2018 Annual Shareholders Meeting FFD Financial Corporation This - - PowerPoint PPT Presentation

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Dec 02, 2023 161 likes •488 views

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

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2018 Annual Shareholders Meeting

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FFD Financial Corporation

This presentation may contain statements which are "forward-looking statements" within the meaning

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
n 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.

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2018 in Review

 Highlights



8th 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 15th in the nation and 1st 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

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Uhrichsville Opening November 5th!

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7 Office Locations after Uhrichsville

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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%

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Continued Strength of Company – Bauer Financial Rating

Highest rating you can achieve, and within top 10% in Nation!

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Selected Stock Related Performance Numbers

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Stock Price Performance-FYE 6/30/18

Daily

Election

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Stock Price Performance-1st Qtr. 9/30/2018

Daily

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Stock Performance-Returns

0.00% 5.00% 10.00% 15.00% 20.00% 25.00%

Seven Years Five Years Three Years One Year

5.32% 4.58% 4.05% 3.18% 17.97% 18.20% 21.10% 20.20% 20.16% 20.66% 23.91% 23.38%

Dividend Payout Yield Stock Price Appreciation Total Return

Compound Annual Rates for each period through Fiscal Year Ended June 30, 2018

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Earnings Per Share & Net Book Value

$2.48 $2.84 $3.30 $4.20 $4.91 $10.00 $15.00 $20.00 $25.00 $30.00 $35.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 $4.50 $5.00 $5.50

2014 2015 2016 2017 2018 Earnings Per Share Net Book Value

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Return on

Average Assets (ROAA) & Average Equity (ROAE)

1.00% 1.05% 1.10% 1.15% 1.20% 1.25% 1.30% 1.35% 1.40% 1.35% 1.17% 1.09% FFD Financial S&P US Comm Banks $300-$500m S&P US Commercial Banks

ROAA

6.00% 8.00% 10.00% 12.00% 14.00% 16.00%

15.28% 10.73% 9.65%

FFD Financial S&P US Comm Banks $300-$500m S&P US Commercial Banks

ROAE

Last Twelve Months ended 06/30/18

Source: S&P Global Market Intelligence

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Selected Bank (Consolidated) Performance Numbers & Ratios

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Asset Growth

$200,000 $220,000 $240,000 $260,000 $280,000 $300,000 $320,000 $340,000 $360,000 $380,000 $400,000 2014 2015 2016 2017 2018

$254,072 $272,708 $292,582 $341,465 $382,189

Fiscal year ended June 30

(000’s)

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Total Assets & Loans Serviced

$200,000 $240,000 $280,000 $320,000 $360,000 $400,000 $440,000 $480,000 $520,000

2014 2015 2016 2017 2018

$254,072 $272,708 $292,582 $341,465 $382,189 $100,600 $107,200 $111,000 $115,146 $119,387

Fiscal year ended June 30

Total Assets Residential Loans Serviced for Others

(000’s)

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Total Deposits

$180,000 $200,000 $220,000 $240,000 $260,000 $280,000 $300,000 $320,000 $340,000 $360,000 2014 2015 2016 2017 2018

$222,599 $242,697 $250,422 $305,378 $331,954

Fiscal Year Ended June 30

(000’s)

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Total Net Loans (1)

$160,000 $180,000 $200,000 $220,000 $240,000 $260,000 $280,000 $300,000 $320,000 2014 2015 2016 2017 2018

$210,466 $219,888 $240,641 $277,861 $306,248

Fiscal year end June 30

(1) Includes loans held for sale

(000’s)

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Loans in Holmes County

$25,000 $35,000 $45,000 $55,000 $65,000 $75,000 $85,000 $95,000 $105,000 $115,000 $125,000 2014 2015 2016 2017 2018

$55,946 $65,237 $71,990 $104,750 $120,653

Fiscal year end June 30

(000’s)

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Deposit Market Share - Dover

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Deposit Market Share –Tuscarawas County

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Deposit Market Share-Holmes County

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Capital Adequacy

5,000

10,000 15,000 20,000 25,000 30,000 35,000 40,000

Common Equity Tier 1 Total Risk BasedCapital Tier 1 Risk Weighted Tier 1 Adjusted

Actual FFD Required For Well Capitalized

(000’s)

Fiscal year end June 30, 2018

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Net Interest Margin

3.63% 3.53% 3.63% 3.62% 3.68% 3.54% 3.53% 3.70% 3.68% 3.82%

3.00% 3.20% 3.40% 3.60% 3.80% 4.00% 2014 2015 2016 2017 2018 FFD Net Interest Margin S&P US Commercial Bank $300-$500m

Last Twelve Months ended 06/30/18

Source: S&P Global Market Intelligence

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Selected Credit Quality Numbers & Ratios

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Non-Performing Assets (NPA) to Assets

0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 0.31% 1.05% 0.73% FFD Financial S&P US Comm Banks $300-$500m S&P US Commercial Banks

(Last Twelve Months ended 06/30/18) (NPA = NPLs + OREO + Other Nonaccrual Assets)

Source: S&P Global Market Intelligence

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% Net Charge-Offs to Avg. Loans

0.000% 0.150% 0.300% 0.450% 0.600%

0.02%

0.14% 0.48%

FFD Financial S&P US Comm Banks $300-$500m S&P US Commercial Banks (Last Twelve Months ended 06/30/18)

Source: S&P Global Market Intelligence

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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

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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

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FFD Financial Corporation

Thank you for your support! Questions & Answers

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