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): July 29, 2014
First Business Financial Services, Inc.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
 
Wisconsin
 
1-34095
 
39-1576570
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
401 Charmany Drive
Madison, Wisconsin 53719
(Address of principal executive offices) (Zip code)
(608) 238-8008
(Registrant’s telephone number, including area code)
N/A
(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 (see General Instruction A.2. below):
¨
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.
On July 29, 2014, First Business Financial Services, Inc. (the “Company”) (NASDAQ: FBIZ) posted an investor presentation to its website www.firstbusiness.com under the “Investor Relations” tab. The information included in the presentation provides an overview of the Company’s recent operating performance, financial condition, and business strategy. The Company intends to use this presentation from time to time when Company executives interact with shareholders, analysts and other third parties. A copy of the registrant’s presentation is being “furnished” as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information in this Current Report on Form 8-K and Exhibit 99.1 attached hereto are being “furnished” pursuant to Item 7.01 of Form 8-K, and will not, except to the extent required by applicable law or regulation, be deemed “filed” by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor will any of such information or exhibits be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibit is being “furnished” as part of this Current Report on Form 8-K:
 
 
 
99.1

 
Slides from Investor Presentation






Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
Date: July 29, 2014
 
First Business Financial Services, Inc.
 
 
 
By:
 
/s/ James F. Ropella
 
 
Name:

 
James F. Ropella

 
 
Title:
 
Chief Financial Officer





FIRST BUSINESS FINANCIAL SERVICES, INC.
Exhibit Index to Current Report on Form 8-K
Exhibit
Number
99.1         Slides from Investor Presentation.







Ex. 99.1
Investor Presentation July 2014





Forward-Looking Statement





Corporate Profile





History of First Business





Footprint





Senior Executive Team





Senior Executive Team





Corporate Strategy










Strategic Objectives:
Drive top line revenue growth
Achieve additional improvement in pre-tax adjusted earnings
Continue to leverage operating model to maintain efficiency
Continue to capture transaction deposits to strengthen our mix of in-market funding and reduce our cost of funds
Maintain strong asset quality
Maintain strong ROA
Opportunistically invest in talent for future growth and profitability





Top Line Revenue





Pre-Tax Adjusted Earnings





Efficiency Ratio & FTEs





Deposit Composition





Funding Strategy





Asset Quality Trends





Cumulative Net Charge-Offs as a Percentage of 12/31/07 Loans and Leases





Return on Average Assets





Return on Average Equity










Recent Financial Highlights





Loan and Lease Composition





Loan Growth & NIM Expansion





Trust Assets and Revenue





Tangible Common Equity





Earnings Per Share










Investment Highlights





Loan and Lease Growth Opportunity





Significant Deposit Growth Opportunity





FBIZ Valuation: Price Increase Since 2012 Common Stock Offering





FBIZ Valuation: P/E Trend Since 2012 Common Stock Offering










Appendix: Financial Highlights





Appendix: Yield and Cost Trends





Appendix: Asset Quality Data and Ratios





Appendix: Pre-Tax Adjusted Earnings





Appendix: Efficiency Ratio





Appendix: Tangible Book Value Per Share





Appendix: Tangible Common Equity to Tangible Assets





Appendix: Cost of Total Deposits





Appendix: Texas Ratio





Appendix: Cumulative Net Charge-Off Percentage








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