1st Century Bancshares — Investor Presentation (May 2013)
26 slides from 1st Century Bancshares's investor presentation, May 8, 2013
Slide 1: Investors Presentation
Investors Presentation May 2013 PP BANCSHARES IT/S WHO YOU KNOW.
Slide 2: Safe Harbor
Safe Harbor Certain matters discussed in this presentation may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can find many (but not all) of these forward-looking statements by looking for words such as “approximates,” believes,”
Slide 3: 1st Century Bank
1st Century Bank At 1st Century Bank, it’s our passion and core values that make us truly unique. Our bankers take the banking services we provide personally, and are constantly identifying ways where we can add value to each relationship.
Slide 4: 1st Century Bank Profile
1st Century Bank Profile * Attractive Market Headquartered in Century City - West Los Angeles franchise. "Strong demographics; $38* billion in total deposits, one of the largest concentrations of core deposits in the nation surrounding zip codes: 90024, 90025, 900 90067, 90210, and 90401-5. = Buildi
Slide 5: Investment Highlights
Investment Highlights = Pure play on West Los Angeles Market Accelerating profitability = Net income of $2.9 million in 2012, an increase of 187% = Return on Average Equity of 6.3% in 2012, up from 2.3% in 2011 . Strong growth trajectory = Total Assets CAGR of 17% (2005-2012) = Total Deposits CAGR o
Slide 6: 2012 Highlights
2012 Highlights = Achieved record levels in total assets, loans and deposits = Net income of $2.9 million, an increase of 187% = Total assets increased 23% to $499 million = Total loans increased 14% to $267 million = Total deposits increased 25% to $417 million = Total cost of funds was 24 basis po
Slide 7: 1st Century Bank Growth Strategies
1st Century Bank Growth Strategies Continue to build 1st Century brand and reputation in our attractive core market — West Los Angeles Build upon growing base of customers with continued focus on small businesses and professionals Strong capital base to help facilitate lending and strategic opportun
Slide 8: West LA Economic Environment
West LA Economic Environment = West LA experiencing stronger recovery than overall LA County market = Employment growth of 3.6% in 2011 vs. <1% for LA County* = Fastest growing sectors: professional and business services, leisure and hospitality, education, and health services = Projected employment
Slide 9: West LA Deposit Rich Market
West LA Deposit Rich Market Palisades Brentwood ‘ae $38'Billion In Deposits on the Westside — One of the largest concentrations of core deposits in the Nation. “Source: FDIC Summary of Deposits as of June 30, 2012 1) BANCSHARES sa un
Slide 10: West LA Market Share
West LA Market Share Market Bank share 1.City National Benk 23.79% 2.Bank of America Corp. 17.50% 3. Wells Fargo & Co. 14.10% 4.3 Morgan Chase 4.59% 5.First Republic Bank 435% 6.Citigroup Inc. 3.20% 7.Comerica tne. 3.40% {Mitsubishi UF) Financial Group tne. 3.20% 9.1MB Management Heldings LP 3.17% 1
Slide 11: Investing in the Franchise
Investing in the Franchise = Relationship Management Team has grown from 7 to 14 in the past 18 months = Additions from Citi, Wells Fargo, and City National = New office established in Santa Monica in 2011 and expanded in 2012 = Consistent investment in technology platform to provide big bank delive
Slide 12: Community - We stay involved
Community - We stay involved = Community involvement is an important Je. ¥ part of the culture at 1st Century Bank. MAKE@WisH Greater Los Angeles = Employees are involved in their . communities in a variety of ways. OF ive acres, = 1st Century Bank supports local charities throughout the West LA and
Slide 13: Experienced Management
Experienced Management Alan I. Rothenberg Chairman Chairman 40 years* Jason P. DiNapoli President Chief Executive Officer 20 years Bonnie S. Rubin Eve Regional Director 27 years Brad S. Satenberg EVP Chief Financial Officer 20 years** J. Kevin Sampson EvP Chief Credit Officer 22 years John C. Cronin
