Muncy Columbia Financial Corporation · OTC:CCFN
Muncy Columbia Financial — Shareholder Meeting (April 2025)
27 slides from Muncy Columbia Financial's shareholder meeting presentation, Apr 23, 2025
Slide 1: Annual Meeting of Shareholders April 22, 2025
Annual Meeting of Shareholders April 22, 2025
Slide 2: Cautionary Statement Regarding Forward-Looking Information
CAUTIONARY STATEMENT REGARDING FORWARD - LOOKING INFORMATION This presentation contains forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 , as amended, regarding our outlook or expectations relating to our future business, operations, financial c
Slide 3: Executive Management Team
Executive Management Team Jeffrey T. Arnold Senior Executive Vice President of Finance and Risk Management Tammy L. Gunsallus Senior Executive Vice President of Retail, Operations and Mortgage Matthew E. Beagle Executive Vice President and Chief Wealth Management Officer Jason A. Fischer Executive V
Slide 4: Executive Management Team
Executive Management Team Joseph K. O’Neill, Jr. Executive Vice President and Chief Financial Officer Kevin Weinhoffer Executive Vice President and Chief Commercial Officer Jeffrey A. Whitenight Executive Vice President and Retail Banking Manager Stephanie A. Oakes Executive Vice President and Chief
Slide 5: Senior Management Retirements
Senior Management Retirements Paul K. Page Executive Vice President and Chief Lending Officer 6/20/2005 – 6/28/2024 Kathlene M. Bower Senior Vice President and Chief Business Development Officer 4/02/1990 – 12/31/2024 Robert J. Glunk Executive Chairman 12/7/2015 – 2/28/2025 5
Slide 6: Bank Counsel
Bank Counsel Dean H. Dusinberre, Esquire Stevens & Lee 6
Slide 7: Independent Registered Public Accountants
Independent Registered Public Accountants Gregory J. Faulk, CPA, MBA Assurance Principal S.R. Snodgrass, P.C. 7
Slide 8: 2024 Financial Review
2024 Financial Review 8
Slide 9: Deposits, Assets, Investments
Deposits, Assets, Investments (In Millions) $0 $250 $500 $750 $1,000 $1,250 $1,500 $1,750 2020 2021 2022 2023 2024 Deposits - $1.292 Billion Assets - $1.596 Billion Investments - $331.7 Million 9
Slide 10: Historical Treasury Yield Curve 1960 to Present
Historical Treasury Yield Curve 1960 to Present Yield as of March 2025 1yr – 4.06% 3yr – 3.96% 10 yr – 4.28 % Yield as of March 2024 1yr – 4.99% 3yr – 4.38% 10 yr – 4.21 % Yield as of March 2023 1yr – 4.68% 3yr – 4.09% 10 yr – 3.66% Yield as of March 2022 1yr – 2.06% 3yr – 2.79% 10 yr – 2.90 % Prime
Slide 11: Loans (Gross, In Millions)
Loans (Gross, In Millions) $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 $1,100 $1,200 2020 2021 2022 2023 2024 2023 $1.069 Billion 2024 $1.128 Billion 11
Slide 12: Loan Delinquencies and Non-Accruals
0.74% at 12/31/20 0.60% at 12/31/21 0.67% at 12/31/22 1.58% at 12/31/23 1.84% at 12/31/24 Allowance for Credit Losses: $9.858 million at 12/31/24 Loan Delinquencies and Non - Accruals 12
Slide 13: Net Income
Net Income (In Thousands) $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 $18,000 $20,000 2020 2021 2022 2023 2024 2024 Net Income $19.0 Million 2024 Return on Average Assets (ROAA) 1.19% 13 First Quarter 2025 Net Income $4.3 Million First Quarter 2024 net Income $4.0 Million
Slide 14: Net Interest Margin
Net Interest Margin 2024 2023 2022 2021 2020 3.46% 2.34% 2.55% 2.58 2.97% Net Interest Margin * * Represents net interest income as a percentage of average total interest - earning assets, calculated on a tax - equivalent basis. 14
Slide 15: Financial Services/Brokerage Total Revenue
Financial Services/Brokerage Total Revenue $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 2020 2021 2022 2023 2024 $630,000 $599,000 $597,000 $ 636,000 $ 807,000 15
Slide 16: Trust Services Total Revenue
Trust Services Total Revenue ** $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 2020 2021 2022 2023 2024 $826,000 * $901,000 * $845,000 * $885,000 * $943,000 * * Includes Estate Administration Revenue of: $3,000 $8,750 $25,959 $67,250 $19,427 ** Trust Depa
Slide 17: Stockholders' Equity
Stockholders’ Equity (In Millions) $0 $20 $40 $60 $80 $100 $120 $140 $160 $180 $200 2020 2021 2022 2023 2024 Equity $166.4 Million Total Equity before AOCI $180.3 Million 17
Slide 18: Per Share Data
Per Share Data 2024 2023 2022 2021 2020 $5.33 $1.49 $4.58 $4.53 $4.47 Earnings per share (1) $1.76 $1.71 $1.67 $3.13 ($1.50 per share special dividend July 22, 2021 $1.59 Cash dividends declared per share $47.11 $43.09 $41.34 $50.21 $50.90 Book value per share $37.01 $32.58 $37.52 $46.39 $47.08 Tang
Slide 19: Competitors of Interest – Stock Values
Competitors of Interest – Stock Values Within 25 - mile radius of Journey Bank branch and $1.0 - $3.0 Billion in Total Assets Price Change 2024 vs. 2025 (%) April 16, 2025 April 16, 2024 November 10, 2023 (CCFN/MYBF Merger) Financial Institution 29.17% $38.75 $30.00 $37.00 CCFN - Share Price (Dail
Slide 20: Cash Dividends Per Share
Cash Dividends Per Share $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 $0.70 $0.80 $0.90 $1.00 $0.44 $0.44 $0.44 $0.44 $0.45 $0.50 Q2 2024 Q3 2024 Q4 2024 Q1 2025 20 Special Dividend Q1 2024 2023 $1.71 2024 $1.76 Special Dividend Record Date: May 6, 2025 Payable Date: May 22, 2025
Slide 21: Journey Bank Locations
Journey Bank Locations 21
Slide 22: Signature Event – Journey Bank Teen Star Musical Competition
Signature Event – Journey Bank Teen Star Musical Competition 15 Continuous Years 207 Finalists $70,000 in Prize Money $51,000 to Local High School Music Departments 22 Sunday, June 1 st at 2:00 PM Haas Auditorium Commonwealth University – Bloomsburg Tickets $5 in advance; $7 at door
Slide 23: Journey Bank Ballpark at Historic Bowman Field
Journey Bank Ballpark at Historic Bowman Field 23
Slide 24: Journey Bank Community Arts Center
Journey Bank Community Arts Center 24
Slide 25: Guest Speaker
Guest Speaker Strategic Advisory Assisted clients on over $20 billion in merger & acquisition transactions and in the issuance of over $5 billion of debt and equity capital Bachelor’s Degree in Finance from the University of Delaware Previously, Vice President/Investment Banking Group at San
Slide 26: Questions???
Questions??? 26
Slide 27: Thank you for attending the 2025 Annual Meeting of Shareholders
Thank you for attending the 2025 Annual Meeting of Shareholders 27
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