Capital City Bank Group · NASDAQ:CCBG
Capital City Bank — Investor Presentation (February 2025)
23 slides from Capital City Bank's investor presentation, Feb 10, 2025
Slide 1: Investor Presentation
INVESTOR PRESENTATION Corporate Headquarters, Tallahassee, Fla NASDAQ: CCBG x) Bank Group
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Forward-looking statements in this Press Release 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,” “estim
Slide 3: By the Numbers
o Optianta ‘Augusta heen Ss mr 8 og Montgomery Seyanoat) GEORGIA ALABAMA ° BOX o 5 — seen 000 OMS Bie ‘ Panama Cy o Gail 3 each Deposit-centric onal franchise strategically ° located in established rural and high-growth FLORIDA markets of Florida and Georgia. en Bahic Group BY THE NUMBERS* 1895 | Ye
Slide 4: About Us
ABOUT US More than 125 Years Operating as a Stable and Profitable Franchise. Headquartered in Tallahassee, Florida. * 3rd largest publicly traded financial holding company headquartered in Florida. * Seasoned leadership with experience in successfully navigating multiple business cycles and strong i
Slide 5: Delivering Shareholder Value
DELIVERING SHAREHOLDER VALUE History of shareholder value growth. HIGHLIGHTS ~- TBV/Share Growth of 16% in 2024 - 5 Year Avg. Annual Growth of 11% ~ Record Year Earnings in 2024 - 5 Year Avg. Annual Growth of ~ 13% - Dividend/Share Growth of ~16% in 2024 - 5 Year Avg. Annual Growth of 13% DILUTED EP
Slide 6: Why Capital City Bank Group?
WHY CAPITAL CITY BANK GROUP? Well-positioned to continue strong performance. DEPOSIT-DRIVEN ‘CULTURE POSITIONED FOR GROWTH REVENUE DIVERSIFICATION FORTRESS BALANCE SHEET? ()ssPciobola//24 Granular and Tenured Client Base ~ Avg. Balance ~ $30K, Tenure ~ 13 Years Diversified Deposit Mix of 50/50 Consu
Slide 7: Deposit Franchise
DEPOSIT FRANCHISE HIGHLIGHTS Deposit Portfolio Highlights - CAGR of ~8.23% Total Deposits ~8.31% MMA/SAV/NOW + 37% Noninterest Bearing Balance” AVERAGE DEPOSIT PORTFOLIO COMPOSITION, Cenicatesot epost ANNUAL AVERAGE DEPOSIT TREND* 278 670 3,597 DEPOSIT BETA HISTORY 1065 Fea InnBearing Total Fonds |
Slide 8: Positioned for Growth
POSITIONED FOR GROWTH POSITIONED IN ATTRACTIVE MARKETS Significant population, business and wealth migration continue to make Florida and Georgia attractive markets. FLORIDA National Ranking: ‘+ #3 Population (23.1 milion)” + 2nd highest net gain with 126,000 people + #1Netincome Migration® + $36.1
Slide 9: Positioned for Growth: Expanded Market – Emerald Coast
POSITIONED FOR GROWTH EXPANDED MARKET — EMERALD COAST Strategically positioned in high-growth, favorable-demographic Northwest Florida markets. INFLUENCERS Significant Migration & Population Growth + Climate appeal, moving from large, metro markets Strong Single-Family Homebuilding Permi = Walton Co
Slide 10: Positioned for Growth: Expanded Market – Northern Arc
POSITIONED FOR GROWTH EXPANDED MARKET — NORTHERN ARC Well-positioned to leverage favorable population and business growth. INFLUENCERS Significant Migration & Population Growth Atlanta is the Sth largest metro in the U.S. Gwinnett County population 995,170" | Ranks #2 largest in Georgia Cobb County
Slide 11: Positioned for Growth: Legacy Markets
POSITIONED FOR GROWTH LEGACY MARKETS CCBG's strong foothold in Legacy Markets in Florida and Georgia offers continued growth opportunities. TALLAHASSEE GAINESVILLE SUNCOAST MSA MSA (MARKET?) § Total Deposits” $608,492 ssmgse $289,368" of 25 mortetshare® 138% 49% 52% a 4) ree nan " ° #6 4.2 Prolected
