Georgia Banking Company (GBC) investor relations material

Company overview and business model

• Atlanta-focused bank holding company offering commercial, community, private, CRE, mortgage warehouse, treasury services and retail mortgage banking; 10 branches and three loan production offices at June 30, 2026.

• Relationship model emphasizes local credit decisions, senior-level access and personalized service, pairing community-bank responsiveness with broader product and technology capabilities.

• Strategy combines organic growth, deeper customer relationships, expansion into Atlanta submarkets and selective acquisitions; two whole-bank acquisitions completed since 2021.

• Assets grew from ~$650 million in 2021 to ~$3.3 billion at June 30, 2026; deposits rose from ~$525 million to ~$2.8 billion over the same period.

Financial performance and metrics

• H1 2026 net income was $13.3 million versus $6.7 million H1 2025; net interest income rose 19.3% to $55.9 million and NIM increased to 4.36% from 4.17%.

• FY 2025 net income increased to $22.1 million from $8.5 million in FY 2024; diluted EPS was $2.62 versus $1.12, NIM 4.26% versus 3.97%, and efficiency ratio 69.5% versus 75.2%.

• Total assets were $3.26 billion and deposits $2.84 billion at June 30, 2026; shareholders’ equity was $278.7 million, including $36.6 million net proceeds from the June 2026 primary placement.

• H1 2026 ROAA was 1.00%, ROATCE 12.93%, and net charge-offs/average loans 0.10% annualized; nonperforming loans were 0.83% of gross LHFI.

• Bank capital ratios exceeded well-capitalized thresholds at June 30, 2026; Tier 1 leverage was 10.78%, CET1 11.83%, and total risk-based capital 13.05%.

Use of proceeds and capital allocation

• Resale proceeds, if shares are sold, go to Registered Shareholders; none go to the issuer. The issuer pays offering expenses, while sellers bear applicable broker commissions and legal expenses.

• Net proceeds from primary shares in the June 2026 private placement, one half of total proceeds, were earmarked for organic growth, stronger capital and strategic flexibility; the August 2026 placement had the same intended uses.

• The $55.0 million August 2026 subordinated notes proceeds funded redemption of 4.125% subordinated notes due 2031; the new notes qualify as Tier 2 capital and carry five fixed-rate years followed by five floating-rate years.