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Investor Presentaiton

Well-Positioned Investment Securities Portfolio • We have a well- positioned investment securities portfolio. We have no held- to-maturity ("HTM") securities Our securities portfolio has a short effective duration Period-End Securities Balance ($ millions) $5,000 $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 5.00% $584 $647 $556 $808 $941 $1,006 $1,052 $1,024 $1,024 3.00% 4.00% Total Tax Equivalent Yield 2.66% 2.559 2.56% 2.00% 2.36% $1,500 $1,000 2.06% 1.68% 1.48% 1.00% 1.31% 1.25% $500 $3,199 $3,348 $3,172 $2,902 $2,589 $2,494 $2,375 $2,247 $2,130 S- 0.00% 3021 4021 1022 2022 3022 4022 1Q23 2023 3Q23 Effective Duration* 2.05 2.23 2.64 3.16 3.59 3.63 3.64 3.62 3.79 Convexity* -0.42 -0.63 -0.09 -0.02 0.08 0.05 0.04 0.04 0.12 Securities are a low percentage of total assets Taxable Tax-exempt * Effective duration and convexity data as of the end of each respective quarter. Total Tax Equivalent Yield • At September 30, 2023, our investment securities portfolio was $3.15 billion, a decrease of $0.38 billion, or 10.6%, from September 30, 2022 and $0.12 billion, or 3.3% not annualized, as compared to June 30, 2023. . Our investment securities portfolio contains a number of short-term securities providing us cash flow to reinvest at current interest rates or otherwise redeploy. Principal cash flow from maturities and other principal repayments in the fourth quarter of 2023 is expected to be approximately $0.14 billion, or about 4.3% of the portfolio. Cumulative principal cash flow for the next four quarters through September 30, 2024, is expected to be approximately $0.56 billion, or about 17.3% of the portfolio. • In the quarter just ended, our investment portfolio yield on a fully taxable equivalent basis was 2.66%, an increase of 60 bps from the third quarter of 2022 and 10 bps from the second quarter of 2023. * Effective duration and convexity data as of the end of each respective quarter. 26 Bank OZK
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