Investor Presentaiton

Credit Quality Net Charge-Offs as % of Average Loans 0.30% 0.25% 0.25% 0.20% 0.15% 0.09% 0.10% 0.05% 0.05% 0.00% -0.05% 2Q20 3Q20 4Q20 -0.01% -0.02% 1Q21 2Q21 2Q21 net recoveries of $456 thousand, or 0.02% of average loans, annualized • The quarter benefited from unusually strong Navitas NCOs of 0.13% The quarter also benefited from $326 thousand of C&D recoveries 2020 NCOs of $18.3 million, or 0.17% of average loans $37.0 $33.5 $27.0 $17.0 $7.0 -$3.0 -$13.0 Provision for Credit Losses ($ in millions) $21.8 $2.9 -$12.3 -$13.6 -$23.0 2Q20 3Q20 4Q20 1Q21 2Q21 ✓ The provision for credit losses was negative $13.6 million, reflecting a more favorable economic forecast and credit trends ✓ 2020 included $80.4 million of provisioning due to economic uncertainty caused by the pandemic 17 U UNITED

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