Exhibit 99.2 , Bank Subsidiary of Subordinated Notes Offering August 18, 2020Exhibit 99.2 , Bank Subsidiary of Subordinated Notes Offering August 18, 2020

Confidentiality Notice and Safe Harbor Statement FB Financial Corporation and FirstBank (collectively, or as appropriate based upon the context, “FB Financial” or “FBK”) has engaged Piper Sandler & Co., U.S. Bancorp Investments, Inc. and Stephens Inc. (collectively, the “Placement Agents”) to exclusively assist FirstBank in exploring a potential issuance of FirstBank’s subordinated notes (the “Securities”). This confidential presentation has been prepared by FB Financial solely for informational purposes and is being delivered to a limited number of parties who are believed to be interested in investing in the Securities. The sole purpose of this presentation is to assist interested parties in making their own evaluation of FB Financial and this presentation does not purport to contain all of the information that may be relevant or material to an interested party’s investment decision. In all cases, interested parties should conduct their own investigation in accordance with the procedures established by FB Financial and the Placement Agents and consult with their financial, legal and tax advisors before determining whether to invest in the Securities. None of the Placement Agents, FB Financial or any of their representatives have made or make any representation or warranty as to the accuracy or completeness of this presentation. Except as otherwise indicated, this presentation speaks as of the date hereof. The delivery of this presentation shall not, under any circumstances, create any implication that there has been no change in the affairs of FB Financial after the date hereof. The information in this presentation is confidential and may not be shown or given to any person other than the intended recipient. Any further distribution or reproduction of this presentation or any other documentation provided by FB Financial or the Placement Agents is strictly prohibited. By receiving this presentation, interested parties acknowledge that it may contain material non-public information within the meaning of applicable securities laws and interested parties acknowledge and agree to adhere to the restrictions under such laws restricting them from effecting transactions in FB Financial’s securities or communicating such information to any other person. This presentation may only be used to evaluate FB Financial and the proposed offering of Securities and for no competitive or other purpose. This presentation shall not constitute an offer to sell, or the solicitation of an offer to buy, the Securities, nor shall there be any offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The Securities are exempt from registration under Section 3(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and are “covered securities” exempt from registration or qualification, as applicable, under state securities laws pursuant to Section 18(b)(4)(E) of the Securities Act. NONE OF THE SECURITIES AND EXCHANGE COMMISSION (THE “SEC”), THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, THE FEDERAL DEPOSIT INSURANCE CORPORATION (the “FDIC”), ANY STATE SECURITIES COMMISSION OR DIVISION OR ANY OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE SECURITIES OR PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PRESENTATION. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. FB FINANCIAL HAS REQUESTED THE APPROVAL OF THE COMMISSIONER OF THE TENNESSEE DEPARTMENT OF FINANCIAL INSTITUTIONS (THE “TDFI”) TO SELL THE SECURITIES. FB FINANCIAL WILL NOT SELL ANY OF THE SECURITIES UNLESS AND UNTIL IT HAS RECEIVED THE APPROVAL OF THE COMMISSIONER OF THE TDFI. If issued, any indebtedness evidenced by the Securities would not be a savings or deposit account deposit and would not be insured by the FDIC or any other government agency or fund. This presentation also includes industry and trade association data, forecasts and information that FB Financial has obtained from independent trade associations, industry publications and surveys, government agencies and other information publicly available to FB Financial, which such information may be specific to particular markets or geographic locations. Industry publications, surveys and forecasts generally state that the information contained therein has been obtained from sources believed to be reliable. With regard to any historical or pro forma information included in this presentation related to Franklin Financial Network, Inc. and Franklin Synergy Bank (collectively, “Franklin”), FB Financial has relied on information that is either publicly available, including information disclosed in reports filed with the SEC, the FDIC and/or the Federal Reserve, or sourced from the internal documents and records of Franklin. Although FB Financial believes these sources are reliable, FB Financial has not independently verified the information contained therein, and such information could ultimately prove to be inaccurate. In addition, certain data is also based upon FB Financial's good faith estimates, which are based upon (i) management’s current expectations, estimates and projections about FB Financial’s industry, (ii) management’s beliefs and (iii) certain assumptions made by management, many or all of which, by their nature, are inherently uncertain and beyond FB Financial’s control. Similarly, although FB Financial believes that its internal estimates are reliable, such estimates have not been verified by independent sources and could ultimately prove to be inaccurate. FB Financial data presented “on a consolidated basis” refers to data of FB Financial Corporation and its subsidiaries, including FirstBank, on a consolidated basis. 1Confidentiality Notice and Safe Harbor Statement FB Financial Corporation and FirstBank (collectively, or as appropriate based upon the context, “FB Financial” or “FBK”) has engaged Piper Sandler & Co., U.S. Bancorp Investments, Inc. and Stephens Inc. (collectively, the “Placement Agents”) to exclusively assist FirstBank in exploring a potential issuance of FirstBank’s subordinated notes (the “Securities”). This confidential presentation has been prepared by FB Financial solely for informational purposes and is being delivered to a limited number of parties who are believed to be interested in investing in the Securities. The sole purpose of this presentation is to assist interested parties in making their own evaluation of FB Financial and this presentation does not purport to contain all of the information that may be relevant or material to an interested party’s investment decision. In all cases, interested parties should conduct their own investigation in accordance with the procedures established by FB Financial and the Placement Agents and consult with their financial, legal and tax advisors before determining whether to invest in the Securities. None of the Placement Agents, FB Financial or any of their representatives have made or make any representation or warranty as to the accuracy or completeness of this presentation. Except as otherwise indicated, this presentation speaks as of the date hereof. The delivery of this presentation shall not, under any circumstances, create any implication that there has been no change in the affairs of FB Financial after the date hereof. The information in this presentation is confidential and may not be shown or given to any person other than the intended recipient. Any further distribution or reproduction of this presentation or any other documentation provided by FB Financial or the Placement Agents is strictly prohibited. By receiving this presentation, interested parties acknowledge that it may contain material non-public information within the meaning of applicable securities laws and interested parties acknowledge and agree to adhere to the restrictions under such laws restricting them from effecting transactions in FB Financial’s securities or communicating such information to any other person. This presentation may only be used to evaluate FB Financial and the proposed offering of Securities and for no competitive or other purpose. This presentation shall not constitute an offer to sell, or the solicitation of an offer to buy, the Securities, nor shall there be any offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The Securities are exempt from registration under Section 3(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and are “covered securities” exempt from registration or qualification, as applicable, under state securities laws pursuant to Section 18(b)(4)(E) of the Securities Act. NONE OF THE SECURITIES AND EXCHANGE COMMISSION (THE “SEC”), THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, THE FEDERAL DEPOSIT INSURANCE CORPORATION (the “FDIC”), ANY STATE SECURITIES COMMISSION OR DIVISION OR ANY OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE SECURITIES OR PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PRESENTATION. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. FB FINANCIAL HAS REQUESTED THE APPROVAL OF THE COMMISSIONER OF THE TENNESSEE DEPARTMENT OF FINANCIAL INSTITUTIONS (THE “TDFI”) TO SELL THE SECURITIES. FB FINANCIAL WILL NOT SELL ANY OF THE SECURITIES UNLESS AND UNTIL IT HAS RECEIVED THE APPROVAL OF THE COMMISSIONER OF THE TDFI. If issued, any indebtedness evidenced by the Securities would not be a savings or deposit account deposit and would not be insured by the FDIC or any other government agency or fund. This presentation also includes industry and trade association data, forecasts and information that FB Financial has obtained from independent trade associations, industry publications and surveys, government agencies and other information publicly available to FB Financial, which such information may be specific to particular markets or geographic locations. Industry publications, surveys and forecasts generally state that the information contained therein has been obtained from sources believed to be reliable. With regard to any historical or pro forma information included in this presentation related to Franklin Financial Network, Inc. and Franklin Synergy Bank (collectively, “Franklin”), FB Financial has relied on information that is either publicly available, including information disclosed in reports filed with the SEC, the FDIC and/or the Federal Reserve, or sourced from the internal documents and records of Franklin. Although FB Financial believes these sources are reliable, FB Financial has not independently verified the information contained therein, and such information could ultimately prove to be inaccurate. In addition, certain data is also based upon FB Financial's good faith estimates, which are based upon (i) management’s current expectations, estimates and projections about FB Financial’s industry, (ii) management’s beliefs and (iii) certain assumptions made by management, many or all of which, by their nature, are inherently uncertain and beyond FB Financial’s control. Similarly, although FB Financial believes that its internal estimates are reliable, such estimates have not been verified by independent sources and could ultimately prove to be inaccurate. FB Financial data presented “on a consolidated basis” refers to data of FB Financial Corporation and its subsidiaries, including FirstBank, on a consolidated basis. 1

Forward–Looking Statements Certain statements contained in this presentation may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, without limitation, statements regarding the projected impact of the COVID-19 global pandemic on FB Financial business operations, statements relating to the timing, benefits, costs, and synergies of the recently completed merger with Franklin Financial Network, Inc. and Franklin Synergy Bank (collectively, “Franklin”) (the “Franklin merger”) and of the recently completed merger with FNB Financial Corp. (“FNB”) (together with the Franklin merger, the “mergers”), FB Financial’s future plans, results, strategies, expectations and certain matters pertaining to the offer and sale of the Securities, including the use of proceeds therefrom. These statements can generally be identified by the use of the words and phrases “may,” “will,” “should,” “could,” “would,” “goal,” “plan,” “potential,” “estimate,” “project,” “believe,” “intend,” “anticipate,” “expect,” “target,” “aim,” “predict,” “continue,” “seek,” “projection,” and other variations of such words and phrases and similar expressions. These forward-looking statements are not historical facts, and are based upon current expectations, estimates, and projections, many of which, by their nature, are inherently uncertain and beyond FB Financial’s control. The inclusion of these forward-looking statements should not be regarded as a representation by FB Financial or any other person that such expectations, estimates, and projections will be achieved. Accordingly, FB Financial cautions shareholders and investors that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, and uncertainties that are difficult to predict. Although FB Financial believes that the expectations reflected in these forward-looking statements are reasonable as of the date of this presentation, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements including, without limitation, (1) current and future economic conditions, including the effects of declines in housing and commercial real estate prices, high unemployment rates, and any slowdown in economic growth in the local or regional economies in which we operate and/or the U.S. economy generally, (2) the effects of the COVID-19 pandemic, including the magnitude and duration of the pandemic and its impact on general economic and financial market conditions and on FB Financial’s business and FB Financial customers' businesses, results of operations, asset quality and financial condition, (3) changes in government interest rate policies, (4) our ability to effectively manage problem credits, (5) the risk that the cost savings and any revenue synergies from the mergers or another acquisition may not be realized or may take longer than anticipated to be realized, (6) disruption from the mergers with customer, supplier, or employee relationships, (7) the possibility that the costs, fees, expenses, and charges related to the mergers may be greater than anticipated, including as a result of unexpected or unknown factors, events, or liabilities, (8) the risks related to the integrations of the combined businesses following the mergers, including the risk that the integrations will be materially delayed or will be more costly or difficult than expected, (9) the diversion of management time on issues related to the mergers, (10) the ability of FB Financial to effectively manage the larger and more complex operations of the combined company following the Franklin merger, (11) the risks associated with FB Financial’s pursuit of future acquisitions, (12) reputational risk and the reaction of the parties’ respective customers to the mergers, (13) FB Financial’s ability to successfully execute its various business strategies, including its ability to execute on potential acquisition opportunities, (14) the risk of potential litigation or regulatory action related to the Franklin merger, (15) general competitive, economic, political, and market conditions and (16) failure to obtain approval from the Commissioner of the TDFI to sell the Securities or the failure to obtain any necessary regulatory approvals from the FDIC or the Commissioner of the TDFI when expected or at all with respect to redemption or repayment of the Securities. Further information regarding FB Financial and factors that could affect the forward-looking statements contained herein can be found in FB Financial's Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020 and June 30, 2020, and its other filings with the SEC. Many of these factors are beyond FB Financial’s ability to control or predict. If one or more events related to these or other risks or uncertainties materialize, or if the underlying assumptions prove to be incorrect, actual results may differ materially from the forward-looking statements. Accordingly, shareholders and investors should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date of this presentation, and FB Financial undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. New risks and uncertainties may emerge from time to time, and it is not possible for FB Financial to predict their occurrence or how they will affect the company. FB Financial qualifies all forward-looking statements by these cautionary statements. 2Forward–Looking Statements Certain statements contained in this presentation may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, without limitation, statements regarding the projected impact of the COVID-19 global pandemic on FB Financial business operations, statements relating to the timing, benefits, costs, and synergies of the recently completed merger with Franklin Financial Network, Inc. and Franklin Synergy Bank (collectively, “Franklin”) (the “Franklin merger”) and of the recently completed merger with FNB Financial Corp. (“FNB”) (together with the Franklin merger, the “mergers”), FB Financial’s future plans, results, strategies, expectations and certain matters pertaining to the offer and sale of the Securities, including the use of proceeds therefrom. These statements can generally be identified by the use of the words and phrases “may,” “will,” “should,” “could,” “would,” “goal,” “plan,” “potential,” “estimate,” “project,” “believe,” “intend,” “anticipate,” “expect,” “target,” “aim,” “predict,” “continue,” “seek,” “projection,” and other variations of such words and phrases and similar expressions. These forward-looking statements are not historical facts, and are based upon current expectations, estimates, and projections, many of which, by their nature, are inherently uncertain and beyond FB Financial’s control. The inclusion of these forward-looking statements should not be regarded as a representation by FB Financial or any other person that such expectations, estimates, and projections will be achieved. Accordingly, FB Financial cautions shareholders and investors that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, and uncertainties that are difficult to predict. Although FB Financial believes that the expectations reflected in these forward-looking statements are reasonable as of the date of this presentation, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements including, without limitation, (1) current and future economic conditions, including the effects of declines in housing and commercial real estate prices, high unemployment rates, and any slowdown in economic growth in the local or regional economies in which we operate and/or the U.S. economy generally, (2) the effects of the COVID-19 pandemic, including the magnitude and duration of the pandemic and its impact on general economic and financial market conditions and on FB Financial’s business and FB Financial customers' businesses, results of operations, asset quality and financial condition, (3) changes in government interest rate policies, (4) our ability to effectively manage problem credits, (5) the risk that the cost savings and any revenue synergies from the mergers or another acquisition may not be realized or may take longer than anticipated to be realized, (6) disruption from the mergers with customer, supplier, or employee relationships, (7) the possibility that the costs, fees, expenses, and charges related to the mergers may be greater than anticipated, including as a result of unexpected or unknown factors, events, or liabilities, (8) the risks related to the integrations of the combined businesses following the mergers, including the risk that the integrations will be materially delayed or will be more costly or difficult than expected, (9) the diversion of management time on issues related to the mergers, (10) the ability of FB Financial to effectively manage the larger and more complex operations of the combined company following the Franklin merger, (11) the risks associated with FB Financial’s pursuit of future acquisitions, (12) reputational risk and the reaction of the parties’ respective customers to the mergers, (13) FB Financial’s ability to successfully execute its various business strategies, including its ability to execute on potential acquisition opportunities, (14) the risk of potential litigation or regulatory action related to the Franklin merger, (15) general competitive, economic, political, and market conditions and (16) failure to obtain approval from the Commissioner of the TDFI to sell the Securities or the failure to obtain any necessary regulatory approvals from the FDIC or the Commissioner of the TDFI when expected or at all with respect to redemption or repayment of the Securities. Further information regarding FB Financial and factors that could affect the forward-looking statements contained herein can be found in FB Financial's Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020 and June 30, 2020, and its other filings with the SEC. Many of these factors are beyond FB Financial’s ability to control or predict. If one or more events related to these or other risks or uncertainties materialize, or if the underlying assumptions prove to be incorrect, actual results may differ materially from the forward-looking statements. Accordingly, shareholders and investors should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date of this presentation, and FB Financial undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. New risks and uncertainties may emerge from time to time, and it is not possible for FB Financial to predict their occurrence or how they will affect the company. FB Financial qualifies all forward-looking statements by these cautionary statements. 2

