United Community Banks, Inc. · NYSE:UCB

United Community Banks — Merger or Acquisition (July 2021)

13 slides from United Community Banks's merger presentation, Jul 14, 2021

  1. Slide 1: Acquisition of Reliant Bancorp, Inc.

    Acquisition of Reliant Bancorp, Inc. Entering Nashville MSA and Strengthening Our Tennessee Franchise July 14, 2021

  2. Slide 2: Important Information For Stockholders and Investors

    Important Information For Stockholders and Investors This presentation relates to a proposed merger of United Community Banks, Inc. ("United") and Reliant Bancorp, Inc. (“Reliant"). In connection with the proposed merger, United is required to file with the Securities and Exchange Commission (“SEC”)

  3. Slide 3: Cautionary Statement About Forward-Looking Statements

    Cautionary Statement About Forward-Looking Statements This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In general, forward-looking statements usual

  4. Slide 4: Transaction Highlights

    Transaction Highlights Expansion into Nashville MSA, one of the top markets in the Southeast  $3 billion community bank with top 10 market share in the Nashville, MSA ─ Recognized by Raymond James for performing in the top 10% of domestic community banks Strengthens Tennessee ─ One of two Tennessee

  5. Slide 5: Preliminary Transaction Assumptions

    Preliminary Transaction Assumptions  0.9842 shares of United common stock to be issued for each share of Reliant common stock  Aggregate transaction value (1) of $517 million Consideration • Aggregate consideration includes $7.1 million for restricted stock awards and units, and $1.2 million for s

  6. Slide 6: Overview of Reliant Bancorp, Inc.

    Overview of Reliant Bancorp, Inc. Company Overview Reliant’s Branch Network  Ticker: RBNC (NASDAQCM) Clarksville Nashville  Market Capitalization: $458.7 Knoxville  Chairman and CEO: DeVan Ard, Jr. Columbia  Headquarters: Brentwood, TN Chattanooga  Bank Subsidiary: Reliant Bank; 25 branches, 1

  7. Slide 7: Top Market Share in High-Growth Nashville Market

    Top 10 Market Share in High-Growth Nashville Market E X P AN S ION R ATION AL E Nashville and Surrounding Cities Thriving Marketplace  Flourishing local economy continues to strengthen and forecasters are predicting substantial economic growth over the next five years  Nashville ranked in the top

  8. Slide 8: Entrance into Attractive Clarksville & Chattanooga Markets

    Entrance into Attractive Clarksville & Chattanooga Markets CLARKSVILLE OVERVIEW CHATTANOOGA OVERVIEW  Clarksville is the 5th largest city in Tennessee and the county seat of  Chattanooga is home to a fast-growing business district and thriving Montgomery County downtown situated along the Tennesse

  9. Slide 9: Additive to Our Existing Growth-Oriented Southeast Footprint

    Additive to Our Existing Growth-Oriented Southeast Footprint United Now Operates in 8 of the Top 10 Growth Markets High-Growth MSAs in the Southeast Deposits per Branch '21 - '26 '21 - '26 Proj. 2026 Proj. ($ millions) Fastest Growing Projected Incremental 2021 Median Southeast MSAs (1)(2) Pop. Grow

  10. Slide 10: Recent Awards and Recognition

    Recent Awards and Recognition United Accolades Reliant Accolades  Ranked #1 in Customer  Named Best Small Bank in Satisfaction with Consumer Tennessee (Newsweek) Banking in the Southeast (J.D. Power)  Recognized in the Raymond  Named one of the Best Banks James Community Bankers Cup as performin

  11. Slide 11: Pro Forma Loan and Deposit Composition

    Pro Forma Loan and Deposit Composition Pro Forma Cons., MF & Other Owner Occupied CRE 11% Cons., MF & Other 4% 1-4 Family C&D 5% 24% C&I 10% C&D Cons., MF & 11% 28% Loan Composition (1) C&I Other 29% 14% Owner Occupied CRE Owner 17% Occupied CRE 16% C&D 14% Non Owner Occupied CRE Non Owner 20% Non O

  12. Slide 12: Summary of Transaction

    Summary of Transaction  Provides market entrance into key Southeast markets ─ Achieves critical size in one of the fastest growing markets in the Southeast; #10 deposit market share in the attractive Nashville MSA ─ Pro forma, with United’s existing Tennessee franchise, will have top 10 deposit mar

  13. Slide 13: Enhancing Our Franchise Through Strategic M&A

    Enhancing Our Franchise Through Strategic M&A Enhancing United’s High-Growth Southeast Footprint E X P A N S I O N R A T I OPro N A LForma E Branch Map  7/14/2021 – Announced acquisition of Reliant Bancorp, Inc,  5/27/2021 – Announced acquisition of Aquesta Financial Holdings, Inc.  5/13/2021 – A

United Community Banks — Merger or Acquisition (July 2021) on 6ix