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Investor Presentaiton

Net Interest Margin (in thousands) $70,000 $60,000 11.1% 10.1% $50,000 $40,000 $30,000 $20,000 $10,000 $33,920 $37,850 $35,366 $37,159 $38,140 (1) Net Interest Margin = Net Interest Income/Average Yielding Assets excluding Equity Investments STRONG, CONSISTENT NET INTEREST MARGIN - NIM MEDIAN NIM FROM Q1 2017 TO Q4 2020 OF 10.5% 10.3% 10.4% 10.5% $36,322 $41,650 $44,946 9.5% $43,321 $54,103 10.8% 11.0% 10.3% 11.8% 11.6% 11.0% 11.1% $0 Q1-17 Q2-17 Q3-17 Q4-17 Q1-18 Q2-18 Q3-18 Q4-18 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Net Interest Margin (in thousands) Net Interest Margin %(1) Xercules. CAPITAL $54,243 $54,623 $57,293 $51,243 $53,707 $58,142 0% 90 24 14% 12% 10.3% 9.5% 10.5% 9.7% 10% 2% 4% 6% 8% Net Interest Margin (%)
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