Use of non-GAAP financial measures This presentation contains certain financial measures that are not measures recognized under U.S. generally accepted accounting principles (“GAAP”) and therefore are considered non-GAAP financial measures. These non‐GAAP financial measures include, without limitation, adjusted net income, adjusted diluted earnings per share, adjusted pro forma net income, adjusted pro forma diluted earnings per share, pre-tax, pre-provision earnings, adjusted pre-tax, pre- provision earnings, adjusted pre-tax, pre-provision earnings per share, core noninterest expense, core revenue, core noninterest income, core efficiency ratio (tax-equivalent basis), banking segment core efficiency ratio (tax-equivalent basis), mortgage segment core efficiency ratio (tax-efficiency basis), adjusted mortgage contribution, adjusted return on average assets and equity, pro forma return on average assets and equity, pro forma adjusted return on average assets, equity and tangible common equity and adjusted pre-tax, pre-provision return on average assets, equity and tangible common equity and adjusted allowance for credit losses to loans held for investment. Each of these non-GAAP metrics excludes certain income and expense items that FB Financial’s management considers to be non‐core/adjusted in nature. FB Financial refers to these non‐GAAP measures as adjusted or core measures. This presentation also presents tangible assets, tangible common equity, tangible book value per common share and tangible common equity to tangible assets. Each of these non-GAAP metrics excludes the impact of goodwill and other intangibles. FB Financial’s management uses these non-GAAP financial measures in their analysis of FB Financial’s performance, financial condition and the efficiency of its operations as management believes such measures facilitate period-to-period comparisons and provide meaningful indications of its operating performance as they eliminate both gains and charges that management views as non-recurring or not indicative of operating performance. Management believes that these non-GAAP financial measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods as well as demonstrating the effects of significant non-core gains and charges in the current and prior periods. FB Financial’s management also believes that investors find these non-GAAP financial measures useful as they assist investors in understanding FB Financial’s underlying operating performance and in the analysis of ongoing operating trends. In addition, because intangible assets such as goodwill and other intangibles, and the other items excluded each vary extensively from company to company, FB Financial believes that the presentation of this information allows investors to more easily compare FB Financial’s results to the results of other companies. However, the non-GAAP financial measures discussed herein should not be considered in isolation or as a substitute for the most directly comparable or other financial measures calculated in accordance with GAAP. FB Financial strongly encourages interested parties to review the GAAP financial measures included in this presentation and not to place undue reliance upon any single financial measure. Moreover, the manner in which FB Financial calculates the non-GAAP financial measures discussed herein may differ from that of other companies reporting measures with similar names. You should understand how such other banking organizations calculate their financial measures similar or with names similar to the non-GAAP financial measures FB Financial has discussed herein when comparing such non-GAAP financial measures. The tables in the Appendix of this presentation provide a reconciliation of these measures to the most directly comparable GAAP financial measures. 3Use of non-GAAP financial measures This presentation contains certain financial measures that are not measures recognized under U.S. generally accepted accounting principles (“GAAP”) and therefore are considered non-GAAP financial measures. These non‐GAAP financial measures include, without limitation, adjusted net income, adjusted diluted earnings per share, adjusted pro forma net income, adjusted pro forma diluted earnings per share, pre-tax, pre-provision earnings, adjusted pre-tax, pre- provision earnings, adjusted pre-tax, pre-provision earnings per share, core noninterest expense, core revenue, core noninterest income, core efficiency ratio (tax-equivalent basis), banking segment core efficiency ratio (tax-equivalent basis), mortgage segment core efficiency ratio (tax-efficiency basis), adjusted mortgage contribution, adjusted return on average assets and equity, pro forma return on average assets and equity, pro forma adjusted return on average assets, equity and tangible common equity and adjusted pre-tax, pre-provision return on average assets, equity and tangible common equity and adjusted allowance for credit losses to loans held for investment. Each of these non-GAAP metrics excludes certain income and expense items that FB Financial’s management considers to be non‐core/adjusted in nature. FB Financial refers to these non‐GAAP measures as adjusted or core measures. This presentation also presents tangible assets, tangible common equity, tangible book value per common share and tangible common equity to tangible assets. Each of these non-GAAP metrics excludes the impact of goodwill and other intangibles. FB Financial’s management uses these non-GAAP financial measures in their analysis of FB Financial’s performance, financial condition and the efficiency of its operations as management believes such measures facilitate period-to-period comparisons and provide meaningful indications of its operating performance as they eliminate both gains and charges that management views as non-recurring or not indicative of operating performance. Management believes that these non-GAAP financial measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods as well as demonstrating the effects of significant non-core gains and charges in the current and prior periods. FB Financial’s management also believes that investors find these non-GAAP financial measures useful as they assist investors in understanding FB Financial’s underlying operating performance and in the analysis of ongoing operating trends. In addition, because intangible assets such as goodwill and other intangibles, and the other items excluded each vary extensively from company to company, FB Financial believes that the presentation of this information allows investors to more easily compare FB Financial’s results to the results of other companies. However, the non-GAAP financial measures discussed herein should not be considered in isolation or as a substitute for the most directly comparable or other financial measures calculated in accordance with GAAP. FB Financial strongly encourages interested parties to review the GAAP financial measures included in this presentation and not to place undue reliance upon any single financial measure. Moreover, the manner in which FB Financial calculates the non-GAAP financial measures discussed herein may differ from that of other companies reporting measures with similar names. You should understand how such other banking organizations calculate their financial measures similar or with names similar to the non-GAAP financial measures FB Financial has discussed herein when comparing such non-GAAP financial measures. The tables in the Appendix of this presentation provide a reconciliation of these measures to the most directly comparable GAAP financial measures. 3

Terms of the proposed offering Issuer • FirstBank, bank subsidiary of FB Financial Corporation (NYSE: FBK) Security • Subordinated Notes Issuance Type • 3(a)(2) Exempt and Covered Security – bank level issuance Credit Rating • Kroll Bond Rating Agency: BBB Term / Maturity • 10 years / 2030 Offering Size • $75 Million • 5 year non-call period, callable at par plus accrued but unpaid interest Redemption thereafter • 5 year fixed rate, semi-annual coupons; thereafter 5 year floating rate, Coupon Structure quarterly coupons Covenants • Consistent with regulatory requirements for Tier 2 Capital Use of Proceeds • General corporate purposes Lead Placement Agent • Co-Placement Agents • U.S. Bancorp Investments, Inc. and Stephens Inc. 4Terms of the proposed offering Issuer • FirstBank, bank subsidiary of FB Financial Corporation (NYSE: FBK) Security • Subordinated Notes Issuance Type • 3(a)(2) Exempt and Covered Security – bank level issuance Credit Rating • Kroll Bond Rating Agency: BBB Term / Maturity • 10 years / 2030 Offering Size • $75 Million • 5 year non-call period, callable at par plus accrued but unpaid interest Redemption thereafter • 5 year fixed rate, semi-annual coupons; thereafter 5 year floating rate, Coupon Structure quarterly coupons Covenants • Consistent with regulatory requirements for Tier 2 Capital Use of Proceeds • General corporate purposes Lead Placement Agent • Co-Placement Agents • U.S. Bancorp Investments, Inc. and Stephens Inc. 4

Company overview 1 Company overview Franchise map n Second largest Nashville-headquartered bank and third largest Tennessee-based bank n Originally chartered in 1906, one of the longest continually 100% stockholder of FirstBank operated banks in Tennessee n Completed the largest bank IPO in Tennessee history in September 2016 n Attractive footprint in both high growth metropolitan markets and stable community markets ̶ Located in eight attractive metropolitan markets in Tennessee, Alabama & Kentucky Financial results for 2Q 2020 ̶ Strong market position in sixteen community markets ̶ Mortgage offices located throughout footprint and strategically 2 Balance sheet ($mm) FBK FSB Pro Forma across the southeast, with a national online platform Total assets $7,256 $3,776 $11,032 n Provides community banking, relationship-based, customer Loans – HFI 4,827 2,795 7,622 service with the products and capabilities of a larger bank Total deposits 5,953 3,143 9,096 ̶ Local people, local knowledge and local authority Shareholder’s equity 805 422 1,227 ̶ Personal banking, commercial banking, investment services, trust and mortgage banking Key metrics (%) FBK 2Q 2020 4 Tangible Common Equity / Tangible Assets (%) 8.7% n Completed acquisition of Atlantic Capital branches in April 2019 On-Balance Sheet Liquidity / Tangible Assets (%) 14.0% n Completed acquisition of FNB Financial Corporation in Scottsville, 4 Adjusted PTPP ROAA (%) 3.29% KY on February 14, 2020 (~$250 million in assets) 4 Adjusted PTPP ROATCE (%) 38.6% n Completed acquisition of Franklin Financial Network, Inc. (NYSE: NIM (%) 3.50% FSB) on August 15, 2020 (~$3.8 billion in assets) 4 Core Efficiency (%) 57.5% Note: Unaudited financial data as of June 30, 2020; presented on a consolidated basis. 1 2 3 Presented pro forma for the recently completed Franklin Financial Network merger. Reported 2Q 2020 financial information for the acquisition target. Simple summation; does not include purchase accounting 4 adjustments. Non-GAAP financial measure. See “Use of non-GAAP financial measures” and “Reconciliation of non-GAAP financial measures” in the Appendix hereto. 5Company overview 1 Company overview Franchise map n Second largest Nashville-headquartered bank and third largest Tennessee-based bank n Originally chartered in 1906, one of the longest continually 100% stockholder of FirstBank operated banks in Tennessee n Completed the largest bank IPO in Tennessee history in September 2016 n Attractive footprint in both high growth metropolitan markets and stable community markets ̶ Located in eight attractive metropolitan markets in Tennessee, Alabama & Kentucky Financial results for 2Q 2020 ̶ Strong market position in sixteen community markets ̶ Mortgage offices located throughout footprint and strategically 2 Balance sheet ($mm) FBK FSB Pro Forma across the southeast, with a national online platform Total assets $7,256 $3,776 $11,032 n Provides community banking, relationship-based, customer Loans – HFI 4,827 2,795 7,622 service with the products and capabilities of a larger bank Total deposits 5,953 3,143 9,096 ̶ Local people, local knowledge and local authority Shareholder’s equity 805 422 1,227 ̶ Personal banking, commercial banking, investment services, trust and mortgage banking Key metrics (%) FBK 2Q 2020 4 Tangible Common Equity / Tangible Assets (%) 8.7% n Completed acquisition of Atlantic Capital branches in April 2019 On-Balance Sheet Liquidity / Tangible Assets (%) 14.0% n Completed acquisition of FNB Financial Corporation in Scottsville, 4 Adjusted PTPP ROAA (%) 3.29% KY on February 14, 2020 (~$250 million in assets) 4 Adjusted PTPP ROATCE (%) 38.6% n Completed acquisition of Franklin Financial Network, Inc. (NYSE: NIM (%) 3.50% FSB) on August 15, 2020 (~$3.8 billion in assets) 4 Core Efficiency (%) 57.5% Note: Unaudited financial data as of June 30, 2020; presented on a consolidated basis. 1 2 3 Presented pro forma for the recently completed Franklin Financial Network merger. Reported 2Q 2020 financial information for the acquisition target. Simple summation; does not include purchase accounting 4 adjustments. Non-GAAP financial measure. See “Use of non-GAAP financial measures” and “Reconciliation of non-GAAP financial measures” in the Appendix hereto. 5

Financial highlights 2019 1Q20 2Q20 Net Income $83.8 million $0.7 million $22.9 million Adjusted Net Income ¹ $89.3 million $5.3 million $24.1 million Adjusted ROAA ¹ 1.55% 0.33% 1.37% Profitability Adjusted PTPP ROAA ¹ 2.15% 2.10% 3.29% Adjusted ROAE ¹ 12.3% 2.8% 12.2% Net Interest Margin 4.34% 3.92% 3.50% Core Efficiency Ratio ¹ 65.4% 65.7% 57.5% Loans - HFI $4.4 billion $4.6 billion $4.8 billion Total Assets $6.1 billion $6.7 billion $7.3 billion Balance Sheet Total Deposits $4.9 billion $5.4 billion $6.0 billion Loan - HFI / Deposit Ratio 89.4% 85.0% 81.1% Total Equity – Consolidated $762 million $782 million $805 million Total Equity – Bank Level $783 million $822 million $844 million Tang. Common Equity / Tang. Assets 9.7% 9.1% 8.7% Tier 1 Leverage Ratio 10.1% 10.3% 9.7% Tier 1 Common Capital Ratio 11.1% 11.0% 11.6% Capital – Consolidated Tier 1 Risk-Based Capital Ratio 11.6% 11.6% 12.1% Total RBC Ratio 12.2% 12.5% 13.4% Tier 1 Leverage Ratio 9.9% 10.4% 9.7% Tier 1 Common Capital Ratio 11.5% 11.7% 12.3% Capital – Bank Level Tier 1 Risk-Based Capital Ratio 11.5% 11.7% 12.3% Total RBC Ratio 12.1% 12.7% 13.5% NPAs / Assets 0.77% 0.74% 0.71% NPLs / Loans – HFI 0.60% 0.68% 0.72% Asset Quality 1 2 Adjusted ACL / Loans – HFI 0.71% 1.95% 2.51% 2 ACL / Nonperforming Loans 117% 288% 325% 1 Non-GAAP financial measure. See “Use of non-GAAP financial measures,” and “Reconciliation of non-GAAP financial measures” in the Appendix hereto. 2 Allowance for credit losses excludes reserve for credit losses on unfunded commitments of $6.5 million and $4.6 million as of June 30, 2020 and March 31, 2020, respectively. Note: Presented on a consolidated basis unless otherwise noted. 6Financial highlights 2019 1Q20 2Q20 Net Income $83.8 million $0.7 million $22.9 million Adjusted Net Income ¹ $89.3 million $5.3 million $24.1 million Adjusted ROAA ¹ 1.55% 0.33% 1.37% Profitability Adjusted PTPP ROAA ¹ 2.15% 2.10% 3.29% Adjusted ROAE ¹ 12.3% 2.8% 12.2% Net Interest Margin 4.34% 3.92% 3.50% Core Efficiency Ratio ¹ 65.4% 65.7% 57.5% Loans - HFI $4.4 billion $4.6 billion $4.8 billion Total Assets $6.1 billion $6.7 billion $7.3 billion Balance Sheet Total Deposits $4.9 billion $5.4 billion $6.0 billion Loan - HFI / Deposit Ratio 89.4% 85.0% 81.1% Total Equity – Consolidated $762 million $782 million $805 million Total Equity – Bank Level $783 million $822 million $844 million Tang. Common Equity / Tang. Assets 9.7% 9.1% 8.7% Tier 1 Leverage Ratio 10.1% 10.3% 9.7% Tier 1 Common Capital Ratio 11.1% 11.0% 11.6% Capital – Consolidated Tier 1 Risk-Based Capital Ratio 11.6% 11.6% 12.1% Total RBC Ratio 12.2% 12.5% 13.4% Tier 1 Leverage Ratio 9.9% 10.4% 9.7% Tier 1 Common Capital Ratio 11.5% 11.7% 12.3% Capital – Bank Level Tier 1 Risk-Based Capital Ratio 11.5% 11.7% 12.3% Total RBC Ratio 12.1% 12.7% 13.5% NPAs / Assets 0.77% 0.74% 0.71% NPLs / Loans – HFI 0.60% 0.68% 0.72% Asset Quality 1 2 Adjusted ACL / Loans – HFI 0.71% 1.95% 2.51% 2 ACL / Nonperforming Loans 117% 288% 325% 1 Non-GAAP financial measure. See “Use of non-GAAP financial measures,” and “Reconciliation of non-GAAP financial measures” in the Appendix hereto. 2 Allowance for credit losses excludes reserve for credit losses on unfunded commitments of $6.5 million and $4.6 million as of June 30, 2020 and March 31, 2020, respectively. Note: Presented on a consolidated basis unless otherwise noted. 6

Recent corporate history 2015 2016 2017 2018 2019 - 2020 Awarded Awarded Awarded Awarded Awarded “Top Workplaces” “Top Workplaces” “Top Workplaces” “Top Workplaces” “Top Workplaces” by the Tennessean by the Tennessean by the Tennessean by the Tennessean by the Tennessean 1 1 1 1 1 Adj. ROAA : 1.21% Adj. ROAA : 1.46% Adj. ROAA : 1.52% Adj. ROAA : 1.69% 2019 Adj. ROAA : 1.55% 1 1 1 1 1 Adj. ROATCE : 17.7% Adj. ROATCE : 19.5% Adj. ROATCE : 15.5% Adj. ROATCE : 17.1% 2019 Adj. ROATCE : 16.4% 2 Year-End Assets: $2.9bn Year-End Assets: $3.3bn Year-End Assets: $4.7bn Year-End Assets: $5.1bn Total Assets: $11.0bn n Completed acquisition of n Converted core operating n Completed acquisition of n Initiated quarterly dividendn 2019: Completed acquisition Northwest Georgia Bank, platform to Jack Henry Clayton Bank & Trust and of 10 net branches from n Completed secondary adding $79 million in loans American City Bank, Atlantic Capital Bank; moved n Completed the largest bank offering of 3.7 million th th and $246 million in adding $1.1 billion in loans from 7 to 5 in Chattanooga IPO in Tennessee history; common shares deposits and increasing and $1.0 billion in deposits; MSA deposit market share priced at $19.00 per share st th th Chattanooga deposit moved from 41 in and 11 to 10 in Knoxville th th market share to 8 Knoxville MSA to 10 ; MSA deposit market share 20%+ EPS accretion and n 2019: Converted treasury tangible book neutral platform n 2019: Completed mortgage n Finalized integration of restructuring Clayton Bank & Trust and American City Bank n 2020: Completed acquisition acquisitions of FNB Financial Corporation; enter Bowling th Green MSA ranked 7 in deposit market share n 2020: Announced the recently completed acquisition of Franklin Financial Network; on a pro th forma basis moved from 12 th to 6 in the Nashville MSA in deposit market share 2 2015 2016 2017 2018 2019 1 Pro forma net income and tax-adjusted return on average assets and return on average tangible common equity include a pro forma provision for federal income taxes using a combined effective income tax rate of 35.08% and 36.75% for the years ended December 31, 2015 and 2016, respectively, and also excludes the impact of a one-time tax charge to C Corp conversion in 3Q 2016 and the 4Q 2017 benefit from the 2017 Tax Cuts and Jobs Act. A combined effective tax rate of 2 26.06% is being applied in subsequent periods. See “Use of non-GAAP financial measures,” and “Reconciliation of non-GAAP financial measures” in the Appendix hereto. Pro forma for the recently completed Franklin Financial Network merger; pro forma metrics calculated using publicly available information and are a simple summation that does not include purchase accounting adjustments. Note: Financial data presented on a consolidated basis. 7Recent corporate history 2015 2016 2017 2018 2019 - 2020 Awarded Awarded Awarded Awarded Awarded “Top Workplaces” “Top Workplaces” “Top Workplaces” “Top Workplaces” “Top Workplaces” by the Tennessean by the Tennessean by the Tennessean by the Tennessean by the Tennessean 1 1 1 1 1 Adj. ROAA : 1.21% Adj. ROAA : 1.46% Adj. ROAA : 1.52% Adj. ROAA : 1.69% 2019 Adj. ROAA : 1.55% 1 1 1 1 1 Adj. ROATCE : 17.7% Adj. ROATCE : 19.5% Adj. ROATCE : 15.5% Adj. ROATCE : 17.1% 2019 Adj. ROATCE : 16.4% 2 Year-End Assets: $2.9bn Year-End Assets: $3.3bn Year-End Assets: $4.7bn Year-End Assets: $5.1bn Total Assets: $11.0bn n Completed acquisition of n Converted core operating n Completed acquisition of n Initiated quarterly dividendn 2019: Completed acquisition Northwest Georgia Bank, platform to Jack Henry Clayton Bank & Trust and of 10 net branches from n Completed secondary adding $79 million in loans American City Bank, Atlantic Capital Bank; moved n Completed the largest bank offering of 3.7 million th th and $246 million in adding $1.1 billion in loans from 7 to 5 in Chattanooga IPO in Tennessee history; common shares deposits and increasing and $1.0 billion in deposits; MSA deposit market share priced at $19.00 per share st th th Chattanooga deposit moved from 41 in and 11 to 10 in Knoxville th th market share to 8 Knoxville MSA to 10 ; MSA deposit market share 20%+ EPS accretion and n 2019: Converted treasury tangible book neutral platform n 2019: Completed mortgage n Finalized integration of restructuring Clayton Bank & Trust and American City Bank n 2020: Completed acquisition acquisitions of FNB Financial Corporation; enter Bowling th Green MSA ranked 7 in deposit market share n 2020: Announced the recently completed acquisition of Franklin Financial Network; on a pro th forma basis moved from 12 th to 6 in the Nashville MSA in deposit market share 2 2015 2016 2017 2018 2019 1 Pro forma net income and tax-adjusted return on average assets and return on average tangible common equity include a pro forma provision for federal income taxes using a combined effective income tax rate of 35.08% and 36.75% for the years ended December 31, 2015 and 2016, respectively, and also excludes the impact of a one-time tax charge to C Corp conversion in 3Q 2016 and the 4Q 2017 benefit from the 2017 Tax Cuts and Jobs Act. A combined effective tax rate of 2 26.06% is being applied in subsequent periods. See “Use of non-GAAP financial measures,” and “Reconciliation of non-GAAP financial measures” in the Appendix hereto. Pro forma for the recently completed Franklin Financial Network merger; pro forma metrics calculated using publicly available information and are a simple summation that does not include purchase accounting adjustments. Note: Financial data presented on a consolidated basis. 7

