Investor Presentaiton
Credit Loss Trends Excluding Impact of PPP loans (Non-GAAP)
Provision for Credit Losses ($M)
Provision for Credit Losses as % of Adjusted
$21,092
$8,883
$10,802 $13,736
$87,141
2016
2017
2018
2019
2020
$(41,037)
1H2021
Net Charge-offs ($M)
$20,876
$11,062
$11,438
$10,055
$5,530
$1,241
Average Loans (%) (1)
0.69%
0.15%
0.16%
0.14%
0.18%
2016
2017
2018
(0.65)%
2019
2020
1H2021
Net Charge-offs as % of Adjusted Average
Loans (%) (1)
0.17%
0.09%
0.15%
0.12%
0.09%
lili
0.02%
2016
2017
2018
2019
2020
1H2021
2016
2017
2018
2019
2020
1H2021
Atlantic
Note: The Company adopted of ASU 2016-13, Financial Instruments and Credit Losses (Topic 326): Measurement of Credit Losses on Financial 23
Union Bankshares (1) Non-GAAP financial measure; See reconciliation to most directly comparable GAAP measure in "Appendix -- Reconciliation of Non-GAAP
Data as of or for the twelve months ended each respective year except for the first half of 2021, which is the first 6 months ended on June 30, 2021
Instruments on January 1, 2020.
Disclosures"View entire presentation