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Investor Presentation | Fourth Quarter 2025 Investor PresentationFourth Quarter 2025Richard P . Smith, President & Chief Executive OfficerDaniel K. Bailey, EVP & Chief Banking OfficerPeter G. Wiese, EVP & Chief Financial Officer
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Investor Presentation | Fourth Quarter 20252 Safe Harbor StatementThe statements contained herein that are not historical facts are forward-looking statements based on management’s current expectations and beliefs concerning futuredevelopments and their potential effects on us. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond ourcontrol. We caution readers that a number of important factors could cause actual results to differ materially from those expressed in, or implied or projected by, such forward-looking statements. These risks and uncertainties include, but are not limited to, the following: macroeconomic, geopolitical, and other challenges and uncertainties, includingthose related to actual or potential policies and actions from the U.S. administration, such as tariffs and reciprocal actions by other countries or regions and their ultimateimpact on us, our customers, financial markets, and the overall U.S. and global economies; the uncertainty of rapidly evolving and changing U.S. trade policies and practices;inflation/deflation, interest rate, market and monetary fluctuations/volatility; increases in unemployment rates; slowing economic growth or recession in the U.S. and othercountries or regions; the impact of any future federal government shutdown and uncertainty regarding the federal government’s debt limit; the impact of changes in financialservices industry policies, laws and regulations; regulatory restrictions or adverse regulatory findings affecting our ability to successfully market and price our products toconsumers; systemic or non-systemic bank failures or crises and any related impact on depositor behavior or investor sentiment; the impacts of international hostilities, wars,terrorism or geopolitical events; risks related to the sufficiency of liquidity, including our ability to attract and maintain deposits; the risks related to the development,implementation, use and management of emerging technologies, including artificial intelligence and machine learning; extreme weather, natural disasters and othercatastrophic events and their effects on our customers and the economic and business environments in which we operate; current and future economic and market conditionsof the local economies in which we conduct operations; declines in housing and commercial real estate prices and changes in the financial performance and/or condition of ourborrowers; the market value of our investment securities and possible other-than-temporary impairment of securities held by us due to changes in credit quality or rates; theavailability of, and cost of, sources of funding and the demand for our products; the possibility that our recorded goodwill could become impaired, which may have an adverseimpact on our earnings and capital; the costs or effects of mergers, acquisitions or dispositions we may make, as well as whether we are able to obtain any requiredgovernmental approvals in connection with any such activities, or identify and complete favorable transactions in the future, and/or realize the anticipated financial andbusiness benefits; the volatility of the stock market and its impact on our stock price and our ability to conduct acquisitions; the regulatory and financial impacts associatedwith exceeding $10 billion in total assets; the ability to execute our business plan in new markets; our future operating or financial