Capital City Bank Group · NASDAQ:CCBG
Capital City Bank — Q3 2025 Earnings Presentation
23 slides from Capital City Bank's earnings presentation, Sep 30, 2025
Slide 1: Investor Presentation Third Quarter 2025
INVESTOR PRESENTATION THIRD QUARTER 2025 NASDAQ: CCBG
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Forward-looking statements in this Investor Presentation are based on current plans and expectations that are subject to uncertainties and risks, which could cause our future results to differ materially. The words “may,” “could,” “should,” “would,” “believe,” “anticipate,
Slide 3: By the Numbers
BY THE NUMBERS* 1895 | Year Bank Founded Atlanta Augusta 3rd Largest | Publicly traded financial holding company headquartered in Florida Macon $4.3 Billion | Total Assets Savannah $2.6 Billion | Loans Held for Investment Mo Montgomery GEORGIA O $3.6 Billion | Total Deposits A ALABAMA • 88% in Flori
Slide 4: About Us
ABOUT US 130 Years Operating as a Stable, Resilient, and Profitable Franchise. LEADERSHIP Our 130 years of • Seasoned and experienced leaders who’ve successfully navigated multiple business experience operating cycles. a profitable franchise • Strong insider ownership. demonstrates we • Deeply inves
Slide 5: Delivering Shareowner Value
DELIVERING SHAREOWNER VALUE History of shareowner value growth. 30 SHAREOWNER RETURN 0.99(2) 1.00 25 0.88 0.90 HIGHLIGHTS 0.76 0.80 • Strong Growth in TBV/Share 20 0.66 0.70 0.62 - YoY Growth of 17%(1) 0.57 0.60 - 5 Year Avg. Annual Growth of 11% 15 0.48 D T 0.50 • Strong Earnings B P V 10 0.40 S -
Slide 6: Why Capital City Bank Group?
WHY CAPITAL CITY BANK GROUP? Strong fundamentals and flexibility drive growth and position us for future opportunities. DEPOSIT-DRIVEN CULTURE POSITIONED FOR GROWTH REVENUE DIVERSIFICATION FORTRESS BALANCE SHEET Granular and Footholds in Two High-Growth, Granular Loan Portfolio Core Deposit Funded T
Slide 7: Deposit Franchise
DEPOSIT-DRIVEN CULTURE DEPOSIT FRANCHISE HIGHLIGHTS Deposit Portfolio Highlights • 5-Year CAGR of ~7.6% Total Deposits ~7.7% MMA/SAV/NOW • 36% Noninterest Bearing Balance(1) • Average Account balance of $28k 4000000 • Consumer - $15k 3,572 3,600 3,665 3,681 3,612 • Business - $70k 170 173 3500000 16
Slide 8: Located in Strong Growth Markets
POSITIONED FOR GROWTH LOCATED IN STRONG GROWTH MARKETS Poised to capitalize on population growth and business and wealth migration in Florida and Georgia. FLORIDA National Ranking: TOP 10 STATES TOP 5 STATES #1 New Business Startups(1) NET INCOME MIGRATION(1) NET NEW FIRM RELOCATIONS(1) • Florida’s
Slide 9: Expanded Markets
POSITIONED FOR GROWTH EXPANDED MARKETS Strategically positioned in high-growth, favorable-demographic Northwest Florida and the Northern Arc of Atlanta. EMERALD COAST NORTHERN ARC HIGHLIGHTS Atlanta • Panama City-Panama City Beach population grew Augusta • Atlanta is the 6th largest metro region in
Slide 10: Legacy Markets
POSITIONED FOR GROWTH LEGACY MARKETS Offer stable and continued growth opportunities. Atlanta Chart ColorsHIGHLIGHTS Augusta • Legacy Markets in Tallahassee, Gainesville, Suncoast and Macon M on Macon Savannah are anchored by government, Mo Montgomery CAPITAL CITY BANK’S education, healthcare and sm
Slide 11: Strategic Technology Investments
POSITIONED FOR GROWTH STRATEGIC TECHNOLOGY INVESTMENTS Investing in and implementing digital, scalable platforms to enhance client service and propel growth. Create Exceptional Client Experiences Improve Operational Efficiency Deepen Client Relationships • Enhanced self-service tools for digital ban