A leading community bank headquartered in Tennessee 1 1,2 Top 10 banks in Tennessee Top 10 banks under $30bn assets in Tennessee Deposit Percent of TN TN Deposit Percent of Branches Branches market company Rank Name Headquarters deposits market share company Rank Name Headquarters deposits (#) (#) share deposits ($bn) (%) deposits (%) ($bn) (%) (%) 1 Pinnacle Nashville, TN 48 13.5 8.5% 69.3% 1 First Horizon Memphis, TN 164 $25.0 15.6% 42.0% 2 FB Financial Nashville, TN 75 7.5 4.7% 91.9% 2 Regions Birmingham, AL 217 18.4 11.5% 18.7% 3 Wilson Bank & Trust Lebanon, TN 28 2.3 1.5% 100.0% 3 Truist Financial Corp Charlotte, NC 147 15.5 9.7% 4.7% 4 Reliant Bancorp Brentwood, TN 31 2.3 1.5% 100.0% 4 Pinnacle Nashville, TN 48 13.5 8.5% 69.3% 5 CapStar Financial Nashville, TN 22 2.1 1.3% 100.0% 5 Bank of America Charlotte, NC 58 12.6 7.9% 0.9% 6 Simmons First Pine Bluff, AR 42 2.0 1.3% 12.4% 6 FB Financial Nashville, TN 75 7.5 4.7% 91.9% 7 Home Federal Knoxville, TN 23 1.7 1.1% 100.0% 7 U.S. Bancorp Minneapolis, MN 90 3.5 2.2% 1.0% 8 SmartFinancial Knoxville, TN 23 1.7 1.1% 73.4% 8 Wilson Bank & Trust Lebanon, TN 28 2.3 1.5% 100.0% 9 Educational Loan Farragut, TN 14 1.6 1.0% 100.0% 9 Reliant Bancorp Brentwood, TN 31 2.3 1.5% 100.0% 10 Renasant Tupelo, MS 21 1.5 0.9% 14.7% 10 Fifth Third Cincinnati, OH 36 2.3 1.4% 1.8% 2 #2 community bank in Tennessee 1 Sorted by deposit market share, deposits are limited to Tennessee. 2 Community bank defined as banks with less than $30bn in assets. Source: SNL Financial. Note: Deposit data as of June 30, 2019. Pro forma for completed acquisitions since June 30, 2019, including the FSB merger. 8A leading community bank headquartered in Tennessee 1 1,2 Top 10 banks in Tennessee Top 10 banks under $30bn assets in Tennessee Deposit Percent of TN TN Deposit Percent of Branches Branches market company Rank Name Headquarters deposits market share company Rank Name Headquarters deposits (#) (#) share deposits ($bn) (%) deposits (%) ($bn) (%) (%) 1 Pinnacle Nashville, TN 48 13.5 8.5% 69.3% 1 First Horizon Memphis, TN 164 $25.0 15.6% 42.0% 2 FB Financial Nashville, TN 75 7.5 4.7% 91.9% 2 Regions Birmingham, AL 217 18.4 11.5% 18.7% 3 Wilson Bank & Trust Lebanon, TN 28 2.3 1.5% 100.0% 3 Truist Financial Corp Charlotte, NC 147 15.5 9.7% 4.7% 4 Reliant Bancorp Brentwood, TN 31 2.3 1.5% 100.0% 4 Pinnacle Nashville, TN 48 13.5 8.5% 69.3% 5 CapStar Financial Nashville, TN 22 2.1 1.3% 100.0% 5 Bank of America Charlotte, NC 58 12.6 7.9% 0.9% 6 Simmons First Pine Bluff, AR 42 2.0 1.3% 12.4% 6 FB Financial Nashville, TN 75 7.5 4.7% 91.9% 7 Home Federal Knoxville, TN 23 1.7 1.1% 100.0% 7 U.S. Bancorp Minneapolis, MN 90 3.5 2.2% 1.0% 8 SmartFinancial Knoxville, TN 23 1.7 1.1% 73.4% 8 Wilson Bank & Trust Lebanon, TN 28 2.3 1.5% 100.0% 9 Educational Loan Farragut, TN 14 1.6 1.0% 100.0% 9 Reliant Bancorp Brentwood, TN 31 2.3 1.5% 100.0% 10 Renasant Tupelo, MS 21 1.5 0.9% 14.7% 10 Fifth Third Cincinnati, OH 36 2.3 1.4% 1.8% 2 #2 community bank in Tennessee 1 Sorted by deposit market share, deposits are limited to Tennessee. 2 Community bank defined as banks with less than $30bn in assets. Source: SNL Financial. Note: Deposit data as of June 30, 2019. Pro forma for completed acquisitions since June 30, 2019, including the FSB merger. 8

Balance between community and metropolitan markets 1 Our pro forma footprint Metropolitan markets Bowling Community markets Green MSA Nashville Knoxville MSA MSA Jackson MSA n Market rank by deposits: th ̶ Nashville (6 ) th ̶ Chattanooga (5 ) Memphis MSA th ̶ Knoxville (9 ) Chattanooga rd ̶ Jackson (3 ) MSA th ̶ Bowling Green (7 ) Huntsville & Florence th MSAs ̶ Memphis (28 ) th ̶ Huntsville (19 ) th ̶ Florence (13 ) 2 2 2 Total loans (excluding HFS) Total full service branches Total deposits - $4.8bn - 72 branches - $6.0bn Other Mortgage / Other 12% 7% Community 38% Community Metropolitan Metropolitan 18% 70% Metropolitan 61% Community 62% 32% 1 Source: SNL Financial. Statistics are based upon deposit data by MSA. Market data is as of June 30, 2019 and is presented on a pro forma basis for completed acquisitions since June 30, 2019. Size of bubble 2 represents size of company deposits in a given market. Financial and operational data as of June 30, 2020. 9Balance between community and metropolitan markets 1 Our pro forma footprint Metropolitan markets Bowling Community markets Green MSA Nashville Knoxville MSA MSA Jackson MSA n Market rank by deposits: th ̶ Nashville (6 ) th ̶ Chattanooga (5 ) Memphis MSA th ̶ Knoxville (9 ) Chattanooga rd ̶ Jackson (3 ) MSA th ̶ Bowling Green (7 ) Huntsville & Florence th MSAs ̶ Memphis (28 ) th ̶ Huntsville (19 ) th ̶ Florence (13 ) 2 2 2 Total loans (excluding HFS) Total full service branches Total deposits - $4.8bn - 72 branches - $6.0bn Other Mortgage / Other 12% 7% Community 38% Community Metropolitan Metropolitan 18% 70% Metropolitan 61% Community 62% 32% 1 Source: SNL Financial. Statistics are based upon deposit data by MSA. Market data is as of June 30, 2019 and is presented on a pro forma basis for completed acquisitions since June 30, 2019. Size of bubble 2 represents size of company deposits in a given market. Financial and operational data as of June 30, 2020. 9

Well positioned in attractive metropolitan markets Chattanooga 1 Nashville rankings: “The new ‘it’ City” – The New York Times n 4th largest MSA in TN n Diverse economy with over 24,000 businesses n Employs over 260,000 people in Metropolitan Economic 3 Best Place for New Businesses #1 #2 2 Strength Rankings Knoxville n 3rd largest MSA in TN n Approximately 14,000 warehousing and distribution jobs are in the area and account for Best City for Young 5 Best City to Spend a Weekend an annual payroll of $3.8 billion #3 #4 4 Professionals n Well situated to attract the key suppliers and assembly operations in the Southeast Select companies with major Nashville presence Jackson n 8th largest MSA in TN n 300,000 people make up Jackson’s workforce. Existing companies include Kellogg North America HQ Company, Gerdau, Stanley Black and Decker, Delta Faucet, & Ingram Publishing Group Bowling Green n Expands FirstBank across Kentucky state borderlines n No. 1 spot in Site Selection Magazine’s national ranking for economic development Nashville growth performance n In 2019, the MSA announced $376.6MM in capital investment in expanded and new Population growth 2010 – 2019 (%) targeted businesses 17.0% Memphis 6.6% n 2nd largest MSA in TN n Known for the busiest cargo airport in North America U.S. Nashville n In 2018, Entrepreneur magazine ranked Memphis #15 on its “25 Cities Worth Moving to if Projected population growth 2019 – 2024 (%) You Want to Launch a Business” 6.8% Huntsville 3.6% n One of the strongest technology economies in the nation, with the highest concentration of engineers in the United States U.S. Nashville th n 6 largest county by military spending in the country Florence Projected median HHI growth 2019 – 2024 (%) n University town home to the University of North Alabama and Northwest Shoals 11.1% 8.8% Community College n Generally steady and diversified economy U.S. Nashville 1 2 3 4 5 January 9, 2013 “Nashville Takes its Turn in the Spotlight”. Policom Corp., 2020. SmartAdvisor, 2019. SmartAsset, August 2019. Thrillist, May 2019. Source: S&P Market Intelligence; Chattanooga, Knoxville, Memphis, Huntsville, Bowling Green Chambers of Commerce, U.S. Department of Labor, Bureau of Labor Statistics, NAICS. 10Well positioned in attractive metropolitan markets Chattanooga 1 Nashville rankings: “The new ‘it’ City” – The New York Times n 4th largest MSA in TN n Diverse economy with over 24,000 businesses n Employs over 260,000 people in Metropolitan Economic 3 Best Place for New Businesses #1 #2 2 Strength Rankings Knoxville n 3rd largest MSA in TN n Approximately 14,000 warehousing and distribution jobs are in the area and account for Best City for Young 5 Best City to Spend a Weekend an annual payroll of $3.8 billion #3 #4 4 Professionals n Well situated to attract the key suppliers and assembly operations in the Southeast Select companies with major Nashville presence Jackson n 8th largest MSA in TN n 300,000 people make up Jackson’s workforce. Existing companies include Kellogg North America HQ Company, Gerdau, Stanley Black and Decker, Delta Faucet, & Ingram Publishing Group Bowling Green n Expands FirstBank across Kentucky state borderlines n No. 1 spot in Site Selection Magazine’s national ranking for economic development Nashville growth performance n In 2019, the MSA announced $376.6MM in capital investment in expanded and new Population growth 2010 – 2019 (%) targeted businesses 17.0% Memphis 6.6% n 2nd largest MSA in TN n Known for the busiest cargo airport in North America U.S. Nashville n In 2018, Entrepreneur magazine ranked Memphis #15 on its “25 Cities Worth Moving to if Projected population growth 2019 – 2024 (%) You Want to Launch a Business” 6.8% Huntsville 3.6% n One of the strongest technology economies in the nation, with the highest concentration of engineers in the United States U.S. Nashville th n 6 largest county by military spending in the country Florence Projected median HHI growth 2019 – 2024 (%) n University town home to the University of North Alabama and Northwest Shoals 11.1% 8.8% Community College n Generally steady and diversified economy U.S. Nashville 1 2 3 4 5 January 9, 2013 “Nashville Takes its Turn in the Spotlight”. Policom Corp., 2020. SmartAdvisor, 2019. SmartAsset, August 2019. Thrillist, May 2019. Source: S&P Market Intelligence; Chattanooga, Knoxville, Memphis, Huntsville, Bowling Green Chambers of Commerce, U.S. Department of Labor, Bureau of Labor Statistics, NAICS. 10

Strategic drivers Experienced Senior Management Team Strategic M&A and Elite Financial Capital Optimization Performance Scalable Platforms Enabled by Great Place to Work Technology Empowered Teams Across Attractive Metro and Community Markets 11Strategic drivers Experienced Senior Management Team Strategic M&A and Elite Financial Capital Optimization Performance Scalable Platforms Enabled by Great Place to Work Technology Empowered Teams Across Attractive Metro and Community Markets 11

Business line overview § Operate in 8 metropolitan markets across Tennessee, North Alabama and Kentucky (Nashville, Chattanooga, Knoxville, Jackson, Bowling Green, Memphis, Huntsville and Florence) § Primarily commercial lending supplemented by retail networks throughout each; goal of being self-funded at ~100% Loan / Deposit ratio; customer-focused balance sheet Traditional Banking§ Operate in 16 community markets across Tennessee and North Georgia § Primarily higher yielding small business and consumer lending with strong core deposit base; goal of being a dominating presence in community markets; customer-focused balance sheet § Excess funding enables mortgage and specialty lending business lines as well as liquidity § Formerly operated through 5 origination channels (Retail, Consumer Direct, Correspondent, Third Party Origination and Reverse) § In 2019, sold wholesale mortgage operations, which comprise the Third Party Origination and correspondent mortgage delivery channels in order to focus on customer relationship based Retail and Consumer Direct channels Mortgage § Customer-focused channels fit the bank’s philosophy of having a bank customer on the opposite end of each transaction (as opposed to wholesale lending activities) § Retail and Consumer Direct, while still influenced by rate environment, are more defensive in more challenging interest rate environments § Acquired Specialty Lending Group through Clayton Banks transaction in July 2017; born out of Jim Clayton’s expertise in manufactured homes (sold Clayton Homes to Berkshire Hathaway in 2003 for $1.7 billion) Specialty § Operate through two primary channels: Community and Retail Lending § MH Community funds operators of manufactured home communities nationwide (23 states); $226 million in loans as of June Group 30, 2020 (Yield ~6.0%) § MH Retail funds the purchase of manufactured homes directly to consumers; $192 million in loans as of June 30, 2020 (Yield ~9.3%) § 21 investment advisors across Tennessee branch footprint § Operate on LPL Financial’s advisor platform FB Investments § $678 million in AUM as of June 30, 2020 § $2.4 million in YTD revenue as of June 30, 2020 12Business line overview § Operate in 8 metropolitan markets across Tennessee, North Alabama and Kentucky (Nashville, Chattanooga, Knoxville, Jackson, Bowling Green, Memphis, Huntsville and Florence) § Primarily commercial lending supplemented by retail networks throughout each; goal of being self-funded at ~100% Loan / Deposit ratio; customer-focused balance sheet Traditional Banking§ Operate in 16 community markets across Tennessee and North Georgia § Primarily higher yielding small business and consumer lending with strong core deposit base; goal of being a dominating presence in community markets; customer-focused balance sheet § Excess funding enables mortgage and specialty lending business lines as well as liquidity § Formerly operated through 5 origination channels (Retail, Consumer Direct, Correspondent, Third Party Origination and Reverse) § In 2019, sold wholesale mortgage operations, which comprise the Third Party Origination and correspondent mortgage delivery channels in order to focus on customer relationship based Retail and Consumer Direct channels Mortgage § Customer-focused channels fit the bank’s philosophy of having a bank customer on the opposite end of each transaction (as opposed to wholesale lending activities) § Retail and Consumer Direct, while still influenced by rate environment, are more defensive in more challenging interest rate environments § Acquired Specialty Lending Group through Clayton Banks transaction in July 2017; born out of Jim Clayton’s expertise in manufactured homes (sold Clayton Homes to Berkshire Hathaway in 2003 for $1.7 billion) Specialty § Operate through two primary channels: Community and Retail Lending § MH Community funds operators of manufactured home communities nationwide (23 states); $226 million in loans as of June Group 30, 2020 (Yield ~6.0%) § MH Retail funds the purchase of manufactured homes directly to consumers; $192 million in loans as of June 30, 2020 (Yield ~9.3%) § 21 investment advisors across Tennessee branch footprint § Operate on LPL Financial’s advisor platform FB Investments § $678 million in AUM as of June 30, 2020 § $2.4 million in YTD revenue as of June 30, 2020 12

