EX-99 3 p19886_ex99-1.txt REFERENCE TO PDF FILE North Bay Bancorp Logo NASDAQ: NBAN Keefe, Bruyette & Woods Community Bank Investor Conference August 2, 2006 Presenters: Terry L. Robinson, President & CEO Michael W. Wengel , EVP, Chief Financial Officer Safe Harbor Statement o This presentation contains forward-looking statements that are: - Subject to contingencies & uncertainties, - Not a guarantee of future performance, - Based on assumptions that may change, - Not to be relied on unduly. o Many factors are beyond our ability to control or predict, including factors such as: - Interest rate volatility. - Economic conditions. - Asset performance. - Ability to control costs. - Successful acquisition assimilation. o We assume no obligation to update this data. o Please see risk factors in NBAN's SEC filings. North Bay Bancorp Logo 2 A BRIEF HISTORY o The Vintage Bank opened for business in Napa in January, 1985 with capital of $3.1 million o A $2 million secondary offering was issued in 1994 to support organic growth o North Bay Bancorp was formed in 1999 o Solano Bank opened in July 2000 with 3 offices, partially capitalized with a $5 million secondary offering o Three Boards were merged & reduced in 2004; Charters merged in 2005; combined Board reduced to 11 in 2006 North Bay Bancorp Logo 3 WHY INVEST IN NBAN? o Board & Management o Markets & Core Deposit Base o Asset Quality o Historical Consistency & Low Risk Profile o EPS Growth Potential North Bay Bancorp Logo 4 DIRECTORS David B. Gaw Chairman, Attorney Richard S. Long Vice Chairman, CEO Regulus Group, LLC Thomas N. Gavin Financial Planning Fred J. Hearn, Jr. CEO, Hearn Pacific Corporation Thomas F. Malloy Insurance Conrad W. Hewitt Former California Superintendent, DFI Former Managing Partner, Ernst & Young Thomas Shelton President & CEO, Joseph Phelps Vineyards Stephen C. Spencer Commercial Real Estate Denise C. Suihkonen Certified Public Accountant James E. Tidgewell Certified Public Accountant North Bay Bancorp Logo 5 EXECUTIVE MANAGEMENT Terry L. Robinson President & CEO since 1988 Glen C. Terry President, The Vintage Bank Joined in 1999 John Nerland Senior Executive Vice President, Chief Credit Officer Joined in 2002 Virginia Robbins Executive Vice President Chief Operating Officer Joined in 2006 Michael W. Wengel Executive Vice President Chief Financial Officer Joined in 2006 Stephanie Rode Senior Vice President Risk Management Joined in 2003 North Bay Bancorp Logo 6 AREAS WE SERVE [Map Omitted] North Bay Bancorp Logo 7 NAPA COUNTY DEPOSIT MARKET SHARE [Pie Graphic Omitted] North Bay Bancorp Logo 8 SOLANO COUNTY DEPOSIT MARKET SHARE [Pie Graphic Omitted] North Bay Bancorp Logo 9 TOTAL DEPOSITS June 30, 2005 June 30, 2006 $510 Million $482 Million [Pie Graphic Omitted] [Pie Graphic Omitted] North Bay Bancorp Logo 10 ASSET QUALITY [The Vintage Bank Logo Omitted] [Solano Bank Logo Omitted] North Bay Bancorp Logo 11 NON-PERFORMING ASSETS/TOTAL ASSETS [Graph Omitted] North Bay Bancorp Logo 12 WHY STELLER ASSET QUALITY? o Credit Culture o Consistent Underwriting o Relationship Banking o Lend within our Markets o Lend within Industries we Understand North Bay Bancorp Logo 13 LOAN PORTFOLIO June 30, 2005 June 30, 2006 $434 Million $450 Million [Pie Chart Omitted] [Pie Chart Omitted] North Bay Bancorp Logo 14 A HISTORICAL PERSPECTIVE [Picture Omitted] North Bay Bancorp Logo 15 ASSETS [Graph Omitted] North Bay Bancorp Logo 16 NET INCOME [Graph Omitted] North Bay Bancorp Logo 17 RETURN ON AVERAGE ASSETS [Graph Omitted] North Bay Bancorp Logo 18 RETURN ON AVERAGE EQUITY [Graph Omitted] North Bay Bancorp Logo 19 ANNUAL OPERATING EFFICIENCY [Graph Omitted] North Bay Bancorp Logo 20 EARNINGS PER SHARE [Graph Omitted] North Bay Bancorp Logo 21 MARKET CAPITALIZATION [Graph Omitted] North Bay Bancorp Logo 22 FIVE YEAR STOCK PERFORMANCE [Graph Omitted] North Bay Bancorp Logo 24 RISK PROFILE [Picture Omitted] North Bay Bancorp Logo 24 BALANCE SHEET o Investment Portfolio . Agencies, municipals and mortgage-backed PAC's & vanilla pass throughs . No derivatives, structured notes, preferred stock, etc. o Loan Portfolio - Clean o No Significant Intangible Assets o Stable Demand Deposit Base North Bay Bancorp Logo 25 EARNINGS o Interest Rate Risk Near Zero . Slightly asset sensitive in short run . Slightly liability sensitive in longer run o No dependency on Cyclical Revenues o Low Cost Deposit Base Best Defense Against a Flat Yield Curve North Bay Bancorp Logo 26 WHAT'S NEXT? [Picture Omitted] North Bay Bancorp Logo 27 2006 - 2007 PLANS o Strengthen "Middle" Management in Key Areas o Capture Automation Opportunities & Improve Processes in General o Capture FTE Improvement Opportunities flowing from Management Upgrades and Automation of Processes o Expand "Niche" Market Opportunities (Example: Professional Practice Finance Product) o Enter Contra Costa County . Contiguous market - large population & deposit base . Minimal community bank competition in targeted geographic sections North Bay Bancorp Logo 28 SUMMARY & CONCLUSION o NBAN is an Exceptional Franchise . Stable . Premier Markets . Low Risk o Positive Outlook . Solid Organic Growth . Increasing Earnings Trend North Bay Bancorp Logo 29 ON -SITE VISITS ARE ENCOURAGED [Picture Omitted] North Bay Bancorp Logo 30