March 31, 2019 Portfolio Diversification Legacy Loans [in - - PowerPoint PPT Presentation

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March 31, 2019 Portfolio Diversification Legacy Loans [in - - PowerPoint PPT Presentation

Dec 02, 2023 110 likes •275 views

March 31, 2019 Portfolio Diversification Legacy Loans [in thousands] $3,936,607 $3,868,814 3.31.19 12.31.18 Bonds Bonds $13,701 $13,940 0% 0% Commercial Commercial Consumer* Business Business Consumer* $259,794 $403,744

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SLIDE 1

March 31, 2019

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SLIDE 2

Portfolio Diversification

Legacy Loans

3.31.19

$3,936,607 $3,868,814

12.31.18

*Includes Home Equity Loans of $120,696 Includes Home Equity Loans of $121,352

Consumer* $432,230 11%

Single Family Real Estate $400,672 10%

Multifamily Real Estate $763,949 20% Commercial Real Estate $1,355,298 35%

Const & Land Dev $637,936 17%

Bonds $13,940 0%

Commercial Business $264,789 7%

2

Consumer* $403,744 10%

Single Family Real Estate $408,843 10%

Multifamily Real Estate $842,757 22% Commercial Real Estate $1,374,478 35%

Const & Land Dev $633,290 16%

Bonds $13,701 0%

Commercial Business $259,794 7%

[in thousands]

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SLIDE 3

Portfolio Diversification

Terminated Loss Share Agreement Loans

3.31.19

$124,225 $130,976

12.31.18

Team Bank, Vantus Bank, Sun Security Bank, and InterSavings Bank

*Includes Home Equity Loans of $19,467

Team Bank, Vantus Bank, Sun Security Bank, and InterSavings Bank

*Includes Home Equity Loans of $21,134 Multi Family $3,587 3%

Single Family Real Estate $85,659 65%

Commercial Real Estate $15,211 12%

Const & Land Dev $1,199 1%

Consumer* $22,807 17% Other Loans $2,513 2%

3

Multi Family $3,541 3% Single Family Real Estate $81,662 66% Commercial Real Estate $14,576 11% Const & Land Dev $1,106 1% Consumer* $21,011 17% Other Loans $2,329 2%

[in thousands]

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SLIDE 4

Portfolio Diversification

FDIC Assisted Acquired Loans

3.31.19

$52,041 $53,471

12.31.18

Valley Bank

*Includes Home Equity Loans of $345

Valley Bank

*Includes Home Equity Loans of $356 Consumer* $793 2% Single Family Real Estate $16,491 31% Multifamily Real Estate $9,809 18% Commercial Real Estate $18,221 34% Const & Land Dev $4,389 8% Commercial Business $3,768 7%

4

Consumer* $746 1% Single Family Real Estate $16,147 31% Multifamily Real Estate $9,748 19% Commercial Real Estate $17,175 33% Const & Land Dev $4,345 8%

Commercial Business $3,880 8%

[in thousands]

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SLIDE 5

Portfolio by Region

Legacy Loans

3.31.19

$3,936,607 $3,868,814

12.31.18

Missouri SE $61,659 2% Missouri Central $101,725 3%

Missouri SW $133,601 3%

St Louis $750,249 19% Kansas City $241,354 6% Missouri NE/NW $25,942 1% Springfield $364,378 9% Branson $72,561 2%

Iowa/ Nebraska/ South Dakota $295,934 8% Minnesota $170,414 4%

Oklahoma $301,192 8% Arkansas Other $85,510 2%

Kansas Other $87,248 2%

Texas $422,098 11% Fayetteville $104,885 3% Chicago $98,885 3% Other Regions $551,179 14%

