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First Citizens Bank

Glennville, GA · Cert 15926

FDIC · 4 branches

Q3 2016

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2016, the quarter ended September 30, 2016, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Citizens Bank

Glennville, GA · Cert 15926

FDIC · 4 branches

Q3 2016

$110.4MAssets
$80.7MLoans
$92.1MDeposits
$10.8MEquity
Loan mix
80%RE $49.7M16%C&I $9.9M4%Consumer $2.8MQ3 2015Q3 2016
Deposit mix
84%Interest-bearing $77.3M16%Noninterest $14.8MQ3 2015Q3 2016

NIM

4.08%Q3 ’144.88%Q3 ’154.78%Q3 ’16+30%-1%

Non-interest income vs. expense

5.37%Q3 ’144.93%Q3 ’154.26%Q3 ’16-1%-18%

Market Position · Hinesville, GA · 2016 SOD (annual) · 4.5% share · #4 of 6 inst. · $19.7M of $434.6M

19.6% Tattnall
5.0% Liberty
0.2% Chatham

Executive Summary

  • Earnings: ROA of 0.61%, up 72 bps year over year; NIM at 4.39%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 8.43%, down 33 bps from a year ago.
  • Funding: loans stand at 87.65% of deposits as of Q3 2016.

Financial Results

Return on Assets (YTD, annualized)

0.61%+72 bps YoY

Net Interest Margin (YTD, annualized)

4.39%-3 bps YoY

Efficiency Ratio (YTD, annualized)

83.80%-1,453 bps YoY

Tier 1 Leverage Ratio

8.43%-33 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016YoY ΔTrend
Earnings
Return on Assets-0.11%0.12%0.36%0.69%0.61%+72 bps
Return on Equity-1.06%1.14%3.75%7.15%6.31%+737 bps
Net Interest Margin4.43%4.39%4.15%4.44%4.39%-3 bps
Efficiency Ratio98.33%93.92%88.25%82.61%83.80%-1,453 bps
Non-Interest Burden4.27%4.01%3.50%3.47%3.50%-77 bps
Growth
Asset Growth (YoY)4.55%11.59%11.68%15.65%11.76%+721 bps
Loan Growth (YoY)23.05%29.21%32.23%34.06%16.74%-631 bps
Deposit Growth (YoY)2.00%6.62%8.81%8.61%7.83%+584 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.04%-0.06%-0.01%-0.01%-0.01%+3 bps
Allowance / Loans1.98%1.95%1.91%1.92%2.03%+5 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio8.76%8.51%8.26%8.28%8.43%-33 bps
Total Risk-Based Capital12.60%11.99%11.57%11.58%11.86%-74 bps
Equity / Assets10.14%9.65%9.50%9.76%9.76%-38 bps
Liquidity & Funding
Loans / Deposits80.96%83.58%83.30%90.06%87.65%+669 bps
Liquid Assets / Assets5.63%3.53%1.72%0.97%1.04%-459 bps
CRE / Total Capitaln/an/an/an/an/an/an/a