COMMUNITY BANK LANDSCAPE Florida 1St Quarter 2019

COMMUNITY BANK LANDSCAPE Florida 1st Quarter 2019

SECTION DESCRIPTION

I. FLORIDA BANK DATA

II. FIG PARTNERS UPDATE

2 I. FLORIDA BANK DATA OVERVIEW – FLORIDA BANK REGULATORY DATA

Panhandle

North METHODOLOGY ▪ 8 regions separated by geographic relevance

Tampa ▪ Data as of most recent available Bay Central Atlantic quarter – March 31, 2019 Coast

▪ Regulatory call report data shown for all banks Southwest

Sunshine KEY STATE OBSERVATIONS Coast ▪ Median loan growth of 5.99%

▪ Median NIM of 3.65% South

NOTES FOR ALL REGIONS: NPAs = Nonaccrual Loans + (Loans 90+ PD ) + Restructured Loans + OREO Nonaccrual loans, Loans 90+ PD and OREO are adjusted to exclude the FDIC guaranteed portion of these assets Source: S&P Global Market Intelligence, Most Recent Available Quarter 4 FLORIDA PANHANDLE BANKS

Company Information Balance Sheet Highlights Capital Adequacy Asset Quality Financial Performance Total Total MRQ Total MRQ Lns / Leverage RBC NPA/ LLR/ NCOs/ MRQ MRQ MRQ MRQ Assets Lns Growth Deposits Growth Dep. Ratio Ratio Assets Loans Loans Net Inc. ROAA N.I.M. Efficiency Name City ($M) ($M) (%) ($M) (%) (%) (%) (%) (%) (%) (%) ($000) (%) (%) (%)

Bank of Pensacola Pensacola $84 $41 33.5 % $73 1.4 % 56.3 % 13.41 % 30.72 % 0.00 % 0.97 % 0.00 % $28 0.13 % 2.53 % 89.7 %

Bank of the South Pensacola 78 25 (5.9) 64 (32.9) 39.0 18.93 58.81 0.00 1.05 0.00 33 0.17 2.59 91.7

Beach Community Bank Fort Walton Beach 471 272 12.3 370 (3.0) 73.3 11.42 19.23 8.75 0.78 0.08 181 0.15 3.09 98.4

Capital City Bank Tallahassee 3,035 1,802 4.6 2,647 13.9 68.1 10.08 16.40 0.91 0.78 0.19 7,041 0.94 3.78 73.3

First City Bank of Florida Fort Walton Beach 155 96 (15.5) 141 (6.4) 68.0 2.54 4.60 24.10 2.81 (0.47) (205) (0.53) 3.99 115.0

First Florida Bank Destin 426 238 21.7 364 8.8 65.4 12.55 23.42 0.16 1.45 0.15 1,348 1.30 3.61 62.8

FNBT Bank Fort Walton Beach 438 166 21.7 362 (9.4) 46.0 11.01 21.29 0.71 2.84 (1.00) 1,634 1.51 3.78 67.1

Frst Natl Bk NW FL Panama City 173 68 (14.0) 155 51.5 43.9 10.91 34.56 0.00 1.84 0.00 617 1.50 3.33 54.9

One Florida Bank Chipley 146 46 76.7 72 262.3 64.3 88.35 152.14 0.35 1.00 0.02 (569) (2.82) 2.49 197.1

Peoples Bank of Graceville Graceville 98 41 30.2 87 (5.6) 47.5 11.23 41.27 0.85 0.94 0.13 343 1.36 2.78 55.4

PNB Community Bank Niceville 103 60 13.1 92 17.9 64.9 11.27 22.57 1.78 1.26 (0.08) 94 0.37 4.31 88.9

Prime Meridian Bank Tallahassee 427 300 1.3 387 26.0 77.4 9.18 14.25 0.29 1.27 0.03 971 0.92 3.69 64.4

Summit Bank NA Panama City 519 281 (21.4) 449 44.2 62.7 11.68 17.61 0.66 1.54 0.00 2,474 2.00 4.23 50.7

Warrington Bank Pensacola 85 28 (12.1) 69 7.6 39.7 18.60 43.97 0.00 1.06 0.00 105 0.51 2.66 77.1

Average 446 247 10.5 381 26.9 58.3 17.23 35.77 2.75 1.40 (0.07) 1,007 0.54 3.35 84.7 Median 164 82 8.5 148 8.2 63.5 11.35 23.00 0.51 1.16 0.00 262 0.72 3.47 75.2

Source: S&P Global Market Intelligence, Most Recent Available Quarter 5 NORTH FLORIDA BANKS

Citizens State Bank Perry 278 196 11.3 % 239 (20.5) % 82.0 % 10.35 % 14.63 % 0.42 % 1.03 % 0.65 % 383 0.54 % 3.99 % 78.6 %

Columbia Bank Lake City 213 151 (9.1) 190 15.1 79.4 10.81 15.43 4.12 1.62 (0.17) 137 0.26 3.65 93.0

Community Bank & Trust of FL Ocala 733 305 (1.3) 663 (6.2) 46.0 9.35 16.88 0.09 1.31 (0.06) 1,618 0.90 3.20 70.1

Community State Bank Starke 143 60 1.9 131 25.1 45.5 7.95 16.33 1.62 0.96 0.56 126 0.37 3.89 86.4

Drummond Community Bank Chiefland 619 374 100.9 547 72.5 68.4 10.93 17.86 0.98 2.11 0.10 1,758 1.14 4.47 70.0

First Federal Bank Lake City 1,908 1,060 1.4 1,629 16.6 65.1 10.69 18.96 0.52 0.51 0.03 4,721 1.01 4.45 79.7

Florida Capital Bank N.A. Jacksonville 433 348 27.2 298 96.0 116.9 8.41 10.49 1.51 0.58 0.13 525 0.53 3.45 90.4

Lafayette State Bank Mayo 111 64 9.8 103 41.4 62.0 7.04 11.55 5.25 0.88 0.06 118 0.45 4.44 88.8

Madison County Community Bank Madison 126 63 7.4 114 3.9 55.5 8.98 17.25 1.72 1.25 0.02 301 0.97 3.70 62.8

TIAA FSB Jacksonville 38,034 31,788 11.4 24,252 12.7 131.1 8.25 13.87 1.28 0.47 0.05 39,068 0.42 2.50 78.9

Average 4,260 3,441 16.1 2,816 25.6 75.2 9.28 15.33 1.75 1.07 0.14 4,876 0.66 3.77 79.9 Median 356 250 8.6 268 15.8 66.7 9.17 15.88 1.40 1.00 0.06 454 0.54 3.80 79.3

Source: S&P Global Market Intelligence, Most Recent Available Quarter 6 ATLANTIC COAST FLORIDA BANKS

Cogent Bank Orange City $200 $116 183.7 % $161 225.8 % 72.2 % 23.61 % 28.04 % 1.12 % 2.27 % (0.04) % ($863) (2.28) % 3.32 % 159.5 %