performance, including our outlook for futuregrowth and our ability to control expenses; changes in the level and direction of our nonperforming assets and charge-offs and the appropriateness of the allowance for creditlosses; the effectiveness of us managing the mix of earning assets and in improving, resolving or liquidating lower-quality assets; changes in accounting standards andpractices; changes in consumer spending, borrowing and savings habits; the effects of changes in the level or cost of checking or savings account deposits on our funding costsand net interest margin; the impact of alternative currencies such as stablecoin and other cryptocurrencies on our ability to attract deposits; increasing noninterest expenseand its impact on our financial performance; competition and innovation with respect to financial products and services by banks, financial institutions and non-traditionalcompetitors including retail businesses and technology companies; potential changes to loss allocations between financial institutions and customers, including for lossesincurred from the use of our products and services, including electronic payments and payment of checks, that were authorized by the customer but induced by fraud; thechallenges of attracting, integrating and retaining key employees; the impact of the 2023 cyber security ransomware incident, including the pending litigation, on our operationsand reputation; the vulnerability of our operational or security systems or infrastructure, the systems of third- and fourth-party vendors or other service providers with whom wecontract, and our customers to unauthorized access, computer viruses, phishing schemes, spam attacks, human error, natural disasters, power loss and data/securitybreaches and the cost to defend against and respond to such incidents; increased data security risks due to work from home arrangements and email vulnerability; failure tosafeguard personal information, and any resulting litigation; the effect of a fall in stock market prices on our brokerage and wealth management businesses; the effectiveness ofour risk management framework and quantitative models; the emergence or continuation of widespread health emergencies or pandemics; potential judgments, orders,settlements, penalties, fines and reputational damage resulting from pending or future litigation and regulatory investigations, proceedings and enforcement actions; and ourability to manage the risks involved in the foregoing. There can be no assurance that future developments affecting us will be the same as those anticipated by management.Additional factors that could cause results to differ materially from those described above can be found in our filings with the U.S. Securities and Exchange Commission,including without limitation the “Risk Factors” Section of TriCo’s Annual Report on Form 10-K for the year ended December 31, 2024, Such filings are also available in the“Investor Relations” section of our website,https://www.tcbk.com/investor-relations. Annualized, pro forma, projections and estimates are not forecasts and may not reflectactual results. We undertake no obligation (and expressly disclaim any such obligation) to update or alter our forward-looking statements, whether as a result of newinformation, future events, or otherwise, except as required by law.
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Investor Presentation | Fourth Quarter 20253 Executive Team Greg GehlmannSVP General Counsel Craig CarneyEVPChief Credit Officer Rick SmithPresident & Chief Executive Officer Dan BaileyEVP Chief Banking Officer Angela RuddSVP Chief Risk Officer Jason LevingstonSVP Chief Information Officer Peter WieseEVP Chief Financial OfficerBret FunderburghSVP Deputy Chief Credit Officer Scott RobertsonSVP Chief Community Banking Officer Scott MyersSVP Head of Wholesale Banking Kristen DominguezSVP Chief Human Resources Officer
