First Busey Results Presentation Deck
2Q23 Earnings Investor Presentation
First Busey Corporation | Ticker: BUSE
Non-GAAP Financial Information
This presentation contains certain financial information determined by methods other than U.S. Generally Accepted Accounting Principles (“GAAP”).
Management uses these non-GAAP measures, together with the related GAAP measures, in analysis of the Company's performance and in making
business decisions, as well as for comparison to the Company's peers. The Company believes the adjusted measures are useful for investors and
management to understand the effects of certain non-recurring noninterest items and provide additional perspective on the Company's performance
over time.
A reconciliation to what management believes to be the most directly comparable GAAP financial measures-specifically, net interest income, total
noninterest income, net security gains and losses, and total noninterest expense in the case of pre-provision net revenue, adjusted pre-provision net
revenue, pre-provision net revenue to average assets, and adjusted pre-provision net revenue to average assets; net income the case of adjusted net
income, adjusted diluted earnings per share, adjusted return on average assets, average tangible common equity, return on average tangible common
equity, and adjusted return on average tangible common equity; net interest income in the case of adjusted net interest income and adjusted net
interest margin; net interest income, total noninterest income, and total noninterest expense in the case of adjusted noninterest expense, noninterest
expense excluding non-operating adjustments, adjusted core expense, efficiency ratio, adjusted efficiency ratio, and adjusted core efficiency ratio; total
stockholders' equity in the case of tangible book value per common share; total assets and total stockholders' equity in the case of tangible common
equity and tangible common equity to tangible assets; portfolio loans in the case of core loans and core loans to portfolio loans; total deposits in the
case of core deposits and core deposits to total deposits; and portfolio loans and total deposits in the case of core loans to core deposits-appears in the
appendix of this presentation.
These non-GAAP disclosures have inherent limitations and are not audited. They should not be considered in isolation or as a substitute for operating
results reported in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other
companies. Tax effected numbers included in these non-GAAP disclosures are based on estimated statutory rates or effective rates as appropriate.
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