Capital City Bank Group · NASDAQ:CCBG
Capital City Bank — Q1 2026 Earnings Presentation
27 slides from Capital City Bank's earnings presentation, Mar 31, 2026
Slide 1: Investor Presentation First Quarter 2026
INVESTOR PRESENTATION FIRST QUARTER 2026 Apalachee Parkway retail office, Tallahassee. NASDAQ: CCBG
Slide 2: 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 3: By the Numbers
BY THE NUMBERS * 1895 | Year Bank Founded Atlanta 3rd Largest | Publicly traded financial holding company Augusta headquartered in Florida Macon $4.5 Billion | Total Assets Savannah $2.5 Billion | Loans Held for Investment Mo Montgomery GEORGIA O $3.8 Billion | Total Deposits • 88% in Florida(1), 7.
Slide 4: About Us
ABOUT US Proven track record operating as a stable, resilient, and profitable franchise for over 100 years. COMMITMENT TO FUNDAMENTALS • Strong core deposits • Disciplined credit management OUR BRAND PROMISE • Prudent liquidity management More than your bank. Your banker. • Capital stewardship LEADE
Slide 5: Delivering Shareowner Value
DELIVERING SHAREOWNER VALUE Disciplined growth, sustained profitability, and a commitment to providing long-term shareowner value. SHAREOWNER RETURN 30 HIGHLIGHTS 1.00 1.08 (2) 1.00 27.03 27.51 0.90 • Strong Growth in TBV/Share * 25 0.88 0.76 0.80 - YoY Growth of 14%(1) 23.65 - 5 Year Avg. Annual Gr
Slide 6: Why Capital City Bank Group?
WHY CAPITAL CITY BANK GROUP? (1) 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 Fund
Slide 7: First Quarter 2026 Highlights
FIRST QUARTER 2026 HIGHLIGHTS INCOME STATEMENT - 1Q26 VS 4Q25 “We are off to a strong start to • Tax-equivalent net interest income totaled $42.9 million compared to $43.4 million the year, with earnings growth for the prior quarter and reflected two less calendar days in the first quarter. of 15% o
Slide 8: Deposit Franchise
DEPOSIT-DRIVEN CULTURE DEPOSIT FRANCHISE 4000000 3,665 3,681 3,648 3,691 3,612 170 173 192 193 180 3500000 403 HIGHLIGHTS 420 432 QUARTERLY AVERAGE 417 DEPOSIT 416 * 4000000 Deposit Portfolio Highlights 3,665 3,681 3,691 3000000 508 170 508 3,612 3,648 501 509 180503 173 192 193 • 5-Year CAGR of ~5.
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 GEORGIA National Ranking: National Ranking: #1 New Business Startups(1) #4 Fortune 500 Companies with HQ in Atlanta(3) • #1 Black-owned B
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 Atlanta Augusta NORTHERN ARC HIGHLIGHTS • 2025 deposit growth of $26 million in this market • Atlanta is the 6th largest metro region
Slide 11: Legacy Markets
POSITIONED FOR GROWTH LEGACY MARKETS Offer stable and continued growth opportunities. Atlanta Chart ColorsHIGHLIGHTS Augusta • Legacy Markets in Florida – Tallahassee, Gainesville, Suncoast M on Macon Savannah – and Macon, Ga. are anchored by Mo Montgomery CAPITAL CITY BANK’S government, education,
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 DIVERSE LOAN PORTFOLIO LOAN PORTFOLIO(1) HIGHLIGHTS Other Loans <1% • Top 25 loan relationships are ~ 7% of total loans Direct 1% 40% Consumer • Total loan portfolio avg. loan size $118K Residential R/E • In-house lending limit of $10 million 5% Indirect Auto 6% Construction
Slide 14: Generate Loan Growth
REVENUE DIVERSIFICATION GENERATE LOAN GROWTH PERIOD END LOANS HFI LOAN PORTFOLIO BY SEGMENT ($ In Millions /% Growth) ($ in Millions/% of Total) $3,000 $3,000 0.3% -1.1% -1.9% -1.4% $2,661 -1.1% $2,631 $2,582 $2,500 $2,661 $2,631 $2,546 $2,518 $2,582 $2,546 6.9% 6.8% $2,518 $2,500 6.9% 7.1% 7.2% 6.6
Slide 15: Diversified Revenues
