Ameriana Bancorp (ASBI) 8-K This presentation contains forward-looking statements, which

1

AMERIANA BANCORP

ANNUAL MEETING

THURSDAY, MAY 14,        

|

CEO PRESENTATION

: ASBI

Exhibit 99.1

2015

2

FORWARD-LOOKING STATEMENT

This presentation contains forward-looking statements, which

include statements about Ameriana’s future financial performance,

business plans and strategies. They often include words like

“believe,”

“expect,”

“anticipate,”

“estimate,”

and “intend”

or future or

conditional verbs such as “will,”

“would,”

“should,”

“could”

or “may.”

Forward-looking statements involve future risks and uncertainties

because of factors that could cause actual results to differ

materially from those expressed or implied.  Specific risk factors

and other uncertainties that could affect the accuracy of forward-

looking statements are included in Ameriana’s Form 10-K for the

year ended December 31, 2014. Ameriana does not undertake any

obligation to update forward-looking statements made in this

document.

3

AMERIANA BANCORP

ANNUAL FINANCIAL PERFORMANCE

(IN THOUSANDS)

Year Ended

December 31,

Interest Income

Interest Expense

Net Interest Income

Provision for Loan Losses

Non-Interest Income   

Non-Interest Expense

Income before Income Taxes

Income Tax Expense

Net Income

2014

2013

$18,146

$ 16,980

2,997

3,003

15,149

13,977

322

5,617

17,211

3,233

867

755

5,801

16,095

2,928

741

$   2,187

$  2,366

4

AMERIANA BANCORP

QUARTERLY FINANCIAL PERFORMANCE

(IN THOUSANDS)

Three Months

Ended March 31,

2015

2014

$  4,169

$  4,474

646

758

3,523

3,716

105

150

1,559

1,364

4,318

3,917

659

1,013

157

284

$     502

$     729

Interest Income

Interest Expense

Net Interest Income

Provision for Loan Losses

Non-Interest Income

Non-Interest Expense

Income before Income Taxes

Income Tax Expense

Net Income

5

AMERIANA BANK CAPITAL

(AS OF 3/31/15)

Bank

Peer*

Tier 1 Leverage Capital

9.40%

10.18%

Common Equity Tier 1 Capital

13.67

14.47

Tier 1 RBC/Risk Wtd. Assets

13.67

14.54

Total RBC/Risk Wtd. Assets

14.90

15.66

Source: FDIC UBPR 3/31/2015

*Peer group defined by FDIC for Ameriana is “Peer Group 3”

–

insured

commercial banks having assets between $300 million and $1 billion

6

AMERIANA BANK

KEY METRICS

(AS OF 3/31/15)

Bank

Peer*

Non-accrual Loans/Total Loans

1.41%

0.94%

NCL+ OREO/Lns. + OREO

3.37

1.64

Net Loss/Avg. Loans (1

st

Qtr Annualized)

0.03

0.07

ALLL/Total Loans

1.23

1.44

Current Rest. Loans/Total Loans

1.85

0.55

Source: FDIC UBPR 3/31/2015

*Peer

group

defined

by

FDIC

for

Ameriana

is

“Peer

Group

3”

–

insured

commercial

banks having assets between $300 million and $1 billion

7

AMERIANA BANCORP

FINANCIAL PERFORMANCE

(FIRST QUARTER 2015)

Positive Factors:

•

•

•

Net income of $502,000, or $0.17 per diluted share for the

first quarter of 2015

Declared a quarterly dividend of $0.04 per share, which

represented a $0.02 per share increase

Continued growth in tangible book value per share to $13.35

8

AMERIANA BANK

FINANCIAL PERFORMANCE

(FIRST QUARTER 2015)

Positive Factors:

•

•

•

o

•

Source: FDIC UBPR 3/31/2015

Total loans increased $3.7 million and strong pipeline at the end

of the first quarter

Total

deposits

increased

$11.6

million

–

growing

momentum

in

new Indianapolis metropolitan market banking centers

Assets per employee is improving ($ per million)

$3.34 compared to $3.33 in the same quarter in 2014,

($3.28 at 12/31/2014 and $3.23 at 12/31/2013)

Non-Interest income as a percent of Average Assets was higher

than

peer

at

1.31%

compared

to

peer

at

0.74%

for

1

st

Qtr.

