1st Century Bancshares — Shareholder Meeting (May 2015)
23 slides from 1st Century Bancshares's shareholder meeting presentation, May 7, 2015
Slide 1: 2015 Annual Meeting of Stockholders Presentation
2015 Annual Meeting of Stockholders Presentation May 7, 2015 yp ist Zc ey BZ century BANCSHARES, INC
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 Bancshares - Snapshot
15* Century Bancshares - Snapshot Founded: 2004 Headquarters: Century City 1Q 2015 Assets: $617 million Market Cap: ~$70 million Associates: 71 Branch: One (Century City) Offices: Two (Santa Monica & Beverly Hills) - IST Z CENTURY BANCSHARES, INC.
Slide 4: Why 1st Century Bancshares, Inc.?
Why 1% Century Bancshares, Inc.? Attractive market demographics Strong capital position Stable and experienced management Well positioned to leverage continued economic recovery and competitor dislocation Focused growth strategy + Expanded footprint in Westside Strong and low cost relationship depos
Slide 5: 1st Century Bank Profile
1st Century Bank Profile = Attractive Market "Headquartered in Century City — West Los Angeles franchise. "Strong demographics; $60* billion in total deposits, one of the largest concentrations of core deposits in the nation. = Building Relationships =1 Century Bank is committed to building long-ter
Slide 6: Investment Highlights
Investment Highlights Pure play on West Los Angeles Market Strong growth trajectory = Total Assets CAGR of 14.3% (2006-2014) = Total Deposits CAGR of 16.8% (2006-2014) High quality deposit base = Non-interest bearing deposits comprise 56% of total deposits at year end 2014 = Cost of deposits was 9 b
Slide 7: 2014 Highlights
2014 Highlights Achieved record levels in total assets, loans and deposits Total assets increased 9% as compared to the prior year, to $585 million Total loans increased 15% as compared to the prior year, to $443 million Total deposits increased 11% as compared to the prior year, to $503 million Tot
Slide 8: 1st Century Bank Growth Strategies
1st Century Bank Growth Strategies a CENTURY BANCSHARES, INC
Slide 9: West LA Economic Environment
West LA Economic Environment CENTURY BANCSHARES, INC
Slide 10: West LA Deposit Rich Market
West LA Deposit Rich Market *60 Billion In Deposits on the Westside — One of the largest concentrations of core deposits in the Nation. *Source: FDIC Summary of Deposits as of June 30, 2014 — Ist CENTURY BANCSHARES, INC.
Slide 11: West LA Market Share
West LA Market Share Financial Institution % Balance (ll Financial Institution % Balance 1 Bank of America Corp. 20.10% 22 HSBC Holdings Ple 0.33% 2 Wells Fargo & Co. 17.64% 23 California Republic Bancorp 0.31% 3 City National Corp. 16.44% 24 EH National Bank 0.30% 4 JPMorgan Chase & Co 7.91% 25 Pre
Slide 12: Experienced Management
Experienced Management Alan |.Rothenberg = Chairman = Chairman Jason P. DiNapoli President Chief Executive Officer Bonnie S. Rubin EVP Regional Director Brad S. Satenberg EVP Chief Financial Officer J. Kevin Sampson EVP Chief Credit Officer Melissa Rickabaugh = EVP. Head of Operations *Includes time
Slide 13: Financial Overview
Financial Overview
Slide 14: Asset Base
Asset Base Total Assets ($millions) Asset Composition t Di b 8-year CAGR = 14.3% (at December 31, 2014) (2006-2014) Allother fasion, 10% Investments 14% 74% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Bist * BZ CENTURY A BANCSHARES, INC.
Slide 15: Asset Quality
6.00% Asset Quality Non: -Performing Assets to Total Assets 7.00% Non-Performing Loans to Total Loans 2009 2010 201120122013 2014. mist Century Bank CA Peers* 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% 2009 2010-2011 2012, mist Century Bank * SNL Financial Data Report (CA banks with assets between $5
Slide 16: Allowance for Loan Loss to Total Loans
Allowance for Loan Loss to Total Loans 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 2009 2010 2o1 2012 2013 2014 mist Century Bank mi CA Peers* * SNL Financial Data Report (CA banks with assets between $500 to $750 million). y Ist 6 "4 CENTURY Z BANCSHARES, INC.
Slide 17: Deposits - Expanding Core Deposit Base
Deposits —- Expanding Core Deposit Base Total Deposits ($millions) Deposit Composition DDA & NOW Total Deposits (at December 31, 2014) 8-year CAGR = 31.7% 8-year CAGR = 16.8% (2006-2014) (2006-2014) ; $500 savings & $450 money market Time saco deposits 8% $350 3% $300 $250 $200 ad Interest! $100 bea
Slide 18: Deposits Trends
Deposits Trends Deposit Accounts & Types #of Accounts | 2006 2007 2008 2009 2010 2011 2012 2013 2014 4 Customer CD's 89 4 102 145 105 76 47 47 38 @ MMA & Savings} 260 319 367 439 570 764 920 1,030 | 1,079 BDDA& NOW 640 842 1,199 1,710 2,233 | 2,741 | 3,397 | 4,152 | 4,869 Bist ie BZ CENTURY 2 _ BANC
Slide 19: Deposit Franchise
60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% Deposit Franchise Non Interest-Bearing Deposits to Total Deposits 1.60% Cost of Funds = a ra a $ s £ S$ S$ 8 mist Century Bank MCA Peers* 1.40% 4.20% 4.00% 0.80% 0.60% 0.40% 0.20% 0.00% s 2 es § § s ss £ Ss mist Century Bank CA Peers* * SNL Financial D
Slide 20: Balanced Loan Portfolio
Balanced Loan Portfolio Gross Loans (smillions) $443 8-year CAGR = 16.8% $384 (2006 - 2014) $267 $233 172 °20° $182 $179 I | | | | Average 2006 2007 2008 2009 2010 2011 2012 2013 2014 LoanSize —g547 $616 $866 $623 $610 512 $568 $585 $653, (sthousands) Loan Composition (at December 31, 2014) ie oe Se
Slide 21: Earnings
(§ in 000’s) Earnings $16,208 314,073 2om 2012 2013, 2014 Net Interest Income mPre-Tax Earnings mi Net income *Includes §3.1mm related to the reversal of a tax valuation allowance Bist BZ CENTURY A BANCSHARES, INC.
Slide 22: Well Capitalized
Well Capitalized Bank Capital Ratios (at December 31, 2014) 45.00% 13.13% 11.87% 40.00% 9.40% - | x 0.00% Tier + Leverage Ratio Tier + Risk-Based Capital Ratio Total Risk-Based Capital Ratio %to generally be categorized as a “well capitalized” financial institution Bist BZ CENTURY Z BANCSHARES, INC.
Slide 23: 1st Century Bancshares, Inc. - Price Change (%)
‘1st Century Baneshares, Inc. - Price Change (%) —Fery 06.25%) Kew Bank 36.38%) 159, 10 € H & d so r au aan a an un am a a ey om zoo dome)? m2 20120192220 Source: SNL Financial (as of May 5, 2015) 1st = CENTURY BANCSHARES, INC.
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