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Investor Presentaiton

Overview of Luther Burbank Corporation • NASDAQ Listed: LBC Company Headquarters: Santa Rosa, CA • Locations: 10 full service branches in California, 1 full service branch in Washington, 6 loan production offices in California and 1 loan production office in Oregon • • Business Highlights Well-positioned in strategic markets Strict, quality-oriented underwriting and credit monitoring • Maintains a small network of branches with large deposits • Expanding traditional products with newer emphasis on specialty and business deposits Q3 Financial Highlights (1) LBC (11) Branch Footprint D Lynnwood Monroe Sound Edmonds Richmond Shoreline Highlands Washington Sar sa Elk Grove Rohnert Park Vacaville Napa 9 Petaluma Fairfield Paint Novato Vallejo Reyes Goldan Nat Gate Martinez Antioch Concord Stockton Richmond Berkeley Oakland San Francisco Tracy Daly City Sun Pacifica Francisco Northern California Hayward Livermore Pleasanton Union City San Mateo Fremont Redwood City yvale Cupertino Milpitas Kirkland Redmond Silverdale Bremerton Seattle Mercer land Sammamish Shorewood Burien Renton Issaquah North Bend Ventura Kent Covington Santa Clarita Santa Paula Simi Valley Camarillo Oxnard Port Hueneme Thousand Oaks Agoura Hills Burbank endal Southern California The San Gabriel Mountaies Beverly Hi Santa Monica Hawth s Angeles Florence Inglewood Sell Compton Torrance Long Beach Rancho Palos Verdes 0. Rancho Cucamonga Pomona Ontario 37 Fullerton Orange Santa Ana Chino Huntington Beach Mission V # Branch Location Date Established Deposits (1) ($mm) Balance Sheet ($mm) Profitability 1. Santa Rosal Oct. 1983 $1,064.5 Assets $7,922 ROAA (%) 1.10 2. San Rafael Sep. 1996 (3) 559.7 Loans HFI 6,855 ROATCE (%) (2) 12.39 3. Encino Aug. 2007 493.3 Deposits 5,794 Net Interest Margin (%) 2.42 4. Beverly Hills Jul. 2010 385.6 Loans HFI/Deposits (%) 118.3 Efficiency Ratio (%) (2) 33.6 5. Pasadena May 2009 361.3 Capital Ratios Credit Quality 6. Long Beach Jun. 2015 324.9 TCE/TA (%) (2) 8.50 NPAs/Assets (%) 0.05 7. Toluca Lake Jan. 2008 313.4 Leverage Ratio (%) 9.99 ALLL/Gross Loans (%) 0.53 8. Los Altos Aug. 2000 285.8 Total Risk-Based Capital Ratio (%) 19.20 NCOs / Average Loans (%) 0.00 9. San Jose 10. Bellevue Jun. 2012 144.0 Jun. 2018 134.4 (1) Financial data as of or for the quarter ended 9/30/2022. Source: S&P Global and Company Documents. Note: Branch footprint excludes Loan Production Offices. (2) See LBC's Form 8K filed with the SEC on October 25, 2022 for the non-GAAP reconciliation of this measure. (3) Date LBC acquired the branch. 11. El Segundo Specialty Deposits Wholesale Deposits 12. Corporate Office Total Deposits Jan. 2020 91.5 1,295.5 340.5 1,636.0 $5,794.4 WaFd Bank 7
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