Community Bank of the South Merritt Island 157 54 16.4 140 1.5 38.4 9.80 25.23 0.45 1.30 (0.07) 578 1.46 3.44 59.9

Fidelity Bank of Florida NA Merritt Island 168 119 (5.9) 137 (15.9) 86.6 14.56 21.73 2.26 1.86 (0.05) 217 0.51 4.31 83.5

Florida Bus. Bank Melbourne 138 98 (5.1) 118 5.8 83.1 13.82 18.61 0.00 1.50 (0.11) 358 1.06 3.83 62.2

Friends Bank New Smyrna Beach 98 75 15.8 87 10.3 86.6 10.14 15.97 1.43 1.80 (0.39) 266 1.10 3.88 88.4

Intracoastal Bank Palm Coast 338 226 11.5 303 11.8 74.6 9.69 12.83 0.08 1.25 0.27 1,535 1.85 4.00 51.4

Mainstreet Community Bk of FL Deland 427 340 37.8 387 13.6 88.0 8.57 10.85 0.67 1.30 (0.07) 2,533 2.43 4.48 62.6

Marine B&TC Vero Beach 278 226 14.4 254 13.4 89.1 8.73 14.36 0.37 1.10 (0.01) 394 0.58 3.92 76.7

Oculina Bank Vero Beach 365 323 4.3 308 11.8 104.7 7.52 14.82 0.16 0.80 0.00 (270) (0.30) 3.20 109.6

Seacoast National Bank Stuart 6,784 4,842 0.4 5,607 33.2 86.4 10.60 14.14 0.74 0.68 0.08 23,467 1.38 4.00 55.9

Sunrise Bank Cocoa Beach 223 163 20.1 189 7.7 85.9 11.23 15.53 0.00 0.94 0.00 745 1.33 4.17 68.6

Surety Bank Deland 122 74 6.1 97 8.6 76.1 10.95 18.28 1.21 1.27 (0.01) 378 1.23 3.89 76.3

Average 775 555 25.0 649 27.3 81.0 11.60 17.53 0.71 1.34 (0.03) 2,445 0.86 3.87 79.5 Median 212 141 12.9 175 11.1 86.2 10.37 15.75 0.56 1.29 (0.03) 386 1.17 3.91 72.4

Source: S&P Global Market Intelligence, Most Recent Available Quarter 7 CENTRAL FLORIDA BANKS

Axiom Bank, NA Maitland $657 $527 19.1 % $513 32.3 % 102.6 % 13.66 % 18.00 % 1.65 % 0.98 % 0.21 % $420 0.27 % 4.51 % 89.4 %

Bank of Central Florida Lakeland 515 352 16.1 469 (0.9) 75.0 8.60 13.15 0.01 0.88 0.30 1,577 1.24 3.37 53.0

CenterState Bank NA Winter Haven 12,582 8,399 0.9 9,752 11.4 86.1 10.29 13.05 0.42 0.48 0.04 45,680 1.48 4.29 56.0

Citizens Bank & Trust Lake Wales 652 386 1.7 584 26.4 66.1 7.66 12.54 0.76 0.95 0.03 1,895 1.19 3.64 72.6

Citizens Bank of Florida Oviedo 318 220 3.8 286 16.4 77.1 9.01 12.03 1.30 1.37 (0.01) 420 0.55 3.85 78.1

Citizens First Bank The Villages 2,370 778 10.3 1,860 17.0 41.8 10.85 15.93 0.18 1.08 (0.05) 9,926 1.74 2.89 43.6

Commerce National Bank & Trust Winter Park 114 91 6.4 95 18.7 95.1 12.38 19.05 0.58 2.13 (0.02) 322 1.12 3.86 73.9

First Colony Bank of Florida Maitland 220 172 4.8 198 6.5 86.7 10.12 12.89 1.39 1.35 0.00 1,087 2.01 4.21 50.4

First NB of Mount Dora Mount Dora 236 106 18.6 195 (2.4) 54.5 15.27 25.64 1.96 2.50 0.07 693 1.17 3.58 76.2

Seaside National Bank & Trust Orlando 1,893 1,354 (12.2) 1,561 (0.1) 86.7 7.86 11.46 0.10 1.04 1.42 599 0.13 2.78 61.8

United Southern Bank Umatilla 529 301 (2.4) 474 3.8 63.5 9.85 15.54 1.19 2.28 (0.38) 1,239 0.95 3.90 70.9

Winter Park National Bank Winter Park 275 154 39.5 234 50.3 65.8 15.30 23.36 0.00 1.30 0.00 824 1.27 3.15 50.9

Average 1,697 1,070 8.9 1,352 14.9 75.1 10.90 16.05 0.79 1.36 0.13 5,390 1.09 3.67 64.7 Median 522 326 5.6 472 13.9 76.0 10.21 14.35 0.67 1.19 0.02 956 1.18 3.75 66.4

Source: S&P Global Market Intelligence, Most Recent Available Quarter 8 TAMPA BAY BANKS

Bank of Tampa Tampa $1,758 $1,156 (2.5) % $1,591 30.4 % 72.6 % 9.61 % 12.67 % 0.44 % 1.18 % 0.16 % $5,048 1.20 % 4.08 % 62.6 %

Brannen Bank Inverness 527 307 6.2 492 (1.3) 62.4 6.64 15.82 1.09 1.03 0.00 2,756 2.10 3.98 53.8

Central Bank Tampa 175 139 11.0 157 16.6 88.1 8.13 10.72 0.32 1.56 0.00 220 0.52 3.56 80.0

Century Bank of Florida Tampa 85 55 21.5 69 45.7 80.2 8.86 13.76 0.72 1.13 (0.03) 102 0.51 3.84 86.2

First Citrus Bank Tampa 395 306 (9.0) 325 (0.7) 93.9 9.57 12.26 0.33 0.87 0.00 1,119 1.14 4.09 63.6

First Home Bank Saint Petersburg 409 352 53.8 352 57.1 99.9 11.11 17.61 0.68 2.08 1.54 976 0.98 4.58 76.3

First National Bank of Pasco Dade City 182 118 43.3 157 16.0 75.1 10.64 15.91 0.76 1.86 (0.05) 206 0.46 4.31 80.2

Flagship Community Bk Clearwater 122 91 (5.4) 105 27.3 86.8 14.02 18.11 1.25 1.00 0.34 109 0.37 3.63 80.2

Freedom Bank Saint Petersburg 300 250 40.6 273 54.5 91.6 9.00 10.61 0.40 1.14 (0.01) 776 1.10 4.16 64.7

Hillsboro Bank Plant City 145 87 (20.0) 124 1.9 70.2 13.66 22.75 0.21 1.19 0.00 545 1.55 4.29 52.4

Pilot Bank Tampa 384 301 12.9 324 31.1 92.8 10.02 12.54 1.06 0.60 0.01 271 0.29 3.30 85.5

TCM Bank NA Tampa 286 265 (6.7) 220 (21.0) 120.3 17.22 19.60 0.99 3.22 3.79 730 1.00 6.85 63.3