5

Missouri SE $52,737 2% Missouri Central $95,775 3% Missouri SW $126,796 3%

St Louis $762,069 19%

Kansas City $247,746 6% Missouri NE/NW $24,903 1%

Springfield $367,843 9%

Branson $71,493 2%

Iowa/ Nebraska/ South Dakota $304,255 8% Minnesota $184,828 5%

Oklahoma $294,149 7%

Arkansas Other $84,331 2% Kansas Other $97,318 2%

Texas $407,983 10%

Fayetteville $107,425 3%

Chicago $100,986 3% Other Regions $605,970 15%

[in thousands]

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SLIDE 6

Portfolio by Region

Terminated Loss Share Agreement Loans

3.31.19

$124,225 $130,976

12.31.18

Iowa/ Nebraska/ South Dakota $13,633 10% Missouri Central $1,570 1%

Kansas City $6,417 5% Missouri SW $6,903 5% Minnesota $83,827 64%

Kansas Other $2,311 2%

Missouri SE $3,207 3%

  • St. Louis

$9,213 7%

Chicago $103 0% Other Regions $3,792 3%

6

Iowa/ Nebraska/ South Dakota $12,844 10% Missouri Central $832 1%

Kansas City $6,071 5% Missouri SW $6,474 5% Minnesota $80,304 65%

Kansas Other $1,999 2%

Missouri SE $3,031 2%

  • St. Louis

$9,041 7% Chicago $103 0% Other Regions $3,526 3%

[in thousands] Team Bank, Vantus Bank, Sun Security Bank, and InterSavings Bank Team Bank, Vantus Bank, Sun Security Bank, and InterSavings Bank

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SLIDE 7

Commercial Real Estate

Legacy Loans

3.31.19

$1,374,478 $1,355,298

12.31.18

Retail $444,009 33% Healthcare $281,514 21%

Motels / Hotels $129,077 9%

Restaurants $68,882 5% Office Buildings $186,142 14% Recreational Facilities $23,795 2% Industrial $123,234 9% Storage $40,602 3% Other $58,043 4%

7

Retail $430,047 31% Healthcare $281,831 20% Motels / Hotels $141,114 10% Restaurants $67,484 5% Office Buildings $188,371 14% Recreational Facilities $23,462 2% Industrial $120,568 9% Storage $62,733 5%

Other $58,868 4%

[in thousands]

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SLIDE 8

Commercial Real Estate by Region

Legacy Loans

3.31.19

$1,355,298

12.31.18

Missouri SE $3,224 1% Missouri Central $55,793 4%

Missouri SW $57,447 4%

St Louis $235,852 17% Kansas City $102,278 8% Missouri NE/NW $18,751 1% Springfield $78,903 6% Branson $28,026 2% Iowa/ Nebraska/ South Dakota $118,134 9% Minnesota $82,534 6%

Oklahoma $87,689 6% Arkansas Other $10,600 1% Kansas Other $30,216 2%

Texas $161,436 12% Fayetteville $12,713 1% Chicago $40,262 3% Other Regions $231,440 17%

8

Missouri SE $3,182 0% Missouri Central $55,230 4% Missouri SW $57,252 4%

St Louis $235,460 17%

Kansas City $117,976 9%

Missouri NE/NW $18,466 1%

Springfield $77,448 6% Branson $27,049 2%

Iowa/ Nebraska/ South Dakota $127,010 9% Minnesota $75,302 5% Oklahoma $82,407 6% Arkansas Other $10,521 1% Kansas Other $36,743 3%

Texas $162,914 12%

Fayetteville $12,552 1%

Chicago $39,965 3% Other Regions $235,001 17%

[in thousands]

$1,374,478

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SLIDE 9

Construction & Land Development

Legacy Loans

3.31.19

$633,290 $637,936

12.31.18

Single Family $15,399 3% Apartments $376,575 59% Residential Land Dev $10,697 2% Commercial Land Dev $40,116 6% Retail $41,461 7% Healthcare $32,090 5% Motels / Hotels $33,595 5% Office $53,181 8% Industrial $15,342 2% Other $19,480 3%

