Consumers Bancorp, Inc. · OTC:CBKM
Consumers Bancorp — Shareholder Meeting (October 2025)
43 slides from Consumers Bancorp's shareholder meeting presentation, Oct 23, 2025
Slide 1: 2025 Annual Shareholders Meeting – October 23, 2025
2025 Annual Shareholders Meeting – October 23, 2025
Slide 2: Frank Paden, Chairman of the Board
Frank Paden Chairman of the Board 2
Slide 3: Renee K. Wood, Treasurer, Corporate Secretary & CFO
Renee K. Wood Treasurer, Corporate Secretary & Chief Financial Officer 3
Slide 4: Forward-Looking Statement
Certain statements contained in this presentation, which are not statements of historical fact, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “may,” “continue,” “estimate,” “intend,” “plan,” “seek,” “will,” “believe,” “pro
Slide 5: Financial Summary
Financial Summary Net Income Earnings per Share $11,192 $3.68 $10,674 $3.45 $8,988 $2.98 $8,580 $8,667 $2.76 $2.77 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Net Interest Margin (FTE) Return on Average Assets 3.67% 3.60% 3.37% 1.16% 1.17% 3.00% 3.15% 1.05% 0.80% 0.78% 2021 2022 2023 2024 2025
Slide 6: Balance Sheet Growth
Balance Sheet Growth Total Assets Gross Loans $1,097.1 $1,165.0 $813.5 $1,060.0 $710.4 $759.1 $977.3 $833.8 $566.4 $611.8 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 CAGR: 8.7% CAGR: 9.5% Total Deposits Shareholders’ Equity $973.0 $1,036.8 $952.5 $76.3 $886.6 $69.9 $726.8 $63.7 $54.0 $55.5 202
Slide 7: Net Income Trend
Net Income Trend Fiscal YTD Net Income Trend Quarterly Net Income Trend $12,000 $11,192 $3,000 $10,674 $2,634 $10,000 $2,500 $2,293 $8,988 $9,132 $8,580 $2,287 $8,667 $8,000 $2,000 $1,851 $6,978 $6,000 $1,500 $4,000 $1,000 $2,010 $2,060 $2,000 $500 $0 $0 2021 2022 2023 2024 2025 12/31/2024 3/31/2025
Slide 8: Net Interest Margin
Net Interest Margin Sharply higher market rates in 2022 and 2023 are reflected in contracted margins 3.71% 3.61% 3.42%3.31% 3.23% 3.12% 3.08%3.09% 3.19%3.32% Core deposits have historically kept funding costs below peer Peers: Public & private commercial banks in OH, PA, WV with assets between $750
Slide 9: Cost of Interest-Bearing Liabilities
Cost of Interest-Bearing Liabilities 2.36% 2.36% 2.44% 2.50% 2.23% Cost of funds has consistently been below our peers 2.00% 1.50% 1.16% Core deposits have historically 1.02% kept funding costs below peer 1.00% 0.56% 0.38% 0.38% 0.50% 0.22% Peers: Public & private commercial banks in OH, PA, WV with
Slide 10: Funding Composition (06-30-2025)
Funding Composition (06-30-2025) Time Deposit, Repurchase Other Borrowings Consumer transaction & savings accounts reflect 39% Jumbo Agreements 2% of funding 2% Noninterest- 7% bearing DDA Commercial transaction accounts (including public Time Deposit, 22% funds), savings accounts & repurchase agree
Slide 11: Securities Portfolio (06-30-2025)
Securities Portfolio (06-30-2025) • As of June 30, 2025, the portfolio had an average tax equivalent yield of 2.79% and weighted average life of 6.4 years. Fair Value of Securities by Type Portfolio Mix & Unrealized Loss Other Debt, U.S. Gov't 6.3% Sponsored Entities State & Political & Agencies, 9.
