2018 Annual Shareholders Meeting
FFD Financial Corporation This presentation may contain statements which are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Act of 1934, as amended. Actual results could vary materially depending on a variety of factors, including, but not limited to, risks and uncertainties inherent in general and local banking and economic conditions and competitive factors specific to markets in which FFD Financial Corporation and its subsidiaries operate. FFD Financial Corporation assumes no liability to update this information.
2018 in Review Highlights 8 th consecutive year of diluted earnings per share improvement Asset growth of 11.9%, from $342 million to $382 million in total assets Growth in book value per share from $30.40 to $33.78 Announced New Branch Office in Uhrichsville, OH Top 200 Community Bank again in 2018. American Banker has FFD ranked 15 th in the nation and 1 st in Ohio for 3 year ROE performance Expanded mortgage origination capability Operating Environment Strong real estate markets & demand Very low unemployment in primary markets Increasing interest rates Reduced Federal Corporate Tax Rates Credit Quality Remains good and performance above industry/peers Record Earnings Improvement of net interest margin Operating Efficiency
Uhrichsville Opening November 5th!
7 Office Locations after Uhrichsville
Continued Strength of Company – American Banker Top 200 #15!! Up from #26 Last year and #53 prior year. A total of 633 banks fit criteria, putting us in top 3%
Continued Strength of Company – Bauer Financial Rating Highest rating you can achieve, and within top 10% in Nation!
Selected Stock Related Performance Numbers
Stock Price Performance-FYE 6/30/18 Election Daily
Stock Price Performance-1 st Qtr. 9/30/2018 Daily
Stock Performance-Returns Dividend Payout Yield Stock Price Appreciation Total Return 23.91% 25.00% 23.38% 21.10% 20.66% 20.16% 20.20% 18.20% 20.00% 17.97% 15.00% 10.00% 5.32% 4.58% 4.05% 5.00% 3.18% 0.00% Seven Years Five Years Three Years One Year Compound Annual Rates for each period through Fiscal Year Ended June 30, 2018
Earnings Per Share & Net Book Value $5.50 $35.00 $4.91 $5.00 $4.50 $30.00 $4.20 $4.00 $3.50 $3.30 $25.00 $2.84 $3.00 $2.48 $2.50 $20.00 $2.00 $1.50 $15.00 $1.00 $0.50 $10.00 2014 2015 2016 2017 2018 Earnings Per Share Net Book Value
Return on Average Assets (ROAA) & Average Equity (ROAE) FFD Financial FFD Financial S&P US Comm Banks $300-$500m S&P US Comm Banks $300-$500m S&P US Commercial Banks S&P US Commercial Banks 15.28% 1.35% 16.00% 1.40% 1.35% 14.00% 1.30% 1.25% 12.00% 10.73% 1.17% 1.20% 9.65% 10.00% 1.15% 1.09% 1.10% 8.00% 1.05% 6.00% 1.00% ROAA ROAE Last Twelve Months ended 06/30/18 Source: S&P Global Market Intelligence
Selected Bank (Consolidated) Performance Numbers & Ratios
Asset Growth (000’s) $400,000 $382,189 $380,000 $360,000 $341,465 $340,000 $320,000 $292,582 $300,000 $272,708 $280,000 $254,072 $260,000 $240,000 $220,000 $200,000 2014 2015 2016 2017 2018 Fiscal year ended June 30
Total Assets & Loans Serviced Total Assets Residential Loans Serviced for Others (000’s) $520,000 $480,000 $119,387 $440,000 $115,146 $400,000 $360,000 $382,189 $111,000 $107,200 $320,000 $341,465 $100,600 $280,000 $292,582 $240,000 $272,708 $254,072 $200,000 2014 2015 2016 2017 2018 Fiscal year ended June 30
Total Deposits (000’s) $360,000 $331,954 $340,000 $320,000 $305,378 $300,000 $280,000 $250,422 $260,000 $242,697 $240,000 $222,599 $220,000 $200,000 $180,000 2014 2015 2016 2017 2018 Fiscal Year Ended June 30
Total Net Loans (1) (000’s) $320,000 $306,248 $300,000 $277,861 $280,000 $260,000 $240,641 $240,000 $219,888 $210,466 $220,000 $200,000 $180,000 $160,000 2014 2015 2016 2017 2018 Fiscal year end June 30 (1) Includes loans held for sale
Loans in Holmes County $120,653 (000’s) $125,000 $115,000 $104,750 $105,000 $95,000 $85,000 $71,990 $65,237 $75,000 $55,946 $65,000 $55,000 $45,000 $35,000 $25,000 2014 2015 2016 2017 2018 Fiscal year end June 30
Deposit Market Share - Dover
Deposit Market Share –Tuscarawas County
Deposit Market Share-Holmes County
Capital Adequacy Actual FFD Required For Well Capitalized (000’s) 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 - Common Equity Tier 1 Total Risk BasedCapital Tier 1 Risk Weighted Tier 1 Adjusted Fiscal year end June 30, 2018
Net Interest Margin FFD Net Interest Margin S&P US Commercial Bank $300-$500m 4.00% 3.82% 3.80% 3.70% 3.68% 3.68% 3.63% 3.63% 3.62% 3.60% 3.54% 3.53% 3.53% 3.40% 3.20% 3.00% 2014 2015 2016 2017 2018 Last Twelve Months ended 06/30/18 Source: S&P Global Market Intelligence
Selected Credit Quality Numbers & Ratios
Non-Performing Assets (NPA) to Assets FFD Financial S&P US Comm Banks $300-$500m S&P US Commercial Banks 1.20% 1.05% 1.00% 0.73% 0.80% 0.60% 0.31% 0.40% 0.20% 0.00% ( Last Twelve Months ended 06/30/18) (NPA = NPLs + OREO + Other Nonaccrual Assets ) Source: S&P Global Market Intelligence
% Net Charge-Offs to Avg. Loans FFD Financial S&P US Comm Banks $300-$500m S&P US Commercial Banks 0.600% 0.48% 0.450% 0.300% 0.14% 0.150% 0.02% 0.000% (Last Twelve Months ended 06/30/18 ) Source: S&P Global Market Intelligence
Officers & Key Bank Staff attending today’s meeting Scott Finnell, Executive Vice President Sally O’Donnell, Senior VP & Secretary Michele Larkin, Senior Vice President Greg Dorris, Senior VP, Treasurer & CFO Stephenie Wilson, Vice President Matt Miller, Vice President Kris Kreinbihl, Vice President Kerry Egler-Whytsell, Vice President Tiffany Kail, Asst. Vice President Angela Delong, Asst. Vice President Carol Slemmer, Perriann Johns, Marsha Walker, Twyla McCartney, Leslie Riker, Alex Geers, & Scott Heil, Banking Officers
Outside Directors Douglas G. Bambeck Matthew L. Beachy Richard A. Brinkman, Jr. Stephen G. Clinton Leonard L. Gundy David W. Kaufman Directors Emeritus E.L. “Cork” Loader Robert D. Sensel
FFD Financial Corporation Thank you for your support! Questions & Answers
2018 Annual Shareholders Meeting
Recommend
More recommend