2015.

*Peer

group

defined

by

FDIC

for

Ameriana

is

“Peer

Group

3”

–

insured

commercial

banks

having

assets

between

$300

million and $1 billion

9

AMERIANA BANK

FINANCIAL PERFORMANCE

(FIRST QUARTER 2015)

Negative Factors:

•

•

•

•

•

Source: FDIC UBPR 3/31/2015

*Peer

group

defined

by

FDIC

for

Ameriana

is

“Peer

Group

3”

–

insured

commercial

banks

having

assets between $300 million and $1 billion

Funding costs are somewhat higher than peer

Assets per employee remains lower than peer (i.e. excess

capacity)

DDAs, although increasing, remain below high-performing peer

banks

Other non-personnel expenses are higher than peer

Personnel and occupancy expense, due to number of new

offices, is higher than peer

10

AMERIANA BANK

FINANCIAL PERFORMANCE

(FIRST QUARTER 2015)

Profitability: (% of Avg. Assets)

Bank

Peer*

Interest Expense

Other Operating Expense

Occupancy Expense

Personnel Expense

Total Overhead Expense

Efficiency Ratio

Assets Per Employee ($ in millions)

Average Personnel Expense

Source: FDIC UBPR 3/31/2015

*Peer

group

defined

by

FDIC

for

Ameriana

is

“Peer

Group

3”

–

insured

commercial

banks

having

assets

between

$300 million and $1 billion

0.51%

0.40%

1.02

0.87

0.56

0.35

1.88

1.60

3.46

2.83

79.76

66.70

$3.34

$4.92

61.94

74.75

Per Employee

($ in thousands)

11

AMERIANA BANK

FINANCIAL PERFORMANCE

(FIRST QUARTER 2015)

Profitability: (%)

Bank

Peer

Avg. Earning Assets/Avg. Assets

87.98%

93.93%

Avg. Int. Bearing Fds/Avg. Assets

82.57

75.59

Int. Income/Avg. Earning Assets

4.01

4.13

NII/Average Earning Assets

3.44

3.70

Net Loans/Avg. Assets

66.76

65.07

Source: FDIC UBPR 3/31/2015

*Peer

group

defined

by

FDIC

for

Ameriana

is

“Peer

Group

3”

–

insured

commercial

banks

having assets between $300 million and $1 billion

12

AMERIANA BANK

FINANCIAL PERFORMANCE

(FIRST QUARTER 2015)

Profitability: (%)

Bank

Peer

AFS Securities/Avg. Assets

10.18%

18.79%

DDA/Avg. Assets

6.62

12.05

Core Deposits/Avg. Assets

79.92

77.08

FHLB/Avg. Assets

5.58

2.60

Source: FDIC UBPR 3/31/2015

*Peer

group

defined

by

FDIC

for

Ameriana

is

“Peer

Group

3”

–

insured

commercial

banks

having

assets

between $300 million and $1 billion

13

TOTAL LOANS

(DOLLARS IN THOUSANDS)

$326,573

$317,595

$317,087

$318,287

$316,960

$321,025

$324,723

12/31/2009

12/31/2010

12/31/2011

12/31/2012

12/31/2013

12/31/2014

3/31/2015

14

TOTAL DEPOSITS

(DOLLARS IN THOUSANDS)

$338,381

$337,978

$337,250

$356,703

$362,701

$378,947

$390,577

12/31/2009

12/31/2010

12/31/2011

12/31/2012

12/31/2013

12/31/2014

3/31/2015

15

NET INTEREST INCOME

(DOLLARS IN THOUSANDS)

$12,689

$13,411

$13,924

$14,187

$13,977

$15,149

$3,523

2009

2010

2011

2012

2013

2014

1Q2015

16

NET INTEREST MARGIN

(ON A FULLY TAX-EQUIVALENT BASIS)