Average 397 285 12.1 349 21.5 86.2 10.71 15.20 0.69 1.41 0.48 1,072 0.94 4.22 70.7 Median 293 258 8.6 247 21.9 87.5 9.82 14.79 0.70 1.16 0.00 638 0.99 4.09 70.5

Source: S&P Global Market Intelligence, Most Recent Available Quarter 9 SOUTHWEST FLORIDA BANKS

Charlotte State Bank & Trust Port Charlotte $369 $207 7.9 % $333 22.4 % 62.2 % 10.04 % 18.60 % 0.90 % 1.71 % (0.02) % $2,041 2.28 % 3.86 % 59.2 %

Edison National Bank Fort Myers 335 147 (12.4) 295 38.1 49.9 8.04 19.35 0.00 1.38 0.00 878 1.10 3.37 69.0

Englewood Bank & Trust Englewood 307 188 19.7 279 31.7 67.5 9.55 16.46 0.76 1.78 (0.01) 1,614 2.20 4.15 54.7

FineMark National Bk & Tr Fort Myers 1,925 1,428 14.1 1,585 28.6 90.1 9.46 15.93 0.11 1.04 0.03 3,594 0.77 2.58 69.5

First Bank Clewiston 383 266 (1.3) 345 27.4 77.0 9.75 14.11 0.17 1.52 (0.02) 812 0.89 4.09 71.7

First Florida Integrity Bank Naples 1,486 1,106 6.0 1,221 8.1 90.6 8.89 11.38 0.02 0.88 (0.01) 3,671 1.01 3.55 61.8

First National Bk of Wauchula Wauchula 71 49 13.9 61 0.0 80.1 11.80 19.80 2.50 1.89 (0.01) 57 0.31 4.74 93.4

Crews Bank & Trust Arcadia 157 80 (8.7) 139 40.6 57.5 12.13 23.10 0.97 3.44 0.49 347 0.95 4.16 79.9

Gulfside Bank Sarasota 59 9 NM 36 727.8 26.0 46.65 99.37 0.00 1.26 0.00 (508) (4.33) 2.48 245.9

Heartland National Bank Sebring 399 159 (5.7) 349 16.6 45.7 9.86 21.10 0.28 1.47 0.00 1,227 1.27 3.35 53.5

Sabal Palm Bank Sarasota 241 174 13.5 219 56.4 79.3 8.81 13.61 0.00 1.23 (0.03) 343 0.61 3.96 76.3

Sanibel Captiva Community Bank Sanibel 456 390 (3.7) 408 22.6 95.7 7.24 10.77 0.53 0.84 0.00 1,680 1.55 4.63 57.3

Wauchula State Bank Wauchula 674 445 (9.4) 588 5.3 75.8 12.01 19.43 2.30 1.76 0.10 3,285 1.97 4.31 55.8

Average 528 358 2.8 451 78.9 69.0 12.63 23.31 0.66 1.55 0.04 1,465 0.81 3.79 80.6 Median 369 188 2.3 333 27.4 75.8 9.75 18.60 0.28 1.47 0.00 1,227 1.01 3.96 69.0

Source: S&P Global Market Intelligence, Most Recent Available Quarter 10 SUNSHINE COAST FLORIDA BANKS

American National Bank Oakland Park $323 $237 2.7 % $275 17.1 % 86.4 % 13.55 % 17.32 % 0.06 % 1.02 % 0.00 % $971 1.22 % 4.20 % 54.9 %

Anchor Bank Juno Beach 136 114 30.7 109 26.2 104.0 10.33 12.95 0.08 0.79 (0.01) 103 0.31 3.60 100.8

Bank of Belle Glade Belle Glade 105 35 (16.0) 95 (17.9) 37.1 9.26 26.35 0.81 1.14 0.00 227 0.89 3.06 63.9

BankFlorida Palm Beach Gardens 86 64 (17.9) 67 (25.9) 94.5 9.82 14.88 1.63 0.89 0.48 (181) (0.84) 3.36 162.4

Desjardins Bank NA Hallandale 219 168 12.6 181 (3.8) 93.0 15.10 29.87 0.49 1.37 0.00 380 0.74 4.72 82.9

First Bank of the Palm Beaches West Palm Beach 185 148 (8.3) 168 32.5 87.9 8.66 12.63 0.16 0.74 0.00 218 0.48 4.12 82.0

Flagler Bank West Palm Beach 310 226 8.6 244 2.0 92.6 9.47 14.79 0.14 0.71 0.00 1,281 1.62 3.29 49.8

Home Federal Bank of Hollywood Hallandale Beach 53 36 34.1 40 4.8 90.0 14.03 22.95 0.56 0.65 0.00 (200) (1.53) 3.36 142.0

Legacy Bank of Florida Boca Raton 441 366 1.2 346 52.0 106.0 10.51 12.22 0.00 0.71 (0.01) 962 0.88 3.20 65.7

Natbank NA Hollywood 171 141 7.0 128 (32.8) 110.4 17.71 34.13 0.30 0.61 0.01 370 0.88 4.45 75.5

OptimumBank Plantation 106 81 5.6 81 116.7 99.2 10.86 15.52 0.88 2.54 0.96 10 0.04 3.34 104.9

Paradise Bank Boca Raton 313 210 (17.3) 276 24.5 76.2 11.75 17.47 0.42 0.71 1.27 1,592 2.08 5.18 64.3

TransCapital Bank Sunrise 205 160 12.2 159 21.0 100.8 17.48 24.38 1.48 1.00 (0.01) 1,044 2.01 3.97 48.2

Average 204 153 4.2 167 16.7 90.6 12.19 19.65 0.54 0.99 0.21 521 0.68 3.83 84.4 Median 185 148 5.6 159 17.1 93.0 10.86 17.32 0.42 0.79 0.00 370 0.88 3.60 75.5

Source: S&P Global Market Intelligence, Most Recent Available Quarter 11 SOUTH FLORIDA BANKS (1 OF 2)

Amerant Bank NA Coral Gables $7,891 $5,744 (11.9) % $5,921 (9.7) % 97.0 % 10.46 % 13.88 % 0.22 % 1.05 % 0.10 % $15,705 0.78 % 3.00 % 71.5 %

Apollo Bank Miami 703 503 (11.5) 602 13.7 83.5 9.70 13.06 0.83 1.06 0.00 1,852 1.06 3.60 60.2

BAC Florida Bank Coral Gables 2,275 1,778 10.7 1,847 1.6 96.3 9.63 16.28 1.57 0.98 0.02 7,103 1.28 3.27 50.7

Banco Do Brasil Americas Miami 662 469 (10.8) 589 (6.9) 79.8 8.83 18.77 0.19 1.07 0.05 814 0.48 3.50 77.4

Banesco USA Coral Gables 1,316 958 0.6 1,184 32.2 80.9 9.42 13.58 0.33 1.11 (0.53) 3,125 0.96 3.56 78.4

