FNB United Corp.      May 17, 2013   First Quarter 2013
 Presenters         Brian Simpson      Chief Executive Officer         David Nielsen      Chief Financial Officer           2
 Forward Looking Statements & Other Information              Forward Looking Statements   This presentation contains certain forward-looking statements within the safe harbor rules of the federal securities laws.   These statements generally relate to FNB’s financial condition, results of operations, plans, objectives, future   performance or business. They usually can be identified by the use of forward-looking terminology, such as “believes,”   “expects,” or “are expected to,” “plans,” “projects,” “goals,” “estimates,” “may,” “should,” “could,” “would,” “intends to,”   “outlook” or “anticipates,” or variations of these and similar words, or by discussions of strategies that involve risks and   uncertainties. Forward looking statements are subject to risks and uncertainties, including but not limited to, those risks   described in FNB’s Annual Report on Form 10-K for the year ended December 31, 2012 under the section entitled   “Item 1A, Risk Factors,” and in the Quarterly Reports of Form 10-Q and other reports that are filed by FNB with the   Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking   statements, which are subject to numerous assumptions, risks and uncertainties, and which change over time. These   forward-looking statements speak only as of the date of this presentation.  Actual results may differ materially from   those expressed in or implied by any forward looking statements contained in this presentation.   We assume no duty   to revise or update any forward-looking statements, except as required by applicable law.   Non-GAAP Financial Measures   In addition to the results of operations presented in accordance with Generally Accepted Accounting Principles (GAAP),   FNB management uses and this presentation contains or references, certain non-GAAP financial measures, such as   core earnings, core noninterest expense, core noninterest income, net interest income on a fully taxable equivalent   basis, pro forma total ALL and fair value mark, Granite purchased impaired  loan ALL and FV mark, Granite purchased   contractual loan ALL and FV mark and tangible shareholders’ equity. FNB believes  these non-GAAP financial   measures provide information useful to investors in understanding our underlying operational performance and our   business and performance trends as they facilitate comparisons with the performance of others in the financial services   industry; however, these non-GAAP financial measures should not be considered an alternative to GAAP. The non-   GAAP financial measures contained within this presentation should be read in conjunction with the audited financial   statements and analysis as presented in FNB’s Annual Report on Form 10-K as well as the unaudited financial   statements and analyses as presented in FNB’s Quarterly Reports on Form 10-Q.  A reconciliation of non-GAAP   measures to the most directly comparable GAAP measure is included within tables in the presentation or with the   appendix to this presentation.     3
 Key Accomplishments   4    Progress toward key goals for   2013          Reduced problem assets by $25.5 million, or 18%, in 1Q, at negligible   cost   – NPLs fell $8.9 million (11%) to $70.6 million   – OREO reduced $16.6 million (26%) to $46.5 million   – NPAs reduced to 5.6% of total assets, down from 8.8%   – $0.2 million net  loan recoveries and $0.3 million net OREO   losses, $0.1 million provision    Continued implementation of “Back to Business” strategies   – Residential mortgage origination up 27% over 1Q 2012   – Commercial loan origination up 252%   – Consumer loan origination up 182%   – Total loan production up 96% vs 1Q 12 and up 4% vs 4Q 12    Improvements in deposit portfolio in 1Q   – Grew low cost core, non-CD, deposits $21.2 million or 7.6%   annualized rate   – Increased low cost core to 63% of total deposits, up from 60%   – Cost of deposits fell 9 basis points to 0.49%    Bank legal merger on June 8, 2013, subject to receipt of regulatory   approval    Bank of Granite Order lifted effective February 27th
