April Investor Presentation

Investor Presentation

Confidentiality

This presentation is made available to you by Noah Bank on a confidential basis. It may not be reproduced, in whole or in part, nor may any its contents be disclosed or provided to any other person, without the prior written consent of Noah Bank. As a condition to this presentation being furnished to you, you agree that you will keep the information included in this presentation confidential and not disclose such information to any third party without Noah Bank’s prior written consent, except for (i)

information which was or becomes generally available to the public other than as a result of a disclosure by you or (ii) information that was previously available to you on a non-confidential basis.

Safe Harbor Regarding Forward Looking Statements

This presentation contains forward-looking information about Noah Bank that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as “believe,” “expect,” “may,” “will,” “should,’’ “project,” ”could,” “plan,’’ “goal,” “potential,” “pro forma,” “seek,” “intend,’’ or

“anticipate’’ or the negative thereof or comparable terminology, and include discussions of strategy, financial projections, guidance and estimates (including their underlying assumptions), statements regarding plans, objectives, expectations or consequences of announced transactions, and statements about the future performance, operations, products and services of Noah Bank and its subsidiaries. Noah Bank cautions readers not to place undue reliance on these statements.

Noah Bank’s business and operations are subject to a variety of risks, uncertainties and other factors. Consequently, actual results and experience may materially differ from those contained in any forward-looking statements. Such risks, uncertainties and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: difficult conditions in the capital markets and the economy generally, regulatory requirements or other actions

mandated by Noah Bank’s regulators, recent and ongoing changes to the state and federal regulatory schemes under which Noah Bank and other financial services companies operate (including the Dodd-Frank Act and regulations adopted or to be adopted to implement that Act), delayed improvement in the credit quality of loans, the effect of credit risk exposure, the ability to

strategically manage our capital position and to raise capital, allowance for loan losses may prove inadequate, variations in interest rates, the geographic concentration of Noah Bank’s operations, declines in the value of Noah Bank’s assets and the effect of any resulting impairment charges, competition for personnel and from other financial institutions, interruptions or breaches of Noah Bank’s security systems, the development and maintenance of Noah Bank’s information technology, potential dilution of Noah Bank’s shareholders, the ability of Noah Bank and its subsidiaries to pay dividends, severe weather and natural disasters, and the nature and frequency of litigation and other similar proceedings to which Noah Bank may be a party . These risks and others are described in greater detail in Noah Bank’s Private Placement Memorandum. Noah Bank makes no commitment to revise or update any looking statements in order to reflect events or circumstances occurring or existing after the date any forward-looking statement is made.

NOAH BANK WAS LAUNCHED AS Royal Asian Bank,

A DIVISION OF Royal Bank America

•

Royal Asian Bank was originally launched in 2004 as a

division of Royal Bank America, a wholly-owned

subsidiary of Royal Bancshares of Pennsylvania, Inc.

(NASDAQ: RBPAA).

•

Royal Asian Bank became a separately chartered bank

and was incorporated in the Commonwealth of

Pennsylvania on October 4, 2005, chartered by the

Commonwealth of Pennsylvania Department of

Banking, and commenced operation as a Pennsylvania

state-chartered bank on July 17, 2006.

•

On December 30, 2010, Edward E. Shin, CEO of Noah

Bank, together with a group of Korean-American

investors, completed the acquisition of Royal Asian

Bank from Royal Bancshares of Pennsylvania.

•

The bank was re-named Noah Bank on June 1, 2011.

NOAH BANK HAS SHOWN CONSISTENT GROWTH AND EXPANSION,

AFFIRMING OUR STRATEGIES

•

Noah Bank is committed to serving the small business

market and is ranked as the 6

_{most active SBA 7(a)}

lender in the United States.

•

Noah Bank has expanded to include 5 full service

branches and 2 loan production offices, all in the

Northeast US region. We recently opened our 2

_loan

production office in the Washington, D.C. Metro area,

and are in the process of opening a 3

_{in the Los}

Angeles area.