Slide 14: Financial Overview
Financial Overview i BESHARS — =
Slide 15: Asset Base
Asset Base Total Assets Asset Composition ($millions) (at March 31, 2013) 7.25 - year CAGR = 16.59% (2005- 19 2013) AlLother ‘assets cash & Cash $499 g493 1% Equivalents investments 3490 $405 $908 $259 $272 201 $224 $162 2005 2006 2007 2008 2009 2010 2011 2012 19 2013 i) BANCSHARES sa un
Slide 16: Asset Quality
Asset Quality Non-Performing Assets Non-Performing to Total Assets Loans to Total Loans 4.00% 6.00% 5.00% 3.00% 4.00% 2.00% - 3.00% 2.00% 1.00% - 1.00% 0.00% L 0.00% Sal 2008 2009 2010 2011 2012 19 2008 2009 2010 2011 2012 19 2013 2013 sistCentury Bank —#CAPeers* sist Century Bank "CAPeers* SNL Fina
Slide 17: Earnings
Earnings $1,600 $1,400 $1,200 $1,000 ‘$800 $600 $400 $200 $0 $592 $608 19 2012 (thousands) $770 | | I $1,442 2Q 2012 3Q 2012 4Q 2012 "Net Income —_sPre-tax/Pre-provision ttl 1Q 2013 (BUSHES. sa un
Slide 18: Deposits — Expanding Core Deposit Base
Deposits — Expanding Core Deposit Base Total Deposits Deposit Composition ($millions) (at March 31, 2013) DDA & NOW Total Deposits 7.25-year CAGR = 30.38% 7.25-year CAGR = 20.56% (2005 - 1Q 2013) (2005 - 1Q 2013) Savings & money 50 dlepere $400 3656 $350 $300 ] | | $250 | $200 | sis s150 | Interest
Slide 19: Deposits Trends
Deposits Trends Deposit Accounts & Types & Average Balance/Account (thousands) | ] 2005.” 9696 7 ] Average Balance $104. gyn” 2007 | 505 {i per core Account 77 2009 : 2010 —/ $62 2011 72M 012 $87 =DDA& NOW MMA & Savings «Customer CD's i) BANCSHARES sa un
Slide 20: Deposit Franchise
Deposit Franchise Non Interest-Bearing Deposits to Total Deposits Cost of Funds 50.0096 2.50% 40.00% |—__________#/ _} — 30.00% 20.00% 10.00% = SPE SS SEEPS S mist Century Bank "CA Peers* ast Century Bank CA Peers* 0.00%. SNL Financial Data Report (CA banks with assets between $250 to $500 million).
Slide 21: Balanced Loan Portfolio
Balanced Loan Portfolio Gross Loans Loan Composi ($millions) (at March 31, 2013) 7.25-year CAGR = 16.91% Consume Gorey (2005 - 19 2013) genie. toate industriel "0% toa0 $298 $267 $233 $200, $1828179 #422 ‘esidential $128 Mortgages $86 epaiorea aie | 420% 2005 2006 2007 2008 20092010 20112012 19 Aver
Slide 22: Allowance for Loan Loss to Total Loans
Allowance for Loan Loss to Total Loans 3.50% 3.00%. 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 2010 2011 2012 192013 mst Century Bank "CA Peers* SNL Financial Data Report (CA banks with assets between $250 to $500 million). i) BANCSHARES sa un
Slide 23: Well Capitalized
Well Capitalized Bank Capital Ratios (at December 31, 2012) 20.00% 15.29% 15.00% 14.09% 10.00% 9.2798 _ -fi 0.00% Tier 1 Leverage Ratio —_—Tier 1 Risk-Based Capital _ Total Risk-Based Capital Ratio Ratio eset %to be categorized as well capitalized "We continue tohave capital ratios that are well abo
Slide 24: 1st Century Bancshares, Inc.
1st Century Bancshares, Inc. Total assets $ 308,364 | $ 405,274 | $ 499,173 Loans, net‘) 174,010 227,721 260,656 Total deposits 257,989 332,454 416,681 Loan to deposit ratio 69.49% 70.08% 63.99% Total stockholders’ 44,338 45,051 49,173 equity Pre-tax/ 812 1,371 3,053 pre-provision income Net Income
Slide 25: Why 1st Century Bancshares?
1st Century Bancshares, Inc. Why 15t Century Bancshares? = Attractive market demographics = Focused growth strategy = Expanded footprint in Westside = Strong and low cost relationship deposit base = Balanced loan portfolio, improving credit quality and strong loan loss reserves = Well positioned to
Slide 26: 1st Century Bancshares, Inc.
1st Century Bancshares, Inc. For further information, please contact any of the following team members. Alan I. Rothenberg Chairman & CEO 310.270.9501 Jason DiNapoli President & COO 310.270.9505 Bonnie Rubin EVP, Regional Director 310.270.9511 Rich Rothenberg Managing Director, BD 310.270.9508 Dave
1st Century Bancshares — Investor Presentation (May 2013) on 6ix