Slide 1: Third Quarter 2016 Earnings Presentation
THIRD QUARTER 2016 EARNINGS PRESENTATION OCTOBER 20, 2016
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Important note regarding forward-looking statements: Statements made in this presentation which are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statements regarding management’s
Slide 3: Third Quarter Update
THIRD QUARTER UPDATE Net income available to common equity of $52 million, or $0.34 per common share 2 Enhanced Customer Experience Implemented WiFi and instant EMV chip card issuance capabilities in all branches 33% increase in mobile customer sign-ons year over year Two new branches in Chica
Slide 4: Loan Portfolio Trends
($ in millions) $1.4 $1.4 $1.4 $1.4 $1.4 $5.7 $5.8 $5.9 $6.1 $6.3 $4.3 $4.4 $4.5 $4.7 $4.9 $7.1 $6.9 $7.1 $7.5 $7.6 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 Home equity & Other consumer Residential mortgage Commercial real estate Commercial & business ($58) ($19) ($17) $39 $61 $78 $125 $202 CRE Inves
Slide 5: Deposit Portfolio Trends
$1.6 $1.6 $1.6 $1.5 $1.6 $1.4 $1.4 $1.4 $1.4 $1.4 $9.5 $9.5 $9.4 $8.7 $9.1 $3.2 $3.2 $3.2 $3.6 $4.2 $4.6 $5.0 $5.0 $5.0 $5.2 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 Time deposits Savings Money market Interest-bearing demand Noninterest-bearing demand Money market 43% Savings 7% Time deposits 7% Noni
Slide 6: Credit Quality Trends
CREDIT QUALITY TRENDS ($ IN MILLIONS) $180 $178 $251 $281 $270 $84 $124 $150 $176 $171 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 Oil and Gas $134 $158 $157 $154 $163 $13 $20 $129 $129 $127 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 Oil and Gas Potential Problem Loans Nonaccrual Loans Net Charge Offs (Rec
Slide 7: Oil and Gas Update
OIL AND GAS UPDATE Shared National Credit Review: 100% complete and results are fully reflected in 3Q 2016 New business: Since 4Q 2015, we have funded 12 new credits with $253 million of commitments and $148 million of outstandings, representing 21% of the 9/30/16 outstandings 6 $587 $522 $402 $
Slide 8: Net Interest Income and Margin Trends
$170 $169 $171 $176 $178 $1 $2 $1 $1 $1 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 Interest recoveries, prepayment fees, & deferred fees Net interest income net of interest recoveries, prepayment fees, & deferred fees Net interest margin 2.82% 2.82% 2.81% 2.81% 2.77% 0.00% 0.50% 1.00% 1.50% 2.00% 2.50%
Slide 9: Noninterest Income Trends
$7 $8 $4 $4 $9 $9 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 Portfolio loan sales NONINTEREST INCOME TRENDS ($ IN MILLIONS) Mortgage Banking (net) Income $64 $63 $65 $67 $65 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 Fee-based revenue 1 – Fee-based revenue = A non-GAAP financial measure, is the sum of tru
Slide 10: Noninterest Expense Trends
$101 $100 $101 $102 $104 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 Personnel $21 $20 $20 $20 $19 3Q 2015 4Q 2015 1Q 2016 2Q 2016 3Q 2016 NONINTEREST EXPENSE TRENDS ($ IN MILLIONS) Technology and Equipment 1 – FTE = Average full time equivalent employee Please refer to Noninterest Expense as presented