First Bancshares, Inc. · OTC:FIBH
First Bancshares — Investor Presentation (January 2022)
10 slides from First Bancshares's investor presentation, Jan 26, 2022
Slide 1: Investor Presentation January 25, 2022
1 Investor PresentationJanuary 25, 2022 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 SectorsDecember 31, 2021 SECTOR BOOK BALANCE AVAILABLE TOTAL COMMITTED % OF LOANS HOTELS $115.8 MILLION $29.9 MILLION $145.7 MILLION 4.9% RESTAURANTS $ 90.7 MILLION $ 4.7 MILLION $ 95.4 MILLION 3.2% RETAIL $195.8 MILLION $16.5 MILLION $212.3 MILLION 7.2% DIR
Slide 4: Loan Portfolio Risk Sectors Detail
4 Loan Portfolio Risk Sectors DetailDecember 31, 2021 SECTOR TOTAL COMMITTED % OF LOANS LTV % HOTELS $145.7 MILLION 4.9% 53.9% FLAGGED $84.3 MILLION NON-FLAGGED $61.4 MILLION RESTAURANTS $ 95.4 MILLION 3.2% 48.0% CHAIN $73.1 MILLION NON-CHAIN $20.5 MILLION CONSTRUCTION $ 1.8 MILLION RETAIL $212.3 MI
Slide 5: Loan Portfolio Risk Sectors by State
5 Loan Portfolio Risk Sectors by StateDecember 31, 2021 SECTOR TOTAL COMMITTED % OF LOANS LTV % HOTELS $145.7 MILLION 4.9% 53.9% MISSISSIPPI $28.2 MILLION 65.0% LOUISIANA $46.1 MILLION 46.1% ALABAMA $12.7 MILLION 124.8% FLORIDA $42.6 MILLION 46.5% GEORGIA $16.1 MILLION 66.7% RESTAURANTS $ 95.4 MILLI
Slide 6: Risk Sectors by State Continued
6 Risk Sectors by State ContinuedDecember 31, 2021 SECTOR TOTAL COMMITTED % OF LOANS LTV % RETAIL $212.3 MILLION 7.2% 51.4% MISSISSIPPI $50.9 MILLION 51.3% LOUISIANA $48.3 MILLION 50.2% ALABAMA $23.3 MILLION 46.5% FLORIDA $60.6 MILLION 54.8% GEORGIA $29.2 MILLION 50.7%
Slide 7: Payroll Protection Program (PPP)
As of DECEMBER 31, 2021, we have 420 loans totaling $41.1 million with $0.9 million from round 1 and $40.2 million from round 2. the PPP loans have an average size of $97,900 BALANCE OF Net Fees - $1.7 million ppp loans made to Enhanced Risk sectors are detailed below: 7 Payroll Protection Program (
Slide 8: Loan Reserves & NPAs
8 LOAN RESERVES & NPAs LOAN BALANCES ALLL/CREDIT MARK ALLL/MARK TO LOANS TOTAL LOANS $2.960 BILLION $30.7 MILLION 1.04% DECEMBER 31, 2021 NON PERFORMING ASSETS BALANCES % OF LOANS + OREO LEGACY $22.1 MILLION 0.75% ACQUIRED $ 8.5 MILLION 0.28% TOTAL NON PERFORMING ASSETS $30.6 MILLION 1.03% RESERVES
Slide 9: Solid Capital Balance Sheet Management
solid capital 9 Balance Sheet Management DECEMBER 31, 2021 ESTIMATES The First Bank First Bancshares TOTAL SHAREHOLDER’S EQUITY $776.2 MILLION $676.2 MILLION COMMON EQUITY TIER 1 CAPITAL RATIO 16.6% 13.7% TIER 1 CAPITAL RATIO 16.6% 14.1% TOTAL RISK-BASED CAPITAL RATIO 17.4% 18.6% LEVERAGE RATIO 10.8
Slide 10: The First Bancshares, Inc.
TheFirst BANCSHARES, INC. NASDAQ: FBMS -@ Thekirst
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