3.08%

3.63%

3.73%

3.71%

3.63%

3.68%

3.45%

2009

2010

2011

2012

2013

2014

1Q2015

17

NON-PERFORMING LOANS

(DOLLARS IN THOUSANDS)

$9,053

$11,247

$8,828

$7,604

$5,067

$4,391

$4,571

12/31/2009

12/31/2010

12/31/2011

12/31/2012

12/31/2013

12/31/2014

3/31/2015

18

NON-ACCRUAL LOANS

(AS OF 3/31/2015)

($ in thousands)

Single-family residences –

Countrywide

originations (8 loans)

$ 1,762

Land for commercial development

836

Commercial real estate

812

Commercial

495

3,905

Single-family residences (13 loans)

607

HELOCs (6 loans)                                                

58

$ 4,570

Sub-total

Total

19

NON-PERFORMING LOANS/TOTAL LOANS

2.78%

3.54%

2.79%

2.39%

1.60%

1.37%

1.41%

12/31/2009

12/31/2010

12/30/2011

12/31/2012

12/31/2013

12/31/2014

3/31/2015

20

OREO

(DOLLARS IN THOUSANDS)

$3,881

$9,067

$9,067

$6,326

$5,172

$6,639

$6,606

12/31/2009

12/31/2010

12/31/2011

12/31/2012

12/31/2013

12/31/2014

3/31/2015

OTHER REAL ESTATE OWNED

(AS OF 3/31/2015)

($ in thousands)

Retail strip center (partially occupied) and one outlot  

$

1,985

Residential condominium development

1,536

Single

family

residence

–

rented

781

Developed commercial land

820

Undeveloped land and developed residential building lots

721

Commercial real estate

251

Undeveloped land

214

Developed commercial lot

113

Sub-total                                                            

6,421

Three single-family residences (unrelated)

185

Total                                                          

21

$ 6,606

22

OREO/TOTAL LOANS

1.19%

2.85%

2.38%

1.99%

1.63%

2.07%

2.03%

12/31/2009

12/31/2010

12/31/2011

12/31/2012

12/31/2013

12/31/2014

3/31/2015

23

NET CHARGE-OFFS

(DOLLARS IN THOUSANDS)

$1,166

$1,726

$1,465

$1,038

$1,001

$412

$24

2009

2010

2011

2012

2013

2014

1Q2015

24

NET CHARGE-OFFS/AVG. LOANS

0.35%

0.54%

0.47%

0.33%

0.31%

0.13%

0.01%

2009

2010

2011

2012

2013

2014

1Q2015

ALLOWANCE FOR LOAN LOSSES

(DOLLARS IN THOUSANDS)

$4,005

$4,212

$4,212

$4,239

$3,993

$3,903

$3,984

12/31/2009

12/31/2010

12/31/2011

12/31/2012

12/31/2013

12/31/2014

3/31/2015

25

ALLOWANCE FOR LOAN LOSSES/TOTAL LOANS

1.23%

1.33%

1.30%

1.30%

1.26%

1.22%

1.23%

12/31/2009

12/31/2010

12/31/2011

12/31/2012

12/31/2013

12/31/2014

3/31/2015

26

TROUBLED DEBT RESTRUCTURINGS (TDRS)

(DOLLARS IN THOUSANDS)

$268

$8,393

$9,016

$12,171

$11,558

$7,455

$7,395

12/31/2009

12/31/2010

12/31/2011

12/31/2012

12/31/2013

12/31/2014

3/31/2015

27

28

TROUBLED DEBT RESTRUCTURINGS

(TDRS -

AS OF 3/31/2015)

($ in thousands)

Hotel loan                                                      

$ 3,676

Substandard

Developed commercial land                                      

915     

Pass

Commercial (3 loans)                                            