9

Single Family $16,728 3% Apartments $353,957 56% Residential Land Dev $8,755 1% Commercial Land Dev $42,112 7% Retail $51,928 8% Healthcare $44,978 7% Motels / Hotels $23,252 4%

Office $61,730 10%

Industrial $2,711 0% Other $27,139 4%

[in thousands]

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SLIDE 10

Construction & Land Development by Region

Legacy Loans

3.31.19

$637,936

12.31.18

Missouri SE/SW $8,911 1%

Missouri Central $5,111 1%

St Louis $85,438 15% Kansas City $11,843 2% Springfield $21,482 3% Branson $7,116 1%

Iowa/ Nebraska/ South Dakota $46,470 8% Minnesota $33,127 5%

Oklahoma $46,686 7% Arkansas Other $12,266 2% Kansas Other $9,067 1% Texas $115,924 18% Fayetteville $21,678 3% Chicago $38,582 6% Other Regions $174,235 27%

1

[in thousands]

$633,290

Missouri SE/SW/NW $4,380 1%

Missouri Central $4,921 1%

St Louis $79,198 14% Kansas City $18,416 3%

Springfield $29,024 5% Branson $7,521 1%

Iowa/ Nebraska/ South Dakota $39,529 8% Minnesota $42,372 7%

Oklahoma $41,244 8% Arkansas Other $12,606 2% Kansas Other $13,516 2% Texas $101,982 16%

Fayetteville $13,925 2%

Chicago $37,875 6% Other Regions $186,781 29%

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SLIDE 11

Multi Family Real Estate by Region

Legacy Loans

3.31.19

$842,757 $763,949

12.31.18

Fayetteville $21,955 3%

Arkansas Other $14,877 2% Kansas City $67,978 9%

Kansas Other $33,446 4% Minnesota $16,538 2%

Iowa / Neb / South Dakota $46,387 6%

Springfield $47,326 6% Missouri Central /NE/NW $9,742 1%

  • St. Louis

$119,279 16%

Missouri Southwest $5,242 1% Oklahoma $153,480 20% Texas $137,175 18% Chicago $16,979 2% Other Regions $73,545 10%

11

Fayetteville $34,883 4% Arkansas Other $14,769 2% Kansas City $53,360 6% Kansas Other $33,292 4% Minnesota $28,123 3% Iowa / Neb / South Dakota $54,493 6% Springfield $47,568 6% Missouri Central /NE/NW $9,650 1%

  • St. Louis

$131,728 16%

Missouri Southwest $4,983 1%

Oklahoma $157,921 19% Texas $135,103 16% Chicago $20,010 2%

Other Regions $116,874 14%

[in thousands]

Average credit size is $2,827,785 Average credit size is $2,616,264

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SLIDE 12

Multi Family Real Estate by LTV

Legacy Loans

3.31.19

$842,757 $763,949

12.31.18

25% or less $12,136 1% 26%-50% $96,609 13% 51%-75% $519,451 68% 76%-85% $120,235 16%

86% and higher $15,518 2%

12

25% or less $9,233 1%

26%-50% $130,694 16% 51%-75% $541,831 64% 76%-85% $145,583 17%

86% and higher $15,416 2%

[in thousands]

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SLIDE 13

Consumer Auto Loans by Region

Excluding Insured Credit Loans

Legacy Loans

3.31.19

$205,538 $225,682

12.31.18

Fayetteville $22,551 10% Arkansas Other $29,534 13% Oklahoma $1,006 1% Springfield $39,701 18%

  • St. Louis

$13,793 6% Kansas City $6,916 3% Missouri Southeast $30,392 13% Missouri NE/NW $2,293 1% Missouri Central $9,653 4% Missouri Southwest $36,588 16%

Iowa / Neb / SD $14,182 6%

Kansas Other $6,857 3% Other Regions $12,216 6%

13

Fayetteville $20,771 10% Arkansas Other $28,454 13% Oklahoma $868 1%

Springfield $35,973 18%

  • St. Louis

$12,549 6%

Kansas City $6,164 3%

Missouri Southeast $26,619 13%

Missouri NE/NW $1,998 1% Missouri Central $8,565 4% Missouri Southwest $33,801 16%

