First Financial Bancorp. · NASDAQ:FFBC

First Financial Bancorp — Corporate Update (December 2020)

8 slides from First Financial Bancorp's corporate update, Dec 9, 2020

  1. Slide 1: Deferral Portfolio Reporting November 30, 2020

    ® Deferral Portfolio Reporting November 30, 2020 Exhibit 99.1

  2. Slide 2: Loans Under Deferral as of 11/30/20

    Loans Under Deferral as of 11/30/20 $429 million, or 4.6%, of total loans, excluding PPP, remain under deferral $358 million, or 84%, is currently projected for Round 3 (booked and pipeline) $56 million, or 13%, is in Round 2 (booked and pipeline) $15 million, or 3%, remains in Round 1 $76 million,

  3. Slide 3: Round 1 Deferrals

    Round 1 Deferrals $2.2 billion of loans received an initial deferral Round 1 deferrals universally granted Approximately 20% of entire loan portfolio received an initial deferral $1.3 billion, or 57%, of initial deferrals were ICRE $2.1 billion, or 99%, of the $2.2 billion deferral portfolio has exi

  4. Slide 4: Round 2 Deferrals

    Round 2 Deferrals $2.1 billion, or 99%, of the $2.2 billion deferral portfolio has exited Round 1 $1.7 billion, or 79%, has returned to a normal payment schedule $637 million, or 29%, has moved into or through Round 2 Round 2 deferrals Granted on a case by case basis Relationship managers performed

  5. Slide 5: Areas of Focus – Franchise, Hotel, ICRE Retail

    Areas of Focus – Round 1 Deferrals Franchise $279 million, or 64%, of total franchise portfolio, secured a Round 1 deferral $224 million, or 81%, of expired Round 1 and 2 deferrals have returned to a normal payment schedule Hotel $371 million, or 17%, of total Round 1 deferrals $109 million, or 29%,

  6. Slide 6: Areas of Focus – Round 2 Deferrals

    Areas of Focus – Round 2 Deferrals Franchise Continued stress in sit-down concepts 80% of second deferrals making interest only payments Hotel 92% of initial deferrals have been granted a second deferral 20% of second deferrals are making interest only payments; 80% of second deferrals granted full

  7. Slide 7: Round 3 Deferrals

    Round 3 Deferrals $98 million, or 15%, of the $637 million granted in Round 2 deferrals have been granted a Round 3 deferral $69 million, or 70%, is ICRE $29 million, or 30%, is C&I 100% is interest only payments An additional $260 million is currently in the Round 3 pipeline $246 million, or 95%, i

  8. Slide 8: First Financial Bancorp

    ® First Financial Bancorp First Financial Center 225 East Fifth Street Cincinnati, OH 45202

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