Attached files
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| 8-K - CURRENT REPORT - FAUQUIER BANKSHARES, INC. | annualmeeting8k.htm |
_____________________FAUQUIER BANKSHARES, INC.ANNUAL SHAREHOLDERS’ MEETING May 17, 2016
Safe Harbor Statement Today’s presentations may include forward-looking statements. These statements represent the company's beliefs regarding future events that, by their nature, are uncertain and outside of the company’s control. The company’s actual results and financial condition may differ, possibly materially, from what is indicated in these forward-looking statements. Additional information concerning the Company and its business, including additional factors that could materially affect the Company’s financial results, is included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 under “Management’s Discussion and Analysis of Financial Condition and Results of Operation.” 2 FAUQUIER BANKSHARES, INC.
Financial Condition FAUQUIER BANKSHARES, INC. 3
4 Total Assets FAUQUIER BANKSHARES, INC. Millions ($)
5 Loans, Net FAUQUIER BANKSHARES, INC. Millions ($) As of December 31.5 YR - CAGR – 12/31/2010 – 12/31/2015Source: Fauquier Bankshares Financials
6 Loan Portfolio Loan Portfolio At December 31, 2015 FAUQUIER BANKSHARES, INC. Source: Fauquier Bankshares Financials *Includes $16MM in U.S. Government Guaranteed Student Loans
Net Charge-Offs to Average Loans 7 National Peer Group consists of 444 Bank Holding Companies and Commercial Banks with Consolidated Assets of $500MM - $1B. (Source: SNL)VA Banks consists of 47 public companies with assets less than $5 billion. (Source: SNL)Averages used for both National Peer Group and VA Banks. As of December 31. 4th Quarter 2015 – Charged-off $8.5MM on one loan relationship2nd Quarter 2016 – Recovered $1.27MM
Nonperforming Loans to Period End Loans 8 National Peer Group consists of 444 Bank Holding Companies and Commercial Banks with Consolidated Assets of $500MM - $1B. (Source: SNL)VA Banks consists of 47 public companies with assets less than $5 billion. (Source: SNL)Averages used for both National Peer Group and VA Banks. As of December 31.
9 FAUQUIER BANKSHARES, INC. Allowance for Loan LossAs a Percentage of 90 Days Past Due & Nonaccrual Loans* National Peer Group consists of 444 Bank Holding Companies and Commercial Banks with Consolidated Assets of $500MM - $1B. (Source: SNL)VA Banks consists of 47 public companies with assets less than $5 billion. (Source: SNL)Averages used for both National Peer Group and VA Banks. As of December 31.*Excludes U.S. Government Guaranteed Student Loans
10 Total Deposits FAUQUIER BANKSHARES, INC. Millions ($) As of December 31. 5 YR - CAGR – 12/31/2010 – 12/31/2015 Source: Fauquier Bankshares Financials
Core Deposit Portfolio* FAUQUIER BANKSHARES, INC. Average Daily Balances for Twelve Months Ended December 31, Source: Fauquier Bankshares Financials5 YR – CAGR – December 31, 2010 – December 31, 2015*Excludes Time Deposits 11 5 YR - CAGR 8.02%
Financial Performance and Goals FAUQUIER BANKSHARES, INC. 12
Return on Average Equity (ROAE) FAUQUIER BANKSHARES, INC. 13 National Peer Group consists of 444 Bank Holding Companies and Commercial Banks with Consolidated Assets of $500MM - $1B. (Source: SNL)VA Banks consists of 47 public companies with assets less than $5 billion. (Source: SNL)Averages used for both National Peer Group and VA Banks. As of December 31. 2015 ROAE 8.34% without $8.0MM Provision for Loan Loss
14 Net Income (ROAA)(As a Percent of Average Assets) FAUQUIER BANKSHARES, INC. National Peer Group consists of 444 Bank Holding Companies and Commercial Banks with Consolidated Assets of $500MM - $1B. (Source: SNL)VA Banks consists of 47 public companies with assets less than $5 billion. (Source: SNL)Averages used for both National Peer Group and VA Banks. As of December 31. 2015 ROAA 0.78% without $8.0MM Provision for Loan Loss
Net Interest Margin* 15 FAUQUIER BANKSHARES, INC. National Peer Group consists of 444 Bank Holding Companies and Commercial Banks with Consolidated Assets of $500MM - $1B. (Source: SNL)VA Banks consists of 47 public companies with assets less than $5 billion. (Source: SNL)Averages used for both National Peer Group and VA Banks. As of December 31.*Net interest income on a taxable equivalent basis divided by average earning assets.
16 Assets Under Management(At Market Value) FAUQUIER BANKSHARES, INC. Source: Wealth Management Services Statement of Condition and Yahoo Finance – As of December 31. S&P 500 Index
Efficiency Ratio* FAUQUIER BANKSHARES, INC. 17 National Peer Group consists of 444 Bank Holding Companies and Commercial Banks with Consolidated Assets of $500MM - $1B. (Source: SNL)VA Banks consists of 47 public companies with assets less than $5 billion. (Source: SNL)Averages used for both National Peer Group and VA Banks. As of December 31.*Efficiency ratio is computed by dividing non-interest expense by adjusted operating income on a taxable equivalent basis. Includes gains and losses on the sale or impairment of securities and OREO.
18 Tangible Equity to Tangible Assets Ratio FAUQUIER BANKSHARES, INC. National Peer Group consists of 444 Bank Holding Companies and Commercial Banks with Consolidated Assets of $500MM - $1B. (Source: SNL)VA Banks consists of 47 public companies with assets less than $5 billion. (Source: SNL)Averages used for both National Peer Group and VA Banks. As of December 31.
Stock Total Return Performance Index Over Last 12 Months Since January 1, 2008 Since July 1997 FBSS -9.87% 22.78% 336.64% SNL U.S. Banks $500 Million - $1 Billion 11.36% 21.97% 252.37% 19 FAUQUIER BANKSHARES, INC. Source: SNL Financial – As of end of day Thursday, May 12, 2016
Contact Information Investor Relations ContactsMarc J. BoganPresident & Chief Executive Officer marc.bogan@tfb.bankEric P. GraapExecutive Vice President& Chief Financial Officereric.graap@tfb.bankDanielle JenkinsShareholder Relations Specialistdanielle.jenkins@tfb.bankwww.tfb.bank MAIN OFFICE THE PLAINS VIEW TREE BEALETON GAINESVILLE SUDLEY ROAD NEW BALTIMORE CATLETT FAUQUIER BANKSHARES, INC. BRISTOW 20 HAYMARKET Centreville Road