REVENUE DIVERSIFICATION DIVERSIFIED REVENUES HIGHLIGHTS • Diversified Loan Portfolio • Wealth AUM of $2.7 Billion - 5-Year CAGR of ~2.98% • Scalable Mortgage Banking Operation • Strong Deposit-Related Fees INTEREST INCOME(1) FEE INCOME(1) Direct Consumer 1% 27% Residential R/E 13% Other 5% 28% Indir
Slide 16: Credit Quality
FORTRESS BALANCE SHEET CREDIT QUALITY HIGHLIGHTS • Proven strong underwriting and risk management • 5 year average annual credit losses of 16 basis points • ACL coverage 1.23% of loans • Classified loans to loans ratio of 0.58% NON-PERFORMING LOANS* CLASSIFIED LOANS* ACL ACTIVITY*(1) $30 $28.6 $12 $
Slide 17: Capital
FORTRESS BALANCE SHEET CAPITAL HIGHLIGHTS • TCE Ratio of 10.79% at March 31, 2026 • YoY(1) Growth of 11.86% in TBV/Share* • $276MM in Excess Regulatory Capital (Above Well-Capitalized) • Adjusted TCE Ratio of 10.62% if HTM Securities Loss was Recognized in AOCI REGULATORY CAPITAL TANGIBLE COMMON EQU
Slide 18: Capital Management
FORTRESS BALANCE SHEET 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 – Focus • Share Repurchase ~(5-15%) on building capital, dividend and share •
Slide 19: Interest Rate Risk Profile
FORTRESS BALANCE SHEET INTEREST RATE RISK PROFILE HIGHLIGHTS • 60% of Loan Portfolio is Adjustable and 16% is Variable • 20% of the loan portfolio reprices overnight and an additional 29% reprices within one year • 100% of Investment Portfolio Reprices < 3 years (2.64 Duration) - $326 million in cas
Slide 20: Accolades
ACCOLADES Recognized at national, state, and community levels for delivering exceptional service and being a great place to work. World’s Best Banks America’s Best Banks America’s Best-in-State Banks 2026 2026 2025 Ranked #4 Ranked #5 in Florida, Ranked #4 in Georgia America’s Best Regional Banks 20
Slide 21: Supplemental Information
SUPPLEMENTAL INFORMATION 21
Slide 22: Performance Highlights
PERFORMANCE HIGHLIGHTS ($ in thousands, except per share data) INCOME STATEMENT 1Q25 2Q25 3Q25 4Q25 1Q26 Interest Income 49,782 51,459 51,431 51,715 51,020 Interest Expense 8,235 8,275 7,874 8,355 8,203 Net Interest Income 41,547 43,184 43,557 43,360 42,817 Provision for Credit Losses 768 620 1,881
Slide 23: Loan Portfolio by Segment
LOAN PORTFOLIO BY SEGMENT LOAN PORTFOLIO BY SEGMENT - ($ in thousands) 1Q25 2Q25 3Q25 4Q25 1Q26 Commercial Loans 184,393 180,008 179,018 180,341 170,268 Construction R/E 192,282 174,115 156,756 146,920 156,630 Commercial R/E 806,942 802,504 785,290 768,731 755,800 Residential R/E 1,040,594 1,046,368
Slide 24: Net Interest Margin Trends
NET INTEREST MARGIN TRENDS NET INTEREST INCOME* HIGHLIGHTS $43,184 $43,557 $43,360 • Net Income was $42.8 million for the first quarter of 2026, $42,817 $41,547 down from $43.4 million in the fourth quarter of 2025. - Decrease driven by lower loan interest income and lower overnight funds income, pa
Slide 25: Non-Interest Income Trends
NON-INTEREST INCOME TRENDS NON-INTEREST INCOME TRENDS(1) WEALTH MANAGEMENT FEES(1)* $5,763 1Q26 28% 18% 20% 21% 12% $19,933 1,333 $5,206 $5,172 554 420 $4,525 4Q25 29% 18% 23% 21% 10% $20,103 2,331 2,328 2,050 $4,051 2,226 1,696 3Q25 26% 17% 23% 21% 12% $22,331 2,345 2,432 2,350 2,322 8% 2,203 2Q25
Slide 26: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TOTALS (1) ($ in thousands) Mar 31, 2025 Jun 30, 2025 Sep 30, 2025 Dec 31, 2025 Mar 31, 2026 Shareowners’ Equity (GAAP) 512,575 526,423 540,635 552,851 559,912 Less: Goodwill (GAAP) 92,733 92,693 89,095 89,095 89,095 Tangible
Slide 27: Corporate Headquarters
Corporate Headquarters 217 North Monroe Street Tallahassee, FL 32301 www.ccbg.com
Capital City Bank Group — Q1 2026 Earnings Presentation on 6ix