Q2 Quarter 2023 slide image

Q2 Quarter 2023

Non-GAAP Reconciliations $ in thousands, except number of employees (FTE) Calculation of Total Revenue Excluding Securities Gain (Loss) and Adjusted Total Revenue Q2 Q3 2022 2022 Q4 2022 Q1 2023 Q2 2023 Net Interest Income (GAAP) $ Noninterest Income (GAAP) Total Revenue Less: Gain (loss) on sales of securities 185,099 40,178 225,277 $ Total Revenue, excluding securities gain (loss) (non-GAAP) $ (150) 225,427 193,585 43,023 236,608 (22) $ $ 236,630 $ 193,026 44,647 237,673 (52) 237,725 $ 177,835 45,835 223,670 $ 163,230 44,980 208,210 (391) $ 223,670 $ 208,601 Total Revenue, excluding securities gain (loss) (non-GAAP) $ Less: Branch right sizing income 225,427 (88) $ 236,630 $ 237,725 $ 223,670 $ 208,601 (65) Less: Gain on sale of intellectual property 750 Less: Loss from early retirement of TruPS Less: Gain on insurance settlement Adjusted Total Revenue (non-GAAP) Employees (FTE) Total Revenue per Employee (FTE) (365) $ 225,515 $ 236,310 $ 4,074 233,651 $ 223,670 $ 208,601 3,233 3,206 3,236 3,189 3,066 $ 69.68 $ 73.80 $ 73.45 $ 70.14 $ 67.91 Adjusted Total Revenue per Employee (FTE) $ 69.75 $ 73.71 $ 72.20 $ 70.14 $ 68.04 Calculation of Adjusted Noninterest Income and Adjusted Noninterest Income Excluding Securities Gain (Loss) Noninterest Income (GAAP) $ Less: Branch right sizing income Less: Gain on sale of intellectual property Less: Loss from early retirement of TruPS Less: Gain on insurances settlement Adjusted Noninterest Income (non-GAAP) 40,178 (88) $ 43,023 $ 44,647 $ 45,835 $ 44,980 (65) 750 (365) 4,074 $ 40,266 $ 42,703 $ 40,573 $ 45,835 $ 44,980 Adjusted Noninterest Income (non-GAAP) $ 40,266 $ 42,703 $ 40,573 $ 40,835 $ 44,980 Less: Gain (loss) on sale of securities (150) (22) (52) (391) Adjusted Noninterest Income, excluding securities gains (losses) (non-GAAP) $ 40,416 $ 42,725 $ 40,625 $ 40,835 $ 45,371 FTE Full time equivalent $ 32
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