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First Citizens Bank of Georgia

Dawsonville, GA · Cert 58421

FDIC · 2 branches

Q2 2018

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 2018, the quarter ended June 30, 2018, 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 of Georgia

Dawsonville, GA · Cert 58421

FDIC · 2 branches

Q2 2018

$100.9MAssets
$71.1MLoans
$93.2MDeposits
$7.6MEquity
Loan mix
88%RE $42.0M7%C&I $3.3M5%Consumer $2.2MQ2 2017Q2 2018
Deposit mix
84%Interest-bearing $78.6M16%Noninterest $14.6MQ2 2017Q2 2018

NIM

4.12%Q2 ’164.22%Q2 ’174.33%Q2 ’18+7%-3%

Non-interest income vs. expense

4.11%Q2 ’164.00%Q2 ’173.58%Q2 ’18-9%-11%

Market Position · Atlanta-Sandy Springs-Roswell, GA · 2018 SOD (annual) · 0.1% share · #58 of 89 inst. · $0.1B of $173.1B

13.6% Dawson
0.4% Forsyth

Executive Summary

  • Earnings: ROA of -0.74%, down 121 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.08% of loans (+8 bps YoY), with net recoveries of 0.15%.
  • Capital: tier 1 leverage ratio of 7.92%, down 105 bps from a year ago.
  • Funding: loans stand at 76.25% of deposits as of Q2 2018.

Financial Results

Return on Assets (YTD, annualized)

-0.74%-121 bps YoY

Net Interest Margin (YTD, annualized)

3.62%-12 bps YoY

Efficiency Ratio (YTD, annualized)

89.75%-747 bps YoY

Tier 1 Leverage Ratio

7.92%-105 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2017Q3 2017Q4 2017Q1 2018Q2 2018YoY ΔTrend
Earnings
Return on Assets0.47%0.51%0.46%0.39%-0.74%-121 bps
Return on Equity5.40%5.92%5.36%4.87%-9.42%-1,482 bps
Net Interest Margin3.74%3.69%3.63%3.54%3.62%-12 bps
Efficiency Ratio97.23%93.47%93.11%93.85%89.75%-747 bps
Non-Interest Burden3.63%3.42%3.35%3.31%3.21%-42 bps
Growth
Asset Growth (YoY)5.82%9.20%14.99%13.65%15.93%+1,011 bps
Loan Growth (YoY)28.29%25.72%35.77%25.87%22.95%-534 bps
Deposit Growth (YoY)10.26%11.90%15.90%14.55%17.65%+739 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.08%+8 bps
Net Charge-Offs / Loans-0.61%-0.43%-0.31%-0.24%-0.15%+45 bps
Allowance / Loans1.26%1.27%1.19%1.16%1.05%-21 bps
Allowance Coverage of NPLsn/an/an/an/a12.8xn/an/a
Capital
Tier 1 Leverage Ratio8.97%8.83%8.71%8.34%7.92%-105 bps
Total Risk-Based Capital11.79%12.31%11.55%11.67%10.47%-133 bps
Equity / Assets8.73%8.64%8.06%7.98%7.54%-119 bps
Liquidity & Funding
Loans / Deposits72.96%70.79%71.07%73.10%76.25%+328 bps
Liquid Assets / Assets4.65%9.64%11.89%7.72%18.85%+1,419 bps
CRE / Total Capitaln/an/an/an/an/an/an/a