Ameris Bancorp · NYSE:ABCB
Ameris Bancorp — Keefe, Bruyette & Woods Community Bank Investor Conference August 2011
16 slides from Ameris Bancorp's conference presentation, Aug 2, 2011
Slide 1: Keefe, Bruyette & Woods Community Bank Investor Conference August 2011
Exhibit 99.1 ExhibitBruyette Keefe, Community 99.1 Bank& Investor Woods Conference August 2011
Slide 2: Cautionary Statement
Cautionary Ameris Company’s periods financial in measures. useful This 1934, which that 2aassummary aaccordance any result presentation as in they and Bancorp such amended. their performance The ofof Statements were operations demonstrate various forward-looking certain evaluation with Company made.
Slide 3: Corporate Profile
Corporate Profile • Headquartered in Moultrie, Georgia • Founded in 1971 as the American Banking Company • Historically grown through acquisitions of smaller banks in areas close to existing operations • Recent growth through de novo expansion strategy and 8 FDIC-assisted transactions • Four state f
Slide 4: Experienced Management Team
Experienced NAME EXPERIENCE PREVIOUS Edwin Andrew Dennis 18/6 Jon EVP 27/12 Cindi 4Management S.Flag &H. NationsBank, Edwards W. J. Chief /B. Lewis POSITION Zember Financial Hortman Cheney EXPERIENCE Management and Financial Credit (Banking EVP, Board Jr.EVP Jr. Corporation Federal Officer Chief Chi
Slide 5: 2011 Operating Focus
Current -FDIC -Traditional Continue •-Continue -Aggressively Position -Build 5-Gain 2011operating NPLs momentum unique Assisted pace down Focus Ameris the Improving 4 of M&A quarter Company 36% non-interest value “in-migration” acquisitions leverage Bank –on from trend and Rapidly Credit loan as tot
Slide 6: Loan Portfolio Detail
Covered Construction Owner Non-owner Loan Average Commercial C&D Residential C&I Consumer Agriculture 6•–Total Aggressive Top Diversified In-house Loan Low Alabama Inland 3Coastal loans 6% 52,690 Type $Portfolio 25 118,944 average participations Occupied 80,329 Georgia Loan Rate relationships 26% gr
Slide 7: C&D and CRE Loan Detail
C&D Owner Spec Pre-sold Misc. Commercial Raw-agriculture Subdivisions Raw Buildable $1.7 $49.9 $23.8 $22.5 $14.3 $10.2 CRE Land Auto Restaurant Comm Misc Strip Retail Hotels Warehouse $6.1 Apartments Offices $28.6 $44.1 -$0.0 7Data Average Reduced 33% 48% $2.8 $10.0 $7.7 $5.0 land-residential land-c
Slide 8: Credit Trends Q2 2011
Credit Trends 100 Q2 NPLs OREO Breakdown •2Q 1H CML SFR, Subdiv RRE 8AGRE Averaging Values 5 Quarterly In-migration $9.0 $20.1 ‘09 2010 75 Land, $5.60 Properties, Land, OREO million Quality Land, in 50 Q3 & million are NPA’S lots, 25 ‘09 $9.30 ,of $12.90 $10mm appropriate 10% decreases 0$0.80 in of
Slide 9: Credit Cumulative Losses Analysis
Credit Cumulative 12.0% 5.9% 9.6% 2008 ABCB Conservative $180 $58.4 $119.6 Classified-Accruing-54.8% •Original 9(1) Analysis Unlikely Only Non-Accrual Cumulative 1Q $90 3.5% 9.1% $47.0 Cycle 8.0% $40.2 Cycle Appraisal 09 $0 and that 5.2% 8.5% losses 2Q $32.0 4.0% million Carrying Chargeoffs trends l
Slide 10: Second Quarter 2011 Update
Second dollars BALANCE Assets Loans, Tang Tangible Pre-tax, PERFORMANCE Diluted Net Efficiency CREDIT NPAs NCOs Reserves (1) (2) 10 Excludes interest Common //$2,422 net in Assets Quarter Avg earnings pre-credit Book QUALITY /millions, Loans NPLs ratio 1,651 margin SHEET loans covered non-recurring
Slide 11: Local Deposit Funding Composition
Local •18. ••61. •15%-Additional Deposit 100% 95% Q3 ABCB DDA, MMDA, NOW Retail Brokered, 1196.‘08 3%- 2%- 81% 0%- Deposit 90% & Time, Funding 13% UBPR Q1 Composition Sav, Annualized 22% Percentage Percentage 80% 3% ‘09 80% 35% 27% Peer Customers Q3 as 71% 70% funding a‘09 Group %of rate of –60% of
Slide 12: Strong Pre-Tax, Pre-Credit Earnings
Strong Pre-Tax, $17,500 $9,588 1.72% 1.77% 1.86% 2.50% $13,491 1.66% PTPP 4.30 Net 4.15 3.66 3.92 4.11 ABCB 3.73 Q4 Additional branches •1Q (1) (annualized)) (2) 12$3.2 13.6%-Net Ameris Credit ‘09 2011 Interest 4.05 4.21 ROA million 1.70% 2.00% Core UBPR 1.94% Q1 $14,000 Pre-Credit earning &3.80 4.0
Slide 13: FDIC-Assisted Acquisitions
FDIC-Assisted Acquisition Assets, Bank Deposits, Discount Deposit Pretax American United Satilla First Tifton Darby One High •1,400,784 (a) 13Line Self-funded-acquisition Serious Preliminary Georgia Bank Trust of Banking Bank Gain/(Goodwill) Community Security FV Premium business-experienced about B
Slide 14: Stable Capital Strength
Stable $12.00 $10.10 •Significant 20.00% 18.08% 13.25% 12.19% 11.05% 9.61% Dec-09 9.26% (1) 14 Additional Most Repaying Proforma Successfully Tangible Tangible 10.15% recent $10.00 $9.94 Mar-10 10.58% 16.00% 18.01% 13.38% 12.01% TBV Capital TARP growth book $9.90 FDIC-assisted earned $8.00 Jun-10 Bo
Slide 15: Potential M&A Opportunities
Potential (data “Loss “Loss-Share” capital Traditional 162 144 107 129 170 159 4Q “Traditional” ••Steady (1) under 15 Average These 24% Majority Intense 23% Credit Banks 08 158 145 130 155 for $2 -Share” of 1Q levels banks levels marks 120 156 90 153 banks regulatory all billion. Consolidation Tier
Slide 16: Keefe, Bruyette & Woods Community Bank Investor Conference
Keefe, Bruyette Community August 2011Bank & Investor Woods Conference
Ameris Bancorp — Keefe, Bruyette & Woods Community Bank Investor Conference August 2011 on 6ix