First Busey Results Presentation Deck
4Q23 Earnings Investor Presentation
Credit Profile Bolstered by Strong Reserves
Reserve to loans of 1.20% (ex-PPP)
Day 1 CECL coverage was 1.06%
I
Non-performing loan balances decreased by $4.2 million QoQ and
$7.9 million YoY
OREO balances total $0.1 million
Continued decline in total NPAs, declining by $4.2 million QoQ and
$8.6 million YoY to end 2023 at $7.9 million
4Q23 reduction driven primarily by payoff of one legacy
Glenview State Bank credit that was identified as impaired
during the due diligence process
Reserves now equate to 1,174% of NPLs and 1,155% of NPAs
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Allowance / NPLs
$ in thousands
$29,507
182%
2019 YE
$24,301
416%
2020 YE
First Busey Corporation | Ticker: BUSE
NPLs
$16,852
522%
2021 YE
582%
$15,740
2022 YE
Allowance/NPLs
1174%
$7,816
2023 YE
Allowance / Loans (ex-PPP)
$ in millions
$6,687
0.80%
2019 YE
$32,564
165%
1.59%
Allowance / NPAS
$ in thousands
2019 YE
$6,368
2020 YE
Ex-PPP Loans
$28,872
350%
2020 YE
NPAS
$7,114
1.24%
2021 YE
$21,268
413%
$7,725
2021 YE
1.19%
Allowance/Ex-PPP Loans
2022 YE
552%
$16,590
2022 YE
Allowance/NPAs
$7,651
L
1.20%
2023 YE
1155%
$7,941
2023 YE
16
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