•

Noah Bank has shown consistent growth across all

metrics, most notably in Net Income and Deposits.

•

Noah Bank’s pre-tax income grew 125% in 2013.

•

In 2013, Noah Bank won a Gold Medal Award from the

SBA NY District Office, and a District Director’s Award

from the NJ District Office as the #1 Small Loan

Advantage Lender in the state.

HIGHLIGHTS

1. As of the end of the SBA’s 2nd_{Fiscal Quarter, March 31, 2014.}

2. As of 3/25/2014

3. 11/20/2013

3 1

Most Active SBA 7(a) Lenders

1.

Wells Fargo Bank

2.

Live Oak Banking Company

3.

US Bank

4.

Huntington National Bank

5.

JPMorgan Chase

6.

Noah Bank

7.

Ridgestone Bank

8.

Newtek Small Business Finance

9.

Celtic Bank Corporation

NOAH BANK HAS BRANCHES/LOAN PRODUCTION OFFICES IN 4 STATES

SERVING A PRIMARY TARGET MARKET OF 6 STATES AND WASHINGTON, D.C.

Noah Bank

has 5 Branches in:

Fort Lee, NJ

Palisades Park, NJ

New York, NY

Flushing, NY

and

Elkins Park, PA

and 2 Loan Production Offices in:

Edison, NJ

and

NOAH BANK BALANCES PORTFOLIO LENDING WITH

THE GENERATION AND SALE OF SBA 7(a) LOANS

•

Noah Bank is a Community Bank Focused on

Small-Business Lending.

•

Our Loan offering of choice is the SBA 7(a)

–

75% of SBA 7(a) Loans above $150k are guaranteed by the US

government.

–

Allows opportunity to sell guaranteed portion in Secondary

SBA Market.

•

The sale of the guaranteed portion provides up-front and

deferred fee income, and liquidity to provide more loans.

•

Approximately 25% of gains on sales are deferred under ASC

860.

•

Servicing income of 1% of the loan amount provides future

annuity.

•

We place non-SBA loans and the unguaranteed portions of

SBA loans on our balance sheet to provide on-going

interest income.

•

The US Government continues to support various SBA Loan

products through fee waivers and program extensions in

an effort to bolster US economic recovery.

•

Deposit Accounts from borrowers are required for all loans

from Noah Bank and is non-negotiable.

NOAH BANK TARGETS ONE OF THE FASTEST GROWING AND

SUCCESSFUL DEMOGRAPHICS IN THE US

1. US Census Bureau 2013

2. A Partnership for A New American Economy 8/2012 3. SBA Office of Advocacy 5/2012

•

Noah Bank targets the Asian community, the

largest growing immigrant population in the

US

_{, with a focus on small business owners from}

South Korea and India (South Asia).

•

The $109 billion in business income generated

by immigrant-owned firms across the US in

2010 was a 60 percent increase from 2000, $9.1

billion of which came from Indian immigrants

and $7.1 billion from Korean immigrants.

•

Minority-Owned firms outpace the growth rate

of Non-Minority firms but are less likely to

receive bank loans and equity investments.

Noah Bank strives to target these strong but

underserved businesses.

NOAH BANK HAS SHOWN CONSISTENT GROWTH IN LOANS OUTSTANDING

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

2011

2012

2013

NOAH BANK HAS A BALANCED MIX OF COMMERCIAL AND SBA LOANS

SBA Loans

Non-SBA Commercial Loans

Consumer Loans

NOAH BANK HAS CONSISTENTLY GROWN DEPOSITS

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

2011

2012

2013

NOAH BANK HAS AN ATTRACTIVE DEPOSIT MIX

*Data as of 3/31/2014

Demand (Checking)

NOW (Checking with Interest)

Money Market

Savings

Certificates of Deposit

Brokered CDs

NOAH BANK MAINTAINS A STRONG LEVEL OF ALLOWANCE OF LOAN LOSSES

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

2011

2012

2013

Allowances for Loan Loss

Percentage of Loans

NOAH BANK HAS REPORTED STRONG PRE-TAX EARNINGS GROWTH

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

2011

2012

2013

NOAH BANK’S STOCK IS PRIVATELY HELD AND IS NOT PUBLICY LISTED

•

Noah Bank’s Capital has shown consistent growth due to stock purchases by new

investors and retained earnings.

