Financial Performance - Assets reached $715 billion, loans amounted to $428 billion, deposits totaled $616 billion, and shareholder equity stood at $7519 million as of March 31, 2022[6] - Core loan growth was $2741 million, a 70% increase from the first quarter of 2021, excluding Paycheck Protection Program (PPP) loans[6] - Deposits grew by $7881 million, or 147%, from the first quarter of 2021[6] - Net income for the first quarter of 2022 was $187 million, compared to $180 million for the first quarter of 2021[7] - Diluted EPS of $091 translated into an annualized return on average assets of 104% and an annualized return on average tangible equity of 1335%[7] - Net interest income decreased to $552 million for the first quarter of 2022, compared to $557 million for the first quarter of 2021[8] Strategic Initiatives - Allegiance Bancshares, Inc and CBTX, Inc announced a merger of equals to create a premier Texas financial institution[10] - The merger aims to generate significant shareholder value through enhanced metrics and cost savings[10] - The combined company is expected to have a complementary branch network with meaningful overlap in the Houston region[10] Market Position - The pro forma company is ranked 6 in the Houston region with $87 billion in deposits[11] - Allegiance Bancshares Inc had $5215366 million in total deposits in the Houston-The Woodlands-Sugar Land MSA in 2021, representing a 158% market share[13] Asset Quality - As of Q1 2022, the tangible equity to tangible assets ratio was 744%[4,22]

[PART I — FINANCIAL INFORMATION](index=3&type=section&id=PART%20I%20%E2%80%94%20FINANCIAL%20INFORMATION) [Item 1. Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) CBTX, Inc. reported **$4.45 billion** in total assets and **$10.6 million** net income for Q1 2022, with noninterest income driving growth Condensed Consolidated Balance Sheet Summary (in thousands) | Account | March 31, 2022 | December 31, 2021 | | :--- | :--- | :--- | | Total cash and cash equivalents | $770,991 | $950,146 | | Loans, net | $2,848,438 | $2,836,179 | | Securities | $547,979 | $425,046 | | **Total assets** | **$4,445,977** | **$4,486,001** | | Total deposits | $3,821,225 | $3,831,284 | | **Total liabilities** | **$3,906,254** | **$3,923,876** | | **Total shareholders' equity** | **$539,723** | **$562,125** | Condensed Consolidated Statement of Income Summary (in thousands) | Account | Three Months Ended March 31, 2022 | Three Months Ended March 31, 2021 | | :--- | :--- | :--- | | Net interest income | $32,630 | $33,090 | | Provision for credit losses | $435 | $412 | | Noninterest income | $5,329 | $3,111 | | Noninterest expense | $24,652 | $23,285 | | **Net income** | **$10,595** | **$10,019** | | **Diluted EPS** | **$0.43** | **$0.41** | Condensed Consolidated Statement of Cash Flows Summary (in thousands) | Activity | Three Months Ended March 31, 2022 | Three Months Ended March 31, 2021 | | :--- | :--- | :--- | | Net cash provided by operating activities | $6,504 | $15,900 | | Net cash used in investing activities | ($172,282) | ($24,682) | | Net cash (used) provided by financing activities | ($13,377) | $75,446 | | **Net (decrease) increase in cash** | **($179,155)** | **$66,664** | [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=55&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the pending merger, economic uncertainties, and Q1 2022 net income growth driven by noninterest income - CBTX entered into a definitive merger agreement with Allegiance Bancshares, Inc. for an all-stock merger of equals, with the transaction expected to close in the **second quarter of 2022**, pending shareholder and regulatory approvals[165](index=165&type=chunk) - The economic outlook is **uncertain** due to the ongoing impacts of the COVID-19 pandemic, instability in the oil and gas industry, the conflict in Ukraine, and rising inflation, which could materially affect future financial results[182](index=182&type=chunk) Results of Operations Summary (in thousands) | Metric | Q1 2022 | Q1 2021 | Change (%) | | :--- | :--- | :--- | :--- | | Net Interest Income | $32,630 | $33,090 | (1.4%) | | Noninterest Income | $5,329 | $3,111 | 71.3% | | Noninterest Expense | $24,652 | $23,285 | 5.9% | | **Net Income** | **$10,595** | **$10,019** | **5.7%** | Financial Condition Summary (in thousands) | Metric | March 31, 2022 | Dec 31, 2021 | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | $4,445,977 | $4,486,001 | (0.9%) | | Loans, net | $2,848,438 | $2,836,179 | 0.4% | | Total Deposits | $3,821,225 | $3,831,284 | (0.3%) | | Shareholders' Equity | $539,723 | $562,125 | (4.0%) | [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=91&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risk, interest rate risk, is detailed in the MD&A section of the report - The company's primary market risk is **interest rate risk**; disclosures and management strategies regarding this risk are detailed in the MD&A section of the report[259](index=259&type=chunk) [Item 4. Controls and Procedures](index=93&type=section&id=Item%204.%20Controls%20and%20Procedures) Disclosure controls were effective as of March 31, 2022, with no material changes to internal controls during Q1 - The CEO and CFO concluded that the company's disclosure controls and procedures were **effective** as of the end of the period covered by the report[260](index=260&type=chunk) - No changes in internal control over financial reporting occurred during the quarter ended March 31, 2022, that have materially affected, or are reasonably likely to materially affect, the company's internal controls[261](index=261&type=chunk) [PART II — OTHER INFORMATION](index=93&type=section&id=PART%20II%20%E2%80%94%20OTHER%20INFORMATION) [Item 1. Legal Proceedings](index=93&type=section&id=Item%201.%20Legal%20Proceedings) No material legal proceedings are ongoing, with ordinary course litigation not expected to materially affect financials - The company is not currently involved in any **material legal proceedings**; any ongoing litigation is considered part of the ordinary course of business and is not expected to have a material adverse effect[262](index=262&type=chunk)[263](index=263&type=chunk) [Item 1A. Risk Factors](index=93&type=section&id=Item%201A.%20Risk%20Factors) No material changes to risk factors were reported compared to the Annual Report on Form 10-K for fiscal year 2021 - No material changes in risk factors were reported compared to those disclosed in the Annual Report on Form 10-K for the year ended December 31, 2021[264](index=264&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=93&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) No unregistered equity sales or program repurchases occurred in Q1 2022, aside from tax-related employee share repurchases - The company has a share repurchase program authorizing up to **$40.0 million** in repurchases, valid through September 30, 2022[266](index=266&type=chunk) - No shares were purchased under the publicly announced 2021 Repurchase Program during the first quarter of 2022[271](index=271&type=chunk) [Item 3. Defaults Upon Senior Securities](index=95&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities during the period - None[272](index=272&type=chunk) [Item 4. Mine Safety Disclosures](index=95&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not Applicable[273](index=273&type=chunk) [Item 5. Other Information](index=95&type=section&id=Item%205.%20Other%20Information) The company reported no other information for this item - None[274](index=274&type=chunk) [Item 6. Exhibits](index=96&type=section&id=Item%206.%20Exhibits) This section lists all exhibits filed, including executive agreements, loan amendments, and officer certifications - The report includes certifications from the Principal Executive Officer and Principal Financial Officer pursuant to Rule 13a-14(a) and 18 U.S.C. Section 1350[277](index=277&type=chunk) - Exhibits filed include various agreements, such as an Executive Employment Agreement, a Change in Control Severance Agreement, and amendments to a loan agreement[276](index=276&type=chunk)