Aggressively managing for impact of COVID-19 §No pandemic related reductions in force, and remote work environment has been effective Health and §Branch lobby service had been reinstated across the footprint with sneeze guards and social distancing methods in place Safety §Re-suspending lobby access in selected facilities as case counts rise §Annualized deposit growth of 43.1% in 2Q 2020, resulting in Loans HFI / Deposits of 81.1% §On balance sheet and contingent liquidity increased to $4.7 billion, an increase of $0.4 billion from Liquidity March 31, 2020, resulting in on balance sheet liquidity of 14.0% of tangible assets as of June 30, 2020 §Monitoring movement of recent influx of deposits §Strong capital position §Total Risk Based Capital ratio increased to 13.4% as of June 30, 2020 Capital 1 §Increased Allowance for Credit Losses to 2.34% of Loans HFI, or 2.51% adjusted to exclude PPP loans §Received investment grade rating from Kroll Bond Rating Agency §Mortgage continues to capitalize on low rate environment, delivered $33.6 million in total mortgage direct contribution in the second quarter Profitability §Deposit costs continue to decline with a cost of total deposits for 2Q 2020 of 0.65% §$560.2 million in time deposits with a weighted average cost of 1.75% mature in 2H 2020 §Assessing growth opportunities while balancing capital preservation and asset quality §Continue to prioritize serving existing customer base Growth §Successful in converting select prospects into customers in various markets §Seeing anecdotal buoyancy in certain markets as re-opening efforts have been initiated ¹ See “Use of non-GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of non-GAAP financial measures. 13Aggressively managing for impact of COVID-19 §No pandemic related reductions in force, and remote work environment has been effective Health and §Branch lobby service had been reinstated across the footprint with sneeze guards and social distancing methods in place Safety §Re-suspending lobby access in selected facilities as case counts rise §Annualized deposit growth of 43.1% in 2Q 2020, resulting in Loans HFI / Deposits of 81.1% §On balance sheet and contingent liquidity increased to $4.7 billion, an increase of $0.4 billion from Liquidity March 31, 2020, resulting in on balance sheet liquidity of 14.0% of tangible assets as of June 30, 2020 §Monitoring movement of recent influx of deposits §Strong capital position §Total Risk Based Capital ratio increased to 13.4% as of June 30, 2020 Capital 1 §Increased Allowance for Credit Losses to 2.34% of Loans HFI, or 2.51% adjusted to exclude PPP loans §Received investment grade rating from Kroll Bond Rating Agency §Mortgage continues to capitalize on low rate environment, delivered $33.6 million in total mortgage direct contribution in the second quarter Profitability §Deposit costs continue to decline with a cost of total deposits for 2Q 2020 of 0.65% §$560.2 million in time deposits with a weighted average cost of 1.75% mature in 2H 2020 §Assessing growth opportunities while balancing capital preservation and asset quality §Continue to prioritize serving existing customer base Growth §Successful in converting select prospects into customers in various markets §Seeing anecdotal buoyancy in certain markets as re-opening efforts have been initiated ¹ See “Use of non-GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of non-GAAP financial measures. 13

Markets have reopened for economic activity Government Guidance on Economic Activity Close Contact Entertainment Map Market Retail Restaurant Gyms Mask Orders Providers Venues Key County by county, 1 Tennessee Open w/ Distancing Open w/ Distancing Open w/ Distancing 50% Capacity Open w/ Distancing no mandate Encourages, no 2 Georgia 50% Capacity Open w/ Distancing Open w/ Distancing Open w/ Distancing Open w/ Distancing mandate Yes, effective July 3 Kentucky 50% Capacity 50% Capacity Open w/ Distancing 50% Capacity 50% Capacity 9 Yes, effective July 4 Alabama 50% Capacity Open w/ Distancing Open w/ Distancing 50% Capacity 50% Capacity 7 Yes, effective June 5 Davidson County 75% Capacity 50% Capacity 50% Capacity Open w/ Distancing 50% Capacity 28 Open, 18 ft of Yes, effective July 6 Shelby County 50% Capacity Open w/ Distancing Open w/ Distancing 50% Capacity Distance 3 FBK County Footprint Reopening Map 1 2 3 Source: tn.gov/governor/covid-19. Tennessee Pledge Source: georgia.org/covid19bizguide#other. Governor Kemp’s Statewide Executive Order: Guidelines for Businesses. Source: govstatus.egov.com. 4 5 Healthy at Work – Reopening Kentucky. Source: alabamapublichealth.gov. Order of the State Health Officer Amended June 30, 2020. Source: huschblackwell.com. Tennessee: State-by-State COVID-19 6 Guidance July 3, 2020 Source: shelbycountytn.gov. Public Health Directive Updated July 9, 2020. 14Markets have reopened for economic activity Government Guidance on Economic Activity Close Contact Entertainment Map Market Retail Restaurant Gyms Mask Orders Providers Venues Key County by county, 1 Tennessee Open w/ Distancing Open w/ Distancing Open w/ Distancing 50% Capacity Open w/ Distancing no mandate Encourages, no 2 Georgia 50% Capacity Open w/ Distancing Open w/ Distancing Open w/ Distancing Open w/ Distancing mandate Yes, effective July 3 Kentucky 50% Capacity 50% Capacity Open w/ Distancing 50% Capacity 50% Capacity 9 Yes, effective July 4 Alabama 50% Capacity Open w/ Distancing Open w/ Distancing 50% Capacity 50% Capacity 7 Yes, effective June 5 Davidson County 75% Capacity 50% Capacity 50% Capacity Open w/ Distancing 50% Capacity 28 Open, 18 ft of Yes, effective July 6 Shelby County 50% Capacity Open w/ Distancing Open w/ Distancing 50% Capacity Distance 3 FBK County Footprint Reopening Map 1 2 3 Source: tn.gov/governor/covid-19. Tennessee Pledge Source: georgia.org/covid19bizguide#other. Governor Kemp’s Statewide Executive Order: Guidelines for Businesses. Source: govstatus.egov.com. 4 5 Healthy at Work – Reopening Kentucky. Source: alabamapublichealth.gov. Order of the State Health Officer Amended June 30, 2020. Source: huschblackwell.com. Tennessee: State-by-State COVID-19 6 Guidance July 3, 2020 Source: shelbycountytn.gov. Public Health Directive Updated July 9, 2020. 14

While we continue to work with impacted customers 1 Deferral programs Total first deferrals by type ($918 million ) $354.8 § First deferral held no requirements; granting of second $321.7 deferrals are being decided on a case-by-case basis § Standard consumer loan received 2-payment relief; standard commercial loan received 90 day principal and interest forbearance; relationship managers had authority to offer plans that varied from the standard $82.5 $83.6 § Continuing to monitor as first deferral periods expire $45.3 $16.1 $14.2 34.8% 39.4% 11.3% 21.3% 14.9% § Working with customers in industries disproportionately 6.0% 5.7% 3 affected by social distancing restrictions, including C&I CRE C&D Multifamily 1-4 Family 1-4 Family Consumer & HELOC Other hospitality and restaurants 2 Second deferrals by type ($138 million ) § Of $918 million loans given a first deferral, approximately $76.9 2 61% are still in the first deferral period § Approximately 15% of loans initially deferred have 2 requested and been approved for a second deferral $46.8 § As of mid-August, approximately 26% of loans over $750 thousand that have come out of their first deferral period have requested and received a second deferral $7.4 § Approximately 5.5% of loans held in our mortgage servicing $3.5 $2.2 2.8% 8.3% $0.5 1.0% $0.3 0.6% 1.9% portfolio were in forbearance as of June 30, 2020 3 C&I CRE C&D Multifamily 1-4 Family 1-4 Family Consumer & HELOC Other ¹ Balances based on deferral participants’ loan balances outstanding as of June 30, 2020. %’s are deferrals as a percentage of total outstanding balances in each reporting category as of June 30, 2020. 2 Balances based on deferral participants’ as of July 15, 2020 and loan balances outstanding as of June 30, 2020. %’s are deferrals as a percentage of each reporting category as of June 30, 2020. 3 Includes owner-occupied CRE, excludes PPP loans. 15While we continue to work with impacted customers 1 Deferral programs Total first deferrals by type ($918 million ) $354.8 § First deferral held no requirements; granting of second $321.7 deferrals are being decided on a case-by-case basis § Standard consumer loan received 2-payment relief; standard commercial loan received 90 day principal and interest forbearance; relationship managers had authority to offer plans that varied from the standard $82.5 $83.6 § Continuing to monitor as first deferral periods expire $45.3 $16.1 $14.2 34.8% 39.4% 11.3% 21.3% 14.9% § Working with customers in industries disproportionately 6.0% 5.7% 3 affected by social distancing restrictions, including C&I CRE C&D Multifamily 1-4 Family 1-4 Family Consumer & HELOC Other hospitality and restaurants 2 Second deferrals by type ($138 million ) § Of $918 million loans given a first deferral, approximately $76.9 2 61% are still in the first deferral period § Approximately 15% of loans initially deferred have 2 requested and been approved for a second deferral $46.8 § As of mid-August, approximately 26% of loans over $750 thousand that have come out of their first deferral period have requested and received a second deferral $7.4 § Approximately 5.5% of loans held in our mortgage servicing $3.5 $2.2 2.8% 8.3% $0.5 1.0% $0.3 0.6% 1.9% portfolio were in forbearance as of June 30, 2020 3 C&I CRE C&D Multifamily 1-4 Family 1-4 Family Consumer & HELOC Other ¹ Balances based on deferral participants’ loan balances outstanding as of June 30, 2020. %’s are deferrals as a percentage of total outstanding balances in each reporting category as of June 30, 2020. 2 Balances based on deferral participants’ as of July 15, 2020 and loan balances outstanding as of June 30, 2020. %’s are deferrals as a percentage of each reporting category as of June 30, 2020. 3 Includes owner-occupied CRE, excludes PPP loans. 15

Strong liquidity position n Customer deposit base has seen consistent growth in On balance sheet liquidity balances over the past 12 months and remains a stable On-Balance Sheet Liquidity base of funding and liquidity $988.5 On-Balance Sheet Liquidity / Tangible Assets $1,000.0 n Monitoring liquidity in secondary mortgage markets and $900.0 $773.5 $800.0 impact of servicing requirements $700.0 $581.4 $550.7 $600.0 $547.9 14.0% $500.0 12.0% n Isolated and limited draw downs on commercial lines and $400.0 9.9% 9.5% 9.3% HELOC since mid-March, continue daily monitoring $300.0 $200.0 $100.0 n Monitoring movement of recent influx of deposits $- 2Q19 3Q19 4Q19 1Q20 2Q20 Loans HFI / customer deposits Sources of liquidity 2Q 2020 89.7% 89.1% 88.7% Current On-Balance Sheet: 85.3% Cash and Equivalents $717.6 81.3% Unpledged Securities 266.6 Equity Securities 4.3 Total On-Balance Sheet $988.5 Available Sources of Liquidity: Brokered CDs and Unsecured Lines $2,083.0 FHLB 524.7 Discount Window 1,055.3 Total Available Sources $3,663.0 2Q19 3Q19 4Q19 1Q20 2Q20 Note: Financial data presented on a consolidated basis. 16Strong liquidity position n Customer deposit base has seen consistent growth in On balance sheet liquidity balances over the past 12 months and remains a stable On-Balance Sheet Liquidity base of funding and liquidity $988.5 On-Balance Sheet Liquidity / Tangible Assets $1,000.0 n Monitoring liquidity in secondary mortgage markets and $900.0 $773.5 $800.0 impact of servicing requirements $700.0 $581.4 $550.7 $600.0 $547.9 14.0% $500.0 12.0% n Isolated and limited draw downs on commercial lines and $400.0 9.9% 9.5% 9.3% HELOC since mid-March, continue daily monitoring $300.0 $200.0 $100.0 n Monitoring movement of recent influx of deposits $- 2Q19 3Q19 4Q19 1Q20 2Q20 Loans HFI / customer deposits Sources of liquidity 2Q 2020 89.7% 89.1% 88.7% Current On-Balance Sheet: 85.3% Cash and Equivalents $717.6 81.3% Unpledged Securities 266.6 Equity Securities 4.3 Total On-Balance Sheet $988.5 Available Sources of Liquidity: Brokered CDs and Unsecured Lines $2,083.0 FHLB 524.7 Discount Window 1,055.3 Total Available Sources $3,663.0 2Q19 3Q19 4Q19 1Q20 2Q20 Note: Financial data presented on a consolidated basis. 16

Core deposit franchise provides stable liquidity Total deposits ($mm) Cost of deposits Customer deposits Brokered and internet time deposits Noninterest bearing (%) Cost of total deposits (%) 35.0% 29.8% 30.0% $5,953 24.7% 24.8% 24.5% $15 25.0% 23.0% $5,377 $4,922 $4,935 $4,843 $20 20.0% $25 $20 $30 1.14% 1.11% 15.0% 1.02% $5,938 0.94% $5,357 10.0% $4,915 $4,897 $4,813 0.65% 5.0% 0.0% 2Q19 3Q19 4Q19 1Q20 2Q20 2Q19 3Q19 4Q19 1Q20 2Q20 1 Noninterest bearing deposits ($mm) Deposit composition Time 20% Noninterest- bearing checking Savings 30% 5% $1,775 Interest-bearing $1,336 Money market $1,214 $1,208 checking $1,112 24% 21% 51% Checking accounts 2Q19 3Q19 4Q19 1Q20 2Q20 ¹ Includes mortgage servicing-related deposits of $70.4mm, $121.4mm, $92.6mm, $110.1mm and $149.1mm for the quarters ended June 30, 2019, September 30, 2019, December 31, 2019, March 31, 2020 and June 30, 2020, respectively. Note: Financial data presented on a consolidated basis. 17Core deposit franchise provides stable liquidity Total deposits ($mm) Cost of deposits Customer deposits Brokered and internet time deposits Noninterest bearing (%) Cost of total deposits (%) 35.0% 29.8% 30.0% $5,953 24.7% 24.8% 24.5% $15 25.0% 23.0% $5,377 $4,922 $4,935 $4,843 $20 20.0% $25 $20 $30 1.14% 1.11% 15.0% 1.02% $5,938 0.94% $5,357 10.0% $4,915 $4,897 $4,813 0.65% 5.0% 0.0% 2Q19 3Q19 4Q19 1Q20 2Q20 2Q19 3Q19 4Q19 1Q20 2Q20 1 Noninterest bearing deposits ($mm) Deposit composition Time 20% Noninterest- bearing checking Savings 30% 5% $1,775 Interest-bearing $1,336 Money market $1,214 $1,208 checking $1,112 24% 21% 51% Checking accounts 2Q19 3Q19 4Q19 1Q20 2Q20 ¹ Includes mortgage servicing-related deposits of $70.4mm, $121.4mm, $92.6mm, $110.1mm and $149.1mm for the quarters ended June 30, 2019, September 30, 2019, December 31, 2019, March 31, 2020 and June 30, 2020, respectively. Note: Financial data presented on a consolidated basis. 17

Well-capitalized headed into recession Consolidated Bank Level (Issuer) Tangible common equity / tangible assets Tier 1 leverage ratio 11.4% 10.9% 10.6% 10.5% 10.4% 10.3% 10.1% 10.0% 9.9% 9.7% 9.7% 9.7% 9.7% 9.2% 9.1% 9.1% 8.7% 8.7% 8.6% 8.0% 2018 2019 1Q20 2Q20 Pro Forma¹ 2018 2019 1Q20 2Q20 Pro Forma¹ Tier 1 capital ratio Total risk based capital ratio 12.4% 12.3% 12.1% 11.9% 13.5% 11.7% 13.4% 13.4% 11.6% 11.6% 13.2% 11.5% 13.0% 11.1% 12.7% 12.5% 12.5% 12.2% 10.6% 12.1% 2018 2019 1Q20 2Q20 Pro Forma¹ 2018 2019 1Q20 2Q20 Pro Forma¹ 1 Pro forma capital ratios as of June 30, 2020 includes pro forma impact of the recently completed Franklin Financial Network merger including purchase accounting adjustments and for the proposed $75 million bank- level subordinated debt offering assuming a placement fee of 1.50%, fixed offering costs of $350 thousand and risk-weighting of assets of 20%. 18Well-capitalized headed into recession Consolidated Bank Level (Issuer) Tangible common equity / tangible assets Tier 1 leverage ratio 11.4% 10.9% 10.6% 10.5% 10.4% 10.3% 10.1% 10.0% 9.9% 9.7% 9.7% 9.7% 9.7% 9.2% 9.1% 9.1% 8.7% 8.7% 8.6% 8.0% 2018 2019 1Q20 2Q20 Pro Forma¹ 2018 2019 1Q20 2Q20 Pro Forma¹ Tier 1 capital ratio Total risk based capital ratio 12.4% 12.3% 12.1% 11.9% 13.5% 11.7% 13.4% 13.4% 11.6% 11.6% 13.2% 11.5% 13.0% 11.1% 12.7% 12.5% 12.5% 12.2% 10.6% 12.1% 2018 2019 1Q20 2Q20 Pro Forma¹ 2018 2019 1Q20 2Q20 Pro Forma¹ 1 Pro forma capital ratios as of June 30, 2020 includes pro forma impact of the recently completed Franklin Financial Network merger including purchase accounting adjustments and for the proposed $75 million bank- level subordinated debt offering assuming a placement fee of 1.50%, fixed offering costs of $350 thousand and risk-weighting of assets of 20%. 18