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

2011

2012

2013

NOAH BANK BOASTS AN EXPERIENCED MANAGEMENT TEAM

Chairman of the Board - Young Man Kim

Y.M. Kim is the former Chairman and CEO of SK Global America Inc. and Vice Chairman of

SK USA and SK America. Before joining SK, Mr. Kim was with the Bank of Korea and the

Korea Exchange Bank for over a decade. Mr. Kim also served as the Chairman of the Korean

Chamber of Commerce and Industry in the USA (KOCHAM). Young Man Kim is a graduate

of Seoul National University.

Chief Executive Officer – Edward E. Shin

Edward Shin has been the President and Chief Executive Officer of Noah Bank since the

Bank’s original formation. Prior to that, he served as a Director and President of Pan Asia

Bank N.A., before Pan Asia’s parent holding company sold Pan Asia Bank N.A. to Woori

America Bank, one of Noah Bank’s primary competitors. Mr. Shin has been in the banking

business for more than a decade. Mr. Shin is a graduate of UCLA.

President – Michael R. Reinhard

Mike Reinhard has more than 30 years of banking experience, most recently as a Group

Executive Vice President and CFO for National Penn Bancshares, Inc. and National Penn

Bank. Mr. Reinhard was originally Noah Bank’s CFO and was named President in

September 2013. Mr. Reinhard has an MBA from St. Joseph’s University.

Chief Financial Officer – Frank Gleeson

Frank Gleeson has served in the financial services industry for over thirty years, having

served as CFO for several financial institutions including BankAsiana, Mariners Bank,

Ocean City Home Bank and Anchor Savings. Mr. Gleeson also served as a Bank Examiner

with the New Jersey Department of Banking, has been an Adjunct Professor of Finance for

the Richard Stockton College of New Jersey, and has an MBA from Monmouth University.

NOAH BANK BOASTS AN EXPERIENCED MANAGEMENT TEAM

Chief Administrative Officer – Yeon Sun Lim

Yeon Sun Lim is a graduate of the Inha Graduate School in Incheon, South Korea, and

manages the bank’s branches, HR, IT, facilities, as well as the SBA Small Loan Advantage

Program.

President of Indo-American Unit – Sanjay Patel

Sanjay Patel has been a prominent loan source for the Indian business community for

more than 17 years, having closed more than $600 Million of Small business loans. Prior to

joining Noah Bank, he was SVP/Head of the SBA loan department with Unity Bank. Before

joining Unity Bank, he was a Partner in Creative Capital Group, an Edison based business

loan consulting group. Mr. Patel has an MBA from Florida A&M University.

President of Washington, D.C. Area Unit – JunWoo Kim

JunWoo Kim has over 15 years of banking experience, having spent many years as a credit

analyst and loan officer at Korea Exchange Bank and Chohung Bank of New York, as Credit

Department Administration Unit Manager at Millennium Bank and as a relationship

manager at Woori America Bank, one of our primary competitors. Mr. Kim is a graduate of

the New York Institute of Technology.

Chief Accounting Officer & Controller– Janice McCracken

Janice McCracken brings over 20 years of banking experience to Noah Bank, and was EVP

and CFO at National Penn Bank. Ms. McCracken has an MBA in Accounting from DeSales

University and has consulted for Habitat for Humanity.

NOAH BANK PROVIDES A COMPELLING VALUE PROPOSITION

•

Noah Bank has shown great success in just a few short years and we plan

to continue driving forward with our core strategies. Our early investors

and customers continue to be rewarded by our growth and profitability.

•

Noah Bank will keep establishing ourselves as a leader in a niche market

targeting a growing demographic. Our geographical expansion will

provide opportunities to replicate our success with new customers and

communities, while evolving our business to address a changing economy.

