First Financial Bancorp. · NASDAQ:FFBC
First Financial Bancorp — Corporate Update (September 2020)
6 slides from First Financial Bancorp's corporate update, Sep 9, 2020
Slide 1: Deferral Portfolio Reporting August 28, 2020
Exhibit 99.1 Deferral Portfolio Reporting August 28, 2020
Slide 2: Round 1 Deferrals
Round 1 Deferrals $2.2 billion of loans received an Round 1 Deferrals by loan type initial deferral Total $2.2 Billion Mortgage Round 1 deferrals universally C&I $103 granted $838 5% 37% Approximately 20% of entire loan Consumer $29 portfolio received an initial deferral 1% $1.3 billion, or 57%, of
Slide 3: Round 2 Deferrals
Round 2 Deferrals Round 2 Deferrals $2.0 billion, or 92%, of the $2.2 Total $625.3 Million billion deferral portfolio has exited Mortgage Round 1 C&I $ 11,138 $ 185,919 2% 30% $1.4 billion, or 69%, has returned to a Consumer normal payment schedule $ 1,347 0% $625 million, or 31%, has moved into Rou
Slide 4: Areas of Focus - Round 1 Deferrals
Areas of Focus - Round 1 Deferrals Franchise Round 1 Deferrals $290 million, or 64%, of Total $2.2 Billion total franchise portfolio, secured a Round 1 deferral Other $1,067 $182 million, or 66%, of 48% expired Round 1 deferrals have returned to a normal payment schedule Franchise $290 13% Hotel ICR
Slide 5: Areas of Focus - Round 2 Deferrals
Areas of Focus - Round 2 Deferrals Franchise Continued stress in sit-down concepts Round 2 Deferrals 80% of second deferrals making interest only Total $625.3 Million payments Hotel Other $170 Slowly improving occupancy rates (25-45%) Franchise 27% 93% of initial deferrals have been granted a second
Slide 6: First Financial Bank
First Financial Bank First Financial Center 225 East Fifth Street Suite 800 Cincinnati, OH 45202-4248 6
First Financial Bancorp — Corporate Update (September 2020) on 6ix