Iowa / Neb / SD $12,269 6% Kansas Other $6,155 3%

Other Regions $11,352 6%

[in thousands]

  • 51% of the Consumer Portfolio
  • Avg. origination balance $16,333
  • Avg. origination term 5 years
  • Expected life 17.3 months
  • Average Primary FICO-687
  • New autos--1%
  • Used autos--99%
  • Indirect loans-- 82%
  • Direct loans--18%
  • 52% of the Consumer Portfolio
  • Avg. origination balance $16,211
  • Avg. origination term 5 years
  • Expected life 17.74 months
  • Average Primary FICO-687
  • New autos--2%
  • Used autos--98%
  • Indirect loans-- 83%
  • Direct loans--17%

(Adjusted to exclude nonperforming and insured credit program loans) (Adjusted to exclude nonperforming and insured credit program loans)

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SLIDE 14

Consumer Insured Credit Loans by Region

Legacy Loans

3.31.19

$24,094 $27,865

12.31.18

Fayetteville $2,063 7% Arkansas Other $1,702 6% Oklahoma $196 1% Springfield $2,120 8%

  • St. Louis

$5,232 19%

Kansas City $1,831 7% Missouri Southeast $6,523 23% Missouri NE/NW $478 2% Missouri Central $1,431 5% Missouri Southwest $3,336 12%

Iowa / Neb / SD $1,360 5%

Kansas Other $957 3% Other Regions $636 2%

14

Fayetteville $1,700 7% Arkansas Other $1,480 6% Oklahoma $151 1% Springfield $1,878 8%

  • St. Louis

$4,585 19%

Kansas City $1,625 7%

Missouri Southeast $5,682 23%

Missouri NE/NW $374 1%

Missouri Central $1,129 5%

Missouri Southwest $2,901 12%

Iowa / Neb / SD $1,156 5%

Kansas Other $873 4% Other Regions $560 2%

[in thousands]

  • 6% of the Consumer Portfolio
  • Avg. origination balance $19,622
  • Avg. origination term 6 years
  • Expected life 17.3 months
  • Average Primary FICO-570
  • New autos-7%
  • Used autos--93%
  • Indirect loans--97%
  • Direct loans--3%
  • 6% of the Consumer Portfolio
  • Avg. origination balance $19,577
  • Avg. origination term 6 years
  • Expected life 17.74 months
  • Average Primary FICO-569
  • New autos-7%
  • Used autos--93%
  • Indirect loans--97%
  • Direct loans--3%

(Adjusted to exclude nonperforming loans) (Adjusted to exclude nonperforming loans)

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SLIDE 15

NonPerforming by Type

Legacy Loans

3.31.19

$4,637 $6,300

12.31.18

Consumer* $1,816 29% Single Family Real Estate $2,664 42% CRE & Const & Land Dev $383 6% Commercial Business $1,437 23%

15

Consumer* $1,254 27% Single Family Real Estate $1,113 24% CRE & Const & Land Dev $865 19% Commercial Business $1,405 30%

[in thousands]

*Includes Home Equity Loans of $86 *Includes Home Equity Loans of $238

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SLIDE 16

NonPerforming by Region

Legacy Loans

3.31.19

$4,637 $6,300

12.31.18

St Louis $1,609 26% Springfield $1,752 28% Kansas $127 2%

Missouri Other $338 5%

Missouri Central $286 5% Missouri SW $1,037 16%

Iowa/ Neb /S. Dakota $399 6% Arkansas $356 6% Other Regions $396 6%

16

St Louis $1,529 33% Springfield $999 22% Kansas $90 2% Missouri Other $163 3% Missouri SW $997 21% Iowa/ Neb /S. Dakota $357 8% Arkansas $132 3%

Other Regions $370 8%

[in thousands]