Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Reliance Bancshares, Inc. | c57935e8vk.htm |
Exhibit
99.1
| WELCOME 2010 Shareholders Meeting |
| 2 FORWARD-LOOKING STATEMENTS Except for the historical information contained in this presentation, certain matters discussed herein contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Although we believe that, in making any such statements, our expectations are based on reasonable assumptions, any such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. When used in this presentation, the words "anticipates," "believes," "expects," "intends" and similar expressions as they relate to Reliance Bancshares, Inc. or its management are intended to identify such forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties. Our actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, we can give no assurances that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what impact they will have on our results of operations or financial condition. We expressly decline any obligation to publicly revise any forward- looking statements that have been made to reflect the occurrence of events after the date hereof. |
| HOLDING COMPANY DIRECTORS Robert Cox Emerson Electric Company Dick Demko Demko Consulting Pat Gideon Silver Lake Bank Rusty Keeley L. Keeley Construction Barry Koenemann United Construction Ent. Co. Earl Lindenberg Lindenberg Technologies, LLC Gary Parker Center Oil Company Scott Sachtleben The Desco Group Jim SanFilippo Waylon Advertising Dave Spence Alpha Packaging, Inc. Jerry Von Rohr Chairman & Chief Executive Officer 3 |
| HOLDING COMPANY DIRECTORS EMERITUS Ralph Casazzone Oil Trader, G.E. Warren Corp. Mike Lawder Anderson & Gilbert, LC Bill Stiritz Retired Chairman, Ralcorp Holdings 4 |
| RELIANCE BANK DIRECTORS Robert Cox Emerson Electric Company Dick Demko Demko Consulting Barry Frazier Center Ethanol Company, LLC David Hogan Hogan Transports, Inc. Rusty Keeley L. Keeley Construction Pierre LaBarge, III LaBarge Pipe and Steel Company Mike Lawder Anderson & Gilbert, LC Mark Mantovani NSI Marketing Services, Inc. Dale Oberkfell President & Chief Operating Officer Scott Sachtleben The Desco Group David Sindelar Viasystems Group, Inc. Dave Spence Alpha Packaging, Inc. Jerry Von Rohr Chairman & Chief Executive Officer 5 |
| RELIANCE BANK, FSB DIRECTORS Dan Jasper President & Chief Executive Officer Julie Mathis Mathis, Jessen & Company, CPAs Richard Pringle Richard W. Pringle, P.A Jerry Von Rohr Chairman R. Mark Webb Lykes Insurance, Inc. A. David Welsh Business Entrepreneur 6 |
| 2009 OVERVIEW 7 |
| 2009 OVERVIEW Very Difficult Financial Climate 8 |
| 2009 OVERVIEW Very Difficult Financial Climate Substantially More Time and Money Spent on Loan Problem Issues 9 |
| 2009 OVERVIEW Very Difficult Financial Climate Substantially More Time and Money Spent on Loan Problem Issues Regulatory Climate Changed 10 |
| 2009 OVERVIEW Very Difficult Financial Climate Substantially More Time and Money Spent on Loan Problem Issues Regulatory Climate Changed Operating Performance Well Below Expectations 11 |
| 2010 KEY INITIATIVES 12 |
| 2010 KEY INITIATIVES Reduce Non-Performing Loans and Foreclosed Real Estate Improve Net Interest Margin by Increasing Non-Interest Bearing Deposits and Better Loan Pricing Improve Profitability - Meet Projected Plan Maintain Adequate Liquidity Remain Well Capitalized 13 |