 Quarterly Operating Highlights    1Q net loss before tax of $2.7   million   – Best performance since 2Q   2009    1Q 2013 net loss from   continuing operations of $4.6   million, $1.7 million better than   4Q 2012, and $6.2 million   better than 1Q 2012   – $1.9 million tax expense   related to deferred tax asset   allowance    Net loss per common share of   $0.21 per share, compared to   net losses of $0.29 in 4Q 2012   and net loss per common share   of $0.51 in 1Q 2012    Net interest margin was   improved at 3.20% in 1Q vs   2.96% sequential quarter and    2.82% linked quarter    All quarters reflect the full   results of Granite   5   Quarterly Performance Metrics   Dollars in thousands except per share data 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Net loss before taxes from continuing operations (10,909)$     (18,112)$     (4,789)$       (7,207)$       (2,743)$         Net loss from continuing operations, net of taxes (10,832)       (18,138)       (4,712)         (6,296)         (4,596)           Net loss to common shareholders (10,859)       (18,138)       (4,712)         (6,296)         (4,596)           (0.51)           (0.86)           (0.22)           (0.29)           (0.21)             Net loss to common shareholders per share (0.51)           (0.86)           (0.22)           (0.29)           (0.21)             Return on average assets (1.82%) (3.13%) (0.84%) (1.14%) (0.87%)   Return on average equity (34.26%) (60.99%) (17.51%) (24.00%) (19.04%)   Net interest margin 2.82% 3.06% 2.95% 2.96% 3.20%   Core noninterest expense to average assets 1 3.06% 3.38% 3.37% 3.14% 3.65%   1  Non-GAAP measure.  See Appendix for reconciliation to GAAP presentation.   Net loss from continuing operations to        common shareholders per share   Quarterly Results   Results of Operations   Dollars in thousands, except per share data 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   et interest income 15,180$      16,049$      15,202$      14,849$      15,173$        Provision for loan losses (3,067)         (7,778)         (32)             (3,172)         (110)              Noninterest income 3,826          6,532          4,643          6,957          6,533            Noninterest expense (26,848)       (32,915)       (24,602)       (25,841)       (24,339)         Net loss from continuing operations, net of taxes (10,832)       (18,138)       (4,712)         (6,296)         (4,596)           Net loss from discontinued operations, net of taxes (27)             -                 -                 -                 -                   Net loss to common shareholders (10,859)$     (18,138)$     (4,712)$       (6,296)$       (4,596)$         Weighted average basic and diluted shares outstanding 21,102,465     21,190,848     21,588,027     21,368,460     21,698,115
 Core Earnings    Core earnings net income of    $0.1 million in 1Q 2013   decreased  $2.2 million from 4Q   2012    $0.3 million increase in net   interest income    $0.6 million decline in core   noninterest income   – $0.3 million seasonal and   rate related decline in   mortgage   – $0.3 million service charges   weakness on seasonality   and product change service   charge waivers    $1.9 million increase in core   noninterest expense   – $1 million increase in   compensation expense on   payroll taxes in 1Q 2013 and   bonus accrual reversals in   4Q 2012   – $0.3 million increase in legal   expenses   – By June 30,  8 branch   consolidations and 30+   merger FTE reductions   6   Quarterly Core Earnings 1   Dollars in thousands except per share data 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Net loss to common shareholders (10,859)$     (18,138)$     (4,712)$       (6,296)$       (4,596)$         Less taxes, credit costs and nonrecurring items:   Loss on discontinued operations, net (27)             -                 -                 -                 -                      TaxesIncome tax benefit (expense) 77              (26)             77              911             (1,853)              Other real estate owned expenseGain on sales of securiti s (46)             2,002          (33)             2,198          2,377               Provision expenseOther real estate owned expense (5,519)         (12,473)       (3,602)         (6,289)         (883)                 Merger related expenseProvision for loan losses (3,067)         (7,778)         (32)             (3,172)         (110)              Granite and litigation accruals -                 (1,100)         -                 -                 -                   Loan collection expense (746)            (514)            (1,119)         (895)            (1,572)           Branch closure and severance expense -                 -                 -                 (96)             (587)              Rebranding expense -                 -                 -                 (397)            (552)              Merger-related expense (2,258)         840             (939)            (884)            (1,509)           Core Earnings 1 727$           911$           936$           2,328$        93$                 1  Non-GAAP measure. Table reconciles to GAAP presentation.
