8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  September 2, 2014

The Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Commission File Number:  000-51018

Delaware	23-3016517
(State or other jurisdiction of	(IRS Employer
incorporation)	Identification No.)

409 Silverside Road

Wilmington, DE 19809

(Address of principal executive offices, including zip code)

302-385-5000

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD Disclosure.

The Bancorp Inc. (the “Company”), will make available and distribute to analysts and prospective investors a slide presentation. The presentation materials include information regarding the Company’s operating and growth strategies and financial performance. The presentation materials will also be posted to the Company’s website. Pursuant to Regulation FD, the presentation materials are attached hereto as Exhibit 99.1.  The information in this Current Report, including the exhibit hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

Item 9.01. Financial Statements and Exhibits.

(d) The following exhibits are included with this report:

Exhibit No.	Exhibit Description
99.1	Slide presentation

Signature(s)

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	The Bancorp, Inc.
Date: September 2, 2014	By:	/S/    PAUL FRENKIEL
		Paul Frenkiel
		Chief Financial Officer and Secretary

EX-99.1

INVESTOR PRESENTATION

Second Quarter, 2014

Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995:

Statements in this presentation regarding The Bancorp, Inc.’s business that are not historical facts are

“forward-looking statements” that involve risks and uncertainties. These statements may be identified

by the use of forward-looking terminology, including the words “may,” “believe,” “will,” “expect,”

“anticipate,” “estimate,” “intend,” “plan," or similar words. These forward-looking statements are based

upon the current beliefs and expectations of The Bancorp, Inc.’s management and are inherently

subject to significant business, economic, regulatory, and competitive uncertainties and contingencies,

many of which are difficult to predict and beyond our control.For further discussion of these risks and

uncertainties, see the “risk factors” sections of The Bancorp, Inc.’s Annual Report on Form 10-K for

the year ended December 31, 2013, Quarterly Report on Form 10-Q for the three and six months ended

June 30, 2014, and other of its public filings with the SEC. In addition, these forward-looking statements

are subject to assumptions with respect to future strategies and decisions that are subject to change.

Actual results may differ materially from the anticipated results discussed in these forward-looking
statements. The forward-looking statements speak only as of the date of this presentation.

The Bancorp, Inc. does not undertake to publicly revise or update forward-looking statements in this

presentation to reflect events or circumstances that arise after the date of this presentation, except

as may be required under applicable law.

FORWARD LOOKING STATEMENTS

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•Strategic Goal:

–Create and grow a stable, profitable institution with the optimum reliance on capital,
risk management and technology, and manage it with knowledgeable and experienced

        management and senior officers

•Tactical Approach:

–Deposits - Utilize a branchless banking network to gather scalable deposits through
strong contractual relationships at costs significantly below peers

–Assets - Focus on asset classes including loans and securities appropriate to our
expertise to achieve returns above risk-adjusted peer net interest margins

–Non-Interest Income - Grow non-interest income disproportionately in relation to non
-interest expense through our deposit and asset approaches

–Operating Leverage - Leverage infrastructure investment to grow earnings by
creating efficiencies of scale

PLANNING FOR GROWTH WITH SAFETY AND SOUNDNESS

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PLANNING FOR GROWTH

4

Sources: Federal Reserve, FRB Boston, FRB Philadelphia, SRI Consulting, University of
Michigan, Mintel, Celent, Bank of America, comScore, Nielsen Mobile, Wall Street Journal,

AlixPartners, Pew Research Center

NON-INTEREST INCOME-GENERATING STRATEGIES:
GROWTH AND SUSTAINABILITY

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(1)Compound annual growth rate is calculated for the years 2010 through 2013.

(2)Excludes gains on sales of investment securities. For reconciliation detail,
please refer to the Non-Interest Income section of Post Provision Income
Reconciliation, in the Appendix.

8%
Increase

$

12%

58%

26%

27%

127%

-9%

-22%

$47,465

(2)

SCALABLE BUSINESS MODEL:
NON-INTEREST INCOME / NON-INTEREST EXPENSE

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(1)Compound annual growth rate is calculated for the years 2010 through 2013.

