Tibb Special Meeting Of Shareholders

Special Meeting of Shareholders Wednesday, September 23, 2009 Marriott Key Largo presented by

Thomas J. Longe Vice Chairman, Chief Executive Officer & President TIB Financial Corp.

Except for historical information contained herein, the statements made in this presentation constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements involve certain risks and uncertainties, including statements regarding the Company’s strategic direction, prospects and future results. Certain factors, including those outside the Company’s control, may cause actual results to differ materially from those in the “forward-looking” statements, including economic and other conditions in the markets in which the Company operates; risks associated with acquisitions, competition, seasonality and the other risks discussed in our filings with the Securities and Exchange Commission, which discussions are incorporated in this presentation by reference.

2

TIB Financial Corp. is the third largest publicly traded bank holding company in Florida. (NASDAQ: TIBB)

Subsidiaries

3

Economic Conditions Median Home Value

Unemployment Rate

Source: US Census Bureau, American Fact Finder. National Association of Realtors

Source: Bureau of Labor Statistics

4

Economic Conditions GDP Annualized Growth Rate

Personal Consumption Annualized Growth Rate

Source: Bureau of Economic Analysis

5

Source: Bureau of Economic Analysis

Economic Conditions Stock Market Wealth ($8 trillion loss from peak)

Consumer Sentiment Source: WSJ

6

Source: University of Michigan

Economic Conditions Prime Rate

Source: WSJ

7

Company Overview • One of the oldest community banks in Florida; established in 1974 in Islamorada. • Founded on the principle of providing exceptional attention to the needs of our customers. • Headquartered in Naples, Florida, with $1.8 billion in total assets. • Now operates in 28 locations in 5 Florida counties with ~ 60,000 customers and 125,000 accounts. • We are “well-capitalized,” safe, and sound. • Our focus is on quality service to locally-based businesses, individuals, and families. 8

Current Franchise Overview • 3rd Largest Publically Traded Bank Holding Company Headquartered in the State of Florida. • Largest community bank in the Florida Keys, Cape Coral, and Venice. • 24% of market share in the Florida Keys. • Increasing market share and presence in Southwest Florida. • 28 Locations. • Florida Keys (9) • Homestead (2) • Collier County (3) • Lee County (9) • Sarasota County (5)

9

Financial Highlights ($ in millions) $2,100

Net Income $15 $10

9.2 7.2 4.7

$5

-2.4

-4.2

-21.1

-4.9

$0

1,610.1 1,444.7 1,319.1

$1,200

-$5

$900

-$10

$600

1,797.1

36%

$1,500

5.2

5.1

Asset Growth

$1,800

1,076.1 829.3 669.3 392.1

-$15

494.1

439.3

567.1

$300 1999

-$20

2000

2001

2002

2003

2004

2005

2006

2007

2008 Q2 2009

-$25 2002

$1,400 $1,200

2003

2004

2005

2006

2007

2008

Q1 2009 Q2 2009

1,223.3

1,238.4

$900

1,063.9

687.9

882.4

553.8

$600

$800 653.5

346.9

538.6

$600

1999

379.1 290.6 315.6

2000

2000

2001

As of 06/30/2009

$200 1999

392.4 415.7

2001

2002

2003

482.7

$300

441.7

10

1,135.7 1,029.5 1,050.0 920.4

1,127.7

$1,000

$400

1,394.8

35%

Deposit Growth

$1,200

16%

Loan Growth

$1,500

2004

2005

2006

2007

2008

Q2 2009

2002

2003

2004

2005

2006

2007

2008

Q2 2009

Strategic Positioning • To maximize shareholder value, we are managing the company over a 5-10 year horizon to be the premier community banking institution in all of our markets. • Focusing on middle market commercial banking. – Owner-operated commercial real estate. – Financing operating business. – Underwriting based on cash flow.

• Investing to diversify our revenue sources. • Expanding our portfolio of products and services to serve our affluent markets. • Optimizing our organic opportunities and enhancing financial performance.