 Net Interest Margin    Net interest margin improved 24   bps in the 1st quarter to 3.20%,   and improved 38 bps over 1Q   2012    Average loans and securities,   which exclude low yielding cash   balances, fell by $5.9 million in   1Q 2013    Average loan yield increased 12   bps to 5.24% on improved   yields in Granite purchased   loans    Average loans fell $62.6 million   (5%) during 1Q 2013 on runoff   of  purchased residential loan   pools, continued asset   resolution and loan prepayment   that exceeded new origination    $47.1 million (75%) of the net   reduction in period end loan   balances were non-Pass and   residential mortgage pool loans    Continued improved deposit mix   resulted in 10 bp decline in cost   of deposits to 57 bps in 1Q   2013, down from 67 bps in 4Q   2012, and down 34 bps from 1Q   2012   7   0.0%   1.0%   2.0%   3.0%   4.0%   5.0%   6.0%   1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Yield on Loans Yield on Investment Securities   0.0%   0.5%   1.0%   1.5%   2.0%   2.5%   3.0%   3.5%   1Q 012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Cost of  Interest Bearing D posits Net Interest Margin   Quarterly Results   Average Balances, Yields and Net Interest Margin   Dollars in thousands 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Average loans (includes loans held for sale) 1,224,349$  1,287,022$  1,262,229$  1,209,947$  1,147,347$       Average yield 5.59% 5.40% 5.14% 5.12% 5.24%   Average loans and securities 1,662,210    1,744,436    1,737,261    1,718,446    1,712,572      Average earning assets 2,170,079    2,115,029    2,055,193    2,000,882    1,931,330         Average yield 3.71% 3.89% 3.73% 3.66% 3.80%   Average interest bearing liabilities 1,999,005    1,926,658    1,858,339    1,811,224    1,734,391         Average rate 0.97% 0.91% 0.86% 0.77% 0.68%      Average cost of deposits 0.91% 0.83% 0.76% 0.67% 0.57%   Net interest margin 2.82% 3.06% 2.95% 2.96% 3.20%   Net interest rate spread 2.75% 2.98% 2.87% 2.89% 3.13%   Quarterly Loan and Securities Yields Quarterly Margin and Cost of Deposits
 Quarterly Noninterest Income    Total noninterest income   decreased $0.4 million in 1Q   2013, and increased $2.7   million compared to 1Q 2012   – Nonrecurring securities   gains of $2.4 million in 1Q   2013 compared to 1Q 2012    Core noninterest income   decreased $0.6 million (13%)   to $4.1 million from 4Q 2012,   and increased $0.3 million   compared to 1Q 2012, an 8%   increase   – $0.3 million,  seasonal and   rate related decline in   mortgage   – $0.3 million service   charges weakness on   seasonality and product   change service charge   waivers         8   Quarterly Results   Noninterest Income   Dollars in thousands 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Service charges on deposit accounts 1,816$        1,830$        1,778$        1,656$        1,376$          Mortgage loan income 36              287             728             1,014          744               Cardholder and merchant services income 1,141          1,176          1,119          1,143          1,069            Trust and investment services 202             256             234             344             241               Bank-owned life insurance 306             314             290             285             263               Other service charges, commissions and fees 254             271             252             351             258               Securities gains/(losses), net (46)             2,002          (33)             2,198          2,377            Other income/(loss) 117             396             275             (34)             205               Total noninterest income 3,826$        6,532$        4,643$        6,957$        6,533$          Less:   Securities gains/(losses), net (46)             2,002          (33)             2,198          2,377            Core noninterest income  1 3,872$        4,530$        4,676$        4,759$        4,156$          1  Non-GAAP measure.  Reconciliation included in this table.
 Quarterly Noninterest Expense    Noninterest expense decreased   by $1.5 million (6%) from 4Q   2012   – OREO expense  fell $5.4   million in 1Q 2013 (86%), and   $4.6 million (84%) versus 1Q   2012    Merger-related expenses   increased $0.6 million in 1Q   – All merger expenses will be   completed by June 30    Core NIE rose in 1Q 2013 by   $1.9 million, or 11%   – $0.3 million increase in legal   expenses   – $1 million increase in   compensation expense on   payroll taxes in 1Q 2013 and   bonus accrual reversals in   4Q 2013    Expect Core NIE to trend   downward for remainder of year   – By June 30,  8 branch   consolidations and 30+   merger FTE reductions      9   Quarterly Results   Noninterest Expense   Dollars in thousands 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Personnel expense 10,026$      10,581$      9,744$        9,700$        10,679$        Net occupancy expense 1,561          1,608          1,716          1,576          1,831            Furniture, equipment and data processing expense 2,072          2,141          2,182          2,326          2,368            Professional fees 1,542          1,250          1,473          1,001          1,493            Stationery, printing and supplies 141             153             152             191             186               Advertising and marketing 129             125             166             537             665               Other real estate owned expense 5,519          12,473        3,602          6,289          883               Credit/debit card expense 410             437             432             438             425               FDIC insurance 598             1,225          1,056          620             670               Loan collection expense 746             514             1,119          895             1,572            Merger-related expense 2,258          (840)            939             884             1,509            Core deposit intangible amortization 352             352             352             351             352               Other expense 1,494          2,896          1,669          1,033          1,706            Total noninterest expense 26,848$      32,915$      24,602$      25,841$      24,339$        Less:   Other real estate owned expense 5,519$        12,473$      3,602$        6,289$        883$             Merger-related expense 2,258          (840)            939             884             1,509            Loan collection expense 746             514             1,119          895             1,572            Branch closure and restructuring expenses -                 -                 -                 96              587               Granite Mortgage and litigation accruals -                 1,100          -                 -                 -                   Rebranding expense -                 -                 -                 397             552               Core noninterest expense  1 18,325$      19,668$      18,942$      17,280$      19,236$        FTE Employees 627             634             637             627             633               1  Non-GAAP measure. Reconciliation included in this table.
