Juniata Valley Financial Corp. · OTC:JUVF

Juniata Valley Financial — Shareholder Meeting (May 2024)

18 slides from Juniata Valley Financial's shareholder meeting presentation, May 21, 2024

  1. Slide 1: Juniata Valley Financial Corp. 2024 Annual Meeting: Navigating Change

    JUNIATA VALLEY FINANCIAL CORP. 2024 ANNUAL MEETING MAY 21, 2024 NAVIGATING CHANGE Exhibit 99.1

  2. Slide 2: Annual Meeting of Shareholders

    Annual Meeting of Shareholders Chairman, Martin Dreibelbis

  3. Slide 3: Agenda

    Agenda • Call to Order • Rules of Conduct • Introduction of Members of the Board of Directors • Determine Presence of Quorum, Approval of Minutes, Appointment of Judges of Election • Nominations • Management’s Presentation – “Navigating Change” • Questions/Comments • Voting Tabulation • Adjournment

  4. Slide 4: Board of Directors

    Board of Directors • Chairman, Martin L. Dreibelbis • Vice Chairman, Gary E. Kelsey • Marcie A. Barber • Michael A. Buffington • Christina Calkins-Mazur • Joseph B. Scarnati III • Steven C. Sliver • Bradley J. Wagner

  5. Slide 5: Meeting Business

    Meeting Business • Determine Presence of Quorum, Approval of Minutes, Appointment of Judges of Election • Election of Directors • “Say on Pay” • “Say When on Pay”

  6. Slide 6: Forward Looking Statements

    Forward Looking Statements This presentation may contain “forward looking” information as defined by the Private Securities Litigation Reform Act of 1995. When words such as “believes”, “expects”, “anticipates” or similar expressions are used in this presentation, Juniata is making forward-looking s

  7. Slide 7: Navigating Change

    Navigating Change President and CEO Marcie A. Barber EVP and CFO Michael W. Wolf

  8. Slide 8: 2023 Financial Results

    2023 Financial Results Balance Sheet • Continued loan growth • Deposit mix shifts to time deposits • Short-term borrowing transferred from FHLB to lower cost FRB-BTFP Income Statement • Net Interest Margin compression • Non-interest income growth • Non-interest expense flat net of one-time expenses

  9. Slide 9: Ten Year Growth in Assets

    Ten Year Growth in Assets $480,529 $583,928 $580,354 $591,945 $625,236 $670,632 $793,718 $810,518 $830,875 $871,811 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 $850,000 $900,000 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 At December 31, (in thousands)

  10. Slide 10: Ten Year Growth in Deposits

    Ten Year Growth in Deposits $380,884 $457,126 $455,822 $477,668 $521,722 $531,937 $622,866 $708,447 $711,512 $749,045 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 At December 31, (in thousands)

  11. Slide 11: Deposit Mix as of December 31, 2023

    26.3% 23.3% 6.1% 17.9% 26.4% Deposit Mix as of December 31, 2023 Non-Interest Bearing Demand Interest Bearing Demand Money Market Savings Time Deposits • Stable and growing core deposit base. • Deposits boosted by government stimulus payments 2020 and 2021. • Rapid time deposit growth throughout 202

  12. Slide 12: Loan Diversification

    Loan Diversification 30.9% 10.0% 42.5% 12.5% 3.3% 0.8% Loan Segments as of December 31, 2023 Construction Loans Commercial Business Commercial Real Estate Real Estate Mortgage Municipal Personal Consumer • Loan growth of 8.4% in 2023. • Commercial real estate loan growth through organic growth and s

  13. Slide 13: Credit Quality and Coverage

    Credit Quality and Coverage • Reserves 0.50% 0.11% 0.05% 0.04% 0.94% 0.05% 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% YE 2019 YE 2020 YE 2021 YE 2022 YE 2023 Q1 2024 Non-Performing Loans as % of Total Loans 0.98% 1.23% 0.99% 0.90% 1.08% 1.08% 0.70% 0.80% 0.90% 1.00% 1.10% 1.20% 1.30% YE 2019 YE 2020 YE 202

  14. Slide 14: Regulatory Capital, Liquidity and Dividend Yield

    Regulatory Capital • JVB is Well Capitalized • Tier One Risk-Based Capital Exceeds Minimum Requirement plus Capital Conservation Buffer of 8.5% • Total Risk-Based Exceeds Minimum Requirement plus Capital Conservation Buffer of 10.5% Liquidity • Liquid Assets 15% of Total Assets • Liquid Assets plus

  15. Slide 15: Moving Forward in 2024

    • Responsible loan and deposit pricing • Net interest margin compression • Core conversion behind us • More efficient and technology friendly platform • Focus on customer service • Maintaining existing relationships • Attracting new relationships • LPO in State College • Expanded loan access • Trust

  16. Slide 16: Questions / Comments

    Questions / Comments This presentation has been filed with the SEC on a Form 8-K

  17. Slide 17: Vote Tabulation Report

    Vote Tabulation Report Lisa Snyder

  18. Slide 18: Meeting Adjournment

    JUNIATA VALLEY FINANCIAL CORP. 2024 ANNUAL MEETING MAY 21, 2024 Meeting Adjournment

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