BankUnited NA Miami Lakes 32,609 22,388 6.8 23,922 4.4 93.6 9.24 13.45 0.54 0.51 0.10 70,833 0.87 2.52 54.5

Biscayne Bank Coconut Grove 1,021 880 13.9 788 20.0 111.6 8.79 13.66 0.29 0.99 0.00 2,706 1.06 3.42 57.9

Brickell Bank Miami 440 340 (20.1) 371 (14.3) 91.5 5.27 11.12 2.50 1.07 0.34 (782) (0.69) 3.04 114.5

City National Bank of Florida Miami 14,783 10,370 8.9 11,443 5.5 90.6 10.56 13.58 0.29 0.37 0.00 37,978 1.05 3.03 46.2

Continental National Bank Miami 479 339 (3.4) 406 15.7 83.6 8.22 12.78 0.28 1.18 0.10 678 0.57 3.50 82.3

Eastern National Bank Miami 388 329 (24.5) 328 7.8 100.5 8.39 11.74 3.33 1.98 (0.08) (92) (0.09) 3.34 101.0

Executive National Bank Miami 452 370 8.6 383 19.7 96.6 11.26 17.25 0.46 1.29 (0.01) 1,015 0.91 3.75 69.9

First National Bk South Miami South Miami 776 556 (0.7) 651 30.3 85.4 10.12 15.34 0.28 1.39 (0.05) 1,163 0.62 3.44 72.3

First State Bk of the FL Keys Key West 966 652 4.4 752 12.8 86.7 8.76 15.96 1.28 1.09 0.14 3,274 1.36 3.53 65.4

Grove Bank & Trust Miami 652 290 11.2 533 (4.6) 54.4 17.75 29.97 0.38 2.67 0.00 301 0.19 2.85 94.8

Helm Bank USA Miami 838 532 4.5 700 34.3 76.1 12.17 30.11 1.94 1.92 0.03 2,092 1.02 3.74 70.0

Intercredit Bank NA Miami 368 289 0.6 289 7.4 100.2 10.59 15.96 0.73 1.68 0.00 (75) (0.08) 2.90 104.4

International Finance Bank Miami 687 512 8.3 604 (4.2) 84.8 6.71 11.32 0.64 1.10 0.01 1,140 0.66 3.52 73.9

Marquis Bank Coral Gables 656 548 (5.7) 550 18.6 99.8 9.52 11.92 0.28 0.90 (0.05) 2,059 1.27 3.68 54.4

Ocean Bank Miami 4,135 3,170 0.4 3,538 25.4 89.6 11.09 NA 0.99 1.49 (0.27) 10,031 1.00 3.92 68.9

South Florida banks list continued on following page

Source: S&P Global Market Intelligence, Most Recent Available Quarter 12 SOUTH FLORIDA BANKS (2 OF 2)

Pacific National Bank Miami 499 355 28.7 373 43.5 95.3 14.20 19.66 0.35 0.70 0.00 474 0.39 3.10 77.3

Plus International Bank Miami 88 52 (27.6) 74 68.3 70.8 18.63 26.94 0.00 1.45 0.00 83 0.43 3.99 93.5

Professional Bank Coral Gables 833 651 28.8 717 58.6 90.8 8.82 13.52 0.04 0.86 0.00 485 0.25 3.44 92.1

Sunstate Bank Miami 435 236 (3.5) 346 (0.0) 68.2 9.11 12.09 0.31 0.74 (0.49) 1,708 1.58 3.49 68.4

Terrabank N.A. Miami 392 268 6.1 354 (1.2) 75.8 9.38 14.98 0.00 1.10 0.02 284 0.29 3.51 88.4

U.S. Century Bank Doral 1,190 890 0.9 943 24.6 94.4 9.32 13.47 0.43 1.29 (0.27) 2,174 0.74 3.39 72.1

Average 2,905 2,057 0.9 2,239 15.5 87.6 10.23 16.02 0.71 1.19 (0.03) 6,390 0.69 3.39 75.4 Median 695 522 0.7 603 13.2 90.1 9.47 13.66 0.36 1.10 0.00 1,436 0.76 3.47 72.2

State of Florida Summary Statistics

Max. $38,034 $31,788 183.7 % $24,252 727.8 % 131.1 % 88.35 % 152.14 % 24.10 % 3.44 % 3.79 % $70,833 2.43 % 6.85 % 245.9 % Min. 53 9 (27.6) 36 (32.9) 26.0 2.54 4.60 0.00 0.37 (1.00) (863) (4.33) 2.48 43.6 Average 1,503 1,079 8.8 1,142 27.2 78.8 11.80 19.80 1.04 1.28 0.09 3,229 0.77 3.69 77.4 Median 376 244 6.0 316 14.5 81.5 10.12 15.93 0.51 1.12 0.00 738 0.92 3.65 72.2

Source: S&P Global Market Intelligence, Most Recent Available Quarter 13 FLORIDA PUBLICLY TRADED BANKS (INCL. OTC)

Sorted by Market Capitalization Market Data Financial Highlights

Price to: Div. Weekly Short Insider Institut. LTM Total Total TCE NPAs/ LTM LTM Mkt Cap Closing Tg Bk EPS Yield Volume Interest Own. Own. Return Assets Loans /TA Assets ROAA ROAE Ticker Institution City Exchange ($M) Price (%) (x) (%) (%) (%) (%) (%) (%) ($M) ($M) (%) (%) (%) (%)

BKU BankUnited Inc. Miami Lakes NYSE $3,600.6 $36.74 126.5 % 12.7 x 2.3 % 4.6 % 2.4 % 0.8 % 98.3 % -7.2 % $32,703.0 $22,387.5 8.7 0.44 0.97 10.03

CSFL CenterState Bank Corp. Winter Haven NASDAQ 3,236.3 $24.77 204.4 13.8 1.8 2.4 1.5 2.7 59.9 -16.4 12,587.6 8,398.9 9.9 0.40 1.44 9.27

SBCF Seacoast Banking Corp. of FL Stuart NASDAQ 1,452.3 $28.54 218.9 19.7 0.0 2.8 4.7 2.0 83.9 3.6 6,783.4 4,842.3 10.2 0.73 1.14 9.15

AMTB Mercantil Bank Holding Corp. Coral Gables NASDAQ 694.0 $17.83 101.5 15.4 -- 0.3 0.0 29.5 13.2 1782.1 7,902.4 5,744.4 9.6 0.26 0.60 6.59

CCBG Capital City Bank Group Inc. Tallahassee NASDAQ 389.9 $23.35 173.9 14.7 1.9 0.6 0.6 37.1 40.0 4.2 3,052.1 1,801.7 7.6 0.91 0.93 8.97

FNBT FineMark Holdings Inc. Fort Myers OTCQX 248.9 $28.05 151.8 17.1 -- 0.1 0.0 0.0 2.2 2798.5 1,931.1 1,430.7 8.5 0.10 0.82 9.63