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Investor Presentation | Fourth Quarter 20254 Most Recent Quarter HighlightsPre-tax pre-provision ROAA and ROAE were 1.98% and 14.8%, respectively, for the quarter ended December 31, 2025, and 1.66% and 13.0%, respectively, for the same quarter in the prior year.Our efficiency ratio was 54.7% for the quarter ended December 31, 2025, compared to 56.2% for the trailing quarter end and 59.6% for the quarter ended December 31, 2024.Operating Leverage and ProfitabilityNet interest income (FTE) grew 3.0% or $2.7 million to $92.5 million compared to $89.8 million in the trailing quarter and by 9.6% or $8.1 million compared to $84.4 million in the same quarter of the prior year. Net interest margin (FTE) of 4.02% compared favorably to both 3.92% in the prior quarter and 3.76% from the quarter ended December 31, 2024.Average yield on earning assets (FTE) of 5.23%, was an increase of 1 basis point over the 5.22% in the quarter ended December 31, 2024, but slightly lower than the 5.25% in the quarter ended September 30, 2025.Cost of interest-bearing liabilities was 1.90%, 15 basis points lower than the trailing quarter, and a 37 basis points decrease from the 2.27% for the quarter ended December 31, 2025.The Company’s average cost of total deposits of 1.29% was 10 basis points lower than the trailing quarter, and 17 basis points lower than the quarter ended December 31, 2025.Net Interest Income and MarginLoan balances increased $104.3 million or 6.0% (annualized) from the trailing quarter.Deposit balances decreased $70.6 million or 3.4% (annualized) from the trailing quarter, which is consistent with one-way sale of deposits totaling $72.9 million as of December 31, 2025.Loan to deposit ratio was 86.1% for the current quarter, as compared to 83.7% at December 31, 2024.Balance Sheet ManagementNo reliance on brokered deposits or FRB borrowing facilities during 2025 or 2024Average non-interest-bearing deposits comprised 31.4% of average total deposits for the quarter, up from 30.5% in the prior quarterApproximately a 50/50 split between consumer and business deposit dollars reflects a diversified client base.Diverse Deposit Base& LiquidityThe allowance for credit losses to total loans was 1.77% at December 31, 2025, compared to 1.85% at December 31, 2024, as overall credit trends in the portfolio continued to improve.TCBK has a long history of proactive conservative risk grading and we believe that sufficient coverage has been established for potential economic factors in credit riskApproximately 63.6% of total non-accrual loans were paid current as of December 31, 2025Credit QualityAll regulatory capital ratios remain well above required thresholds.A new share repurchase program was approved by the board with 2,000,000 shares authorized for repurchaseTangible capital ratio of 10.7% at December 31, 2025, an increase from 10.4% at September 30, 2025, and 9.7% at December 31, 2024.Capital Strategies
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Investor Presentation | Fourth Quarter 20255 Company OverviewNasdaq:TCBKHeadquarters:Chico, CaliforniaStock Price*:$47.37Market Cap.:$1.53 BillionAsset Size:$9.82 BillionLoans:$7.11 BillionDeposits:$8.26 BillionBank Branches:68ATMs:83 Bank ATMs, with access to ~ 40,000 in networkMarket Area:TriCo currently serves 31 counties throughout California* As of close of business December 31, 2025