Table UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____. Commission File Number: 001-38280 CBTX, Inc. (Exact name of registrant as specified in its charter) Texas 20-8339782 (State or other jurisdiction of (I.R. ...

NASDAQ: CBTX CBTX, Inc. Fourth Quarter 2021 \ Investor Presentation SAFE HARBOR STATEMENT AND NON-GAAP FINANCIAL MEASURES NON-GAAP FINANCIAL MEASURES This presentation contains certain non-GAAP (generally accepted accounting principles) financial measures, including tangible equity, tangible assets, tangible book value per share, tangible equity to tangible assets, return on average tangible equity, and pre-provision net revenue. The non-GAAP financial measures that CBTX, Inc. (the "Company") discusses in t ...

Financial Data and Key Metrics Changes - The company reported a net income of $21.6 million or $1.06 per diluted share for Q4 2021, compared to $19.1 million or $0.93 per diluted share in Q3 2021 and $15.9 million or $0.77 per diluted share in Q4 2020 [34] - Full-year net income for 2021 was $81.6 million or $4.01 per diluted share, up from $45.5 million or $2.22 per diluted share in 2020 [35] - The pre-tax pre-provision income for Q4 was $23.8 million, down from $25.9 million in Q3 2021 [36] - The net interest income for Q4 was $58.1 million, slightly down from $58.2 million in Q3 2021 but up from $54.9 million in Q4 2020 [37][38] Business Line Data and Key Metrics Changes - Core loans increased by $75 million during Q4 at an annualized growth rate of 7.5%, with total core loans reaching over $4 billion [10][25] - The company originated $450 million in core loans during Q4, with total loan originations for the year reaching $2 billion, a record for the bank [21] - Non-performing assets decreased to 34 basis points of total assets, down from 44 basis points in Q3 2021 [26] Market Data and Key Metrics Changes - Total deposits increased by $381 million in Q4 and were up $1.1 billion compared to the year-ago quarter [30] - Noninterest-bearing deposits to total deposit ratio improved to 37.1% as of December 31, compared to 36.8% in Q3 2021 [31] - The Houston region created 152,000 jobs in 2021, indicating strong economic growth that supports demand for banking services [32] Company Strategy and Development Direction - The company announced a merger of equals with CBTX, Inc., which is expected to enhance its market position and operational efficiency [14] - The management emphasized a commitment to community outreach and support, including partnerships with local organizations [16][17] - The focus remains on loan growth as the primary use of liquidity, with a strategic approach to managing the securities portfolio [61] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about loan growth entering 2022, supported by a healthy pipeline and reduced pay-downs [58][60] - The company is positioned to benefit from a favorable interest rate environment, which is expected to enhance net interest income [80] - Management acknowledged the challenges of integrating the two organizations post-merger but expressed confidence in the collaborative efforts of both teams [75] Other Important Information - The company declared an increase in the quarterly dividend rate to $0.14 per share, up 16.7% from the previous rate [50] - The year-end tangible book value per share was $28.43, reflecting an 11% increase from the prior year-end [50] Q&A Session Summary Question: How does the company view loan growth in 2022 with the merger? - Management indicated a healthy pipeline and expected to carry momentum from Q4 into 2022, aiming for high-single digit growth [58][60] Question: What is the appetite for additional bond purchases versus loan growth? - The company emphasized that loan growth is the priority, with securities purchases being a secondary consideration to manage liquidity [61][62] Question: What are the expectations for expense growth in 2022? - Management noted that while inflationary pressures exist, they aim to maintain a core expense rate around $34 million, excluding one-time merger-related costs [70][72] Question: How is the integration process for the merger progressing? - The integration teams are actively working together, with leadership and project managers in place to ensure a smooth transition [74][75] Question: What drove the record loan origination in Q4? - The increase was attributed to customer acquisition, improved economic conditions, and efforts to pursue larger loan relationships [78] Question: How does the company view asset sensitivity post-merger? - Management expressed confidence in the combined entity's asset sensitivity profile, anticipating benefits from the first rate hikes [80][82]

