Q4 2020 Investor Presentation
PPP Loans
PPP Round 1 Summary
PPP Loans are assigned a risk weighting of zero percent
Average loan amount $119,000
Smallest loan amount $195
Loan yield 2.74% for fourth quarter 2020 (includes amortization of SBA fee
income net of expenses)
Forgiveness process in place
Original
Balance
# of
12/31/20
Balance
Loans
Loan Balance
($ in millions)
($ in millions)
$50,000 or less
$ 95
5,220
64%
$ 91
Over $50,000 to $350,000
305
2,445
30%
285
$350,000 to Less than $2 million
358
481
6%
315
$2 to $10 Million
218
62
1%
213
Total
$ 976
8,208
100%
$ 905
$
PPP Round 2
System and process in place for Round 2
of PPP
Funding started in January 2021
U.S. Small Business
SBA Administration
Paycheck Protection Program
An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-
19) crisis.
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