First Busey Results Presentation Deck
4Q23 Earnings Investor Presentation
High Quality Loan Portfolio: C&I
■
■
23.9% of total loan portfolio
All C&I loans are underwritten to 1.20x FCCR
requirement and RLOCS greater than $1 million require
a monthly borrowing base
First Busey Corporation | Ticker: BUSE
Diversified portfolio results in low levels of
concentrated exposure
Top concentration in one industry (manufacturing)
is 15% of C&I loans, or 4% of total loans
Only 1.7% of C&I loans are classified
Retail trade classified declined by $2.6 million
during 4Q23 due to payoff of one legacy Glenview
State Bank credit that was identified as impaired
during the due diligence process
Total C&I Loans Trend ¹
$1,974
$1,936
$1,899
$1,943
2022 Q4 2023 Q1 2023 Q2 2023 Q3
$1,836
2023 Q4
C&I Loans by Sector
$ in thousands
NAICS Sector
Manufacturing
Finance and Insurance
Real Estate Rental & Leasing
Wholesale Trade
Construction
Educational Services
Agriculture, Forestry, Fishing, Hunting
Transportation
Food Services and Drinking Places
Health Care and Social Assistance
Other Services (except Public Admin.)
Public Administration
Arts, Entertainment, and Recreation
Retail Trade
Professional, Scientific, & Tech. Svcs.
Administrative and Support Services
Mining, Quarrying, Oil & Gas Extract.
Waste Management Services
Information
Management of Cos. and Enterprises
Utilities
Grand Total
2
12/31/23
Balances
$273,221
273,046
222,893
185,218
162,048
129,054
92,481
82,105
76,662
72,668
57,737
56,461
42,999
41,254
33,811
11,747
7,503
4,407
3,300
1,125
565
$1,830,305
% of Total
Loans
3.6 %
3.6 %
2.9 %
2.4 %
2.1 %
1.7 %
1.2 %
1.1 %
1.0 %
0.9 %
0.8 %
0.7 %
0.6 %
0.5 %
0.4 %
0.2 %
0.1 %
0.1 %
0.0 %
14
¹ Ex-PPP loan totals include purchase accounting, FASB, overdrafts, etc. | ² Difference in C&I balances from chart on left primarily attributable to one large technical overdraft that was
subsequently cleared on Jan. 2
12/31/23
Classified
Balances
$16,226
0
1,902
0
828
78
1,269
0
0
5,433
105
0
214
226
2,509
223
1,323
0
0.0 %
0.0 %
23.9 % $30,336
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