Slide 1: Investor Presentation
1 Investor PresentationOctober 25, 2021 NASDAQ: FBMS
Slide 2: Forward Looking Statements
2 Forward Looking Statements This slide presentation and certain of our other filings with the Securities and Exchange Commission contain statements that constitute “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as am
Slide 3: Loan Portfolio Potential Increased Risk Sectors
3 Loan Portfolio Potential Increased Risk SectorsSeptember 30, 2021 SECTOR BOOK BALANCE AVAILABLE TOTAL COMMITTED % OF LOANS HOTELS $111.7 MILLION $36.2 MILLION $147.9 MILLION 5.0% RESTAURANTS $ 87.2 MILLION $ 3.9 MILLION $ 91.1 MILLION 3.1% RETAIL $188.9 MILLION $ 7.4 MILLION $196.3 MILLION 6.6% DI
Slide 4: Loan Portfolio Risk Sectors Detail
4 Loan Portfolio Risk Sectors DetailSeptember 30, 2021 SECTOR TOTAL COMMITTED % OF LOANS LTV % HOTELS $147.9 MILLION 5.0% 51.5% FLAGGED $86.3 MILLION NON-FLAGGED $61.6 MILLION RESTAURANTS $ 91.1 MILLION 3.1% 57.6% CHAIN $59.9 MILLION NON-CHAIN $28.1 MILLION CONSTRUCTION $ 3.1 MILLION RETAIL $196.3 M
Slide 5: Loan Portfolio Risk Sectors by State
5 Loan Portfolio Risk Sectors by StateSeptember 30, 2021 SECTOR TOTAL COMMITTED % OF LOANS LTV % HOTELS $147.9 MILLION 5.0% 51.5% MISSISSIPPI $29.5 MILLION 65.1% LOUISIANA $46.4 MILLION 49.1% ALABAMA $12.9 MILLION 42.0% FLORIDA $42.7 MILLION 46.1% GEORGIA $16.4 MILLION 66.9% RESTAURANTS $ 91.1 MILLI
Slide 6: Risk Sectors by State Continued
6 Risk Sectors by State ContinuedSeptember 30, 2021 SECTOR TOTAL COMMITTED % OF LOANS LTV % RETAIL $196.3 MILLION 6.6% 49.1% MISSISSIPPI $45.4 MILLION 49.3% LOUISIANA $50.1 MILLION 54.4% ALABAMA $23.1 MILLION 42.8% FLORIDA $47.0 MILLION 43.2% GEORGIA $30.7 MILLION 57.4%
Slide 7: Loan Modifications Resulting from COVID-19
Modifications of $27.8 million or 0.9% of loan portfolio with $4.9 million on principal and interest deferral and $22.9 million on interest onlymodifications as Of SEPTEMBER 30, 2021: 7 Loan Modifications Resulting from COVID-19 SECTOR TOTAL MODIFIED HOTELS P & I Deferred $15.9 MILLION$ 0 Million In
Slide 8: Modifications
Modifications 700 aS a => jay 31 June30 July23 Sept30 Dec31 Mar31 June Sept 30 2021 Modifications
Slide 9: Payroll Protection Program (PPP)
As of SEPTEMBER 30, 2021, we have 1,185 loans totaling $87.1 million with $1.8 million from round 1 and $85.3 million from round 2. the PPP loans have an average size of $73,500 BALANCE OF Net Fees - $4.3 million ppp loans made to Enhanced Risk sectors are detailed below: 9 Payroll Protection Progra
Slide 10: Loan Reserves & NPAs
10 LOAN RESERVES & NPAs LOAN BALANCES ALLL/CREDIT MARK ALLL/MARK TO LOANS TOTAL LOANS $2.961 BILLION $32.4 MILLION 1.09% SEPTEMBER 30, 2021 NON PERFORMING ASSETS BALANCES % OF LOANS + OREO LEGACY $18.3 MILLION 0.61% ACQUIRED $ 9.7 MILLION 0.34% TOTAL NON PERFORMING ASSETS $28.0 MILLION 0.95% RESERVE
Slide 11: Solid Capital Balance Sheet Management
solid capital 11 Balance Sheet Management SEPTEMBER 30, 2020 ESTIMATES The First, ANBA First Bancshares TOTAL SHAREHOLDER’S EQUITY $763.1 MILLION $668.7 MILLION COMMON EQUITY TIER 1 CAPITAL RATIO 16.9% 14.1% TIER 1 CAPITAL RATIO 16.9% 14.5% TOTAL RISK-BASED CAPITAL RATIO 17.9% 19.3% LEVERAGE RATIO 1
Slide 12: TheFirst
TheFirst BANCSHARES, INC. NASDAQ: FBMS -@ Thekirst