Juniata Valley Financial Corp. · OTC:JUVF
Juniata Valley Financial — Shareholder Meeting (May 2025)
20 slides from Juniata Valley Financial's shareholder meeting presentation, May 20, 2025
Slide 1: The Tide Is Turning: Juniata Valley Financial Corp. 2025 Annual Meeting
THE TIDE IS TURNING Juniata Valley Financial Corp. 2025 Annual Meeting May 20, 2025 Exhibit 99.1
Slide 2: Martin Dreibelbis, Chairman
MARTIN DREIBELBIS CHAIRMAN
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 – The Tide is Turning • Questions/Comments • Voting Tabulation • Adjournment
Slide 4: Board of Directors
BOARD OF DIRECTORS Martin Dreibelbis Chairman Christina Calkins-Mazur Joseph Scarnati III Steven Sliver Gary Kelsey Marcie Barber Michael Buffington Vice Chairman
Slide 5: Meeting Business
MEETING BUSINESS Determine Presence of Quorum, Approval of Minutes, Appointment of Judges of Election Election of Directors “Say on Pay”
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
Slide 7: The Tide Is Turning
THE TIDE IS TURNING MARCIE BARBER PRESIDENT AND CEO MICHAEL WOLF EVP AND CFO
Slide 8: Year-Over-Year Comparative Financial Results
YEAR-OVER-YEAR COMPARATIVE FINANCIAL RESULTS Earnings Highlights 2024 2023 Net Income (in thousands) $6,229 $6,596 Return on Average Assets 0.72% 0.79% Return on Average Equity 14.19% 17.59% Net Interest Margin (fully tax equivalent) 2.71% 2.74% Loans to Deposits 71.38 69.38% Efficiency Ratio 72.77%
Slide 9: Ten Year Asset Trend
$480,529 $583,928 $580,354 $591,945 $625,236 $670,632 $793,718 $810,518 $830,875 $871,811 $848,874 $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 2024 At December 31, (in thousands) TEN YEAR ASSET T
Slide 10: Ten Year Deposit Trend
TEN YEAR DEPOSIT TREND $380,884 $457,126 $455,822 $477,668 $521,722 $531,937 $622,866 $708,447 $711,512 $749,045 $747,957 $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 2024 At December 31, (in thou
Slide 11: Diversified Deposit Base
DIVERSIFIED DEPOSIT BASE • Stable and growing core deposit base • Deposits boosted by government stimulus payments 2020 and 2021 • Time deposit growth continued in 2023 and 2024 • Contraction in demand deposits and savings accounts in 2024 • Deposit mix remains relatively consistent over time, trend
Slide 12: Loan Diversification
LOAN DIVERSIFICATION • Loan growth of 1.6% in 2024 • Commercial real estate loan growth through organic growth within and outside of our branch footprint • Residential mortgage loan growth for the third consecutive year after years of declining balances • Growth without sacrificing asset quality • R
Slide 13: Credit Quality and Coverage
CREDIT QUALITY AND COVERAGE ALL / ACL (in thousands) Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Total Loans $ 422,661 $ 418,303 $ 484,512 $ 525,394 $ 533,869 Total reserves $ 4,835 $ 4,041 $ 4,372 $ 5,677 $ 6,183 Reserve coverage ratio 1.23% 0.99% 0.90% 1.08% 1.16% RESERVES MINIMAL NON-PERFORMING LOANS LOW
Slide 14: Capital and Liquidity at December 31, 2024
CAPITAL AND LIQUIDITY AT DECEMBER 31, 2024 • JVB is well capitalized • Tier one risk-based capital 11.7% versus minimum requirement plus capital conservation buffer of 8.5% • Total risk-based 12.8% versus minimum requirement plus capital conservation buffer of 10.5% • Liquid Assets 9.3% of Total Ass
Slide 15: Moving Forward in 2025
MOVING FORWARD IN 2025 Responsible loan and deposit pricing • Net interest margin compression reversal Improved efficiency • Continue to leverage more efficient technologies • Optimize current staffing levels Focus on customer service • Maintaining existing relationships and attracting new relations
Slide 16: Belleville Office Opening 2025
BELLEVILLE OFFICE OPENING 2025
Slide 17: 2025 First Quarter Financial Results
2025 FIRST QUARTER FINANCIAL RESULTS Earnings Highlights 2025 Quarter 1 2024 Quarter 1 Net Income (in thousands) $2,008 $1,355 Return on Average Assets 0.94% 0.63% Return on Average Equity 16.55% 13.38% Net Interest Margin (fully tax equivalent) 2.83% 2.63% Loans to Deposits 71.99% 72.68% Efficiency
Slide 18: Questions & Comments
QUESTIONS & COMMENTS This presentation has been filed with the SEC on a Form 8-K
Slide 19: Vote Tabulation Report
VOTE TABULATION REPORT LISA SNYDER
Slide 20: Meeting Adjournment
MEETING ADJOURNMENT Juniata Valley Financial Corp. 2025 Annual Meeting May 20, 2025
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