11

Y-T-D Q2 ‘09 Performance

12

Y-T-D Q2 ‘09 Performance • Consumer lending department is also seeing improvement in the indirect portfolio which is now approximately $63 million. Delinquencies, non-accruals and charge-offs are down, with further improvement anticipated throughout the remainder of 2009. • In general, pipelines for new business in Commercial Lending, Residential Lending, Naples Capital Advisors and Private Banking are larger than any time in the past 12 months. • Lower interest rates provide great opportunity to improve the net interest margin that could dramatically improve profitability. • Discretionary expenses are down resulting in hundreds of thousands of dollars in savings.

13

Significant Developments

14

•

Acquired Naples Capital Advisors and now provide Wealth Management Services Private Banking and Trust Services.

•

Completed a state-of-the-art data center delivering bank and technical services to our customers and employees typically not found at a bank of our size.

•

Strategic Partnership – raised $10.1 million from two leading Florida families and their related business interests.

•

Received $37 million of perpetual preferred stock investment by the U.S. Treasury Department’s Capital Purchase Program.

•

Assumed $317 million of deposits and operations of nine Riverside Bank of the Gulf Coast offices. Significantly enhanced our market presence in Ft. Myers and Venice and provided a strong entrance into the contiguous Cape Coral market. As of August 31, 2009, 88.8% of those deposits have been retained.

Significant Developments

15

•

Implemented a 3-year training program to improve TIB’s sales culture.

•

Entered a memorandum of understanding with regulators on July 2, 2009, agreeing to move in good faith to raise its capital ratios to the higher levels by Dec. 31, 2009. TIB Bank’s Tier 1 leverage capital ratio was 6.5 percent and its total risk-based capital ratio was 10 percent.

•

Integrated Bank of Venice in September 2009, providing synergy, renewed marketing focus and economies of scale to the organization.

Peer Comparison as of 6/30/09

Non-Performing Loans

Percentages represent company’s non-performing loans to total loans.

Orion - Orion Bancorp BOFL - Bank of Florida Corporation FLRB - Florida Community CCBG - Capital City Bank Group SBCF - Seacoast Banking Corp Florida CSFL - Center State Banks of Florida TIBB - TIB Financial Corp

16

Non-Performing Assets

Percentages represent company’s non-performing assets to total assets.

Peer Comparison as of 6/30/09

17

Common Stock Proposal ƒ To increase authorized shares from 40,000,000 shares to 100,000,000 shares to facilitate the Company’s ability to raise additional capital and for other corporate purposes, which will allow us to fulfill a requirement of the MOU.

18

Capital Raise Description Target Capital Raise: $50-70 million

19

Key Future Objectives Our major focus is to: • Improve earnings, capital ratios and manage the Bank in a safe and sound manner. • In addition, provide long term superior shareholder returns. Long term goal is to strive for: • Return on Assets to exceed 1%. • Return on Equity to exceed 12%. • Net Interest Margin to exceed 3.50%. • Total Assets of approximately $2.5 billion with a 28-30 branch network.

20

Key Future Objectives • Improve our operating performance and efficiency through the merger of The Bank of Venice into TIB Bank, reduce leased office space utilized by operations personnel and continually improve our operating expense management. • Adhere to safe and sound credit standards to maintain the quality of assets as we continue to execute our growth strategy. • Improve our asset quality and reduce the level of non-performing assets through continued close monitoring of the loan portfolio and collection and resolution efforts for non-performing assets. • Maintain a strong core deposit base to provide funding for lending and on balance sheet liquidity to respond to potential market disruption and volatility. • Continue to reduce our exposure to construction and land development loans.

21

Key Future Objectives • Increase our net interest income and net interest margin through

disciplined loan and deposit pricing, focusing on the generation of new relationship based loans and deposits, enhance our generation of lower cost transaction accounts, utilize the Riverside deposits to fund new loans and maintain effective interest rate risk management. • Continue to expand and diversify non-interest income revenue sources through the expansion and continued development of private banking, wealth management and Naples Capital Advisors, Inc. • Enhance our market presence and market share in our existing Southwest Florida markets through business development and marketing and opportunistic expansion through new offices or acquisition. • Originate consumer loans principally on a direct basis to consumers with prime credit to diversify our sources of loans and revenue, enhance our interest margin and continue to deemphasize the origination of auto loans on an indirect basis through auto dealers. 22

23