TGRF TGR Financial Inc. Naples OTCQX 203.3 $11.73 165.1 14.3 -- 0.1 0.0 5.0 2.7 -6.9 1,489.0 1,106.4 8.3 0.00 1.14 12.64

TSHR Three Shores Bancorp. Inc. Orlando OTC Pink 176.5 $9.71 165.5 13.5 -- 0.0 -- 0.0 0.8 24.5 1,883.2 1,396.7 6.1 0.07 0.95 12.79

FMIA First Miami Bancorp Inc. South Miami OTC Pink 107.8 $1,235.00 105.6 NA 0.4 0.0 0.0 76.4 -- 15.9 770.4 556.8 13.2 NA 0.38 2.86

PFHD Professional Holding Corp. Coral Gables OTC Pink 81.2 $17.62 NA NA -- 0.2 0.0 14.8 -- 3.3 729.5 607.2 NA NA NA NA

PMHG Prime Meridian Holding Co. Tallahassee OTCQX 66.0 $20.98 127.6 15.8 0.6 0.2 0.0 20.7 8.7 7.5 426.8 299.5 12.1 0.14 1.05 8.48

FCIT First Citrus Bancorp. Inc. Tampa OTC Pink 47.7 $25.05 147.8 11.7 -- 0.1 0.0 25.8 1.3 4.4 396.1 304.8 8.7 0.37 1.12 13.14

PLBN Pilot Bancshares Inc. Tampa OTC Pink 40.9 $3.31 NA NA 0.0 0.1 0.0 49.8 -- -9.1 361.4 291.2 NA NA NA NA

FRIE Friends Bank New Smyrna Beach OTC Pink 18.0 $8.60 170.9 13.1 0.0 0.1 0.0 16.6 -- 81.1 97.8 75.4 10.9 1.43 1.43 13.99

OPHC OptimumBank Holdings, Inc. Fort Lauderdale NASDAQ 7.5 $3.95 140.4 7.6 -- 2.7 0.2 35.9 5.1 -15.8 100.4 79.4 5.3 NA 0.86 19.77

Avg. 691.4 153.9 14.1 0.9 1.0 0.7 21.1 28.7 311.3 4,747.6 3,288.2 9.2 0.44 0.99 10.56 Median 176.5 151.8 14.1 0.5 0.2 0.0 16.6 8.7 4.2 1,489.0 1,106.4 8.7 0.37 0.97 9.63

Note: Market data as of May 6, 2019 Source: S&P Global Market Intelligence, Most Recent Available Quarter 14 RECENT FLORIDA M&A TRANSACTIONS

Sorted by date announced Terms of the Transaction Target Financials Deal Purchase Price to Core Dep. Total NPA/ TCE/ LTM Date Considr Value Tg. Bk Erngs Assets Premium Assets Assets TA ROAA Announced Buyer St. Seller City St. Type ($M) (%) (x) (%) (%) ($M) (%) (%) (%)

05/06/19 Banco Bradesco SA -- BAC Florida Bank Coral Gables FL Cash $500.0 258.9 16.8 22.0 33.7 $2,274.8 1.57 8.49 1.37 05/03/19 MIDFLORIDA Credit Union FL Community Bank & Trust of FL Ocala FL Mix NA NA NM NA NA 733.3 0.09 9.16 1.10 03/27/19 Power Financial Credit Union FL TransCapital Bank Sunrise FL Cash NA NA NM NA NA 204.1 1.50 18.00 2.44 03/05/19 BancorpSouth Bank MS Summit Financial Entrprs Inc. Panama City FL Mix 100.3 173.1 14.3 21.3 11.5 471.9 0.75 11.71 1.58 02/25/19 Investor Group FL First City Bank of Florida Fort Walton BeachFL Cash NA NA NM NA NA 157.9 23.31 2.50 -0.54 02/19/19 FAIRWINDS CU FL Friends Bank New Smyrna BeachFL Mix NA NA NM NA NA 95.3 1.56 10.83 1.27 01/24/19 Central Florida Educators FCU FL Fidelity Bank of Florida NA Merritt Island FL Cash NA NA NM NA NA 174.4 0.87 17.04 -0.88 01/14/19 VyStar CU FL Citizens State Bank Perry FL Cash NA NA NM NA NA 279.7 0.44 9.74 1.30 11/16/18 First Citizens BancShares Inc. NC Biscayne Bancshares Inc. Coconut Grove FL Cash 119.5 178.8 11.2 12.1 10.1 989.9 0.26 8.45 1.36 08/08/18 Investor group -- One South Bank Chipley FL Mix NA NA NM NA NA 46.9 1.18 12.87 0.67 07/26/18 IBM Southeast Employees' CU FL Oculina Bank Vero Beach FL Mix NA NA NM NA NA 358.6 0.16 8.70 1.07 07/24/18 First Bancshares Inc. MS FMB Banking Corp. Monticello FL Mix 80.3 207.1 21.3 16.7 11.2 480.4 2.45 8.51 1.09 07/24/18 Synovus Financial Corp. GA FCB Financial Holdings Inc. Weston FL Stock 2,868.9 228.6 20.6 23.5 23.3 12,192.3 0.22 9.88 1.24 07/23/18 Drummond Banking Co. FL PSB BancGroup Inc. Lake City FL Cash NA NA NM NA NA 86.9 3.81 8.68 0.35 07/13/18 PBD Holdings LLC TN First Columbia Bancorp Inc. Lake City FL Cash 21.5 109.4 NM 10.6 1.2 207.6 5.91 10.05 -1.11 06/11/18 Seacoast Banking Corp. of FL FL First Green Bancorp Inc. Mount Dora FL Stock 135.1 178.3 NM 18.5 13.3 730.9 0.07 10.48 0.91 04/09/18 Private Investor-David Bolger -- Beach Community Bank Fort Walton BeachFL Cash 0.9 6.1 NM 0.2 NM 496.0 32.52 2.83 -0.86 04/06/18 Sunstate Bank FL Intercontinental Bkshs LLC West Miami FL Cash 29.0 143.0 NM 19.4 14.8 149.3 0.00 13.45 0.41 03/20/18 National Commerce Corp. AL Premier Community Bank of FL Bradenton FL Mix 51.9 199.9 NM 25.8 21.6 201.2 0.80 13.04 0.20 02/14/18 Achieva CU FL Preferred Community Bank Fort Myers FL Cash NA NA NM NA NA 117.6 0.54 11.37 0.37

Avg. 390.7 168.3 16.9 17.0 15.6 1,022.5 3.90 10.29 0.67 Median 90.3 178.5 16.8 19.0 13.3 243.7 0.84 9.97 0.99

Note: Data as of May 6, 2019 Source: S&P Global Market Intelligence 15 II. FIG PARTNERS UPDATE FIG PARTNERS MISSION

“WE ARE DEDICATED TO COMMUNITY BANKS AND WE EXIST TO BE THE TRUSTED ADVISOR FOR COMMUNITY BANKS AND THEIR INVESTORS ”

