First Busey Results Presentation Deck
2Q23 Earnings Investor Presentation
High Quality Loan Portfolio: C&I
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I
I
24.3% of total loan portfolio (ex-PPP loans)
All C&I loans are underwritten to 1.20x FCCR requirement and RLOCS
greater than $1 million require a monthly borrowing base
Diversified portfolio results in low levels of concentrated exposure
▪ Top concentration in one industry (manufacturing) is 16% of C&I
loans, or 4% of total loans
Only 2.6% of C&I loans are classified
Majority of manufacturing classified balances are comprised of
two credits ($26 million outstanding) that were downgraded from
special mention to classified during 2Q22 & 4Q22
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Health Care & Social Assistance classified balances declined by
$9.5 million during 2Q23 due to payoff of nursing home credit
Total C&I Loans Trend ¹
$1,912
First Busey Corporation | Ticker: BUSE
2022 Q2
$1,944
2022 Q3
$1,974
2022 Q4
¹ Ex-PPP loan totals include purchase accounting, FASB, overdrafts, etc.
$1,936
2023 Q1
1,899
2023 Q2
C&I Loans by Sector
$ in thousands
NAICS Sector
Manufacturing
Finance and Insurance
Wholesale Trade
Construction
Real Estate Rental & Leasing
Educational Services
Transportation
Health Care and Social Assistance
Ag, Forestry, Fishing, Hunting
Food Services and Drinking Places
Other Services (except Public Admin.)
Public Administration
Arts, Entertainment, and Recreation
Retail Trade
Professional, Scientific, & Tech. Svcs.
Administrative & Support Services
Mining, Quarrying, Oil & Gas Extract.
Waste Management Services
Information
Utilities
Management of Cos. & Enterprises
Grand Total
6/30/23
Balances
(ex PPP)
$297,391
224,801
210,157
187,415
174,136
137,492
102,617
93,313
87,747
75,331
68,763
63,152
55,759
47,157
38,401
16,108
7,059
7,039
3,053
1,129
1,125
$1,899,145
% of Total
Loans
3.8 %
2.9 %
2.7 %
2.4 %
2.2 %
1.8 %
1.3 %
1.2 %
1.1 %
1.0 %
0.9 %
0.8 %
0.7 %
0.6 %
0.5 %
0.2 %
0.1 %
0.1 %
0.0 %
0.0 %
0.0 %
24.3 %
6/30/23
Classified
Balances
$30,629
0
247
929
2,130
92
0
5,683
1,360
7
118
0
217
2,966
2,850
302
1,445
0
0
0
$48,975
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