 20% 16% 15% 11% 13%   20%   21% 22% 26% 27%   51% 54% 54% 53%   52%   10% 9% 9% 9% 8%   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Cash and bank balances Investment securities Loans Other assets   Balance Sheet    Total assets fell $58.3 million   (3%) during 1Q 2013   – Cash and interest bearing   balances increased $22.7   (9%) due to sale of OREO,   and  loan repayment   – Net loans decreased $58.6   million (5%) on residential   mortgage pool repayment,   problem asset resolution,   and loan payoff activity that   outpaced new loan   origination   – OREO decreased $16.6   million (26%)    Deposits declined $50.8 million   (3%)   – Improved mix change from   time deposits to lower rate   deposit products continued    Balance sheet excludes   reserved deferred tax assets of   $184.2 million, including $35.6   million relating to Granite   10   Quarterly Balance Sheet   Dollars in thousands 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Cash and interest bearing bank balances 468,549$     363,879$     327,870$     239,610$     262,293$       Investment securities 473,916      477,136      492,386      564,850      565,870        Loans and loans held for sale, net 1,209,902    1,244,596    1,209,148    1,147,721    1,089,136      Other real estate owned 104,379      86,400        80,800        63,131        46,537          Intangible assets 12,030        11,678        11,574        11,700        11,650          Other assets 119,170      118,072      116,287      124,553      117,825        Total assets 2,387,946$  2,301,761$  2,238,065$  2,151,565$  2,093,311$    Deposits 2,120,081$  2,041,770$  1,982,253$  1,906,988$  1,856,161$    Borrowings 123,400      126,507      124,474      123,705      122,320        26,491        25,482        24,465        22,427        25,456          Equity 117,974      108,002      106,873      98,445        89,374          Total liabilities and equity 2,387,946$  2,301,761$  2,238,065$  2,151,565$  2,093,311$    Other liabilities   Quarterly Balance Sheet Composition
 Deposits    Increased core deposits from   77% at 1Q 2012 to 84% of the   total at 1Q 2013    Continued improved deposit   mix profile   – Indeterminate term core   now represents 63% of   deposits, up from 60% last   quarter   – Time deposits, including   brokered deposits, as a   percentage of total   deposits declined to 37%   from 40% last quarter    Deposits declined by $50.4   million (3%), virtually all in CD   and brokered CDs   – Non-brokered CD deposits   fell $63.3 million and   brokered deposits fell by   $8.2 million    Cost of interest bearing   deposits fell to 57 bps and the   cost of all deposits fell to 49   bps   11   12% 13% 13% 13%   14%   17% 17% 18%   19% 20%   3% 4%   4% 4%   4%   21% 22%   23% 24%   25%   24% 23%   23% 22%   21%   5% 5%   3% 3%   3%   18% 17% 16% 15% 14%   0%   20%   40%   60%   80%   100%   1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Noninterest-bearing demand Interest-bearing demand Savings   Money market Time deposits < $100,000 Brokered   Time deposits > $100,000   Quarterly Deposits   Dollars in thousands 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Noninterest-bearing demand 256,445$     262,087$     264,370$     251,235$     265,455$       Interest-bearing demand 364,512      353,586      358,376      362,406      364,282        Savings 72,446        72,925        73,382        74,436        79,895          Money market 437,738      441,824      450,164      455,734      455,337        Brokered 107,047      96,747        63,455        55,590        47,339          Time deposits < $100,000 506,971      471,366      449,542      417,421      386,087        Time deposits > $100,000 374,922      343,235      322,964      290,166      258,166        Total deposits 2,120,081$  2,041,770$  1,982,253$  1,906,988$  1,856,561$    Quarterly Deposit Mix   Co   re      N   o   n   -Co   re
