Slide 1: Busey: Your Dream. Our Promise.
Busey Your Dream. Our Promise.
Slide 2: Special Note Concerning Forward-Looking Statements
Special Note Concerning Forward-Looking Statements Statements made in this report, other than those conceming historical financial information, may be considered forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condi
Slide 3: Busey's History & Heritage
Busey’s History & Heritage Our promise began when we first opened our doors in 1868. Our founders were leaders that understood the significance of economic prosperity and the importance of bettering the community. They offered more than a bank—they enabled a means to grow businesses, build homes and
Slide 4: History timeline and company overview
y Corporation Is an approxima $5.4 billion financia’ holding company, headquartered in Champaign, Ilincis—providing ¢ full range of financial services to more than 107,000 households. Van A. Dukeman, President & as50% EO, end the executlv end remain dedicat: Is fulfilled for eech of our 4 Pillars—cs
Slide 5: 2017 Focus: Culture, Balance Sheet Strength, Organic Growth
2017: • Focus on Culture • Balance Sheet Strength • Maintain Organic Growth • Capitalizing on St. Louis • Entry into Suburbs of Chicago • Strengthening Our Peoria Presence • Organic Focus on Indianapolis 5
Slide 6: Service Excellence in Everything We Do for Our Pillars
Service Excellence in Everything We Do for Our Pillars Your Dream. Our Promise. You have big dreams. Busey promises to help you realize those dreams. Busey Promise: We are Busey. At Busey, it’s not just Supporting the arts, We’re proud to give back to our about doing business. But doing good… advoca
Slide 7: Busey Summary
Busey Summary - Founded in 1868 – Same Name, Same Charter - Built on Numerous Acquisitions in Central Illinois - Core Banking - Busey Bank - $5.4 Billion - 28 Illinois Branches, 1 Indianapolis, 5 Southwest Florida, 13 Branches in St. Louis MSA - Wealth Management – $5.5 Billion Assets Under Care - B
Slide 8: Balance Sheet Strength
Balance Sheet Strength - Balance Sheet Strength, Profitability and Growth . . . In that Order 161% - Asset Quality Solid – Q1 2017 - ALL to Loans – 1.25% - ALL to NPLs – 232.3% - Classified Assets Ratio – 16.4% - NPL Largely Consist of Three Credits 5Y Total Return of BUSE1 - Strong Capital Base – Q
Slide 9: Balance Sheet Strength: Deposits
Balance Sheet Strength - Balance Sheet Strength, Profitability and Growth . . . In that Order - Solid Core Funding Base - Q1 Cost of Deposits – 19 bps - 27% Non-interest Bearing Deposits $3,500 0.50% 0.44% 0.45% $3,000 0.40% $2,500 0.35% $2,279 $2,451 MILLIONS $2,000 $3,038 0.30% 0.25% 0.25% $1,500
Slide 10: Loan Growth
Loan Growth - Strategic Investment in 2011 and 2012 into Commercial Organic Growth - Compounded Annual Growth Rate 6.6% Ex Acquisitions - Herget All Cash Acquisition, Contributed $90 Million in Loans in 2015 - Pulaski Contributed $1.2 Billion in Portfolio Loans in 2016 - Seasonal Q1 Annual LQ Declin
Slide 11: Non-Interest Income
Non-Interest Income - 31.3% of Total Revenue is Non-Interest Income1 - 11.3% Revenues from Wealth Management - 4.7% Revenues from FirsTech - Busey Wealth Management2 Security $1,232 Other - $23.8 Million Revenue3 Gains $4,336 Wealth - $7.3 Million Pre-tax Margin Mortgage Management $23,141 $11,952 -
Slide 12: Earnings Growth
5 Year Earnings Growth Net Income Earnings Per Share $60 Investment In $1.60 Commercial Banking $1.40 $1.40 $50 $1.32 $1.20 MILLIONS $40 $1.10 $1.00 $30 $0.86 $0.80 $0.65 $0.60 $20 $0.40 $10 $0.20 $- $- 2012 2013 2014 2015 2016 Source- Company SEC filings 12
Slide 13: First Community and Mid Illinois Overview of Transactions
First Community and Mid Illinois Overview of Transactions 4
Slide 14: Transaction Rationale
Transaction Rationale • Franchise extension into attractive and contiguous markets • Established commercial banking platform with cross-sale opportunities for all of BUSE product offerings, including wealth management FCFP • Diversified and clean loan portfolio with strong commercial balances (C&I r
Slide 15: Overview of Recent Acquisitions
Overview of Recent Acquisitions Overview of First Community Overview of Mid Illinois • First Community Financial Partners, Inc. (NASDAQ: FCFP) was formed as a bank holding company • Mid Illinois (South Side) has provided banking and financial services to the Peoria area in 2006 community since 1922
Slide 16: Transaction Terms & Details
Transaction Terms & Details First Community Mid Illinois (South Side5) • $235.8MM • $133.2MM6 Aggregate Deal Value / Consideration Mix / • Approximately 90% stock and 10% cash for FCFP common shares • Approximately 70% stock and 30% cash6 Transaction Financing • $34.6MM cash consideration to be fund
Slide 17: Pro Forma Franchise
Pro Forma Franchise First Busey Pro-Forma1 Branch Map BUSE (61) Assets (bn) $7.4 South Side (13) Loans (Excl. HFS) (bn) $5.2 FCFP (9) Deposits (bn) $6.0 Net Income (mm) $68 AUM (bn) $6.0 Branches 2 75 Top First Busey Markets # of Deposits in Market Rank MSA Branches Mkt ($MM) Share 1 Champaign 18 $1
Slide 18: Successful Acquirer & Integrator
Successful Acquirer & Integrator First Busey has announced four transactions since 2014, expanding into the Chicago and St. Louis markets and adding over $3.7 billion in assets. Announced Announced Closed Closed Transaction Date March 2017 February 2017 April 2016 January 2015 Assets $665 $1,268 $1,
Slide 19: Indianapolis
Indianapolis - Presence in Indianapolis for Over 20 Years - $250MM + In Loans - $40MM Deposits - Hired Experienced Market President April 2016 - First Full Service Location July 2017 19