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Investor Presentaiton

CREATING OPERATING LEVERAGE Operating revenue continues to outpace non-interest expense as the Company grows and creates operating leverage and greater efficiencies Operating Revenue vs. Non-Interest Expense $45.0 $40.0 $35.0 $30.0 $25.0 80.0% $39.0 $35.4 75.0% $29.2 $26.0 $22.3 $20.9 68.8% 70.0% 68.8% $20.0 $23.1 $23.3 65.0% $15.0 $19.6 $104 $16.3 $10.0 $7.8 $8.5 $8.9 $6.2 $6.4 $12.9 $13.7 60.0% $5.0 $4.6 $4.7 $5.5 $6.1 $6.6 $7.0 55.0% Efficiency Ratio (2) 74.3% 72.0% 70.0% 67.5% 60.8% 61.5% 62.8% 66.5% 64.7% 59.1% 2020* 50.0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Q1 2021 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Q1 Non-Interest Expense Operating Revenue (1) Source: Unaudited company information, call reports and press releases as of 3/31/2021 Note: All dollars in millions *Annualized 1. 2. Operating revenue = net interest income + non-interest income. Excludes gain on securities Excludes gain on securities and amortization of core deposit intangible 20 20
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