Slide 12: Non-Performing Assets / Total Assets
Non-Performing Assets / Total Assets Consistently low 0.29% 0.29% delinquency and 0.30% 0.27% nonaccrual balances over a prolonged period 0.25% 0.21% 0.20% 0.17% 0.18% 0.15% Peers: Public & private 0.08% commercial banks in 0.10% 0.07% OH, PA, WV with assets between $750 0.04% million and $1.5 0.05%
Slide 13: Total Past Due & Non-Accrual Loans
Total Past Due & Non-Accrual Loans 0.67% Consumers total past 0.70% due (30+ days 0.60% 0.58% delinquent) and nonaccrual loans are 40 0.60% basis points below the bank’s regulatory peer 0.45% group. 0.50% 0.43% Since 2021, on average 0.37% Consumers’ total past 0.40% due & nonaccrual loans are 32 ba
Slide 14: Net Charge-offs / Total Avg Loans
Net Charge-offs / Total Avg Loans 0.10% 0.09% Low net charge-offs for the industry as a 0.08% whole 0.08% 0.06% 0.05% 0.04% 0.04% 0.04% Peers: Public & private 0.04% commercial banks in OH, PA, WV with 0.02% assets between $750 0.02% 0.01% 0.01%0.01% million and $1.5 billion. Source: S&P Global Mark
Slide 15: Book Value & Dividend Per Share Growth
Book Value & Dividend Per Share Growth Book Value per Share $25.95 Book value increased to $25.95 / $24.25 $20.39 share as of 9/30/2025 $17.66 $17.92 Paid Sept 2025 dividend of $0.21 per share, a 10.5% increase from the previous quarter. 2022 2023 2024 2025 9/30/2025 Dividends Paid per Share Dividen
Slide 16: 12 Month Total Return
OTCQX: CBKM 12 Month Total Return BKX – KBW Bank Index BANK - NASDAQ Bank Price Return 12 Month Return CBKM Total Return 40.6% CBKM Change in stock price 35.1% Market Ohio Information CBKM banks* Price / Tangible Book Value 102.0% 116.0% Price / LTM EPS 8.6x 10.0x Dividend Yield 3.49% 3.35% *Include
Slide 17: Ralph J. Lober II, President & CEO
Ralph J. Lober II President & Chief Executive Officer 17
Slide 18: Total Loan Portfolio Composition (06-30-2025)
Total Loan Portfolio Composition (06-30-2025) 13.74% $814 million balanced portfolio 31.51% 6.14% 72.2% ($587.8 million) of the total 13.12% portfolio is secured by real estate 94.5% of the balances represent collateral or borrower locations in 35.50% Ohio or market-adjacent counties Housing (1-4 &
Slide 19: Commercial Real Estate (06-30-2025)
Commercial Real Estate (06-30-2025) Owner Occupied CRE represent 9% 19.7% of the total loan balances and 59.7% of the commercial real estate portfolio. 35% 56% Non-owner-occupied real estate represents 12.5 of total loan balances and 35% of the commercial real estate portfolio. Owner-Occ Non-Owner O
Slide 20: Non-Owner Occupied CRE Portfolio (06-30-2025)
Non-Owner Occupied CRE Portfolio (06-30-2025) 2% Non-Owner Occupied CRE Portfolio 5% 5% Outstanding # of Average % of Non- % of % of (Million) Facilities Facility Occupied Loan Total (Million) CRE Portfolio Reg. 12% 35% Cap. Retail $40.4 50 $.808 39.4% 5.0% 38.7% Office $22.6 31 $.729 22.1% 2.8% 21.
