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First Bank of Georgia

Thomson, GA · Cert 27423

FDIC · 7 branches

Q2 2015

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: Q2 2015, the quarter ended June 30, 2015, 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 Bank of Georgia

Thomson, GA · Cert 27423

FDIC · 7 branches

Q2 2015

$551.1MAssets
$350.8MLoans
$432.6MDeposits
$85.0MEquity
Loan mix
89%RE $253.1M9%C&I $26.2M1%Consumer $3.8MQ2 2014Q2 2015
Deposit mix
77%Interest-bearing $335.2M23%Noninterest $97.4MQ2 2014Q2 2015

NIM

3.70%Q2 ’133.63%Q2 ’143.82%Q2 ’15+1%+16%

Non-interest income vs. expense

4.28%Q2 ’134.12%Q2 ’144.56%Q2 ’15+65%-12%

Market Position · Augusta-Richmond County, GA-SC · 2015 SOD (annual) · 5.5% share · #8 of 20 inst. · $0.4B of $7.9B

6.9% Richmond
6.8% Columbia
24.4% McDuffie

Executive Summary

  • Earnings: ROA of 0.94%, up 4 bps year over year; NIM at 3.81%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 11.97%.
  • Funding: loans stand at 81.10% of deposits as of Q2 2015.

Financial Results

Return on Assets (YTD, annualized)

0.94%+4 bps YoY

Net Interest Margin (YTD, annualized)

3.81%+53 bps YoY

Efficiency Ratio (YTD, annualized)

73.67%-703 bps YoY

Tier 1 Leverage Ratio

11.97%

Year to date, annualized, through each quarter.

MetricQ2 2014Q3 2014Q4 2014Q1 2015Q2 2015YoY ΔTrend
Earnings
Return on Assets0.90%1.03%0.64%0.84%0.94%+4 bps
Return on Equity8.03%9.09%5.70%6.28%6.66%-137 bps
Net Interest Margin3.28%3.31%3.31%3.86%3.81%+53 bps
Efficiency Ratio80.70%76.76%90.75%75.05%73.67%-703 bps
Non-Interest Burden2.29%2.05%2.81%2.19%2.03%-27 bps
Growth
Asset Growth (YoY)4.46%5.12%0.16%2.32%6.27%+181 bps
Loan Growth (YoY)12.89%14.51%9.08%5.55%4.24%-865 bps
Deposit Growth (YoY)-1.74%-0.79%0.55%0.64%3.49%+524 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.35%-0.28%-0.43%-0.01%0.02%+37 bps
Allowance / Loans1.57%1.58%1.52%0.09%0.15%-142 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/a11.87%11.97%n/a
Total Risk-Based Capital16.18%16.37%14.80%14.27%15.47%-71 bps
Equity / Assets11.55%11.73%11.01%15.72%15.42%+387 bps
Liquidity & Funding
Loans / Deposits80.52%78.01%79.02%77.59%81.10%+58 bps
Liquid Assets / Assets1.18%2.86%2.52%2.11%3.26%+208 bps
CRE / Total Capitaln/an/an/an/an/an/an/a