Slide 12: Strategic Technology Investments
POSITIONED FOR GROWTH STRATEGIC TECHNOLOGY INVESTMENTS Investing in and implementing digital, scalable platforms to enhance client service, propel growth and fortify bank security. Create Exceptional Client and Associate Experiences Expand ITM locations Enhanced self- service tools for digital banki
Slide 13: Loan Diversification
LOAN DIVERSIFICATION HIGHLIGHTS - Top 25 loan relationships 6% of total loans ~ Total loan portfolio avg. loan size $111K - In-house lending limit of $10 million CRE COMPOSITION” $674,464 165% of Tier 1 Capital Land Development 40202460" 1) $inthowsonas (2)Asg. toon = $562,000 {G)includes $90 milion
Slide 14: Generate Loan Growth
GENERATE LOAN GROWTH PERIOD END LOANS HFI ($ In Millions /% Growth) GROWTH BY SEGMENT (8 in Thousands/% of Total) ee s27a918 $2,500 $2,000 $1,500 $1,000 $500 ozs | 1a28 | 202 | 3028 | saze ©commercaiteans | #225190 | #218206 | $204000 | sio46as | 09.208 @ Construction R/E ‘$196,091 $202,692 $200,754
Slide 15: Revenue Diversification
REVI DIVERSIFIED REVENUES UE DIVi ICATION HIGHLIGHTS - Diversified Loan Portfolio - Wealth AUM of $3.0 Billion - 5-Year CAGR of ~11.44% - Scalable Mortgage Banking Operation - Strong Deposit-Related Fees INTEREST INCOME” $194.7 MILLION 1G Direct ‘Consumer 10% Home Equity RE avto- 12/31/28 SE | FEE I
Slide 16: Fortress Balance Sheet
FORTRESS B CAPITAL EET HIGHLIGHTS - YoY" Growth of 15.66% in TBV/Share and 15.70% in TCE Ratio - $218MM in Excess Regulatory Capital (Above Well-Capitalized) - Adjusted TCE Ratio of 9.17% if HTM Securities Loss was Recognized in AOC! REGULATORY CAPITAL TANGIBLE COMMON EQUITY (SInMillions) ($ In Mill
Slide 17: Credit Quality
CREDIT QUALITY HIGHLIGHTS - Proven strong underwriting and risk management - 5 year average annual credit losses of 13 basis points - ACL coverage 1.10% of loans NON-PERFORMING LOANS* (Geof Loans HF!) 8 0298 ony 02% oa s 00% # 2020 «2021202200 swmttons A) HFtioans ony does notincude $2-2mioninallowa
Slide 18: Interest Rate Risk Profile
E INTEREST RATE RISK PROFILE HIGHLIGHTS - 75% of Loan Portfolio is Variable or Adjustable - 44% of Loan Portfolio Reprices within One Year - 100% of Investment Portfolio Reprices < 3 years (2.19 Duration) LOAN REPRICING" - HFI LOANS LOAN RATE MIX 14% >60 Months x wo} £ 3 4 (stoic Gap -Controctual Re
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 More than your bank. Your banker. ‘OUR PURPOSE We empower our clients’ financial
Slide 20: Supplemental Information
SUPPLEMENTAL INFORMATION
Slide 21: Fourth Quarter 2024 Highlights
HIGHLIGH' FOURTH QUARTER 2024 INCOME STATEMENT 4024 3024 4023 interest income 49743 29,328| 46,184 Interest Expense 8,640 on7 7013 HIGHLIGHTS - 4024 VS 3024 = Net interest Income 41103 4020 3071 Income Statement a Comigeniiese ter ee aoe Provision for Credit Losses 701 1206 2,025 Taxcequivalentnetin
Slide 22: Non-GAAP Financial Measures
NON-GAAP FINANC JAL MEASURES S TOTALS’ 2020 2021 2022 2023 2024 Shareowners’ Equity (GAAP) 320,837 383,166 387,281 440,625 495,317 Less: Goodwill (GAAP) 89,095 93,253 93,093 92,933, 2.773 Tangible Shareowners’ Equity (non-GAAP) 231,742 289,913 294,188 347,692 402,544 Total Assets (GAAP) 3,798,071 42
Slide 23: Capital City Bank Group
Capital Ci x) Bank oan Corporate Headquarters 217 North Monroe Street Tallahassee, FL 32301 www.ccbg.com
Capital City Bank Group — Investor Presentation (February 2025) on 6ix