Slide 21: Agriculture (06-30-2025)
Agriculture (06-30-2025) 8% $50 million agricultural portfolio. 6% 2% 3% 37% Ag-related balances represent 6.1% of the total loan portfolio. 16% 84.4% of the agricultural portfolio is secured by real estate. 100% of the ag-related portfolio is performing as of June 30 and 28% September 30, 2025. Gra
Slide 22: Housing Portfolio (06-30-2025)
Housing Portfolio (06-30-2025) 11% The $256.6 million housing- 21% related portfolio represents 31.5% of total loan balances. 2% $164.4 million, or 64% of the housing portfolio is comprised of amortizing 1-4 family first lien mortgages. 66% Equity Lines 1-4 Family (1st, Junior) 1-4 Family Constructi
Slide 23: Indirect Auto Portfolio (06-30-25)
Indirect Auto Portfolio (06-30-25) Credit Score Distribution 4% Delinquency Ratio 16% 2.00% 1.52% 1.50% 1.18% 1.05% 1.00% 0.50% 0.38% 0.00% 80% Jun-22 Jun-23 Jun-24 Jun-25 750 + 700-749 699 and below Delinquency Ratio 23
Slide 24: Consumers' Loan Portfolio: A Reflection of the Community
Consumers’ Loan Portfolio: A Refelection of the Community Agriculture $56.8 MILLION bad Consumer Automotive, Boat, & RV $108.2 MILLION Manufacturing $65.6 MILLION oO Oo ae Lit Arts, Entertainment, & Recreation $18.2 MILLION Construction Contractors & Trades $69.4 MILLION — i Retail & Wholesale Trade
Slide 25: Loan Production Trend
Loan Production Trend Fiscal 2025 reflects a 2025 $75 $62 $133 $270 41% increase in total loan production over 2024 $35 $49 $107 $191 fiscal 2024 2023 $41 $59 $155 $255 2022 $31 $108 $179 $318 Personal & mortgage related loans to 2021 $38 $101 $125 $47 $311 noncommercial customers comprise 2020 $14
Slide 26: 2025 Originated Loan Commitments
2025 Originated Loan Commitments Personal & mortgage $75.1, 28% related loans to noncommercial customers comprise 51% of total 2025 production 64.1% increase in $132.5, 49% portfolio mortgage and Home Equity commitments in 2025 114% increase in installment commitments in 2025 $62.3, 23% 26 Commercia
Slide 27: Sixty-Year Growth History
Sixty-Year Growth History 84% of asset growth has occurred since 2005 (20 Yrs) 1995 2018 2025 $300,000 $250 $1.0 $100 Million $500 Billion $1.16 Million Million Billion 1965 2009 2022 57% of asset growth has occurred since 2018 27
Slide 28: Twenty-four locations in east central Ohio counties
Twenty-four locations in 6 east central Ohio counties
Slide 29: Massillon, Ohio – Established February 2025
Massillon, Ohio Established: Deposit Market Population $1.6 Billion 32,292 February 2025 Households (3 Mile MSA 13,567 Canton-Massillon Businesses (7 miles) 5,300 Employment (7 miles) 101,000 Major Employers Kraft-Heinz, Massillon Cable TV, Republic Steel, Shearer’s Foods, Sugardale Additional Commu
Slide 30: Canton, Ohio – Established September 2025
Canton, Ohio Deposit Market $1.6 Billion Established: MSA Canton-Massillon September 2025 Population (primary & neighboring census 18,701 tracts) Households (5 miles) 50,409 Businesses (5 miles) 4,531 Major Employers Stark County Govt., City of Canton Govt., Schauer Group, Canton Regional Chamber of
Slide 31: Boardman, Ohio – Coming Summer/Fall 2026
Boardman, Ohio Deposit Market $1.5 Billion Coming: MSA Youngstown-Warren Summer / Fall 2026 Population 40,213 Households (5 miles) 34,842 Businesses (5 miles) 4805 Major Employers South Park Mall, DeBartolo Corporation, Saint Elizabeths Hospital, Retail Center of Mahoning County 31
Slide 32: Deposit Distribution