186

Non-accrual

Subtotal                                                  

4,777

Single-family residence –

Countrywide origination                    240     

Pass

Single-family residence –

Countrywide origination                    206

Substandard

Single-family residence –

Countrywide origination (4 loans)     986

Non-accrual

Single-family residence                                                

967     

Pass

Single-family residence                                                

219

Substandard

$7,395

Total

29

•

To be a relevant and robust

alternative to “banking as

usual”

in central Indiana

•

To grow into new markets by

doing what it takes to

become a fully established,

leading citizen and business

advocate in each

neighborhood we serve

•

To uphold and act on the

core values of a true

community bank

OUR VISION

30

To engage every

customer in a meaningful

dialogue regarding their

financial needs and

provide advice and

financial solutions that

assist them in achieving

their goals

OUR MISSION

31

32

33

AMERIANA BUSINESS STRATEGY

•

Customer needs client strategy focused on building

long-term relationships

•

Disciplined, relationship-building culture along all

business units

•

Business units

o

Commercial

o

Consumer

o

Mortgage

o

Insurance

o

Financial Management

•

Primary focus is value creation through growth in

Indianapolis and legacy markets

34

AMERIANA COMMERCIAL STRATEGY

•

C&I / Owner-Occupied CRE / Investment Real Estate

•

Focused on small business and middle market clients

•

Target

loan

size

is

$25,000

-

$5

million

•

Working capital lines, equipment financing, letters of credit, term

real estate and interest rate risk tools available

•

SBA Lending expertise

•

Experienced lending team, primarily focused on Indianapolis

market

•

Full suite of depository products, mobile and online money

management tools, merchant processing, insurance and 401(k)

plan expertise

35

AMERIANA CONSUMER LENDING STRATEGY

•

Consumer lending focused on residential mortgage,

home equity, auto and other closed-end loans

•

Mortgage originators located in key markets within

our footprint

•

Fully-automated Loan Origination System in

compliance with all current regulations

•

Online consumer application system

36

AMERIANA RETAIL STRATEGY

•

Develop relationships focused on meeting financial

lifecycle needs and building products per household

•

On-The-Go Checking is key acquisition product

•

Focused on omni channel customer experience to

provide seamless integration between branch and

electronic delivery channels.

o

ATM access

o

Telephone Banking

o

Call Center

o

Online Banking

o

Mobile

Banking

–

check

deposit,

bill

pay,

alerts,

etc.

o

e-Account Opening

37

REGULATORY AND ENTERPRISE

RISK MANAGEMENT

•

Experienced ERM Team

o

Janelle

Gamble,

SVP

–

Chief

Risk

Officer

+

Compliance

and

CRA Officer

Gloria Corbin, BSA

Stephanie Cunningham, Compliance

Ron Holloway, Loan Review

Joan Kerulis and Debra Hay, Audit

38

CUSTOMER GROWTH TREND

Total

Customers

–

Business

&

Personal

16334

16942

17136

17788

18267

18558

19262

14500

15000

15500

16000

16500

17000

17500

18000

18500

19000

19500

2008 -

2014

39

5 YEAR GROWTH IN CHECKING ACCOUNTS

40

12,389

13,266

14,610

15,592

16,465

10000

11000

12000

13000

14000

15000

16000

17000

2010

2011

2012

2013

2014

SHIFT IN DEPOSIT MIX

Non-Maturity

Deposits

39%

41

12/31/08

CDs

61%

12/31/14

CDs

36%

Deposits

64%

Non-Maturity

5 YEAR GROWTH IN

DEBIT CARD INTERCHANGE

$568,609.01

$687,884.99

$737,072.89

$843,756.85

$960,203.49

$400,000.00

$500,000.00

$600,000.00

$700,000.00

$800,000.00

$900,000.00

$1,000,000.00

2010

2011

2012

2013

2014

42

5 YEAR GROWTH IN NSF/FOREIGN ATM

$400,000.00

$500,000.00

$600,000.00

$700,000.00

$800,000.00

$900,000.00

$1,000,000.00

$1,100,000.00

$1,200,000.00

2010

2011

2012

2013

2014

43

$827,900.73

$827,897.54

$914,066.58

$960,912.88

$1,068,849.82

INCREASE IN MOBILE BANKING USAGE

25% Increase in Mobile Banking Users

44

INCREASE IN MOBILE CHECK DEPOSIT

67% Increase in Mobile Deposits

45

INCREASE IN MOBILE PICTURE PAY

156% Increase in Picture Pay usage

46

Rating of Account Opening Experience

100% of those surveyed rated Ameriana at “Good”

or “Excellent”