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Investor Presentation | Fourth Quarter 20256 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25PPNR ($MM)$37.3 $40.9 $38.9 $37.5 $39.6 $36.6 $45.2 $55.3 $55.3 $53.2 $43.1 $46.2 $42.4 $42.0 $39.5 $39.6 $40.6 $39.0 $42.5 $47.1 $49.6 Net Income ($MM)$23.6 $33.6 $28.4 $27.4 $28.2 $20.4 $31.4 $37.3 $36.3 $35.8 $24.9 $30.6 $26.1 $27.7 $29.0 $29.1 $29.0 $26.4 $27.5 $34.0 $33.6Qtrly Diluted EPS$0.79 $1.13 $0.95 $0.92 $0.94 $0.67 $0.93 $1.12 $1.09 $1.07 $0.75 $0.92 $0.78 $0.83 $0.87 $0.88 $0.88 $0.80 $0.84 $1.04 $1.03$0.00$0.20$0.40$0.60$0.80$1.00$1.20 $0$10$20$30$40$50$60 Qtrly EPS (diluted) Earnings (in Millions) Consistent Earnings Track RecordMarch 2022Acquired Valley Republic Bancorp($1.4B assets)
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Investor Presentation | Fourth Quarter 20257 $0.74 $0.53 $1.13 $0.67 $1.07 $0.83 $0.80 $0.75 $0.25 $0.95 $0.93 $0.75 $0.87 $0.84 $0.76 $0.59 $0.92 $1.12 $0.92 $0.88 $1.04 $0.79 $0.94 $1.09 $0.78 $0.88 $1.03 $3.00 $2.16 $3.94 $3.83 $3.52 $3.46 $3.71 $0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.50$4.00$4.50$5.002019 2020 2021 2022 2023 2024 2025 Q1 Q2 Q3 Q4 27%41%25%29%34%38%37%2019 2020 2021 2022 2023 2024 2025 10.49%7.18%12.10%11.67%10.65%9.57%9.45%2019 2020 2021 2022 2023 2024 2025 $0.19 $0.22 $0.25 $0.25 $0.30 $0.33 $0.33 $0.19 $0.22 $0.25 $0.25 $0.30 $0.33 $0.33 $0.22 $0.22 $0.25 $0.30 $0.30 $0.33 $0.36 $0.22 $0.22 $0.25 $0.30 $0.30 $0.33 $0.36 $0.82 $0.88 $1.00 $1.10 $1.20 $1.32 $1.38 $0.00$0.25$0.50$0.75$1.00$1.252019 2020 2021 2022 2023 2024 2025 Q1 Q2 Q3 Q4Shareholder ReturnsDividends per Share: 10% CAGR*Dividends as % of EarningsReturn on Avg. Shareholder EquityDiluted EPS*Compound Annual Growth Rate, 10 years2025 values through the twelve months ended 12/31/2025
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Investor Presentation | Fourth Quarter 2025 Deposits 8
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Investor Presentation | Fourth Quarter 2025942.0 40.3 38.0 35.7 34.8 32.6 31.8 31.7 31.5 30.9 30.6 30.5 31.4 0102030402022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q4Non Interest-bearing Deposits as % of Total DepositsTCBKPeers76.5 79.5 80.4 84.0 87.7 87.7 86.6 86.5 87.2 86.5 86.5 87.5 89.7 0204060801001202022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q4Loans to Core Deposits (%)TCBKPeersLiability Mix: Strength in Funding Total Deposits = $8.26 billion 99.4% of Funding Liabilities Liability Mix 12/31/2025 Peer group consists of 99 closest peers in terms of total assets, range $6.3 to 13.3 Billion; source: BankRegData.comNet Loans includes LHFS and Allowance for Credit Loss; Core Deposits = Total Deposits less CDs > 250k and Brokered Deposits Non Interest-bearing Demand Deposits, 30.5%Interest-bearing Demand & Savings Deposits, 53.7%Time Deposits, 13.1%Borrowings & Subordinated Debt, 0.6%Other liabilities, 2.1%
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Investor Presentation | Fourth Quarter 202510 $224$346$492$588$697$972$1,035$1,091$1,123$1,110 $1,111$1,106$1,110$4,603$4,443$4,530$4,564$4,414$4,415$4,458$4,399$4,416$4,556$4,705$4,684$4,560$3,502$3,237$3,073$2,858$2,723$2,600$2,557$2,548$2,549$2,539$2,560$2,544$2,594$8,329$8,026$8,095$8,010$7,834$7,988$8,050$8,037$8,088$8,205$8,376$8,334$8,264 01,0002,0003,0004,0005,0006,0007,0008,0009,000 Q4'22Q1'23Q2'23Q3'23Q4'23Q1'24Q2'24Q3'24Q4'24Q1'25Q2'25Q3'25Q4'2515.3%as % of Total Accounts, 84.7%Deposits: Strength in Cost of Funds . Mix of Demand & Savings 51.3%as a % of Total Balances, 48.7%
