Capital City Bank Group · NASDAQ:CCBG
Capital City Bank — Q1 2025 Earnings Presentation
24 slides from Capital City Bank's earnings presentation, Mar 31, 2025
Slide 1: Investor Presentation First Quarter 2025
INVESTOR PRESENTATION FIRST QUARTER 2025 NASDAQ: CCBG
Slide 2: Slide 2
Slide 3: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Forward-looking statements in this 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,” “estima
Slide 4: By the Numbers
BY THE NUMBERS* 1895 | Year Bank Founded Atlanta Augusta 3rd Largest | Publicly traded financial holding company headquartered in Florida Macon $4.5 Billion | Total Assets Savannah $2.7 Billion | Loans Held for Investment Mo Montgomery GEORGIA O $3.8 Billion | Total Deposits A ALABAMA • 89% in Flori
Slide 5: About Us
ABOUT US 130 Years Operating as a Stable, Resilient, and Profitable Franchise. LEADERSHIP Our 130 years of • Seasoned and experienced leadership who’ve successfully navigated multiple experience operating business cycles. a profitable franchise • Strong insider ownership. demonstrates we • Deeply in
Slide 6: Delivering Shareowner Value
DELIVERING SHAREOWNER VALUE History of shareowner value growth. SHAREOWNER RETURN 25 0.96(1) 1.00 HIGHLIGHTS 20 0.88 0.90 0.76 0.80 - T angible Book Value (TBV)/Share Growth of 16% in 2024 - 0.66 0.70 5 Year Avg. Annual Growth of 11% 15 0.62 0.57 0.60 - R ecord Year Earnings in 2024 - 5 Year Avg. 0.
Slide 7: 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 8: Deposit Franchise
DEPOSIT-DRIVEN CULTURE DEPOSIT FRANCHISE HIGHLIGHTS Deposit Portfolio Highlights - 5 -Year CAGR of ~7.63% Total Deposits ~7.95% MMA/SAV/NOW - 3 6% Noninterest Bearing Balance(1) - A verage Account balance of $28k 4000000 • Consumer - $15k 3,641 3,572 3,600 3,665 3,577 • Business - $68k 160 * 170 350
Slide 9: 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) • 47,000 new
Slide 10: 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 Augusta Beach grew by 3.8%, • Atlanta is the 6th largest metro region in th
Slide 11: Legacy Markets
POSITIONED FOR GROWTH LEGACY MARKETS Offer stable and continued growth opportunities. Atlanta HIGHLIGHTS Chart Colors Augusta - L egacy Markets in Tallahassee, Gainesville, Suncoast and Macon M on Macon Savannah are anchored by government, Mo Montgomery education, healthcare and small GEORGIA O CAPI
Slide 12: 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 13: Diverse Loan Portfolio
REVENUE DIVERSIFICATION LOAN PORTFOLIO(1) DIVERSE LOAN PORTFOLIO Direct Consumer 1% <1% Other Loans 7% Commercial Loans HIGHLIGHTS 7% - T op 25 loan relationships 7% of total loans Indirect Auto - T otal loan portfolio avg. loan size $136K 7% 39% Construction - I n-house lending limit of $10 million
Slide 14: Generate Loan Growth
REVENUE DIVERSIFICATION GENERATE LOAN GROWTH PERIOD END LOANS HFI GROWTH BY SEGMENT ($ In Millions /% Growth) ($ in Thousands/% of Total) $3,000 7.3% -3.0% (2) $3,000 1.4% $2,731,172 $2,690,223 32.0% $2,734 $2,652 $2,661 $2,683,096 $2,651,550 $2,660,770 $2,500 $2,548 8.0% 7.6% 7.3% 7.1% 6.9% $2,500
Slide 15: Diversified Revenues
REVENUE DIVERSIFICATION DIVERSIFIED REVENUES HIGHLIGHTS - D iversified Loan Portfolio - W ealth AUM of $3.1 Billion - 5-Year CAGR of ~9.16% - S calable Mortgage Banking Operation - S trong Deposit-Related Fees INTEREST INCOME(1) FEE INCOME(1) $49.8 MILLION $19.9 MILLION 1% Direct Consumer Indirect A
Slide 16: Capital
FORTRESS BALANCE SHEET CAPITAL HIGHLIGHTS - Y oY(1) Growth of 17.26% in TBV/Share and 12.68% in TCE Ratio - $ 231MM in Excess Regulatory Capital (Above Well-Capitalized) - A djusted TCE Ratio of 9.33% if HTM Securities Loss was Recognized in AOCI REGULATORY CAPITAL TANGIBLE COMMON EQUITY $600 ($ In
Slide 17: Capital Management
REVENUE DIVERSIFICATION CAPITAL MANAGEMENT EARNINGS ALLOCATION TANGIBLE CAPITAL RATIO IS - D ividend ~(25-35%) MANAGED WITHIN A 7-9% RANGE: - O rganic Growth, M&A, BUILD EXCESS CAPITAL ~(35-45%) - > 7% - BUILD & RETURN CAPITAL – - S hare Repurchase ~(5-15%) Focus on building capital, dividend and -
Slide 18: Credit Quality
FORTRESS BALANCE SHEET CREDIT QUALITY HIGHLIGHTS - P roven strong underwriting and risk management - 5 year average annual credit losses of 13 basis points - A CL coverage 1.12% of loans NON-PERFORMING LOANS* CLASSIFIED LOANS* ACL ACTIVITY*(1) (% of Loans HFI) (% of Total Loans HFI) $30 $20 $30 $29.
Slide 19: Interest Rate Risk Profile
FORTRESS BALANCE SHEET INTEREST RATE RISK PROFILE HIGHLIGHTS - 7 5% of Loan Portfolio is Variable or Adjustable - 4 2% of Loan Portfolio Reprices within One Year - 1 00% of Investment Portfolio Reprices < 3 years (2.10 Duration) LOAN REPRICING (1) - HFI LOANS LOAN RATE MIX 13% 18% 2 >60 Months Overn
Slide 20: Culture & Accolades
CULTURE & ACCOLADES Our culture distinguishes us from our competitors and is the driving force behind our continued success. Leadership is committed to a culture that values people alongside results. OUR BRAND PROMISE More than your bank. Your banker. America’s Best Banks 2024 Ranked #15 OUR PURPOSE
Slide 21: Supplemental Information
SUPPLEMENTAL INFORMATION 21
Slide 22: First Quarter 2025 Performance Highlights
PERFORMANCE HIGHLIGHTS - ($ in thousands, except per share data) INCOME STATEMENT 1Q25 4Q24 1Q24 Interest Income 49,782 49,743 46,820 FIRST QUARTER 2025 Interest Expense 8,235 8,640 8,465 HIGHLIGHTS - 1Q25 VS 4Q24 Net Interest Income 41,547 41,103 38,355 Income Statement Provision for Credit Losses
Slide 23: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES NON-GAAP FINANCIAL MEASURES TOTALS (1) ($ in thousands) Mar 31, 2024 Jun 30, 2024 Sep 30, 2024 Dec 31, 2024 Mar 31, 2025 Shareowners’ Equity (GAAP) 448,314 460,999 476,499 495,317 512,575 Less: Goodwill (GAAP) 92,893 92,853 92,813 92,773 92,733 Tangible Shareowners’ Equit
Slide 24: Corporate Headquarters
Corporate Headquarters 217 North Monroe Street Tallahassee, FL 32301 www.ccbg.com
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