 Capital and Liquidity    Capital ratios at both   banks remain above the   level defined as “well   capitalized” under   applicable law    On February 27, 2013 the   FDIC terminated its Order   with Granite    CommunityOne is   currently designated as   “adequately capitalized” by   the OCC because it   remains subject to an   Order   – CommunityOne’s   leverage and total risk   based capital ratios   remain below the   levels required in its   Order    Pro forma combined bank   leverage ratio was 6.90%    The loans to deposits ratio   declined to 60% in 1Q   2013, but improved slightly   from 59% at 1Q 2012   12   Quarterly Capital and Liquidity Ratios Well Regulatory   1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 Capitalized Order   FNB United Corp   Leverage 6.22% 5.83% 5.68% 5.45% 5.37% 5.00%   Tier 1 risk based capital 10.53% 9.62% 9.60% 9.26% 9.19% 6.00%   Total risk based capital 12.93% 12.19% 12.47% 12.34% 12.58% 10.00%   Tangible common equity/tangible assets 4.46% 4.21% 4.28% 4.05% 3.73%   Loans/deposits 59% 63% 62% 62% 60%   Cash and investment securities/deposits 44% 41% 41% 42% 45%   CommunityOne Bank   Leverage 6.86% 6.47% 6.46% 6.17% 6.15% 5.00% 9.00%   Tier 1 risk based capital 11.78% 10.45% 10.52% 10.13% 10.24% 6.00%   Total risk based capital 13.07% 11.73% 11.79% 11.40% 11.51% 10.00% 12.00%   Bank of Granite   Leverage 7.64% 7.61% 7.88% 8.12% 8.51% 5.00%   Tier 1 risk based capital 12.86% 13.37% 14.54% 15.04% 15.56% 6.00%   Total risk based capital 12.92% 13.53% 15.57% 16.30% 16.81% 10.00%
 Asset Quality    We significantly improved   asset quality in 1Q   – Classified loans   decreased by over $71   million (34%) compared   to 1Q 2012   – Special Mention loans   decreased by $44 million   (41%) since 1Q 2012   – $137 million of Classified   loans and $63 million of   Special Mention loans   remain    The allowance has been   reduced from $39.8 million to   $29.6 million from 1Q 2012,   reflecting the  improved asset   quality    The remaining fair value   adjustment on the acquired   Granite portfolio fell by $1.7   million as a result of   accretion and realization of   expected loss content   13   $107   $92 $82 $72 $63   $208   $192   $170   $153   $137   $0   $50   $100   $150   $200   $250   $300   $350   1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   M   ill   io   n   s   of    D   ol   la   rs   Special Mention Classif ied   $105   $96   $86 $79 $71   $104   $86   $81   $63   $47   $0   $50   $100   $150   $200   $250   1  2012 2  2012 3Q 2012 4Q 2012 1Q 2013   M   ill   io   ns    o   f D   ol   la   rs   Nonperforming loans OREO and foreclosed assets   Quarterly Problem Asset Trends   Quarterly Asset Quality 1   Dollars in thousands 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Allowance for loan losses (ALL) 39,795$      38,551$      30,859$      29,314$      29,641$        Remaining fair value (FV) mark on Granite portfolio 20,662        14,767        10,851        7,824          6,150            Nonperforming loans / Total loans 8.5% 7.5% 7.0% 6.8% 6.3%   Nonperforming assets / Total assets 8.8% 7.9% 7.5% 6.6% 5.6%   Annualized net charge-offs / Average loans 0.87% 2.83% 2.46% 1.94% -0.07%   All wance f r loan loss / Total loans 3.19% 3.01% 2.51% 2.49% 2.66%   Pro forma ALL and FV mark / Total loans  1 4.85% 4.16% 3.39% 3.16% 3.21%   1  Non-GAAP presentation, see Appendix.  Includes remaining fair value marks on purchased Granite loans
 Nonperforming Assets    Nonperforming loans fell by   $34.8 million (33%) and $8.9   million (11%) since 1Q 2012   and 4Q 2012, respectively    Real estate construction   loans remain a troubled   category and we have   reduced them by $11.6   million (50%) and $2.5   million (18%) since 1Q 2012   and 4Q 2012, respectively    OREO dispositions have   been outpacing foreclosure   additions.  