Balanced portfolio 1 Portfolio mix – gross loans HFI ($4.8bn) C&I exposure by industry Other Balance Ex. PPP PPP 6% C&I CRE-OO Total % of Total Loans 1-4 family Real Estate Rental and Leasing $ 278.7 $ 97.2 $ 375.9 22.7% $ 11.5 15% Retail Trade 65.3 101.1 166.4 10.0% 23.3 Wholesale Trade 100.3 41.8 142.1 8.6% 24.6 1-4 family HELOC Finance and Insurance 125.5 14.6 140.1 8.4% 7.0 1 5% Health Care and Social Assistance 52.8 76.8 129.6 7.8% 41.6 C&I Manufacturing 70.7 56.4 127.1 7.7% 44.6 41% Multifamily Other Services (except Public Administration) 16.8 78.3 95.1 5.7% 17.0 2% Accommodation and Food Services 23.7 53.3 76.9 4.6% 15.3 Transportation and Warehousing 51.2 13.3 64.5 3.9% 11.8 Arts, Entertainment and Recreation 27.4 35.2 62.7 3.8% 7.4 C&D Construction 37.3 26.1 63.3 3.8% 39.0 12% Professional, Scientific and Technical Services 22.6 16.9 39.5 2.4% 29.8 Information 18.1 12.9 30.9 1.9% 3.9 Other 84.8 59.2 144.0 8.7% 37.9 Total $ 975.0 $ 683.2 $ 1,658.2 100.0% $ 314.7 2 CRE 19% 2 CRE exposure by collateral ($0.9bn) Commercial real estate concentrations Other Office 24% 18% % of Risk-Based Capital Commercial real estate 3 (CRE) concentrations 4Q19 1Q20 2Q20 Hotel C&D loans subject to Healthcare Facility 16% 100% risk-based capital 88% 86% 75% 5% threshold Warehouse / Industrial Total CRE loans subject to 7% 300% risk-based capital 247% 230% 215% Retail Self Storage 2 threshold 14% 8% Manufactured Home 9% 1 2 3 C&I includes owner-occupied CRE. PPP Loans comprise 16% of C&I loans, or 7% of gross loans (HFI). Excludes owner-occupied CRE. Risk-based capital at FirstBank as defined in Call Report. Note: Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio mix, C&I exposure by industry and CRE exposure by collateral are as of June 30, 2020. 19Balanced portfolio 1 Portfolio mix – gross loans HFI ($4.8bn) C&I exposure by industry Other Balance Ex. PPP PPP 6% C&I CRE-OO Total % of Total Loans 1-4 family Real Estate Rental and Leasing $ 278.7 $ 97.2 $ 375.9 22.7% $ 11.5 15% Retail Trade 65.3 101.1 166.4 10.0% 23.3 Wholesale Trade 100.3 41.8 142.1 8.6% 24.6 1-4 family HELOC Finance and Insurance 125.5 14.6 140.1 8.4% 7.0 1 5% Health Care and Social Assistance 52.8 76.8 129.6 7.8% 41.6 C&I Manufacturing 70.7 56.4 127.1 7.7% 44.6 41% Multifamily Other Services (except Public Administration) 16.8 78.3 95.1 5.7% 17.0 2% Accommodation and Food Services 23.7 53.3 76.9 4.6% 15.3 Transportation and Warehousing 51.2 13.3 64.5 3.9% 11.8 Arts, Entertainment and Recreation 27.4 35.2 62.7 3.8% 7.4 C&D Construction 37.3 26.1 63.3 3.8% 39.0 12% Professional, Scientific and Technical Services 22.6 16.9 39.5 2.4% 29.8 Information 18.1 12.9 30.9 1.9% 3.9 Other 84.8 59.2 144.0 8.7% 37.9 Total $ 975.0 $ 683.2 $ 1,658.2 100.0% $ 314.7 2 CRE 19% 2 CRE exposure by collateral ($0.9bn) Commercial real estate concentrations Other Office 24% 18% % of Risk-Based Capital Commercial real estate 3 (CRE) concentrations 4Q19 1Q20 2Q20 Hotel C&D loans subject to Healthcare Facility 16% 100% risk-based capital 88% 86% 75% 5% threshold Warehouse / Industrial Total CRE loans subject to 7% 300% risk-based capital 247% 230% 215% Retail Self Storage 2 threshold 14% 8% Manufactured Home 9% 1 2 3 C&I includes owner-occupied CRE. PPP Loans comprise 16% of C&I loans, or 7% of gross loans (HFI). Excludes owner-occupied CRE. Risk-based capital at FirstBank as defined in Call Report. Note: Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio mix, C&I exposure by industry and CRE exposure by collateral are as of June 30, 2020. 19

Industries of concern – pro forma as of June 30, 2020 FBK FSB Pro Forma Industries of Industries of Industries of Concern Concern Concern 22.7% 22.0% 20.9% $4.8bn $2.8bn $7.6bn Other Other Industries Other Industries 78.0% Industries 79.1% 77.3% FBK % of FSB % of Pro Forma % of Industries of Concern Loans HFI Industries of Concern Loans HFI Industries of Concern Loans HFI Retail 7.7% Retail 9.1% Retail 8.2% Healthcare 5.3% Healthcare 3.0% Healthcare 4.5% Hotel 4.0% Hotel 5.1% Hotel 4.4% Other Leisure 2.3% Other Leisure 0.5% Other Leisure 1.5% Transportation 2.1% Transportation 0.4% Transportation 1.6% Restaurant 1.3% Restaurant 2.8% Restaurant 1.9% Total (%) 22.7% Total (%) 20.9% Total (%) 22.0% Total ($bn) $1.1 Total ($bn) $0.6 Total ($bn) $1.7 Gross Loans HFI ($bn) $4.8 Gross Loans HFI ($bn) $2.8 Gross Loans HFI ($bn) $7.6 1 Simple summation of balances as of June 30, 2020; does not take into account potential impact of purchase accounting. Note: Loan, reserve and asset quality data is consistent between the bank level and consolidated level. 20Industries of concern – pro forma as of June 30, 2020 FBK FSB Pro Forma Industries of Industries of Industries of Concern Concern Concern 22.7% 22.0% 20.9% $4.8bn $2.8bn $7.6bn Other Other Industries Other Industries 78.0% Industries 79.1% 77.3% FBK % of FSB % of Pro Forma % of Industries of Concern Loans HFI Industries of Concern Loans HFI Industries of Concern Loans HFI Retail 7.7% Retail 9.1% Retail 8.2% Healthcare 5.3% Healthcare 3.0% Healthcare 4.5% Hotel 4.0% Hotel 5.1% Hotel 4.4% Other Leisure 2.3% Other Leisure 0.5% Other Leisure 1.5% Transportation 2.1% Transportation 0.4% Transportation 1.6% Restaurant 1.3% Restaurant 2.8% Restaurant 1.9% Total (%) 22.7% Total (%) 20.9% Total (%) 22.0% Total ($bn) $1.1 Total ($bn) $0.6 Total ($bn) $1.7 Gross Loans HFI ($bn) $4.8 Gross Loans HFI ($bn) $2.8 Gross Loans HFI ($bn) $7.6 1 Simple summation of balances as of June 30, 2020; does not take into account potential impact of purchase accounting. Note: Loan, reserve and asset quality data is consistent between the bank level and consolidated level. 20

FBK Industries of concern n Concentrations representative of community bankers Industry exposures / gross loans (HFI) serving customers across our communities 7.7% n Focused on in-market relationship banking n Trends better than expected to date as markets reopened 5.3% in late April / early May, continue monitoring in light of COVID case increases 4.0% n Limited SNC exposure overall at 3 credits less than $100 2.3% million in aggregate, and none are in these industries of 2.1% concern 1.3% n Summary: While satisfactory to date, continue to monitor Retail Healthcare Hotel Other Leisure Transportation Restaurant closely Industries of concern credit quality Deferral participants 91.5% First Deferrals Second Deferrals 6/30/20 6/30/20 7/15/20 6/30/20 Participants Balances Participants Balances Retail 117 $ 142.2 12 $ 20.8 Healthcare 85 41.4 4 3.7 Hotel 53 146.6 19 57.4 Other Leisure 36 39.0 5 9.9 Transportation 114 10.7 5 0.8 Restaurant 75 43.8 6 7.1 Total Industries of Concern 480 $ 423.7 51 $ 99.8 Other Loans HFI 1,472 494.6 43 37.8 4.6% Total Loans HFI 1,952 $ 918.3 94 $ 137.6 2.8% 1.0% Industries of Concern / Total 24.6% 46.1% 54.3% 72.5% Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Industry exposures and credit quality percentages are as of June 30, 2020. 21FBK Industries of concern n Concentrations representative of community bankers Industry exposures / gross loans (HFI) serving customers across our communities 7.7% n Focused on in-market relationship banking n Trends better than expected to date as markets reopened 5.3% in late April / early May, continue monitoring in light of COVID case increases 4.0% n Limited SNC exposure overall at 3 credits less than $100 2.3% million in aggregate, and none are in these industries of 2.1% concern 1.3% n Summary: While satisfactory to date, continue to monitor Retail Healthcare Hotel Other Leisure Transportation Restaurant closely Industries of concern credit quality Deferral participants 91.5% First Deferrals Second Deferrals 6/30/20 6/30/20 7/15/20 6/30/20 Participants Balances Participants Balances Retail 117 $ 142.2 12 $ 20.8 Healthcare 85 41.4 4 3.7 Hotel 53 146.6 19 57.4 Other Leisure 36 39.0 5 9.9 Transportation 114 10.7 5 0.8 Restaurant 75 43.8 6 7.1 Total Industries of Concern 480 $ 423.7 51 $ 99.8 Other Loans HFI 1,472 494.6 43 37.8 4.6% Total Loans HFI 1,952 $ 918.3 94 $ 137.6 2.8% 1.0% Industries of Concern / Total 24.6% 46.1% 54.3% 72.5% Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Industry exposures and credit quality percentages are as of June 30, 2020. 21

FBK Retail portfolio – 7.7% of gross loans HFI n 53% C&I / CRE-OO and 47% CRE Non-OO and Other Portfolio overview n CRE Non-owner occupied and Other – Generally smaller strip centers with backing of good Car, RV, Boat and ATV Dealers guarantors; largest single loan <$8 million 22% – High level of tenants paying as agreed; those not paying are working with our borrowers in developing payment Gas Stations and Non-Owner Occ / Other Convenience Stores plans as locales have reopened CRE 6% 47% – Summary: Continue to monitor for issues, so far Sporting goods continued satisfactory performance 3% Pharmacies and drug stores n C&I / CRE-OO portfolio 2% – Auto dealerships are weathering the downturn; limited Other Retailers < 3% supply creating shortages in inventory 20% – Summary: Satisfactory performance, continue to monitor, especially regarding reopening trends Credit quality Deferral participants First Deferral Second Deferral 94.8% 7/15/20 6/30/20 6/30/20 6/30/20 Participants Balances Participants Balances CRE Non-OO and Other 55 $ 82,448 9 $ 17,605 C&I and CRE-OO: Car, RV, Boat & ATV Dealers 15 $ 43,285 - $ - Gas Stations and C-Stores 7 3,394 - - Pharmacies & Drug Stores 2 1,040 - - Sporting Goods 1 88 - - Other Miscellaneous Retailers 37 11,964 3 3,178 Total C&I and CRE-OO 62 $ 59,771 3 $ 3,178 2.2% 1.9% 1.0% Pass Watch Special Mention Substandard Total Retail Exposure 117 $ 142,218 12 $ 20,783 Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 22FBK Retail portfolio – 7.7% of gross loans HFI n 53% C&I / CRE-OO and 47% CRE Non-OO and Other Portfolio overview n CRE Non-owner occupied and Other – Generally smaller strip centers with backing of good Car, RV, Boat and ATV Dealers guarantors; largest single loan <$8 million 22% – High level of tenants paying as agreed; those not paying are working with our borrowers in developing payment Gas Stations and Non-Owner Occ / Other Convenience Stores plans as locales have reopened CRE 6% 47% – Summary: Continue to monitor for issues, so far Sporting goods continued satisfactory performance 3% Pharmacies and drug stores n C&I / CRE-OO portfolio 2% – Auto dealerships are weathering the downturn; limited Other Retailers < 3% supply creating shortages in inventory 20% – Summary: Satisfactory performance, continue to monitor, especially regarding reopening trends Credit quality Deferral participants First Deferral Second Deferral 94.8% 7/15/20 6/30/20 6/30/20 6/30/20 Participants Balances Participants Balances CRE Non-OO and Other 55 $ 82,448 9 $ 17,605 C&I and CRE-OO: Car, RV, Boat & ATV Dealers 15 $ 43,285 - $ - Gas Stations and C-Stores 7 3,394 - - Pharmacies & Drug Stores 2 1,040 - - Sporting Goods 1 88 - - Other Miscellaneous Retailers 37 11,964 3 3,178 Total C&I and CRE-OO 62 $ 59,771 3 $ 3,178 2.2% 1.9% 1.0% Pass Watch Special Mention Substandard Total Retail Exposure 117 $ 142,218 12 $ 20,783 Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 22

FBK Healthcare portfolio – 5.3% of loans HFI n Assisted Living / Nursing Care continues to perform well; no Portfolio overview known COVID-19 outbreaks at this time Other Healthcare and Social Assisted Living / Assistance Nursing Care / n Offices of Physicians benefitted from the majority of our 25% Continuing Care 37% markets reopening in late April / early May n Summary: Satisfactory performance to date, continue to monitor Mental Health and Substance Abuse 14% Offices of Physicians 24% Credit quality Deferral participants 95.5% First Deferral Second Deferral 7/15/20 6/30/20 6/30/20 6/30/20 Participants Balances Participants Balances Assisted Living / Nursing Care - $ - - $ - / Continuing Care Offices of Physicians 74 27,938 4 3,708 Mental Health and Substance 4 5,747 - - Abuse Other Healthcare and Social 7 7,713 - - Assistance Total Healthcare and Social 3.0% 85 $ 41,398 4 $ 3,708 1.5% 0.0% Assistance Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 23FBK Healthcare portfolio – 5.3% of loans HFI n Assisted Living / Nursing Care continues to perform well; no Portfolio overview known COVID-19 outbreaks at this time Other Healthcare and Social Assisted Living / Assistance Nursing Care / n Offices of Physicians benefitted from the majority of our 25% Continuing Care 37% markets reopening in late April / early May n Summary: Satisfactory performance to date, continue to monitor Mental Health and Substance Abuse 14% Offices of Physicians 24% Credit quality Deferral participants 95.5% First Deferral Second Deferral 7/15/20 6/30/20 6/30/20 6/30/20 Participants Balances Participants Balances Assisted Living / Nursing Care - $ - - $ - / Continuing Care Offices of Physicians 74 27,938 4 3,708 Mental Health and Substance 4 5,747 - - Abuse Other Healthcare and Social 7 7,713 - - Assistance Total Healthcare and Social 3.0% 85 $ 41,398 4 $ 3,708 1.5% 0.0% Assistance Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 23

FBK Hotel portfolio – 4.0% of gross loans HFI n Occupancy rates vary widely across footprint, with Nashville Outstanding by location hotels at approximately 30% - 40%, while some geographies are as high as 80% Out of Market n Reports from operators reference leisure properties lead the way, 8% Other Community Thursday through Sunday business has picked up 7% n Confident in the underwriting of our portfolio and the strength of Nashville MSA our borrowers 36% n Two legacy credits acquired in prior acquisitions totaling $4.8 Other MSA 13% million in outstanding balances accounted for the majority of the increase in substandard loans between 1Q 2020 and 2Q 2020. One other legacy property, highlighted in prior earnings call, continues to be reflected within substandard category with Bowling Green MSA significant reserves recorded 10% n 53 first deferral participants as of June 30th with $147 million Memphis MSA Atlanta MSA th 16% outstanding; 19 second deferral participants as of July 15 with 10% $57 million in outstanding balances n Summary: Continue to remain concerned about the space, with heavy attention from our teams Credit quality Outstanding by flag Other 85.8% 11% Best Western / Choice Hilton / IHG / Marriott / / Red Lion / Red Roof Wyndham 12% 77% 7.2% 6.5% 0.5% Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Outstanding by location, credit quality and outstanding by flag percentages are as of June 30, 2020. 24FBK Hotel portfolio – 4.0% of gross loans HFI n Occupancy rates vary widely across footprint, with Nashville Outstanding by location hotels at approximately 30% - 40%, while some geographies are as high as 80% Out of Market n Reports from operators reference leisure properties lead the way, 8% Other Community Thursday through Sunday business has picked up 7% n Confident in the underwriting of our portfolio and the strength of Nashville MSA our borrowers 36% n Two legacy credits acquired in prior acquisitions totaling $4.8 Other MSA 13% million in outstanding balances accounted for the majority of the increase in substandard loans between 1Q 2020 and 2Q 2020. One other legacy property, highlighted in prior earnings call, continues to be reflected within substandard category with Bowling Green MSA significant reserves recorded 10% n 53 first deferral participants as of June 30th with $147 million Memphis MSA Atlanta MSA th 16% outstanding; 19 second deferral participants as of July 15 with 10% $57 million in outstanding balances n Summary: Continue to remain concerned about the space, with heavy attention from our teams Credit quality Outstanding by flag Other 85.8% 11% Best Western / Choice Hilton / IHG / Marriott / / Red Lion / Red Roof Wyndham 12% 77% 7.2% 6.5% 0.5% Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Outstanding by location, credit quality and outstanding by flag percentages are as of June 30, 2020. 24

FBK Other Leisure – 2.3% of gross loans HFI n Confidence in portfolio due to current performance and Portfolio overview strong guarantors Other <5% Marinas n Certain categories, such as marinas, have actually 18% 19% benefitted from current backdrop as safe recreational activities are sought Theaters n Exercise operators report improved results since re- 8% RV Parks and openings Campgrounds 17% Sports Teams and n Discussions with clients associated with professional sports Clubs or theater operators indicate plans to perform as agreed 10% upon coming out of deferral periods, including specific identified capital calls Historical Sites Fitness and Rec Sports Centers 13% 15% n Summary: Satisfactory performance, continue to monitor Credit quality Deferral participants First Deferral Second Deferral 6/30/20 6/30/20 7/15/20 6/30/20 96.3% Participants Balances Participants Balances Marinas 4 $ 13,980 3 $ 8,005 RV Parks and Campgrounds 3 1,768 - - Fitness and Recreational 7 5,510 - - Sports Centers Historical Sites - - - - Sports Teams and Clubs - - - - Theaters 4 9,444 - - 18 8,277 2 1,902 Other 2.0% 1.7% 0.0% Total Other Leisure 36 $ 38,978 5 $ 9,908 Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 25FBK Other Leisure – 2.3% of gross loans HFI n Confidence in portfolio due to current performance and Portfolio overview strong guarantors Other <5% Marinas n Certain categories, such as marinas, have actually 18% 19% benefitted from current backdrop as safe recreational activities are sought Theaters n Exercise operators report improved results since re- 8% RV Parks and openings Campgrounds 17% Sports Teams and n Discussions with clients associated with professional sports Clubs or theater operators indicate plans to perform as agreed 10% upon coming out of deferral periods, including specific identified capital calls Historical Sites Fitness and Rec Sports Centers 13% 15% n Summary: Satisfactory performance, continue to monitor Credit quality Deferral participants First Deferral Second Deferral 6/30/20 6/30/20 7/15/20 6/30/20 96.3% Participants Balances Participants Balances Marinas 4 $ 13,980 3 $ 8,005 RV Parks and Campgrounds 3 1,768 - - Fitness and Recreational 7 5,510 - - Sports Centers Historical Sites - - - - Sports Teams and Clubs - - - - Theaters 4 9,444 - - 18 8,277 2 1,902 Other 2.0% 1.7% 0.0% Total Other Leisure 36 $ 38,978 5 $ 9,908 Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 25