•

Noah Bank’s success with SBA 7(a) Loans has created a strong foundation

that provides long-term revenue, builds a trustworthy reputation and

establishes sturdy financial groundwork on which to build and expand our

presence. As the government continues to promote and support small

businesses around the US as part of the overall economic recovery, Noah

Bank will continue to seize the opportunities presented by the SBA and

their backing of loan products.

Appendix

BALANCE SHEET

* 2011-2013 Audited, 1Q2013 and 2014 Unaudited

2014 2013 2013 2012 2011

Assets

Cash and Due from Banks 717 246 1,994 1,350 2,060 Interest Beari ng Deposits

i n Other Banks 26,472 68,614 15,769 41,389 43,206 Federal Funds Sold and

Securi ties Purchased 1,660 - 1,460 - -Securiti es available for Sale 2,309 13,882 2,504 19,080 28,178 LHFS, Loans Held For Sale 12,777 1,541 14,180 13,334 8,601 Loans, Net of Unearned Income 256,930 156,707 222,006 145,772 81,543 ALLL, Allowance for Loan & Lease Losses (5,812) (3,906) (5,314) (3,247) (378) Loans Receivable, Net of Allowance

and Unearned Income 251,118 152,801 216,692 142,525 81,165

Ba nks Premi s es a nd Equi pment, Net 2,984 2,374 2,693 2,293 2,171 Other Assets 12,177 9,699 11,184 8,741 3,808 Total Assets 297,437 247,616 266,476 228,711 169,190 Liabilities Deposits: Non-Interest Bearing 40,933 33,405 38,965 35,262 18,837 Interest Bearing 221,188 190,396 197,007 171,870 133,559 Total Deposits 262,121 223,801 235,972 207,132 152,396 All Other Liabiliti es 5,673 1,620 4,097 1,388 4,438 Total Liabilities 267,794 225,421 240,069 208,520 156,835 Shareholders' Equity Common Stock 25,303 18,069 22,655 17,320 12,525 Surplus - 1,818 142 (2) Retained Earnings 4,297 3,817 1,877 2,392 (445) Accumulated Other Comprehensive Income 43 308 58 337 277 Total Shareholders' Equity 29,643 22,194 26,407 20,191 12,355

Total Liabilities & Shareholders' Equity 297,437 247,616 266,476 228,711 169,190 (Dollars in thousands, except per share data) Quarter Ended March 31 December 31

INCOME STATEMENT

2014 2013 2013 2012 2011

Interest Income

Loans, including fees 3,419 2,396 11,206 8,098 4,701 Investment Securities 27 107 262 491 300 Dividends and other 229 283 114 108 35

Total Interest Income 3,675 2,786 11,581 8,696 5,036 Interest Expense

Deposits 528 593 1,988 2,329 1,064 Borrowings 8 - 21 -

Total Interest Expense 536 593 2,009 2,329 1,064

-Net Interest Income 3,139 2,194 9,572 6,367 3,971 Provisions for Loan Losses 570 786 2,658 3,768 835

Net Interest Income after Loan Losses 2,569 1,408 6,914 2,599 3,136

Non-interest Income

Service Charges on Deposit Accounts 144 122 1,911 1,036 464 Gain on Sale of Securities - 71 258 152 14 Other Non-interest Income 6,619 4,090 13,049 10,105 2,660

Total Non-interest Income 6,763 4,283 15,219 11,293 3,138

Non-interest Expense

Salaries and Employee Benefits 2,045 1,145 8,820 6,161 3,047 Net Occupancy 545 510 2,455 1,699 1,107 Other 2,709 1,734 5,005 3,433 1,994

Total Non-interest Expense 5,299 3,389 16,281 11,293 6,148

Income Before Taxes 4,033 2,301 5,852 2,600 126 Taxes and Adjustments 1,613 876 2,361 (1,211) 9

Net Income As Reported 2,420 1,425 3,491 3,811 117

(Dollars in thousands, except per share data) Three months ended March 31 December 31