| 2010 KEY INITIATIVES Reduce Non-Performing Loans and Foreclosed Real Estate Improve Net Interest Margin by Increasing Non-Interest Bearing Deposits and Better Loan Pricing Improve Profitability - Meet Projected Plan Maintain Adequate Liquidity Remain Well Capitalized 14 |
| 2010 KEY INITIATIVES Reduce Non-Performing Loans and Foreclosed Real Estate Improve Net Interest Margin by Increasing Non-Interest Bearing Deposits and Better Loan Pricing Improve Profitability - Meet Projected Plan Maintain Adequate Liquidity Remain Well Capitalized 15 |
| 2010 KEY INITIATIVES Reduce Non-Performing Loans and Foreclosed Real Estate Improve Net Interest Margin by Increasing Non-Interest Bearing Deposits and Better Loan Pricing Improve Profitability - Meet Projected Plan Maintain Adequate Liquidity Remain Well Capitalized 16 |
| 2010 KEY INITIATIVES Reduce Non-Performing Loans and Foreclosed Real Estate Improve Net Interest Margin by Increasing Non-Interest Bearing Deposits and Better Loan Pricing Improve Profitability - Meet Projected Plan Maintain Adequate Liquidity Remain Well Capitalized 17 |
| 2010 STOCK OFFERINGS Preferred Issue 7% 18 |
| 2010 STOCK OFFERINGS Preferred Issue 7% Common Stock $3 per Share 19 |
| COST CUTTING INITIATIVES PUT IN PLACE IN 2009 AND CONTINUE IN 2010 20 |
| FLORIDA 21 |
| LEE COUNTY MARKET Home Prices and Sales 22 |
| LEE COUNTY MARKET Home Prices and Sales Commercial Values 23 |
| LEE COUNTY MARKET Home Prices and Sales Commercial Values Land and Lot Values 24 |
| LEE COUNTY MARKET Home Prices and Sales Commercial Values Land and Lot Values Unemployment 25 |
| LEE COUNTY MARKET Home Prices and Sales Commercial Values Land and Lot Values Unemployment Banking 26 |
| RELIANCE BANK, FSB Continuing Cost Control Measures 27 |
| RELIANCE BANK, FSB Continuing Cost Control Measures Improved Liquidity 28 |
| RELIANCE BANK, FSB Continuing Cost Control Measures Improved Liquidity Improved Delinquency Trends 29 |
| RELIANCE BANK, FSB Continuing Cost Control Measures Improved Liquidity Improved Delinquency Trends Improved Mix of Deposits 30 |
| RELIANCE BANK, FSB Continuing Cost Control Measures Improved Liquidity Improved Delinquency Trends Improved Mix of Deposits "Core" Profitability 31 |
| LOAN PORTFOLIO 32 |
| LOAN PORTFOLIO LOANS ORIGINATED BY REGION 33 Actual Actual Actual Region 12/31/08 12/31/09 3/31/10 St. Louis, MO $1,003 $908 $882 Fort Myers, FL 132 81 75 Houston, TX 69 92 91 Phoenix, AZ 53 60 57 Total $1,257 $1,141 $1,105 |
| BANK OWNED PROPERTIES 34 For information on properties owned by Reliance Bank, contact Bill Springer at 314.569.7284. |
| MORTGAGE 35 |
| MORTGAGE 1st Deeds of Trust 36 |
| MORTGAGE 1st Deeds of Trust Home Equity Loans 37 |
| BUSINESS SERVICES 38 |
| BUSINESS SERVICES Serve Small, Mid-size and Large Businesses 39 |
| BUSINESS SERVICES Serve Small, Mid-size and Large Businesses Complete Product Suite - Competitive Rates and Pricing - Treasury Management - Internet Banking - ScanFast (Remote Deposit Capture) 40 |
| BUSINESS SERVICES Serve Small, Mid-size and Large Businesses Complete Product Suite - Competitive Rates and Pricing - Treasury Management - Internet Banking - ScanFast (Remote Deposit Capture) Success Stories 41 |
| RETAIL BRANCHES 42 |
| RETAIL BRANCHES Select and Retain Good People 43 |
| RETAIL BRANCHES Select and Retain Good People Focus - Change Deposit Mix Core +20% - Increase Non-Interest Income +50% 44 |
