Need Suggestions to Refactor Code

Today I have just seen the code which I wrote 3 Years ago, Using I think Visual Studio 2008.

I am surprised how Visual Studio has become Intelligent.

It's showing me some fixes, as Unreachable code detected (return false)

public bool ADD(BankBEL objBankMasterBEL)

{

bool result = false;
BankDAL objDAL = new BankDAL();
if (objDAL.IsRecordExist(objBankMasterBEL))
{

throw new Exception("This name already exists..");

return false;

}
result = objDAL.ADD_BANKMASTER(objBankMasterBEL);
return result;

}