Founded in 2003, FIG Partners is a recognized Industry Specific, Client Focused industry expert in our five primary services: M&A

Capital Strategic Raising Advisory

Market Valuation Makers Services

www.figpartners.com Fixed Equity Income Capital Markets

Equity Sales & Research Trading

17 INVESTMENT BANKING AND CAPITAL MARKETS

Capital Mergers & Advisory Markets Acquisitions Services

• Public Equity & Debt • Whole Bank Sales • Valuation Services Offerings • Branch Divestitures • Strategic Planning • Private Placements of Debt & • Acquisition Analysis • Fairness Opinions Equity • Merger of Equals • Distressed Asset Sales • Private Equity Transactions • Change of Control • Succession Planning • Recapitalizations Transactions • Capital Advisory

▪ Providing guidance and maximizing value for clients:1 • Participated in 143 equity capital offerings, helping raise > $4.7 billion of equity capital since inception • Participated in 35 debt capital offerings, helping raise > $800 million of debt capital since inception • Advised on 120 whole bank transactions, totaling > $8.0 billion in transaction value since inception ▪ A seasoned team of more than 17 experienced and veteran professionals: • Involved in over $5.0 billion of equity raises • More than 275 bank transactions throughout the nation • Combined experience of more than 225 years

(1) Updated as of May 8, 2019 Source: S&P Global Market Intelligence, FIG Partners 18 RECENT FIG PARTNERS TRANSACTIONS

Agreed to be Agreed to Acquire Acquired by $31,050,000 $13,000,000 $26,250,000 Initial Public Common Stock Common Stock Offering Offering Offering Financial Advisor Lead Book Runner Sole Placement Agent Sole Placement Agent Financial Advisor May 2019 May 2019 April 2019 April 2019 March 2019

Agreed to Acquire $3,000,000 $16,000,000 $23,000,000 $81,900,000 Subordinated Debt Common Stock Common Stock Offering Offering Offering Initial Public Offering Sole Placement Agent Sole Placement Agent Lead Manager Financial Advisor Co-Manager March 2019 February 2019 February 2019 January 2019 December 2018

Agreed to Merge with Agreed to be $1,500,000 Agreed to be Agreed to Acquire Acquired by Acquired by Subordinated Debt Offering Financial Advisor Sole Placement Agent Financial Advisor Financial Advisor Financial Advisor December 2018 December 2018 December 2018 December 2018 December 2018

Note: Dates are as of announcement date for M&A transactions, unless noted otherwise 19 A NATIONALLY RECOGNIZED CAPITAL RAISING LEADER

▪ Since January 1, 2017, FIG has helped Capital Offerings League Tables < $1.0 Billion Assets¹ Number of raise more than $1.2 billion of equity Rank Advisor Offerings capital, and more than $190 million of National debt capital, successfully completing 40 1 FIG Partners LLC 65 equity capital raises and 13 debt capital 2 Sandler O'Neill 42 3 Stifel / KBW 28 raises

2 ▪ Since Inception, FIG has helped raise more Capital Offerings League Tables < $50.0 Million Offered Capital Offerings League Tables < $1.0 Billion Assets¹ Number of than $4.7 billion of equity capital, and Rank Advisor Offerings more than $800 million of debt capital, National successfully completing 143 equity capital 1 Sandler O'Neill 94 raises and 35 debt capital raises 2 Stifel / KBW 75 3 FIG Partners, LLC 71

$31.1 Million $26.3 Million $63.3 Million $45.0 Million $72.1 Million

Initial Public Common Stock Common Stock Common Stock Initial Public Offering Offering Offering Offering Offering Lead Book Runner Sole Placement Agent Sole Book Runner Sole Placement Agent Lead Book Runner May 2019 April 2019 August 2018 August 2018 May 2018

(1) Preferred and common stock offerings from January 1, 2009 to May 8, 2019 (2) Preferred and common stock offerings < $50M, from January 1, 2011 to May 8, 2019 Source: S&P Global Market Intelligence, FIG Partners 20 A STRONG HISTORY OF CAPITAL RAISING EFFORTS

Date of Company State Symbol Offering/Role Offering Size Offering ▪ Specialization Most Recent FIG Partners Capital Raises Red River Bancshares, Inc. LA RRBI Lead Book Runner $31.1 M May-19 FIG is among the premier investment banking and capital BankFirst Capital Corporation MS Private Sole Placement Agent $13.0 M Apr-19 markets firms focused on serving the needs of small-cap United Bancorporation of Alabama, Inc. AL UBAB Sole Placement Agent $26.3 M Apr-19 financial institutions. Victory Bancorp, Inc. PA VTYB Sub Debt $3.0 M Mar-19 First Southern Bank GA Private Sole Placement Agent $16.0 M Feb-19 FNCB Bancorp, Inc. PA FNCB Lead Manager $23.0 M Feb-19 ▪ Institutional Distribution Mercantil Bank Holding Corporation FL AMTB Co-Manager $81.9 M Dec-18 Grand Mountain Bancshares, Inc. CO GMBB Sub Debt $1.5 M Dec-18 Our Equity Capital Markets team has excellent long-term Embassy Bancshares, Inc. GA Private Sub Debt $5.0 M Dec-18 relationships with leading institutions focused on investing in GrandSouth Bancorporation SC GRRB Sub Debt $10.0 M Nov-18 Pilot Bancshares, Inc. FL PLBN Sole Placement Agent $10.0 M Oct-18 small- and mid-cap banks. Revere Bank MD REVB Co-Manager $47.1 M Sep-18 HarborOne Bancorp, Inc. (MHC) MA HONE Sub Debt $35.0 M Aug-18 ▪ Accredited Investor and Retail Network Select Bancorp, Inc. NC SLCT Sole Book Runner $63.3 M Aug-18 MainStreet Bancshares, Inc. VA MNSB Sole Placement Agent $45.0 M Aug-18 FIG has a deep stable of high net worth and home office Freedom Bancorp, Inc. NJ Private Sub Debt $12.0 M Jun-18 Citizens Community Bancorp, Inc. WI CZWI Senior Placement Agent $65.0 M Jun-18 investors to ensure success on smaller market cap names. First Mid-Illinois Bancshares, Inc. IL FMBH Lead Book Runner $36.0 M Jun-18 First Internet Bancorp, Inc. IN INBK Co-Manager $57.5 M Jun-18 ▪ After Market Support Studio Bank TN Private Sole Placement Agent $46.0 M Jun-18 BayCom Corp. CA BCML Lead Book Runner $72.1 M May-18 Our Sales and Trading desk is a leading market maker in small- Gateway Bank, F.S.B. CA Private Sole Placement Agent $10.5 M May-18 Porter Bancorp, Inc. KY PBIB Financial Advisor $15.0 M Mar-18 cap stocks, often trading far more shares than any of the other Village Bank and Trust Financial Corp. VA VBFC Sub Debt $5.7 M Mar-18 financial institution “boutique” firms. SB Financial Group, Inc. OH SBFG Sole Book Runner $30.0 M Feb-18 First Capital Bancshares, Inc. NC FCPB Financial Advisor $30.0 M Feb-18 Ben Franklin Financial, Inc. IL BFFI Sole Placement Agent $4.5 M Feb-18 ▪ Research Capabilities McHenry Bancorp, Inc. IL Private Sole Placement Agent $23.0 M Jan-18 Coastal Bank & Trust NC Private Sole Placement Agent $8.0 M Jan-18 FIG Research team is a leading provider to community banks First Bancshares, Inc. MS FBMS Co-Manager $58.4 M Oct-17 with coverage of over 100 banks, mostly small-cap, Eagle Bancorp Montana, Inc. MT EBMT Co-Manager $21.7 M Oct-17 FFBW, Inc. WI FFBW Sole Placement Agent $29.5 M Oct-17 throughout the entire nation. Gold Coast Bancorp NY GLDT Sub Debt $13.5 M Sep-17 Fidelity Financial Corporation KS Private Sub Debt $42.0 M Sep-17 ▪ Experienced Deal Team Pilot Bancshares, Inc. FL PLBN Sole Placement Agent $7.5 M Sep-17 First Internet Bancorp IN INBK Co-Manager $55.0 M Sep-17 We will devote significant investment banking resources to FS Bancorp, Inc. WA FSBW Co-Manager $27.6 M Sep-17 ensure the highest level of execution. Our investment bankers Grand Mountain Bancshares, Inc. CO Private Sole Placement Agent $5.6 M Sep-17 Bay Banks of Virginia, Inc. VA BAYK Sole Placement Agent $35.0 M Aug-17 have a tremendous amount of experience leading equity Citizens Community Bancorp, Inc. WI CZWI Sub Debt $15.0 M Aug-17 capital transactions for our clients. Bank of Fincastle VA BFTL Sole Placement Agent $14.3 M Jul-17 RBB Bancorp CA RBB Co-Manager $86.3 M Jul-17 Metropolitan Capital Bancorp, Inc. IL Private Sub Debt $6.0 M Jul-17 Coastal Carolina Bancshares SC CCNB Sole Placement Agent $16.5 M Jun-17 Sussex Bancorp NJ SBBX Co-Manager $30.0 M Jun-17 21 A NATIONALLY RECOGNIZED, LEADING M&A ADVISOR

