Fourth Quarter Highlights
Loan Portfolio Detail (Continued)
As of December 31, 2022
($ in millions)
Energy Detail - Outstanding Balance
($ in millions)
Service
Providers
$220
Portfolio Commentary
Total energy loan loss reserves of 2.1%, or $9.2
million (excluding fair value marks)(1)
51%
$429mm
Total(1)
Reserve-based
$209
49%
$9.5 million, or 2.2% of energy loans, are subject to
fair value marks of $0.3 million in addition to general
and specific loan loss reserves
Energy Detail - Unfunded Commitments
($ in millions)
Portfolio is company-led with only 3 Shared National
Credits (SNC), all of which were originated and
syndicated by Prosperity
Service
Providers
17
(1)
$96
21%
$453mm
Total
Reserve-based
$357
79%
Source: Company Documents
Amount shown net of discount related to purchase accounting; Excludes PPP loans
Portfolio focused on lending on proven producing
reserves and therefore not dependent on ongoing
development
PB
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