Iowa City, Iowa Denver, Colorado Naples, Florida Minneapolis, Minnesota Investor Presentation June 30, 2022 Forward-Looking Statements & Non-GAAP Measures Cautionary Note Regarding Forward-Looking Statements This investor presentation contains certain "forward-looking statements" within the meaning of such term in the Private Securities Litigation Reform Act of 1995. We and our representatives may, from time to time, make written or oral statements that are "forward-looking" and provide information other th ...

Midwestone Financial Group, Inc. (NASDAQ:MOFG) Q2 2022 Earnings Conference Call July 29, 2022 12:00 PM ET Company Participants Charles Funk - CEO & Director Barry Ray - CFO & Senior EVP Len Devaisher - President & COO Gary Sims - Senior VP & Chief Credit Officer James Cantrell - CIO, Senior EVP & Treasurer Conference Call Participants Brendan Nosal - Piper Sandler & Co. Terence McEvoy - Stephens Inc. Damon DelMonte - KBW Brian Martin - Janney Montgomery Scott Operator Good morning, and thank you for attendi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35968 MIDWESTONE FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation ...

Financial Data and Key Metrics Changes - The company reported a fourth consecutive quarter of loan growth at approximately 5% linked quarter annualized [3] - Net interest income was $37.3 million, down $1.3 million from the prior year period, but up $2.5 million or 7.5% when excluding PPP income and loan purchase discount accretion [20] - Non-interest income increased to $11.6 million for Q1 2022, primarily due to loan revenue [21] - Total shareholders' equity decreased by $23 million from year-end 2021 due to a $33.2 million negative valuation adjustment on the debt securities portfolio [18] Business Line Data and Key Metrics Changes - Core loans increased by $32.8 million or 4.2% annualized from the linked quarter, led by commercial loans which rose by $35 million or 5.4% [16] - Wealth Management revenue was up 6% quarter-over-quarter, with assets under management increasing by 5% [30] - The company experienced a stable wealth management performance despite negative market conditions [7] Market Data and Key Metrics Changes - Deposits were slightly down from the linked quarter but up 6% from the prior year period [18] - The company noted a significant increase in retail deposit sales, with new money from retail households up 12% compared to the same period last year [29] - Non-performing assets were $31.5 million at March 31, 2022, down slightly from year-end 2021 and down 31% from the prior year period [17] Company Strategy and Development Direction - The company is focused on driving revenue through technology investments and talent acquisition [26] - There is a strong pipeline for commercial loans, particularly in construction loans, which are expected to fund throughout the year [27] - The company is actively monitoring its branch network and adapting to changing customer behaviors, with a noted 11% decrease in branch teller transactions [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the loan growth pipeline and the stability of asset quality, with net charge-offs at 28 basis points [11] - The company anticipates increasing revenues from its Wealth Management Group in the latter half of the year [7] - Management acknowledged the competitive landscape for loans and deposits, indicating a need for strategic adjustments [3][4] Other Important Information - The company reclassified approximately 50% of its debt securities portfolio to held to maturity to mitigate negative impacts from rising rates [19] - The Iowa FIRST transaction is still pending regulatory approval, with management expressing frustration over the delay [12][13] Q&A Session Summary Question: Inquiry about the securities portfolio and potential adjustments - Management confirmed no further adjustments to the securities portfolio are expected and provided details on the variable rate securities held [37][38] Question: Discussion on deposit pricing competition - Management indicated limited opportunities to reprice CDs lower due to local market competition and expressed optimism about maintaining core account rates [42][43] Question: Health of agricultural borrowers - Management reported that agricultural borrowers are in good shape due to favorable crop yields and locked-in input costs for 2022 [46][47] Question: Update on Iowa FIRST transaction - Management provided a positive update on the cooperation from Muscatine Bank and indicated expectations for a potential close in mid-May or June [51][53] Question: Core margin sensitivity to rate changes - Management indicated that for every 100 basis point increase, the margin may benefit by 5 to 10 basis points, assuming successful lagging of deposit increases [64][66] Question: Fee income outlook - Management projected fee income in the range of $9 million to $9.5 million per quarter, excluding the acquisition [72] Question: Impact of branch reductions on savings - Management indicated that any savings from branch reductions would likely be reinvested into technology [73][74]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 For the transition period from _______ to _______ Commission file number 001-35968 MIDWESTONE FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification Number) Iowa 42-1206172 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ FORM 10-K TRANSITIO ...

Investor Presentation December 31, 2021 estOne™ GROUP INC. Forward-Looking Statements & Non-GAAP Measures Cautionary Note Regarding Forward-Looking Statements This investor presentation contains certain "forward-looking statements" within the meaning of such term in the Private Securities Litigation Reform Act of 1995. We and our representatives may, from time to time, make written or oral statements that are "forward-looking" and provide information other than historical information. These statements invol ...

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Q4 2021 Earnings Conference Call January 28, 2022 ET Company Participants Charlie Funk ??? CEO Gary Sims ??? Chief Credit Officer Barry Ray ??? CFO Jim Cantrell ??? Treasurer and CIO Len Devaisher ??? President Conference Call Participants Brendan Nosal ??? Piper Sandler Jeff Rulis ??? D.A. Davidson Terry McEvoy ??? Stephens Damon DelMonte ??? KBW Brian Martin ??? Janney Montgomery Operator Welcome to the Midwest Financial Group Incorporated, Fourth Quarter 202 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35968 MIDWESTONE FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Emp ...

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Q3 2021 Results Conference Call November 2, 2021 12:00 PM ET Company Participants Charlie Funk - CEO Gary Sims - Chief Credit Officer Barry Ray - CFO Jim Cantrell - Treasurer and CIO Len Devaisher - President Conference Call Participants Brendan Nosal - Piper Sandler Jeff Rulis - D.A. Davidson Terry McEvoy - Stephens Damon DelMonte - KBW Ross Haberman - RLH Brian Martin - Janney Montgomery Operator Good day, and welcome to the MidWestOne Financial Group, Inc. T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35968 MIDWESTONE FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation ...