BAS Presentations - March 2023

3/1/2023

Reconciling Performance to Peer

% AVERAGE ASSETS Net Interest Income Noninterest Income Noninterest Expenses

BANK

PEER

EFFECT ‐ 73 bps ‐ 21 bps +78 bps +2 bps

2.41% 3.14% 0.62% 0.83% 1.66% 2.44% 0.03% 0.05% 0.00% 0.01%

Provisions

Securities Gains/Losses

‐ 1 bps

Pretax Net Operating Income

1.35% 1.59% Net effect ‐ 16 bps

What is the main reason pretax earnings is worse than peer? Is there an area the bank is performing better than peer?

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Don’t Over-Rely on Peer Comparisons

Peer comparison data are not included in the rating system. The principal reason is to avoid over reliance on statistical comparisons to justify the component rating being assigned. “ ” ” ‐ FDIC Risk Management Manual

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