Exhibit 99.2
Selected Financial Data (in thousands except number of employees) | 3/31/2024 | 12/31/2023 | 3/31/2023 | |||||||||
Scheduled CD maturities for subsequent quarter | $ | 358,069 | $ | 296,905 | $ | 156,886 | ||||||
Average rate scheduled CD maturities for subsequent quarter | 4.53 | % | 4.02 | % | 2.38 | % | ||||||
Average loan rate - loan originations/renewals QTD (excludes fees) | 8.05 | % | 8.31 | % | 7.88 | % | ||||||
Cost of total deposits, Qtr-End | 3.20 | % | 3.24 | % | 2.31 | % | ||||||
Cost of interest-bearing DDAs, Qtr-End | 3.96 | % | 4.01 | % | 3.12 | % | ||||||
Cost of interest-bearing deposits, Qtr-End | 4.01 | % | 4.04 | % | 3.08 | % | ||||||
Noninterest bearing DDA balances, Qtr-End | $ | 2,627,639 | $ | 2,643,101 | $ | 2,898,736 | ||||||
Reserve for unfunded commitments, Qtr-End | $ | 742 | $ | 575 | $ | 575 | ||||||
Credit card spend QTD | $ | 255,839 | $ | 267,529 | $ | 259,592 | ||||||
Credit card net income QTD | $ | 2,155 | $ | 2,004 | $ | 1,689 | ||||||
Merchant services fees QTD | $ | 508 | $ | 585 | $ | 455 | ||||||
Mortgage banking income QTD | $ | 678 | $ | 792 | $ | 442 | ||||||
FDIC insurance QTD | $ | 1,850 | $ | 9,300 | $ | 1,275 | ||||||
Write down tax credit investment QTD | $ | 2,197 | $ | 4,723 | $ | 2,716 | ||||||
Salaries & employee benefits QTD | $ | 22,986 | $ | 23,024 | $ | 19,066 | ||||||
Other operating expense | $ | 7,195 | $ | 12,590 | $ | 6,702 | ||||||
Third party processing and other services QTD | $ | 7,166 | $ | 7,841 | $ | 7,284 | ||||||
Equipment and occupancy expense QTD | $ | 3,557 | $ | 3,860 | $ | 3,435 | ||||||
Earnings retention YTD | 67 | % | 71 | % | 74 | % | ||||||
Number of employees | 611 | 598 | 581 | |||||||||
QTD tax rate | 17.50 | % | 10.91 | % | 18.07 | % | ||||||
YTD tax rate | 17.50 | % | 15.43 | % | 18.07 | % | ||||||
Available Liquidity | 3/31/2024 | |||||||||||
Cash | $ | 1,450,899 | ||||||||||
Investment Securities (mkt value), net of pledged | $ | 457,211 | ||||||||||
Total on balance sheet liquidity | $ | 1,908,110 | ||||||||||
FHLB fundings availability | $ | 2,761,350 | ||||||||||
Correspondent lines of credit availability | $ | 265,000 | ||||||||||
Brokered deposit availability (25% of assets per policy) | $ | 3,930,408 | ||||||||||
Federal Reserve Bank fundings availability | $ | 2,153,267 | ||||||||||
Total Available Liquidity | $ | 11,018,134 |