Ameris Bancorp · NYSE:ABCB
Ameris Bancorp — Sterne Agee and Leach, Inc. Financial Institutions Conference 2012
15 slides from Ameris Bancorp's conference presentation, Feb 13, 2012
Slide 1: Sterne Agee and Leach Financial Institutions Conference
Exhibit 99.1 Sterne Agee and Leach, Inc. Financial Institutions Conference February 12 14, 2012 Ameris Bancorp
Slide 2: Cautionary Notice Regarding Forward-Looking Statements
Ameris United when understanding management Company’s GAAP current These “forward “believe”, were cautioned forward the Securities made. evaluating capital performance States call Bancorp looking looking that “estimate”, report underlying The believes measures of and any ofAmerica Company statements
Slide 3: Ameris Bancorp Corporate Profile
Ameris Bancorp existing accounts operations Assets –Corporate $3.0 Recent billion growth Profile Loansthrough Headquartered – $1.9de billion novoinDeposits expansion Moultrie, – $2.6 strategy Georgia billion and Founded South 8 FDIC Carolina in assisted 1971 asAmeris the transactions American Bancor
Slide 4: Experienced Management Team
Experienced Andrew NationsBank, Officer &B.35/35 Cheney Management Federal Officer 35/2 Reserve at Barnett Team Ameris EVP EXPERIENCE Bank, Bank & Chief Mercantile sinceCredit 1987 PREVIOUS Bank Officer Corporate EVPStephen NAME &Secretary Chief A./ Operating POSITION Melton Management 31/1 Officer
Slide 5: Strategic Focus
Current deals. capitalized interest costs 1/2 ofsuch Interest 2010 lines Focus that institutions pace ofin Position PTPP businesses both Provision earnings Strategic Accelerate Ameris to expense drive drive Bank (builds transition non down higher asmarket interest a Consolidator 35% EPS outshare) ov
Slide 6: Diversified Loan Portfolio and Concentrations
Loan of concentrations 110,963 $7.5 Portfolio million 5.31 Residential of Detail versus credit Diversified $75 Top 67,003 million 25 relationships 6.03 loan legal C&I portfolio limit 50,641 are – 3across only loans 5.7410.3% five greater Consumer regions ofthan total 6,844 –$5 loans Inland million 6
Slide 7: C&D and CRE Portfolio Detail and NCOs
C&D and 2011 and 2010 CRE NCO’s Detail (in CREmillions) Portfolio C&D (Non ONLY Owner 7%Occupied) OF LOAN 50% PORTFOLIO of our CREReduced portfolioexposure is ownerby occupied $264mm Average or 67%CRE sinceloan peak is Average $331k Data LTVasisof66% 12/31/11; Averageexcludes appraisal covered age i
Slide 8: Credit Quality Trends
Creditproperties) 2011 carrying (197 vs. Quality balance $106.0Trends million at in35% YTDinof in NPA’s 2011 2010. carrying and NPLs OREO 78% value. down in Values Breakdown 2010. 26%are 3Q from appropriate 2011 of their OREO “Local peak for by levels Bulk sale TypeSale” to over AGRE end2$25.1mm use
Slide 9: Credit Cycle Resolution and Carrying Values
Credit loan larger Loans for loan amount, relationships. (1) Cycle losses Conservative Only net plus of$32.8 (gains)/losses related All Carrying have million reserves). resolution of Values onaccruing the 45% strategies of sale Decline Classified substandard of OREO implemented. – In Assets(2) (2) m
Slide 10: Fourth Quarter Update
Fourth59.66 1,929 $12,593 72.76 57.02 1,868 CREDIT Quarter $13,491 Tang 49.64 Update QUALITY $15,433 Common (1) Excludes dollars $15,030 (1) Equity in NPAs covered millions, Diluted / Assets / Assets assets, except earnings 7.36 4.62 where %per % 7.51 per 4.48 share applicable share %% 7.78 data 4.2
Slide 11: Local Deposit Base and Rate Sensitivity
Local(in 98.0% 0.25 sensitivity Deposit -Percentage millions) to changing Customers %ofofBank’s interest total drive funding total rates Profitability funding “Zero”through cost 30.9%deposits -Growth deposits include that rate “walks innon- Non-interest through interest bearing our Bearing front che
Slide 12: Strong Cost Reduction and Core Performance
Strong cost 14.0% reduction (annualized)) basis, containment excludes Annualized Core in normalized Operating (1)H/C Credit and - level Return contribution Performance expenses operating TRUPs on Tangible include expenses from Pre-eight Equity Tax, provision, (normalizes acquisitions Pre- – Adjustin
Slide 13: FDIC-Assisted Acquisitions
FDIC- Assisted 12,445 (4,810) (22,500) accounting acquiredUnited - -have 2,382 7,945 andbeen Security Tifton data Acquisitions Highclosed conversions Banking Trust Bank orBank Acquisition are Nov-09 Company Self- scheduled (a) Jul-11 169,172 funded Deposit Nov-10 to 183,880 acquisition close 141,094
Slide 14: Significant Capital Strength
Significant $1.01 RBC. oriented billion Nobalance additional Capital possible sheet Strength capital (leverages (1) Tangible raise Stable T1 needed. Tangible book Leverage value 8.0% Book toper increase 8.00%) Value shareinwith per adjusted TBVShare noover additional for Significant the stock past d
Slide 15: Potential Consolidation Opportunities
Potential million banks growth significant Fl, under Al $2 and under Credit Intense billion billion. Consolidation SC pressure $2with marks regulatory billion in Excludes our Texas from inin four purchase Opportunities regulatory our Ratio pressure banks states four over transaction with have states
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