Investor Presentaiton
Valuable Deposit Mix
2Q21 Total Deposits $16.3 billion
Savings
7%
24%
MMDA
Time
9%
38%
DDA
Quarter Highlights
✓ Total deposits were up $335 million, or
8% annualized from 1Q21 and up $3.6
billion, or 29% YOY
•
Excluding Seaside, total deposits were up
$1.8 billion, or 14% YOY
✓ Core transaction deposits were up $432
million, or 14% annualized from 1Q21
and up $3.4 billion, or 37% YOY
.
Excluding Seaside, core transaction
deposits were up $2.1 billion, or 23% YOY
✓ Cost of deposits was down 5 bps to
0.09% in 2Q21, driven by continued
noninterest bearing deposit growth, CD
maturities and deposit rate cuts
22%
NOW
Note: Core transaction accounts include demand deposits, interest-bearing demand, money market and savings accounts, excluding public funds
deposits
11 U
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