Investor Presentaiton
Investment Portfolio
As of December 31, 2023
• All Investments are classified as
Available for Sale
• Average T/E Yield is 4.16% for 4Q23
Fair Value of Investments by Type
0.1%
10.9%
7.9%
3.0%
6.3%
32
32
• Average Duration is 4.97 years
•⚫ Purchased $93.8 million with T/E Yield
of 7.04%, Sold $24.5 million with T/E
Yield of 1.76% in 4Q23
Investment Mix & Unrealized Gain (Loss)
(in millions)
9.1%
$916 million
62.7%
Treasuries
US GSE & US Agency
MBS agency
MBS non agency
State & Muni
CLOS
Corporate
Investments by Yield and Duration
7.0%
Unrealized
Fair Value
Book Value
Gain (Loss)
6.0%
Treasuries
US GSE & US Agency
$
1 $
1 $
5.0%
73
74
(1)
-
MBS agency
575
650
(75)
MBS non agency
84
87
(3)
Yield
4.0%
3.0%
State & Municipal
57
63
(6)
2.0%
CLOS
28
28
|
1.0%
Corporate
99
110
(11)
Total Investments
$
916 $
1,013 $
0.0%
(96)
Treasuries
US GSE & US Agency
MBS - agency
MBS - non agency
State & Muni
CLOS
Corporate
0 1 2 3 4 5 6 7 8
Duration
Midland ◉
States Bancorp, Inc.View entire presentation