CUSTOMER SURVEY RESULTS

47

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Poor

Fair

Good

Excellent

2008

2009

2010

2011

2013

2014

Likelihood of Using Additional

Ameriana Products and Services

In 2014, 92% said they would use additional services, compared to 84%

in 2013, 93% in 2011, 99% in 2010, 79% in 2009 and 74% in 2008.

CUSTOMER SURVEY RESULTS

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Very Unlikely

Unlikely

Likely

Very Likely

Not Sure

2008

2009

2010

2011

2013

2014

48

Likelihood of Recommending Ameriana

In 2014, 96% said they would use additional services, compared to

95% in 2013, 98% in 2011, 95% in 2010, 95% in 2009 and 98% in 2008.

CUSTOMER SURVEY RESULTS

49

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Very Unlikely

Unlikely

Likely

Very Likely

Not Sure

2008

2009

2010

2011

2013

2014

Name recognition and awareness built with

Ameriana name campaign.

AMERIANA’S TV SPOT

50

REDESIGNED WEBSITE

51

52

53

54

55

COMMUNITY SERVICE &

OUTREACH

56

New Castle Optimist of the Year

Cathy Crabtree

Ameriana Insurance Agency

57

Henry County United Fund’s

Spirit of Caring Business of the Year Award

COMMUNITY OUTREACH

58

Paul W. Prior Scholarship Winner

Ashley Criswell  (Diana Criswell’s daughter, New Castle Main)

COMMUNITY OUTREACH

59

•

Knightstown recognized as a Small Business Saturday Champion

•

Donated a total of $38,625 to 49 different area non-profit organizations

via

Checking It Forward

®

•

Sponsored Geist Half for 5

th

Year

which

raises

funds

to

fight

childhood

obesity

•

Westfield Banking Center held its 6th Annual Fall Festival to support the

Westfield Youth Assistance Program

60

Community

for the 3

rd

year in a row

Fishers Crossing

11991 FISHERS CROSSING

OPENED 2 BANKING CENTERS

Noblesville

107 W. LOGAN STREET

61

BROAD RIPPLE BANKING CENTER

59

TH

& COLLEGE AVENUE

Opening Fall 2015

62

2015 EARNINGS TARGETS

BANK

BANCORP

$3,208,000

$2,497,000

CHALLENGES FOR 2015

•

•

•

•

63

Fragile, slow moving economic recovery

Extremely competitive commercial loan market

Net interest margin compression resulting from ongoing low

interest rate environment

Initial costs associated with retail expansion strategy

STOCK PERFORMANCE

(July 2012 –

Present)

Source: SNL Financial 5/11/2015

64

STOCK PERFORMANCE

Change %

As of 5/11/2015

YTD

1 Year

3 Years

ASBI

(9.73)

19.29

212.15

SNL Bank & Thrift

0.82

13.13

62.81

SNL Bank < $500mm

6.31

10.14

58.03

KBW Bank

1.12

10.36

58.95

NASDAQ Bank

1.00

9.59

49.69

SNL Micro Cap

2.22

10.41

52.34

Source: SNL Financial

65

AMERIANA FRANCHISE HIGHLIGHTS

•

Focused on improving shareholder value

•

Increased dividend

•

Growth strategies focused on building relationships, growing

deposits and fee revenue

•

Investments in Indianapolis area are producing results

•

Well-capitalized with ability to support further organic growth

•

Able to effectively manage to increased regulatory requirements

66

DONALD C. “DANNY”

DANIELSON

1919-2015

•

Director of Ameriana Bank

since 1971

•

Director of Ameriana

Bancorp since 1990

67

QUESTIONS?

68