Newalliance Bancshares — Merger or Acquisition (August 2010)
24 slides from Newalliance Bancshares's merger presentation, Aug 19, 2010
Slide 1: Corporate Overview
\) NiAGARA Corporate Overview \
Slide 2: Safe Harbor Statement
2 Safe Harbor Statement This presentation contains forward-looking information for First Niagara Financial Group, Inc. Such information constitutes forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) which involve significant risks and uncertaintie
Slide 3: About First Niagara Financial Group
3 About First Niagara Financial Group First Niagara Financial Group, Inc., through its wholly owned subsidiary, First Niagara Bank, N.A., has $21 billion in assets, 255 branches and $14 billion in deposits. First Niagara Bank is a community-oriented bank providing financial services to individuals,
Slide 4: First Niagara History
4 First Niagara History On May 5, 1870, Farmers & Mechanics Bank was established in Downtown Lockport, a city located 30 miles from Buffalo. It operated under that name until June 1, 1967 when it was changed to Lockport Savings Bank. Shortly thereafter, the City of Lockport branch opened. In the 197
Slide 5: First Niagara Growth in New York
5 First Niagara Growth in New York The 1990s was a period of continued growth. It was during this time that the Telephone Service Center and website were established and the Administrative Center (former headquarters) in Lockport was opened. Additionally, twelve new branches in Western New York were
Slide 6: First Niagara Growth in New York (con't)
First Niagara Growth in New York (con't) Starting in 2000, the institution grew through numerous bank and insurance acquisitions including, but not limited to, Empire National Leasing, Inc., Albion Banc Corp., Finger Lakes Bancorp, Hudson River Bancorp, Inc., and Great Lakes Bancorp, Inc. This was a
Slide 7: First Niagara Makes its Mark
7 First Niagara Makes its Mark In February 2000, the bank's name was changed from Lockport Savings Bank to First Niagara Bank and shortly thereafter, Niagara Bancorp was changed to First Niagara Financial Group. By November 2002, company-wide rebranding with the First Niagara name was complete. This
Slide 8: First Niagara Enters Western Pa.
8 First Niagara Enters Western Pa. In September 2009, First Niagara expanded outside of New York state with the completion of the acquisition of 57 Western Pennsylvania bank branches from National City Bank. The transaction resulted in First Niagara receiving approximately $4.2 billion of deposits.
Slide 9: First Niagara Enters Eastern Pa.
9 First Niagara Enters Eastern Pa. In April 2010, First Niagara completed the acquisition of Harleysville National Corporation and its more than $5 billion in assets and 83 branches in the Philadelphia area. Additionally, around this time, the Federal Reserve Board approved First Niagara's applicati
Slide 10: First Niagara Today
10 First Niagara Today First Niagara is committed to the same community-oriented philosophy that has guided this institution for more than 140 years, and it serves a greater number of customers with added products, services and conveniences. It offers personal and commercial banking, investment and
Slide 11: First Niagara Executive Committee: John R. Koelmel
First Niagara Executive Committee John R. Koelmel is President and Chief Executive Officer of First Niagara. Prior to Mr. Koelmel's appointment in 2006, he served as Chief Financial Officer of the bank for three years. During his tenure, he has been responsible for First Niagara's exponential growth
Slide 12: Gary M. Crosby, Chief Operating Officer
Gary M. Crosby is Executive Vice President, Chief Operating Officer of First Niagara. He joined First Niagara in July 2009 as Chief Operating Officer and has over 34 years of diverse operational business and leadership experience. He was a founding shareholder in a start-up company that grew from th
Slide 13: Daniel E. Cantara III, Commercial Services Group
Daniel E. Cantara is Executive Vice President, Commercial Services Group. He is responsible for First Niagara's portfolio of products and services focused on serving commercial and business customers. This includes traditional commercial banking business: C & I Lending, commercial real estate lendin
Slide 14: Mark R. Rendulic, Retail Sales
Mark R. Rendulic is a Senior Vice President and Corporate- Wide Retail Sales Manager of First Niagara Bank. Mark has the responsibility for Retail Banking and Small Business Sales and Service Management for all of First Niagara's markets. Mark oversees First Niagara's Regional Sales Managers through
Slide 15: Michael W. Harrington, Chief Financial Officer
Michael W. Harrington is Chief Financial Officer of First Niagara. He previously held the position of Senior Vice President and Treasurer and joined First Niagara in April 2003. He spent the first 12 years of his career at Commonwealth Savings Bank, ultimately serving as the bank's Treasurer. In 199
Slide 16: Elizabeth Bauman, Chief Administrative Officer
Elizabeth ("Beth") Bauman is Chief Administrative Officer of First Niagara and oversees Human Resources, PR/Communications and Facilities. Beth joined First Niagara in March, 2008. She brings more than 25 years of banking experience to the position, including extensive work in both human resources a
Slide 17: Oliver Sommer, Corporate Development
Oliver ("Ollie) Sommer is Executive Vice President, Corporate Development. He is responsible for First Niagara's merger and acquisition strategy, as well as leading acquired-bank integration, internal project management and other strategic corporate initiatives. Ollie previously served as a consulta
Slide 18: Committed to Our Communities
18 Committed to Our Communities In 2007, First Niagara introduced our Mentoring Matters program. In total, $1.5 million in donations have been made to more than 77 organizational mentoring programs in Upstate New York, which positively impact more than 5,000 young adults. In 2010 First Niagara provi
Slide 19: National Media Coverage
19 National Media Coverage First Niagara has been prominently featured in numerous leading media publications during the past three years. President and CEO, John Koelmel, has lent his expertise and insight to such publications as USA Today, The Wall Street Journal, American Banker, CNNMoney and Ban
Slide 20: We Have Been Busy...
20 We Have Been Busy... FNFG 6/30/08 Upstate New York $9.1 Billion Assets 114 Branches September 2008 $115 Million Equity Raise November 2008 $184 Million TARP Preferred April 2009 Announce National City Acquisition April 2009 $380 Million Equity Raise June 2009 Repay TARP July 2009 Announce Harleys
Slide 21: First Niagara's Corporate Strategy
21 First Niagara's Corporate Strategy
Slide 22: Our Top Initiatives for 2010
Our Top 10 Initiatives for 2010 Stretching the Core Move Up Market Strengthen the Foundation Operating Performance Organizational Transformation Enhance Retail Productivity Implement the Business Intelligence Initiative Slate Capitalize on M&A Opportunities Maximize Opportunity in New Markets Initia
Slide 23: Additional Information for Stockholders
Additional Information for Stockholders In connection with the proposed merger, First Niagara Financial Group, Inc. will file with the Securities and Exchange Commission a Registration Statement on Form S-4 that will include a Proxy Statement of NewAlliance Bancshares, Inc. and a Prospectus of First
Slide 24: Corporate Overview
\) NiAGARA Corporate Overview \
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