First Busey Results Presentation Deck
4Q23 Earnings Investor Presentation
High Quality Loan Portfolio
Loan Portfolio Composition | 4Q23
1-4 Family
Residential
19%
C&D
6%
$7,725
$1,959
$530
$3,262
HELOC
3%
$1,974
Ex-PPP Loans Trends
$ in millions
Other
4%
Total Loan
Portfolio:
$7.7
Billion
Non-Owner
Occupied CRE
32%
2022 Q4
C&I
Commercial
& Industrial
24%
LTM Growth
-1.0%
$7,783
$1,968
$554
$3,325
Owner
Occupied
CRE
12%
$1,936
2023 Q1
CRE
$7,805
$2,012
$532
$3,362
First Busey Corporation | Ticker: BUSE
$1,899
Loan growth has softened in the
current environment
$7,856
2023 Q2
Construction
MRQ Yield on Loans
5.22%
4Q23 Net New Funding Yield
7.40%
Classified Loans / Capital ¹
5.0%
New Originations during 2023
Dec. net new funding yield of 7.47%
(typically a 60-day lag from rate/loan
approval to funding)
Approx. 71% of new commercial
production was due to growth within
existing bank relationships
New CRE-I originations during 2023
had a weighted-avg LTV of 59%
$2,031
$528
$3,354
$1,943
$7,651
$2,016
$462
$3,337
$1,836
2023 Q3
2023 Q4
Retail Real Estate & Other
Loan Portfolio Regional Segmentation
$ in millions
$2,081
$360
Funded Draws & Line Utilization Rate
$1,721
53%
Northern
26%
2022 Q4
$345
$1,628
Florida
6%
51%
Gateway
25%
2023 Q1
Commercial
Line utilization declined $236 million during 2023.
Excluding this decline, LTM loan growth would be
$162 million, or +2.1%
$1,973
$1,915
$347
$1,568
49%
Central
43%
2023 Q2
Retail
$1,934
$344
$1,590
2
49%
3
$1,845
$336
$1,509
48%
2023 Q3
% Utilized (total)
2023 Q4
1 Capital is Bank Tier 1 Capital + Allowance for credit losses | ² Based on loan origination | 3 Excludes credit card & overdraft protection & includes tranche loan commitments/associated sub notes
11
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