Deposit Consumers Market Rank Market Deposits Share $29.8 Billion Deposit Market ($000) ($000) Carroll Consumers ranks seventh of twenty-five $517,584 $144,656 27.95% 2/5 2 Locations banks operating in the five-county region Columbiana $2,232,770 $279,712 12.53% 4/10 Consumers is the largest of two
Slide 33: MSA Market Share
MSA Market Share Consumers Market MSA Market Market Offices Consumers Offices Share Akron, OH $18.9 Billion 159 $44.3 Million 2 .23% Canton-Massillon $10.4 Billion 96 $602.1 Million 11 5.81% Weirton - $2.4 Billion 31 $110.9 Million 4 4.59% Steubenville Total MSAs $31.7 Billion 286 $757.4 Million 17
Slide 34: Consumers solicits business in twenty counties in Ohio, PA, and WV
Consumers actively solicits business in twenty counties in Ohio, PA, and WV. Territory includes the following MSAs: Canton-Massillon / Akron / Cleveland-Elyria / Youngstown-Warren-Boardman / Weirton-Steubenville / Wheeling / Pittsburgh Consumers ranks 19th of 62 institutions operating in the twenty-
Slide 35: Deposit Composition (06-30-2025)
Deposit Composition (06-30-2025) Deposit & Repurchase Account Type Deposit & Repurchase Account Ownership Type 2% 2% 7% Personal & Trust Checking 11% Business & Estate 18% 37% Savings & Money Market Public Funds Time Deposits $250 or Less Internal Time Deposits GT $250,000 28% 58% CDARS / ICS Repurc
Slide 36: Cumulative Tenure: 103 Years
Executive Leadership Experienced & Stable Management Team CBKM Stock CBKM Banking Certification Ownership as of Tenure Sept 30, 2025* MBA, CPA, GSB-Madison, Ralph Lober II President & CEO 18 35 2.38% CEPA GSB-Stonier; BAI School of Cumulative Scott Dodds EVP, Senior Loan Officer 12 38 Executive Bank
Slide 37: Opportunities and Strengths
OPPORTUNITIES STRENGTHS Jefferson County, Liquidity & Business Market Disruptions Northern WV, & I- 70 Corridor Core Deposits Development Local Participations & Western Stark & Market Market Size & Community Bank Summit Counties Reputation Diversity Partnerships Consumer& Mahoning & Mortgage Lending
Slide 38: Priorities for Building the Future
PRIORITIES FOR BUILDING THE FUTURE Customer Staff Development Experience: Expand Business & Succession Accessibility & Development Technology Market Presence & Complimentary Expand Capacity Share Partnerships Technology & Data Community Culture Security Engagement 38
Slide 39: Local & Diverse Board of Directors
CBKM Stock Ownership as of Sept 30, 2025* Retired, President & CEO Farmers Frank Paden, Chairman 2013 Canfield, OH .38% National Bank Richard Kiko, Jr., Vice President & Chairman, Coletta Holdings 2015 Medina, OH .49% Chairman (Kiko Companies) Owner, President, MDH Investment David Bickerton 2025 Ea
Slide 40: Welcome, David Bickerton
Welcome, David Bickerton 40
Slide 41: Community Banking Model: The Differentiator
Community Banking Model: The Differentiator Mission-Inspired Shareholders & Capital Culture Local Dividends Local Deposits Products & Technology Community Bank Stronger In-market Profits Communities Participation Engaged In-market Bankers Local Directors & Management Local Money Local Lending & Mult
Slide 42: 12 Month Total Return
OTCQX: CBKM 12 Month Total Return BKX – KBW Bank Index BANK - NASDAQ Bank Price Return 12 Month Return CBKM Total Return 40.6% CBKM Change in stock price 35.1% Market Ohio Information CBKM banks* Price / Tangible Book Value 102.0% 116.0% Price / LTM EPS 8.6x 10.0x Dividend Yield 3.49% 3.35% *Include
Slide 43: Thank You!
Thank You! 2025 Annual Shareholders Meeting – October 23, 2025
Consumers Bancorp — Shareholder Meeting (October 2025) on 6ix