FBK Transportation and warehousing – 2.1% of gross loans HFI n Overall satisfactory performance Portfolio overview Other n Larger operators are improving Transportation and Warehousing 16% n One small trucking operator with <$1.5 million in outstandings filed for bankruptcy during the quarter Consumer Charter Transportation 11% Trucking n Summary: Overall acceptable results, monitoring for 50% potential impact to smaller operators Air Travel and Support 23% Credit quality Deferral participants First Deferral Second Deferral 6/30/20 6/30/20 7/15/20 6/30/20 78.0% Participants Balances Participants Balances Trucking 97 $ 9,606 - $ - Air Travel and - - - - Support Consumer Charter 5 832 5 832 Transportation 21.0% 12 284 - - Other Total Transportation 1.3% 0.0% 114 $ 10,722 5 $ 832 and Warehousing Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 26FBK Transportation and warehousing – 2.1% of gross loans HFI n Overall satisfactory performance Portfolio overview Other n Larger operators are improving Transportation and Warehousing 16% n One small trucking operator with <$1.5 million in outstandings filed for bankruptcy during the quarter Consumer Charter Transportation 11% Trucking n Summary: Overall acceptable results, monitoring for 50% potential impact to smaller operators Air Travel and Support 23% Credit quality Deferral participants First Deferral Second Deferral 6/30/20 6/30/20 7/15/20 6/30/20 78.0% Participants Balances Participants Balances Trucking 97 $ 9,606 - $ - Air Travel and - - - - Support Consumer Charter 5 832 5 832 Transportation 21.0% 12 284 - - Other Total Transportation 1.3% 0.0% 114 $ 10,722 5 $ 832 and Warehousing Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 26

FBK Restaurant – 1.3% of gross loans HFI n Overall satisfactory performance Portfolio overview n Quick service seeing satisfactory results with drive through model Other n Full service impacted more heavily given costs to re-open 4% Bars and concerns regarding potential further shut-downs. 6% Portfolio in this category benefit from backing of guarantors n Largest exposure ($3.9 million) is to an operator currently benefitting from their model, which is a combination of fast casual and bar service Limited Service 30% n Summary: Satisfactory performance to date; continue to be concerned about this space as operators face re- Full Service engineering their models long-term 60% n Not included in this exposure disclosure is a diversified food company which also has certain retail outlets, exposure ~$25M; relationship accepted first deferral and not currently performing to par Credit quality Deferral participants First Deferral Second Deferral 85.4% 6/30/20 6/30/20 7/15/20 6/30/20 Participants Balances Participants Balances Full Service Restaurants 40 $ 25,570 5 $ 6,326 Limited-Service 26 15,711 1 800 Restaurants Bars 6 2,122 - - 10.6% 3 379 - - Other 3.0% 1.1% Total Restaurants 75 $ 43,782 6 $ 7,126 Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 27FBK Restaurant – 1.3% of gross loans HFI n Overall satisfactory performance Portfolio overview n Quick service seeing satisfactory results with drive through model Other n Full service impacted more heavily given costs to re-open 4% Bars and concerns regarding potential further shut-downs. 6% Portfolio in this category benefit from backing of guarantors n Largest exposure ($3.9 million) is to an operator currently benefitting from their model, which is a combination of fast casual and bar service Limited Service 30% n Summary: Satisfactory performance to date; continue to be concerned about this space as operators face re- Full Service engineering their models long-term 60% n Not included in this exposure disclosure is a diversified food company which also has certain retail outlets, exposure ~$25M; relationship accepted first deferral and not currently performing to par Credit quality Deferral participants First Deferral Second Deferral 85.4% 6/30/20 6/30/20 7/15/20 6/30/20 Participants Balances Participants Balances Full Service Restaurants 40 $ 25,570 5 $ 6,326 Limited-Service 26 15,711 1 800 Restaurants Bars 6 2,122 - - 10.6% 3 379 - - Other 3.0% 1.1% Total Restaurants 75 $ 43,782 6 $ 7,126 Pass Watch Special Mention Substandard Note: Exposures included will differ from “C&I Exposure by Industry” table on slide 19 due to inclusion of non-owner occupied and other balances as well as additional tangential exposures. Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Portfolio overview and credit quality percentages are as of June 30, 2020. 27

FSB portfolio overview 1 Portfolio mix C&I exposure by industry Balance Ex. Non-Core Non-Core Other C&I CRE-OO Total % of Total Loans 0% 1-4 family Real Estate Rental and Leasing $ 38.1 $ 70.8 $ 108.9 25.4% $ 12.6 1 15% C&I Accommodation and Food Services 5.4 33.3 38.7 9.0% - 28% Retail Trade 5.4 27.9 33.3 7.7% - Health Care and Social Assistance 21.4 10.9 32.3 7.5% 185.5 1-4 family HELOC Other Services (except Public Administration) 3.5 25.8 29.3 6.8% - 7% Construction 10.1 16.6 26.8 6.2% - Manufacturing 18.0 8.0 26.0 6.1% 44.1 Multifamily Wholesale Trade 5.6 15.6 21.2 4.9% 37.8 2% Educational Services 6.7 12.0 18.7 4.4% - Professional, Scientific and Technical Services 7.0 9.7 16.8 3.9% 33.0 Finance and Insurance 10.4 5.3 15.7 3.7% 10.8 Mining 6.8 - 6.8 1.6% - Transportation and Warehousing 2.8 1.1 3.9 0.9% 16.7 Other 18.4 32.8 51.2 11.9% 17.1 C&D Total $ 159.6 $ 269.8 $ 429.4 100.0% $ 357.6 23% 2 CRE 25% Non-Owner Occupied CRE ($0.7B) exposure by sector C&D exposure by type ($0.6B) Other Other Restaurant 7% 13% Hotel Retail 4% Health Care / 3% Residential Spec 26% Assisted Living 30% Commercial Land 7% 3% Assisted Living / Nursing Mixed Use 4% 9% Retail 4% Commercial Lot 5% Residential Warehouse/Industrial Office Custom Residential Pre- 13% 19% 10% Sale 9% Multifamily Hotel Commercial A&D 15% 9% 10% 1 2 C&I includes owner-occupied CRE. Note: C&I includes $357.6 million in Non-Core, Institutional loans, or 13% of loans HFI Excludes owner-occupied CRE. Source: FSB internal documents. Information is as of June 30, 2020. 28FSB portfolio overview 1 Portfolio mix C&I exposure by industry Balance Ex. Non-Core Non-Core Other C&I CRE-OO Total % of Total Loans 0% 1-4 family Real Estate Rental and Leasing $ 38.1 $ 70.8 $ 108.9 25.4% $ 12.6 1 15% C&I Accommodation and Food Services 5.4 33.3 38.7 9.0% - 28% Retail Trade 5.4 27.9 33.3 7.7% - Health Care and Social Assistance 21.4 10.9 32.3 7.5% 185.5 1-4 family HELOC Other Services (except Public Administration) 3.5 25.8 29.3 6.8% - 7% Construction 10.1 16.6 26.8 6.2% - Manufacturing 18.0 8.0 26.0 6.1% 44.1 Multifamily Wholesale Trade 5.6 15.6 21.2 4.9% 37.8 2% Educational Services 6.7 12.0 18.7 4.4% - Professional, Scientific and Technical Services 7.0 9.7 16.8 3.9% 33.0 Finance and Insurance 10.4 5.3 15.7 3.7% 10.8 Mining 6.8 - 6.8 1.6% - Transportation and Warehousing 2.8 1.1 3.9 0.9% 16.7 Other 18.4 32.8 51.2 11.9% 17.1 C&D Total $ 159.6 $ 269.8 $ 429.4 100.0% $ 357.6 23% 2 CRE 25% Non-Owner Occupied CRE ($0.7B) exposure by sector C&D exposure by type ($0.6B) Other Other Restaurant 7% 13% Hotel Retail 4% Health Care / 3% Residential Spec 26% Assisted Living 30% Commercial Land 7% 3% Assisted Living / Nursing Mixed Use 4% 9% Retail 4% Commercial Lot 5% Residential Warehouse/Industrial Office Custom Residential Pre- 13% 19% 10% Sale 9% Multifamily Hotel Commercial A&D 15% 9% 10% 1 2 C&I includes owner-occupied CRE. Note: C&I includes $357.6 million in Non-Core, Institutional loans, or 13% of loans HFI Excludes owner-occupied CRE. Source: FSB internal documents. Information is as of June 30, 2020. 28

FSB Industries of concern n Concentrations representative of community bankers Industry exposures / gross loans (HFI) serving customers across FSB’s communities 9.1% n Core portfolio is focused on in-market relationship banking n No shared national credits outside of the non-core portfolio 5.1% n Limited private equity backed relationships outside of the non-core portfolio 3.0% 2.8% n Core healthcare portfolio is approximately evenly split between C&I and CRE; largest non-owner occupied relationship is ~$11 million for a skilled nursing facility and a 0.5% 0.4% 69% LTV; largest C&I relationship is ~$4 million to a local day-care facility Retail Hotel Healthcare Restaurant Other Leisure Transportation Industries of concern credit quality Deferral participants Aggregate First Deferrals 95.6% 6/30/20 6/30/20 Participants Balances Retail 32 $ 122.3 Hotel 23 118.1 Healthcare 34 34.3 Restaurant 30 56.5 Other Leisure 9 7.1 Transportation 12 10.5 Total Industries of Concern 140 $ 348.8 3.5% 0.7% 0.2% Non-Core Institutional Portfolio 19 85.0 Pass Watch Special Mention Substandard Other Loans HFI 332 337.3 Total Loans HFI 491 $ 771.1 Source: FSB internal documents. Industry exposures and credit quality percentages are as of June 30, 2020. 29FSB Industries of concern n Concentrations representative of community bankers Industry exposures / gross loans (HFI) serving customers across FSB’s communities 9.1% n Core portfolio is focused on in-market relationship banking n No shared national credits outside of the non-core portfolio 5.1% n Limited private equity backed relationships outside of the non-core portfolio 3.0% 2.8% n Core healthcare portfolio is approximately evenly split between C&I and CRE; largest non-owner occupied relationship is ~$11 million for a skilled nursing facility and a 0.5% 0.4% 69% LTV; largest C&I relationship is ~$4 million to a local day-care facility Retail Hotel Healthcare Restaurant Other Leisure Transportation Industries of concern credit quality Deferral participants Aggregate First Deferrals 95.6% 6/30/20 6/30/20 Participants Balances Retail 32 $ 122.3 Hotel 23 118.1 Healthcare 34 34.3 Restaurant 30 56.5 Other Leisure 9 7.1 Transportation 12 10.5 Total Industries of Concern 140 $ 348.8 3.5% 0.7% 0.2% Non-Core Institutional Portfolio 19 85.0 Pass Watch Special Mention Substandard Other Loans HFI 332 337.3 Total Loans HFI 491 $ 771.1 Source: FSB internal documents. Industry exposures and credit quality percentages are as of June 30, 2020. 29

FSB Retail portfolio – 9.1% of loans HFI n Core business focuses primarily on local customers and Portfolio overview local projects 1 C&I n Focus on multiple sources of repayment (Primary, 18% Secondary and Tertiary) n 3 Non-Owner Occupied relationships over $10 million; largest loan is ~$34 million for an in-market regional mall at C&D 12% ~55% LTV with a mix of retail and restaurants and Dillard’s as the anchor tenant n Median C&I loan is $0.3 million; largest relationship is ~$6 million to an auto dealer Non-Owner Occ / Other CRE 70% Credit quality First deferral participants 95.2% $105 $12 $6 1.8% 1.6% 1.4% 1 Pass Watch Special Mention Substandard C&I C&D Non-Owner Occ CRE / Other 1 C&I includes owner-occupied CRE. Source: FSB internal documents. Information is as of June 30, 2020. 30FSB Retail portfolio – 9.1% of loans HFI n Core business focuses primarily on local customers and Portfolio overview local projects 1 C&I n Focus on multiple sources of repayment (Primary, 18% Secondary and Tertiary) n 3 Non-Owner Occupied relationships over $10 million; largest loan is ~$34 million for an in-market regional mall at C&D 12% ~55% LTV with a mix of retail and restaurants and Dillard’s as the anchor tenant n Median C&I loan is $0.3 million; largest relationship is ~$6 million to an auto dealer Non-Owner Occ / Other CRE 70% Credit quality First deferral participants 95.2% $105 $12 $6 1.8% 1.6% 1.4% 1 Pass Watch Special Mention Substandard C&I C&D Non-Owner Occ CRE / Other 1 C&I includes owner-occupied CRE. Source: FSB internal documents. Information is as of June 30, 2020. 30

FSB Hotel portfolio – 5.1% of loans HFI n Focus on experience, flag, operator and location Outstanding by location n Portfolio is underwritten less than 65% LTV Other Middle TN 6% n Diversification within the portfolio and flag with greater than 65% being Business Class or Premium Flags Franklin 20% n Project exposure risk reduced based upon conservative hold levels Nashville 47% – Largest single exposure is $26 million – $68 million outstanding to 4 loans $13 million - $26 million in balances – Remaining $63 million spread between 34 properties Brentwood 27% n 23 deferral participants as of June 30th with $118 million outstanding based on June 30 balances Credit quality Outstanding by flag Other 10% 90.0% Best Western / Choice Hilton / Hyatt / IHG / Marriott / / Red Lion / Red Roof Wyndham 22% 68% 10.0% 0.0% 0.0% Pass Watch Special Mention Substandard Source: FSB internal documents. Information is as of June 30, 2020. 31FSB Hotel portfolio – 5.1% of loans HFI n Focus on experience, flag, operator and location Outstanding by location n Portfolio is underwritten less than 65% LTV Other Middle TN 6% n Diversification within the portfolio and flag with greater than 65% being Business Class or Premium Flags Franklin 20% n Project exposure risk reduced based upon conservative hold levels Nashville 47% – Largest single exposure is $26 million – $68 million outstanding to 4 loans $13 million - $26 million in balances – Remaining $63 million spread between 34 properties Brentwood 27% n 23 deferral participants as of June 30th with $118 million outstanding based on June 30 balances Credit quality Outstanding by flag Other 10% 90.0% Best Western / Choice Hilton / Hyatt / IHG / Marriott / / Red Lion / Red Roof Wyndham 22% 68% 10.0% 0.0% 0.0% Pass Watch Special Mention Substandard Source: FSB internal documents. Information is as of June 30, 2020. 31

FSB Restaurant – 2.8% of loans HFI n Over 50% of portfolio are for Fast-Casual/Sit Down Portfolio overview restaurants with local ownership and established operators n Focus on relationship banking including personal, business, depository and treasury relationships Non-Owner Occ / Other CRE n Primary customer is an experienced local operator 37% n Largest C&I loan is ~$10 million restaurant space housing multiple popular local Fast-Casual concepts, real estate secured 1 n Largest Non-Owner Occupied loan is ~$7 million to an C&I 63% experienced local developer with 3 fast food restaurants as the anchor tenants and 56% LTV n Median C&I loan size $0.3 million, median non-owner occupied size $1.6 million Credit quality First deferral participants 92.0% $40 $16 7.0% 0.8% $0 0.2% 1 Pass Watch Special Mention Substandard C&I C&D Non-Owner Occ CRE / Other 1 C&I includes owner-occupied CRE. Source: FSB internal documents. Information is as of June 30, 2020. 32FSB Restaurant – 2.8% of loans HFI n Over 50% of portfolio are for Fast-Casual/Sit Down Portfolio overview restaurants with local ownership and established operators n Focus on relationship banking including personal, business, depository and treasury relationships Non-Owner Occ / Other CRE n Primary customer is an experienced local operator 37% n Largest C&I loan is ~$10 million restaurant space housing multiple popular local Fast-Casual concepts, real estate secured 1 n Largest Non-Owner Occupied loan is ~$7 million to an C&I 63% experienced local developer with 3 fast food restaurants as the anchor tenants and 56% LTV n Median C&I loan size $0.3 million, median non-owner occupied size $1.6 million Credit quality First deferral participants 92.0% $40 $16 7.0% 0.8% $0 0.2% 1 Pass Watch Special Mention Substandard C&I C&D Non-Owner Occ CRE / Other 1 C&I includes owner-occupied CRE. Source: FSB internal documents. Information is as of June 30, 2020. 32

FSB Non-core portfolio - $358 million as of 2Q 2020 n The FSB “non-core” portfolio consists primarily of shared national credits and nationwide loans to private-equity backed companies, with a focus on healthcare n FSB management has been unwinding this portfolio since 2019. There was $430 million in the portfolio at December 31, 2019. $409 million as of March 31, 2020 and $358 million as of June 30, 2020 n This portfolio does not align with the combined company’s focus on in-market, relationship-based banking and is not part of the combined company’s future business strategy n With a dislocated secondary market for these relationships due to the COVID-19 impact on the economy, this book may remain on the combined company’s balance sheet longer than anticipated at transaction announcement, which was an immediate divestiture post-transaction close n A substantial mark will be taken on the remaining portfolio based on credit and liquidity conditions at closing, and the remainder will be moved from the combined company’s balance sheet as soon as is practicable Composition Loans criticized or worse Non-SNC SNC $28 $262 $64 $95 $198 $35 $60 $- Corporate Healthcare Corporate Healthcare 1 2 3 C&I includes owner-occupied CRE. Excludes owner-occupied CRE. Exclude HFS loans. Source: FSB internal documents. 33FSB Non-core portfolio - $358 million as of 2Q 2020 n The FSB “non-core” portfolio consists primarily of shared national credits and nationwide loans to private-equity backed companies, with a focus on healthcare n FSB management has been unwinding this portfolio since 2019. There was $430 million in the portfolio at December 31, 2019. $409 million as of March 31, 2020 and $358 million as of June 30, 2020 n This portfolio does not align with the combined company’s focus on in-market, relationship-based banking and is not part of the combined company’s future business strategy n With a dislocated secondary market for these relationships due to the COVID-19 impact on the economy, this book may remain on the combined company’s balance sheet longer than anticipated at transaction announcement, which was an immediate divestiture post-transaction close n A substantial mark will be taken on the remaining portfolio based on credit and liquidity conditions at closing, and the remainder will be moved from the combined company’s balance sheet as soon as is practicable Composition Loans criticized or worse Non-SNC SNC $28 $262 $64 $95 $198 $35 $60 $- Corporate Healthcare Corporate Healthcare 1 2 3 C&I includes owner-occupied CRE. Excludes owner-occupied CRE. Exclude HFS loans. Source: FSB internal documents. 33

