Exhibit 99.2




Selected Financial Data (in thousands except number of employees)
 
6/30/2023
   
3/31/2023
   
6/30/2022
 
Commentary
Scheduled CD maturities for subsequent quarter
 
$
152,562
   
$
156,886
   
$
196,280
   
Average rate scheduled CD maturities for subsequent quarter
   
3.00
%
   
2.38
%
   
0.62
%
 
Loan rate (excludes fees), Qtr-End
   
7.99
%
   
7.91
%
   
4.45
%
 
Cost of total deposits, Qtr-End
   
2.76
%
   
2.31
%
   
0.22
%
 
Cost of interest-bearing DDAs, Qtr-End
   
3.62
%
   
3.12
%
   
0.31
%
 
Cost of interest-bearing deposits, Qtr-End
   
3.60
%
   
3.08
%
   
0.37
%
 
Noninterest bearing DDA balances, Qtr-End
 
$
2,855,102
   
$
2,898,736
   
$
4,686,511
   
Reserve for unfunded commitments, Qtr-End
 
$
575
   
$
575
   
$
1,600
   
Credit card spend QTD
 
$
277,822
   
$
259,592
   
$
263,888
   
Credit card net income QTD
 
$
2,406
   
$
1,689
   
$
2,672
   
Merchant services fees QTD
 
$
581
   
$
455
   
$
471
   
Mortgage banking income QTD
 
$
696
   
$
442
   
$
614
   
FDIC insurance QTD
 
$
2,000
   
$
1,275
   
$
960
   
Write down tax credit investment QTD
 
$
2,384
   
$
2,716
   
$
2,499
 
The write down of our tax credit investment increased non-interest expenses by $2.4 million during the 2nd quarter 2023, but was offset by an income tax reduction of $3.8 million.
Salaries & employee benefits QTD
 
$
18,795
   
$
19,066
   
$
20,734
   
Other operating expense
 
$
6,224
   
$
6,702
   
$
7,253
   
Third party processing and other services QTD
 
$
6,198
   
$
7,284
   
$
6,345
 
FRB service charges related to correspondent bank settlement activities decreased $900,000 quarter/quarter.
Equipment and occupancy expense QTD
 
$
3,421
   
$
3,435
   
$
2,983
   
Business meals QTD
 
$
54
   
$
532
   
$
293
   
Earnings retention YTD
   
73
%
   
74
%
   
79
%
 
Number of employees
   
583
     
581
     
550
   
QTD tax rate
   
17.38
%
   
18.07
%
   
18.83
%
 
YTD  tax rate
   
17.74
%
   
18.07
%
   
18.89
%