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Investor Presentation | Fourth Quarter 202511 $630$904$979$1,041$1,074$1,063$1,075$1,075$1,0833.63%4.15%4.31%4.26%4.05%3.69%3.49%3.42%3.30%0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00% $0.00$200.00$400.00$600.00$800.00$1,000.00 Q4-2023 Q1-2024 Q2-2024 Q3-2024 Q4-2024 Q1-2025 Q2-2025 Q3-2025 Q4-2025Current BalanceWeighted Average Rate $868$112$88 $153.38%3.10%2.98%1.81%0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%4.00%$0$100$200$300$400$500$600$700$800<3 Months 3-6 Months 6-12 Months >12 MonthsCurrent BalanceWtd Avg Rate Deposits: CD Balance and Maturity Composition * Note: Excludes CDARS; $27MM balance at 12/31/2025* CD special as of Dec 31, 2025, subject to change CD Balances Balances in $ millions, balances and Wtd Avg Rates are as of period end CD Maturities
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Investor Presentation | Fourth Quarter 202512 $1,820$876$1,133$730$1<=0.01% 0.01% - 2.0% 2.0% - 3.0% 3.0% - 4.0% >4.0%$4,414 $4,415$4,458$4,399$4,416$4,556$4,705$4,684$4,5601.37%1.55%1.66%1.66%1.51%1.50%1.60%1.58%1.38% 0.00%0.20%0.40%0.60%0.80%1.00%1.20%1.40%1.60%1.80% $0$500$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500$5,000 Q4-2023 Q1-2024 Q2-2024 Q3-2024 Q4-2024 Q1-2025 Q2-2025 Q3-2025 Q4-2025Current BalanceWeighted Average Last Accrual Rate Deposits: Interest Bearing Demand and SavingsInterest Bearing Demand and Savings Balances in $ millions, balances and Wtd Avg Rates are as of period end Int-Bearing Demand & Savings by Wtd Avg Rate 1.66%1.66%1.51%1.50%1.60%1.58%1.67%1.74%1.65%1.64%1.60%1.65%Q2-2024 Q3-2024 Q4-2024 Q1-2025 Q2-2025 Q3-2025WARQTD Cost1.66%1.66%1.51%1.50%1.60%1.58%1.38%1.67%1.74%1.65%1.64%1.60%1.65%1.52%Q2-2024 Q3-2024 Q4-2024 Q1-2025 Q2-2025 Q3-2025 Q4-2025WARQTD Cost
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Investor Presentation | Fourth Quarter 2025 Loans and Credit Quality 1313
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Investor Presentation | Fourth Quarter 202514$2,523$2,760$3,015$4,022$4,307$4,763$4,917$6,450$6,795$6,769 $6,769$6,823$6,961$7,010$7,1145.52%5.32%5.16%5.24%5.44%5.02%4.97%4.86%5.44%5.79%5.78%5.71%5.76%5.75%5.77% 3.00%4.00%5.00%6.00% $0$1,000$2,000$3,000$4,000$5,000$6,000$7,000 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q4-2024 Q1-2025 Q2-2025 Q3-2025 Q4-2025 Total LoansLoan YieldLoan Portfolio and Yield Trailing 10 yearsTrailing 5 quartersAcquired VRB Loans of $795MM upon 3/25/2022 with a WAR of 4.31%. Yield scaled to range of 3% to 6% in the visualEnd of period balances are presented net of fees and include LHFS. Yields based on average balance and annualized interest income for quarterly periods.
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Investor Presentation | Fourth Quarter 202515$159 $170 $247 $193 $114 $121 $146 $260 $161 $235 $241 $278 -$92-$107-$83-$110-$83-$137-$113-$170-$69-$115-$139-$146-$94$36$22-$24-$41-$86-$11-$43$35-$48-$30Q1-2023 Q2-2023 Q3-2023 Q4-2023 Q1-2024 Q2-2024 Q3-2024 Q4-2024 Q1-2025 Q2-2025 Q3-2025 Q4-2025OriginationPayoffsBalance Change net of Originations and Payoffs Gross Production vs. Payoff Outstanding Principal in Millions, excludes Credit Card balances Slower pace of originations relative to 2021-22 commensurate with market rate changes, liquidity management, and NIM preservation.Pace of originations has consistently gained momentum following the reorganization of Wholesale Banking, with net loan growth and repricing in the adjustable-rate portfolio driving improved portfolio yields
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Investor Presentation | Fourth Quarter 202516 Gas Station20%Light Industrial17%Office13%Retail10%Warehouse8%Other (18 Types)32%CRE Owner Occupied by Collateral Type Retail 23%Office19%Hotel/Motel15%Light Industrial9%Mixed Use -Retail8%Other (22 Types)26%CRE Non-Owner Occupied by Collateral Type Diversified Loan Portfolio Dollars in millions, Net Book Value at period end, excludes LHFS; Commercial & Industrial includes Municipality Loans.