Allowance for credit losses overview n Current Expected Credit Loss (CECL) Allowance for Credit Losses (ACL) model utilizes a blend of Moody’s economic scenarios from June 20, 2020, with resulting key economic data summarized below: FQE, FYE 12/31, 3Q 2020 4Q 2020 1Q 2021 2020 2021 2022 2023 GDP (bcw$) $ 18,243.7 $ 18,387.1 $ 18,533.1 $ 18,260.8 $ 18,919.8 $ 20,040.0 $ 20,830.4 Annualized % Change 19.8% 3.2% 3.2% (4.3%) 3.6% 5.9% 4.0% Total Employment (millions) 142.2 143.0 143.6 143.2 145.2 149.7 153.9 Unemployment Rate 9.0% 8.9% 8.7% 8.8% 8.0% 6.0% 4.4% CRE Price Index 248.975 243.6 243.475 243.6 269.35 308.4 340.425 NCREIF Property Index: Rate of Return (14.4%) 5.9% 1.2% (3.7%) 3.2% 4.4% 3.2% n Key changes to economic assumptions from the prior quarter include: – CRE Price Index declining: Current 2021 estimate of 269.4 compares to 284.7 in 1Q 2020 CECL model – Unemployment Rate increasing: Current 2021 estimate of 8.0% compares to 6.6% in 1Q 2020 CECL model ACL / loans HFI by category 4Q 2019 1Q 2020 2Q 2020 6.43% 3.91% 3.81% 3.30% 2.87% 2.56% 2.51% 2.52% 2.46% 2.48% 1.98% 1.95% 1.85% 1.75% 1.68% 1.17% 1.10% 0.83% 0.78% 0.71% 0.54% 0.50% 0.44% 0.34% Gross Loans HFI (Ex. Commercial & Non-Owner Occ CRE Construction Multifamily 1-4 Family Mortgage 1-4 Family HELOC Consumer & Other 3 2 PPP) Industrial 1 2 Source: Moody’s “June 2020 U.S. Macroeconomic Outlook Baseline and Alternative Scenarios Updated”. See “Use of non-GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of 3 non-GAAP measures. Commercial and Industrial includes $314.7 million in PPP loans, which haa a 17 bps impact on June 30, 2020 ACL / Loans HFI. Note: Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Data not shown pro forma for FSB acquisition. 34Allowance for credit losses overview n Current Expected Credit Loss (CECL) Allowance for Credit Losses (ACL) model utilizes a blend of Moody’s economic scenarios from June 20, 2020, with resulting key economic data summarized below: FQE, FYE 12/31, 3Q 2020 4Q 2020 1Q 2021 2020 2021 2022 2023 GDP (bcw$) $ 18,243.7 $ 18,387.1 $ 18,533.1 $ 18,260.8 $ 18,919.8 $ 20,040.0 $ 20,830.4 Annualized % Change 19.8% 3.2% 3.2% (4.3%) 3.6% 5.9% 4.0% Total Employment (millions) 142.2 143.0 143.6 143.2 145.2 149.7 153.9 Unemployment Rate 9.0% 8.9% 8.7% 8.8% 8.0% 6.0% 4.4% CRE Price Index 248.975 243.6 243.475 243.6 269.35 308.4 340.425 NCREIF Property Index: Rate of Return (14.4%) 5.9% 1.2% (3.7%) 3.2% 4.4% 3.2% n Key changes to economic assumptions from the prior quarter include: – CRE Price Index declining: Current 2021 estimate of 269.4 compares to 284.7 in 1Q 2020 CECL model – Unemployment Rate increasing: Current 2021 estimate of 8.0% compares to 6.6% in 1Q 2020 CECL model ACL / loans HFI by category 4Q 2019 1Q 2020 2Q 2020 6.43% 3.91% 3.81% 3.30% 2.87% 2.56% 2.51% 2.52% 2.46% 2.48% 1.98% 1.95% 1.85% 1.75% 1.68% 1.17% 1.10% 0.83% 0.78% 0.71% 0.54% 0.50% 0.44% 0.34% Gross Loans HFI (Ex. Commercial & Non-Owner Occ CRE Construction Multifamily 1-4 Family Mortgage 1-4 Family HELOC Consumer & Other 3 2 PPP) Industrial 1 2 Source: Moody’s “June 2020 U.S. Macroeconomic Outlook Baseline and Alternative Scenarios Updated”. See “Use of non-GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of 3 non-GAAP measures. Commercial and Industrial includes $314.7 million in PPP loans, which haa a 17 bps impact on June 30, 2020 ACL / Loans HFI. Note: Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Data not shown pro forma for FSB acquisition. 34

Asset quality remains solid Nonperforming ratios Classified loans ($mm) 1 1,2 NPLs (HFI)/loans (HFI) NPAs/assets $88 $80 $79 0.77% 0.71% 0.74% $74 0.73% $69 0.68% 0.62% 0.59% 0.60% 0.47% 0.43% 2Q19 3Q19 4Q19 1Q20 2Q20 2Q19 3Q19 4Q19 1Q20 2Q20 3 LLR/loans HFI (excluding PPP loans) Net charge-offs/average loans 2.51% 0.30% 1.95% 0.19% 0.72% 0.71% 0.70% 0.05% 0.05% 0.00% 2Q19 3Q19 4Q19 1Q20 2Q20 2Q19 3Q19 4Q19 1Q20 2Q20 ¹ Adoption of CECL resulted in approximately $5.5 million of former PCI loans being reportable as nonperforming loans in 1Q 2020. 2 Includes acquired excess land and facilities held for sale–see page 14 of the Quarterly Financial Supplement. 3 See “Use of non-GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of non-GAAP measures. Note: Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Data not shown pro forma for FSB acquisition. 35Asset quality remains solid Nonperforming ratios Classified loans ($mm) 1 1,2 NPLs (HFI)/loans (HFI) NPAs/assets $88 $80 $79 0.77% 0.71% 0.74% $74 0.73% $69 0.68% 0.62% 0.59% 0.60% 0.47% 0.43% 2Q19 3Q19 4Q19 1Q20 2Q20 2Q19 3Q19 4Q19 1Q20 2Q20 3 LLR/loans HFI (excluding PPP loans) Net charge-offs/average loans 2.51% 0.30% 1.95% 0.19% 0.72% 0.71% 0.70% 0.05% 0.05% 0.00% 2Q19 3Q19 4Q19 1Q20 2Q20 2Q19 3Q19 4Q19 1Q20 2Q20 ¹ Adoption of CECL resulted in approximately $5.5 million of former PCI loans being reportable as nonperforming loans in 1Q 2020. 2 Includes acquired excess land and facilities held for sale–see page 14 of the Quarterly Financial Supplement. 3 See “Use of non-GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of non-GAAP measures. Note: Loan, reserve and asset quality data is consistent between the bank level and consolidated level. Data not shown pro forma for FSB acquisition. 35

Core earnings power remains intact Adjusted pre-tax, pre-provision return on average assets¹ 2.72% 2.40% 2.34% 2.25% 2.15% 1.81% 2015 2016 2017 2018 2019 YTD 2020 Drivers of profitability 1 Loans/deposits Net interest margin Noninterest income ($mm) Core efficiency ratio Loans excluding HFS Loans HFS $145 101% $142 $135 95% 95% $131 88% 88% $124 15% 73.1% 4.66% 7% 6% 81% 7% 70.6% 19% 11% 4.46% 68.1% $92 4.34% 65.4% 65.8% 4.10% 60.9% 88% 89% 86% 3.97% 81% 70% 69% 3.70% 2015 2016 2017 2018 2019 2Q20 2015 2016 2017 2018 2019 YTD 2015 2016 2017 2018 2019 YTD 2015 2016 2017 2018 2019 YTD 2020 2020 2020 ¹ See “Use of non-GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of non-GAAP measures. Note: Financial data presented on a consolidated basis. Data not shown pro forma for FSB acquisition. 36Core earnings power remains intact Adjusted pre-tax, pre-provision return on average assets¹ 2.72% 2.40% 2.34% 2.25% 2.15% 1.81% 2015 2016 2017 2018 2019 YTD 2020 Drivers of profitability 1 Loans/deposits Net interest margin Noninterest income ($mm) Core efficiency ratio Loans excluding HFS Loans HFS $145 101% $142 $135 95% 95% $131 88% 88% $124 15% 73.1% 4.66% 7% 6% 81% 7% 70.6% 19% 11% 4.46% 68.1% $92 4.34% 65.4% 65.8% 4.10% 60.9% 88% 89% 86% 3.97% 81% 70% 69% 3.70% 2015 2016 2017 2018 2019 2Q20 2015 2016 2017 2018 2019 YTD 2015 2016 2017 2018 2019 YTD 2015 2016 2017 2018 2019 YTD 2020 2020 2020 ¹ See “Use of non-GAAP financial measures” and the Appendix hereto for a discussion and reconciliation of non-GAAP measures. Note: Financial data presented on a consolidated basis. Data not shown pro forma for FSB acquisition. 36

Mortgage operations overview Highlights Quarterly mortgage production Consumer Direct n Record total Mortgage pre-tax contribution of $33.6mm for 2Q 1Q20 2Q20 2Q19 Retail 2020 Wholesale n Mortgage sale margins continue to be elevated due to industry capacity constraints and low interest rates n Mortgage pipeline at the end of 2Q 2020 remains robust at $1.2 billion, as compared to $0.6 billion at the end of 2Q 2019 n Mortgage banking income $72.2mm, up 194.3% from 2Q 2019 IRLC volume: $1,820mm $2,094mm $2,239mm and 120.4% from 1Q 2020 1 IRLC pipeline : $609mm $1,085mm $1,206mm Refinance %: 49% 78% 80% n Mortgage structure allows team to capitalize on attractive rate Purchase %: 51% 22% 20% environments while weathering downturns Mortgage banking income ($mm) Mark to market value and gain on sale margin 2 2Q19 1Q20 2Q20 Mark to Market Value Gain on Sale Margin Gain on Sale $21.0 $30.4 $45.5 3.84% Fair value $3.3 $3.2 $34.8 changes 2.92% 2.88% 2.85% Servicing $4.0 $5.0 $5.1 2.29% 2.27% 2.22% 2.20% Revenue 1.67% 1.41% Fair value ($3.8) ($5.9) ($13.2) MSR changes Total $24.5 $32.7 $72.2 Income 2Q19 3Q19 4Q19 1Q20 2Q20 ¹ As of the respective period-end. ² Defined as pipeline net of hedge plus best efforts divided by hedge weighted volume. Note: Data not shown pro forma for FSB acquisition. 37Mortgage operations overview Highlights Quarterly mortgage production Consumer Direct n Record total Mortgage pre-tax contribution of $33.6mm for 2Q 1Q20 2Q20 2Q19 Retail 2020 Wholesale n Mortgage sale margins continue to be elevated due to industry capacity constraints and low interest rates n Mortgage pipeline at the end of 2Q 2020 remains robust at $1.2 billion, as compared to $0.6 billion at the end of 2Q 2019 n Mortgage banking income $72.2mm, up 194.3% from 2Q 2019 IRLC volume: $1,820mm $2,094mm $2,239mm and 120.4% from 1Q 2020 1 IRLC pipeline : $609mm $1,085mm $1,206mm Refinance %: 49% 78% 80% n Mortgage structure allows team to capitalize on attractive rate Purchase %: 51% 22% 20% environments while weathering downturns Mortgage banking income ($mm) Mark to market value and gain on sale margin 2 2Q19 1Q20 2Q20 Mark to Market Value Gain on Sale Margin Gain on Sale $21.0 $30.4 $45.5 3.84% Fair value $3.3 $3.2 $34.8 changes 2.92% 2.88% 2.85% Servicing $4.0 $5.0 $5.1 2.29% 2.27% 2.22% 2.20% Revenue 1.67% 1.41% Fair value ($3.8) ($5.9) ($13.2) MSR changes Total $24.5 $32.7 $72.2 Income 2Q19 3Q19 4Q19 1Q20 2Q20 ¹ As of the respective period-end. ² Defined as pipeline net of hedge plus best efforts divided by hedge weighted volume. Note: Data not shown pro forma for FSB acquisition. 37

M&A update: announced merger with Franklin Financial Network, Inc. January 21, 2020 Company overview Financial highlights as of 6/30/2020 ($mm) ■ Ticker: FSB (NYSE) Assets $ 3,776 Gross loans held for investment 2,795 ■ Headquarters: Franklin, Tennessee Deposits 3,143 ■ Franchise highlights: Loan-to-deposit ratio 88.9 ̶ Top community bank in highly attractive Williamson and 1 2Q 2020 Core efficiency ratio 56.5 Rutherford counties NPAs / Assets 0.65 ̶ Relationship oriented with local decision making 1 TCE / TA 10.7 ̶ Seasoned team of local bankers—averaging ~20 years CET1 12.5 of experience Leading position in Williamson and Rutherford counties within the Nashville MSA Deposit Deposits Market Presence in Nashville MSA Institution Instiution Rank ($mm) Share Branches Market demographics PF FirstBank / Franklin 1 $2,746 26.6% 12 ü 11.8% 5-year Franklin 1 2,547 24.6% 8 2 deposit CAGR Bank of America 2 1,139 11.0% 4 ü $133k proj. median HHI First Horizon 3 923 8.9% 10 ü 2.3% median HHI proj. Regions 4 906 8.8% 9 CAGR Reliant 5 879 8.5% 6 Pinnacle 1 $1,122 23.4% 8 ü 9.2% 5-year PF FirstBank / Franklin 2 716 14.9% 9 2 deposit CAGR First Horizon 2 576 12.0% 7 ü $87k proj. median HHI Truist 3 539 11.3% 6 ü 3.0% median HHI proj. Regions 4 525 11.0% 9 CAGR Franklin branch Franklin 5 504 10.5% 6 ¹ Non-GAAP financial measure; see “use of non-GAAP financial measures” and “Reconciliation of non-GAAP financial measures” included in the Appendix hereto. ² CAGR shown with a deposit cap of $1bn. Source: SNL Financial, FactSet, FSB earnings release. Note: Financial data as of June 30, 2020. 38 Rutherford WilliamsonM&A update: announced merger with Franklin Financial Network, Inc. January 21, 2020 Company overview Financial highlights as of 6/30/2020 ($mm) ■ Ticker: FSB (NYSE) Assets $ 3,776 Gross loans held for investment 2,795 ■ Headquarters: Franklin, Tennessee Deposits 3,143 ■ Franchise highlights: Loan-to-deposit ratio 88.9 ̶ Top community bank in highly attractive Williamson and 1 2Q 2020 Core efficiency ratio 56.5 Rutherford counties NPAs / Assets 0.65 ̶ Relationship oriented with local decision making 1 TCE / TA 10.7 ̶ Seasoned team of local bankers—averaging ~20 years CET1 12.5 of experience Leading position in Williamson and Rutherford counties within the Nashville MSA Deposit Deposits Market Presence in Nashville MSA Institution Instiution Rank ($mm) Share Branches Market demographics PF FirstBank / Franklin 1 $2,746 26.6% 12 ü 11.8% 5-year Franklin 1 2,547 24.6% 8 2 deposit CAGR Bank of America 2 1,139 11.0% 4 ü $133k proj. median HHI First Horizon 3 923 8.9% 10 ü 2.3% median HHI proj. Regions 4 906 8.8% 9 CAGR Reliant 5 879 8.5% 6 Pinnacle 1 $1,122 23.4% 8 ü 9.2% 5-year PF FirstBank / Franklin 2 716 14.9% 9 2 deposit CAGR First Horizon 2 576 12.0% 7 ü $87k proj. median HHI Truist 3 539 11.3% 6 ü 3.0% median HHI proj. Regions 4 525 11.0% 9 CAGR Franklin branch Franklin 5 504 10.5% 6 ¹ Non-GAAP financial measure; see “use of non-GAAP financial measures” and “Reconciliation of non-GAAP financial measures” included in the Appendix hereto. ² CAGR shown with a deposit cap of $1bn. Source: SNL Financial, FactSet, FSB earnings release. Note: Financial data as of June 30, 2020. 38 Rutherford Williamson

