Investor Presentaiton slide image

Investor Presentaiton

Credit-Oriented Culture Asset Quality Remained Strong at Q1 2023 • Total delinquencies remain low at 0.41% of total loans. BAR HARBOR BANKSHARES • Non-accruing loans were relatively steady at 0.26% of total loans at Q1 2023 2023 Q1 reflects a nominal net charge-off position. • Q1 2023 allowance for credit losses remains well-funded at 0.90% of total loans and 341% of non- accruing loans • Continue to maintain $0 in Bank- owned Real Estate (OREO) from foreclosure activity • Pass Rated loans ratio steady at 97%, with positive external feedback on ongoing credit administration Delinquent & Non-performing Loans / Total Loans Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 1 Accruing Delinquent 0.25% 0.12% 0.10% 0.09% 0.27% Loans Non-Accruing Loans 0.35% 0.29% 0.27% 0.23% 0.26% Total Delinquent and Non-Accruing Loans 0.60% 0.41% 0.37% 0.32% 0.53% and portfolio management 1 The increase is primarily a function of timing given the 31st day lands on a business day and a group of customers typically make payments about 30 days in arrears which become reportable as overdue. Accordingly, we do not believe the increase is an indication of deteriorated credit quality. 19
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