAE 1,550 transactions $National With EPS 1,238 ($MM) less $$Relevant 221.0 as
Slide 11: Pro Forma Capital Ratios Remain Strong
ProBased WSBC Tangible Tier Total 1) 2) 3) See Represents Forma 1Risk-Based Leverage Common Risk-Based non-GAAP YCB(2) Common onCapital Company consolidated Projected Ratio Capital Capital financial Ratios Equity 9.5% 11.6% projections 14.1% Remain at /13.3% figures Tangible measures 9.5% 3/31/2016
Slide 12: Summary
Market Summary Retention High Opportunity Appropriately Extensive History 11 performing expansion of of due successful to local priced diligence increase commercial management intotransaction consolidations higher-growth revenue process banking team, and by with introducing with appropriate markets
Slide 13: Appendix
W WesBanco By all accounts, better. Appendix
Slide 14: Pro Forma Loan Composition
ProExcludes Your WesBanco, Consumer/ Consumer/Other 8% Equity 7% Home Commercial 45% C&I MRQ 18% Balance(1): Source: 1) 2% Equity Forma C&I RE Community Yield Home 7% SNL Residential 15% Equity Loan Other Inc. on $5,136,385 loans RE Financial. C&I Loans: Combined Residential Composition Consumer/Oth
Slide 15: Pro Forma Deposit Composition
ProDemand, Your WesBanco, Jumbo 13% 23% IB Savings MRQ Balance: Source: not sum Forma NIB Community Cost Time SNL & to$6,142,892 11% 22% MMDA 100% Deposit of Inc. IB Jumbo Financial. Deposits: 12% 22% Demand, Combined due Composition 53% Time Retail Balance: to Represents 0.25% rounding. MMDA Saving
Slide 16: Non-GAAP Financial Measures: Efficiency Ratio
Non-GAAP ($ WSBC Non-interest 2,617 Efficiency Source: 1) YCB in thousands) Net YCB Company non-interest interest ratio Financial expense 1Q2016 55.5% income management income $1Q2016 Measures: 68.5% 45,343 (FTE) excludes $ 11,236 plus Efficiency non-interest gain Less: on Ratio securities restructu
Slide 17: Non-GAAP Financial Measures: Tangible Common Equity
Non-GAAP ($ WSBC Total Less: tax Tangible Source: inliability thousands) common goodwill YCB Company common 487,267 Financial 3/31/2016 shareholders’ andmanagement equity other 8,010 Measures: 3/31/2016 intangible / tangible Tangible equity 16TCE assets $assets, assets 1,145,910 / TA(TCE (TA) net of
Slide 18: Non-GAAP Financial Measures: ROATCE
Non-GAAP ($ WSBC Net Average Less: Return Source: 1) Tax inincome thousands) average effected on YCB Company total average (annualized) Financial 1Q2016 common goodwill at 35% management tangible 1Q2016 Measures: shareholders’ &$other 91,999 common 17 intangibles, ROATCE $ 14,861 equity equity (ROAT
Slide 19: WesBanco
wy W WesBanco By all accounts, better.
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