Slide 12: Diverse Loan Portfolio
REVENUE DIVERSIFICATION LOAN PORTFOLIO(1) DIVERSE LOAN PORTFOLIO Direct Consumer 1% <1% Other Loans 6% Indirect HIGHLIGHTS 6% Auto • Top 25 loan relationships are ~ 5% of total loans Construction R/E • Total loan portfolio avg. loan size $118K 7% 40% Commercial • In-house lending limit of $10 millio
Slide 13: Generate Loan Growth
REVENUE DIVERSIFICATION GENERATE LOAN GROWTH PERIOD END LOANS HFI GROWTH BY SEGMENT ($ In Millions /% Growth) ($ in Thousands/% of Total) $3000 7.3% -3.0% (2) $3,000 $2,734 -3.5% $2,683,096 $2,651,550 $2,660,770 32.0% $2,631,490 $2,582,007 $2,652 $2500 $2,582 7.3% 6.9% $2,548 7.1% 6.8% $2,500 6.9% 8
Slide 14: Diversified Revenues
REVENUE DIVERSIFICATION DIVERSIFIED REVENUES HIGHLIGHTS • Diversified Loan Portfolio • Wealth AUM of $3.2 Billion - 5-Year CAGR of ~10.4% • Scalable Mortgage Banking Operation • Strong Deposit-Related Fees INTEREST INCOME(1) FEE INCOME(1) $153 MILLION $62 MILLION 1% Direct Consumer Indirect Auto 5%
Slide 15: Credit Quality
FORTRESS BALANCE SHEET CREDIT QUALITY HIGHLIGHTS • Proven strong underwriting and risk management • 5 year average annual credit losses of 13 basis points • ACL coverage 1.17% of loans NON-PERFORMING LOANS* CLASSIFIED LOANS* ACL ACTIVITY*(1) (% of Loans HFI) (% of Total Loans HFI) $30 $20 1.03% $27
Slide 16: Capital
FORTRESS BALANCE SHEET CAPITAL HIGHLIGHTS • TCE Ratio of 10.66% at September 30, 2025 • YoY(1) Growth of 16.76% in TBV/Share • $258MM in Excess Regulatory Capital (Above Well-Capitalized) • Adjusted TCE Ratio of 10.48% if HTM Securities Loss was Recognized in AOCI REGULATORY CAPITAL TANGIBLE COMMON
Slide 17: Capital Management
REVENUE DIVERSIFICATION CAPITAL MANAGEMENT EARNINGS ALLOCATION TANGIBLE CAPITAL RATIO IS • Dividend ~(25-35%) MANAGED WITHIN A 7-9% RANGE: • Organic Growth, M&A, Build Excess Capital ~(35-45%) • >7% - BUILD & RETURN CAPITAL – • Share Repurchase ~(5-15%) Focus on building capital, dividend • TRUP Ret
Slide 18: Interest Rate Risk Profile
FORTRESS BALANCE SHEET INTEREST RATE RISK PROFILE HIGHLIGHTS • 76% of Loan Portfolio is Variable or Adjustable • 47% of Loan Portfolio Reprices within One Year • 100% of Investment Portfolio Reprices < 3 years (2.15 Duration) - $70 million in cash flow repricing in 4Q 2025 from 2.15% - $300 million
Slide 19: Culture & Accolades
CULTURE & ACCOLADES Our culture distinguishes us from our competitors and is the driving force behind our continued success. Leadership is committed to a culture that values people alongside results. OUR BRAND PROMISE World’s Best Banks 2025 More than your bank. Your banker. America’s Best Banks 202
Slide 20: Supplemental Information
SUPPLEMENTAL INFORMATION 20
Slide 21: Third Quarter 2025 Performance Highlights
PERFORMANCE HIGHLIGHTS - ($ in thousands, except per share data) INCOME STATEMENT 3Q25 2Q25 3Q24 Interest Income 51,431 51,459 49,328 THIRD QUARTER 2025 Interest Expense 7,874 8,275 9,117 HIGHLIGHTS - 3Q25 VS 2Q25 Net Interest Income 43,557 43,184 40,211 Income Statement Provision for Credit Losses
Slide 22: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TOTALS (1) ($ in thousands) Sep 30, 2024 Dec 31, 2024 Mar 31, 2025 Jun 30, 2025 Sep 30, 2025 Shareowners’ Equity (GAAP) 476,499 495,317 512,575 526,423 540,635 Less: Goodwill (GAAP) 92,813 92,773 92,733 92,693 $89,095 Tangible
Slide 23: Corporate Headquarters
Corporate Headquarters 217 North Monroe Street Tallahassee, FL 32301 www.ccbg.com
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