Slide 1: First Financial Bancorp Second Quarter 2011 Earnings Release Supplemental Information
fiRST first financial bancorp First Financial Bancorp Second Quarter 2011 Earnings Release Supplemental Information reverts
Slide 2: Forward-looking statements
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Slide 3: Pre-tax, pre-provision income reconciliation
For the three months ended Pre-tax, pre-provision income * 32,845 29,768 33,631 37216 Accelerated discount on acquired loans related to: Loan sales 39 3,085 - 362 - Prepayments ari 2.098 6113. 9,086 7.408 Total accelerated discount 4.786 5.783 6113 9.448 7,408 Plus: loss on covered OREO? 2,624 3412
Slide 4: Low Risk Balance Sheet
fiRST first financial bancorp Low Risk Balance Sheet Stress Case Total Assets by Risk Weighting % iustrates the strength of our balance sheet assuming afl charge-of ofa acquired loans under FDIC loss share agreements and a full charge-off of all ‘AS of tune 30; 2081 Uncovered non-performing loans {D
Slide 5: Strategic and acquired-non-strategic definitions
fiRST first ancial bancorp "Strategic — Elements of the business that either existed prior to the acquisitions or were acquired with the intent to retain and grow. On a reported basis, approximately 68% of total revenue is derived from strategic businesses. Not including the FDIC loss sharing income
Slide 6: Noninterest Income and Expense
fiRST Noninterest Income and Expense first financial bancorp Components of Noninterest Income Components of Noninterest Expense For the Three Months Ended June 30, 2011 For the Three Months Ended June 30, 2011 {Dollars in millions) (Dollars in millions) Strategic Strategic |aFDIC Loss Sharing income
Slide 7: Deposit and Loan Composition
fiRST first financial bancorp Total Deposits = $5.0 billion As of June 30, 2011 (Dollars in millions) $147 3% Strategic Deposit and Loan Composition Gross Loans = As of June 30, 2011 (Dollars in milions) 1 Acquired-Non-Strategic = Western market (acquired-non-strategic) branch exit is complete; acqu
Slide 8: Second Quarter 2011 Loan Valuation
fiRST first financial bancorp Second Quarter 2011 Loan Valuation = The majority of the loans acquired as part of the FDIC-assisted transactions are accounted for under ASC Topic 310-30 which requires the Company to periodically update its forecast of expected cash flows from these loans. = Asa resul
Slide 9: Gross credit losses and FDIC loss share income
For the three months ended Dollars in thousands Net incremental impairment for period Net charge-offs Provision for loan and lease losses - acquired Loss on sale - covered OREO Total gross credit losses p— June 30, 2011 Description $19,489 ———> Reduction in expected cash flows related to certain loa
Slide 10: Tables from Second Quarter 2011 Earnings Release
fiRST first financial bancorp Tables from Second Quarter 2011 Earnings Release
Slide 11: Noninterest Income (Table I)
ancorp Noninterest Income Table | For the Three Montne Enda Tress, Marcha. te 0, (ovars nmoueena 2a Ean 210 “otal noninerast income 3 4118 8 43658 S$ 40487 ‘Signicartcorsgenents of nanintrest incom ems Keli ‘Acoelerated discount an covered loans "? are 5788 7.408 FIC loss sharg income pine 2438 16,1
Slide 12: Noninterest Expense (Table II)
Noninterest Expense ‘otal excusing tems noted above Table For the Three Montne Ende Tress, Marchi, re 0, (cosas ntoucerae zor zor 2310 “Total noninerest exoanse: east 3 a7 700 sea ‘Sigaicant components of rainterest expense tems aly to rue Acquied.non strategic operating expenses! 2872 aon 4270 “ran
Slide 13: Credit Quality — Excluding Covered Loans
Credit Quality — Excluding Covered Loans Table ill ‘As of or for the Tze Months Ended Tanes0, Meh 31, December 31, September30,_June 35, (Bola in nousanas ont eal 2010 2010 2at0 “otal nonaccnal oars S $058 Senos § ezsen§ OBST esart Resrustured loans vaso ree iret 13.208 ware “otal nongestorming loan
Slide 14: Table IV
Table IV Aso eee Te 31 2071 ere eT Percent Pecans oo (Gorarsn mousanas) Balance cf Tol Salanoe of Total Balers of Total Commercial 3 7O3H62 288% «STEHT © Ee S| THBEZD 28.80 Fal estate - constuction uae 5.1% 14s2e 62% yee 71% Fea! esta commercial 1.148.306 41056 jistace 407% 1.113.808 39.0% Fal estat
Slide 15: Investment Portfolio
first financial bancorp Investment Portfolio Table V As of June 30,2011 Took Peete Bok Coat Tare cea sPovarsn navsansy vaiue “otal veld Bose Value oss) Agencies 3 5A7 a8 549 00.00 10267 “0 (Cos (agency) e45;982 saa 202 10423 01.08 4400 (CMs (poate) 7 0% oer 00.00 10021 - MBSs (agency) e1o01 281% 348
Slide 16: Deposit Activity
Deposit Activity Table VI Deposit Activity - Second Quarter 2011 Guana ao ‘Acted BalonoeasoF March 31. Strategie Non Sirstegio “June 30. {Soars in tousands) zo Fenfoio onto 2011 ‘Transaction and savings accounts, © $3.514.268 (7240) 4200) § 3.202.507 “Time depesis 1.500.008 eases) (2431) 120731 ‘Bro
Slide 17: Capital Ratios
Capital Ratios Table Vi sot Tres, March =, Tanes0—"Wet-Capitaizeat ant 20 2010 inion Leverage Ratio 11.1% 11.0656 fed 5.00% Tier 1 Capital Ratio 20.18% 2040% 181% 00% ‘Total Risk-ssed Capital Ratio 21.43% 2177 104% sa.00% Ensing tangle sharenelders' equlty tw ending tangible assets 1% 10.40% esi NA
Slide 18: Significant Acquisition Related Items
Significant Acquisition Related Items ‘Another step on the path to success 18
Slide 19: Table IX
Table IX Legsey and orginstd loan portfolio Acquired loan posto accounted for under ASC Topic 21.00" Acquired loan postfoio accounted for under FAS 01? FDIC inderniesion asset” Teta) + Future yield agustments subject o change based on reared, eros valuston procedures * includes loans wth revolving p
Slide 20: Covered Loan Portfolio
first financial bancorp Covered Loan Portfolio Table x Covered Loan Avi - Second Gunter 2011 ‘Reduction n Reco investment Oust March 21, Frepayrerss/ Conca et Tass she 20, oor russ) 2011 Sales Renewals coviy' Charges? Coverage Removed 2011 Commerc ee ee - 8 ene Peal estate constuction 44760 - 2437 (
Slide 21: Another step on the path to success
fiRST first financial bancorp Another step on the path to success ‘aA, ae