| RETAIL BRANCHES Select and Retain Good People Focus - Change Deposit Mix Core +20% - Increase Non-Interest Income +50% Business Development Calls 45 |
| RETAIL BRANCHES Select and Retain Good People Focus - Change Deposit Mix Core +20% - Increase Non-Interest Income +50% Business Development Calls Quality Customer Service 46 |
| PRICING OF DEPOSITS 47 |
| PRICING OF DEPOSITS ST. LOUIS METRO AREA TOTAL BANK DEPOSITS ($ Billions) 48 June '03 June '04 June '05 June '06 June '07 June '08 June '09 Deposits 50.4 44.028 48.004 49.482 51.484 57.83 67.6 Source: FDIC - Summary of Deposits |
| 6-MONTH CD RATES 49 Rank Bank APY 36 Reliance Bank 0.80 37 Enterprise Bank 0.75 49 First Bank 0.65 54 First National Bank-STL 0.60 55 Midwest Bankcentre 0.60 58 UMB Bank 0.50 59 Commerce Bank 0.40 60 Regions Bank 0.40 61 Bank of America 0.35 62 National City 0.35 69 U.S. Bank 0.15 Average 0.83 Mode 0.75 Source: Money Monitor by BancAnalytics, April 21, 2010 Member FDIC |
| 12-MONTH CD RATES 50 Rank Bank APY 38 Reliance Bank 1.20 46 Enterprise Bank 1.00 50 Midwest Bankcentre 1.00 55 First Bank 0.90 56 First National Bank-STL 0.85 58 Bank of America 0.80 59 Commerce Bank 0.75 62 UMB Bank 0.75 63 National City 0.65 65 Regions Bank 0.60 70 U.S. Bank 0.25 Average 1.17 Mode 1.00 Source: Money Monitor by BancAnalytics, April 21, 2010 Member FDIC |
| Assumptions - Deposits Deposit Growth Flat Deposit Mix Increase Non-Interest and Low Interest Deposits Rates Continue to see a Downward Slide throughout 2010 2010 PRICING OF DEPOSITS 51 |
| FINANCIAL DATA 52 |
| FINANCIAL DATA 53 Net Income ($000) Year End 2008 Actual Year End 2009 Actual 1st Quarter 2010 Actual Reliance Bank $3,125 ($21,224) ($878) Reliance Bank, FSB (2,860) (7,402) (1,420) Bancshares (584) (731) (201) Total ($319) ($29,357) ($2,499) Book Value per Share $6.72 $5.14 $5.00 |
| FINANCIAL DATA 54 Reliance Bancshares Year End 2008 Actual Year End 2009 Actual 1st Quarter 2010 Actual Net Loans $1,240,191 $1,108,575 $1,071,892 Investment 193,888 284,120 238,712 Total Assets $1,573,989 $1,536,708 $1,485,015 Deposits 1,228,047 1,266,060 1,212,683 Borrowings 199,919 116,697 118,777 Equity $139,609 $149,669 $148,224 |
| FINANCIAL DATA 55 Reliance Bancshares Funding Mix Year End 2008 Actual Year End 2009 Actual 1st Quarter 2010 Actual Non-Int DDA $59,375 $71,830 $57,288 Int Bearing DDA 56,870 93,178 133,726 Money Market 97,716 109,170 104,582 Savings 130,238 341,177 323,641 CD's / IRA's 883,848 650,705 593,446 Total Deposits $1,228,047 $1,266,060 $1,212,683 Borrowings $199,919 $116,697 $118,777 |
| SHAREHOLDER INVOLVEMENT 56 |
| TRADING ACTIVITY Closing Price on Tuesday, May 4, 2010: $2.29 52 Employee Stock Purchase Participants 57 # Shares Sold High Trade Low Trade Weighted Avg. Price per Share 2008 Year End 475,657 $12.00 $4.40 $8.71 2009 Year End 211,171 $4.90 $2.00 $3.18 2010 1st Quarter 60,937 $3.40 $2.25 $2.70 |
| CURRENT SHAREHOLDER ANALYSIS Deposit Account Balances as of 4/30/10 Checking $ 29,542,388 Money Market $ 8,091,874 Savings $ 12,700,217 CDs $ 28,962,380 IRAs $ 1,515,450 Total Deposits $ 80,812,309 Total Loans $218,050,672 58 |
| CURRENT SHAREHOLDER ANALYSIS Total Shareholder Relationships 572 2009 2010 # % Total % Total With Loan or Deposit Account 369 65% 65% With Checking Account 240 Without Checking Account 129 With No Account At All 203 35% 35% New Checking Acct. Potential 332 59 |
| CLOSING REMARKS 60 |
| QUESTIONS 61 |
| ELECTION RESULTS 62 |
| THANK YOU 63 |