FIRST QUARTER 2015 FINANCIAL HIGHLIGHTS

FIRST QUARTER 2015 FINANCIAL HIGHLIGHTS

DEAR FELLOW SHAREHOLDERS, At USAmeriBancorp, Inc., we greatly value your support as shareholders. And as we report on first quarter 2015 results, we are extremely pleased to announce that we have established a quarterly dividend, providing another facet of value for you. In April, we paid out a 10-cents-per-share dividend to common shareholders, and our expectation is that we can continue to pay a dividend going forward a move made possible by our continued strong earnings and solid capital. This trend of ongoing strength was further evidenced by another period of solid performance in the first quarter of 2015. For the first quarter, net income available to common shareholders totaled $6.9 million (68 cents per diluted share), up 40% from $4.9 million (50 cents per diluted share) in the first quarter of 2014. Adjusting for non-recurring income and expense, core pre-tax pre-provision earnings totaled $12.7 million, up 19% from $10.6 million in the year-ago period. The bank also continues to make strong gains in lending, with $2.6 billion in net loans in the first quarter, up 9% from $2.3 billion in first quarter 2014, and in deposits with $2.7 billion in total deposits at the end of the first quarter, compared to $2.4 billion at the end of the year-ago period. Meanwhile, book value per common share was $24.71 in the first quarter, up 12% vs. $22.01 in first quarter 2014, and the bank s asset quality remains high. The ratio of nonperforming assets to total loans was at 1.18% at the end of the first quarter, compared to 1.23% in the year-ago period. The bank s growth continues to be driven by our success in both business lending and retail operations. In business banking, we are continuing to find major opportunities with Small Business Administration (SBA) lending in Florida, and have added staff in Alabama to expand our capabilities there. We continue to be ranked among the top SBA lenders in the Southeast, tied to skill in making the process as smooth as possible for our customers. At the same time, our Commercial & Industrial group is also having a high level of success in helping fast-growing midsize and larger companies, such as Chris-Craft Inc., Cigar

City Brewing, and Kinnucan s Specialty Outfitter, with their ongoing expansions. In retail, USAmeriBank opened its newest branch in March in the heart of the thriving Countryside area of Clearwater. Keeping with our tradition of building successful retail locations around experienced bankers with local knowledge, the branch is led by Lisa Langan, who has more than 30 years of banking management experience. Meanwhile, around Florida and Alabama, customers are now seeing a new look when they visit our branches. In Alabama, we have changed our name from Aliant Bank to USAmeriBank, a logical next step to better show that our Alabama and Florida operations are one entity. Also, having one name helps us as we aim to have best-in-class materials. And in Florida, we are refreshing our logo, website and materials, with shifts in color to better represent our strength, along with a new tagline, Banking on Values, which matches our underlying principles. And to support this new brand, we are using a compelling theme for a new ad campaign craft banking. Our approach is much like that of a high skilled artisan. This highly personalized customer service continues to set us apart from other banks, and we are extremely excited about how we are positioned in a fast-improving Southeast economy. As we continue to keep our focus on building shareholder value, we want to reiterate how pleased we are that we can provide you with a dividend. Thank you for your continued support, and please let us know if you have any questions or comments. Jennifer W. Steans Chairman of the Board Joseph V. Chillura President & Chief Executive Officer

Quarter Ending Quarter Ending (Dollars in thousands,except per share amounts) 03/31/15 03/31/14 EARNINGS DATA Net interest income Provision for loan losses Non-interest income Non-interest expense Income tax expense Net income Net income available to common shareholders Pre-tax pre-provision earnings Pre-tax pre-provision core earnings $ 25,807 762 3,649 17,015 4,311 $ 7,368 $ 6,913 $ 12,441 $ 12,675 $ 22,358 732 2,741 15,492 3,423 $ 5,452 $ 4,950 $ 9,607 $ 10,607 PERIOD-END BALANCE SHEET DATA Loans, net Loans held for sale Total Investment securities Total earning assets Total assets Non-interest bearing deposits Total deposits Shareholders equity $ 2,572,863 1,497 410,037 3,057,930 3,260,343 727,851 2,715,605 268,677 $ 2,350,964 3,468 350,645 2,794,260 2,960,257 585,914 2,429,851 232,392 COMMON SHARE DATA Earnings per share: Basic Diluted Book value per common share Tangible book value per common share $ 0.70 0.68 24.71 23.27 $ 0.52 0.50 22.01 20.40 RATIOS Return on average assets Return on average common equity Net interest margin Efficiency ratio Allowance for loan losses to loans Non-performing assets to total loans Tier 1 leverage Risk-based capital 0.95 % 11.48 % 3.53 % 57.86 % 1.05 % 1.18 % 8.78 % 11.64 % 0.77 % 9.54 % 3.41 % 62.09 % 1.09 % 1.23 % 8.14 % 11.18 % Certain amounts reflected in the figures for the quarter ended March 31, 2014 have been reclassified to comform to the presentation for the March 31, 2015 period.