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Investor Presentation | Fourth Quarter 202517 Office RE Collateral Graph circle size represent total loan Commitments in the Region; regional assignment based upon ZIP code of collateral California Office Secured by RegionRegions by Collateral CodeRegions by Occupancy Type
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Investor Presentation | Fourth Quarter 202518 72%60%77%61%76%78%43%50%27%37%22%39%24%19%56%43%1% 3% 1% 0% 0% 3% 1%7%0%10%20%30%40%50%60%70%80%90%100% Retail Building Office Building Hotel/Motel Light Industrial Mixed Use - Retail Other Multifamily CRE Owner Occupied <= 60%> 60% - 75%> 75%CRE Collateral ValuesDistribution by LTV(1)LTV Range CRE Non-Owner Occupied by Collateral Type(1) LTV as of most recent origination or renewal date
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Investor Presentation | Fourth Quarter 202519$2,511 $2,341 $1,090 $1,033 $429 $361 $409 $438 $1,026 $968 $846 $862 $305 $283 $426 $421 $169 $159 $50 $53 $654 $666 $657 $616 $60 $65 $334 $272 $125 $134 4Q-2025 4Q-2024 4Q-2025 4Q-2024 4Q-2025 4Q-2024 4Q-2025 4Q-2024 4Q-2025 4Q-2024 4Q-2025 4Q-2024 4Q-2025 4Q-2024 4Q-2025 4Q-2024CRE Non-OwnerOccupiedMultifamily SFR HELOC and JuniorLiensCommercial & Industrial CRE-Owner Occupied SFR 1-4 Term Construction Agriculture & Farmland Outstanding Principal ($MM)Unfunded Commitment ($MM)0.00%0.20%0.40%0.60%0.80%1.00%$0$25$50$75$100$125$150$175$20020252024202320222021202020192018201720162015201420132012<2012Private Balance (MM)Unfunded (MM)WA Rate6.91%7.79%8.14%7.60%7.32%7.45%7.52%7.73%7.76%7.85%7.54%7.45%7.23%7.25%7.35%Unfunded Loan CommitmentsHELOCs – by vintage, with weighted average rate (7.53% total WAR) Outstanding Principal and Commitments exclude unearned fees and discounts/premiums; segments exclude Leases, DDA Overdraft, Credit Cards, Auto, and other consumer. 2025 vintage reflects impact of various short-term (6 mo.) promotional rates (5.99%). Current promotional rates are 5.25%.
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Investor Presentation | Fourth Quarter 202520$605$575$612$698$705$668$661$588$590$562$579$563$582$637$689$727$709$736$734$802$826$709$758$769$779$74649% 45% 46% 50% 49% 48% 45% 42% 45% 43% 43% 42% 44%6.82%7.31%7.61%7.87%7.82%7.88% 7.87%7.58%7.20%7.18% 7.18%7.06%6.77%6%6%7%7%8%8%$0$200$400$600$800$1,000$1,200$1,400$1,6004Q-2022 1Q-2023 2Q-2023 3Q-2023 4Q-2023 1Q-2024 2Q-2024 3Q-2024 4Q-2024 1Q-2025 2Q-2025 3Q-2025 4Q-2025Outstanding Principal ($MM)Unfunded CommitmentUtilizationWAR Fruit & Tree Nuts37%Dairy19%Post Harvest 9%Beef Cattle8%Grape Vineyards7%Other 20% $120$35$5$88$15$27$27$89$176$103$101$68$58$56$57$16$187$100 54% 60% 6% 26% 32% 21% 62% 32% 64%0%5000%10000%15000%20000%Oil & GasExtractionConstruction Finance andInsuranceReal Estate Healthcare Wholesale Trans andWarehouseOther (14Categories)AgricultureOutstanding (mln)Unfunded (mln)C&I and Ag Production Utilization •Outstanding Principal excludes unearned fees and discounts/premiums ($ millions)•As of 12/31/2025, 37% of combined C&I and Ag loans are variable rate and tied to prime; another 20% are adjustable, tied to SOFR, and repricing monthly C&I and Ag Production Utilization by NAICS Industry: 4Q-2025Agriculture NAICS Segments
