First Bancshares, Inc. · OTC:FIBH
First Bancshares — Investor Presentation (July 2021)
12 slides from First Bancshares's investor presentation, Jul 27, 2021
Slide 1: Investor Presentation July 26, 2021
1 Investor PresentationJuly 26, 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 SectorsJune 30, 2021 SECTOR BOOK BALANCE AVAILABLE TOTAL COMMITTED % OF LOANS HOTELS $109.1 MILLION $27.7 MILLION $136.8 MILLION 4.5% RESTAURANTS $ 87.5 MILLION $ 4.1 MILLION $ 91.6 MILLION 3.0% RETAIL $173.1 MILLION $12.5 MILLION $185.6 MILLION 6.1% DIRECT
Slide 4: Loan Portfolio Risk Sectors Detail
4 Loan Portfolio Risk Sectors DetailJune 30, 2021 SECTOR TOTAL COMMITTED % OF LOANS LTV % HOTELS $136.8 MILLION 4.5% 54.6% FLAGGED $87.9 MILLION NON-FLAGGED $48.9 MILLION RESTAURANTS $ 91.6 MILLION 3.0% 61.2% CHAIN $58.3 MILLION NON-CHAIN $29.3 MILLION CONSTRUCTION $ 4.0 MILLION RETAIL $185.6 MILLIO
Slide 5: Loan Portfolio Risk Sectors by State
5 Loan Portfolio Risk Sectors by StateJune 30, 2021 SECTOR TOTAL COMMITTED % OF LOANS LTV % HOTELS $136.8 MILLION 4.5% 54.6% MISSISSIPPI $30.2 MILLION 55.2% LOUISIANA $46.7 MILLION 45.5% ALABAMA $13.1 MILLION 45.0% FLORIDA $30.4 MILLION 70.3% GEORGIA $16.4 MILLION 57.2% RESTAURANTS $ 91.6 MILLION 3.
Slide 6: Risk Sectors by State Continued
6 Risk Sectors by State ContinuedJune 30, 2021 SECTOR TOTAL COMMITTED % OF LOANS LTV % RETAIL $185.6 MILLION 6.1% 50.7% MISSISSIPPI $46.8 MILLION 54.7% LOUISIANA $43.7 MILLION 48.0% ALABAMA $18.3 MILLION 43.1% FLORIDA $60.6 MILLION 52.8% GEORGIA $16.2 MILLION 53.6%
Slide 7: Loan Modifications Resulting from COVID-19
Modifications of $34.9 million or 1.2% of loan portfolio with $4.9 million on principal and interest deferral and $30.0 million on interest onlyEnhanced Risk Sectors with modifications as Of JUNE 30, 2021: 7 Loan Modifications Resulting from COVID-19 SECTOR TOTAL MODIFIED % OF SECTOR TOTAL HOTELS P
Slide 8: Modifications
Modifications 700 — =e May 31 June30 July23 Sept30 Dec31 Mar31 June 2021 Modifications
Slide 9: Payroll Protection Program (PPP)
As of JUNE 30, 2021, we have 2,210 loans totaling $157.8 million with $46.8 million from round 1 and $111.0 million from round 2. the PPP loans have an average size of $71,000 BALANCE OF Net Fees - $7.1 million ppp loans made to Enhanced Risk sectors are detailed below: 9 Payroll Protection Program
Slide 10: Loan Reserves & NPAs
10 LOAN RESERVES & NPAs LOAN BALANCES ALLL/CREDIT MARK ALLL/MARK TO LOANS TOTAL LOANS $3.037 BILLION $32.5 MILLION 1.07% JUNE 30, 2021 NON PERFORMING ASSETS BALANCES % OF LOANS + OREO LEGACY $24.5 MILLION 0.8% ACQUIRED $12.5 MILLION 0.4% TOTAL NON PERFORMING ASSETS $37.0 MILLION 1.2% RESERVES
Slide 11: Solid Capital: Balance Sheet Management
solid capital 11 Balance Sheet Management JUNE 30, 2020 ESTIMATES The First, ANBA First Bancshares TOTAL SHAREHOLDER’S EQUITY $749.8 MILLION $660.1 MILLION COMMON EQUITY TIER 1 CAPITAL RATIO 16.6% 13.9% TIER 1 CAPITAL RATIO 16.6% 14.4% TOTAL RISK-BASED CAPITAL RATIO 17.6% 19.2% LEVERAGE RATIO 10.5%
Slide 12: The First Bancshares, Inc.
TheFirst BANCSHARES, INC. NASDAQ: FBMS -@ Thekirst