Investor Presentaiton
Noninterest Income
37
32
•
Noninterest income increased from prior quarter
• 4Q23 noninterest income included one-time servicing revenues of $3.8 million and $1.1 million gain
from the sale of Visa B stock
• One-time increases were offset by $2.9 million of losses on the sale of investment securities as part of
additional repositioning in the investment portfolio that will be accretive to earnings going forward
•
Noninterest income expected to be in the range of $18.0 - $18.5 million in 1Q24
(in millions)
Notes:
(1)
$33.8
Noninterest Income
$18.8
$15.8
$11.5
$20.5
4Q 2022
1Q 2023
2Q 2023
3Q 2023 (1)
4Q 2023
Wealth Management
Interchange
Service Charges on Deposits
Residential Mortgage
All Other
September 30, 2023 amounts include the impact of the revision stated in the Fourth Quarter 2023 Earnings Release
Midland ◉
States Bancorp, Inc.View entire presentation