Investor Presentaiton
Deposit Trends
Balance
($ in millions)
3Q22
4Q22
Avg Cust.
Balance
Avg Cust.
Balance
($ in millions)
Balance
Business DDA
$5,310
$60,184
$4,778
$54,028
Business All Other
$2,371
$186,344
$2,281
$178,636
PersonalDDA
$3,912
$12,129
$3,771
$11,629
Personal All Other
$6,380
$32,723
$6,437
$33,094
Public
$2,129
$729,473
$2,440
$848,230
Brokered & Other
$220
N/A
$169
N/A
Total
$20,321
$32,704
$19,877
$31,911
•
Business deposits decreased $622 million from 3Q22, primarily due to a
$532 million decrease in Business DDA deposits
The Business DDA outflow was driven by a combination of asset purchases, owner
distributions, tax payments and movement into higher yielding accounts, both inside
and outside of the bank
✓ Personal deposits decreased $84 million from 3Q22, primarily due to a $141
million decrease in Personal DDA deposits
•
The Personal DDA outflow was primarily a result of individuals seeking higher rates
for their excess liquidity, with more than half that moved into higher yielding accounts
at United
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