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Investor Presentaiton

Abundant Liquidity Access • · • Liquidity Access (as of May 12, 2020) Loan growth funded through core deposits Access to $12.9Bn of liquidity $9.8Bn in unused borrowing capacity - Federal Reserve: $2.1Bn - FHLB: $4.4Bn Correspondent banks: $1.4Bn - Unused PPP lending facility: $1.9Bn $2.5Bn unpledged marketable securities Cash of $580MM Investment Portfolio (as of March 31, 2020) Total Carrying Value of Investment Portfolio ($4.7Bn) 96.3% of the rated portfolio is investment grade Corporates, Preferreds, 1.9% 1.7% Other, 2.7% Agency CMBS, 2.2% Low Income Housing Tax Credit, 8.0% Low Income Housing Tax Agency MBS/ CMOS, 31.7% WA Exempt, 10.9% Munis, 15.9% Private Label CMOS, 25.0% 27
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