LOAN AND DEPOSIT BALANCES $ IN MILLIONS 2,750 2,700 2,650 2,600 2,550 2,500 2,450 2,400 2,350 2,300 Q1-14 Q2-14 Q3-14 Q4-14 Q1-15 Loans Receivable Deposits RETURN ON AVERAGE COMMON EQUITY AND RETURN ON ASSETS 13% 11% 9% 7% 5% 13.29% 12.42% 11.48% 10.05% 9.54% 1.04% 1.01% 0.95% 0.77% 0.84% Q1-14 Q2-14 Q3-14 Q4-14 Q1-15 1.15% 1.10% 1.05% 1.00% 0.95% 0.90% 0.85% 0.80% 0.75% 0.70% ROCE ROA EARNING PER SHARE $0.80 $0.75 $0.70 $0.65 $0.60 $0.55 $0.50 $0.45 $0.75 $0.74 $0.70 $0.61 $0.52 Q1-14 Q2-14 Q3-14 Q4-14 Q1-15 Diluted Basic

FLORIDA Stephan Heese, President and CEO, Chris-Craft Inc. Sarasota, FL When investment group Stellican Ltd. needed to refinance the debt used to purchase boat manufacturer Chris-Craft a few years ago, the leadership team developed exciting plans to take operations to the next level and introduce several new models to the marketplace. But despite the company s strong history, Chris-Craft had challenges finding a lender who could see the potential in the company s vision. That changed when USAmeriBank stepped in to provide the financing needed for the owners to grow the company. USAmeriBank was able to think outside the box and recognize, just as we did, that there was great value in the Chris-Craft brand, said Steve Heese, president and CEO of Chris-Craft. They also showed great confidence in us as the new leadership team. Left to Right: Bobby Lake, President, Kinnucan s Specialty Outfitter Chase Hardy, Business Banker, USAmeriBank

Left to Right: Ronald Ciganek, Commercial & Industrial Banking Manager, USAmeriBank; Stephan Heese, President and CEO, Chris-Craft Inc. ALABAMA Bobby Lake, President, Kinnucan s Specialty Outfitter Auburn, AL Even though Kinnucan s is a relatively new customer of USAmeriBank, its leadership team has already seen firsthand the advantages of the bank s highly personal and customized approach. Kinnucan s, an established specialty retailer offering the latest outfitter apparel and goods, needed additional lines of credit to acquire new inventory for three new stores it was planning to open. A lot of banks are challenged by this type of lending, said Bobby Lake, President of Kinnucan s. USAmeriBank lenders sat down with the Kinnucan s team to learn about their business and hear their challenges in order to craft a loan that worked for them. It s a testament to the bank that from the very beginning they said, let s come up with something that works for you, Lake said.

USAmeriBank is an independent, non-public bank based in Clearwater, Fla. that has established itself as an outstanding middle-market financial institution. The bank, with 28 offices in Tampa Bay, FL and throughout Alabama, serves the needs of individuals and businesses by providing a high-level of personalized service and attention to a targeted customer base. USAmeriBank s parent company is USAmeriBancorp, Inc. More information is available at www.usameribank.com. Florida Locations: Hillsborough County Brandon Carrollwood Downtown Tampa South Tampa Westshore Ybor City Pinellas County 4th Street (St. Petersburg) 49th Street (Clearwater) Belleair Clearwater Countryside East Bay (Largo) Tarpon Springs Alabama Locations: Birmingham Region Montgomery Region Alabaster Auburn Birmingham Meadow Brook Millbrook Crestline Montgomery Downtown Gardendale Montgomery Eastmont Pell City Montgomery Festival Plaza Montgomery Zelda Road Tallapoosa Region Wetumpka Alexander City Mill Square Dadeville 4790 140th Avenue North Clearwater, FL 33762 1.800.949.5666 usameribank.com