(2)Excludes gains on sales of investment securities and expenses we believe to be mostly nonrecurring, such as
lookback consulting expenses; 2011 includes a one-time gain of $718,000 related to a legal settlement.For
reconciliation detail, please refer to Appendix.

(3)Peers are comprised of insured commercial banks having assets greater than $3 billion; Data Source: Uniform
Bank Performance Report;Peer data for YTD 6/30/2014 is as of Q1 2014.

Columns represent TBBK (2)

COMPRESSED INTEREST RATE ENVIRONMENT:
NET INTEREST INCOME GENERATORS

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(2)

$

(1)Compound annual growth rate is calculated for the years 2010 through 2013.

(2)Other is comprised of net interest income produced by the following areas:Investment Securities, Leasing, Government Guaranteed
Lending, Institutional Banking, and CMBS.

OPERATING LEVERAGE: ADJUSTED OPERATING EARNINGS

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(1)Compound annual growth rate is calculated for the second quarters of 2010 through 2014.

(2)For reconciliation detail, please see Appendix.

$

ASSET QUALITY OVERVIEW

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Reserves/Loans

(1)Texas Ratio = (Non-accrual Loans + Restructured Loans + Loans 90+ days past due + OREO)/(Loss Reserves +
Tangible Equity). TBBK computed with consolidated capital. Sources: SNL Financial; FDIC Call Reports.

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PRIMARY DEPOSIT-GENERATING STRATEGIES: BUSINESS LINE
OVERVIEW

Total Deposits: $3.9 billion

Average Cost: 0.28%

(Aggregate US Banks Average Cost: 0.36%)(1)

(1)Aggregate US Banks data as ofQ1 2014

CATEGORY	Q2 2014 BALANCE (in thousands)	Q2 2014 AVG. COST
	$1,679,583	0.02%
	953,165	0.40%
	382,248	0.74%
	445,616	0.49%
	360,489	0.19%
	60,709	0.11%

DEPOSIT-GENERATING STRATEGIES: STICKY AND LONG-TERM

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(1)Percentages shown include deposits associated with private label

       agreements in the Healthcare, Institutional Banking, Prepaid and

       Payments Acceptance groups.Data is as of the end of the second

       quarter of 2014.

(2)Contracts associated with 98% of deposits in this segment are

        structured with an automatic renewal.

The Bancorp has long-
term, often exclusive
agreements in place with

its private label banking

partners.

(2)

•Strategic Goal:

–Create and grow a stable, profitable institution with the optimum reliance on capital,
risk management and technology, and manage it with knowledgeable and experienced

        management and senior officers

•Tactical Approach:

–Deposits - Utilize a branchless banking network to gather scalable deposits through
strong contractual relationships at costs significantly below peers

–Assets - Focus on asset classes including loans and securities appropriate to our
expertise to achieve returns above risk-adjusted peer net interest margins

–Non-Interest Income - Grow non-interest income disproportionately in relation to non
-interest expense through our deposit and asset approaches

–Operating Leverage- Leverage infrastructure investment to grow earnings by
creating efficiencies of scale

PLANNING FOR GROWTH WITH SAFETY AND SOUNDNESS

16

APPENDIX

17

21

Scalable Business Model Reconciliation

Category (dollars in millions)	2010	2011 (1)	2012	2013	YTD 6/30/2014	Q2 2013	Q2 2014
Total Non-Interest Income	$20.6	$30.6	$49.6	$83.4	$47.9	$22.4	$23.7
Gain on Sales of Investment Securities	(1.2)	(0.8)	(0.7)	(1.9)	(0.4)	(0.5)	(0.1)
Other Than Temporary Impairment	0.1	-	0.2	-	-	-	-
Non-Interest Income	19.5	29.8	49.1	81.5	47.5	21.9	23.6
TotalNon-Interest Expense	$61.7	$72.2	$88.2	$110.8	$68.8	$27.6	$35.8
BSA & lookback consulting expenses	-	-	-	-	(2.2)	-	(2.2)
Non-Interest Expense	61.7	72.2	88.2	110.8	66.6	27.6	33.6
Non-interest income/Non- interest expense	31.6%	41.3%	55.7%	73.6%	71.3%	79.3%	70.2%

(1)2011 includes a one-time gain of $718,000 related to a legal settlement

NOTES

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www.thebancorp.com

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