1 ▪ Since January 1, 2017, FIG has U.S. Bank M&A Advisory League Tables Number of advised on 45 M&A transactions, Rank Advisor Transactions

totaling approximately $4.7 billion Since January 1, 2017 in transaction value 1 Sandler O'Neill 117

2 Stifel / KBW 95 ▪ Since Inception, FIG has advised 3 Hovde Group, LLC 58 on 120 M&A transactions, totaling more than $8.0 billion in 4 FIG Partners, LLC 45 transaction value 5 Stephens Inc. 39

$751 Million $305 Million $80 Million $1.4 Billion $117 Million

Agreed to be Agreed to Acquire Agreed to Acquire Agreed to be Agreed to Acquire Acquired by Acquired by

Financial Advisor Financial Advisor Financial Advisor Financial Advisor Financial Advisor December 2018 August 2018 July 2018 May 2018 April 2018

(1) Data as of May 8, 2019 Source: S&P Global Market Intelligence, FIG Partners 22 FIG PARTNERS HISTORICAL WHOLE BANK TRANSACTIONS Since its inception in 2003, FIG Partners has advised on 120 community bank deals nationwide. This represents over $8.0 billion in deal value.

Announcement Deal Value Total Assets Announcement Deal Value Total Assets Date Buyer Seller ($M) ($M) Date Buyer Seller ($M) ($M)

05/08/19 Southern States Bancshares, Inc. East Alabama Financial Group, Inc. -- 241.1 06/28/17 Bank of McKenney CCB Bankshares Inc. 19.0 216.1 03/19/19 First Bank Grand Bank NA 19.4 196.9 06/26/17 BayCom Corp. Plaza Bank 10.6 69.7 01/22/19 Citizens Community Bancorp, Inc. F. & M. Bancorp of Tomah Inc. 21.6 194.6 06/01/17 Charter Financial Corporation Resurgens Bancorp 26.3 166.8 12/20/18 CCF Holding Company Heritage Bncp, Inc./ Providence Bk 105.0 628.7 05/04/17 Trona Valley Community Federal Credit Union State Bank -- 37.0 12/17/18 Ameris Bancorp Fidelity Southern Corp. 750.7 4,812.1 05/04/17 Seacoast Banking Corporation of Florida Palm Beach Community Bank 71.3 346.0 12/13/18 Delmar Bancorp Virginia Partners Bank 55.1 420.1 04/24/17 Sierra Bancorp OCB Bancorp 35.5 270.3 12/12/18 Morris State Bancshares, Inc. FMB Equibanc Inc. 23.6 193.0 03/28/17 FNS Bancshares, Inc. Commerce Bancshares Inc. 21.8 159.1 12/10/18 BayCom Corp Uniti Financial Corp. 63.9 325.4 03/17/17 Citizens Community Bancorp, Inc. Wells Financial Corp. 40.2 268.5 11/15/18 BankFirst Capital Corporation FNB Bcshs of Central AL Inc. 47.4 273.2 02/17/17 West Town Bancorp, Inc. Sound Banking Co. 22.9 185.3 09/13/18 Park National Corporation CAB Financial Corp. 141.8 730.7 02/06/17 First Busey Corporation First Community Finl Partners 242.0 1,268.2 08/23/18 Lakeland Bancorp, Inc. Highlands Bancorp Inc. 56.7 487.9 12/15/16 BayCom Corp. First ULB Corp. 36.9 452.6 08/22/18 First Busey Corporation Banc Ed Corp. 304.9 1,853.1 12/13/16 Southern National Bancorp of Virginia, Inc. Eastern Virginia Bankshares 180.9 1,314.9 08/13/18 BayCom Corp Bethlehem Financial Corp 23.5 156.8 11/15/16 Little Bank, Inc. Union Banc Corp. 30.7 299.5 07/24/18 First Bancshares, Inc. FMB Banking Corp. 80.0 480.4 11/03/16 Bay Banks of Virginia, Inc. Virginia BanCorp Inc. 31.6 323.6 06/21/18 Citizens Community Bancorp, Inc. United Bank 50.7 280.8 10/20/16 Independent Bank Corp. Island Bancorp Inc 24.5 194.1 06/15/18 Carolina Trust BancShares, Inc. Clover Community Bkshs Inc. 21.5 130.2 07/01/16 North Shore Bank, FSB Layton Park Financial Grp Inc 5.7 122.9 06/12/18 First Mid-Illinois Bancshares, Inc. SCB Bancorp Inc. 70.4 437.8 06/08/16 Farmers & Merchants Bancorp Delta National Bancorp 7.2 106.0 06/07/18 First Midwest Bancorp, Inc. Northern States Financial Corp 91.0 487.1 05/12/16 Coastal Carolina Bancshares, Inc. VistaBank 12.2 110.1 05/18/18 Citizens Bancshares Corporation Regional Bankshares Inc. 11.3 117.0 04/26/16 First Mid-Illinois Bancshares, Inc. First Clover Leaf Fin Corp. 89.5 636.9 05/13/18 Cadence Bancorporation State Bank Finl Corp. 1,373.7 4,892.3 03/14/16 First Community Financial Partners, Inc. Mazon State Bank 8.5 84.6 05/10/18 Stifel Financial Corp. Bus. Bancshares Inc. 127.4 619.5 01/04/16 Sierra Bancorp Coast Bancorp 13.8 146.9 04/23/18 RBB Bancorp First American Intl Corp 116.8 873.4 12/17/15 Pacific Commerce Bancorp ProAmérica Bank 29.8 211.1 04/19/18 Premier Financial Bancorp, Inc. First Bank of Charleston Inc. 27.8 189.2 12/03/15 First Busey Corporation Pulaski Financial Corp. 211.6 1,521.7 03/14/18 HarborOne Bancorp, Inc. (MHC) Coastway Bncp, Inc. 125.6 738.9 12/03/15 Charter Financial Corporation CBS Financial Corp. 58.7 368.7 12/20/17 Heritage Commerce Corp Tri-Valley Bank 31.1 147.2 11/23/15 BNH Financial Community Guaranty Corp. 12.9 115.1 12/13/17 South Atlantic Bancshares, Inc. Atlantic Bancshares Inc. 18.1 87.0 11/10/15 RBB Bancorp TFC Holding Co. 83.2 486.9 12/11/17 Union Savings and Loan Association Hibernia Bancorp Inc 28.0 136.5 10/26/15 Fidelity Southern Corporation American Enterprise Bkshs Inc 26.9 205.4 12/11/17 First Mid-Illinois Bancshares, Inc. First BancTrust Corp. 73.8 465.6 10/21/15 Southern BancShares (N.C.), Inc. Heritage Bankshares Inc. 50.2 340.9 10/24/17 Bangor Bancorp, MHC First Colebrook Bancorp Inc. 45.0 262.4 10/19/15 Bank of the Ozarks, Inc. Community & Southern Hldgs Inc 799.5 3,859.5 09/27/17 Old Line Bancshares, Inc. Bay Bancorp Inc. 127.6 645.9 10/14/15 NCAL Bancorp Commercial Bank of California -- 328.2 09/25/17 First Reliance Bancshares, Inc. Independence Bancshares Inc. 2.6 89.8 08/24/15 Avadian Credit Union American Bank of Huntsville 9.2 123.1 09/18/17 First American Bank Corporation Southport Financial Corp. 44.0 285.3 08/14/15 BNC Bancorp Southcoast Financial Corp. 95.5 505.6 08/16/17 National Commerce Corporation FirstAtlantic Finl Hldgs Inc 107.9 462.4 07/30/15 Glacier Bancorp, Inc. Cañon Bank Corp. 31.7 253.1 08/01/17 PB Financial Corporation CB Financial Corp. 11.2 106.8 07/20/15 HCBF Holding Company, Inc. OGS Investments Inc. 23.5 231.1 07/21/17 Delmar Bancorp Liberty Bell Bank 16.8 147.8 05/14/15 FNB Bancorp America California Bank 21.5 132.6