OREO was   reduced by $16.6 million   (26%) in the 1st quarter    As of March 31, 2013, $7.3   million of OREO (16%) was   under contract for sale and   carried at the sales price net   of costs to sell    Non-performing assets have   been reduced by $92.7   million (44%) since 1Q 2012   14   Nonperforming Loans and OREO   Dollars in thousands 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Commercial and agricultural 4,259$        2,934$        3,147$        2,796$        2,350$          Real estate - construction 23,383        24,853        18,506        14,297        11,762          Real estate - mortgage:   1-4 family residential 30,427        22,300        22,131        18,372        19,166          Commercial 46,825        44,817        42,133        43,798        37,217          Consumer 447             633             226             206             63                Total nonperforming loans 105,341      95,537        86,143        79,469        70,558          OREO, other foreclosed assets and disc ops assets 104,379      86,400        80,800        63,131        46,537          Total nonperforming assets 209,720$     181,937$     166,943$     142,600$     117,095$       Quarterly Nonperforming Loan Composition   0%   20%   40%   60%   80%   100%   1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Consumer   Real estate -   construction   Commercial and   agricultural   RE - Commercial   RE - 1-4 Family
 Loan Portfolio    Total loans decreased $130.9   million (10%) from 1Q 2012   and $65.2 million (6%) in 1Q   2013. $24.5 million of net 1Q   reductions were non-Pass   rated loans    1-4 family residential mortgage   loans portfolio comprised $33   million (51%) of the 1Q 2013   loan portfolio contraction. The   reduction was driven by   prepayments on our portfolio   of originated mortgages and   prepayments/amortization of   purchased loan pools    Real Estate Construction loans   fell by $21.5 million (27%) from   1Q 2012 to 5% of our total   loans at 1Q 2013    Credit costs for 1Q 2013   included net recoveries of $0.2   million and OREO write-   downs, net of gains on sale, of   $0.3 million    11% reduction in criticized   loans since 4Q 2012   15   Quarterly Loan Portfolio   Dollars in thousands 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Loans held for sale 3,938$        1,324$        8,212$        6,974$        5,012$          Loans held for investment:   Commercial and agricultural 85,475        78,367        72,669        79,704        77,490          Real estate-construction 79,122        75,576        61,263        58,414        57,653          Real estate-mortgage:   1-4 family residential 529,300      589,972      590,251      553,538      520,808        Commercial 508,067      493,721      463,173      441,836      414,995        Consumer 43,795        44,187        44,439        43,543        42,819          Total Loans held for investment 1,245,759    1,281,823    1,231,795    1,177,035    1,113,765      Total loans 1,249,697$  1,283,147$  1,240,007$  1,184,009$  1,118,777$    4% 3% 4% 4% 4%   41% 38% 37% 37% 37%   42% 46% 48% 47% 47%   6% 6% 5% 5% 5%   7% 6% 6% 7% 7%   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Loans held for   sale   Commercial   and   agricultural   Real estate-   construction   1-4 family   residential   CRE, OO and   NOO   Consumer   Quarterly Loan Portfolio Mix
 -$200   $0   $200   $400   $600   $800   $1,000   $1,200   1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   M   ill   io   ns    o   f D   ol   la   rs   Originated loans Originated loan ALL   Granite purchased impaired (PI) loans Granite PI FV Mark and ALL   Granite purchased contractual (PC) loans Granite PC FV Mark and ALL   Portfolio and Allowance for Loan Losses    Originated loans (including   purchased mortgage pools) are   accounted for under ASC 310-   20   – ALL established via   provision, losses   recognized via charge-offs   – 1Q 2013 ALL of $23.4   million    Granite purchased contractual   (PC) loans are accounted for   under ASC 310-20   – Subject to ALL as FV mark   is accreted   – Total ALL and remaining   unaccreted FV mark of $2.0   million at March 31, 2013    Granite purchased impaired   (PI) loans are accounted for   under ASC 310-30 (SOP-03-3)   – $10.4 million remaining FV   mark at 1Q 2013   – Remaining projected   accretion of $26.1 million   16   Quarterly Loan Portfolio, ALL and Fair Value Marks 1   1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Originated loans 894,607      958,075      944,493      