Investor Presentaiton
CREDIT QUALITY TRENDS
SP Hospitality, 12%
SP Mini Storage, 3%
OO Skilled Nursing, 1%
OO Office/Indust/Retail/Mix,
17%
OO Athletic Clubs, 2%
Non-OO Retail, 15%
March 31, 2021
CRE Portfolio
Farmland, 2%
Multifamily, 15%
Strong LTV and DCR ratios will
support CMRE portfolio
(data as of January 31, 2021 stress test)
Source: Unaudited company information
Non-OO Indust/WH, 5%
Non-OO Mixed Use, 7%
Non-OO Office, 14%
Non-OO Other, 6%
DCR
LTV
Non-OO Indust/WH
1.76
50%
Non-OO Mixed Use
2.19
48%
Non-OO Office
2.07
47%
Non-OO Other
2.37
49%
Non-OO Retail
1.68
47%
SP Hospitality
2.25
56%
Other, 60%
March 31, 2021
C&I Portfolio, including PPP
Restaurants (incl.
Limited Service), 17%
Hotel Operators, 6%
Site Preparation
Contractors, 4%
Other Specialty Trade
Contractors, 4%
Offices of Lawyers, 3%
Architectural Services, 2%
Water Supply & Irrigation Systems, 2%
New Car Dealers, 2%
PPP loans are included in their applicable category.
Approximately 62% of the 'Other' in C& I
represents PPP loans.
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