HBT Financial, Inc. · NASDAQ:HBT

HBT Financial — Investor Presentation (April 2020)

17 slides from HBT Financial's investor presentation, April 2020

  1. Slide 1: COVID-19 Response and Impact Overview

    STRICTLY PRIVATE AND CONFIDENTIAL HBT Financial, Inc. April 2020 COVID-19 Response and Impact Overview

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements Certain statements contained in this presentation are forward-looking statements. Forward-looking statements may include statements relating to our future plans, strategies and expectations, as well as the economic impact of COVID-19 and the related impacts on our future f

  3. Slide 3: COVID-19 Response Overview

    COVID-19 Response Overview Customer, Community, and Employee 1 Support Efforts 2 Impact of COVID-19 in Illinois 3 Loan Portfolio Overview 4 Capital and Liquidity Overview 5 Net Interest Margin 6 Near-Term Outlook 2

  4. Slide 4: Customer, Community, and Employee Support Efforts

    Customer, Community, and Employee Support Efforts Initial Response  Business Continuity Plan (BCP) activated  Executive leaders began meeting daily to discuss COVID-19 considerations  Enhanced disinfecting and cleaning protocols implemented at all facilities Customer and Community Initiatives  K

  5. Slide 5: Impact of COVID-19 in Illinois

    Impact of COVID-19 in Illinois  Illinois has the 6th highest number of confirmed COVID-19 cases in U.S. Confirmed COVID-19 Cases in Illinois by County  Some 70% of Illinois’ confirmed COVID-19 cases are in Cook County  The impact of COVID-19 is more moderate in markets outside Cook County and adj

  6. Slide 6: Loan Portfolio Overview: Commercial Real Estate

    Loan Portfolio Overview: Commercial Real Estate  $950 million portfolio as of March 31, 2020 Commercial Real Estate Loan Mix  $541 million in non-owner occupied CRE primarily Hotels Auto Repair supported by rental cash flow of the underlying properties Other* 3% & Dealers 4% 2%  $232 million in c

  7. Slide 7: Loan Portfolio Overview: Commercial

    Loan Portfolio Overview: Commercial  $299 million C&I loans outstanding as of March 31, 2020 Commercial Loan Mix  For working capital, asset acquisition, and other business purposes Restaurants 4% Finance Auto Repair  Underwritten primarily based on borrower’s cash flow and & Dealers Manufacturin

  8. Slide 8: Loan Portfolio Overview: Agriculture and Farmland

    Loan Portfolio Overview: Agriculture and Farmland  $229 million portfolio as of March 31, 2020 Agriculture and Farmland Loan Mix  43% production, of which most is corn and soybeans  57% real estate loans secured by farmland Equipment Livestock finance 3%  Federal crop insurance programs mitigate

  9. Slide 9: Loan Portfolio Overview: 1-4 Family Residential Mortgage

    Loan Portfolio Overview: 1-4 Family Residential Mortgage In-house 1-4 Family Residential Mortgage Portfolio Secondary Market 1-4 Family Residential Mortgage Portfolio  $314 million in-house portfolio as of March 31, 2020  $1.13 billion sold to the secondary market with servicing retained as of Mar

  10. Slide 10: Loan Portfolio Overview: Asset Quality and Reserves

    Loan Portfolio Overview: Asset Quality and Reserves Asset quality impact from COVID-19 is modest so far Augmenting allowance for loan losses  At March 31, 2020, non-performing assets were $19.8 million, or  Allowance for loan losses totaled $26.1 million, or 1.22% of loans 0.62% of total assets co

  11. Slide 11: Capital and Liquidity Overview

    Capital and Liquidity Overview CET 1 Risk-based Capital Ratio (%) Leverage Ratio (%) 12.71 10.80 10.70 12.44 10.38 12.21 12.15 12.09 9.94 9.93 2016 2017 2018 2019 1Q20 2016 2017 2018 2019 1Q20 Tangible Common Equity to Tangible Assets (%)1 Liquidity Sources 9.81 Liquidity Source As of 3/31/20 9.67 (

  12. Slide 12: Net Interest Margin

    Net Interest Margin  The 150-basis point reduction in the target federal funds rate in March 2020 is expected to continue placing downward pressure on the net interest margin in 2020  50% of the loan portfolio matures or reprices within the next 12 months  41% of variable rate loans have floors a

  13. Slide 13: Near-Term Outlook

    Near-Term Outlook  Active participant in the Paycheck Protection Program (PPP); through April 24, 2020:  1,129 loans approved and funded for $141 million  Average loan size of $125 thousand and median loan size of $48 thousand  Fees of $5.6 million expected for loans funded  Round two applicati

  14. Slide 14: Appendix

    Appendix HBT Financial 13

  15. Slide 15: Non-GAAP Reconciliations

    Non-GAAP Reconciliations Net Interest Margin (Tax Equivalent Basis) Net interest income (tax equivalent basis) Q1 2020 2019 2018 2017 2016 ($ thousands) Net interest income $ 30,662 $ 133,800 $ 129,442 $ 120,998 $ 121,101 Tax-equivalent adjustment (2) 463 2,309 2,661 5,527 5,468 Net interest income

  16. Slide 16: Non-GAAP Reconciliations

    Non-GAAP Reconciliations Tangible Common Equity to Tangible Assets Tangible Common Equity Q1 2020 2019 2018 2017 2016 ($ thousands) Total stockholders' equity $ 339,813 $ 332,918 $ 340,396 $ 323,916 $ 326,246 Less: Goodwill 23,620 23,620 23,620 23,620 23,620 Less: Core deposit intangible assets, net

  17. Slide 17: HBT Financial, Inc.

    HBT Financial, Inc.

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