913,799      876,301        Granite purchased impaired (PI) loans 310,389      287,092      252,205      228,392      205,884        Granite purchased contractual (PC) loans 40,763        36,656        35,097        34,844        31,580               Total loans 1,245,759$  1,281,823$  1,231,795$  1,177,035$  1,113,765$    Originated loan ALL (39,747)       (34,756)       (27,282)       (23,633)       (23,432)         Granite PI loan ALL and fair value (FV) mark 1 (18,893)       (16,510)       (12,718)       (11,921)       (10,390)         Granite PC loan ALL and fair valu  (FV m rk 1 (1,817)         (2,052)        (1,710)       (1,584)         (1,969)                Pro forma total ALL and FV marks 1 (60,457)$     (53,318)$     (41,710)$     (37,138)$     (35,791)$       Originated loan ALL / Originated loans (4.44%) (3.63%) (2.89%) (2.59%) (2.67%)   Granite PI ALL and FV mark / Granite PI loans 1 (6.09%) (5.75%) (5.04%) (5.22%) (5.05%)   Granite PC ALL and FV mark / Granite PC loans 1 (4.46%) (5.60%) (4.87%) (4.55%) (6.23%)   1  Non-GAAP presentation, see Appendix.  Includes remaining fair value marks on purchased Granite loans   Loan Portfolio and ALL by Origination Type
 17   2013 Goals     Complete the merger          Merge Granite into CommunityOne on June 8   – Consolidate branch and ATM networks   – Complete consolidation of operational functions   – Implement new product set at Granite branches   – Capture remaining expense synergies   – Better serve customers throughout footprint     Reduced NPAs by 18% in 1Q at negligible cost       Complete credit cleanup          Anticipate return to profitability in the second half of 2013   – NIM up 24 basis points in 1Q   – Additional reductions in core NIE   – Continued reduction in credit-related costs       Return to profitability          FDIC action to lift Granite Order acknowledges progress to date  Continue Improvements to   return to satisfactory condition         2013 Goals
 Appendix   18
 Non-GAAP Measures    Reconciliation of non-GAAP   measures to the most   directly comparable GAAP   measure   19   Reconciliation of Non-GAAP Measures   Dollars in thousands 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Total shareholders' equity 117,974$     108,002$     106,873$     98,445$      89,374$        Less:   Goodwill (4,205)         (4,205)         (4,205)         (4,205)         (4,205)           Core deposit and other intangibles (7,825)         (7,473)         (7,369)         (7,495)         (7,445)           Tangible shareholders' equity 105,944$     96,324$      95,299$      86,745$      77,724$        1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013   Originated loan ALL (39,747)$     (34,756)$     (27,282)$     (23,633)$     (23,432)$       Purchased contractual (PC) loan ALL (48)             (459)            (281)            (308)            (836)              Purchased impaired (PI) loan ALL -                 (3,336)         (3,296)         (5,373)         (5,373)           Total allowance for loan losses (39,795)       (38,551)       (30,859)       (29,314)       (29,641)         Plus:   Fair value (FV) mark on PC loans (1,769)         (1,593)         (1,429)         (1,276)         (1,133)           Fair value (FV) mark on PI loans (18,893)       (13,174)       (9,422)         (6,548)         (5,017)           Pro forma total ALL and FV mark (60,457)$     (53,318)$     (41,710)$     (37,138)$     (35,791)$       Purchased impaired (PI) loan ALL -$               (3,336)$       (3,296)$       (5,373)$       (5,373)$         Fair value (FV) mark on PI loans (18,893)       (13,174)       (9,422)         (6,548)         (5,017)           Granite PI loan ALL and FV mark (18,893)$     (16,510)$     (12,718)$     (11,921)$     (10,390)$       Purchased contractual (PC) loan ALL (48)$            (459)$          (281)$          (308)$          (836)$            Fair value (FV) mark on PC loans (1,769)         (1,593)         (1,429)         (1,276)         (1,133)           Granite PC loan ALL and FV mark (1,817)$       (2,052)$       (1,710)$       (1,584)$       (1,969)$