Financial Performance - First Busey Corporation's total assets were $119 billion as of March 31, 2024 [3] - The company's Assets Under Care (AUC) reached $128 billion [3] - Last Twelve Months (LTM) revenue totaled $3727 million [4] - FirsTech, a segment of First Busey, processed $11 billion in payments LTM [3] and generated $231 million in revenue LTM [4] - Wealth Management segment revenue LTM was $586 million [4] Balance Sheet & Capital - As of March 31, 2024, the CET1 ratio was 135% and the Total Capital Ratio was 179% [20] - Core deposits represented 967% of total deposits [20] - The loan-to-deposit ratio stood at 762% [26] Wealth Management - Wealth Management's Assets Under Care (AUC) reached $128 billion as of March 31, 2024, a year-over-year increase of 139% [3, 49] - Wealth segment revenue for 1Q24 was $157 million, a year-over-year increase of 53% [49] FirsTech - FirsTech's revenue for 1Q24 reached $60 million, marking the highest quarterly revenue in the company's history [52] - FirsTech is focused on achieving double-digit annual growth and reaching $50 million in annual revenue [54] Strategic Initiatives - On April 1, 2024, First Busey completed the acquisition of M&M Bank Corp [3, 12]

Core Insights - Freedom Financial Holdings, Inc. has appointed Scott Clark as Executive Vice President and Chief Financial Officer, enhancing the bank's leadership team with his extensive experience in community banking and finance [1][4][6] Company Overview - The Freedom Bank of Virginia is a next-generation community bank based in Fairfax, Virginia, offering a range of banking solutions including commercial, personal, and mortgage banking [7] Leadership and Strategy - Scott Clark will oversee all financial operations, including budgeting, financial reporting, asset liability management, investment performance, regulatory compliance, and investor relations, positioning the bank for growth and profitability [3][4] - The bank's President and CEO, Joe Thomas, expressed confidence in Clark's ability to enhance operational efficiency and balance sheet management, aligning with the bank's values and commitment to community banking [4][5] Experience and Qualifications - Scott Clark has a significant background in financial strategy, regulatory compliance, and capital management, having previously served as Treasurer for Sandy Spring Bank and EagleBank [6] - His focus on long-term sustainability and customer satisfaction positions him uniquely to guide Freedom Bank through a rapidly changing financial environment [6]

Core Insights - OptimumBank Holdings, Inc. reported its best year in company history, achieving a Core Return on Average Equity (ROAE) exceeding 23% for fiscal year 2024 [1] - The company will present updated performance data through Q1 2025 during its Annual Shareholder Meeting and Investor Day on April 29, 2025 [1][2] Company Overview - Founded in 2000 in Ft. Lauderdale, Florida, OptimumBank focuses on traditional in-person banking services for businesses and consumers in South Florida [3] - The bank offers a trusted alternative to larger financial institutions, emphasizing expertise in real estate and commercial lending [3] - OptimumBank has experienced significant growth over the past decade and aims to continue this momentum in the future [3] Financial Solutions - The bank's business and financial solutions include Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking [4]