Sandler O’Neill + Partners, LP
East Coast Financial Services Conference
November 9-11, 2011
Forward-Looking Statements
This presentation contains forward-looking statements relating to the financial condition, results of operations and business of MidWestOne Financial Group, Inc. Forward-looking statements generally include words such as believes, expects, anticipates and other similar expressions. Actual results could differ materially from those indicated. Among the important factors that could cause actual results to differ materially are interest rates, changes in the mix of the company’s business, competitive pressures, general economic conditions and the risk factors detailed in the company’s periodic reports and registration statements filed with the Securities and Exchange Commission. MidWestOne Financial Group, Inc. undertakes no obligation to publicly revise or update these forward-looking statements to reflect events or circumstances after the date of this presentation.
MidWestOne Overview
Symbol: MOFG on NASDAQ Global Select
Headquarters: Iowa City, Iowa
Assets: $1.6 Billion 1 4th Largest Based in Iowa
Market Cap: $122.74 Million 2
Employees: 392 Employees 2 380 Bank, 12 Insurance
Recent Price: $14.44 2
52 Week Range: $12.20 - $16.00 2
Iowa City The MidWestOne Footprint Along the Avenue of the Saints
Forbes
2011 No. 13 “Best Cites for Business and Careers”
MSN CareerBuilder
2010 “Top Towns for Jobs
Richard Florida, author of the Creative Class
2010 No. 10 “Best Cities for College Grads”
Corporation for National & Community Service
2011 No. 3 for volunteer rate
Men’s Journal
2010 “Healthiest Town in the United States
CNN/Money Magazine
Johnson County, Iowa, among Top 25 “Where the Jobs Are 2010” with over 22% growth in the past decade
Iowa City among the Top 100 “Best Places to Live 2010”
Milken Institute’s Best Performing Cities Index
2010 Iowa City No. 9 in the “Where America’s Jobs Are Created and Sustained” index
US News & World Report
2011 University of Iowa No. 28 national public universities and 24 programs ranked among top 10
2011 UI Hospitals & Clinics placed among the top hospitals in 9 of 16 specialties
2010 US Census
50.3% of Johnson County, Iowa, residents hold a Bachelor’s Degree or Higher. The National Average is 27.9%
Asset Quality
MidWestOne Capital
MidWestOne Bank 09/30/2011 Regulatory Guidelines
Risk Based Capital/Risk Weighted Assets 12.55% 10.00%
Tier 1 Capital/Risk Weighted Assets 11.29% 6.00%
Leverage Ratio 8.54% 5.00%
MidWestOne Financial Group, Inc. 09/30/2011 Internal Guidelines
Tangible Common Equity/Tangible Assets 9.01% 7.50 - 9.00%
Total Shareholders Equity/Total Assets 9.60% 7.50 - 9.00%
Earnings Per Share