V cshares, Inc. Fixed Income Investor Presentation Fixed Income Investor Presentation [Month] [Day], 2019 Third Quarter 2021 Investor Presentation September 2019 Safe Harbor Statement and Non-GAAP Financial Measures "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This presentation contains forward-looking statements within the meaning of the securities laws that are derived utilizing assumptions, present expectations, estimates and projections about Allegiance. These stat ...

Financial Data and Key Metrics Changes - Net income for Q3 2021 was $19.1 million or $0.93 per diluted share, compared to $22.9 million or $1.12 per diluted share in Q2 2021 and $16.2 million or $0.79 per diluted share in Q3 2020 [19] - Pretax pre-provision income reached a record of $25.9 million, up from $25.3 million in Q2 2021 and $21.2 million in Q3 2020 [20] - Net interest income increased by $1.6 million or 2.8% to $58.2 million in Q3 2021 from $56.6 million in Q2 2021 [20] - Total non-interest expense rose to $34.3 million in Q3 2021 from $33.6 million in Q2 2021, primarily due to professional fees [24] Business Line Data and Key Metrics Changes - Total core loans, excluding PPP loans, increased by $37.9 million during the quarter, ending at $4 billion [13] - New core loans originated in Q3 2021 amounted to $454 million, surpassing the previous record set in Q2 2021 [12] - Paid-off core loans were $290 million in Q3 2021, compared to $238 million in Q2 2021 [13] Market Data and Key Metrics Changes - Total deposits increased by $234 million in Q3 2021 from Q2 2021 and by $750 million year-over-year [16] - Non-interest bearing deposits to total deposit ratio was 36.7% for September 30, 2021, compared to 36.3% for June 30, 2021 [16] - The Houston Purchasing Managers Index was 59.5 in September, indicating economic expansion [17] Company Strategy and Development Direction - The company aims to grow core loans and improve productivity to handle more growth [9] - There is a focus on expanding relationships and attracting new business, with a healthy mix of internal and external lender additions [12] - The company is exploring larger loan relationships to enhance growth potential [45] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economic conditions in Houston, noting strong customer sentiment and a robust pipeline [31] - The company is positioned well for growth, with a strong capital position and liquidity [9] - Management acknowledged the competitive landscape but highlighted the stability of new loan yields [35] Other Important Information - The allowance for credit losses on loans ended the quarter at $50.5 million, representing 118 basis points of total loans [25] - The company has approximately $10.8 million of net deferred fees remaining related to PPP loans [21] - The tangible book value per share increased to $27.67, a 10.8% rise from the previous year [26] Q&A Session Summary Question: Insights on loan origination drivers - Management expects the trend of improving production to continue, driven by strong economic conditions and effective pipeline management [31] Question: Competitive landscape and pricing pressure - There is significant competition, but the company has managed to maintain stable new loan yields [35] Question: Future margin outlook with PPP forgiveness and deposit growth - The largest dynamic driving margin will be funded core loan growth, which is currently a focus for the company [38] Question: Loan growth potential and origination levels - Management believes they have the pieces in place to accelerate loan growth, targeting mid- to high-digit growth [44] Question: Impact of Fed rate increases on loan portfolio - The company is positioned to benefit from potential increases in Fed funds, expecting improvements in net interest income [82]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____. Commission File Number: 001-38280 CBTX, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ( ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____. Commission File Number: 001-38280 CBTX, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____. Commission File Number: 001-38280 CBTX, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R. ...