1 Pro forma loan composition as of June 30, 2020 2 FirstBank Franklin Synergy Bank Pro Forma Other Other Other Consumer Consumer Consumer 0% 2% 1% 0% 3% 5% 1-4 Family 1-4 Family 1-4 Family 20% 21% 22% NOO RE NOO RE NOO RE 25% 21% 19% Multifam. Multifam. Multifam. 2% 2% 2% $4.8bn $2.8bn $7.6bn C&D C&D 12% C&D C&I³ 16% C&I³ 23% C&I³ 28% 36% 40% Balance % of Franklin Synergy Balance % of Balance % of 3 FirstBank ($mm) Loans Bank ($mm) Loans Pro Forma ($mm) Loans 1-4 Family $979 20% 1-4 Family $612 22% 1-4 Family $1,590 21% Multifamily 115 2% Multifamily 45 2% Multifamily 161 2% C&I³ 1,927 40% C&I³ 790 28% C&I³ 2,717 36% C&D 554 12% C&D 645 23% C&D 1,199 16% Non-Owner Occ. RE 923 19% Non-Owner Occ. RE 700 25% Non-Owner Occ. RE 1,623 21% Consumer 231 5% Consumer 3 0% Consumer 234 3% Other 98 2% Other 0 0% Other 98 1% Total $4,827 100% Total $2,795 100% Total $7,622 100% 1 2 3 Based on regulatory loan classifications for loans held for investment as of June 30, 2020. Simple summation of balances as of June 30, 2020; does not take into account potential impact of purchase accounting. C&I includes owner-occupied CRE. Source: Franklin Synergy Bank call report. 391 Pro forma loan composition as of June 30, 2020 2 FirstBank Franklin Synergy Bank Pro Forma Other Other Other Consumer Consumer Consumer 0% 2% 1% 0% 3% 5% 1-4 Family 1-4 Family 1-4 Family 20% 21% 22% NOO RE NOO RE NOO RE 25% 21% 19% Multifam. Multifam. Multifam. 2% 2% 2% $4.8bn $2.8bn $7.6bn C&D C&D 12% C&D C&I³ 16% C&I³ 23% C&I³ 28% 36% 40% Balance % of Franklin Synergy Balance % of Balance % of 3 FirstBank ($mm) Loans Bank ($mm) Loans Pro Forma ($mm) Loans 1-4 Family $979 20% 1-4 Family $612 22% 1-4 Family $1,590 21% Multifamily 115 2% Multifamily 45 2% Multifamily 161 2% C&I³ 1,927 40% C&I³ 790 28% C&I³ 2,717 36% C&D 554 12% C&D 645 23% C&D 1,199 16% Non-Owner Occ. RE 923 19% Non-Owner Occ. RE 700 25% Non-Owner Occ. RE 1,623 21% Consumer 231 5% Consumer 3 0% Consumer 234 3% Other 98 2% Other 0 0% Other 98 1% Total $4,827 100% Total $2,795 100% Total $7,622 100% 1 2 3 Based on regulatory loan classifications for loans held for investment as of June 30, 2020. Simple summation of balances as of June 30, 2020; does not take into account potential impact of purchase accounting. C&I includes owner-occupied CRE. Source: Franklin Synergy Bank call report. 39

1 Pro forma deposit composition as of June 30, 2020 FirstBank Franklin Synergy Bank Pro Forma Time > 250K Time > 250K Non-Interest Time > 250K 5% 4% Bearing 6% Non-Interest Time < 250K Non-Interest Time < 250K 15% Bearing Bearing 6% 5% 25% Time < 250K 30% 14% Transaction 7% $6.0bn $3.1bn $9.1bn Transaction 10% MMDA & Transaction MMDA & MMDA & Savings 12% Savings 54% Savings 38% 69% Balance % of Franklin Synergy Balance % of Balance % of 2 FirstBank ($mm) Deposits Bank ($mm) Deposits Pro Forma ($mm) Deposits Non-Interest Bearing $1,776 30% Non-Interest Bearing $484 15% Non-Interest Bearing $2,260 25% Transaction 692 12% Transaction 1,256 40% Transaction 1,948 21% MMDA & Savings 2,294 39% MMDA & Savings 907 29% MMDA & Savings 3,201 35% Time < $250K 860 14% Time < $250K 371 12% Time < $250K 1,231 14% Time > $250K 331 6% Time > $250K 126 4% Time > $250K 457 5% Total $5,953 100% Total $3,144 100% Total $9,097 100% 1 2 Represents bank level deposit composition as of June 30, 2020. Simple summation of balances as of June 30, 2020; does not take into account potential impact of purchase accounting. Source: Franklin Synergy Bank call report. 401 Pro forma deposit composition as of June 30, 2020 FirstBank Franklin Synergy Bank Pro Forma Time > 250K Time > 250K Non-Interest Time > 250K 5% 4% Bearing 6% Non-Interest Time < 250K Non-Interest Time < 250K 15% Bearing Bearing 6% 5% 25% Time < 250K 30% 14% Transaction 7% $6.0bn $3.1bn $9.1bn Transaction 10% MMDA & Transaction MMDA & MMDA & Savings 12% Savings 54% Savings 38% 69% Balance % of Franklin Synergy Balance % of Balance % of 2 FirstBank ($mm) Deposits Bank ($mm) Deposits Pro Forma ($mm) Deposits Non-Interest Bearing $1,776 30% Non-Interest Bearing $484 15% Non-Interest Bearing $2,260 25% Transaction 692 12% Transaction 1,256 40% Transaction 1,948 21% MMDA & Savings 2,294 39% MMDA & Savings 907 29% MMDA & Savings 3,201 35% Time < $250K 860 14% Time < $250K 371 12% Time < $250K 1,231 14% Time > $250K 331 6% Time > $250K 126 4% Time > $250K 457 5% Total $5,953 100% Total $3,144 100% Total $9,097 100% 1 2 Represents bank level deposit composition as of June 30, 2020. Simple summation of balances as of June 30, 2020; does not take into account potential impact of purchase accounting. Source: Franklin Synergy Bank call report. 40

Interest rate sensitivity • The following table summarizes the forecasted impact on net interest income using a base case scenario given an immediate change in interest rates as the specified levels based on forecasted assumptions of prepayment speeds, nominal interest rates and loan and deposit repricing rates • Estimates are based on current economic conditions, historical interest rate cycles and other factors deemed to be relevant Net Interest Income Impact Interest Rate Scenario Year 1 Year 2 + 400bps 48.7% 64.8% + 300bps 36.4% 48.2% + 200bps 24.2% 32.3% + 100bps 12.2% 16.2% Flat -- -- - 100bps (12.2%) (18.6%) Note: As of June 30, 2020. Data not shown pro forma for FSB acquisition. 41Interest rate sensitivity • The following table summarizes the forecasted impact on net interest income using a base case scenario given an immediate change in interest rates as the specified levels based on forecasted assumptions of prepayment speeds, nominal interest rates and loan and deposit repricing rates • Estimates are based on current economic conditions, historical interest rate cycles and other factors deemed to be relevant Net Interest Income Impact Interest Rate Scenario Year 1 Year 2 + 400bps 48.7% 64.8% + 300bps 36.4% 48.2% + 200bps 24.2% 32.3% + 100bps 12.2% 16.2% Flat -- -- - 100bps (12.2%) (18.6%) Note: As of June 30, 2020. Data not shown pro forma for FSB acquisition. 41

Pro forma double leverage and interest coverage Dollars in thousands Calculation of Double Leverage For the Year Ended December 31, For the Quarter Ended Pro Forma 1,2 2017 2018 2019 6/30/2020 6/30/2020 Bank Equity $595,625 $679,097 $782,565 $843,591 $1,243,579 Consolidated Equity $596,729 $671,857 $762,329 $805,216 $1,165,204 Double Leverage Ratio 99.8% 101.1% 102.7% 104.8% 106.7% Calculation of Interest Coverage (Consolidated Basis) For the Year Ended December 31, For the LTM Ended Pro Forma 2 2017 2018 2019 6/30/2020 6/30/2020 Total Deposit Interest 13,031 29,536 51,568 47,702 47,702 Subordinated Debt - New Issuance Interest 0 0 0 0 3,750 Other Borrowing Interest 3,311 5,967 4,933 4,881 4,881 Total Interest Expense 16,342 35,503 56,501 52,583 56,333 Pre-Tax Income 73,485 105,854 109,539 90,127 86,377 Interest Coverage (including deposit expense) 5.5x 4.0x 2.9x 2.7x 2.5x Interest Coverage (excluding deposit expense) 23.2x 18.7x 23.2x 19.5x 11.0x 3 Pre-Tax Income, Adjusted 92,519 107,697 116,919 98,730 94,980 Interest Coverage (including deposit expense) 6.7x 4.0x 3.1x 2.9x 2.7x Interest Coverage (excluding deposit expense) 28.9x 19.0x 24.7x 21.2x 12.0x 4 Bank Level Interest Coverage Ratios Interest Coverage (including deposit expense) 6.2x 4.2x 3.0x 2.8x 2.6x Interest Coverage (excluding deposit expense) 43.4x 26.4x 35.0x 31.2x 14.1x 1 2 Pro forma for the recently completed Franklin Financial Network merger including purchase accounting adjustments; Pro forma for the proposed $75 million bank level subordinated debt offering assuming a 3 placement fee of 1.50%, fixed offering costs of $350 thousand, risk-weighting of assets of 20% and an assumed coupon of 5.00%; Excludes certain expenses identified in Appendix - Reconciliation of non-GAAP 4 financial measures; Based on reported bank level pre-tax income and bank level interest expense, and does not take into account adjustments for non-recurring expenses. Source: FSB earnings release. 42Pro forma double leverage and interest coverage Dollars in thousands Calculation of Double Leverage For the Year Ended December 31, For the Quarter Ended Pro Forma 1,2 2017 2018 2019 6/30/2020 6/30/2020 Bank Equity $595,625 $679,097 $782,565 $843,591 $1,243,579 Consolidated Equity $596,729 $671,857 $762,329 $805,216 $1,165,204 Double Leverage Ratio 99.8% 101.1% 102.7% 104.8% 106.7% Calculation of Interest Coverage (Consolidated Basis) For the Year Ended December 31, For the LTM Ended Pro Forma 2 2017 2018 2019 6/30/2020 6/30/2020 Total Deposit Interest 13,031 29,536 51,568 47,702 47,702 Subordinated Debt - New Issuance Interest 0 0 0 0 3,750 Other Borrowing Interest 3,311 5,967 4,933 4,881 4,881 Total Interest Expense 16,342 35,503 56,501 52,583 56,333 Pre-Tax Income 73,485 105,854 109,539 90,127 86,377 Interest Coverage (including deposit expense) 5.5x 4.0x 2.9x 2.7x 2.5x Interest Coverage (excluding deposit expense) 23.2x 18.7x 23.2x 19.5x 11.0x 3 Pre-Tax Income, Adjusted 92,519 107,697 116,919 98,730 94,980 Interest Coverage (including deposit expense) 6.7x 4.0x 3.1x 2.9x 2.7x Interest Coverage (excluding deposit expense) 28.9x 19.0x 24.7x 21.2x 12.0x 4 Bank Level Interest Coverage Ratios Interest Coverage (including deposit expense) 6.2x 4.2x 3.0x 2.8x 2.6x Interest Coverage (excluding deposit expense) 43.4x 26.4x 35.0x 31.2x 14.1x 1 2 Pro forma for the recently completed Franklin Financial Network merger including purchase accounting adjustments; Pro forma for the proposed $75 million bank level subordinated debt offering assuming a 3 placement fee of 1.50%, fixed offering costs of $350 thousand, risk-weighting of assets of 20% and an assumed coupon of 5.00%; Excludes certain expenses identified in Appendix - Reconciliation of non-GAAP 4 financial measures; Based on reported bank level pre-tax income and bank level interest expense, and does not take into account adjustments for non-recurring expenses. Source: FSB earnings release. 42

Contact information Corporate headquarters Contact information • 211 Commerce Street • Christopher T. Holmes President, CEO & Director Suite 300 cholmes@firstbankonline.com Nashville, TN 37201 (615) 313-0494 • (615) 313-0080 • Michael M. Mettee Interim Chief Financial Officer • www.firstbankonline.com mmettee@firstbankonline.com (615) 435-0952 • Robert Hoehn Vice President & Director of Corporate Finance rhoehn@firstbankonline.com (615) 953-4589 43Contact information Corporate headquarters Contact information • 211 Commerce Street • Christopher T. Holmes President, CEO & Director Suite 300 cholmes@firstbankonline.com Nashville, TN 37201 (615) 313-0494 • (615) 313-0080 • Michael M. Mettee Interim Chief Financial Officer • www.firstbankonline.com mmettee@firstbankonline.com (615) 435-0952 • Robert Hoehn Vice President & Director of Corporate Finance rhoehn@firstbankonline.com (615) 953-4589 43

Appendix 44Appendix 44

Reconciliation of non-GAAP financial measures Adjusted diluted earnings per share 45Reconciliation of non-GAAP financial measures Adjusted diluted earnings per share 45

Reconciliation of non-GAAP financial measures 1 Adjusted pro forma net income and diluted earnings per share Adjusted pre-tax, pre-provision earnings 1 2016 includes loss on sale of mortgage servicing rights, impairment of mortgage servicing rights, gain on sales or write-downs of other real estate owned and other assets and gain on sale of securities; 2015 includes bargain 2 purchase gain and gain from securities; The Company terminated its S-Corporation status and became a taxable corporate entity (“C Corporation”) on September 16, 2016 in connection with its initial public offering. Pro forma amounts for income tax expense, adjusted, and diluted earnings per share, adjusted, have been presented assuming the Company’s pro forma effective tax rate of 36.75% and 35.08% for the years ended December 31, 2016 and 2015, respectively, and also includes the exclusion of a one-time tax change from C Corp conversion in 3Q 2016 and the 4Q 2017 benefit from the 2017 Tax Cuts and Jobs Act. 2019 and 2018 use a marginal tax rate on adjustments of 26.06%; 2017 uses a marginal tax rate on adjustments of 39.23%. 46Reconciliation of non-GAAP financial measures 1 Adjusted pro forma net income and diluted earnings per share Adjusted pre-tax, pre-provision earnings 1 2016 includes loss on sale of mortgage servicing rights, impairment of mortgage servicing rights, gain on sales or write-downs of other real estate owned and other assets and gain on sale of securities; 2015 includes bargain 2 purchase gain and gain from securities; The Company terminated its S-Corporation status and became a taxable corporate entity (“C Corporation”) on September 16, 2016 in connection with its initial public offering. Pro forma amounts for income tax expense, adjusted, and diluted earnings per share, adjusted, have been presented assuming the Company’s pro forma effective tax rate of 36.75% and 35.08% for the years ended December 31, 2016 and 2015, respectively, and also includes the exclusion of a one-time tax change from C Corp conversion in 3Q 2016 and the 4Q 2017 benefit from the 2017 Tax Cuts and Jobs Act. 2019 and 2018 use a marginal tax rate on adjustments of 26.06%; 2017 uses a marginal tax rate on adjustments of 39.23%. 46

Reconciliation of non-GAAP financial measures (cont’d) Tax-equivalent core efficiency ratio 1 Efficiency ratio (GAAP) is calculated by dividing non-interest expense by total revenue. 47Reconciliation of non-GAAP financial measures (cont’d) Tax-equivalent core efficiency ratio 1 Efficiency ratio (GAAP) is calculated by dividing non-interest expense by total revenue. 47

Reconciliation of non-GAAP financial measures (cont’d) FSB core efficiency ratio 2020 (Dollars in thousands) Second Quarter Core efficiency ratio Total noninterest expense $ 23,976 Less one-time expenses (2,117) Core noninterest expense 21,859 Total interest income 39,814 Interest income - PPP loans (140) Amortization loan fees - PPP loans (1,491) Core interest income $ 38,183 Interest expense 10,286 Core net interest income 27,897 Total noninterest income 10,555 Less one-time (gains) / losses 207 Core noninterest income 10,762 Core revenue $ 38,659 1 Efficiency ratio (GAAP) 59.8 % Core efficiency ratio 56.5 % 1 Efficiency ratio (GAAP) is calculated by dividing non-interest expense by total revenue. 48Reconciliation of non-GAAP financial measures (cont’d) FSB core efficiency ratio 2020 (Dollars in thousands) Second Quarter Core efficiency ratio Total noninterest expense $ 23,976 Less one-time expenses (2,117) Core noninterest expense 21,859 Total interest income 39,814 Interest income - PPP loans (140) Amortization loan fees - PPP loans (1,491) Core interest income $ 38,183 Interest expense 10,286 Core net interest income 27,897 Total noninterest income 10,555 Less one-time (gains) / losses 207 Core noninterest income 10,762 Core revenue $ 38,659 1 Efficiency ratio (GAAP) 59.8 % Core efficiency ratio 56.5 % 1 Efficiency ratio (GAAP) is calculated by dividing non-interest expense by total revenue. 48

Reconciliation of non-GAAP financial measures (cont’d) Segment tax-equivalent core efficiency ratios 1 Includes mortgage segment other noninterest mortgage banking expense, depreciation, loss on sale of mortgage servicing rights and amortization and impairment of mortgage servicing rights. 49Reconciliation of non-GAAP financial measures (cont’d) Segment tax-equivalent core efficiency ratios 1 Includes mortgage segment other noninterest mortgage banking expense, depreciation, loss on sale of mortgage servicing rights and amortization and impairment of mortgage servicing rights. 49

Reconciliation of non-GAAP financial measures (cont’d) Tangible book value per common share and tangible common equity to tangible assets 50Reconciliation of non-GAAP financial measures (cont’d) Tangible book value per common share and tangible common equity to tangible assets 50

Reconciliation of non-GAAP financial measures (cont’d) Adjusted pro forma return on average tangible common equity Adjusted pre-tax, pre-provision, return on average tangible common equity 51Reconciliation of non-GAAP financial measures (cont’d) Adjusted pro forma return on average tangible common equity Adjusted pre-tax, pre-provision, return on average tangible common equity 51

Reconciliation of non-GAAP financial measures (cont’d) Adjusted return on average assets and equity Adjusted pre-tax, pre-provision return on average assets and equity 52Reconciliation of non-GAAP financial measures (cont’d) Adjusted return on average assets and equity Adjusted pre-tax, pre-provision return on average assets and equity 52

Reconciliation of non-GAAP financial measures (cont’d) Adjusted pro forma return on average assets and equity Adjusted pro forma pre-tax, pre-provision return on average assets and equity 53Reconciliation of non-GAAP financial measures (cont’d) Adjusted pro forma return on average assets and equity Adjusted pro forma pre-tax, pre-provision return on average assets and equity 53

Reconciliation of non-GAAP financial measures (cont’d) Adjusted allowance for credit losses to loans held for investment 54Reconciliation of non-GAAP financial measures (cont’d) Adjusted allowance for credit losses to loans held for investment 54