Q4 2020 Investor Presentation

Deposits $ in billions Deposit Composition $17.5 1.09% 1.07% 1.02% $16.1 $15.6 $15.0 0.94% $13.5 $13.5 $12.0 $12.5 $10.0 $7.5 $5.0 0.80% $16.6 $740 million increase $16.2 1.15% $17.0 1.05% 0.95% 0.85% 0.75% 0.65% 0.55% 0.45% $2.5 0.44% 0.35% 0.39% 0.34% $0.0 0.25% Q119 Q219 Q319 Q419 Q120 Q220 Q320 Q420 Non-interest Bearing Interest Bearing Transactions Time Deposits Cost of Deposits Interest Bearing Deposit Repricing $ Interest Rates - In March 2020, the Fed reduced the Fed Funds target rate by 150 basis points. Interest Bearing Transaction Deposits – Rates were lowered during the latter part of the first quarter. Time Deposits - Rates were lowered during the latter part of the first quarter. Based on maturities, we expect there will be a continued lag in the impact to interest expense. 15

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