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Investor Presentation | Fourth Quarter 202521 Fixed34%Adjustable52%Floating14%66% Adjustable + Floating $975 $699 $700 $752 $623 $723 $2457.43%5.16%4.92%5.33%5.70%6.29%5.85%6.52%6.47%6.55%6.34%6.38%6.44%0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00% $0$100$200$300$400$500$600$700$800$900$1,000 Monthly (Floating) < 1 Year 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years > 5 YearsAdjustable Loans, Principal Outstanding ($MM)Adj Wtd Avg RateAdj Wtd Avg Rate if Repriced 12/31/2025Dollars in millions, excludes unearned fees and accretion/amortization therein.Wtd Avg Rate (weighted average rate) as of 12/31/2025 and based upon outstanding principal; Next Reprice signifies either the next scheduled reprice date or maturity. 99% of Floating benchmarked to Prime$3,741MM Adjustable,predominantly benchmarked to 5 Year TreasuryLoan Yield Composition: Adjustable and Floating Rate
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Investor Presentation | Fourth Quarter 202522 $3,619$3,741$219($56)($40)9/30/2025 Originations Payoffs Paydowns 12/31/2025$3,358($190)($42)$3,741$616 12/31/2024 Originations Payoffs Paydowns 12/31/2025 Adjustable Rate Loans Dollars in millions, principal outstanding, excludes unearned fees; Paydowns are net of Draws on existing loans WAR (weighted average rate) based upon outstanding principal, excludes unearned fees4.80%WARScaled to$3,000MMScaled to$1,800MM5.21% WARYear-over-year change Quarter-over-quarter change5.50% WAR5.43% WAR6.12%6.12%5.50% WAR6.33%6.26%5.21%5.43%5.50%4.70%4.80%4.90%5.00%5.10%5.20%5.30%5.40%5.50%5.60% $3,000 $3,100 $3,200 $3,300 $3,400 $3,500 $3,600 $3,700 $3,800 $3,900Adj Rate LoansWAR
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Investor Presentation | Fourth Quarter 202523$231$344$390$820$109$119$394$10$9$9$30$23$18$3605.20%5.35%5.25%4.67%4.13%5.90%4.26%0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00% $0$100$200$300$400$500$600$700$800$900 0 - 1 Years 1 - 3 Years 3 - 5 Years 5 - 10 Years 10 - 15 Years 15 - 20 Years > 20 YearsAll FixedSFR 1-4All WAR Fixed34%Adjustable52%Floating14%$2,408MM total fixed 4.88% Wtd Avg Rate Dollars in millions, excludes unearned fees and accretion/amortization therein.Wtd Avg Rate (weighted average rate, or WAR) as of 12/31/2025 and based upon outstanding principal Loan Yield Composition: Fixed Rate Loans
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Investor Presentation | Fourth Quarter 202524$2,442$2,409$45($47)($31)9/30/2025 Originations Payoffs Paydowns 12/31/2025$2,520$2,409$191($176)($125)12/31/2024 Originations Payoffs Paydowns 12/31/2025 Fixed Rate Loans Dollars in millions, principal outstanding, excludes unearned fees; Paydowns are net of draws on existing loans within periodWAR (weighted average rate) based upon outstanding principal, excludes unearned feesYear-over-year change Quarter-over-quarter changeScaled to$2,300MMScaled to$2,300MM4.825% WAR4.88%WAR4.89%WARIncludes principal amortization as well as transfers of loans out of construction4.88%WAR6.56%6.46%6.37% Appetite for fixed rate loans faces headwinds as clients anticipate future rate reductions6.26%4.82%4.89%4.88%4.60%4.65%4.70%4.75%4.80%4.85%4.90%4.95%5.00% $2,300 $2,350 $2,400 $2,450 $2,500 $2,550 $2,600 $2,650 $2,700Fixed Rate LoansWAR
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Investor Presentation | Fourth Quarter 202525 ($97)$2,280 $216 $124,571 ($1,209)$125,762 ACL 9/30/2025Charge Offs & RecoveriesSpecific ReserveChangesPortfolio Growth/MixReserveRate ChangesACL 12/31/2025$120,000 $121,000 $122,000 $123,000 $124,000 $125,000 $126,000 Allowance for Credit LossesDrivers of Change under CECLInsignificant net change in specific reservesPrimarily driven by changes in mix shift between loan segmentsQualitative reserve factors & economic outlook remain unchanged from the prior quarter. Excludes changes in specific reservesGross charge-offs $1.345 millionGross recoveries $0.136 million1.78%of Total Loans1.77%of Total Loans$104.3 million loan growth in the quarterScaled toreflect$120MM
