Q2 Quarter 2023

Securities Portfolio: Highly rated portfolio and balance sheet optimization funding source Securities Portfolio by Type Securities Portfolio Summary 47% ■Treasury/Agency ■ MBS/CMO 7% 9% Corporate Bond Portfolio 37% ■States and Political Subdivisions Corporate & Other At June 30, 2023 Yield (FTE)(1) Effective Duration Fixed Rate Municipal 3.23% 13.12 MBS/CMO 2.06 5.24 Treasury/Agency 2.30 8.04 Corporate 4.41 4.14 Other 2.37 7.53 Variable Rate 5.31 0.02 Total 3.06% 7.42 Including the impact of $1B matched swap on certain fixed rate securities, the effective duration of the securities portfolio is reduced to 6.64 Securities Portfolio Bond Ratings $ in millions At June 30, 2023 HTM AFS 26% ■ Fortune 500 - Banks 39% Aaa/AAA $2,123 $2,773 43% 61% 21% Fortune 500 - Other ■Banks >$20B in assets ■Banks <$20B in assets Aa/AA 1,161 526 A 311 106 10% Baa/BBB 158 160 ■Senior Debt Subordinated Debt Not Rated 8 14 Total $3,760 $3,580 Fair value $3,095 $3,580 Securities Portfolio Highlights Continued focus on balance sheet optimization leads to further decline in securities portfolio. Average securities to total earning assets of 30% at 6/30/23 compared to 39% at 12/31/21 Cash flows from principal maturities of securities provides flexibility to fund future loan growth or reduce wholesale funding. Approximately $140 $180 million per quarter of projected principal maturities 95.4% of total portfolio A-rated or higher at 6/30/23 53% of corporate bond portfolio invested in Fortune 500 companies Liquidated certain nonperforming securities at a loss of $391,000 during Q2 23 FTE - fully taxable equivalent using an effective tax rate of 26.135% $ Data presented on this slide is as of June 30, 2023, unless otherwise noted (1) Effective yield of securities portfolio at 6/30/23, excluding AOCI impact of HTM transfers made during Q2 22 14

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