Source: S&P Global Market Intelligence, FIG Partners 23 FIG PARTNERS FLORIDA TEAM

Lozan Aleksandrov’s primary responsibilities include advising community banks on capital raising, providing and evaluating strategic alternatives, advising on buy-side and sell-side merger & acquisition transactions, branch sales and other strategic transactions. He also specializes in providing fairness opinions and various bank valuation services. Lozan joined FIG Partners in 2005 and spent two years as an equity research associate, actively following 46 small- and mid-cap banks and thrifts, before Lozan Aleksandrov, CFA joining the investment banking team. Mr. Aleksandrov has an MBA degree from Tulane Senior Vice President, Deputy University and is a CFA charterholder. At Tulane University, Mr. Aleksandrov served as Head of Capital Markets, an Associate Director for the Burkenroad Reports Program, a student-run equity Investment Banking Direct (404) 601-7211 research shop. Mobile (404) 202-4663 [email protected]

24 FIG PARTNERS FLORIDA TEAM

Matt Veneri joined FIG Partners in 2005 and has 20 years of financial services experience. He co-leads the investment banking team and serves as a strategic advisor to financial institutions. Matt focuses on M&A transactions, bank and thrift valuations and capital offerings. He has extensive experience working with community banks and has served as an advisor on more than 75 bank transactions totaling more than $3 billion. Before joining FIG, he was Vice President at Hovde Group, where he worked with financial institutions located across the Southeast, Texas, and the Rocky Mountain Matt Veneri regions. Before that, Matt worked at Ambassador Financial Group, (formerly Danielson Managing Principal, Co-Head of Associates, Inc.), a regional investment banking firm that served community bank Investment Banking Direct (404) 601-7222 clients in the Southeast and Mid-Atlantic states. Matt received a Bachelor of Business Mobile (202) 258-2450 Administration degree in Economics from the University of Pennsylvania. [email protected]

John Schramm has an extensive investment banking background focused on community banks. Most recently he was a Managing Director with Ranieri Partners. Prior to that he was a Managing Director in the investment banking group at Howe Barnes Hoefer & Arnett, where he co-led Howe Barnes’ expansion in the Southeast. In 2002, John co-founded the Financial Institutions Group at Triangle Capital Partners. From 1987-2002 he worked at Trident Securities, a division of McDonald Investments. John began his career as a management information systems consultant with Arthur John Schramm Andersen & Co. He has a BA in Economics from Northwestern University and an MBA in Principal, Investment Banking Finance from Duke University. Mobile (919) 349-8541 [email protected]

25 We are Dedicated to the Success of Community Banks and Their Investors

RESEARCH | INVESTMENT BANKING | EQUITY SALES & TRADING | FIXED INCOME | CORPORATE & PRIVATE CLIENT SERVICES

ATLANTA – HEADQUARTERS 1475 Peachtree Street NE⚫ Suite 800 ⚫ Atlanta, GA 30309 www.figpartners.com CHICAGO NEW JERSEY WASHINGTON, D.C. LOS ANGELES 20 N Wacker Drive, Suite 2035 75 W. Front Street, Suite 5 6010 Executive Blvd., Suite 503 350 S. Figueroa Street, Suite 550 Chicago, IL 60606 Red Bank, New Jersey 07701 Rockville, MD 20852 Los Angeles, CA 90071

JACKSONVILLE RALEIGH NASHVILLE SAN FRANCISCO 1654 Pearl Street 117 Edinburgh South Dr., Suite 102 725 Cool Springs, Suite 600 700 Ygnacio Valley Road, Suite 270 Jacksonville, FL 32203 Cary, NC 27511 Franklin, TN 37067 Walnut Creek, CA 94596