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Investor Presentation | Fourth Quarter 202526 Allowance for Credit LossesAllocation of Allowance by Segment
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Investor Presentation | Fourth Quarter 202527 Risk Grade Migration Zero balance in Doubtful and Loss
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Investor Presentation | Fourth Quarter 202528381%363%377%297%284%234%192%190%196% 189%174%167%172%160%179%191%191%2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4TCBKPeers0.35%0.37%0.35%0.44%0.48%0.58%0.67%0.71%0.70%0.53% 0.53%0.55%0.57%0.60%0.63%0.65%0.68%2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4TCBKPeers 0.10%0.06%0.14%0.09%0.07%0.18%0.13%0.15%0.18%0.54%0.46%0.49% 0.49%0.48%0.58%0.53%0.55%2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4TCBKPeersAsset Quality Peer group consists of 99 closest peers in terms of asset size, range $6.3-13.3 Billion, source: BankRegData.comPast due 30-89 accruing loans exclude non-accrual; NPAs as presented are net of guarantees; NPLs as presented are not adjusted for guarantees. The Bank continues to actively and aggressively address potential credit issues with short resolution timelines.Despite increase in non-performing assets over the past several quarters, current levels remain well below historical norms for both the Company and the community banking industry. Non-Performing Assets as a % of Total AssetsCoverage Ratio: ACL as % of Non-Performing LoansPast Due 30-89 as a % of Total Loans
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Investor Presentation | Fourth Quarter 2025 Financials 2929
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Investor Presentation | Fourth Quarter 202530 Net Interest Income (NII) and Margin (NIM)
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Investor Presentation | Fourth Quarter 202531 Net Interest Income (NII) and Margin (NIM)
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Investor Presentation | Fourth Quarter 202532 1.43%0.91%1.43%1.28%1.19%1.18%1.23%2019 2020 2021 2022 2023 2024 2025 1.94%1.83%1.91%1.97%1.87%1.66%1.81%2019 2020 2021 2022 2023 2024 2025 59.7%58.4%53.2%53.0%55.8%59.1%57.5%2019 2020 2021 2022 2023 2024 2025 4.47%3.96%3.58%3.88%3.96%3.71%3.89%2019 2020 2021 2022 2023 2024 2025Current Operating Metrics 2025 values through the twelve months ended 12/31/2025 Net Interest Margin (FTE)PPNR as % of Average AssetsEfficiency RatioROAA
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Investor Presentation | Fourth Quarter 202533 10.6%9.3%9.2%7.6%8.8%9.7%10.7%2019 2020 2021 2022 2023 2024 2025 15.1%15.2%15.4%14.2%14.7%15.7%15.1%2019 2020 2021 2022 2023 2024 2025 13.3%12.9%13.2%11.7%12.2%13.2%13.3%2019 2020 2021 2022 2023 2024 2025 14.4%14.0%14.2%12.4%12.9%14.0%13.8%2019 2020 2021 2022 2023 2024 2025Well CapitalizedTier 1 Capital RatioTotal Risk Based CapitalCET1 RatioTangible Capital Ratio2025 values through the twelve months ended 12/31/2025
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Investor Presentation | Fourth Quarter 202534Our MissionTri Counties Bank exists for just one purpose: to improve the financial success and well-being of our shareholders, customers, communities and employees.Core ValuesTrustRespectIntegrityCommunicationOpportunityTeam EthosWe are one team, aligned, customer-focused and collaborative to achieve next-level performance.